Q: avo - any thoughts on the latest acquisition?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: For a TFSA of $35 000 with Amaya(AYA)representing 75% and CGI (GIB.A) 25%, where would you advise putting an additional contribution of $5 500 ? Both are good companies. Would adding to these companies make any sense, or is there enough there, and some diversification would be advisable ? What about putting this additional contribution in GIB.A ? Thank you kindly for your advice.
Q: Happy New Year Peter and associates,
I own shares of Descartes Systems(DSG); is there a point in also owning shares of BSM Technologies (GPS)?
Tony Sepetdjian
I own shares of Descartes Systems(DSG); is there a point in also owning shares of BSM Technologies (GPS)?
Tony Sepetdjian
Q: Can you comment on the two most recent acquisitions that Descartes made?
Thank you
Peter
Thank you
Peter
Q: My question is about Great Canadian Gaming Inc. (GC).
In your recent report you gave this company a B rating. I am trying to understand how this came to be. I most definitely do not understand something as I do not see this in a positive light (but you have proved me wrong many times and I am trying to learn). The following is what I have read in your report.
- The company pays no dividend and has high debt.
Additionally, reading the section on "Recent financial results" the following stood out when I read it.
- For the 9 month period, revenue was $305.9 million, basically FLAT compared to the prior period.
- These arrangements are NOT as attractive as the previous ones and overall revenues have DECLINED from these facilities.
- Boulevard also produced REDUCED revenues due to proximity of highway....
- These negatives were offset by IMPROVEMENT in the other casinos, notable River Rock (sounds like we're putting our eggs in one basket)
- For the 9 months, adjusted net earnings were $34.9 million, DOWN 4% from last year.
Additionally, I do not believe that I read about much growth. In the "Growth" section of the report.
- Growth can come from the of new sites, BUT this ability to grow is strictly controlled by provincial/state regulations.
- The Ontario Lotto and Gaming Corporation is evolving its operations in Ontario which MAY present opportunities for GC.
Overall, what I feel I read is that the company pays no dividend, has lots of debt, its financial numbers are flat (if not decreasing), growth is a possibility (however it is out of the companies control) and there are "exceptionally tight regulations and any violations are met with strict penalties, ...". How would this be a "B" company? Especially if we also consider that the stock has already had a run up.
I have missed a number of your great stock opportunities due to my incorrectly questioning your analysis. This time I thought I would ask before writing it off for other opportunities.
Thanks again. There is no rush to respond to this question. It can go at the bottom of the list.
In your recent report you gave this company a B rating. I am trying to understand how this came to be. I most definitely do not understand something as I do not see this in a positive light (but you have proved me wrong many times and I am trying to learn). The following is what I have read in your report.
- The company pays no dividend and has high debt.
Additionally, reading the section on "Recent financial results" the following stood out when I read it.
- For the 9 month period, revenue was $305.9 million, basically FLAT compared to the prior period.
- These arrangements are NOT as attractive as the previous ones and overall revenues have DECLINED from these facilities.
- Boulevard also produced REDUCED revenues due to proximity of highway....
- These negatives were offset by IMPROVEMENT in the other casinos, notable River Rock (sounds like we're putting our eggs in one basket)
- For the 9 months, adjusted net earnings were $34.9 million, DOWN 4% from last year.
Additionally, I do not believe that I read about much growth. In the "Growth" section of the report.
- Growth can come from the of new sites, BUT this ability to grow is strictly controlled by provincial/state regulations.
- The Ontario Lotto and Gaming Corporation is evolving its operations in Ontario which MAY present opportunities for GC.
Overall, what I feel I read is that the company pays no dividend, has lots of debt, its financial numbers are flat (if not decreasing), growth is a possibility (however it is out of the companies control) and there are "exceptionally tight regulations and any violations are met with strict penalties, ...". How would this be a "B" company? Especially if we also consider that the stock has already had a run up.
I have missed a number of your great stock opportunities due to my incorrectly questioning your analysis. This time I thought I would ask before writing it off for other opportunities.
