Mid Jan 2023 Update - $OSS.v, $VMD.to & $VMD, $TOT.to
Thoughts on Market Activity
2023 started off quite different than what we experienced in 2023. Of course when you own illiquid microcaps you don’t always participate when the market goes into melt up mode.
What I’m Reading
This post by Nelson over at Uproar Capital was good. The debate of dividends vs no-dividends seems pretty pointless. What makes sense mathematically is not always the same as what you can tolerate psychologically. Measuring ROI is pretty easy with hindsight although very difficult to do looking forward. Everyone’s path is different and there is no need to get dogmatic.
Posts
Take a look at my recap of 2022 if you want to get a list of all the companies that I currently own.
Company Updates
Not a ton to report for the first two weeks of the year.
OneSoft Solutions - $OSS.v
announced Soc 2 Type 2 certification
this certification is one that operators who are reluctant to cloud based solutions are looking for as they transition from on premise systems
Viemed - $VMD.to
2 mil investment and they can leverage the ModoHealth network
Total Energy Services - $TOT.to
announced capital budget for 2023
pretty much in line with my expectations
I view this as confirmation that business activity is returning
Long - $OSS.v, $VMD.to & $VMD, $TOT.to
Happy Investing.
Dean