Q: Hi Peter & 5i:
Would you be able to explain what the secondary bought deal offering means when the announcement says:
"The Fund will not receive any proceeds from the Offering. Food Services will distribute the net proceeds of the Offering to its long standing shareholders."
Food Services are selling their shares and then going to issue a "special one-time distribution" from the proceeds?
Thanks so much.
Q: I'm a little late to the party on Boyd as it has already had quite the run-up. On a go forward basis would you still recommend initiating a position at these levels?
Q: do you consider the share offering that just came out for the company one you would be comfortable taking. Seems to be about 2.00 under the current price.
Q: Peter- In light of the secondary offering where the fund receives no proceeds of it but it goes to the long standing shareholders. Is that the unit holders? Wishful thinking and/or an opportune time cash out re meanyond meat craze?Thanks. Rod
Q: KXS over the last 2 days has fallen 10% after hitting a recent high of 82. Do you think it can get back into the 80's by the next quarter? Thanks again, Dennis
Q: I had been waiting for Stantec's quarterly numbers to see if they had finally turned things around. It turns out they were released last week and given there was little fanfare and that the stock price did not pop, I assume the results were nothing special. Given the solid numbers WSP just announced, is it time to throw in the towel on STN and move over to WSP or do you see upward movement for STN?
Q: Do you think that Medison will now start selling off their considerable position in GUD? I know it's not in their interest to dump quickly and crash the price, but I can't see them being supportive of the company going forward. How do you see this playing out now?
Q: Question on Tsgi financial expectation, Your answer to Robert, EPS $0.41 and Revenue $613M. Your answer to Donald on May 8 was EPS $0.44 and Revenue $638. so does it mean company miss earning estimates? Would it affect share price tomorrow? Your thoughts please, thank you
Q: I'm considering cutting a loser to invest in something new that has some growth. SIS, PBH, and TOY have been poor performers for me for a while now and have been dragging down my returns. If I thought the issues were temporary for all 3 of them I would hold and wait it out but I've found each of them has been less than impressive. SIS with the equity raises and mgmt that I'm losing faith in, PBH with a million excuses as to why each quarter has negative surprises (weather, swine flu, minimum wage,etc), and TOY with disappointing numbers that seem to be getting worse with no real catalyst to get back to growth (Toysrus overhang, diminishing sales in their top sellers that are getting stale, no replacement "home run" product to turn things around. These 3 seem to no longer be growth stocks, do you think I should cut any of the three or give them some more time?
Q: Hi 5i,
Can you recommend a good time to complete a tax loss sell on the following securities: TSGI, TV, TOY, GC. Will be buying back in either TFSA or RRSP in 30 days (If one security does not need to be rebought please feel free to comment).