tenyearsout

If the Topicus spin off goes through, does anyone know the proportional value of Topicus vs the original CSU. Ie how much of the original value of CSU is being lost. Thanks.

Bitcoin. Bought it through an exchange.

https://finance.yahoo.com/news/computer-modelling-group-announces-second-120000356.html

A good addition to the board. https://finance.yahoo.com/news/computer-modelling-group-announces-director-203005851.html?.tsrc=applewf

Recent quarter results: https://www.cmgl.ca/sites/default/files/uploads/docs/pdf/CMG_Q1_20_Results.pdf They mention a further agreement with Shell regarding Coflow: “Subsequent to quarter-end, CMG and Shell signed an amendment to the CoFlow agreement. In order to achieve specific development targets and deployments across a broader range of Shell’s assets, CMG will allocate more resources to CoFlow over the next two years, while Shell will increase its financial contribution accordingly. The costs of additional resources allocated to CoFlow are expected to be in the range of $4.5 – $6.5 million on an annualized basis by the end of fiscal 2020.” They didn’t mention signing any new customers on Coflow this quarter. Just wondering what people’s interpretations are about the new Shell agreement. Positive or negative? It could be that the software isn’t yet ready yet and needs more work or maybe that it’s utility is being realized and can be further improved. Just curious as to others thoughts.

Put out by CSU so likely over 50m https://finance.yahoo.com/news/volaris-group-constellation-software-company-120453473.html?.tsrc=applewf

Also mentioned was that they had two more (short term) contracts with different companies for Coflow. This is promising in that industry is at least trying out their new product.

Bizaro86, thanks again for the insight. Do you know how well, relative to their competition, CMG software is for shale-gas reservoir simulation?

Does anyone know how their new product ‘Coflow’ is being thought of in the industry?

Are the Q1/2019 numbers legitimate? Are they from the company? Based on the acquisitions from @pearnick I would have guessed a higher number than 60

Just a thought: Berkshire acquiring an elephant would typically result in an increase in the market price of BRK shares. If Buffett knew that he had an elephant in his sights then he may have felt that any share repurchases at that time would have been unfair to current shareholders given that he had special insider information

Good to hear it. Thanks for the insight bizaro86

Thanks to Spekulatius and bizaro86 for your thoughts. My reason for buying are: 1. Very large intellectual moat 2. Long term view in terms of continued spending on R/D 3. New CoFlow product released (after years of development), potential new source of revenue 4. Recent insider buying at higher than current prices

CMG.to Computer Modelling Group

Here are Ray Dalio’s thoughts. https://www.linkedin.com/pulse/help-put-recent-economic-market-moves-perspective-ray-dalio?trk=portfolio_article-card_title