CARMANAH TECHNOLOGIES (CMH) Stocks
ABOUT CARMANAH TECHNOLOGIES
Carmanah Technologies International provides signaling and solar lighting solutions for infrastructure projects around the world.
With over 400 000 installations in 110 countries the company has built a global reputation for delivering innovative, cost-effective, and long-lasting solutions that offer cost savings and ensure environmental sensitivity.
With a history dating back to 1996, today the company has a brand portfolio that includes Sabik Offshore and Sol, which each offer energy-optimized LED solutions that are built to perform in some of the world’s harshest and most remote environments, while also working close to home.
As such, Carmanah Technologies International’s product portfolio includes systems for pedestrian and driver safety in the traffic market.
It also includes industrial and commercial solar-powered LED lighting systems and marking systems for offshore wind farms.
OVERVIEW OF CARMANAH TECHNOLOGIES
Carmanah Technologies International operates across three divisions, namely Traffic, Offshore Wind, and Solar Illumination. The company’s Traffic business serves the North American traffic safety market with solar-powered flashing beacons and signs for the transportation industry, including solutions for pedestrian crosswalks, school zone, radar speed signs, and more.
Carmanah Technologies International’s Offshore Wind business specializes in the provision of comprehensive safety and marking systems for offshore wind farms.
- The company’s Outdoor Lighting business provides advanced solar-powered LED lighting for cities and commercial properties, customizing solutions for streets, pathways, parking lots, and more.
VISION & VALUES OF CARMANAH TECHNOLOGIES
As part of Carmanah Technologies International’s core values, it is committed to minimizing the environmental impact of its operations and supporting the health, wellbeing, and education of its employees and the people in the communities it interacts with and serves.
Carmanah Technologies International believes that these activities will benefit both the environment and society while simultaneously enhancing its corporate profitability and value.
MARKET PERFORMANCE OF CARMANAH TECHNOLOGIES
Carmanah Technologies International trades on the Toronto Stock Exchange (TSX), where investors can buy shares under the stock symbol –CMH.
Data from the company’s 2019 first quarter financial analysis shows that the company generated revenues of $ 7.8 million. Adjusted EBITDA was $ 0.4 million or 5.3% of revenue, an improvement from $ 0.3 million or 3.9% of revenue in the same period in 2018.
Carmanah Technologies International’s Signals division generated revenues of $ 3.3 million, up $ 1.0 million or 39.4%, driven by increased sales in its Telematics vertical (up $0.1 million) and its Traffic vertical (up $0.8 million). The company’s Offshore division generated revenues of $ 2.9 million, down $ 1.2 million or 29.2%, due to project delays that are expected to shift revenues into future periods.
Carmanah Technologies International’s Illumination division generated revenues of $ 1.7 million, up $ 0.3 million or 19.0%. The increase was due to the full shipment of a large order in the first quarter of 2019, resulting in additional revenue being recognized compared to prior year.
Carmanah Technologies International has recorded a steady growth performance, pivoted by growing demand for its renewable’s portfolio.
This sets the company in good stead to deliver a rising share price for investors with good long-term growth in dividends, securing a solid buy-in for those who choose to purchase shares today.
Buy CARMANAH TECHNOLOGIES stocks / shares – ? A Step by Step Guide how to Buy / Purchase CARMANAH TECHNOLOGIES Stocks or Shares online.
Before buying any stock or share one has to consider a few factors.
STEP 1: PROPER RESEARCH IS ESSENTIAL
Upon deciding you want to buy CARMANAH TECHNOLOGIES Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.
Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.
STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CARMANAH TECHNOLOGIES STOCKS / SHARES
It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a $5 stock, multiply 100 by $5 to get $500.
STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE
Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.
STEP 4: OPEN A BROKERAGE ACCOUNT
A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.
STEP 5: COMMIT AND PURCHASE CARMANAH TECHNOLOGIES STOCKS / SHARES
Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out. Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CARMANAH TECHNOLOGIES stocks / shares.
5 Questions to ask yourself before purchasing any stocks or shares.
- Is it the best time to buy this stock / share?
- Should I buy CARMANAH TECHNOLOGIES stocks / shares in the current economic climate?
- Can I afford to buy this stock / share?
- What is the forecast of the stock / share growth?
- What is the current price per earning ration on the stock / share?