Q: Hello 5i
Can you please comment on Enhouse's acquisition of Sweden's Aktavara AB, announced early this morning. Many thanks.
Can you please comment on Enhouse's acquisition of Sweden's Aktavara AB, announced early this morning. Many thanks.
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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: Understand the gaming co Bwin is being sold. It is in the final stages as I understand. Now its beien reported that the insiders are buying shares at this stage, and also that the co will now be sold to Amaya. Have shares in Bwin and a small amount of Amaya. Question..what are the the Bwin shares worth based on insider buying. Obviously more than the figure quoted. What will that do to the Amaya shares as well. Could you advise what the price will be of Bwin at the end. Many thanks
Q: Dear 5i:
I own some CONSTEL SFTWR S1 FR31 MR40 CSU.DB and some
RTS-CONSTELLTN SFTW15SP15 CSU.RT.A.
What do you recommend I do with these? Appears there is a September expiry date for what?
Thanks for your advice, Klaus
I own some CONSTEL SFTWR S1 FR31 MR40 CSU.DB and some
RTS-CONSTELLTN SFTW15SP15 CSU.RT.A.
What do you recommend I do with these? Appears there is a September expiry date for what?
Thanks for your advice, Klaus
Q: Do you know why the 4% increase in price of Stantec today?
Q: Hi Guys,
As a follow up to my previous question. If you believe the numbers being reported by analysts are not correct and MDA does trade around a PE of 40,is your opinion of the company still an A? Any contemplated changes to the MDA report?
Thanks
John
As a follow up to my previous question. If you believe the numbers being reported by analysts are not correct and MDA does trade around a PE of 40,is your opinion of the company still an A? Any contemplated changes to the MDA report?
Thanks
John
Q: What is the situation for Gold Corp. during the next five months
Q: would you please give me your opinion on cipher pharmacy - I purchased it at $16.63 in December - should I hold or sell. Thank you.
Q: Hi 5i team,
I have applied the theory of letting the winners run in the BOS case since the late 1990's with great success. I can appreciate their journey from a very small cap to today, the stability of management, the limited share issuance, the dividend introduction and growth, the managed balance sheet, etc. as discussed in our question and answer of December 22nd, 2014.
I have two issues: the new level of their forward P/E and the weight in my portfolio. I am more used to a forward P/E multiple between 10x and 12x versus 25x (assumption of eps = 0,96 over the next 12 months). Is the 2015 version of BOS worth a P/E multiple twice as high as a few years ago? Even if this is the case, I now see less upside than in the past.
I used to see BOS as a solid/under-the-radar eps growth story with great multiple expansion potential. Now, BOS a grown up, and I see BOS as a solid eps growth story only, a state that could last for several years. I feel that BOS's role in my portfolio has changed a little bit. I feel I need to use some of this capital to prepare for the next growth phase of my portfolio.
For the second time over the last 15 or so years, I am tempted to sell a portion of my BOS's shares to decrease current weighting now reaching the mid-teens. No tax consideration, as the shares are in my RRSP. My alternative uses for this capital would be: decrease my leverage (exchange in kind with my cash account), increase dry powder, and some cherry picking buying of companies on discount sale (CXI, DHX.B, GUD, ?) which currently share some of the return upside BOS use to have (eps growth, and potential multiple expansion). Do you agree with this plan? Any other suggestions?
Thank you for your great advice, Eric
I have applied the theory of letting the winners run in the BOS case since the late 1990's with great success. I can appreciate their journey from a very small cap to today, the stability of management, the limited share issuance, the dividend introduction and growth, the managed balance sheet, etc. as discussed in our question and answer of December 22nd, 2014.
I have two issues: the new level of their forward P/E and the weight in my portfolio. I am more used to a forward P/E multiple between 10x and 12x versus 25x (assumption of eps = 0,96 over the next 12 months). Is the 2015 version of BOS worth a P/E multiple twice as high as a few years ago? Even if this is the case, I now see less upside than in the past.
I used to see BOS as a solid/under-the-radar eps growth story with great multiple expansion potential. Now, BOS a grown up, and I see BOS as a solid eps growth story only, a state that could last for several years. I feel that BOS's role in my portfolio has changed a little bit. I feel I need to use some of this capital to prepare for the next growth phase of my portfolio.
For the second time over the last 15 or so years, I am tempted to sell a portion of my BOS's shares to decrease current weighting now reaching the mid-teens. No tax consideration, as the shares are in my RRSP. My alternative uses for this capital would be: decrease my leverage (exchange in kind with my cash account), increase dry powder, and some cherry picking buying of companies on discount sale (CXI, DHX.B, GUD, ?) which currently share some of the return upside BOS use to have (eps growth, and potential multiple expansion). Do you agree with this plan? Any other suggestions?
