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Peyto Exploration & Development Corp. (PEY)
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Exchange Income Corporation (EIF)
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Lumine Group Inc. (LMN)
Q: Took a small position in these 3 stocks this week. Your thoughts on lmn quarter results this week and longer time holding in all of the above. Cheers
5i Research Answer:
We would be fine buying any of these for a decent holding period. LMN only has two analysts, and with its acquisition strategy earnings predictions are always tricky. $178M in revenue and 16c in EPS are the estimates. The CEO has returned from his absence, and we think the outlook will be better than the past, though it does not really provide guidance.