Two resource-services firms with gains ahead

Demand for Major Drilling’s specialized services, especially from senior gold producers, including Australia’s largest mining companies, is recovering. Meanwhile, Computer Modelling is benefiting from expanding oil and gas drilling in response to higher energy prices. We think there are still gains ahead for both stocks… Read More

Computer Modelling set to rebound

COMPUTER MODELLING GROUP, $4.40, is still a buy. The company (Toronto symbol CMG; TSINetwork Rating: Extra Risk) (www.cmgl.ca; Shares o/s 80.3 million; Market cap: $353.5 million; Dividend yield: 4.6%) reports that in the three months ended September 30, 2021, its revenue fell 10.7%, to $15.9 million from $17.9… Read More

Computer Modelling set to rebound

COMPUTER MODELLING GROUP, $6.33, is still a buy. The company (Toronto symbol CMG; TSINetwork Rating: Extra Risk) (www.cmgl.ca; Shares o/s: 80.3 million; Market cap: $517.0 million; Dividend yield: 3.2%) reports that in the three months ended December 31, 2020, its revenue fell 16.8%, to $16.0 million from $19.3… Read More