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Computer Modelling Group Ltd T.CMG

Alternate Symbol(s):  CMDXF

Computer Modelling Group Ltd. is a Canada-based global software and consulting company. The Company is engaged in the development and licensing of reservoir simulation and seismic interpretation software. The Company also provides professional services consisting of highly specialized support, consulting, training, and contract research activities. The Company operates through two segments: CMG and BHV. The CMG segment is engaged in the development and licensing of reservoir simulation software. The BHV segment is engaged in the development and licensing of seismic interpretation software. The Company has a diverse customer base of international oil companies in approximately 60 countries. The Company’s software includes CMOST, IMEX, GEM, STARS, CoFlow, Builder, Results and WinProp. The Company has sales and technical support services based in Calgary, Houston, London, Dubai, Bogota, and Kuala Lumpur.


TSX:CMG - Post by User

Post by mrkarpovon Aug 06, 2009 7:53pm
517 Views
Post# 16198049

Hodson/BNN To-day :)

Hodson/BNN To-day :)To no one's surprise, Peter Hodson had all sorts of
great things to say about CMG to-day, but he didn't
give it a "Top Pick" status - as he did on his April '09
appearance.

Michael Hainsworth (host) indicated that of the two
analysts who currently follow the stock one gives it
a BUY and the other a HOLD.

According to my limited sources, one analyst's EPS
estimates for the fiscal years ending 03-2010 and
03-2011 are $1.01 per share and $1.14 per share
respectively - with corresponding share price targets
of $18.18 and $20.52 (using a current P/E multiple of
18).

To watch the clip use the following link and fast forward to
the 10:51 mark.

https://watch.bnn.ca/market-call/august-2009/market-call-august-6-2009/#clip200967

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