Q: I am thinking of adding Potash Corp to my retirement portfolio I do not have a lot of faith in commodities How strong is this company financially What is their payout ratio and how strong is their cash flow Thanks
Paul
Paul
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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: In response earlier today you indicated insiders own 9%. AGM info and 2014 press releases indicate Oakwest Corportation (Beutel Family Office) owns 29%/31% respectively. Would you view Beutel family involvement as positive, negative or neutral?
Q: You thoughts on the asset sale to Bell would be appreciated, in particular how this may change free cash flow (and dividend protection) going forward and is this not also setting up the value of the company in the event of a buy-out?
The sale price for Movie Central, Encore and HBO Canada was $211 million. They state that this was derived by taking adjusted 2015 segment EBITDA multiple for Pay TV of 6.7x.
Fiscal 2015 Corus had $260 million of TV segment profit.
Even ignoring the value of the radio stations (let's say that they wash out against 'Corporate' and other costs in the event of a break-up or buy-out), wouldn't this put the value (based on what Bell paid for the above) of the remaining TV component at $1,530 million ($260 million x 6.7 - $211 million), or above $17.50/share? Or am I taking a too simplified view of the break-up value of the assets?
The sale price for Movie Central, Encore and HBO Canada was $211 million. They state that this was derived by taking adjusted 2015 segment EBITDA multiple for Pay TV of 6.7x.
Fiscal 2015 Corus had $260 million of TV segment profit.
Even ignoring the value of the radio stations (let's say that they wash out against 'Corporate' and other costs in the event of a break-up or buy-out), wouldn't this put the value (based on what Bell paid for the above) of the remaining TV component at $1,530 million ($260 million x 6.7 - $211 million), or above $17.50/share? Or am I taking a too simplified view of the break-up value of the assets?
Q: Could you comment please on the sale of Allstream. How does the deal rate? Does the sale impact MBT growth prospects and does the Allstream sale make it likely BCE or Telus would / could buy MBT soon? Thanks so much.
Q: May I have your thoughts on the recently announced PGD $7M rights offering announcement. They just raised $15M last October. This one seems rather convoluted. The combined resulting dilution from both rights offering appear excessive.
Thanks Mike
Thanks Mike
Q: Can you tell me what the difference is between TPX.B and TPX.A. Can I get your opinion on current valuation and if you like the stock or not.
Q: Hello -
I am considering selling my Diageo PLC stock and replacing it with either ADW.A or CSW.A for currency/account reasons. Which of those two makes the best long term investment for a dividend growth investor.
Thanks.
Jim
I am considering selling my Diageo PLC stock and replacing it with either ADW.A or CSW.A for currency/account reasons. Which of those two makes the best long term investment for a dividend growth investor.
Thanks.
Jim
Q: Hi 5i: The stock market situation has changed a lot since I last did any rebalancing. Could you therefore tell me what weights you would now recommend for the 10 TSX sectors. Also, what sectors would you assign to MAL and BOS which Morningstar calls Basic Materials, and to DRT which Morningstar calls Services. Many thanks.
Q: On Nov 20, 2015 you replied to Herbert "Because the Caisse's interest is directly into a subsidiary, there is not dilution in the usual sense in terms of shares issued. BBD will get capital, and simply own less of the unit. BBD has also asked the Federal government for money."
1) I am trying to understand. If BBD own less, doesn't that mean BBD shareholders will own less, get less of the revenue/earnings pie and in the end, result in some of shareholder dilution?
2) Additionally, I have to believe that with all the money this company is getting from government bodies that this will also create further dilution (unless it is money that is invested to protect jobs..) ?
Thanks.
1) I am trying to understand. If BBD own less, doesn't that mean BBD shareholders will own less, get less of the revenue/earnings pie and in the end, result in some of shareholder dilution?
2) Additionally, I have to believe that with all the money this company is getting from government bodies that this will also create further dilution (unless it is money that is invested to protect jobs..) ?
Thanks.
Q: What do you think of ET's results on Dec.2(EPS & Revenue} & its future.It has been trading in quite a narrow range for some time.Appreciate your normal views & services AVO--Horray! Avo's price went up as Alex was interviewed on BNN today
Q: Hi,
I will ad to my yield portolio and now watching the following :
TZZ, EIT.un, DFN, CUF.UN, D.UN, EIF.
What will be your favorites, 1 to 6 ?
Thanks in advance.
Francois
I will ad to my yield portolio and now watching the following :
TZZ, EIT.un, DFN, CUF.UN, D.UN, EIF.
What will be your favorites, 1 to 6 ?
Thanks in advance.
Francois
Q: In a response to Paul today, you described CSU as a template on how to run a company. Can you list a few other companies, perhaps in other sectors that you view as extraordinarily well run, whether their share prices reflect this or not?
Thanks for your wonderful service.
Thanks for your wonderful service.
