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Westaim Corp V.WED

Alternate Symbol(s):  WEDXF

The Westaim Corporation is a Canadian investment company specializing in providing long-term capital to businesses operating primarily within the global financial services industry. The Company 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 pursue investment opportunities with a focus towards the financial services industry and grow shareholder value over the long term. Its investments include significant interests in Arena and the Arena FINCOs. The Arena FINCOs are private companies which include specialty finance companies that primarily purchase fundamental-based, asset-oriented credit and other investments for their own account. Arena consists of two main business lines: Arena Investors and Arena Institutional Services (AIS). Arena Investors operates as an investment manager.


TSXV:WED - Post by User

Bullboard Posts
Post by ticktalkeron Jan 18, 2004 8:40am
569 Views
Post# 6911082

Sanyo/DNP deal by the end of January?

Sanyo/DNP deal by the end of January?https://management.itmanagersjournal.com/management/04/01/15/239206.shtml?tid=103&tid=85 WEDX I still like this little name long, but the longer it takes for the company to form an alliance, or forge a manufacturing deal, then the more the stock can pull back between now and potential news of such a deal. That said, from what I am hearing and seeing I would not be surprised if there is a manufacturing deal as soon as by the end of January. Such a deal could also involve a small ownership stake in Westaim's iFire division. DNP is one potential partner that comes to mind. Sanyo is another potential partner, and it's possible that a marketing deal might materialize sometime before the end of the first half of this year. Today, CS First Boston reported on the difficulties with LCD yields at the gen-5 fabs (folks I know in the business estimate that the yields are 18%). It was expected the newer larger fabs would see an increase in LCD yields, but they are not. Essentially, the plasma guys have said they want the +50-inch market, the LCD guys are saying the <22-inch market is theirs, leaving the middle of this market wide open. iFire has a huge cost of production advantage over LCD as well as plasma, and relatively speaking, very few people know the story yet. I still love this name longer-term (six to nine months) and would look to add on pull backs. The timing of an announcement is important, however, since the longer it takes for a deal to be announced there is risk that WEDX moves sideways with a slight downward bias for a while. Potentially, if any deals take sufficiently long to be announced, it's possible the stock pulls back to as low as the $3 level. Absent any news to act as an upward catalyst, the natural flow of WEDX stock will be to pullback; people get antsy waiting these things out, and when they get antsy, they sell.
Bullboard Posts