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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: RenoWorks (RW-TSXV) develops and distributes digital visualization software for the renovation and new home construction industry - clients can visualize and evaluate various alternatives (e.g. colours, textures, materiels etc.) making it a lot easier to 'close the deal'. They claim that the digital visualization software imaging industry is currently in its infancy with few independent participants who match the breadth of their offerings. Insiders own ~ 50%.

Their year-end (and Q4) report on Friday showed significant progress - Q4 revenue was up 67% yoy with recurring revenue representing 56%. Though still in a net loss situation, they were Adjusted EBITDA positive for Q3 and Q4, as well as for 2016 overall.

Would appreciate your always well-measured take on this microcap.

Thanks
Read Answer Asked by Richard on April 10, 2017
Q: We have zero exposure to this space, could you rank these stocks for us please as I would like to pick up two or three names. Any others to consider?
Thanks,
Ted
Read Answer Asked by Ted on April 04, 2017
Q: Hi Peter,
I have accumulated a large position in Helio Resource at 2.50 cents average cost. Brad Mills (CE Mining) has been "keeping the lights on" by exercising his warrants at 5 cents even though HRC bid at 2.5 cents at the time!! I've spoken to HRC management about my concern of a share consolidation (and subsequent drop in HRC share price). They assure me that any share consolidation would be part of a "transaction" and won't hurt the share price. Any idea what they mean by that ???
Neighbour Shanta Gold is performing really well under its new CEO and they would be an obvious candidate for a "transaction" with HRC. Also... Amy Freedman of Kingsdale here in Toronto become a Director of Mandalay in May 2016. This makes me think MND is thinking of a "transaction" sometime in the future. Comments?? Thanks, Ralph.
BTW, Amy Freedman bought 20,000 shares of MND at $0.59 on March 31/17.
Read Answer Asked by Ralph on April 04, 2017