“Strong Buy” TECSYS gets price target raise from Industrial Alliance

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Industrial Alliance analyst Steve Li says he doesn’t see many synergies in TECSYS’ (TSX:TCS) latest acquisition, but he does see “significant” cross selling opportunities. On May 29th, TECSYS announced it had signed an agreement to buy all the shares of of Logi-D Holding, a provider of point-of-use technology for supply chain automation servicing hospitals and [...]

TECSYS is undervalued, says PI analyst Pardeep Sangha

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TECSYS’s (TSX:TCS) second straight quarter of record revenue is the quickest way to see that it is gaining traction, but scratching the surface reveals that the company is capitalizing on longer industry trends, says PI analyst Pardeep Sangha. Last Thursday, TECSYS reported its Q3, 2014 results. The company earned $467,000, or four cents per share, [...]

Canadian Tech Analysts Share their Top Picks for 2013

Descartes Systems Group CEO Art Mesher. Cantor Fitzgerald's Tom Liston and M Partners analyst Ron Shuttleworth says Descartes is their top pick for 2013.

Over the past several weeks, we have spent a lot of time looking back. 2012 was quietly the turnaround year we had hoped for in Canadian tech, the sector ended the year tops on the TSX. Of course the story of 2012, at least for the first half of the year, was the continuation of [...]

Ahead of earnings, Steve Li maintains Top Pick rating on Tecsys

Tecsys CEO Peter Brereton: "We believe that we have the best supply chain execution suite on the market today and the market is beginning to agree with us."

Tomorrow morning Tecsys (TSX:TCS) will report its Q2, 2013 results. The company is coming off Q1 results, reported September 6th, that sparked a rally in its shares. Tecsys’s revenue climbed by 28% to $11.5-million and the company’s board declared a semi-annual dividend of $0.035 per share CEO Peter Brereton, said of those results: “We believe [...]

Industrial Alliance analyst Li maintains Top Pick rating on Tecsys

The final scene from Raiders of the Lost Ark. Supply chain management has come a long way since the days of Indiana Jones.

Tecsys (TSX:TCS) last week completed a $10-million financing with the National Bank of Canada. The financing consists of a five-year $5.0-million term loan and a $5.0-million operating line of credit. Tecsys CEO Peter Brereton said the capital will be used to help fund expansion: “Over the last 18 months we have experienced a significant increase [...]

Canada’s 10 Most Interesting Software Stocks; Part 1

Canadian software has come a long way since Michael Cowpland's Corel was its dominant player.

Play the word association game with the phrase Canadian Software and some are immediately reminded of the days when Corel’s WordPerfect looked like it was going to be the Pepsi to Microsoft’s Coke. While those days have gone the way of the leg warmer (what they’re back?), Canadian software companies have more than stepped up [...]

Cantech Letter interviews Peter Brereton of TECSYS

Brereton: "We have always been preoccupied with the needs of the user; the purchasing clerk, the sales person, the receiving clerk or the picker on the warehouse floor.."

Ever since the first raw material was delivered to the first customer mankind has muddled through supply chains. The use of supply chain management systems has become a way for smaller manufacturers to gain an advantage over competitors, but has become an absolute necessity for multinationals looking to stay competitive. A window into the supply [...]

Cantech Letter adds Stock #19 to Model Portfolio

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Today we provide a long overdue update to the Cantech Letter Model Portfolio, both in content and in the way we report its performance to you. Our Model Portfolio, for those new to Cantech Letter, is a collection of Canadian technology stocks that rank exceptionally highly in our own Quant Snapshots feature. You’ve seen Quant [...]

Cantech Letter Model Portfolio up 18%

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On September 26th, 2008 Cantech Letter began profiling Canadian technology stocks in a now regular feature we call Quant Snapshots. Quant Snapshots give our readers the ability to easily compare stocks in terms of basic value metrics such as price to sales and cash to market capitalization. During that time we began to gather those [...]

The Dividend 10

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The Dividend 10: Canada’s top Dividend Paying Tech Stocks One only has to look to some of Canada’s largest tech companies to learn that the subject of tech stocks declaring a dividend, especially those loosely classified as growth stocks, is a contentious issue. At CGI Group’s (TSX:GIB.A) annual general meeting this past January the Globe [...]