mdf commerce Ord Shs MECVF

Surprised

[retiredcf]

I realize that the smallcaps and tech sector have taken a beating in the last couple of months, but I'm surprised that MDF remains 20% below its recent financing level. GLTA

[sunsurfer11]

Agreed...think this is going to be the show me quarterly report that mdf needs to shine on if were going to go to new highs..if revenues dont jump materially market will question value of aldi etc

[CandyC]

Would you know when they report? Thanks 

[retiredcf]

They reported Q3 on 10 Feb so one might expect their Q4 and YE report somewhere around mid May. GLTA

[ferret_ca]

I suspect this might be a top pick by Takacsy's top picks on bnn on wednesday, that should give it a bit of a boost.  I've been nibbling away at these low prices, pretty much have a full position now, I had mdf on my watchlist for a long time and finally bought in recently. cheers and gl ferret

[CandyC]

I would think that is why it's up 5% today with Takacsy on this week. He's been a pumper of MDF in the past. Regardless I'm a long time holder and will continue to be 

[AlwaysLong683]

Here's a summay of Takacsy's comments on MDF last time (March 22) according to stockchase's website: They offer e-commerce services for big, complex companies like Sobeys and IGA (vs. Shopify which serves small businesses). They just scored a huge deal with Aldi. MDF also enables suppliers to bid on government contracts. They do a lot of M&A in this segment

[ferret_ca]

It sure doesn't take much volume to move mdf up, just not many willing to sell down at these levels. it won't take much good news to get it back to $15 or higher imho. cheers ferret

[AlwaysLong683]

retired, I believe MDF is indeed undervalued by the market, and yes, a number of small cap tech stocks have taken a hit recently, but I consider MDF to be superior given MDF's current share price. I really like the MDF CEO, and MDF has entered into a number of service agreements over the past year or so, including a big one with Aldi, so I expect recurring revenue to grow from quarter to