Arht Media, Evertz Technologies Ltd. and More Earnings Reports this Week (Sep 13-17)
Markets ended the week on a lower note. Worries over inflation. After making several record highs, some investors think the pullback is a healthy breather.
This week, earnings season is wrapping up with only select companies reporting earnings. Sprott Physical Gold and Silver Trust (CEF-T) starts the week off, followed by Evertz Technologies Ltd. (ET-T) on September 14.
Here are the companies listed on Stockchase who are reporting earnings this week:
🛢 Basic Materials
Every investor should own some gold and silver like 5%, and most own none. This is an easy way to do it. You don't have to own the physical bullion. Disclosure: he works for Sprott.
Arht Media (ART-X) Sep 13
Beams multiple presenters in life-like holograms. Has a following around the world. The technology works. With work from home, this will be more affordable in years to come. Interesting to follow. His price target is 40 cents.
Evertz Technologies Ltd. (ET-T) Sep 14
Price target of $15, so not much room left. SaaS in the film industry, which has had a difficult time. He'd sell a third. If it goes up, that's OK. If it goes down, at least you sold a third.
(A Top Pick Oct 22/18, Down 35%) He sold this at $3. They offered to buy 15 million shares of stock and the took the offer. He is glad to be out. Sales are falling and they have closed 48 stores. He wonders if management should be changed. Their online sales have been going up,…
Reitmans (RET-T) Sep 13
He owned it at $3.81 and sold it at $3.00 and is glad he did. Management is getting old and stodgy. As the stock has been thrashed following the share buyback program, he thinks the balance sheet still looks okay, but the cash position is not as good. Last quarter they lost a lot of…
Le Chateau Inc. (A) (CTU-X) Sep 13
This has been a very difficult stock. Recently reported a very bad quarter. He would stay away from this one. Inventory has gone up a lot and their margins have fallen. Cut the dividend totally. Thinks they are in a bit of trouble.
High Tide Inc. (HITI-N) Sep 14
Fire & Flower Holdings (FAF-T) Sep 14
They're in retail. Have a deal with ATD'B to take a bigger ownership position. Investors have forgotten about the retailers, which is a fragmented but strong business. FF has buying power. He used to own this, but is watching this. He expects the weed sector to revive. Expects ATD'B to take this over eventually.
Volume has dried up and is sporadic. Tech analysis of this is tough. $30.90 could be huge resistance.
exactEarth Ltd (XCT-T) Sep 16
Thinks they had a problem with a big Canadian government contract this spring, and the stock dropped dramatically. He doesn’t think they will be making any money here.
Use this list wisely to identify buying opportunities.
Happy trading !!!