Quick Value #207 - Fast Growing Canadian Microcap
Serial acquirer at 5.5x EBITDA 8x FCF
Welcome to Quick Value
It’s been a few weeks so here’s another reminder on what Quick Value is all about… (every few weeks I’ll plan to “reintroduce” the newsletter and what we’re doing here). Each week I’ll cover a new value investment idea in a Quick Value review.
Idea generation — The goal is to keep the new idea process churning by working the watchlist. These are meant to be a jumping off point for deeper research (i.e. a surface level review).
Format — I stick to a format similar to Steinhardt’s 4 questions: what they do, why it’s interesting, and what it’s worth. [Technically, Steinhardt’s were: the idea, consensus view, variant perception, and catalyst.]
Weekly posts — Covers 1 new idea each week and rotates between free and premium posts. Premium posts lean toward micro/small caps and special sits.
Coverage focus — You’ll see lots of special situations (including virtually every spin-off) and an emphasis on small caps.
Past ideas — Check out all past ideas here to get a feel for what’s been covered.
Today’s article covers a fast growing and extremely cheap Canadian microcap. Will be back next week with a FREE edition of Quick Value (and likely will cover one of the recent Form 10 spin-off filings). Cheers!
Market Performance
