MDA.TO MDA Space

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Hi Dan, any thoughts as to MDA.TO. Listening to a podcast about this company, has very little competition in North America, apparently will be listed in the US stock exchange next year. Tanked in Oct of 2017, but has slowly been appreciating. Any thoughts?

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Asked on November 24, 2024 10:41 pm
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Hey there. MDA went public in 2021, so I'm not sure you're looking at the right ticker when it comes to MDA Space, because it didn't trade in 2017.

This is a very interesting company. A few big contracts wins over the last while has caused some big upticks in terms of forward earnings and cash flow generation.

Very strong balance sheet, strong cash flow generation. It is one of the rare successful IPO's from the COVID-19 pandemic and one I would have no problem owning. Currently digging into it a bit further as I just discovered the company a few weeks ago.

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Posted by Dan Kent
Answered on November 26, 2024 4:42 pm
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Strange, in TradingView it shows data back to 2000 and then a huge drop in 2017 as there is no data again until 2021. Wonder if it went private and then went public again, or a tradingview issue?. Yes, it has peaked my interest as well, heard about it about a year ago but then was brought up recently in a podcast I listen to. They were quite bullish on it as the company is expanding quite aggressively, with as I understand no competition in Canada and the US.
(bpl521@outlook.com at November 26, 2024 11:40 pm)
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Hi Dan, I was on the discord first time and it appears a user requested a report back in August. Report not that glowing, but I am not that comfortable with fundamentals so maybe it is worth/not worth taking a position
(bpl521@outlook.com at November 27, 2024 2:08 pm)
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Hey there. The company has had some big contracts wins since and also, those Ycharts reports aren't going to be all that glowing for IPOs. I wouldn't put much emphasis into that report.
(Dan Kent at November 27, 2024 2:50 pm)
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