ACD
ACCORD FINANCIAL CORP
stock TSE

I have lots of positions I think can double but six months is tight. Accord Financial ACD.TO has potential in 12 months. They are going through a strategic review and trade for less than half of book value. I expect the business sold within 12 months and hopeful they can recover book value. Ifabric IFA.TO has a shot too. They are supposed to record a giant sales number in Q4 and if they grow as much as expected next year, the stock can easily double but I’m holding on for hopefully much more. Might as well put Microbix MBX.TO on the lost too. Could easily double and still be cheap. Good growth and emerging profitability should result in a rerate. I’m thinking more 10x in 5 years for both IFA and MBX. All speculation of course but I think margin of safety is high.

I have lots of positions I think can double but six months is tight. Accord Financial ACD.TO has potential in 12 months. They are going through a strategic review and trade for less than half of book value. I expect the business sold within 12 months and hopeful they can recover book value. Ifabric IFA.TO has a shot too. They are supposed to record a giant sales number in Q4 and if they grow as much as expected next year, the stock can easily double but I’m holding on for hopefully much more. Might as well put Microbix MBX.TO on the lost too. Could easily double and still be cheap. Good growth and emerging profitability should result in a rerate. I’m thinking more 10x in 5 years for both IFA and MBX. All speculation of course but I think margin of safety is high.