Investment Q&A

Q: DHX
Dear 5i,
Could you please provide feedback on DHX's earnings? I thought they were fine but the market doesn't like it. I haven't purchased my second position and wondering if now is the time to buy more and average down. Thanks for all your advice.
Kerri

Q: Hi, Your comments on Badger Daylighting results just released, please. Stock has declined and traded $37-$38 recently.Is it a good time to add ? Thanks

Q: Hi team,
What is your opinion on the latest earnings report for DHX and BYD.UN both announced earlier this morning.
Thanks for all your great research.

Q: AYA has been soft the last few days. They announced that they are reporting Q1 on May 15. If you look at the chart for the week before Q4/FYE was recently announced, in hindsight, it appears that a "few" people knew the quarter was going to be soft. Would your long-term thesis change if AYA missed analyst expectations this quarter and do you think (without having a crystal ball) that based on the price action, although on low volume, investors are anticipating a repeat? What are your thoughts on the weakness?

Q: Mr. Hodson, Amaya (AYA) is indeed proving it is a volatile stock. What do you expect for 2014 First Quarter Earnings on May 15 ?
Recent news about New Jersey seem to be good, will the earnings
be ?

Q: How do you view the recent results of McCoy (MCB)? I had asked a previous question on them and you suggested that investors may be waiting for the next results. Think these results will tweak some interest?

Thanks.

Paul F.

Q: Very nice to see todays bump in Avigilon . Also note that on May 9th, there was an insider purchase of 5700 shares at $20.18 which is very encouraging. Hopefully investors are seeing there is some very good value in this stock. Do you have any comments on todays bump? Tks, Bill

Q: Hello, I've owned TD for a while and have a nice gain but I was thinking of switching it into Home Capital Group since Home Capital has better growth numbers. What do you think?

Q: I know you have answered a lot of questions recently about Avigilon (AVO), but I feel compelled to ask one more anyway. The price continues to drop every day with no relief. In the absence of any news form either the company or any other source, is there some price point or percentage drop at which you might simply consider it wise to cut the loss and get out? There doesn’t seem to be any buyers stepping in and at some point shouldn’t an investor give some credence to the combined wisdom of the market? I find it worrisome that in the face of the market reaction the company has not put out any type of clarification or press release that might calm investors.

Steven

Q: I took a fairly large position in avigilon 19.20, i have read all your comments, but the stock is acting like maybe the whole company is a scam and a sham.i know their earnings were good, the stock is down by half since its high, so why does this capitulation keep going on, it cannot be because the cfo resigned because of health reasons,avigilon is acting like a u.s. Stock that sometimes gets hammered way beyond what it deserves. Your comments. Dave

Q: AVO - bottom line

Obviously, everyone is out considerable (% wise) with the recent "decent after news" scenario.

If you were in our/my shoes Peter, and you down 35%, would you sell and be done with it, sit tight and take the long term view (what I want to do) or buy more at these relatively discounted prices?

Thanks for all you do Peter and Family

Gord

Q: Re: TCN.TO
I'm surprised that nobody asked about TCN.TO quarterly results. I thought it is a popular one but it seems like I am wrong. What's your take anyway.
By the way, I think it maybe a better idea to give a rough evaluation on popular companies in 5i coverage when anything significant happens, so that you may save some time spent reading repetitive questions.
Thank you!

Q: How do you view the chances of a competitor (or another company wanting AVO's technology) acquiring Avigilon? I believe in the past you said this was probably the end result for Avigilon.

It seems to have a unique technology offering and after a nearly 50% decline in the share price it would seem like an opportune time.

Thanks.

Q: Avigilon -- The Next Generation -- I apologize in advance for this question, and I'll reprimand myself at great length later -- but I am very interested in the support pricing on AVO. I had recently requested your "great Canadian pick" for my grandson's legacy, and you had suggested this stock. Not that I don't agree with you, but at the same time I was wondering whether I should be buying now, or wait a bit longer. My TD Technicals show that AVO has an intermediate support level of $11.25 and a longer term support of $17.09. Ouch. I mean, really "ouch" (since I own the stock in my own registered portfolio and am hanging on with fingernails after 30% loss.) In any case, since I'm in for the longer term, would you advise waiting a bit -- ie. do the technicals look to you like they may actually bottom out around the $12 level. I realize you don't dabble too much in technicals, and I respect that, but still you must have come across this type of selling before, in your profession, and was wondering what your gut tells you on this one. Sorry again, for two questions in two days, but I promise I'll hide for a while after this! Thanks, as always.

Q: Liquor store reported earnings today, and the stock is down 6% what is your opinion on the earnings, and management turn around strategy?

Q: Technically, SYZ looks like it is setting a slanted base - not surprising after such a run

I would appreciate your fundamental view on the company at this point. If all is the same (or better :-)) as a few months ago, I may start getting in

Thanks

Q: Could I please have your comments on first quarter results from Aston Hill(AHF)out today.
Thanks for all your help.
Garry

Q: I own Avigilon (AVO) and would like to know how much they spend on research and development as a percentage of revenues and earnings.

Thanks

Q: Peter; From your experience do you think a lawsuit could be launched over the last new financing claiming the company knew, or should have known, a material change was coming- re the quick exit of the CEO? Thanks. Rod

Q: My question is with respect to growth stocks which we know are rapidly losing favour in a shift to value stocks. In this environment and knowing declines could continue for some time, why would an investor not sell growth stocks and move to value stocks? It doesn't seem to me prudent to keep riding the wave down.But I know market timing is a mug's game.
Also, given its size, is Constellation Software (CSU) a growth or value stock or is it a bit of a hybrid?
Thank you, Peter