Insiders buying ahead of Hemisphere GPS AGM

After a shakeup that saw Steven Koles out and Rick Heiniger in as boss, insiders are now feeling confident about the prospects of Hemisphere GPS, which plans to change its name to AgJunction at its annual shareholders meeting Wednesday.

A new name, a new plan, and now, a vote of confidence in the form of insider buying. After a shakeup that saw Steven Koles out and Rick Heiniger in as boss, insiders are now feeling confident about the prospects of Hemisphere GPS (TSX:HEM), which plans to change its name to AgJunction at its annual [...]

Hemisphere GPS is still undervalued, says PI’s Sangha

PI analyst Pardeep Sangha says he believes Hemisphere GPS is undervalued. He says he expects the company's growth will be driven by continued high commodity prices, high farmer incomes and Outback MAX sales.

Yesterday, Hemisphere GPS (TSX:HEM) reported its Q4 and fiscal 2012 results. The company’s fiscal 2012 loss of $34.59-million probably didn’t come as a surprise to shareholders, who were made aware of a corporate restructuring in September that means a name change, new CEO and a new head office, amongst other initiatives. New CEO Rick Heiniger [...]

Management shakeup at Hemisphere GPS

The worst US drought in a half-century drove Hemisphere GPS's sales to that country down 14% in its most recent quarter.

The worst US drought in a half-century has destroyed 45% of the corn and 35% of the soya bean crop, driven shipments of grain to multi-year lows, and is likely to cause record breaking food inflation. Today, curiously, it may have cost one Canadian exec his job. Hemisphere GPS (TSX:HEM) today announced that its board [...]

Insider buying at Hemisphere GPS

The US drought pulled Hemisphere GPS sales down 14% in its recently reported quarter, but management is betting on a recovery.

Earlier this month, Calgary’s Hemisphere GPS (TSX:HEM) reported Q2, 2012 numbers that reflected problems beyond the scope of its own control. The company’s revenue of $19.6-million was a 3% decrease from revenues of $20.1-million it reported in the same period last year. A closer look revealed the culprit was the massive drought in the United [...]

Hemisphere GPS well positioned for growth, says CEO Koles

Steven Koles, the CEO of Hemisphere GPS was in Vancouver Thursday to address attendees of the Pender Small Cap Investment Conference, where he talked about a future in which farming will be done "by the foot, not by the field.

As long term trends go, Calgary’s Hemisphere GPS (TSX:HEM) might be addressing one with unparalleled staying power. The global demand for food is always rising, yet because of development and climate change, the amount of farmland is disappearing. According to Environment Science and Policy, Africa alone could lose 247 million acres of farmland by 2050 [...]

Pender’s David Barr says there is value in small Canadian tech stocks

PenderFund Capital Management's David Barr says a heightened M&A environment is another reason to like long-ignored Canadian tech.

There’s value in small cap Canadian tech, says Pender Group fund manager David Barr. Barr appeared on BNN’s Business Day with hosts Frances Horodelski and Marty Cej recently to talk about some of the stocks that have provided the lift for the outstanding performance of the Pender Small Cap Opportunities Fund which, as of March [...]

Alberta’s 10 Most Interesting Technology Stocks

Dinosaurs? Not quite. Research developed on the oncolytic potential of reovirus made here during the 1990's was the basis for current biotech high-flyer Oncolytics Biotech.

OK, we’re not talking Silicon Valley, here. But the idea that Alberta is all oil sands, grass fed beef and hard back checking left-wingers isn’t the whole truth, either. Like most Canadian provinces, Alberta’s technology is a mix of sub-sectors, but there’s a vein of the hardscrabble prairie life running through many of its tech [...]

Is Hemisphere GPS ready to Bounce Back?

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The performance of most TSX stocks hasn’t been great of late, but shareholders of Hemisphere GPS (TSX:HEM) have been hit particularly hard. Shares of the Calgary based maker of next-generation GPS hit a high of $1.51 on February 4th, but bottomed out at $.64 cents on October 4th. What may have shareholders scratching their heads [...]

5 Questions with Steven Koles of Hemisphere GPS (TSX:HEM)

Koles: "Precision agriculture is becoming more important in addressing global food shortage issues."

Calgary’s Hemisphere GPS (TSX:HEM) is taking GPS to the next level. That level is the business world, where Hemisphere products help excavators, hydrographic surveyers, even snow grooming operators become more efficient. But it’s in agriculture where the company is seeing the greatest impact. Sales of Hemisphere GPS’s agriculture segment are making gains in South America, [...]

10 Canadian Tech Stocks to Watch in 2011

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In January, we looked back at the Canadian tech stocks that had an exceptional 2010, capped off by the selection of Glentel as Canadian Tech Stock of the Year and Mark Therier of SXC Health as Canadian Tech Stock exec of the Year. This month we look forward. No we don’t have a crystal ball, [...]