Givex Corp T.GIVX

Jason Donville - BNN - RISKY

[Possibleidiot01]

RISKY

Givex(GIVX-T)

12/03/2024

 

Owns a small position. A speculative stock. They make loyalty programs and have a good track record under good managers. A good, little company, but it's early days for them.

Technology

 

N/A

Owned

[HarryBarry]

Thanks for posting. The "early days" comment by Mr Donville is, however, more than a little misleading. Givex was founded by Don Gray, the current CEO in 1999. These are early days only in the sense that Givex was not floated on the TSX until late 2021. The company has grown sales by approx 50% since its TSX launch, has a large international footprint and regularly reports new sales

[habsfan4]

I think you understate what Givex does after 24 years in business.  They provide gift card solutions to global giants such as Nike, Lulu Lemon, Marriot and Cest Western Hotels.   That is recurring revenue from brands that are prospering.   Over 300 employees and growing is a darn good "little" company

[Robsopinion]

Although "Global giants" may grab your attention, I wish to caution you that the bigger the company, the less they will pay, and the more they will expect. Sometimes driving top line positivly, but net negative on the bottom line. The small, and smaller customers, renting the POS systems, wiring the networks, starting out with gift cards are the ones that really put the points on the

[Robsopinion]

I think the moniker of "Risky" by BNN should be looked at based on metrics and not the operations of the company. Market cap here is just barely 100mil, insiders hold a significant percentage of the float, and the stock is up over 100% from it 52 wk low. I think that BNN would have a certain set of standards or metrics that they use when reccomendations on volitility and risk are