VersaPay gets price target raise from Cantor Fitzgerald Canada

versapay

Versapay’s (TSXV:VPY) second quarter results are evidence that the company is on the cusp of a major opportunity, says Cantor Fitzgerald Canada analyst Justin Kew. Last Friday, VersaPay reported its Q2, 2014 results. The company lost $706,050 on revenue of $4.8-million, up 11% from the $4.4-million topline the company reported in last year’s Q2. “We […]

What John Ruffolo’s “Most Powerful” Status Means to Canada’s Tech Sector

"The idea is, keep the company private, and using a proxy of a minimum of $100 million revenue size, and then go public, and doing it right and try to really establish the steady state, to make it a very good product." OMERS Ventures CEO John Ruffolo

It may have come as a surprise for some to see OMERS Ventures CEO John Ruffolo take the Number 1 spot as Canada’s Most Powerful Business Person when Canadian Business published its “Power 50” rankings recently. After all, 2013’s Number 1 spot was occupied by President and CEO of the Canada Pension Plan Investment Board, […]

Tecsys’s leadership role in healthcare validated by new contracts, says PI

tecsys

Three new contracts validate Tecsys’s (TSX:TCS) leadership role in providing supply chain solutions in the healthcare market, says PI analyst Pardeep Sangha. Yesterday, Tecsys announced it had added three “major” health systems as customers. CFO Berty Ho-Wo-Cheong commented on the development. “The rapid rate of change health care organizations are facing has driven the adoption […]

Guestlogix contract renewal inspires confidence, says Cantor Fitzgerald Canada

Cantor Fitzgerald Canada analyst Justin Kew says yesterday's contract renewal news gives him confidence that Guestlogix can reach similar deals with United, Alaska and Ryanair, which are all due in the second half of 2014.

The renewal and expansion of an existing contract with an an unnamed Asia-Pacific based carrier is a positive sign that Guestlogix (TSX:GXI) can reach other, similar deals, says Cantor Fitzgerald Canada analyst Justin Kew. Yesterday, Guestlogix announced that a deal had been reached with said carrier to continue the use of Guestlogix’s onboard retailing technology. […]

Avante Logixx has triple-digit upside, says Paradigm Capital

Paradigm Capital analyst Spencer Churchill says the acquisition of Into-Electronics brings expertise in commercial security to Avante Logixx.

The continued reaction to soft Q1 results is overshadowing a very sensible kickoff to Avante Logixx’s (TSX:XX) M&A efforts, says Paradigm Capital analyst Spencer Churchill. In late July, Avante Logixx reported its Q1, 2015 results. The company earned $208,055 on revenue of $2,026,260, down 12.8% from the Q1, 2014′s topline. More recently, it closed the […]

VersaPay is undervalued, says Cantor Fitzgerald Canada

VersaPay CEO Craig O'Neill in Vancouver, April 2nd, 2014.

Ahead of its second quarter numbers, Cantor Fitzgerald Canada analyst Justin Kew says he remains enthusiastic about Versapay’s (TSXV:VPY) prospects. On Friday, Versapay will report its Q2, 2014 results. The company is following on a Q1 in which it lost $824,050 on revenue of $4.3-million, up 5% from the $4.1-million topline the company posted in […]

Five Canadian stocks analysts think have triple-digit upside

urthecast

The innovation sectors have carried the mail on the TSX for a couple years now. Stocks like Avigilon, Amaya Gaming, Tekmira and Dirtt Environmental Solutions seem to have replaced long forgotten mining and metals names in the imagination of Canadian investors. “Some of the world’s most exciting technology and innovation companies are being founded, built, […]

ProntoForms is a potential takeout candidate, says Paradigm analyst Leung

ProntoForms

ProntoForms’ (TSXV:PFM) increasing traction in the mobile forms market is impressive and may soon attract a new level of attention, says Paradigm Capital analyst Gabriel Leung. Last Thursday, ProntoForms reported its Q2, 2014 results. The company lost $176,677 on revenue of $1.59-million, a topline that was up 17% from the same period last year. CEO […]

Pethealth sale could mean big upside for shareholders, says Industrial Alliance

petango.com

There’s no guarantee that Pethealth (TSX:PTZ) will be successful in selling itself, but there’s reason to believe that the potential sale price could be much higher than what its shares are currently going for, says Industrial Alliance Securities analyst Fred Westra. On Tuesday, Pethealth confirmed that it is “reviewing strategic alternatives for the potential sale […]