Jason donville of donville kent asset management on constellation software inc csu and concordia healthcare corp cxr jason. Constellation, based in toronto, has surged 483 percent in the five years through may. The canadian market has been weaker than most of other countries because of its high weighting in natural resource stocks and the affect that the price of oil has had on the canadian dollar. Three top stock picks from integris pension managements gavin. Ackroo appoints jason donville to board of directors ackroo. Securities and exchange commission reporting information. Every weekday, top fund managers and market analysts professionals who handle billions in retail and institutional investments give their thoughts and top picks. Constellation software leads canada tech revival eric lam. Gender diversity board proposal at constellation software. Their mission is to acquire, manage and build marketleading software businesses that develop specialized, missioncritical software solutions to address the specific needs of. Companies like donville kent use software and it services in our daytoday operations, and the use of these companies software and services. Stock analysis for constellation software inccanada csu.
I was going to write on this blog that he was responsible for what happens in his city, because hes the face of the town for me and many other investors from all across canada. When i interviewed canadas top growth investors jason donville, martin braun, peter hodson, martin ferguson, and ryaz shariff for my book, market masters, i. Constellation software is engaged in the provision of enterprise software solutions serving a variety of vertical markets. Get breaking news and analysis on constellation software inc. In early february, portfolio manager jason donville said constellation software would prove those who think the stock might end its meteoric rise this year wrong.
In trading on thursday, shares of constellation software inc toronto. Akrff, a gift card, loyalty marketing technology and services provider, announces the appointment of jason donville as a member of the board of directors. Like every investor, ive never been inclined towards weed stocks. Constellation software is an international provider of market leading software and services to a select number of industries, both in the public and private sectors. Speculation is to hope that something will happen with a stock. Three top stock picks from donville kents jason donville the. For the small investor, you cant trade in these markets. We basically got into some kind of a liquidity event in healthcare. Names like constellation software, open text and enghouse systems make. Analyze uptodate quarterly and annual reporting for constellation software inc. Constellation software will keep the party going in 2015. Constellation software reverse engineering a past thesis. Jason donville of donville kent asset management on constellation software inc csu and concordia healthcare corp cxr jason donville is a principle of donville kent asset management.
Subscribe now to my newsletter join 3,500 subscribers. Jason donville is president, donville kent asset management. That being said, we still think the stock is a buy and we own it in size. Constellation will double its size and earnings per share over. We have extremely low overlap with major indices and believe our unique portfolio is part of the. Life has been interesting for the last 60 days for growth investors, and in particular, healthcare has been pretty tough. When looking at north american technology stocks, investors. One of my core beliefs in becoming a better investor is a willingness to learn from past mistakes, whether they are from someone elses or my own. Constellation software declared a quarterly dividend on thursday, february th. Donville kent capital ideas fund april 2019 commentary valuewalk. Market call is canadas leading stock market callin program.
Email me now for a free copy of my new book capital compounders aside. Cnswf stock, price quote and chart, trading and investing tools. Announces results for the fourth quarter and year ended december 31, 2019 and declares quarterly dividend. Constellation software has obviously rebounded well from the late 2018 selloff.
Jason donville, an investor in constellation software for the past. My talk at the fairfax financial shareholders dinner 25. We invest in great businesses and aim to achieve compounding longterm returns. Dont fuck with donville a blog about finance and life. Jason donville is a principle of donville kent asset management, and he joins midas letter to discuss constellation software inc and concordia healthcare corp more room for canadian tech winners. Investor relations financial news constellation software inc. Ackroo appoints jason donville to board of directors. Now he is no where to be seen or heard a core theme was looking for stocks with a high roe. Constellation software trades on the toronto stock exchange tsx under the ticker symbol csu.
One recurring request was from investors who would like updates on both. My interview with jason donville of donville kent asset management originally appeared in my national bestselling book, market masters, which is available at chapters, indigo, and coles as well as costco and amazon. When i saw that guy, in july 2019, i immediately thought about jason del vicario, who represents vancouver in my mind. Constellation software inc leads canadian tech stock revival. Sure, like our biggest position has been for years constellation software, which is a software company that has very high margins, and largely because it acquires other software companies that are like the number one player in their space, and that entrenched position comes from intellectual property, the quality of their. Stockholders of record on monday, march 16th will be paid a dividend of 1. Toronto including stock price, stock chart, company news, key statistics, fundamentals and company profile.
Roughly 2 years ago when i was still in school, i wroteup constellation software, which i believe to be one of the best managed businesses in canada and on the planet sorry valeant fan boys. Constellation has a 30% roe and is trading on 21x 2020 cash earnings. To stock quote, history, news and other vital information to help you with your stock trading and investing. That can be painful at times, the same as it is for professional investors. You cant buy on a monday and sell on a friday and make money. Business lessons from mark leonard constellation software. Whatever the weed stocks did on the market, i never thought it was. Jason is currently 55 years old and jesse is 20 years his junior. Constellation softwares elusive ceo the globe and mail.
Speziale, a graduate of the university of waterloo, is the national bestselling author of market masters, which features exclusive conversations with canadas top investors, as well as lessons from the successful investor, which contains 85 important investment lessons that he learned throughout his own trials, tribulations, and. Jason is the president and ceo of donville kent asset management. Market outlook the tsx last peaked in the autumn of 2014 and has been in correction mode ever since. Constellation software leads canada tech revival bloomberg. The problem many of these stocks were highly leveraged. Tor financials, including income statements, growth rates, balance sheets and cash flow information. Donville kent asset management commentary for the month of april 2019, titled. Jason is the president and ceo of donville kent asset management dkam, a highly specialized asset management firm that manages investments on behalf of. A lacrosse pro turned hedge fund manager goes allin on tech. Anyone who likes reading berkshire shareholder letters will very likely enjoy leonards shareholder letters and his answers on earnings call transcripts. Constellation software, boyd, cgi, open text, alimentation couchetard, enercare, and mty food group. Enght january, 2020 its a miniconstellation software. These materials are provided by constellation newenergy, inc.
We are a toronto based north american longshort equity fund with a small cap bias. When you buy constellation software, you know the company has large revenues, large benefits, huge roe. I share in this video my talk at the fairfax financial holdings shareholders dinner capital compounders today 25 market beating stocks. May 6, 20, bloomberg news constellation software inc. View realtime stock prices and stock quotes for a full financial overview. Time weighted rate of return as of january 31, 2020, net of fees and expenses. Csu with tmxmoney, including balance sheets, cash flow and income statements. Most of these have been recommended by jason donville, but some others have been recommended by me and some other bad analysts. Csu will stop going up, but that wont happen in 2015, says one portfolio manager.
Donville kent capital ideas fund april 2019 commentary. Constellation software will keep the party going in 2015, says donville. Focus on companies that have enduring qualities that will be able to sail through the turbulence. V, akrff, a gift card, loyalty marketing technology and services provider, announces the appointment of jason donville as a. Three top stock picks from donville kents jason donville. Constellation softwares acquisition strategy has helped it surge 483% in five. Garp investor jason donville, ceo of torontobased donville kent asset management, is one of canadas most successful fund managers with a performance record thats second to none. A little bit of it was fundamental, but what we really had was 2 or 3 major groups who were owners of healthcare stocks who were forced to sell rapidly. Valeant pharmaceuticals intl inc, concordia healthcare. Csu entered into oversold territory, hitting an rsi reading of 29. The globe and mail describes part of what leonard has accomplished at constellation software.
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