Looks like I missed the boat from delaying looking at two companies suggested by a commenter on a post about Waterfurnace Renewable Energy's (TSX: WFI). "Anonymous", also a WFI shareholder, had asked whether I had looked at Computer Modelling Group (TSX: CMG) and 5N Plus (TSX: VNP). Prices of both companies are up considerably since that post. 5N has just announced an acquisition per this GlobeInvestor article, boosting its price 17% in a couple of days, which brings it to c. plus 50% since my post! CMG is up over 40% since October! Got any more stock analysis suggestions, Anon?
WFI has its conference call March 15 and full year results release March 14, which I will be reviewing. The company has already authorized and paid the quarterly dividend at the same rate as the previous one. I'm not expecting much sales or profit rises given the continuing bad state of the US housing market. The rise in energy prices is making the value proposition of its product - geothermal heating - increasingly attractive, however.
Wednesday, 2 March 2011
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