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    Saturday, July 10, 2021

    The Didi crackdown reveals the critical risk in Chinese stocks Investment Club

    The Didi crackdown reveals the critical risk in Chinese stocks Investment Club


    The Didi crackdown reveals the critical risk in Chinese stocks

    Posted: 10 Jul 2021 07:00 AM PDT

    I went over every single company in the TSX/TSXV. Here's what I found

    Posted: 09 Jul 2021 10:38 AM PDT

    Of these, about 80% have little or no revenue, and have massive accumulated deficits offset by large issues equity (The companies lose money YoY, and to stay afloat they sell more and more shares each year). This really destroys shareholder value, and makes these companies toxic. Most of these companies are mining, materials or exploration companies by category, but in reality they just own a plot of land they believe has some resource buried deep in it. I read through the annual reports for about ten of these companies. The reports are very simple, and it is clear that they have deep issues in operations and financials.

    There are a number of SP*C like companies that offer little promise. They claim that they are a resource or manufacturing company - but looking deep into their operations the words "planned manufacturing" or "future acquisitions" are prevalent in any discussion about operations or assets. These companies have nothing going on. They may have some ideas or plans, some capital to carry out these plans, but they don't actually own or do anything. There are hundreds of these companies.

    There are a few promising small cap companies, and more promising mid to large cap companies. I have tabulated 110 companies that have some promise or have good current operations. These are all my opinion, and I haven't considered at all any of the financial states of these companies - I have only read a blurb about what the company does, and looked at the size and current earnings in some cases. Some may have great operations, some may be horribly unprofitable, but all are distinguished as doing something other than thinking about mining or buying real estate. Here is the list in all of its glory:

