Topic: How To Invest

Great to be back as a portfolio management client, and many thanks for taking me back. I must have had a mental collapse to have moved to another service temporarily. It was with a friend, but did not give me what I wanted. I much prefer having my investments managed by you with your approach, and will be recommending it strongly to friends this summer when they get back to Canada from their usual Caribbean winter on their boat. (They are currently in bank mutual funds. I am sure you will do better by far.) What is your view on Miranda Technologies? It has made some large leaps over the last few months and apparently may be subject to takeover bids.

Article Excerpt

Miranda Technologies, $12.02, symbol MT on Toronto (Shares outstanding: 21.8 million; Market cap: $262.0 million; www.miranda.com), sells equipment that helps broadcasters deliver more channels (including those that broadcast in high definition), insert advertising and graphics, and produce news. Miranda has a manufacturing plant in Montreal, as well as regional offices in the U.S., the U.K., the Netherlands, France, Hong Kong, Japan, the United Arab Emirates and China. The stock took a big jump on March 21, 2012, after the company said that it is making a change to its board of directors and will consider putting itself up for sale. At the time, Miranda reported that it had already attracted interest from a number of potential buyers. That’s partly because the company is helping convert TV stations to high-definition signals in emerging markets. It is also gaining prominence due to its role as the equipment supplier for NBC’s coverage of the Summer Olympics in London. As well, Miranda has accepted activist shareholder JEC Capital…