Looking at the losers of 2017 (TSX)

Purely for reference – look at the victims of 2017 market action. A lot of gold, oil and gas, and Aimia!

Some of these are also on the September 2, 2017 screen I did. The only difference with this table is that I did not restrict revenues and had a minimum market cap of $25 million.

Entities included also are ones that have not been delisted (e.g. Sears Canada).

Any pickings on these entrails that are worth looking at?

CompanySymbolYTD (%)
CPI Card Group Inc.PMTS-T-82.5
Platinum Group MetalsPTM-T-80.67
Asanko Gold Inc.AKG-T-79.37
Intellipharmaceutics Intl. (D)IPCI-T-74.41
Concordia International (D)CXR-T-74.39
Electrovaya Inc.EFL-T-70.89
Painted Pony EnergyPONY-T-69.85
Aralez Pharmaceuticals Inc.ARZ-T-69.37
Condor PetroleumCPI-T-68.65
Neovasc Inc.NVCN-T-67.67
Oryx Petroleum CorporationOXC-T-66.98
Mandalay Resources CorpMND-T-66.88
Bellatrix ExplorationBXE-T-66.09
Euromax ResourcesEOX-T-60.77
Western Energy ServicesWRG-T-59.68
Dundee Corp.DC.A-T-58.49
Pine Cliff EnergyPNE-T-58.41
Eldorado GoldELD-T-58.1
Perpetual EnergyPMT-T-57.87
Aimia Inc.AIM-T-57.83
Red Eagle MiningR-T-57.33
Crew Energy Inc.CR-T-56.86
Newalta CorpNAL-T-55.6
Peyto Exploration & Develop.PEY-T-54.17
Western ResourcesWRX-T-53.89
CRH MedicalCRH-T-53.84
Bonavista Energy Corp.BNP-T-53.22
Birchcliff EnergyBIR-T-53.04
Tahoe ResourcesTHO-T-52.57
NeuLionNLN-T-52.17
Cardinal Energy Ltd.CJ-T-51.65
TAG Oil LtdTAO-T-50.65
Storm Resources Ltd.SRX-T-50.57
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Bottom fishing on CRH Medical?

@Will: I did look at them earlier. Your thoughts? (will post mine after your reply).

I own PMTS – what a dud! I also own preferred shares of Aimia and Dundee. I think both are good, obviously I am hoping for a imminent reinstatement of the Aimia dividend. That won’t happen til they announce a new airline partner.

Peyto is an ‘outsider’ O&G stock. Was pretty expensive when I looked at it after reading on the blog below (in 2015 – a fun story, read it). Maybe interesting to check out what’s happening now.

https://valueandopportunity.com/2015/08/24/peyto-exploration-development-corp-canadian-cowboys-or-outsider-company-part-1/

I’ve read quite a few recommendations for BIR (Birchcliff)….I bought 2000 shares at around $4.00 (avg 4.01) I also hold there “C” preferred.

Amusing to see Aralez on this, as they were a “smart money” darling a year or two ago. I kept n looking at them and shaking my head, since the bull case seemed to take as assured a success which was predictable neither from the nature of their business nor their previous efforts. I thought I was dumb because I just didn’t understand what people saw in the company. Maybe I was dumb, and they were just unlucky!

Aimia seems to be a newly-ascendant “smart money turnaround,” but the important difference–as I see it–is that they have a history of very strong cash flow., and a potential runway of same for some years. I find it interesting, though to have high conviction on it I’d need comfort on the real-world behavior of their liabilities, which I don’t.