Q: Regarding Hammond Power. Your thoughts on if the margins are sustainable considering the supply constrained environment of the pandemic and who is their number one competitor ?
It seems as though in the last couple of months Tvk has caught your eye. What made you chang/decide to really start endorsing TVK (other than stock performance)?
Can you please provide your insight on Tvk’s business model, valuation, growth and future prospects.
Q: With a long term view, where might Hammond find itself in 3/5/10 years? They are clearly doing something well, have had amazing returns, but imagine they are still relatively unknown to the greater market (as well as being a sub $1-billion market cap? - lack of institutions own it maybe?)
The addressable market must be growing as everything electrifies - do you think they'll acquire / be acquired? I see it is trading near its 52 week PE high, but is there an argument it is still undervalued? Could this ever be a $5 billon market cap company? Debt seems low. Do you know much about management? Do they ever issue shares (or follow that CSU model of never issuing).
Q: I have a sizable capital loss for 2023 right now. I'm starting to think of selling some of my winners in my non-reg accounts to wipe that cap loss out this year. Three of the companies where I have capital gains are Hubspot, Mastercard, and The Trade Desk. What strategy would you recommend for me in selling some or all of these 3 positions to erase the capital loss. MA has been a longterm winner for me, but I worry about Fintech competitors eating into their business. I'd appreciate your insights on whether Hubspot has a rosy future or whether its best times are behind it. The Trade Desk is my most confident position, but, of course, I'd appreciate your opinion. Thanks!
The last question about NOA was on April 21. Do you still hold the same views?
I'm wondering why this stock is classified as 100% energy. When I look at their website, they seem to have a large stake in non-energy sectors, like metals and mining.
Finally, does 5i hold much stock (sorry) in the "Recent Breakouts" column in the Globe and Mail? NOA was recently featured.
Q: Hi Peter, can you comment on the share cap table of Lumine. With CSU and the hedge fund and others - can you elaborate on other big shareholders (and their stake) and can you comment on how tight the float is. Also at the $19 level is it a buy?
Q: Did you see Jeff Tonkin's interview with Amber on BNN today? I love the straight shooting, no nonsense way that Jeff Tonkin does interviews. Unfortunately I don't hold any Birchcliff because I have a lot of TOU and ARX. Looks like TOU is going to continue with special Divies but ARX dividend isn't as juicy. If nat gas prices stay in the $3 to $4 range I don't think that nat gas shares prices are going to move substantially so should I concentrate on dividends instead? If so would you recommend swapping out ARX for BIR? Tonkin sounds very committed to the new dividend and their debt free status gives Tonkin the backing to commit to a juicy dividend.
Q: What are your thoughts on this company in general, as well as it's recent earnings? It's breaking out to new highs, so definitely seems like a leader in its industry.