Arht Media, Evertz Technologies Ltd. and More Earnings Reports this Week (Sep 13-17)
Laurentian Bank, Alimentation Couche-Tard (B) and More Earnings Reports this Week (Archive From Aug 30-Sep 03)
The markets continue to make new highs. The Feds also made more dovish comments. The TSX also rose to record highs, pushed on by higher oil.
This week, A&W Revenue Royalties Income Fund (AW.UN-T) and Laurentian Bank (LB-T) are notable stocks reporting earnings this week. Investor favourite Alimentation Couche-Tard (B) (ATD.B-T) will report August 31.
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.
GT Gold Corp (GTT-X) Aug 30
(A Top Pick Oct 16/18, Down 56%) He bought it because they had a great copper project in northwest BC, but drilling yielded declining potential. Lost 10% when he sold. Brent Cook: Get out fast when you find a fatal flaw in a mining company.
Orezone Gold Corp (ORE-X) Aug 30
In Western Africa, this miner is looking for funding. It is not the exciting part of the cycle as they are in the de-risking mode. Investors are looking for projects that double resources. Institutional investors are not yet stepping in the space.
Fission Uranium Corp. (FCU-T) Aug 30
NexGen vs. Fission He owns both Fission and NexGen. They're far from infrastructure in the Athabasca Basin and would be challenged if it wasn't for their deposits being large and of quality (and next to each other). They could get built as a pair. The Fission deposit is borderline-tier one deposit, whole Nexgen's is. The…
Atlantic Gold Corp (AGB-X) Aug 30
(A Top Pick Mar 05/18, Up 28%) It has the largest margins he can find. The knock against it is that it has had a good run. It is a young mine. There should be a resource statement next week and that should show where the resource base is heading.
TMAC Resources Inc. (TMR-T) Aug 30
Their project near the coast of Nunavut has run into issues with the metallurgy. The process they've used hasn't worked. Until they turn this around, the deposit is in trouble.
Kootenay Gold (KTN-X) Aug 30
Doesn’t think the Promontorio is a large system. Did a deal to pick up Sunshine mine in Cour De Lene, which has a decent grade deposit but the issue with a lot of the companies in this area is dilution and mining costs.
Nighthawk Gold (NHK-T) Aug 30
Used to own it, because they had a high-grade project in the Northwest Territories, but they were interested in a lower-grade target that didn't interest him so he sold. He doesn't know their company strategy anymore.
GR Silver Mining Ltd. (GRSL-X) Aug 30
(A Top Pick Sep 01/20, Down 64%) Disappointing. Numbers haven't been coming as fast as the market would like. Over time, he has faith the resource will materialize from the drilling.
Galantas Gold Corp. (GAL-X) Aug 30
A tricky one. Have a very small mine in Ireland that they are trying to put into production as well as a small jewellery division. There is no clear indication of what they are trying to be. Gold deposit is very small.
Strategic Metals (SMD-X) Aug 30
He is tempted to buy this because it is selling at a discount to the cash and securities in the company, and you get the assets for free. The thing that holds him back is that this has undergone a strategic change. At one point they were a prospect generator, using their acumen and other…
Atac Resources Limited (ATC-X) Aug 30
Agnico-Eagle (AEM-T) came in a while ago and made a 9.9% stake in this company. The stock went up, but it really hasn’t done much since then. Then Barrick (ABX-T) came in and said they really liked the deposit and wanted to do a joint venture. This is a much better approach that is better…
Eco Oro Minerals (EOM-CN) Aug 30
Radius Gold (RDU-X) Aug 31
Tempted to buy more. They may get a small royalty from a mine they found. They source really good simple projects to explore. There is no catalyst, but you are buying a good company for less than the cash in the bank.
Adamera Minerals (ADZ-X) Aug 31
Intelligently run diamond exploration company. Has yet to see that they have economic pipes. Also into nickel but he has not been following this.
Energold Drilling Corp. (EGD-X) Aug 31
Minera Alamos Inc (MAI-X) Sep 01
(Market Call Minute.) Deposit looks good, but it hasn't quite the size or the grade that it needs to move forward.
Falco Resources (FPC-X) Sep 01
A project that is effectively right underneath the Horne Mine Complex in Québec. Originally it was very low grade gold and copper, so in order for this to be economic, they have to be able to mine it using bulk mining methods, and keep the costs as low as possible. That would entail blockading. He…
Japan Gold (JG-X) Sep 01
He likes their recent deal with Barrick. JG controls the real estate in Japan while Barrick spends money on exploration.
