Investment Q&A

Q: If the price of TSGI continues to drop ,say to $35 US is it likely that the stock for sale will be priced below that figure?

Q: What is the financing price?Thanks for u usual great services & views

Q: I came across this when I was doing research on small cap funds and found this in the portfolio of Mawer New Canada funds. Seems to be a very good on most financial parameters. Seems to have high institutional holdings and has strong growth.
Your views on the future growth outlook. Being a $1 billion company in IT sector with umpteen number of players, do you think it has reached a saturation in Canadian market and may see moderation in growth rates compared to the past?
Would you recommend this stock or do you have better picks in the IT sector?

Q: I bought a half position on Friday. My bad luck, and with this public offering announcement I am down close to 5% today (Monday). Should I be looking to add now or later when they state the price, hold or bail.
Thanks

Q: The company looks good and valuation seems reasonable given growth prospects. I've seen your positive comments on it.
However, why are they not paying dividend?
Given recent news regarding Toys R Urs Im wondering if its a low margin business that is purely a volume play. Or is it too dependent on high capex and inventories which lock up cash flows for long periods. Two questions on this
1) What are the net profit margins like in this sector and specifically for Spin master
2) Does Spin Master make good free cash flows and is the FCF growth really good looking back historically? How do you see the future given their international spread
3) Why is the company not paying dividend if it has a stable business with reasonable growth? Is it because of focus on growth over rewarding shareholders?

Q: Hi 5i - WSP has been on a great run the last few years! I trimmed it back to 4% recently and wondered what your opinion of the company is (at $75)? Thanks, Neil

Q: Could you please comment on TSGI's press release announcing a proposed public offering of common shares?

Thank you, Peter

Q: Hi folks. New Flyer is a position I took last November and as a result I am down significantly. That said, I have been reading your responses to questions asked in which you stated in part; "we would not view NFI as an outright sell at this time. " This statement could indicate that it maybe a sell and you are not sure yet? Also I am wondering if the course issuer bid NFI announced on 11 June maybe in response to or in anticipation of, a further decline in the stock price?
Thanks All

Q: Hi 5i, my portfolio is marching along nicely thanks to your advice. I am questioning holding onto NFI. I am on par and have owned it for about 8 months. Because of exposure to tariffs, I'm wondering if it will stagnate and if a switch to PBH, one of your stock recommendations that I do not yet hold, might have more growth possibility in the coming year(s). Your thoughts are appreciated. Thanks!

Q: Over the years I've adjusted my portfolio so that it's almost identical to the balanced portfolio. So I own SJ as of now. I see that you recently sold it and AIF but have only purchased TSGI. Will you be adding another new stock soon to replace SJ? Thanks for all of your expertise. Cheers
ANdy

Q: Follow-up comment to the question asked by Cameron on CSU ever having been approached for a takeover.

Suggest reading the old annual President Letters for some very interesting CSU history.

Several years ago, when the shares were around $50, some large shareholders were unhappy with the stock valuation so the board of CSU tried to sell the company. They were unsuccessful. The sale process itself resulted in a rise in share price and liquidity for investors who were looking to get out. The board found the process to be very time consuming and distracting and were glad to put it behind them and go back to growing the business. Stock is up 20 fold since then.

Lets hope the business can continue for several more years before the last chapter is written.

Q: Has CSU ever been approached for a takeover? 5i (and others) obviously think very highly of them...why have they not been picked up by a bigger player in all their years of excellence?

What are you opinions on a takeover - who could do it and would they?

Q: Hi 5i I was interested in stars and have not really bought anything for growth. (Mainly on weakness and very large companies) should I buy this on weakness? or on a new 52 wk high? Or just buy it and forget about short term gyrations?
Thanks for all your help and the webinar was great thanks Mark

Q: do you knoe the issue price of the shares with the latest offerings? Thx

Q: I feel like I should be buying more KWH.UN ...
I am down 20% since I bought it but I love the monthly dividend. I have a 5% position in it now. Would you be comfortable at a 7% position?

Q: I understand that there is some concern about NFI in the light of the NAFTA dialogue. I would also like to know if there has been transactions involving insiders in, say, the last three months. Thanks for the great service.

Q: Could you assess this company and potential growth. It has performed well over the past 9 years. Can it sustain this trend given interest rates and it's debt load.

Q: Hi Guys,

I was thinking of buying SIS at $16.60. After reading many of your answers I know you really like the company.

Why does the stock price keep dropping going against your recent recommendations?

Do you see a problem with their Chinese factory and importing goods into the US especially with how "Donald" is acting?

Any comments would be appreciated.

Thanks
John

Q: Would you expect PBH to hold up as well as Loblaw in a downturn? I hold both as part of my non-cyclical portion of my portfolio but I view PBH's growth prospects as greater and am therefore considering selling Loblaw. I realize that Loblaw is significantly larger although your report shows PBH's shares did hold up well in the last recession. My main concern with PBH is that a significant portion of revenues/profits comes from specialty foods. Would you expect this sector to hold up well in a downturn as I don't know if PBH product mix has changed significantly since 2008? I have no intention of selling PBH - I am just wondering if I can find a better substitute for Loblaw.

Appreciate your insight.

Paul F.

Q: Hi,
All the forecasts I’ve read for 1 year target for photon put it around 2.2-2.25. At 2.3 today, do you see much upside left or is the best part of this ride over? I’ve done well with it, so thanks to 5i for making me aware of it. If I was to cash out, do you have any other names for high growth companies that you would recommend a switch to? please name your top 3-4 as I own many of the companies you regularly recommend.

Thanks