    Ticker Name Price Market Cap
    AAT ATI Airtest Technologies Inc. (XTSX:AAT) $0.07 $6,352,620
    ACU Aurora Solar Technologies Inc. (XTSX:ACU) $0.25 $32,086,351
    ADYA ADYA INC. (XTSX:ADYA) $0.12 $2,715,560
    AFN Ag Growth International Inc. (XTSE:AFN) $36.79 $690,868,005
    APL Appulse Corporation (XTSX:APL) $0.40 $5,578,920
    AST ASTRON CONNECT INC. (XTSX:AST) $0.24 $2,505,100
    AWI Advent-AWI Holdings Inc. (XTSX:AWI) $1.05 $12,532,285
    BAM.PR.C Brookfield Asset Management Inc. (XTSE:BAM.PR.C) $13.35 $99,926,270,000
    BEER Hill Street Beverage Company Inc. (XTSX:BEER) $0.09 $17,401,089
    BEP.UN BRKFLD RWBL PRT NON VTG UNT (XTSE:BEP.UN) $48.22 #FIELD!
    BPO.PR.X Brookfield Office Properties Inc (XTSE:BPO.PR.X) $11.10 #FIELD!
    BQE BQE Water Inc. (XTSX:BQE) $32.15 $39,736,370
    BSO.UN BROOKFIELD SELECT OPPOR INC UNT (XTSE:BSO.UN) $6.19 #FIELD!
    BTEC.H BALSAM TECHNOLOGIES CORP (XTSX:BTEC.H) $0.50 $2,659,870
    BTRU betterU Education Corp. (XTSX:BTRU) $0.03 #FIELD!
    BWLK Boardwalktech Software Corp. (XTSX:BWLK) $0.94 $37,272,910
    BYM.H Baymount Incorporated (XTSX:BYM.H) $0.03 $690,460
    CAE CAE Inc. (XTSE:CAE) $38.64 $11,368,216,440
    CGX Cineplex Inc. (XTSE:CGX) $15.61 $1,015,314,000
    CHR CHORUS AVIATION INC. (XTSE:CHR) $4.83 $858,053,847
    CLI Clearford Water Systems Inc. (XTSX:CLI) $0.03 $2,550,690
    CNS CONTAGIOUS GAMING INC. (XTSX:CNS) $0.06 #FIELD!
    CNX Callinex Mines Inc. (XTSX:CNX) $4.49 $51,853,360
    CRBK CAREBOOK TECHNOLOGIES INC. (XTSX:CRBK) $1.12 #FIELD!
    CTC.A CANADIAN TIRE CORPORATION, LIMITED (XTSE:CTC.A) $193.73 $12,031,430,000
    CTO CIRCA ENTERPRISES INC. (XTSX:CTO) $1.12 $11,342,912
    DAC DATABLE TECHNOLOGY CORPORATION (XTSX:DAC) $0.08 $11,079,450
    DOCT Beyond Medical Technologies Inc. (XCNQ:DOCT) $0.07 $5,495,790
    DOL DOLLARAMA INC. (XTSE:DOL) $57.06 $17,437,490,352
    DSY DESTINY MEDIA TECHNOLOGIES INC. (XTSX:DSY) $1.86 $18,547,860
    DXX DXSTORM.COM INC. (XTSX:DXX) $0.05 $1,036,480
    EFN.PR.C Element Fleet Management Corp. (XTSE:EFN.PR.C) $25.70 $6,421,359,000
    ENA Enablence Technologies Inc. (XTSX:ENA) $0.02 $9,640,410
    EQG EQUBE GAMING LIMITED (XTSX:EQG) $0.03 $755,520
    FBF FAB-FORM INDUSTRIES LTD. (XTSX:FBF) $0.46 $4,058,150
    FTEC Fintech Select Ltd. (XTSX:FTEC) $0.07 $5,083,720
    GB Ginger Beef Corporation (XTSX:GB) $0.38 $5,077,560
    GIL GILDAN ACTIVEWEAR INC. (XTSE:GIL) $44.62 $8,853,937,676
    GKO Geekco Technologies Corporation (XTSX:GKO) $0.35 $12,686,410
    HIT Hit Technologies Inc. (XTSX:HIT) $0.01 $642,460
    HSI H-SOURCE HOLDINGS LTD. (XTSX:HSI) $0.10 $12,960,390
    HULK Pontus Protein Ltd. (XTSX:HULK) $0.19 $12,596,815
    IDL Imaging Dynamics Company, Ltd. (XTSX:IDL) $0.06 $13,434,910
    IFC.PR.D Intact Financial Corporation (XTSE:IFC.PR.D) $24.50 $25,927,390,000
    IGX INTELGENX TECHNOLOGIES CORP. (XTSX:IGX) $0.60 $70,664,750
    INX Intouch Insight Ltd. (XTSX:INX) $0.75 $17,172,607
    IQ AirIQ Inc. (XTSX:IQ) $0.27 $8,710,610
    ISD iSIGN MEDIA SOLUTIONS INC. (XTSX:ISD) $0.07 $11,439,848
    IVI IVRNET INC. (XTSX:IVI) $0.05 #FIELD!
    JTC JEMTEC Inc. (XTSX:JTC) $1.99 $5,561,410
    LM LINGO MEDIA CORPORATION (XTSX:LM) $0.09 $3,019,981
    LOOP LOOPSHARE LTD. (XTSX:LOOP) $0.51 $1,989,880
    LSPD Lightspeed POS Inc. (XTSE:LSPD) $106.31 $14,246,310,000
    LTV LeoNovus Inc. (XTSX:LTV) $0.38 $7,837,875
    MAGT Magnet Forensics Inc. (XTSE:MAGT) $26.25 $236,750,900
