Pivot Technology’s dividend is likely secure, says Cantor Fitzgerald Canada

pivot

Pivot Technology Solutions’s (TSXV:PTG) Q1, 2015 guidance was weaker than expected but the company’s dividend is probably secure, says Cantor Fitzerald Canada analyst Ralph Garcea. On Friday, Pivot Technology reported its fourth quarter and fiscal 2014 results. In the fourth quarter, the company posted adjusted EBITDA of $11.0-million on revenue of $377.5-million, a topline that […]

Symbility Solutions Innovation Group acquisition will help it scale, says Cormark

Automated Benefit's Symbility division has had recent high-profile wins, adding the Chubb Insurance Canada and the property division of Farmer's Insurance as customers.

Symbility Solutions’ (TSXV:SY) acquisition of customer contracts from The Innovation Group will put the company in a better position to scale its business, says Cormark analyst Richard Tse. In a research update to clients today, Tse reinstated coverage of Symbility following a bought deal offering of $5.1-million that Cormark particpated in. The raise helped to […]

Making Sense of Canada’s Financial Technology Sector

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Few sectors are as confusing as financial technology. Between Apple Pay, Stripe, Square, PayPal, Bitcoin and a thousand companies you have never heard of promising to “disrupt” the way we use money to procure goods, it’s not surprising that many investors choose to simply pass on the space. But publicly traded merchant bank Difference Capital […]

Amaya has clear path to $2 billion in revenue by 2017, says Cantor

Amaya Gaming CEO David Baazov. Cantor Fitzgerald Canada analyst Justin Kew says a soft Q4 and a lack of guidance will bring short term uncertainty to the company's stock, but long term catalysts remain.

By cross-selling Casino, Sportsbook and Fantasy Sports into its PokerStars user base, Amaya (TSX:AYA) has a clear path to two-billion dollars in revenue by 2017, says Cantor Fitzgerald Canada analyst Ralph Garcea. In a research update to clients today, Garcea maintained his “Buy” rating and one-year price target of $50.00 on Amaya, implying a return […]

Belle Gibson’s Fake Cancer Admission the Latest Blow to Homeopathic Quackery

BelleGibson

In a mea culpa to be published in Australian Women’s Weekly tomorrow, foodie “wellness” blogger and terminal brain cancer survivor Belle Gibson admits that she made the whole thing up, in an article pungently titled “The Girl Who Conned Us All”. Asked directly if she had ever had cancer, a narrative gobbled up by a […]

2015 holds a lot of promise for QHR, says Haywood

Outgoing QHR CEO Al Hildebrandt shows off his Cantech Letter award for 2013 TSXV Tech Executive of the Year.

Despite a fourth quarter that saw softer than expected margins, 2015 is still shaping up nicely for QHR (TSXV:QHR), says Haywood analyst Massimo Voci. This morning, QHR reported its fourth quarter and fiscal 014 results. For the fourth quarter, QHR posted an EBITDA loss of $900,000 on revenue of $7.5-million, a topline that was up […]

Watchdox will help speed BlackBerry’s pivot to software, says Cormark

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The acquisition of Palo Alto-based Watchdox will help BlackBerry (TSX:BB) in its shift away from its hardware business, says Cormark analyst Richard Tse. This morning, BlackBerry announced it had acquired cloud based enterprise file sharing company Watchdox for a reported $70-million. The Waterloo-based company said the deal would complement BlackBerry’s Enterprise Mobility Management (EMM) portfolio, […]