Canadian Technology Stocks
Our “5 Questions” series continues in May with Serenic President and CEO Randy Keith. Serenic (TSXV:SER), which is based in Edmonton AB and Lakewood CO makes financial management and business operations software for nonprofits, international NGOs, and the public sector. Serenic is the only stock The DVC Smalltech Letter has profiled to date that ranks in the top third of all our valuation metrics (See Serenic “Quant Snapshot” in our May issue).
A reprint of Nick Waddell Seeking Alpha Instablog post, originally published May 4, 2009
Founded in 1990, Calgary based Hemisphere GPS (TSX:HEM) designs, manufactures and sells global positioning system (GPS) products for positioning, guidance and machine control applications in agriculture, marine and other markets.
Vancouver based company Versatile Systems sells software to help retailers manage their credit and sales processes. The Company’s Mobiquity Suite of products manages retail issues such as shelf space efficiency, order capturing and inventory tracking. The Company was founded in 1993. Versatile’s shares also trade on the London AIM exchange under the symbol VVS.
The Company’s customers include retailers such as Staples and Albertsons, manufacturers such as Tyco and Mack, transportation companies such as Fed-Ex and UPS and educators such as Harvard and Ohio State University.
THE COMPANY
Founded in 1990, Montreal based Miranda Technologies creates and sells hardware and software for the television broadcast business. The Company’s products include signal processors, routers and aspect ratio converters. Miranda employs more than 400 people worldwide. The Company’s head office is in Montreal with facilities in the UK, in France, in the US, Japan, Dubai, Hong Kong and mainland China.
C-Com Satellite (TSXV:CMI) is on a roll. The Ottawa based company, which designs and sells mobile satellite-based technology for the delivery of 2-way high-speed Internet services, grew its revenues by 23% in fiscal 2008, while reporting a record eight cents a share in earnings. The fourth quarter of 2008 was C-Com’s 19th consecutive profitable Q.
Recently, The DVC Smalltech Letter took five questions from our subscribers for CEO Leslie Klein.
The profiled companies of the DVC Smalltech Letter improved their performance again last week, moving their gains to 20.4% from last week’s 13.1% gain. Since September 26th, 2008, when we profiled our first Canadiantech company, the DVC Smalltech Letter is up an aformentioned 20.4%, while the TSX is down 15.6%
The profiled companies of the DVC Smalltech Letter improved their performance again last week, moving their gains to 13.1% from last week’s 9.9% gain, despite the fact that the TSX lost ground. Since September 26, 2008 when we made our first pick, the DVC Smalltech Letter is up an aformentioned 13.1%, while the TSX is down 21.7%.
