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CALIAN TECHNOLOGIES $12.70 (Toronto symbol CTY; SI Rating: Speculative) (613-599-8600; www.calian.com; Shares outstanding: 7.8 million; Market cap: $99.1 million) operates in two areas: The business and technology services (BTS) division provides engineering, health care and other skilled professional personnel to clients on a contract basis, and generates 64% of Calian’s revenues. The systems engineering division (SED) offers a range of …read more »
DUNDEE REIT $13.88 (Toronto symbol D.UN; SI Rating: Speculative) (416-365-3535; www.dundeereit.com; Shares outstanding: 16.9 million; Market cap: $235.2 million) owns and operates seven million square feet of office, industrial and retail space, including 43 office buildings and 36 industrial properties. GE Real Estate holds a 14.3% voting interest in Dundee, and Dundee Corp. holds 16%.
Revenues were $50.4 million in …read more »
When making investment decisions, chart reading seems much simpler than delving into and weighing the fundamentals. It appears to be a winning combo of moneymaker and time saver.
Some successful investors find it helps to know a little about charts. But if you rely on charts at all, you should look on them as just one of many things to consider …read more »
BROADRIDGE FINANCIAL SOLUTIONS $16.27 (New York symbol BR: SI Rating: Extra Risk) (201-714-3000; www.broadridge.com; Shares outstanding: 140.4 million; Market cap: $2.3 billion) serves the investment industry in three main ways: investor communications; securities processing; and transaction clearing, trade settlements and other back-office operations. Broadridge’s clients include 250 banks, 500 mutual fund families and 5,000 publicly listed companies.
Broadridge’s shares have dropped …read more »
IMPERIAL OIL LTD. $39 (Toronto symbol IMO) plans to increase capital spending by 60% in 2009. Most of the extra spending is for its proposed Kearl Lake oil-sands project in northern Alberta. Imperial owns 70% of Kearl, while parent company ExxonMobil Corp. owns the rest. Kearl’s reserves should last 40 years, and moving ahead with it makes sense for Imperial …read more »
CANADIAN NATIONAL RAILWAY CO. $44 (Toronto symbol CNR; Conservative Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 464.9 million; Market cap: $20.5 billion; Price-to-sales ratio: 2.5; SI Rating: Above Average) operates the largest freight-rail network in Canada, and serves 16 U.S. states. It hauls consumer and industrial goods, which accounted for 21% of its 2008 revenue, forest products (19%), grain …read more »
GENNUM CORP. $4.40 (Toronto symbol GND; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 35.6 million; Market cap: $156.6 million; Price-to-sales ratio: 1.0; SI Rating: Above Average) makes equipment that stores, manipulates and transfers video signals. Foreign markets account for 85% of its total sales.
Gennum spends nearly 30% of its revenue on research, which helps it maintain its high …read more »
The Canadian dollar will likely remain low relative to most major currencies for the next year or so. This is good news for CAE and Gennum, which get a high proportion their sales from the U.S. and overseas markets. (A low Canadian dollar enhances the contribution of international sales.) Their high research spending also makes them look less profitable than …read more »
TORSTAR CORP. $7.80 (Toronto symbol TS.B; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 78.9 million; Market cap: $615.4 million; Price-to-sales ratio: 0.4; SI Rating: Above Average) owns Transit Television Network, which operates electronic advertising message boards in the transit systems of several U.S. cities. Due to falling ad spending, Transit TV has filed for bankruptcy protection. This will cost Torstar …read more »
MAPLE LEAF FOODS INC. $10 (Toronto symbol MFI; Conservative Growth Portfolio, Consumer sector; Shares outstanding: 107 million; Market cap: $1.1 billion; Price-to-sales ratio: 0.2; SI Rating: Average) has finalized the details of several class-action lawsuits it faces related to an outbreak of listeriosis at its Toronto meat-processing plant in August 2008.
Maple Leaf will pay a total of $25 million, and …read more »