Thanks again. There is no rush to respond to this question. It can go at the bottom of the list.
Q: Hello,
Is ESL still a buy at this price?
Would you choose ESL or AYA if you could only buy one of them?
Thanks,
Carla
Is ESL still a buy at this price?
Would you choose ESL or AYA if you could only buy one of them?
Thanks,
Carla
Q: Fiera is a money manager, has grown by acquisition, which is the only way to grow in the pension management business. What do they do when they run out of new operations to acquire? I would like for long term hold for the dividend and growth, I would appreciate your view on weather Fiera Capital would work for me? Thanks Barry love your site
Q: BEP.un What little I know about stocks is from reading Ben Graham type of stuff- so when I look at the balance sheet of Brookfield- it looks perilous. And then to look at WPK as you note it as no debt at all. BEP.un is an A and Wpk is a B. I don't get it?
Q: I have been considering taking a position in First Service Corp. (FSV)and one of the things that I like to look at is insider buys and sells. Over the last 6 or so weeks there has been substantial insider selling. I realize that insiders sell for a variety of reasons, some of which may be for their own reasons rather than Corporate developments, but the selling recently has been quite significant, which makes me hesitant about adding this company to my portfolio. It would appear that insiders are not confident about further share appreciation from current levels. Your comments would be appreciated.
Q: Re: BPF.UN
Boston Pizza is down about 5% since it was decided that importing cheese and pepperoni was no different than importing cheese and was an affront to the Quebec dairy lobby. Do you feel this is a temporary or longterm setback? I note that PZA has fared better.
Boston Pizza is down about 5% since it was decided that importing cheese and pepperoni was no different than importing cheese and was an affront to the Quebec dairy lobby. Do you feel this is a temporary or longterm setback? I note that PZA has fared better.
Q: Could I have your comments on the impact of a falling Canadian dollar on Winpak's (WPK) future prospects.
Thank-you.
Thank-you.
Q: Hi 5i :win was up 4+% last two days and traded 11m shares on fri. do you have thoughts or comments .
Q: hi, on WIN: it was removed from some indexes which triggered a lot of selling on friday afternoon. similar high volume was seen on other stocks added/removed, such as sgy, bxe and others.
Q: Do you think enghouse(esl), could be a five or ten bagger like constellation software(csu), thanks?
Q: Hi
There was a big spike in volume on WIN Friday.
In your opinion what could be the reason?
Merry Christmas and have a Happy New Year.
Once again great service
Looking forward to 2014.
Hersh
There was a big spike in volume on WIN Friday.
In your opinion what could be the reason?
Merry Christmas and have a Happy New Year.
Once again great service
Looking forward to 2014.
Hersh
Q: Thanks to your reviews I bought XTC Exco a while back and have done very well with it. Its recent announcement has given a nice bounce to the stock today and I wonder if its getting ahead of itself.
Its now 6% of my portfolio and its been my policy to start to trim back although with this one I'm considering letting it run up and trim back at 8%. My time horizon is 5 years plus.
Would appreciate your thoughts and do you see any change in your current rating.
Many thanks
John
Its now 6% of my portfolio and its been my policy to start to trim back although with this one I'm considering letting it run up and trim back at 8%. My time horizon is 5 years plus.
Would appreciate your thoughts and do you see any change in your current rating.
Many thanks
John
Q: Your comments on Enercare would be much appreciated. Can the dividend considered to be relatively safe?
Many thanks for this truly valuable service, and Merry Christmas to the 5i staff.
Many thanks for this truly valuable service, and Merry Christmas to the 5i staff.
Q: Badger Daylighting went down almost 4% today. Are you aware of any specific reason for this fall? Thanks, Helen
Q: ACQ Buy, sell or hold at this point?
Thanks so much for your reply.
Thanks so much for your reply.
Q: Peter and Team. All the best for the holidays and continued success in 2014. Any idea what might be going on at K-Bro Linen (KBL). 5% move up in a day is unusual. Many thanks, Keith