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Calian Group Ltd. (TSX:CGY)

Founded in 1982, Ottawa-based Calian employs over 2,900 people in its two information technology divisions. It has offices and projects in Canada, the U.S., and around the world. Its Ottawa-based Business and Technology Services (BTS) division caters to industry and governments in health, engineering, training, and IT services. Its Saskatoon-based Systems Engineering Division (SED) plans, designs, and implements complex communications systems for many of the world’s space agencies and leading satellite manufacturers and operators. The company also provides contract manufacturing for both military and private sector customers in North America.


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Income Investor

Selling at 36 times earnings and with the shares marking time over the last year and a half, it’s worth taking half profits on Calian. Sell half for a 113% profit. - Gavin Graham

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CGY was first recommended here on July 24, 2017