CMH.TO - Carmanah Technologies Corporation

Toronto - Toronto Delayed Price. Currency in CAD
7.35
+0.01 (+0.14%)
At close: 3:33PM EDT
Stock chart is not supported by your current browser
Previous Close7.34
Open7.35
Bid7.34 x 0
Ask7.35 x 0
Day's Range7.35 - 7.35
52 Week Range3.39 - 7.35
Volume398,100
Avg. Volume147,920
Market Cap134.343M
Beta (3Y Monthly)N/A
PE Ratio (TTM)3.26
EPS (TTM)N/A
Earnings DateMay 10, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est5.54
  • GlobeNewswire

    CMH Acquisition Corp. Completes Acquisition of Carmanah

    Carmanah Technologies Corporation (CMH.TO) (the “Company” or “Carmanah”) announce today the completion of the previously announced plan of arrangement under Part 9, Division 5 of the Business Corporations Act (British Columbia) (the “Arrangement”), whereby CMH Acquisition Corp. (“CMH”) has acquired all of the issued and outstanding common shares of the Company (the “Common Shares”) it did not already own for C$7.35 per Common Share for aggregate proceeds of $85,887,344.55. Prior to the completion of the Arrangement, CMH acquired 5,755,967 Common Shares from James Meekison, Terry Holland, and John Simmons, or entities controlled by them, in exchange for certain shares and promissory notes of CMH.

  • GlobeNewswire

    Carmanah Securityholders Approve Plan of Arrangement with CMH Acquisition Corp.

    Carmanah Technologies Corporation (CMH.TO) (the “Company” or “Carmanah”) announced the voting results from today’s special meeting (the “Meeting”) of the holders (the “Shareholders”) of common shares of the Company (the “Common Shares”) and the holders (the “Optionholders” together with the Shareholders, the “Securityholders”) of options to purchase Common Shares. At the Meeting, the Securityholders were asked to consider and, if deemed advisable, pass a special resolution (the “Arrangement Resolution”) approving a statutory plan of arrangement involving CMG Acquisition Corp. (“CMH”), JDM Investment Holdings Inc. and TMH Capital Limited Partnership pursuant to Part 9, Division 5 of the Business Corporations Act (British Columbia) (the “Arrangement”), whereby CMH will acquire all of the issued and outstanding Common Shares it does not already own for C$7.35 per Common Share.

  • GlobeNewswire

    Carmanah Provides Update on Expected Tax Treatment of Purchase Price for Going Private Transaction

    In connection with the previously announced going private transaction, Carmanah Technologies Corporation (CMH.TO) (the “Company” or “Carmanah”) requested an advance tax ruling from the Canada Revenue Agency (the “CRA”) to determine whether the cash sale proceeds to be received by shareholders in connection with the going private transaction will be treated entirely as “proceeds of disposition” for the purposes of a capital gain (or loss) calculation, or whether they will instead be treated in part as a deemed dividend. Carmanah has now been informed by the CRA that it will rule that part of the proceeds received by shareholders in connection with the transaction will be a deemed dividend.

  • GlobeNewswire

    Globalstar Purchases Carmanah’s SmartOne Solar™ Intellectual Property Assets

    Carmanah Technologies Corporation (CMH.TO) (the “Company” or “Carmanah”) announced today it has sold to Globalstar, Inc. (“Globalstar”) a perpetual license to use its SmartOne Solar™ intellectual property as well as other assets, including production equipment. The SmartOne Solar™ is a solar-powered IoT asset tracking device (with ATEX and intrinsically safe certifications) that provides a low power and secure monitoring solution for a variety of security applications. The purchase agreement releases both parties from the exclusive supply agreement signed in August 2016, under which Carmanah designed and manufactured Globalstar’s SmartOne Solar™.

  • CNW Group

    CMH Acquisition Corp. Enters into Arrangement Agreement for Going Private Transaction

    CMH Acquisition Corp. Enters into Arrangement Agreement for Going Private Transaction

  • GlobeNewswire

    Carmanah Enters into Arrangement Agreement for Going Private Transaction

    VICTORIA, British Columbia, July 04, 2019 -- Carmanah Technologies Corporation (TSX: CMH) (the “Company” or “Carmanah”) announces that it has entered into an arrangement.

