Q: Hi Peter.
I am bullish long term on NML, however, I always try to keep my enthusiasm in check. I know there is alot of cost pressure in the trough right now and I'm growing concerned that capex & opex are on the rise. Maybe I'm overthinking this but the fact that they have recently announced a normal course issuer bid to buy back shares tells me perhaps they are anticipating a negative reaction to the release of the upcoming FS and want to defend the share price?? Not typical for a junior mining co. to intiate a buy back. Also do you have any intention of covering this company going forward? I have seen NPV calculations using $125-$150 iron prices ( 8% discount rate) that peg this at $3.50-$4.50/share for the DSO and of course a much higher NPV on the LabMag and Kemag deposits. Any thoughts/opinions would be greatly appreciated. Thanks.
Q: Peter, Rays question on Game Host made me take an interest as the Dividend is appealing. I cant seem to find much information on them. Do they have a history of raising div? Does the liquidity scare you? Would you mind giving a ranking on it so that we may get a better handle on it? Would it be as safe as say A&W ? They have about the same yield. Thanks Ken
I found the info you provided to an investor question previously on Solium Capital (T.SUM) to be very interesting and led me to do more digging (an equally valuable part of this service!). Indeed Solium is carving out an ambitious and interesting niche for itself as the global 'go-to' organization for a wide swath of services regarding equity compensation (e.g. even extending past software to include brokerage, trust etc.)
Some factoids that I found of particular interest - 93% of revenues are recurring; management owns approx. 35% of outstanding shares (all acquired via cash purchases as there are no 'founder shares') and so very much aligned with shareholders.
SUM has finally attracted an analyst (Pardeep Sangha from PI) who has set a $4.50 target in his Jan 22 report. His basis for the price is that "Solium is currently valued on an EV/Sales ratio of 1.7x and an EV/EBITDA ratio of 7.1x FY13 estimates. Meanwhile, Solium’s peer group, is currently valued at an EV/Sales multiple of 3.4x and an EV/EBITDA multiple of 12.6x consensus FY13 estimates."
Question: is his EV methodology perhaps more useful than using a straight P/E analysis for assessing this type of high growth company.
Q: Pelangio (px) any comment. I would like to make a comment your answer to Paul about your rating system was so enlightening when you said the mistake most investors make is to sell a good company to take a profit. I have regrettably been guilty of that. I can mention two TRP and Cineplex is it to late to get back in.
Q: Hi Peter and Team,
I was hoping to get your take on Genesis Land Development (GDC). Plenty of insiders buying the name and Calgary real estate seems stable to strong.
Thanks
Q: Peter is PNP a buy.It seems to have lost a lot of value in the last year,but they keep buying companies.They report that their value is approx $1.70.They seem to own a lot of gold,silver etc.Would they have a chance to increase in value from. 0.95 cents on long term 12 months or so.You and your staff do great work tks.
Q: peter, my question is regarding Tree Island Steel ltd ( T.TSL), as a way of playing the US housing recovery.during the last housing boom of 2004 - 2006 the share price was impressive.also, it seems to have weathered this most recent downturn very well. do you like this company why or why not ? please elaborate. thanx norm
Q: Northstar Healthcare Inc (C-NHC)
Based on the last 2 quarters, they seem to getting their act together. It this is the case,this stock is very cheap. What do you think?
Thanks,
Sandy
Q: Just a comment on the Amaya question from Frederick. On the last conference call I think they said they would report in April and at that time they would give guidance for the full 2013 year. I may have misunderstood but I think they said they hope to provide annual forcasts. Hope this is helpful. Joe