Feb 12, 2019
This week in our Your Stock, Our Take segment we look at The Second Cup Ltd. (SCU:TSX), a Canadian specialty coffee retailer operating franchised and company owned cafes across Canada. Shares in the company have performed very poorly long-term, but a September partnership with TSX-Venture-listed National Access Cannabis (META.V) to convert select Second Cup locations into National Access Cannabis branded dispensaries is intriguing. With the company in a strategic review and looking to boost profitability, a listener asks if the stock is finally worth a look?
Our Star of the week is Solium Capital Inc. (SUM:TSX), which provides cloud-enabled services for global equity-based incentive plans including administration, financial reporting and compliance. The stock surged 42%, Monday after Morgan Stanley announced it will acquire Solium's shares in an all cash transaction for $19.15. The total transaction is valued at approximately CAD$1.1 billion.
Finally, our Dog of the week is HIVE Blockchain Technologies Ltd. (HIVE:TSX) - owns state-of-the-art GPU-based digital currency mining facilities in Iceland and Sweden, which produce newly minted digital currencies like Ethereum continuously as well as cloud-based ASIC-based capacity which produces newly minted digital currencies like Bitcoin. The stock is down over 85% in the last year. Is it a Dog or an opportunity?
Stock Talk Podcast Episode 60
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