  • GlobeNewswire

    Carmanah Announces Results of Annual General Meeting

    VICTORIA, British Columbia, June 21, 2019 -- Carmanah Technologies Corporation (TSX: CMH) (“Carmanah” or the “Corporation”) today announced the voting results from its annual.

  • GlobeNewswire

    Carmanah Announces Normal Course Issuer Bid

    Carmanah Technologies Corporation (CMH.TO) (“the Company” or “Carmanah”) today announced that the Toronto Stock Exchange (the “TSX”) has accepted the Company’s notice of its intention to make a normal course issuer bid (the “Bid”) to purchase up to 971,709 of its common shares, representing approximately 10% of its public float as of May 31, 2019. Purchases pursuant to the bid will be made on the open market through the facilities of the TSX or alternative Canadian marketplaces. The period of the Bid will begin on June 13, 2019 and will continue until June 12, 2020 or an earlier date should the Company complete its purchases.

  • Thomson Reuters StreetEvents

    Edited Transcript of CMH.TO earnings conference call or presentation 10-May-19 1:00pm GMT

    Q1 2019 Carmanah Technologies Corp Earnings Call

  • ACCESSWIRE

    Carmanah Technologies Corp. to Host Earnings Call

    NEW YORK, NY / ACCESSWIRE / May 10, 2019 / Carmanah Technologies Corp. (NYSE: CMH ) will be discussing their earnings results in their 2019 First Quarter Earnings to be held on May 10, 2019 at 9:00 AM ...

  • GlobeNewswire

    Carmanah Reports First Quarter 2019 Results

    VICTORIA, British Columbia, May 09, 2019 -- Carmanah Technologies Corporation (TSX: CMH) (“the Company” or “Carmanah”) today reported its first quarter 2019 financial results.

  • GlobeNewswire

    Carmanah Announces Receipt of Non-Binding Proposal to Purchase Outstanding Shares

    Mr. Meekison and Mr. Holland are both current directors of Carmanah and, together, own or control a total of 5,709,904 common shares, representing in aggregate approximately 30.3% of the currently issued and outstanding shares of Carmanah. In response to the Proposal, Carmanah has established a special committee of its board of directors consisting of Ms. Sara Elford who is a fully independent director.  The special committee’s mandate is to consider the Proposal and any potential alternative transactions and ultimately make a recommendation regarding the course of action which it considers to be in the best interests of Carmanah.  At this point, the special committee has not come to any conclusions regarding the Proposal or any potential alternative courses of action.

  • GlobeNewswire

    Carmanah Announces Release Date for First Quarter 2019 Financial Results and Conference Call

    Carmanah Technologies Corporation (CMH.TO) (“the Company” or “Carmanah”) will release its first quarter 2019 financial results on Thursday May 9th, 2019 after market close. Carmanah has scheduled a conference call for analysts at 6:00 am PT (9:00 am ET) on Friday May 10th, 2019. To access, dial 1.866.229.4144 (Canada toll free) or +1.888.424.8151 (US toll free) approximately five to ten minutes prior to start time.

  • Did You Miss Carmanah Technologies's (TSE:CMH) Impressive 177% Share Price Gain?
    Simply Wall St.

    Did You Miss Carmanah Technologies's (TSE:CMH) Impressive 177% Share Price Gain?

    When you buy a stock there is always a possibility that it could drop 100%. But on a lighter note, a good company can see its share price rise well over 100%. One great example is Carmanah Technologies Corporation (TSE:CMH) w...

