The average of high-point returns for Investorfile’s Small Cap Value Top
Ideas increases to 430%.
In the 10-plus years Investorfile has been blogging about
stocks, 2021 ranks as one of the most difficult years to produce results, as a
small and microcap stock picker in non-resource sectors. While the first eight
weeks of 2021 looked encouraging for growth investors, the party was
short-lived. From that point on, low valuations and little liquidity were the
dominant trends for small and micro-cap stocks, right up to the last days in
December. However, there is hope of recovery early in 2022, and these stocks
could begin to recover some of their losses from last year.
In 2021, Investorfile
added just one new small cap value stock pick to its list of Top Ideas: Noble
Iron (TSXV: NIR). Despite its limited liquidity, Noble Iron’s stock has
performed very well. At the end of 2021, the share price is up about 184% since
we first profiled the stock on the Investorfile blog.
The high point average return
among all of our 23 Top Ideas since the inception of the Investorfile blog in
December 2011 stands at 430% at the end of 2021. This is up significantly from
the average of 368% at the end of 2020, driven by a group of Investorfile
stocks that hit new highs during the past year. Average current returns at the
end of 2021 are 271%, which is essentially unchanged year-over-year and which
reflects the overall weakness for small cap stocks that was persistent for most
of 2021.
Investorfile has documented 23 picks that, to date, make up our list of Top
Ideas – Small Cap Value stocks. This summarizes the performances of our Top
Ideas over the past nine years:
- Average high-point returns based on highest closing stock price equals
430%
- Average current returns to date (which includes all dividends paid)
equals 271%
- Two of our 23 stock picks currently have small negative returns after
reaching new highs
- Nine takeovers/privatizations at a premium-to-stock price
- Paid out a combined total of $0.95 per share of dividends
The top
five share price performers among our Top Ideas during the 12 months of 2021:
- Noble Iron (TSXV: NIR) +184%
-
Caldwell
Partners International (TSX: CWL) +79%
-
Destiny Media Technologies (TSXV: DSY) +60%
-
Novra Technologies (TSXV: NVI) +60%
-
EcoSynthetix (TSX: ECO) +59%
As of December 31, 2021, Investorfile’s Small
Cap Value Stocks Top Ideas all-time rankings for high-point returns are as
follows ($C):
High-point returns are based on the highest closing stock price and exclude
dividends with the exception of takeovers. Dividends are deducted from share
price cost-base for calculation of current and final returns.- Sangoma Technologies Corp., TSXV: STC C$21.82
High-point return: +2377%
Current return: +1385%
Investorfile blog posts
- Questor Technology Inc., TSXV: QST C$1.60
High-point return: +1374%
Current return: +321%
Investorfile blog posts
- Gatekeeper Systems Inc., TSXV: GSI C$0.51
High-point return: +1055%
Current return: +365%
Investorfile blog posts
- Quorum Information Technologies Inc., TSXV: QIS C$1.13
High-point return: +725%
Current return: +465%
Investorfile blog posts
- RDM Corporation, Takeover in 2017 @C$5.45
High-point return: +708% (includes dividends)
Final return: +708% (includes dividends)
Investorfile blog posts
- WANTED Technologies Corp., Takeover in 2015 @C$1.79
High-point return: +478%
Final return: +478%
Investorfile blog posts
- AirIQ Inc., TSXV: IQ C$0.29
High-point return: +450%
Current return: +264%
Investorfile blog posts
- Noble Iron Inc., TSXV:NIR C$0.71
High-point return: +300%
Current return: +184%
Investorfile blog post
- Intrinsyc Technologies Corp., Takeover in 2020 @C$1.90
High-point return: +279%
Final return: +153%
Investorfile blog posts
- Caldwell Partners International Inc. TSX: CWL C$2.00
High-point return: +277%
