Investment Q&A

Q: Hi Peter and gang. Please ignore my earlier question as I have just learned, and it is my understandaing, that Largo did not appreciate and the discrepency in my valuation is due to a 1 for ten consolidation. However, I would still like your opinion on this stock going forward.
Many thanks
GUY R

Q: Looking at Symax Lift SYL on the Venture Exchange, interim statements indicate increased profits of almost 100% over comparable 6 month period in 2013, may I have your thoughts please.

Q: What do you think of the acquisition today of an oilfield rental company based in Fort St. John by Enterprise group? This would seem to be a direct attempt to strengthen their exposure to upcoming LNG development. Thanks.

Q: Hi Peter. Largo took a hugh jump. I bough back in Jne at 24 cents, so I'm feeling pretty giddy at $2.29. What do you think the prospects are for tis stock going forward?
Guy R

Q: This is a very small company(I thus appreciate it is very risky). However, they have been around quite a while, have weathered a number of 'storms', and just released what seemed to me to be very good numbers. I have not been able to find out how much debt they may be carrying. I last asked about them in July and would much appreciate any updated information/opinion you may now be able to supply.
Thanks as always.

Q: Hello, Peter
I am holding 3000 share of any(Sphere 3D), and i bought them @$9, now it's 30% down, should i hold or sell? thank you so much!
Yingzi

Q: Hi Team,

Can we get your assessment of Solium, Legacy & BioSyent under current market conditions, debt levels, survivability and prospects over the next couple years. Would legacy be able to withstand a sustained period of low oil prices?

As always, thanks for the hand holding during these difficult times. It made a difference for some of us.

Q: Could I get your thoughts on Fortune Minerals (FT). Been watching them for years (since John Embry recommended them). Bismuth project sure looks good.They have recently bought a producing mine which looks good to me. Also can you explain how in INK research it shows 5 individuals plus Procon owning 37 million shares each and China mining with 15 million (adds up to 237 million shares) I don't see them having that many shares issued.
Thanks

Q: Hi Peter & 5i Team,

Please give me your thoughts on the 27.27% decline today on Elkwater Resources. Is it still a good management bet at these prices or could there be some more days like today for this stock.

Thanks in advance.

Francis

Q: This micro-cap is a very small part of my speculative holdings. Although not profitable, it has been suggested as a possible buy-out target for its technology. Over the recent market volatility it has held its share price. There also seem to be regular block trades possibly indicating some institutional interest. For example, this morning 100,000 at the open and 150,000 later on. The share price even ticked up a penny. I'm at a break even point and am wondering if it is worth holding.

Q: Hi- your comments on the latest results- it looks like their roll up strategy is working well. Organic growth seems even more impressive. what would you calculate eps as? thanks

Q: Any news on QST? It has been swept up in the recent downturn and I am hoping that there is no bad news. If there is no bad news is $3:00 an entry point?

Q: Hi,

Due to the recent capitulation in small cap stocks, I am concerned about DEE and QST which have been cut in half. My average price on DEE is 4.25 and that on QST is 4.35. Unfortunately, I have more than the required portfolio weight in these two stocks and I am not able to double up because of the already high weighting. What do you suggest and what impact woould the next one or two years have on these two stocks.

Q: With the acquisition of Westar Oilfield Rentals Inc. ("Westar").
how will this affect not only the stock price through dilution and the forward momentum of Enterprise?
"The final purchase price for the acquisition will be $13.5 million, which represents approximately a 3.3 multiple of Westar's EBITDA for the twelve-month period ended August 31, 2014. The purchase price will be satisfied through a combination of $10.0 million in cash, $2.0 million in Enterprise shares (2.5 million shares at a price of $.80 per share), and $1.5 million in vendor take-back financing, which will be paid over the next two years"
Quote from news release.
Thank you for the great work you provide
Henry

Q: Hello,
I have small position in High Arctic and it is down 35% from it's June high. At current price the company pays 4.8% dividend and trades at very low P/E. I am considering increasing my position, what is your opinion of the company in 2-3 year term? How safe is the dividend? Do you consider HWO a sell, hold, or buy?
Thanks!

Q: Hi Peter, After the recent market weakness I am looking to deploy some funds in some non-energy sector small caps.
I noticed from your report on TMA the following "Trimac transports products for many industries including forest products, food processing, mining, oil and gas, manufacturing, automotive and chemicals. Trimac has enjoyed a long-term relationship with the majority of its major customers. In 2013, its 20 largest custom- ers accounted for 67% of revenue. One customer accounts for 9.7% of revenue".
You also state that lower fuel costs should be a positive for TMA.
With the recent downdraft in oil I am considering TMA. My question is,approximately how much of their revenue is from the oil/gas sector and who is their largest customer and is that customer from the oil/gas segment.
Thanks for your valuable advice.
Rob

Q: Hello,

Interesting times, and I'm already seeing opportunity, though am waiting.

I've recently read some bullish articles on SA with respect to Richmont Mines. The most recent article mentioned RIC upping their YTD production by 68% (http://seekingalpha.com/article/2552425-update-richmont-mines-reports-year-to-date-gold-production-up-68-percent).

I see many positives with this company (please correct if wrong):
- 32 million Cash
- low debt
- $800 / oz cash costs
- mines in Canada

Since 2012 I see 5i has a varied opinion on this stock, including it being a good takeover candidate. Could you update on your opinion of this gold stock?

Thanks,

Cam.

Q: hello 5i Team,

First, am loving the correction and the opportunities it is providing. With that in mind I would like to hear your thoughts on PRW.

There is tons of commentary regarding the BC LNG proj and the probabilities of it moving forward in the foreseeable future. There is no question it would do much for the BC economy. For every positive comment you hear, there are just as many negative comments stating it may not move forward for many years.

My Questions???? PRW has many projects in the works. How would their prospects be effected IF the LNG project did not go forward in a reasonable time frame? What is you thoughts on whether it will or will not go ahead? And lastly, what are your thoughts on PRW in general (sell, hold or buy) at this time with the pull back in full force?

Thanks for all you do

Gord

Q: hi, is prw a longterm (2yrs plus) buy. thanks.

Q: Is there a way of telling just when that huge reversal of SYZ's fall happened? At one point very close to end of day it was showing down over 8%. Then suddenly it rocketed up to finish the day even. The weird thing is I was looking at it on my TD screen. I wasn't going to sell that low but it suddenly showed SYZ as being back up to 10.95. I sold some at that point, for this stock has gotten way too volatile for me, but when I checked it turned out I sold at the low of the day somehow.