Canadian Technology Stocks
BufferThe definition of insanity, Albert Einstein famously quipped, “is doing the same thing over and over again and expecting different results”. For Toronto’s Guestlogix, the idea of moving their business up the value chain seemed like a no-brainer. After all, the company has successfully delivered ancillary revenue to airlines for a decade. In actual practice, [...]
BufferWhen Deloitte released its 2011 Fast 50 List for Canadian technology companies, a ranking of the Canadian tech companies with the highest percentage revenue growth over five years, the collection underscored a sobering fact. With just fourteen of the companies public on the TSX or TSXV, most Canadian techs aren’t looking at the public markets [...]
BufferThere are many people who believe Canadian technology stocks are undervalued. Of course, as John Maynard Keynes famously quipped, markets can remain irrational longer than you can remain solvent. Still, with a massive exodus from commodities now fully underway, is it just a matter of time before money starts flowing into Canadian technology stocks, driving [...]
BufferDo you remember flying before September 11th, 2001? How about mid-way through the last decade? The changes to the airline business after 9/11 were easy to discern. Flying became a chore and people simply flew less. Globally, the airlines experienced a $22-billion revenue drop between 2000 and 2001. By 2005, airlines had begun to experiment [...]
BufferThis coming Tuesday, September 20th Cantech Letter will be reporting live from the M Partners Annual Technology and Communications Investor Conference: 2011 at the The Fairmont Royal York in downtown Toronto. The day long conference will cover spaces such as mobile broadband, electronic payment systems, Software-as-a-Service and cloud computing, and will feature executives from Canadian [...]
BufferThe trajectory of Toronto’s GuestLogix (TSX:GXI), which has grown its revenue to more than $25 million in fiscal 2010, from just over $5 million in 2007, has been much like an airliner at takeoff. In a business that can have razor thin margins, Guestlogix provides onboard store retailing technology and merchandising platform, that helps airlines [...]
Buffer 2010: The Top 20 Canadian Techs (So far) This Year 2009 was a year of recovery for the worldwide markets, and Canadian tech stocks were no exception. Led by DragonWave (TSX:DWI) which began the year as a TSX Venture stock and ended with a full big board listing and a share price in excess [...]
Toronto based GuestLogix, which recently moved to a full TSX listing from the Venture exchange, is a provider of onboard retail technology. The Company helps carriers build, manage and control onboard stores. On the strength of an ever-improving balance sheet, the stock has nearly doubled in 2010. We break down the numbers.
