I have a friend who invested heavily in Golden Leaf Holdings and he is now wondering what to do with his gains. What are your thoughts on the company and how does it shape up for them in the future. And what the heck is the Exchange CNSX?
I have not yet finished my homework on Quarterhill, but I need your advice.
In the past nine months Quarterhill has invested US$67,415,000 in the acquisition of three companies (Viziya, IED and iCOMs), I believe these acquisitions were financed by cash on the balance sheet. In the June quarter, revenues were US $12,842,000, in the September quarter revenues were US $72,158,000. Net income was US $26,211,000, plus a onetime charge of US $15,190,000. They have US $40,000,000 in cash. Can Quarterhill repeat these numbers over the next quarters ? If they do, then their annual revenues will be US $280,000,000 and net income will be in the US $100,000,000 range and cash on the balance sheet will be north of $100,000,000.
Current US stock price is $1.73 ($1.73 multiplied by 124,767,000 stocks) and the market capitalization is US $216,000,000. If I deduct the projected cash on the balance sheet for the next twelve months, the enterprise market cap is US $ 116,000,000. These are very good numbers and this is a cheap company. I feel as if I'm my missing something in my analysis? Why is the company so cheap ? Will the new acquisition remove the lumpiness in revenue from quarter to quarter ?
Merci
Q: Hi Peter, wondering of your thoughts on this company (IP-T) or too small to assess?
http://www.stockhouse.com/companies/bullboard/c.ip/imagination-park-entertainment-inc?postid=27032196
Thanks!
Q: Does power metals corp. have a worthwhile deposit in its spodumene lithium area in Ontario. It is stated that spodumene mining results in a purer lithium extraction that is necessary for the small lithium batteries in smartphones and all small appliances. Is this a worthwhile speculation at this time.
Q: I notice sadly that Jean Lamarre Chairman of DBO passes away at age 63. A young age. Does Company have the depth in management to lead this company now that Mr. Lamarre has passed away.
When does company report its next Quarter and what are your thoughts of buying more shares. I have a half position. RAK.
Q: I purchased REAL on the IPO. I'm down 32% since then. Would you recommend purchasing more to average down my cost base or sell that holding? What is the future outlook for Real is my question.
Thank you for the great service. I just renewed for another 2 years. In regards to Photon Control, would this be a good time to take profits and buy back in at another time?
Q: Can we have your view on this company for a 1-2% weighting in the speculatively portion of a diversified portfolio?
Also would it better in a TFSA or a RIF account?
Q: I saw this name in your tax loss selling list, with expected revenue growth of 103%. Can you please give your analysis..This appears to be a penny stock.
Thanks
Q: RE: Peter Lynchs' general positivity about spin offs.
Opinion about the new spin off Viemed from PHM. Do you know if any of the old management from PHM will be involved with the new company or will it be fresh people from outside rather then some reshuffling of the old mismanaging guard?
Do know how the arrangement will work wrt shares. I don't own any PHM at the moment. Would there be any benefit of purchasing any before the split?
Thanks