Today, Robert McWhirter commented about whether STC-T, SLF-T, KL-T, ITP-T, WSP-T, QSR-T, CJT-T, GRN-T, ACU-X, ACST-X, BDT-T, PYR-T, URL-X, XBC-T, CVX-X, TRZ-T, TD-T, UGE-X are stocks to buy or sell.
It's currently in the midst of a potential merger with Air Canada. COVID has also decreased air travel significantly. Current cash positions will help the company weather the crisis. However, they will probably burn through their cash by the end of this year. There is also competition from private companies who can undersell them by up to 40%.
The krill oil lipid trial did not work as expected. The overall portfolio is quite attractive. Over the coming year, there may be opportunities. However, there are other opportunities in other companies like ATE, which he owns.
A competitor to Xebec. They are expected to break even in 2021. He prefers Xebec. Both are bidding on books worth 1B.
(A Top Pick Sep 30/19, Up 88%) The increased volume from e-commerce has been significant. Air Canada flying less also offers further opportunities for Cargojet. To deliver vaccines to other countries also will increase demand. There is further upside for the company.