May 22, 2017

International Road Dynamics

We feel BEARISH on the markets.

“It’s waiting that helps you as an investor, and a lot of people just can’t stand to wait.” – Charlie Munger

IRD.TO (ISIN: CA46026R1038)

International Road Dynamics Inc. (IRD) is a Canada-based company engaged in providing integrated systems and solutions for the Intelligent Transportation Systems (ITS) Industry.

MARKET: Toronto

http://www.irdinc.com/


Gain over the last quarter: +24 % 


Fair Value: CAD 4.20
Discount: Fairly priced
Average yearly return: 76%
Yield: N/A
Outperformer

 WiLan to acquire International Road Dynamics equity value of approximately $63.5 

million 

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