Investment Q&A

ABCL has been a huge disappointment for many. Sales have dropped off a cliff, and its main attraction now is its $700M cash, about half its market cap. But it keeps missing revenue estimates (by 40% last quarter) and needs a catalyst. We would wait until it buys something or sets up a more visible growth scenario. GDNP we would read our Oct 12 answer on it. We are not convinced it is going to survive. Please see this answer for TINY. General comments would be similar, but since then it has made two acquisitions and closed a financing. It reports next week and we would see it as the most interesting here by far, and momentum has improved. BNS's executive changes, mostly at Canadian banking, follow the new CEO. As the underperforming bank changes were needed. The new CEO is seen as 'the polar opposite' of the former CEO. So, BNS will be 'different' but it is too early to tell if it will be 'better'.