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Gold/Mining/Energy : Home Capital Group (HCG.B-TSE)

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To: DaveAu who wrote (21)8/4/1999 5:10:00 PM
From: J. Plantinga  Read Replies (1) of 65
 
White-knuckle stuff, to be sure.

Seriousy, though, it's closed on the upside 7 of the last 10 trading sessions--mostly contrary to the direction of the TSE300--with decent volume (for HCG) and strong support on the bid side. This long, slow trend is now 9 months old and doesn't look like it's ready to die yet. And why should it? This company has it all: steady growth in revenues and earnings, great balance sheet, high margins, small share base, paying dividends, entering new markets, making acquisitions, and trading at less than 10 times earnings. Is there potential here for share price appreciation? A big chunk of my RRSP thinks so!

Cheers,
JP
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