Investment Q&A

Q: Hi. I have 200 shares of TSGI in a TD RRSP account and 200 shares of TSGI in an Interactive Brokers margin cash account (account that can hold shares traded globally)

Unfortunately,the share offer by Fllutter is still below my purchase price.
Questions:
1) What should I do with the shares? Do you think I should hold or sell?
2) What do you think is the potential of the share after both giants merge?

Q: Hello,

I've recently acquired a half position (2.5% of my portfolio) in NFI Group. The company has announced several, large new orders since the beginning of August, is trading at a quite reasonable 12 times P/E ratio and is paying a very healthy dividend of approximately 6%. I have several questions however that I'm hoping 5i might be able to assist me with.

When NFI "sells" a bus do you know if they actually get paid whatever price has been agreed upon and are then free and clear of that transaction OR do they actually, typically either lease the vehicle to it's new "owner" or finance the sale price themselves in any way?

Are you able to please provide me with NFI's current dividend payout ratio, as well as with any information about what their dividend payout ratio may have been, on average, over the past 5 - 10 years? Have they ever cut or eliminated their dividend?

Do you believe that their recent acquisition of Alexander Denis Ltd. (ADL) might be exposed to any risks from Brexit?

Thank you!

Q: The Canadian Press October 2, 2019 said valuing the offer worth C$31.12 per TSGI share. Your thought please? Thanks

Q: AFN hit a12 month low today. at 38.97. 1. why is the share down 38 %. 2. what is the current payout ratio 3. is there any possibility of a dividend cut thanks Richard

Q: What is the expectation high for this, before the move to the UK exchange?

Q: Lspd is at low $28.... what would be the next support level for Lspd.? Thank you

Q: Hi,

What is going on with Sylogist and do you still recommend it ?

Thanks

Q: Over several years Savaria has grown and evolved from a Canadian company to one that now operates internationally. Is Savaria's leadership evolving accordingly? Does 5i feel that Savaria has identified, and is recruiting, new people to join the Board and Senior Management with the necessary experience and skills to help guide the firm in its next stage of growth?

Q: FYI I saw you thought the US listing might be kept. I was looking over the slides and listening to the presentation. On page 18 it states that neither US or Canada listing will be kept. It will trade in the UK and Dublin only. For myself (depending on the tax implications) this complicates things considerably.

Q: Any thoughts on the press release by Tricon? This looks like there may be a massive overhang on the stock. US holders of a TMX listed stock may not have a pretty outcome.

Q: Hi I asked about this stock Sep 9 when at 42.00 and you said no news now it’s down to 26 please comment I am puzzled On what to do buy sell or hold and why

Q: Hello 5i team,
I have read the first wave of questions yesterday. (1) I understand the probability of another bid is higher than zero: this probability is similar to what other deal over the last 2 years? From which entities could it come from? Private equity firm?
(2) Approximately when will the information about the tax consequences will become available (circular)?
(3) Wouldn’t be logical for the new company to trade on more than one exchange (London) since it is a merger of large entities active worldwide? Would it be announced in the circular?
(4)Do you expect the current large discount to persist until the Uk authorities release their decision?
(5) I am right to interpret market reaction this way: Flutter price says the deal is good and it is going to happen; TSGI price says the deal looks good, but not so sure it is going to happen?
(6) in this current context: at what discount % would recommend to sell or sell half of now ?
Thank you for your collaboration, Eric

Q: Could there be another company such as Fox or a private equity firm that might be interested in TSGI? Thx

Q: Hi Peter/Ryan I'm not one to want to hold UK shares of a company, I have 350 Shares of TSGI in my RRSP and TFSA stock accounts what would be the best thing to do at this point. Would you sell now or is there a chance the price will increase. Thanks, Nick

Q: Hi 5i,
What happened to winpak today? How accretive is the deal? Is the price move overly enthusiastic? (Typical of winpak not to require funding for the deal.) worth adding or hold?
Many thanks.

Q: Hello Peter, Another question and bit more direct as still had the shares at slightly higher price than trading today . Would you suggest holding if you see better future or sell and put money elsewhere where you see better potential ( considering the market meltdown today many are becoming more attractive - example 0 TEAM< TTD< ROKU). Thanks

Q: With this company leaving the Canadian and US exchanges what expenses would have to be paid to trade the combined shares in London.

Q: If tsgi was so cheap should a person continue to hold even though the new company trades on london.

Q: Not a question just an F.Y.I..... BNN just posted some numbers on the TSGI deal.... Flutter currently trading at $146.34 which puts a current value of $32.97 on TSGI shares. I wouldn't be too quick to sell at what the market is valuing TSGI after the announcement..

Q: its very interesting that tsgi is merging with this flutter group at about 28. a share.
i sold my tsgi shares over a year ago.
but really this is a horrible deal, what about all the shareholders who bought between 28 and 50 that are still holding it.
its really only a good deal if you bought at 19-20 and i am not sure there are many of those.
even your portfolio exited long ago.i get it we were all in early with amaya but still this deal stinks.
comments dave