Top PickFirst stock in the clip. GLTA
https://watch.bnn.ca/#clip1061720
Axia NetMedia (AXX TSX)
Axia is a pure play on increasing network data usage with proven success globally. Due to its recent sale of Spanish and Singapore networks, it has nearly 60 percent of its market cap in cash and net working capital, which I expect a significant return on going forward in the form of Special Dividends, Share Buybacks and capital reinvestment. Our near term target is $3.00 but we can see further upside with other successful network build outs.
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2013-12-27 |
TOP PICK |
James Hodgins |
Tied to the insatiable demand for band width. Over a 20 year period has about $1.2 billion worth of fiber in the ground, mostly in rural areas with governments being their largest customers. You are not paying for it as they have almost 60% of their market cap in networking capital, between cash and receivables, mostly cash. He is expecting a very large special dividend, possibly in the range of $0.50 a share as well as a continued buy back of the stock. Thinks $3 is pretty easy on the upside.
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Price:
$2.490
Subject:
MARKET NEUTRAL INVESTING: SMALL/MID-CAP
Bias:
CAUTIOUS
Owned:
Yes |