Giga Metals Corp (GIGA-X) Sep 01
Has a massive nickel deposit in northern British Columbia. Low grade, but can be mined as an open pit. The jury is out on this one. Looks intriguing.
Mirasol Resources (MRZ-X) Sep 01
(A Top Pick Oct 16/19, Down 24%) It is a prospect generator in Chile and Argentina. Their enterprise value is very low. They have a very high working capital position. Their permitting on drilling is slower than anticipated.
Canadian Spirit Resources Inc. (SPI-X) Sep 01
The reserves and potential are there. They have lots of wells to drill over a five-year period. Slow and steady. They will need to finance it. Very cheap.
GroMax Resources (GRO-X) Sep 01
Oil/gas in Argentina. 24% owned by management and directors. Argentina always worries him a bit because it is a difficult, stormy, strange, political kind of country. It does appear to be a very important shale deposit.
Scorpio Gold Corp. (SGN-X) Sep 01
It's a 10 cent stock, when even the big companies aren't doing well. If you like it, sure go ahead. But there's nothing he can add.
ZEN Graphene Solutions (ZEN-V) Sep 02
Have been buying aggressively. It is a covid and post-covid play. They produce a spray that is used on materials for masks. Ability to produce 25M masks per day come November. The product can be sprayed on filter material and attracts wet materials.
Aurcana Corp. (AUN-X) Sep 02
Has been a bit of a disaster. Mine in Texas is not going ahead, resource was not properly done. The reserves are not what they expected.
First Cobalt (FCC-X) Sep 02
Cobalt is attractive but this is not a cheap producer, because they're in Canada and not Russia or Congo.
Santacruz Silver Mining Ltd (SCZ-X) Sep 02
The silver sector has had a spectacular run. He has a prejudice against small mines, because they have all the risks of the big mines, but can never make you money.
Diamcor Mining Inc. (DMI-X) Sep 02
It has been a disappointing stock to him. They have had some hiccups, but likes their asset base. The problem is that synthetic diamonds are taking away from overall demand. They have not been operating as well as they should have been. He might prefer Lucara Diamond (LUC-T).
Axmin Inc (AXM-X) Sep 02
Has been a very frustrating stock in the Central African Republic. Reduced his holdings dramatically in the last year. Company announced they were going to have to defer some of their go ahead build of the mine because of some of the rebel forces and some of the issues.
Encanto Potash (EPO-X) Sep 02
Potash in an area that is very close to deals that have been happening. On Junior potash plays in Saskatchewan, he is becoming worried about capital spending on account of foreign majors coming in. Concerned about the long-term prospects of this company.
Neo Lithium Corp (NLC-X) Aug 30
(A Top Pick Sept 9/16. Down 2.7%.) Has a world-class property in Argentina and a world-class CEO who has done this before. They’ve raised money from various sophisticated institutions at about the current price. At some point, given lithium prices and electrification of cars it is going to get taken out. Highly speculative, but if…
Drone Delivery Canada Corp (FLT-X) Aug 30
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. The Edmonton airport deal is positive and the company continues to announce engagements over the last couple of months. Revenues are still low though it has hit $450K on a trailing twelve month basis last quarter. Unlock Premium - Try 5i Free
Flowr Corp. (FLWR-X) Aug 30
They have a lot going on in their greenhouse and outdoor operation. They have a deal with Scott's Miracle Grow. He sold off and may buy back in.
Lite Access Technologies (LTE-X) Aug 31
They are doing distinctive infrastructure, where they are digging trenches to get that last mile to the home. They are doing this in the UK, and have a large contract with one company. He really likes the story, but is waiting to see some revenues and earnings drop to the bottom line over the next…
Major Drilling Group International Inc (MDI-T) Sep 01
It is beyond the current investment horizon to think mining will take place in space, but he is excited about it now. The commodity shortage and pricing will lead to massive exploration for things like copper. The electronic world we are entering will need massive amounts of copper. He thinks they will be quite profitable…
DynaCERT Inc (DYA-X) Sep 01
Interesting technology, but not investible right now. A gadget that installs on commercial vehicles to reduce emissions and increase fuel efficiency. "A science project" for 17 years of R&D. Losing money, negligible revenue, diluting shares, burning cash. He prefers more established companies. One to watch down the road.
