Toronto’s Scalar Decisions Inc. Acquires Mainland Information Systems

Scalar Decisions CEO Paul Kerr

Scalar Decisions Inc., headquartered in Toronto, has announced the acquisition of Mainland Information Systems, of Calgary, a process that will will be completed by the end of July, combining the two IT solutions providers into a single national entity. Founded in 2004, Scalar reported $200 million in revenue during financial year 2015. Scalar was selected […]

Undervalued VIXS Systems is suffering from a disconnect, says Paradigm


ViXS Systems (TSX:VXS) is suffering from a disconnect that is creating a huge opportunity for investors, says Paradigm Capital analyst Daniel Kim. Yesterday, ViXS reported its Q1, 2016 results. The company lost $1.76-million on revenue of $10.0-million, a topline that was up 34% over the same period last year, but down $1.3-million from the previous […]

ViXS negativity is overdone, says Cormark


The departure of a second ViXS (TSX:VXS) exec in four months a headline that is “less than ideal”, but Cormark analyst Richard Tse thinks it doesn’t reflect any incremental operating issues at the company. This morning, ViXS announced the departure of COO and interim president Hugh Chow. “Coming off four consecutive quarters of revenue growth […]

CGI Group’s pipeline of opportunities has never looked better, says Cantor

cgi group

With a large pipeline of business and margins back to where they were before the acquisition of Logica, things are looking great for CGI Group (TSX:GIB.A), says Cantor Fitzgerald Canada analyst Ralph Garcea. On Wednesday, CGI reported its Q2, 2015 results. The company earned $251.2-million on revenue of $2.6-billion. “Our focus on operational excellence continues […]

Pinetree Capital selling POET Technologies


A year ago, Pinetree Capital was an aggressive buyer of POET Technologies (TSXV:PTK). Shares of POET raced to a high of $2.54 on April 17, 2014 and Pinetree was adding to a position that had surpassed 11% of all shares outstanding. But a year later, Pinetree is selling POET in the open market at prices […]

Espial’s wins are set to accelerate, says Global Maxfin


North American cable operators facing steep customer declines will drive growth for Espial (TSX:ESP), says Global Maxfin Capital analyst Manish Grigo. In a research update to clients yesterday, Grigo initiated coverage of Espial with a “Buy” recommendation and a one year target price of $5.25 a share, implying a return of 37.4% at the time […]

Enghouse Systems continues run of international acquisitions, buys CDRator A/S

esl chart

Enghouse System’s (TSX:ESL) remarkable run has been powered by acquisitions, often international in scope and executed at what prove to be bargain basement prices. Today, the company appears to have pulled another page from that playbook. Enghouse this morning announced it has acquired Danish mobile billing provider CDRator A/S for just over one times sales. […]

BlackBerry Adds Billionaire Mathematician Jim Simons To List Of Shareholders


SEC filings published last week show that James Harris “Jim” Simons bought 3.3 million shares in BlackBerry (NASDAQ:BBRY) (TSX:BB) in December, valued at US $35.9 million, a strong vote of confidence in BlackBerry by one of the savviest stock pickers in the world. Jim Simons is a renowned mathematician, who founded the Medallion Fund in […]