Jordan Zinberg

Believes small & mid cap stocks are outperforming due to lag the past few years (sector rotation). Lots of opportunity in energy, industrial and other sectors of the market as well. Screening for opportunities will generate returns during small caps in both slow and strong markets (just need to know where to look). Small cap M&A trends will continue as valuations remain low (although they are getting better). Would not recommend buying stock based on takeout speculation, would rather ~20% growth that will re-rate the stock price eventually. 

Canadian fin tech business that provides instant access to gig worker economy. Trading at low multiple, with high profit margins. Unsure on why valuation is so low. Believes market will soon recognize value and re rate the stock. Recent announcement with Lift very good for long term profits. 

Believes food infrastructure business very good. Profits and revenues very strong. Management recently rejected a takeover offer. Stock way too cheap given fundamentals of business. Expecting Q3/Q4 will demonstrate further growth. 

Minding services and drilling. New management team continues to perform. Higher revenues and margins. Peers in sector trading roughly 2x higher. Expecting continue growth. Would recommend buying at this price. 

Core holding in portfolio. Very strong asset base. Sharp management with founder who has lots of skin in the game (~50%). Excellent quarter with higher revenue and cash flow. New M&A - bought ~600 apartment as sellers wanted to sell before capital gains tax . Expecting 20,000 apartments by the end of the year. One of the best compounding companies in Canada. 

Excellent company that continues to own. Spin out from Constellation Software. Active in media and communications sector. Larger M&A that has been very secretive. Long term - excellent business for shareholders. 

Oilfield services company that continues to own. Has been able to consistently generate revenues and profits. Recently announced joint venture with Trican Well Services. Expecting ~$20/share price going forward. LNG will also boost demand for services as well. 

One of the largest holdings in the fund. One of the best small cap growth stocks in Canada. Doubling of profits every single year. Expecting ~20% growth going forward. ~30% ROE, with minimum leverage. Lending in the US market with small base (able to grow). Highly aligned management that is top notch. Non-prime lender - but accounting for this with higher rates. Ability to underwrite without a human - tech very strong. 2% dividend yield is safe. 

Owns shares in this business. Printing business that has been around for a long time. Did some M&A about 1 year ago that is going well. Business has doubled the past year. Printing business is not a growth industry - but digital asset management business growing. Good for a short term trade - not a long term hold. 

Owned a large position a few years ago. Has since sold. However, new CEO is expected to be a lot better. Continues to watch the company, and might buy again down the road. 

Has owned the business in the past. Frustrated with rising input costs during Covid-19. Very well run business, but profitability has fallen. Not able to pass on higher costs to customers. Overall, is a good business - will own down the road. If already own - would recommend holding. 

Doesn't know much about the business, and doesn't have a target price. Other names in the financial sector that have more opportunity. Is a quality company - just hasn't investigated lately. Historically a high multiple. 

Very good business - one of top holdings. One of the best financial companies in Canada. Consistent return on capital. Trades at single digit multiple. Safe dividend that is healthy. Recent CEO change a surprise - but not a concern (will continue to own shares). Has been adding new business lines to the company which will generate more profits. 

Excellent company that has great prospects. Very high margins (~55% gross margins). Rapidly growing power division with natural gas powered generators. Ability to grow revenue and profits looks excellent. Might be a takeout target - but stock is cheap until then. 

Does not own shares right now. Valuation remains low compared to peers. Not expecting growth - but is a good company. Healthcare space good with aging demographics.