posted March 24, 2022 06:07 pm by Torontojay
(496)
I've calculated an earnings yield of 13.29% and dividend yield of 4.1%. Trading close to book value. Too cheap to ignore.
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posted December 10, 2021 05:20 pm by Betteryear2
(3281)
Calgary, Alberta--(Newsfile Corp. - December 10, 2021) - Circa Enterprises Inc. (TSXV: CTO) (the "Company" or "Circa"), a manufacturer of equipment for the telecommunication
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posted May 09, 2021 09:12 am by Torontojay
(496)
Good update. This is a sleeper stock and should probably be worth 1.5-2 times its current valuation. A great portfolio addition with relatively low risk but strong upside.
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posted May 06, 2021 04:19 pm by Lawyerup
(38)
Pretty good financials in the midst of Covid. Solid sales increase, pretty easy to see the growth going forward. We should see $1.25 soon. Be nice if we get another bonus with a
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posted April 26, 2021 11:06 am by mrmoribund
(305)
Cost $3.3 million. Just over 10x the cost of Teletics, bought in August 2020. So this is definitely material. Will be interesting to see what Circa can do with Westronic in the high-potential (but
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posted April 22, 2021 05:38 pm by mrmoribund
(305)
Yes, we were off in our guesses. But it's actually kind of odd that there was a long trading halt just for the purchase of a private company. Debatable if it's even material. The fact of the
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posted April 22, 2021 02:05 pm by Farmer9
(15)
I guess we were off on our guesses. I'm surprised the company wants to acquire another company. Maybe a bigger company is more attractive for a takeover.
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posted April 22, 2021 01:42 pm by mrmoribund
(305)
Probably good news. Looks like Westronics products are a little on the old side. On the data sheet for each of the first three (WS3500, WS1800, WS400) you can see printed the year 2014--though maybe
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posted April 22, 2021 01:18 pm by Lawyerup
(38)
Calgary, Alberta--(Newsfile Corp. - April 22, 2021) - Circa Enterprises Inc. (TSXV: CTO) ("Circa" or "the Company"), a manufacturer of equipment for the telecommunication
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posted April 22, 2021 12:31 pm by Lawyerup
(38)
Thanks moribund, time will tell. Yeah if CTO was acquiring another company we probably would have heard shortly after the halt same if it was going private. Let's keep our fingers
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posted April 22, 2021 12:15 pm by mrmoribund
(305)
Lawyerup - I suspect you're right on this. If it were a going private deal I don't see why they should need a trading halt. Best guess they were approached last night. Board is meeting and
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posted April 22, 2021 11:52 am by Lawyerup
(38)
Just a guess here but I think it could either be another acquisition or CTO will be taken over by a bigger company most likely a US company. Wouldn't surprise me if takeover offer to
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posted April 22, 2021 10:46 am by Farmer9
(15)
My guess is the company is going private. Probably at around $1.50/share.
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posted April 22, 2021 10:37 am by mrmoribund
(305)
Interesting. Given the quality of Circa (and the people there) you have to think it's far more likely to be good news than bad.
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posted April 01, 2021 09:13 pm by Torontojay
(496)
As a reminder, the special dividend has already been paid but there is always a chance for another 6% return on a special dividend next year. The combination of dividend and capital appreciation makes
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posted April 01, 2021 08:19 pm by Torontojay
(496)
The earning yield is currently at 15.7% which is good enough for me. If they can invest their capital above their cost of equity, then I should receive over 15% on my money going forward. Plus, we
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posted March 31, 2021 11:57 am by Lawyerup
(38)
Thanks Jay, yup that's why I am here solid fundementals, excellent sector. On top of that we got a nice special dividend today. CTO is unbelievably cheap. People seemed to be
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posted March 30, 2021 08:19 pm by Torontojay
(496)
Working capital as of Dec 31, 2020 is $8,363 million compared to a market cap of ~ $10.3 million. In addition free cash flow comes in at $2,937 million without any debt. i can't believe it
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