Green Growth Brands Inc. (GGB-T) Sep 01
The pot environment is going through a major change. The market got way too excited about them, and most won't be there two years from now. Marijuana pricing is uncertain. Legitimate sellers cost more than the black market. A lot of risk in the area. Sell down, and take profits now. The environment is toxic,…
Sonoro Energy Ltd. (SNV-X) Sep 01
Disclosure: He expressed interest in their private placement. He likes SNV because it is located in Sonoro, Mexico where there's been high historic gold production. They yield half-gram of gold per tonne. They will have a new preliminary economic assessment by end of June and are expected to go into production by end of 2021…
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Likes the name and would be fine adding to it at current levels. Is well positioned and the management team is good. Results were okay last quarter, all things considered. Worst is most likely over. Unlock Premium - Try 5i Free
Keg Royalties Income Fund (KEG.UN-T) Aug 30
It has been very well managed and has been one of the better performers. He is staying away from restaurants as they are expensive and have very little growth. This is one of the better ones, however. If you are happy with the dividend then hold on to it.
RESASS Services (RSS-CN) Aug 30
This is going to be the high-tech story in Canada. They developed a platform for real estate agents and have over 300,000 users now. The only problem with it was that it was not trading in the US, but it has now started trading there. Now a global operation. It’s illiquid.
SIR Royalty Income Fund (SRV.UN-T) Aug 30
We are seeing lots of money going into reopening themes. Not early here. Relative to pre-covid, what is the environment? Compared to pre-covid on the 2-year chart, it looks like there is opportunity. However, it was already dipping pre-covid.
Mosaic Capital (M-X) Aug 30
Likes the management team; it’s just the business model that he doesn’t really like. Generally they have a portfolio of about 12 investments, and if he is going to invest in something along that basis, he would make those investments himself. Unless there is something particular in those portfolios that he can’t replicate himself, he…
Clarocity Corp (CLY-X) Aug 30
This company has been in flux and is finally coming through its last phase. There has been a management and board of director change. There will be a lot of new client acquisitions and a capital cleanup, which will ignite growth.
Laurentian Bank (LB-T) Sep 01
Not time to be aggressive. Lot of risks for a name like this and Canadian banks, and investors need to pay attention. Mortgage portfolios are expanding, housing prices are up 30-40%, and this is a lot of risk in an economy that's slowing.
VersaBank (VB-T) Sep 01
A branch-less bank that does financing for their customers. They should have higher margins than other banks, but he would sit on the sidelines for a while. They are trying to do interesting things with the dividend.
Automotive Finco Corp. (AFCC-X) Sep 02
They are providing almost a royalty payment to those wanting to financial auto dealership loans. They go out and borrow money and make royalty investment in those investing in a dealership. He is watching for them to make a third party investment outside of their dealer group. They pay a great dividend and have fantastic…
They made wood pellets which are used in biomass generation facilities. He has owned this, but it's volatile due to management and operational issues. Wood pellets are vulnerable to fire, which is what happened last year. Their backlog in Japan and Korea is robust is good, but he doesn't like their concentration risk in a…
Tag Oil Ltd. (TAO-T) Aug 30
(A Top Pick April 23/13. Long Tag Oil (TAO-T) and Short Imperial Oil (IMO-T). Down 42.51%.) Did an equity issue last fall at about $4.40, which the Street didn’t like. This is a New Zealand oil/gas play and they have about 5 or 6 catalysts coming up in terms of major wells.
Ascendant Resources Inc (ASND-T) Aug 30
It's been stuck at these levels for a long time, but likes recent volumes. No problem buying this one.
Strategic Oil & Gas Ltd (SOG-X) Aug 30
Has been really hurt by the execution of this very difficult play they are in. Company is going through some high costs, to make sure this very extreme area in northern Alberta, is all pipelined in. There are good reasons why two very, very good, smart, rich people have got ownership of this company. He…
Manitok Energy (MEI-X) Sep 01
The prospect of there being equity value in this company is fairly low. If you own, he would Sell and take a tax loss and move on.
International Frontier Resources (IFR-X) Sep 01
Involved in the UK North Sea. In the process of drilling a well with the Lundins that is very important. In about 1 month will start working with Husky (HSE-T) in the North West Territories. Between the winters of 2008 and 2009, you will have a good shot if they have any kind of drilling…
E-cars were a super hot trend. GPV make e-cars like cutaway vans and schoolbuses. They use a wireless charging technology, so vehicles can always be charging. Biden wants to phase out gas buses by 2025, so this a big opportunity. GPV numbers of last night aren't EBITDA-positive, but will be EBITDA positive later this year…
Boston Pizza Royalties (BPF.UN-T) Aug 30
Safer than a non-royalty stock? They pay out everything they earn at a 13.5% dividend yield. It's sold off sharply, because it is perceived that fast food chains will close down during this outbreak.
D-Box Technologies (DBO-T) Aug 30
A disappointment. Pandemic has been the nail in the coffin for movie theatres and DBO's motion systems. Simulation and industrial segments have been profitable. Treading water right now. Long road ahead. Wait and see before stepping in.
