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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I am break even in my holding of STN in my RRSP account. It had a large gain today and reports tomorrow. I am considering selling that position and trading into a stock in the same sector, such as NFI, WSP or MDA, all of which have had recent pullbacks. What would be your recommendation for my RRSP?
Thanks, Peter

Peter
Read Answer Asked by Linda on November 10, 2016
Q: I don't own this stock, & know you are not a big fan of this stock, but I read a blog a week ago or so, where the person was highlighting the positive of this company. From what I recall it was stated that there div. was in the range of 40 -45% of cash flow. In there last q report there cash flow increased. Also, the miss was due to a change in progressing charges from a one time up front charge to a unit charge & he claimed this is what caused the miss on earnings. Would you agree with this statement. I question why they wouldn't cancel the div. & thus be able to pay down more than 20 million dollars as reported. Would greatly appreciate your insight.
Read Answer Asked by Earl on November 10, 2016
Q: Hi, Any comments/significance of following news.

Savaria President and CFO Exercise their Warrants
10:19 EST Wednesday, November 09, 2016
LAVAL, QUEBEC--(Marketwired - Nov. 9, 2016) - Savaria Corporation (TSX:SIS) ("Savaria" or the "Corporation"), one of North America's leaders in the accessibility industry, announces that a company wholly owned by Marcel Bourassa, President and Chief Executive Officer of Savaria and Jean-Marie Bourassa, Chief Financial Officer of Savaria, has exercised 500,000 warrants to acquire an equivalent number of common shares of Savaria at a price of $4.25 per share. Savaria will receive gross proceeds of $2,125,000 from the issuance of the shares.

The warrants were issued in connection with a bought deal private placement completed on April 15, 2014, and were set to expire on April 15, 2017. As of today, 1,004,750 warrants have been exercised, representing 35% of the 2,875,000 warrants issued in connection with the 2014 private placement.

Savaria now has 36,350,197 common shares issued and outstanding. Combined, Marcel and Jean-Marie Bourassa hold, directly and indirectly, 14,874,022 shares, representing 40.9% of the Corporation's issued and outstanding common shares.
Read Answer Asked by rajeev on November 09, 2016
Q: I have cash to add 3 new positions to my registered investment accounts. The current holdings are listed above. This is 15% of my portfolio. The other 85% is professional managed and well diversified in mutual funds. Can you recommend some Canadian stocks (that you have reports on) and ETFs that are the best purchases today that I should look into? Thanks, Matthew.
Read Answer Asked by Matthew on November 09, 2016