Thank you for your great advice, Eric
Q: Hi Peter and Staff
Like many who added once it hit your portfolio,disappointed in the share price drop lately and now a dividend cut. I am hanging onto my oil producers and service companies,right or wrong in general wanting to be there for the bounce whenever it comes....Based on past comments about their cash position and company comment about M&A ,my thoughts would be to hang on to this one as well despite dividend cut as its chances for a bounce should be as good as others that pay a dividend like FRD,CFW,BDI,PHX,TDG and PD.....would you agree it is worth a hold if no rush?
Thanks for all you do
Dennis
Like many who added once it hit your portfolio,disappointed in the share price drop lately and now a dividend cut. I am hanging onto my oil producers and service companies,right or wrong in general wanting to be there for the bounce whenever it comes....Based on past comments about their cash position and company comment about M&A ,my thoughts would be to hang on to this one as well despite dividend cut as its chances for a bounce should be as good as others that pay a dividend like FRD,CFW,BDI,PHX,TDG and PD.....would you agree it is worth a hold if no rush?
Thanks for all you do
Dennis
Q: Good Morning
Do you see any drivers to improve SP on this stock? Recent departures seem to be weighing on the stock. I do not own AVO but wonder if it is fundamentally a good investment with a 3 year time frame?
Thanks for your help as always.
Do you see any drivers to improve SP on this stock? Recent departures seem to be weighing on the stock. I do not own AVO but wonder if it is fundamentally a good investment with a 3 year time frame?
Thanks for your help as always.
Q: I'm considering purchasing MRC, either in RRSP or non-registered account, depending on the nature of the distributions/dividends. Are they distributions like those paid out by say AX.UN or are they dividends like those paid out by say BNS?.....Thanks....Tom
Q: The recent 5i report on Morguard Corp describes the company as a REIT; having held it for many years I can state that I receive dividends qualifying for the dividend tax credit and not distributions as a REIT would pay, leading me to believe this is a REOC - an operating company like FCR. Please correct me if I'm mistaken.
I believe it has always traded at a discount to its NAV but if it were to be taken over or taken private it would likely be at a value closer to NAV. What is the current NAV per share? One way I like to look at the dividend is based on my purchase price, it's closer to 2%, not a half %. Thanks, J.
I believe it has always traded at a discount to its NAV but if it were to be taken over or taken private it would likely be at a value closer to NAV. What is the current NAV per share? One way I like to look at the dividend is based on my purchase price, it's closer to 2%, not a half %. Thanks, J.
Q: When there is a negative news in regards to a company like MCB, how long after this news is released do you tell your members? Are update only given bi-weekly or monthly when giving updates on your portfolios?
Q: Any thoughts on removing McCoy from the income portfolio (I purchased it for income) following the suspension of the dividend? It would be at a loss of course and what to replace it with?
Q: I have a question about C-COM Satellite Systems.
I have noticed that the stock has dropped to $0.95 with a 5% yield. However, there seems to be alot of insider buying. Is CMI a good buy at these levels.
Thanks, Alan
I have noticed that the stock has dropped to $0.95 with a 5% yield. However, there seems to be alot of insider buying. Is CMI a good buy at these levels.
Thanks, Alan
Q: Do you think the Bank Licence is Baked in the current price? Any idea
why the stock is being beaten up? Thanks
why the stock is being beaten up? Thanks
Q: Hi Peter & Team,
For a company that has held up fairly well during the various market meltdowns the past month, CXI has taken quite a beating in the past week or so. Is there any reason you know of? Are the fundamentals still solid on this company? And if so, would you recommend picking up some more at these prices? I already have a full position, but would like to get a bit aggressive and concentrate a bit more on what might be my highest potential holdings.
Thanks,
Jordan
For a company that has held up fairly well during the various market meltdowns the past month, CXI has taken quite a beating in the past week or so. Is there any reason you know of? Are the fundamentals still solid on this company? And if so, would you recommend picking up some more at these prices? I already have a full position, but would like to get a bit aggressive and concentrate a bit more on what might be my highest potential holdings.
Thanks,
Jordan
Q: Is there any reason for the recent drop in CXI (I can't find any news) or is it just market noise. If so do you feel it's safe to add more. I have a very small position at present
Q: Hi All,
I would like to add an engineering firm to my portfolio. is this a good time to do so? If so, which would you recommend?
Thanks so much.
Dennis
I would like to add an engineering firm to my portfolio. is this a good time to do so? If so, which would you recommend?
Thanks so much.
Dennis
Q: Could I please have your thoughts on cpx?
Thank you
Thank you