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Bullboard - Stock Discussion Forum Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is an investment company, which specializes in providing long-term capital to businesses operating within the global financial services industry. It invests, directly and indirectly, through acquisitions, joint ventures and other arrangements, with the objective of providing its shareholders with capital appreciation and real wealth preservation. Its strategy is to... see more

TSXV:WED - Post Discussion

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Post by Tim2Agami on Jan 02, 2021 10:53pm

52

Within a few days, WED will begin to appear to be hitting and at 52 week highs every day, even if the closing share price goes nowhere,. 

Of course, it's a story in the grey zone for those with long holdings and longer memories, -- and who are nowhere near reaching back to those $600 a share highs --, but the optics for those interested in taking guidance from the 52 week highs and 52 week lows on daily charts, and who have short memories - or good timing -- may be enticing.   

The new branding, focus, runoffs and bulking up suggest that re-organization is still ongoing, and pages being turned (around) with far more fervour than merely putting lipstick on a dead-water pig trying to get her to float to the dance. 

However, though not ready to be the pig in a polka yet, nevertheless looking skyward and ready to waltz. 

But then again, so is Fairfax, F F (H).      
Comment by nkbourbaki on Feb 04, 2021 8:16am
It's been a slow but steady climb.   Arena AUM now up to $2.2bn and Skyward (ex HIIG) very active in rebranding/rebuilding. 
Comment by Paddy902 on Feb 11, 2021 9:21pm
I'm good with slow and steady!! So long as its the right direction.
Comment by Tim2Agami on Mar 26, 2021 10:42am
Obviously the direction is anything but skyward Book value per fully diluted share was $2.24 (C$2.85) at December 31, 2020, compared to $2.48 (C$3.22) at December 31, 2019. Westaim recorded a net loss of $14.5 million ($0.10 loss per diluted share) and a net loss of $34.5 million ($0.24 loss per diluted share) for the quarter and year ended December 31, 2020, respectively, compared to a net loss ...more  
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