Q: Please,the expected EPS & REV of CGX,which is reporting Nov.10.Thanks a lot
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Investment Q&A
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Q: Some observations:
ACQ is finally stating that they are concentrating on acquiring dealerships in eastern Canada as opposed to western Canada. This is very good I believe. They are to acquire 6 by May? 2016, having acquired 2 Nissan dealerships in Ottawa, Ontario recently, so 4 more to go.
ACQ has stopped being a dividend grower as there has been no growing over the past four quarters. Stopped as in they had been increasing the dividend every 1/4 since they started paying.
I suspect the glory days are over for ACQ in so far as its rapid share price growth and it has become a more "traditional company" slower grower of revenues..., dividend and share price as automobiles will still need to be bought/sold and serviced for years to come. At least until self-driving autos become dominant.
I think it is "reasonably priced" now. It had gotten way ahead of itself when it was, say, $60+.
Stan
ACQ is finally stating that they are concentrating on acquiring dealerships in eastern Canada as opposed to western Canada. This is very good I believe. They are to acquire 6 by May? 2016, having acquired 2 Nissan dealerships in Ottawa, Ontario recently, so 4 more to go.
ACQ has stopped being a dividend grower as there has been no growing over the past four quarters. Stopped as in they had been increasing the dividend every 1/4 since they started paying.
I suspect the glory days are over for ACQ in so far as its rapid share price growth and it has become a more "traditional company" slower grower of revenues..., dividend and share price as automobiles will still need to be bought/sold and serviced for years to come. At least until self-driving autos become dominant.
I think it is "reasonably priced" now. It had gotten way ahead of itself when it was, say, $60+.
Stan
Q: hi Peter It appears win has reached the floor around the $1.50.
What catalyst do you and your team feel it would take to get it up.
Should one take the loss now and move on or sit on it?
It in all like hood be dead money for a long while.
Appreciate your comments
Regards Stan
What catalyst do you and your team feel it would take to get it up.
Should one take the loss now and move on or sit on it?
It in all like hood be dead money for a long while.
Appreciate your comments
Regards Stan
Q: Hi there
I am a bit puzzled as I hold Western Forest Products WEF which has gone up about 15% in the last week. Yet Acadian Timber, which I also hold, has gone down about 20% since its peak of $21 and it fell in price all this week. I bought in today at 17.40 yet it continued to fall as low as 16.57 later on Friday. It has been falling in price despite a strong earning report last week, a dividend increase and a strong US housing market. Just wondering what am I missing? Wondering if I should be adding more to my position of 2.5 of my portfolio?
Much thanks
Stuart
I am a bit puzzled as I hold Western Forest Products WEF which has gone up about 15% in the last week. Yet Acadian Timber, which I also hold, has gone down about 20% since its peak of $21 and it fell in price all this week. I bought in today at 17.40 yet it continued to fall as low as 16.57 later on Friday. It has been falling in price despite a strong earning report last week, a dividend increase and a strong US housing market. Just wondering what am I missing? Wondering if I should be adding more to my position of 2.5 of my portfolio?
Much thanks
Stuart
Q: Would you hold off investing in this till at least oil shows a sign of a sustainable rebound? The jobs report that came out said Alberta lost 11,000 jobs overall in October(but Edmonton gained 3000 net I think) and the Canadian economy overall is not that great (Canada did add like 40,000 jobs but over 30,000 were part time) The Canadian dollar falling really hasn't even impacted exports that greatly and manufacturers from the US still say Canada is not competitive enough to reverse the trend. So would you likely wait till next summer to think about investing? I feel as though they bought their dealerships out West at the top of the market and are now buying dealership out east at a possible top. Also I don't really believe that the VW scandal will have no impact on their 5 dealerships, that has to hurt the brand overall, it doesn't matter if it only effects diesels. Also they missed the lowest of the lowered expectations for this quarter when Auto sales in Canada were fairly strong I thought? There was allot of potential here before, but right now I just see too much risk I think, and can't really decide if I should tie money up that may go nowhere for a year that would be better allocated somewhere else. Anyways, thanks ahead of time for your opinions.
Q: I have been holding this since 4$ a share. I am now feeling like there is an opportunity cost of holding this any longer.
"With our third quarter and year-to-date operating and financial results as the back-drop, we are looking forward to a strong finish to 2015 and towards ensuring AutoCanada being well prepared to face continued challenges in Alberta in fiscal 2016," stated Thomas Orysiuk, President & Chief Executive Officer. "In order to provide us with flexibility to execute on our continuing acquisition strategy and to fund our capital expenditure requirements, while maintaining appropriate operating liquidity, we are in advanced stages of negotiations towards expanding our revolving credit facility. As part of this process, we have amended our banking covenants to align with current industry lending practices. Together with our free cash flow from operations, the expanded revolving credit facility will provide us with the necessary flexibility to meet our capital requirements."