    MAL Magellan Aerospace Corporation (XTSE:MAL) $10.60 $611,928,566
    MCLD mCloud Technologies Corp. (XTSX:MCLD) $1.75 $60,265,835
    MFS.H Medifocus Inc. (XTSX:MFS.H) $0.01 #FIELD!
    MG Magna International Inc. (XTSE:MG) $113.20 $33,876,662,160
    MKT DeepMarkit Corp. (XTSX:MKT) $0.31 $1,561,640
    MOGO Mogo Inc. (XTSE:MOGO) $8.70 $564,135,927
    MRS MISSION READY SOLUTIONS INC. (XTSX:MRS) $0.44 $86,044,783
    MRU METRO INC. (XTSE:MRU) $59.07 $14,506,847,718
    MVP MediaValet Inc. (XTSE:MVP) $2.38 $90,987,209
    MVY MOOVLY MEDIA INC. (XTSX:MVY) $0.25 $40,285,825
    NKW.H OCEANIC WIND ENERGY INC. (XTSX:NKW.H) $0.15 $9,964,310
    NPA Alphinat Inc (XTSX:NPA) $0.09 $5,683,406
    NTE Network Media Group Inc. (XTSX:NTE) $0.13 $9,680,690
    NTR Nutrien Ltd. (XTSE:NTR) $73.60 $41,967,544,320
    NVEI Nuvei Corp (XTSE:NVEI) $104.98 $14,376,300,000
    NXT.H Natcore Technology Inc. (XTSX:NXT.H) $0.06 $4,893,210
    OTEX Open Text Corporation (XTSE:OTEX) $63.87 $17,449,130,712
    PAI Predictiv AI Inc (XTSX:PAI) $0.06 $5,610,040
    PDO PUDO INC. (XCNQ:PDO) $1.34 $36,337,557
    PJT Partner Jet Corp. (XTSX:PJT) $0.40 #FIELD!
    PLC Park Lawn Corporation (XTSE:PLC) $32.40 $978,943,900
    PNG Kraken Robotics Inc. (XTSX:PNG) $0.58 $97,787,420
    POOL Pool Safe Inc. (XTSX:POOL) $0.03 $2,160,640
    RLV RELEVIUM TECHNOLOGIES INC. (XTSX:RLV) $0.03 $5,194,260
    RSI ROGERS SUGAR INC. (XTSE:RSI) $5.74 $594,301,806
    RUM ROCKY MOUNTAIN LIQUOR INC. (XTSX:RUM) $0.20 $9,260,538
    SAI.H SUNSHINE AGRI-TECH INC. (XTSX:SAI.H) $0.02 $1,440,130
    SAP SAPUTO INC. (XTSE:SAP) $37.45 $15,456,510,055
    SLF.PR.G SUN LIFE FINANCIAL INC (XTSE:SLF.PR.G) $16.16 $37,419,390,000
    SNS SELECT SANDS CORP. (XTSX:SNS) $0.08 $4,765,760
    SPP SPOT COFFEE (CANADA) LTD. (XTSX:SPP) $0.04 $5,057,810
    SSC.H SMARTCOOL SYSTEMS INC. (XTSX:SSC.H) $0.05 #FIELD!
    STX Starrex International Ltd. (XCNQ:STX) $1.26 $19,411,820
    SW SIERRA WIRELESS, INC. (XTSE:SW) $23.99 $694,438,900
    T TELUS Corporation (XTSE:T) $27.75 $35,470,050,000
    TCS TECSYS INC. (XTSE:TCS) $42.20 $612,115,220
    TEV Tervita Corporation (XTSE:TEV) $5.81 $672,003,192
    TFII TFI International Inc. (XTSE:TFII) $113.33 $10,577,370,000
    TGIF 1933 INDUSTRIES INC. (XCNQ:TGIF) $0.10 $29,967,322
    TKX TRACKX HOLDINGS INC. (XTSX:TKX) $0.09 $10,570,310
    TLA TITAN LOGIX CORP. (XTSX:TLA) $0.60 $17,121,678
    TMS.H Targeted Microwave Solutions Inc. (XTSX:TMS.H) $0.04 $4,438,700
    TRAD Voleo Trading Systems Inc. (XTSX:TRAD) $0.30 $8,998,880
    UNS UNI-SELECT INC. (XTSE:UNS) $15.21 $674,997,600
    VAI VirtualArmour International Inc. (XCNQ:VAI) $0.09 $9,067,210
    VISN BINOVI TECHNOLOGIES CORP. (XTSX:VISN) $0.05 $8,290,075
    VMY.H VOICE MOBILITY INTERNATIONAL, INC. (XTSX:VMY.H) $0.07 $280,180
    VPN VPN Technologies Inc. (XCNQ:VPN) $0.16 $1,622,230
    WATR Current Water Technologies Inc. (XTSX:WATR) $0.08 $16,982,000
    WPN First Responder Technologies Inc (XCNQ:WPN) $0.04 $2,475,270
    WWT Water Ways Technologies Inc (XTSX:WWT) $0.15 $12,383,220
    Y Yellow Pages Limited (XTSE:Y) $14.69 $408,226,873
    ZMS.H Zecotek Photonics Inc. (XTSX:ZMS.H) $0.01 $1,649,330
    ZONE Zonetail Inc. (XTSX:ZONE) $0.07 #FIELD!
    #FIELD! CTU.H #FIELD! #FIELD!

    You should be able to copy and paste the table into excel or sheets if you want the data. Happy hunting and hopefully this can save you some time!

    submitted by /u/valuescott
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