RE:5.5 centsThanks to the people who show faith in TSX News. I promise we will not let you down. It's been quiet because TSX News is in the process of a massive analysis. All the financials on the tech companies on the TSXV under $60M in market cap and enough trading volume have been compared to each other. Basically what we have here for ZMD is what will be provided for 40 more companies, except condensed into one article.
https://tsxnews.blogspot.ca/2013/10/microcap-skyrockets-after-annual-report.html
Should be out in the next one to two weeks. Prelim results show that these are going to be the 10 best companies in terms of revenue growth, margin, value (low price to sales multiple) and sustainability - how well they can hold based on current working capital conditions. This list might change slightly but I don't expect any of these companies to move significantly downwards. When looking at this list, all of them have at least three of the four attributes - very strong revenue growth, stable and positive working capital, positive operating margin/bottom line net earnings, cheap price to sales ratio. For instance, ZMD has them all except a negative working capital (convertible debentures just turned into a current liability). NCI has great growth and profits but their P/S ratio isn't that cheap anymore because the stock price has done so well. FSW has strong growth on very high revenues vs their peers and stable working capital but margins are slightly negative.
| ZoomMed Inc. |
| Fireswirl Technologies Inc. |
| NTG Clarity Networks Inc. |
| QHR Corporation |
| TIO Networks Corp |
| Photon Control Inc. |
| Avante Logixx Inc. |
| Wanted Technologies Corporation |
| Quorum Information Technologies Inc. |
| VIQ Solutions Inc. |
The 10 worst companies on this list are:
| Enablence Technologies Inc. |
| Star Navigation Systems Group Ltd. |
| Wi2Wi Corporation |
| Intertainment Media Inc. |
| E.S.I. Environmental Sensors Inc. |
| Valdor Technology International Inc. |
| Sensio Technologies Inc. |
| LX Ventures Inc. |
| Times Three Wireless Inc. |
| Las Vegas From Home.com Entertainment |
They are basically the opposite of everything you would want in an investment. Any market cap here is going purely on "speculation", whether that speculation is warranted or not based on recent financial results.
This article will be long, detailed and very numbers based. It will touch 41 companies - many of the most popular traded and talked about tech stocks on the TSXV - so make of that what you will. Baggie you can go suck on a lemon. Your ISD stinks though not as bad as the bottom 10 listed above.