Most Anticipated Earnings: TLG-T, WCN-T and more Canadian Companies Reporting Earnings this Week (Oct 19-23)
Here are the Canadian companies listed on Stockchase who are reporting earnings this week:
🛢Basic Materials
Opinion about GFG-X: Some of the people behind Gold Standard Ventures, are behind this one as well. If you follow success in this industry, you will do relatively well. They raised a lot of money for Gold Standard Ventures and it has done well. It is probably in the 8th-9th inning before it gets bought…
Opinion about TLG-T: (A Top Pick Jun 04/25, Up 105%) (Note the short timeframe.) At critical stage of next big project, now completing financing. Will be one of Canada's top-tier projects. Still trades cheaply.
Opinion about WRLG.V: Jury's out. Took a project out of bankruptcy and recapitalized it, but without a feasibility study. He needs to see better…
🚚 Industrials
Opinion about WCN-T: Challenging sector right now, but his choice in the space. Would be impacted by higher interest rates, but doesn't believe that'll be an issue.
Opinion about WPK-T: (A Top Pick May 30/23, Down 11.1%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with WPK has triggered its stop at $39. To remain disciplined, we recommend covering the position at this time. This will result in a net investment loss of 9%, when combined with the previous recommendations.
Opinion about MTL-T: If he owned it, he'd keep a core position and trade around that on economic indicators. Cyclical. Good operators.
⚡ Energy
Opinion about PSD-T: Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research Market cap is $180M, after a 61% gain this year so far. No analyst coverage. Dividend 1.96% with a 17% bump in April and semi-regular special dividends. Price/earnings 13X. No debt and $14M cash. Good cash flow. A big jump in last…
💻 Technology
Opinion about XTRA-T: They use AI to detect weapons on attendees at a large event; it's faster than metal detectors. Could be used as stadiums and schools. Is watching them to see if they sign more contracts and raise profits. Could be a hockey stick of a stock if this tech catches on.
Opinion about RCI.B-T: Trying to monetize sports division, but a ways to go. Falling behind on network quality and investments such as Shaw acquisition. Unfocused. Personal note: He changed his cell to Rogers, can't believe how bad it is.
🏛 Financial
Opinion about FSV-T: Property management and services. Likes that it grows both organically and through acquisitions (either real estate or services). Lots of opportunity to make acquisitions in this fragmented industry. Very strict on its acquisition requirements. Incredibly well run. Fantastic Canadian company (founder started out by cleaning pools as a university student 🙂 Very…
Use this list wisely to identify buying opportunities.
Happy trading !!!