Q: With the Caisse (Quebec)taking a .30% interest in Bombardier's rail unit, I feel the Quebec government is taking control of Bombardier with also the interest in the C series Airplane. Thus, how does this affect the shareholders, and is it a dilution of shareholders interest (shares)?
Q: S&P Capital IQ Top Ten Portfolio
Investorline publish this list , among their Investment tools for US market.Having a big amount of my capital in USD
How practical/advisable is it to use this source as basis for sell/buy of US stocks. There are in-frequent deletions/additions to the list by the S&P advisers.
Pls. give your constructive comments about this source. Art
Investorline publish this list , among their Investment tools for US market.Having a big amount of my capital in USD
How practical/advisable is it to use this source as basis for sell/buy of US stocks. There are in-frequent deletions/additions to the list by the S&P advisers.
Pls. give your constructive comments about this source. Art
Q: I think I may have experience a time out, so apologize if i have dupliacted this.
Not a question, but a comment in response to the posting of the Globe and Mail article referring to ``PHM in Steep decline``. First off, this article may be misleading to members as it was written on Oct.19th. The SP for PHM has increased since then and by roughly 30% in the last 5 days. I am quite pleased with this as I thought I was fortunate when I had a buying opportunity at $.63. You can imagine my chagrin when the price maintained its downward spiral and hit a low of $.44. I held for the same reason I bought. Despite the ugly series of events that precipitated the downward trend, I felt the fundamentals supported the thesis that this stock was unjustly oversold. I experienced the same scenario with Concordia. I excitedly bought CXR at $54. Then, out of a sense of recouping some of my loss, I bought at $45. We all know the story, and I feel fortunate to have bought my last lot at $30. By doing so, I was able to average my cost to $44. Today the stock is over $50. I only wish I had the fortitude to have bought at its ``bottom`` of $25. Needless to say, during a negative Market backdrop, I am thankful that I maintained my confidence in the fundamentals of these two stocks and feel they both have tremendous upside. Thank you to 5i for your guidance in teaching us to recognize true fundamentals, and my simple message to other new investors and members of 5i … try not to be overly swayed by all that is written by the `` Talking Heads``
Thank you, Rick
Not a question, but a comment in response to the posting of the Globe and Mail article referring to ``PHM in Steep decline``. First off, this article may be misleading to members as it was written on Oct.19th. The SP for PHM has increased since then and by roughly 30% in the last 5 days. I am quite pleased with this as I thought I was fortunate when I had a buying opportunity at $.63. You can imagine my chagrin when the price maintained its downward spiral and hit a low of $.44. I held for the same reason I bought. Despite the ugly series of events that precipitated the downward trend, I felt the fundamentals supported the thesis that this stock was unjustly oversold. I experienced the same scenario with Concordia. I excitedly bought CXR at $54. Then, out of a sense of recouping some of my loss, I bought at $45. We all know the story, and I feel fortunate to have bought my last lot at $30. By doing so, I was able to average my cost to $44. Today the stock is over $50. I only wish I had the fortitude to have bought at its ``bottom`` of $25. Needless to say, during a negative Market backdrop, I am thankful that I maintained my confidence in the fundamentals of these two stocks and feel they both have tremendous upside. Thank you to 5i for your guidance in teaching us to recognize true fundamentals, and my simple message to other new investors and members of 5i … try not to be overly swayed by all that is written by the `` Talking Heads``
Thank you, Rick
Q: Is there any rational explanation for today's sudden drop in Bird Construction? The stock closed down 8.2% and at its interim day low was down 9.3%. Thanks!
Q: At what point would you consider this a "buy" in anticipation of the company benefitting from the recovery in US housing ?
Q: I have held this security (Sherritt Int'l Corp Senior Unsecured Notes 11/15/2018 8%) for 3 1/2 years. What can I expect on maturity in 2018 now that it has tanked?
Q: Hi Team:
with CP trying to take over one of the US rails, it could become the biggest rail co
what would it do to the stock price ?
should we accumulate ? thanks
with CP trying to take over one of the US rails, it could become the biggest rail co
what would it do to the stock price ?
should we accumulate ? thanks
Q: I have three stinkers that you have given up on and that I intend to abandon as well. I follow a selection of stocks in your portfolios but didn't sell when you removed them (to my regret): GXI, SCR and FM.
Do you have any advice on ditching these losers? Specifically, should I 1) sell today at market, having decided I don't like them; 2) set a good-till-cancel limit sell order at a better price; or 3) sell in the new year in the hopes of a bounce post-tax-loss-selling season? Or something else. I'm happy to be patient short-term but want them gone by February. Thanks for this great service.
Do you have any advice on ditching these losers? Specifically, should I 1) sell today at market, having decided I don't like them; 2) set a good-till-cancel limit sell order at a better price; or 3) sell in the new year in the hopes of a bounce post-tax-loss-selling season? Or something else. I'm happy to be patient short-term but want them gone by February. Thanks for this great service.