RE:Bruce Campbell DetailsSalona is also Bruce's Top Holding in hi Canadian Equity Growth Fund, at 8.46% as of yesterday:
| Salona Global Medical Device Corp | Health Care | 8.46% |
Based on the reported AUM of the fund of $M 17.400, this represents an approximate investment of over $M 1.4 in SGMD by this fund.
That's a pretty significant bet on Bruce's part.
retiredcf wrote: First stock in the clip; he and his family also own it personally. GLTA
https://www.bnnbloomberg.ca/video/bruce-campbell-s-top-picks~2505781
Salona Global Medical Devices (SGMD TSXV)
Salona Global is focused on medical devices for the post-operative and recovery markets. SGMD has been growing organically and via acquisition. The company continues to announce and close acquisition deals. Once closing the announced deals, the company will have a run rate revenue of $85 million and organic growth of 30 per cent. The stock trades at an attractive valuation of fewer than one times revenue and has several potential acquisitions in the pipeline.
TOP PICK
Salona Global Medical Device(SGMD-X)
21/08/2022 at 08:00pm
Has also been a past pick. When it went public just over a year ago it had $16 million in revenue which should become $70 million by year end with acquisitions and 30% organic growth. Will apply to NASDAQ when it gets to $100 million revenue next year. The chairman was in the same business with DJ global which over 6 years gained 10 times. There is lots of runway to buy a business and increase cash flow. Therefore no short-term need for capital raises. Trades at 1X revenue. Buy 2 Hold 0 Sell 0 (Analysts’ price target is $2.50)
HEALTHCARE
Bruce Campbell (2)
$0.750
Owned