Pengrowth loses a listing

PENGROWTH ENERGY $0.97 (Toronto symbol PGF; Shares outstanding: 547.4 million; Market cap: $539.4 million; TSINetwork Rating: Speculative; No dividends paid; www.pengrowth.com) produces oil and natural gas, mostly in Western Canada. This includes its Lindbergh oil sands project in the Cold Lake area of Alberta.
In addition to their… Read More

Penny Stocks: Distinct Infrastructure Group doubles it profit

Penny Stocks: Distinct Infrastructure Group doubles it profit

The telecommunications cabling company has seen profit double and its share price climb on strong revenue.
DISTINCT INFRASTRUCTURE GROUP (symbol DUG on the TSX Venture Exchange; www.diginc.ca) provides design, engineering, construction and maintenance services to the telecommunications, infrastructure and utilities industries. It operates in Ontario, Alberta… Read More

Q: Pat: Can I have your opinion on two TSX Venture Exchange stocks: Ceapro Inc. and Distinct Infrastructure Group? Should I be worried that they trade on that junior exchange and not the TSX?

A: The TSX Venture Exchange is designed for junior companies that don’t meet the requirements for listing on the TSX. The Venture Exchange has lower minimum listing requirements. They vary based on a company’s industry, stage of development, financial performance and… Read More

BOMBARDIER INC. BBD.A $1.52 and BBD.B $1.43

BOMBARDIER INC. (Toronto symbols BBD.A $1.52 and BBD.B $1.43; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares outstanding: 1.7 billion; Market cap: $2.3 billion; Priceto- sales ratio: 0.2; Dividend suspended in February 2015; TSINetwork Rating: Speculative; www.bombardier.com) is the world’s third-largest maker of commercial aircraft,… Read More

Continue to hold these former champions

Bombardier and BlackBerry (see box) continue to struggle with strong competition and shrinking sales. However, both are developing new products that should spur growth. As well, their sizable cash holdings help cut their short-term risk.

BOMBARDIER INC. (Toronto symbols BBD.A $1.52 and BBD.B $1.43; Aggressive Growth… Read More

The Successful Investor Hotline – Friday, February 19, 2016

CANADIAN TIRE CORP., $129.83, Toronto symbol CTC.A, saw weaker sales in the latest quarter, as warmer-than-usual weather hurt demand for winter goods such as snow shovels and tires. Lower gasoline prices also dampened revenue at its gas stations. The company’s overall sales fell 7.5%, to… Read More

Hi Pat: I wonder if you could give your readers a little bit of "plain speak" on the new deal with Denison Mines and Energy Fuels Inc. It sounds like a convoluted mess, or maybe it's just a bad press release that doesn't explain things very well. In short, is this a good, bad or ugly thing for Denison Mine stock holders? Thanks much. Your advice is always heeded!

Energy Fuels Inc., $0.24, symbol EFR on Toronto (Shares outstanding: 214.3 million; Market cap: $51.4 million; www.energyfuels.com), is buying the U.S. assets of Denison Mines Corp., $1.44, symbol DML on Toronto (Shares outstanding: 384.7 million; Market cap: $554.0 million; www.denisonmines.com), for $106 million in Energy… Read More