Canadian Technology Stocks
Do Canadian tech investors like to swing for the fences as much as our neighbours to the south, or are we satisfied with just hitting singles? In a recent study, The Impact Group’s Jeffrey Crelinsten (along with co-author and Gennum (TSX:GND) founder H. Douglas Barber) found a Canadian “culture of commerce” may be leaving us unprepared for tomorrow’s global economy. DVC’s Nick Waddell interviews Crelinsten.
DVC client Serenic (TSXV) just reported results for their Q2 2010. The Company increased its revenue by 23% while earning .03 cents per share. It was The Company’s fourth consecutive quarter of year over year growth. We update our “Quant Snapshot” to include these numbers.
It’s been a year of sweet relief for many Canadian tech investors. While mining and metals continue to grab the vast majority of headlines here, the odd technology story has managed to sneak onto the front pages. While Telecom legend Terry Matthews made the list twice, he couldn’t quite capture the #1 spot. See who did and why.
You’ve seen it dozens of time this year, the “Normal Course Issuer Bid” press release. When management decides their share price is so devalued that the best use of company cash is to buy its own stock, should you be buying too? Caseridge Capital’s Adam Adamou looks at the performance of these companies this year.
Vancouver based Intrinsyc Software (TSX:ICS), which makes software for mobile handsets, was the first company ever profiled by The DVC Smalltech Letter, on Sept. 26/08. We re-examine their numbers in an updated Quant Snapshot.
Vancouver’s Versatile Systems was one of the first companies profiled by The DVC Smalltech Letter, on October 14, 2008. We check back with The Company and update the Quant Snapshot.
Based in Edmonton and Lakewood, CO. Serenic (TSXV:SER) makes software that helps non-profits, international NGO’s and the public sector become more efficient, accountable and transparent. We take a look at the numbers to see if Serenic might deliver a profit for investors.
Amid all the talk of “peak oil” no one ever seems to talk about “peak gas”. That’s because new technologies have recently uncovered vast new reserves. Kurt Sorschak, President and CEO of Xebec Adsorption (TSX:XBC)believes that natural gas as a “greener” transportation fuel is a logical next step. Xebec’s (which recently merged with QuestAir Technologies)adsorption technology is used to remove impurities from natural gas, hydrogen and other gases. We sat down with Kurt Sorschak for “5 Questions” from our readers.
October did what October usually does to the markets this past week, taking the TSX down by a little more than 2%. Despite this, the DVC Smalltech Letter continued to gain, adding another 2.5% to bring the overall performance of our profiled companies to +33.9%. The TSX is now down 9.6% over the same period.
