Ross HealyWas laughing when someone asked Ross Healy for his comments on KXS yesterday (the caller must have had a short position). Aside from moving into precious metal stocks, he's old and very conservative and normally only selects the big boys (eg. Amazon, RBC, MFC, SU, CNQ). I have posted his comments but to illustrate my point, I've also added his previous comments on SHOP before it rose eightfold. Every time he came on, he would say sell. GLTA
DON'T BUY
Kinaxis Inc (KXS-T)
November 18, 2020
A falling knife. Earnings forecast scheduled to fall year over year. Price to book is 9x, intrinsic value is 80% below current price. Technical failure at $185 down to $143. ROE is only 8.7%.
Ross Healy
Price
$166.960
Owned
Unknown
DON'T BUY
Shopify Inc. (SHOP-T)
January 3, 2019
Walking upstairs. Its balance sheet is like up-flat-up flat. He sees a gap between its fair market value and its stock price (87% in his opinion).
Ross Healy
Price
$174.910
Owned
Unknown