  • Thomson Reuters StreetEvents

    Edited Transcript of CMH.TO earnings conference call or presentation 28-Mar-19 1:00pm GMT

    Q4 2018 Carmanah Technologies Corp Earnings Call

  • GlobeNewswire

    Carmanah Reports Fourth Quarter, and Fiscal 2018 Results

    Carmanah Technologies Corporation (CMH.TO) (“the Company” or “Carmanah”) today reported its fourth quarter and fiscal 2018 financial results for the periods ended December 31, 2018. All figures below, unless otherwise stated, are for Carmanah’s continuing operations and exclude the operating results from the Company’s discontinued operations, which include the Power division (divested in 2017) and the Marine, Airfield Ground Lighting and Aviation Obstruction divisions (divested in 2019). The Offshore segment of our business was previously included within the Signals segment, but due to the sale of a significant portion of Carmanah’s assets to SPX Corporation on February 1, 2019, including all of the issued and outstanding equity interests in its Marine, Airfield Ground Lighting and Aviation Obstruction Lighting businesses as well as some miscellaneous business assets that support the businesses sold (the “SPX Divestiture”), and the subsequent reclassification of results to discontinued operations, the Company determined that its Offshore Wind vertical now meets the definition of a reportable segment in accordance with IFRS 8 – Operating Segments.

  • GlobeNewswire

    Carmanah Announces Release Date for Fourth Quarter 2018 Financial Results and Conference Call

    Carmanah Technologies Corporation (CMH.TO) (“the Company” or “Carmanah”) will release its fourth quarter 2018 financial results on Wednesday March 27th, 2019 after market close. Carmanah has scheduled a conference call for analysts at 6:00 am PT (9:00 am ET) on Thursday March 28th, 2019. To access, dial 1.866.229.4144 (Canada toll free) or +1.888.424.8151 (US toll free) approximately five to ten minutes prior to start time.

  • GlobeNewswire

    Carmanah Completes Asset Sale to SPX Corporation

    VICTORIA, British Columbia, Feb. 01, 2019 -- Carmanah Technologies Corporation (TSX:CMH) (the “Company” or “Carmanah”), announced today that it has completed the sale of a.

  • GlobeNewswire

    Carmanah Announces Results of Special Meeting

    Carmanah Technologies Corporation (CMH.TO) (the “Company” or “Carmanah”) today announced the voting results from its special meeting held on January 22, 2019. The shareholders voted in favour of a special resolution (the “Transaction Resolution”) approving an asset sale contemplated by a purchase agreement dated December 12, 2018 between the Company and SPX Corporation (the “Transaction”).

  • Carmanah Technologies Corporation (TSE:CMH) Insiders Increased Their Holdings
    Simply Wall St.

    Carmanah Technologies Corporation (TSE:CMH) Insiders Increased Their Holdings

    We've lost count of how many times insiders have accumulated shares in a company that goes on to improve markedly. On the other hand, we'd be remiss not to mention Read More...

  • Thomson Reuters StreetEvents

    Edited Transcript of CMH.TO earnings conference call or presentation 15-Nov-18 2:00pm GMT

    Q3 2018 Carmanah Technologies Corp Earnings Call

  • ACCESSWIRE

    Today's Research Reports on Titanium Corp., Solar Alliance Energy, Bevo Agro and Carmanah Technologies

    NEW YORK, NY / ACCESSWIRE / January 4, 2019 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • GlobeNewswire

    Carmanah Announces Agreement to Sell Assets to SPX Corporation

    “We are very pleased with this transaction”, said John Simmons, Chief Executive Officer of Carmanah. “Not only is it fairly valued but also creates numerous opportunities for employees and customers alike.

  • ACCESSWIRE

    Today's Research Reports on Columbus Gold, Hydrogenics, Bevo Agro and Carmanah Technologies

    NEW YORK, NY / ACCESSWIRE / November 26, 2018 / The Market Edge strives to provide investors with free daily equity research reports analyzing major market events. Take a few minutes to register with us ...

  • How Should Investors React To Carmanah Technologies Corporation’s (TSE:CMH) CEO Pay?
    Simply Wall St.

    How Should Investors React To Carmanah Technologies Corporation’s (TSE:CMH) CEO Pay?

    In 2013 John Simmons was appointed CEO of Carmanah Technologies Corporation (TSE:CMH). First, this article will compare CEO compensation with compensation at similar sized companies. Next, we’ll consider growth that Read More...