Investment Q&A

Q: Your analysis and thoughts on CRH's quarterly results?

Thanks!

Q: You mentioned CRH Management will hopefully address the short report in their Management call tomorrow. They already took a first jab in the quarterly release:

"While acquiring less than 100% of an anesthesia business will obviously create more rapid increases to non-controlling interests versus purchasing the entire business, our joint venture strategy does significantly increase our opportunities for accretive acquisitions. As a result, our acquisition pipeline remains strong and we are confident in our ability to deliver on our growth strategy."

Q: Please comment on MX results. Thanks

Q: it looks like crh beat earnings and revenue big time, your take. dave

Q: Should be interesting, can you comment on the earnings when they come out. Thx

Q: SHOP was downgraded by RBC today. Should we be concerned.

Q: Good morning...your view of the letter issued by CSU CEO last night? What do you read into it? Does it change your view moving forward? Nay projections on growth of stock for the year?

Thanks

Q: Good morning...I have held syz for two years with a loss on the stock other than a dividend return but stock down 20%...I have held back on one of my rules of reducing exposure as you hold this company in high regard...I already own abt and it is doing well but am thinking of replacing one half of my exposure to syz with et...do you consider this a prudent move as I hold all of the balanced portfolio and parts of the dividend and growth portfolios and have had very good returns other than syz...I value your opinion in this matter and look forward to you reply...thanks for a great year ...gene

Q: CRIUS appears to act like a middle person in the sale of electricity and gas to residential and commercial customers. Would it not be advantageous for these customers to deal directly with the utility provider ? How can CRIUS compete with the utilities in terms of cost ?

Q: Whitecap Resources (WCP) is 3% of my portfolio. As I watch the price continue to fall, and analysts continue to have a "buy" recommendation on it, do you think now is a good time to increase it to 5% of my portfolio?
Thank you

Q: Hi
You seem to continue to hold RRX in high esteem. With the price now down around the $8 level, do you see this as a good entry point? I have no other energy stocks at this time.
GUY R

Q: With a decline in price my holding has gone down to 2% holding. Would you recommend buying more to bring the holding back to 3%?or just wait until the next earning report? You mention that you like to buy more when a stock is going up in price and momentum is going up.
Thanks

Q: Does CRH report earnings before the open of markets, during the day, or at the end of the day after markets close.

Q: Is this a good entry point for a long term hold of itc? 2-3 year time frame

Q: Is Stella Jones affected by the recent tariffs on softwood lumber? Thanks.

Q: So last night Motley Fool Canada took down their article from yesterday that was bashing CRH and comparing it to Valeant. Then the author releases a new version of the article that is actually promoting CRH for the most part. I did notice in the original article that they listed Motley Fool (US) as owning the stock which struck me as odd. I wondered why Motley Fool would bash a company, contributing to its decline while its parent company is long the stock. Feels like maybe the author got a big slap on the wrist and was forced to instantly retract the article? Very weird.Would there be any legal implications there, seems like manipulation. They are bashing a stock one day, and pumping it the next.Not that I had any respect for Motley Fool but I've defintitely lost the little I did have for their stock reports.

Q: The term Core Holding has come to my attention recently in both your Q&A and an analyst report. It makes me think is there a list in your head of companies that would represent a core holding in a portfolio of Canadian Equities? Or is this kind of your balanced portfolio?

Q: Hi
I have some new money to put to work. Which three names in the growth portfolio would you suggest buying at current levels?
Thanks,
Curtis

Q: Recently I asked a question about Crius "Where are the earnings?"

You replied on April 19th that "Crius made 44 million last year." I had hoped for something more detailed but I obviously should have asked a more detailed question.

To that end, Crius lost 74.9 million the year before (2015) although part of it was one time. If you combined the two years, the payout is hardly 60% of earnings.

My questions are:

1) Has Crius had positive earnings in years prior to 2016? I understand it's a relatively new company and a series of losses aren't that unusual.
2) I feel that you think Crius has turned a corner at this point and 2016 will be more typical than 2015. If so, could you explain your reasoning. I'm considering an investment.

Q: The company is releasing earnings 2 months after the last release and not the usual 3 months. Is this a concern? Thank you.