The next stock on my list is Glentel Inc. This is another telecom company, with a strong retail presence. The company sells phones and cell phones through T Booth, Wireless etc and Wireless Wave stores, positioned in retail malls. It has another business line, designing and commissioning wireless networks for business customers. However, the main sales are from the retail business line.
The financials of the company are:
Y.E 2009:
Sales: $308.093 mm
Net Profit: $ 15.952 mm
Shares outstanding:
EPS: $ 1.45
Dividends: $ 0.39
What I like about this company:
1. Stable profits
2. Strong balance sheet
3. Cash balance of $32mm
4. P/E just over 10 times trailing earnings
5. Dividend yield of 2.6%
The one concern that I have is that I can't see any catalyst to price growth. This looks like a retail stock in the telecom industry rather than a technology play.
Till the company comes up with a growth catalyst or the price corrects to around $10.00, I will not bother with buying this.
Showing posts with label Canadian small caps. Show all posts
Showing posts with label Canadian small caps. Show all posts
Thursday, March 25, 2010
Tuesday, March 23, 2010
Screen resutls March 21st
The screen has thrown up the following results:
Symbol Company Name
AAH Aastra Technologies Limited
GIB.A CGI Group Inc.
GLN Glentel Inc.
IMN Inmet Mining Corporation
MSD Mosaid Technologies Inc.
OGD Orbit Garant Drilling Inc.
TCK.A Teck Resources Limited
VNP 5N Plus Inc.
CS Capstone Mining Corp.
CLS Celestica Inc.
GVC Glacier Media Inc.
MGA Mega Uranium Ltd.
OGC OceanaGold Corporation
ORV Orvana Minerals Corp.
SCP Sprott Resource Corp.
WDO Wesdome Gold Mines Ltd.
WTN Western Coal Corp.
Out of these, I plan to follow the following stocks:
Symbol Company Name
AAH Aastra Technologies Limited
GIB.A CGI Group Inc.
GLN Glentel Inc.
IMN Inmet Mining Corporation
MSD Mosaid Technologies Inc.
OGD Orbit Garant Drilling Inc.
TCK.A Teck Resources Limited
I will rely on published financial statements and some external research to start me off on this journey and will reduce my reliance on the external research as I get familiar with these stocks. I will also be analyzing the charts to identify possible entry and exit points.
Regards.
Symbol Company Name
AAH Aastra Technologies Limited
GIB.A CGI Group Inc.
GLN Glentel Inc.
IMN Inmet Mining Corporation
MSD Mosaid Technologies Inc.
OGD Orbit Garant Drilling Inc.
TCK.A Teck Resources Limited
VNP 5N Plus Inc.
CS Capstone Mining Corp.
CLS Celestica Inc.
GVC Glacier Media Inc.
MGA Mega Uranium Ltd.
OGC OceanaGold Corporation
ORV Orvana Minerals Corp.
SCP Sprott Resource Corp.
WDO Wesdome Gold Mines Ltd.
WTN Western Coal Corp.
Out of these, I plan to follow the following stocks:
Symbol Company Name
AAH Aastra Technologies Limited
GIB.A CGI Group Inc.
GLN Glentel Inc.
IMN Inmet Mining Corporation
MSD Mosaid Technologies Inc.
OGD Orbit Garant Drilling Inc.
TCK.A Teck Resources Limited
I will rely on published financial statements and some external research to start me off on this journey and will reduce my reliance on the external research as I get familiar with these stocks. I will also be analyzing the charts to identify possible entry and exit points.
Regards.
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