Alimentation Couche-Tard (B) (ATD.B-T) Aug 31
It's not overvalued but margins could be challenged going forward. Will deliver decent results in the short/medium-term. Some think the valuation is stretched. Their war chest is huge and could fuel more buying in coming years.
Rocky Mountain Liquor (RUM-X) Aug 31
Likes the sector. Too illiquid so he could never take a large position in it. Seems to be a lot of room for expansion. You could treat this with “fun” money but not something he can be into himself. (See Top Picks.)
Diamond Estates Wines and Spirits Inc. (DWS-X) Sep 01
Great assets, great business. Results have held steady through the pandemic. Afterwards, lots of high margin areas should start growing again. Reasonably priced. Hang on or buy more. If it's taken out by the major shareholder, it will be at a significantly higher price.
Greenspace Brands Inc (JTR-X) Sep 01
Doesn't know this company. Loves the space. Names with a good name, like "green" move well. They produce organic foods, and people are looking to eat healthier. Fancy name. Fancy products.
Reitmans (RET-T) Sep 01
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…
Reitmans (Canada) Ltd. (A) (RET.A-T) Sep 01
(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,…
BRP INC. (DOO-T) Sep 02
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. There is no news to account for the weakness. The stock rose last week and has essentially returned to those levels. Estimates have risen, which pushes expectations to beat on earnings. The company has beaten estimates 8 quarters in a row. Unlock Premium - Try 5i Free
Waterloo Brewing Ltd. (WBR-T) Sep 03
Allan Tong’s Discover Picks WBR stock is a small-cap, so beware of volatility, trading only 22,000 shares per day. It pays a 1.49% dividend, far smaller than a few years ago. The big reason is that share prices have soared. In the past 12 months, WBR has run from $2.98 the way to $7.99 as…
Le Chateau Inc. (A) (CTU-X) Sep 03
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.
Alithya Group inc (ALYA-T) Aug 30
Just went public in June. Plays into same space as CGI. Small minnow in big pond, but very smart. Built business on acquisitions. Interesting, because they're picking out smaller and mid-size, and they have a long runway.
Martello Technologies Group (MTLO-X) Aug 30
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Revenue grew 57% YOY despite soft results in Q4 2021 relative to expectations. A strong second half of 2022 financial year is expected. Holds $8.5M in cash. In talks with Microsoft for a deal. Continues to trade at relatively low valuation. Results were not spectacular…
Spectra7 Microsystems Inc (SEV-T) Aug 30
Billy Kawasaki’s Insights - Billy’s most-liked answers from 5i Research. Backlog reported looks better with $4-5M in revenue expected in the second half of this year. They have received a large new order from China. They also secured a $5M in equity financing. Risks are high with market cap at $28M and low volume. However,…
Arht Media (ART-X) Aug 30
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.
HIVE Blockchain Technologies (HIVE-X) Sep 01
The upshot: BITF, HUT and HIVE all outperform Bitcoin itself, but suffer more volatility than its base currency. The miners' fortunes are intrinsically tied to the fluctuations of Bitcoin. The main costs for these miners start with the capital costs (an army of supercomputers) and the real estate where they operate day and night. An…
Enablence Technologies Inc. (ENA-X) Sep 01
A play that could be triple / quadruple. Optical chips for next, next generation. 100 Gig data rates. High risk.
Pioneering Technology Corp. (PTE-X) Sep 02
Maxim Power (MXG-T) Aug 30
He bought it as a value play with sum of the parts worth more than it was trading at. They are trying to sell some of the parts. Thinks they will sell all the parts and distribute the cash. $4-$5 breakup value. It is taking longer than he thought to break it up.
HTC Purenergy Inc. (HTC-X) Sep 01
Generally doesn't think carbon capture and storage is the solution to reducing emissions. Questions if this is a viable solution. Hasn't been demonstrated on scale. Carbon capture will play a role where there is a market for carbon dioxide, enhanced oil recovery.
Covalon Technologies (COV-X) Aug 30
(A Top Pick Aug 08/18, Down 78%) They had a $100 million contract from the Middle East, but the revenue in the deal has been delayed. COV had huge promise and now it's Show Me The Money. The revenue delay is hurting them. Also, they had a recent stock issuance. But insiders still own a…
Lattice Biologics Ltd (LBL-X) Sep 01
A very well run company with a really interesting variety of nickel exposure in Norway and 1st rate exploration projects.
Use this list wisely to identify buying opportunities.
Happy trading !!!