CMG.TO - Computer Modelling Group

[Spekulatius]

Worth noting that CMG has traded strongly while its peers (and I use the term loosely) and the oil price are still in a painful purgatory. Just something to be aware of; wouldn't surprise me whatsoever if we saw a significant pullback here before this is all said and done.

 

It depends if its peers are strong vertical market software businesses or oil and gas suppliers. Its sort of both of those things, so it makes sense that it has traded between them.

 

Nearly all of CMG's customers are oil and gas companies, right? At the end of the day if oil and gas prices aren't healthy then CMG isn't going to thrive either. The best house in a bad neighborhood is still in a bad neighborhood.

 

True. But the best house in a bad neighborhood can be a good investment if you pay the right price for it.

 

The worst house in a great neighborhood tends to be a much better investment.

 

I think one can easily take analogies too far.

[Foreign Tuffett]

Much better entry point here at under $5 CAD if we are getting a Covid vaccine sooner rather than later.