I did not like this and the 10% drop today is saying something although the volume isn't massive. I'm interpreting it as 'sell now and buy it back in 12 months' What do you guys suggest here?
On another note, this cold temperature is getting me and my wife exited about our upcoming CMS/5i cruise!
Thanks and have a great weekend.
"With our third quarter and year-to-date operating and financial results as the back-drop, we are looking forward to a strong finish to 2015 and towards ensuring AutoCanada being well prepared to face continued challenges in Alberta in fiscal 2016," stated Thomas Orysiuk, President & Chief Executive Officer. "In order to provide us with flexibility to execute on our continuing acquisition strategy and to fund our capital expenditure requirements, while maintaining appropriate operating liquidity, we are in advanced stages of negotiations towards expanding our revolving credit facility. As part of this process, we have amended our banking covenants to align with current industry lending practices. Together with our free cash flow from operations, the expanded revolving credit facility will provide us with the necessary flexibility to meet our capital requirements."
I did not like this and the 10% drop today is saying something although the volume isn't massive. I'm interpreting it as 'sell now and buy it back in 12 months' What do you guys suggest here?
On another note, this cold temperature is getting me and my wife exited about our upcoming CMS/5i cruise!
Thanks and have a great weekend.
Q: AS PRESIDENT OBAMA SORT OF PROMOTE RENEWABLE ENERGY OVER FOSSIL FUELS,I'M DISAPOINTED BY TODAY BEP HAIR CUT,I'M 72 AND 6% OF MY RETIREMENT PORTFOLIO ACCORDING TO 5I INCOME CRITERIA IS INVESTED WITH THIS SINKING BOAT,NEWERTHELESS HOW YUSTIFY A PE.OF 164,COULD YOU PLEASE EXPLAIN.
THANK YOU TO PETER & TEAM
THANK YOU TO PETER & TEAM
Q: Can you shed some light on why Enbridge has been beaten down the past few days? Is it a good time to add at these prices or do you foresee more downside. Thanks
Q: Do yesterday's results change your outlook for ACQ?
Q: I don't see were anyone has asked about the recent ACQ earnings, perhaps you could give us your thoughts.
Thanks
Mike
Thanks
Mike
Q: down 9 % on week. good time to add or is this crude related and going to decline further.
Q: Hello,
Probably you are sick entire of question regarding WIN, but I really need to clean up the dogs. Not sure why management took the action they did, but I'm down 53% and I'm thinking selling it now for tax purposes and re-evaluate in a month. The thinking is that many people will dump the stock for tax losses.
Any (similar) dividend payers? Similar in value not behavior. I'm looking at DCI, XSR but if you have any other please let me know.
Is it better to have them in a RRSP or regular account?
Thanks
M
Probably you are sick entire of question regarding WIN, but I really need to clean up the dogs. Not sure why management took the action they did, but I'm down 53% and I'm thinking selling it now for tax purposes and re-evaluate in a month. The thinking is that many people will dump the stock for tax losses.
Any (similar) dividend payers? Similar in value not behavior. I'm looking at DCI, XSR but if you have any other please let me know.
Is it better to have them in a RRSP or regular account?
Thanks
M
Q: Hello,
Do you think the yield is safe and would you consider a good time to re-enter the stock at current price at 7.80? I sold it last year for tax purposes.
Thanks
M
Do you think the yield is safe and would you consider a good time to re-enter the stock at current price at 7.80? I sold it last year for tax purposes.
Thanks
M
Q: Hi, would appreciate your comments on Stella Jones earnings released this morning. Any FX impact ? Thanks
Q: Could you give your opinion of Parkland's 3Q results. They charaterize them as "Strong".
Q: still hold this one quarter looks better than forecast I think.
Q: what is the future for the next 2 years
Q: One of your subscribers is cautioning that the major shareholders could take the company private and laugh all the way to the bank. Please explain: does that mean that current shareholders of wilan woukd receive next to nothing for their shares? I own a lot of wilan for the dividend Ha! and am wondering if like Graham it is time to get out.
Q: Can you comment on why there was such a neg rxn to their results? S this a good longterm hold in a TFSA?
Q: Hi Peter and Team,
I know you've been getting lots of AVO questions, but I want to get your thoughts on what it will take to finally move the stock up. It seems like the results were overall solid, and the fundamentals of the company are very much intact, but it just keeps getting punished. Do analysts and investors just generally dislike this company so much that it'll never get the benefit of the doubt. I'm starting to get a little impatient with it, as I'm sure a lot of others are.
Thanks,
Jordan
I know you've been getting lots of AVO questions, but I want to get your thoughts on what it will take to finally move the stock up. It seems like the results were overall solid, and the fundamentals of the company are very much intact, but it just keeps getting punished. Do analysts and investors just generally dislike this company so much that it'll never get the benefit of the doubt. I'm starting to get a little impatient with it, as I'm sure a lot of others are.
Thanks,
Jordan