Every Sunday, we rob the spotlight on elements of financial and stock market news that can be useful to the investor, but which could have passed under the radar.
Posted at 7:00 a.m.
Three members of the board of directors of TFI have just bought actions from the Montreal trucking company for a sum greater than half a million dollars.
Diane Giard, Debra Kelly-ennis and Leslie Abi-Karam bought a total of 6,230 actions TFI During the sessions of April 25 and 29.
Debra Kelly-ennis has been a member of the Council since 2017. Diane Giard and Leslie Abi-Karam have been sitting there since 2018.
The big Quebec winner in April on the Toronto Stock Exchange is Therateechnologies. The action of Montreal biopharmaceutics appreciated 90 % during the month. The company said during the month having received interest from two contenders and its potential sale is evaluated by means of an open and non -exclusive process.
The Montreal semiconductor producer 5n plus (+25 %) also experienced a good period in April. Among the losers, Marché Goodfood (-47 %), Bausch Health (-21 %) et Dorel (-21 %) went through a difficult month.
Lightspeed lost the support of the scotia earlier this week. Analyst Kevin Krishnaratne withdrew his recommendation for purchase on the title of the Montreal supplier of technological solutions for merchants on Monday. As the presentation of the financial performance at the end of the year, this expert opts for caution and is more reserved with the titles exposed to consumer trends. Discretionary expenses are likely to slow down due to the weakening of consumer demand.
He therefore sees a danger for income forecasts from the processing of transactions at Lightspeed. “I prefer to hold titles with more defensive characteristics in the current uncertain context. »Lightspeed will present its next financial results on May 22.
Photo Christinne Muschi, Archives La Presse Canada
Pout-Tardoire Power Branch, in Montreal
-The unveiling this week by Play-tardidal supply From a confidentiality agreement with the owner of the convenience stores 7 – Eleven suggests that the process towards a possible operation is progressing and that the probability of a transaction increases.
Doubting the sincerity and good faith of the leaders of Seven & ianalyst Vishal Shreedhar, of national banking financial, gives at most a probability of 50 % to see a transaction concluded. He mentions in passing that the key elements to consider to be attended at the moment are the sales of goods which do not generate the growth to which investors have used, the significant attention paid by the managers to the Seven & I file, and the fact that the company has not bought actions for cancellation for several months.
The scotia has launched in the middle of the week an official follow -up of the activities of the Montreal producer of precious metals Aya Gold & Silver by recommending the purchase of the action. “Aya is negotiated with discount compared to its peers, which offers a single point of entry to invest in a producer of money with a potential for exploration and significant production,” said analyst Ova Habib. In particular, he says he considers Aya as a potential acquisition target. Of a dozen analysts ensuring coverage, they are now new to say to buy the action of this company whose activities are mainly in Morocco.
Valid won a new support earlier this week. The Barclays firm launched an official coverage of the daily clothing manufacturer on the daily manufacturer by offering the purchase of the action. Analyst Paul Kearney had flair by initiating follow -up just before the publication of the financial performance at the start of the year since the action of Gildan appreciated 7 % on Wednesday.
Paul Kearney says it appreciates Gildan’s differentiation in terms of supply which allows protection against tariff pressures given the lack of direct exposure to China. He also likes Gildan’s ability to be able to return capital to shareholders due to the cash flows generated.
Photo Graham Hughes, Archives La Presse Canada
A Dynamite store in Montreal
Another initiated into Dynamite group has just bought actions from the Montreal women’s clothing retailer. This time, it is a member of the board of directors who buys for almost half a million dollars in shares. Chris Arsenault bought a total of 32,000 shares between April 17 and 24. Within the council, he carries the title of main administrator.
Quebec titles of Transcontinental, Power Corporation, Metro et Innergex This week have reached a summit of the last 52 weeks on the Toronto Stock Exchange this week.
On the other hand, those of Marché Goodfood, Cascades, Aya Gold & Silver et Richelieu hardware store have touched their lowest level this week for a year.
