Investment Q&A

Q: Do you know why TCN is down so much today (-6.55%) on fairly large volume?

Q: I understand Bam.A is in the process of splitting the company.

Could you please explain how they are going to do this, and when.

Also tickers for the new entity and how should an investor proceed?

Q: I have PBH in my TFSA and don’t need the money for a decade or more. It just seems to keep going down, seldom catching a bounce as the market does from time to time.
Is there a fundamental problem or good time to average in for long term growth?

Q: Please comments on Shop earnings, thanks

Q: Can you discuss the valuation ratios for ECN and whether you think it is fairly valued or cheap and why? Thanks.

Q: What is it about Shopify that you consistantly maintain such a bullish perspective on?

Q: Hi Peter and Staff

Earlier this month Dollarama issued $700,000,000 of notes with a rate approximately of 5% with a substantial amount being used to repay notes with a rate just above 2 %

How significant is this additional interest cost per annum versus current earnings ?

Thanks for all you do
Dennis

Q: shop reports this week. as one of your favourite growth picks, can you tell us what YOU think shop will report. will they beat estimates. if not, why is it still a pick. what do you think you know that makes it a buy

Q: globe story saturday about shop and churn rate. story claims retention rate is lower that rivals and getting worse. as you continually rate shop as a top growth pick, what do you make of globe story. any concerns? is shop still a top pick.

Q: Last year's volatility on acuity ads (AT) rewarded me since I traded it three times for very nice gains. I kept a small amount of shares since I am playing with the house's money. I looked at today and it is down to $2.17 on the Canadian exchange so the market cap is only about $130 million. From what I can tell them seem to have at least $80 million of cash on the balance sheet. I know their ad revenue will go down if there is a recession but they still have about two thirds of their market cap covered by cash. That is protection, right? If the company can't find an acquisition why don't they do a substantial buy back? The only time I have found a company with such a large amount of cash was a little natural gas producer in New Brunswick called Corridor Resources. I made a few bucks trading on the seasonality and one day, when I didn't own any shares, someone came in and bought Corridor for a healthy premium. Could this happen to Acuity? Are they vulnerable to be acquired with so much market cap covered by cash on the balance sheet?

Q: I have started travelling again and noticed that Air Canada flights are essentially full. I looked at a 3 year chart for the stock share price and it is down from about $50 to $18, obviously due to the pandemic. I noticed that you provided growth data in response to a question where the growth next year is expected to be 128%. This sounded good.

I used your symbol look-up tool to view the AC’s profile and compared it to Delta Airlines (DAL). AC has 359M shares out compared to DAL’s 641M. AC’s EPS and PB is -6.9 and 45.1 whereas DAL is +0.12 and 8.0. DAL is rebounded a bit more than AC but why was AC at $50/share anyway.

It seems to me AC is not managed well and probably has a lot of debt but your profile screen does not give me that info.

It seems DAL is much more attractive as an investment but I am just looking at very simple metrics. What are your thoughts, please?

Q: This question is concerning the 5I growth portfolio. Could you give me 5 names from that group with just strickley the lowest valuations.

Thanks Steve

Q: Hello, my question is about the BAM.A spinoff, I find it confusing. I currently hold 100 shares of BAM.A, so according to what I have read should I understand that few days after the spinoff my account will show 100 shares of "BAM" to replace the current BAM.A symbol and 25 shares of the new company under the "BN" symbol? Thank you,

Q: In reading your previous answers, you indicate that BAM has 100B in capital to deploy. I don't see that figure anywhere. Can you confirm that number and if it includes unused credit and just mention where you see it? Thank-you

Q: To say ECN has been a disappointment of late is to understate it. I am a BIG fan of Steve Hudson and am buying more. Looking over its group of managed companies, is it fair to say that this is a consumer discretionary stock too? Do you have any insight into this recent underperformance?

Q: Looks to have been smashed to the downside. And today is yet another ugly day. On the Flip Side how does its future look? It is down 40% from its 52 week high. Time frame and forward projections on its potential?

Q: WGO came out with their earnings and the stock is currently down a whopping 12% despite beating.

DOO in sympathy, I assume is down 5%. Guess DOO will be facing the same headwinds as WGO.

What is your assessment of the situation/


Sheldon

Q: BAM announced several months ago that it intended to spin out their asset management business. Have they released detailed info yet on how and when this is going to happen? ie will BAM shareholders get shares in the new company?

Q: Good Day,

I have a bit of money to invest today, and I was hoping you could tell me that if it was your money, which one of the following companies would YOU invest in today (what looks most attractive and why)?

ECN.TO
GSY.TO
WELL.TO
CSU.TO

Thank you so much!
Tony

Q: Given the nice run up in Nutrien is now a time to sell and look for other opportunities? I know this stock has long term potential, but I’m concerned with it’s cyclical in my retirement portfolio and with events such as end of the war (which would be a good thing) could negatively impact the price of these shares. Is there another materials type of stock that may be preferred in a dividend focused portfolio?