Current return: +1043% (includes dividends)
Investorfile blog posts
- EcoSynthetix Inc., TSX: ECO C$5.86
High-point return: +273%
Current return: +244%
Investorfile blog posts
- Titan Logix Corp., TSXV: TLA C$0.44
High-point return: +234%
Current return: -2%
Investorfile blog posts
- Intouch Insight Ltd., TSXV: INX C$0.71
High-point return: +232%
Current return: +154%
Investorfile blog posts
- Posera Ltd., Takeover 2020 C$0.12
High-point return: +200%
Final return: +10%
Investorfile blog posts
- Radiant Communications Corp., Takeover in 2013 @C$1.43
High-point return: +180%
Final return: +180%
Investorfile blog posts
- Destiny Media Technologies Inc., TSXV: DSY C$1.52
High-point return: +170%
Current return: +41%
Investorfile blog posts
- Boardwalktech Software Corp., TSXV: BWLK C$0.70
High-point return: +164%
Current return: +35%
Investorfile blog posts
- Avante Logixx Inc., TSXV: XX C$1.49
High-point return: +114%
Current return: +35%
Investorfile blog posts
- IWG Technologies Corp., Takeover in 2017 @C$0.43
High-point return: +95%
Final return: +95%
Investorfile blog posts
- Novra Technologies Inc., TSXV: NVI C$0.12
High-point return: +90%
Current return: -20%
Investorfile blog posts
- DDS Wireless International Inc., Takeover in 2014 @C$2.25
High-point return: +48% (includes dividends)
Final return: +48% (includes dividends)
Investorfile blog posts
- Galvanic Applied Science Inc., Takeover in 2014 @C$1.70
High-point return: +35%
Final return: +17%
Investorfile blog posts
- Ergoresearch Ltd., Takeover in 2018 @C$0.30
High-point return: +30%
Final return: +30%
Investorfile blog posts
Author's ownership disclosure: YES: CWL, STC, XX, QIS, TLA, QST, INX, IQ, GSI, NVI, DSY, ECO, BWLK, NIR
Read Disclaimer:
This article is for informational purposes only. This article is based on the author's independent analysis and judgment and does not guarantee the information's accuracy or completeness. The information contained in this article is subject to change without notice, and the author assumes no responsibility to update the information contained in this article. The information contained within this article should not be construed as offering of investment advice. Those seeking direct investment advice, should consult a qualified, registered, investment professional. This is not a direct or implied solicitation to buy or sell securities. Readers are advised to conduct their own due diligence prior to considering buying or selling any stock.
Investorfile is not engaged in an investor relations agreement with Questor Technology Inc., Caldwell Partners International Inc., Avante Logixx Inc., Titan Logix Corp., Sangoma Technologies Corp., Quorum Information Technologies Inc., Intouch Insight Ltd., Gatekeeper Systems Inc., AirIQ Inc., Nova Technologies Inc. and Destiny Media Technologies Inc., EcoSynthetix Inc., Boardwalktech Software Corp. and Noble Iron Inc. nor has it received any compensation from Questor Technology Inc., Caldwell Partners International Inc., Avante Logixx Inc., Titan Logix Corp., Sangoma Technologies Corp., Quorum Information Technologies Inc., Intouch Insight Ltd., Gatekeeper Systems Inc., AirIQ Inc., Nova Technologies Inc. and Destiny Media Technologies Inc., EcoSynthetix Inc., Boardwalktech Software Corp. and Noble Iron Inc. for the preparation or distribution of this article.
The author of this article has acquired and may trade shares of Questor Technology Inc., Caldwell Partners International Inc., Avante Logixx Inc., Titan Logix Corp., Sangoma Technologies Corp., Quorum Information Technologies Inc., Intouch Insight Ltd., Gatekeeper Systems Inc., AirIQ Inc., Nova Technologies Inc. and Destiny Media Technologies Inc., EcoSynthetix Inc. Boardwalktech Software Corp. and Noble Iron Inc. through open market transactions and for investment purposes only. |
