Investment Q&A

Q: Is tyhere an archive for your best stock ideas. I knoe CLS was there last month not sure what else.


Thx

Q: Your thoughts please on the quarter?Thx

Q: TMX Group has been consistently producing great results, for several quarters, coupled with dividend increases. But, its share price does not seem to be able to rise past $57-$58 level, even with most analysts revising their estimates and price targets, higher.

Is this price action consistent with its historical pattern, or we are missing something ?

Do you continue to like to own the stock for Income and Growth, over next several years ?

Thank You

Q: Hi Team,

Thoughts on GFLS quarter and which company do you think will have greater earnings growth over the next 10 years?

Thanks,

Q: P&C insurance sector has shown signs of weakness, over past several weeks, perhaps due to higher catastrophic losses and pressure on auto premiums. Intact Financial stock has also not been immune and has seen its stock decline over 10% from its recent high of $317. Latest earnings release disclosed weakness in commercial lines, in addition to premiums rates in US.

IFC has been a long time favorite of 5i and stock has performed well, barring the recent softness.

Question is that after 2-3 years of strong performance by P&C sector, do you believe the present weakness to be simply transitionary or it is indicative of a reversal/change of direction in the industry fortunes. And if it is even partly true or possible, how is IFC positioned to protect its business model and revenue/profitability for shareholders ?

The follow up question is that considering these factors, does IFC continue to still present itself as compelling opportunity for a long term investor, as a core position in the portfolio, ignoring everything else as noise ?

Thank You

Q: Hi 5i, thoughts on their quarterly earnings release and fwd guidance, and is it still a fav? Thx.

Q: Current thoughts? Is good earnings growth ahead?

Q: Which would be your first choice between COST and DOL for initiating a full position today with a long term (multi year) horizon, and can you provide a bit of comparison between the two.

Q: After yesterday CGI Q results would you prefer TRI for more growth?

Q: Your thoughts on GIB.A's results released today, please.

Q: What are your top highest conviction stocks right now for compound growth over next five years?

Q: Can you explain why CB’s PE is half of IFC? They are in the same business, and the former has better combined ratio. It baffles me.

Thanks,

Liping

Q: Good Afternoon
Historically Hammond has been a good performer but not so much in the past 12 months. I know you continued to like the name but can you explain the stock based compensation and who gets what? There is a pattern developing where this stock gets clipped because of SBC. Will this be a negative going forward or will it level out eventually and not have such an impact on the Share Price.
Thank you for your great service as always
Marty

Q: They seem to be the only company that is significantly affected by SBC. Why is that/

Q: What is the best company to benefit from higher copper prices long term? Currently own Teck but increasingly frustrated with frequent downward production revisions.

Thank you.

Q: TSU or SKWD for a 5 year hold? Are they too similar to hold both in a 25-30 stock portfolio?

Q: This company has had a rough go since the last Q's results. To me it looks like a very stable business that is now trading at trough multiples. It looks like the buyback has been re-initiated at these levels. Feels like this might be an opportunity - do you agree?

Q: " I am increasingly interested in shifting from US to Canadian growth stocks and have been looking a little closer at the 5i growth portfolio as a result. I recently acquired a position in PNG.V and am actively looking for another great Canadian growth story. Could you comment on the company (or companies) you would recommend from your growth portfolio that would be the best bets to put new money to work in the current environment?"

Q: Hammond getting whacked again after earnings. Is it because of the lower backlog, share based comp, lower gross margins? All of the above? What are your thoughts going forward? Its had a nice run since the April lows. Would you add here or wait? Have a 2.15% position in the name after the drop today. Thanks!

Q: Hi 5i, this stock always trades the same, slow escalator up, earning release: "Net earnings of $13.4 million in the quarter, significantly impacted by share-based compensation.", and then it takes the elevator down.

Please provide review of results and whether it is still holdable or are there better options.

Thx