Investment Q&A

Q: Hello Peter/5i Team
There has been mentioned that there is a shift from growth stock to value stock.
Please provide me three of you top picks that you would consider good value stocks.

Also are the banks stock a good place to be adding to ?

Thanks
Claudio

Q: SVI reports on Fri. Could you please give me the estimates for revenue,EPS and EBIDTA. Thank you.

Q: More a comment than a question, I just read your answer to a question asked by David. My understanding of Sangoma current cash and debt position is the following : on July 16, 2019, Sangoma closed a short-form bought deal prospectus offering of 14,846,500 common shares, at a price of $1.55 per common share for aggregate gross proceeds of $23,012,075. As of June 30, 2019, Sangoma had $11,724,000 in cash, therefore, it is fair to say that on July 16 Sangoma had ±$34,700,000 in cash ($23,012,075 + $11,724,000).

Following the acquisition of VoIP Innovations, Sangoma has drawn approximately C$46 million from a credit line provided by BMO and TD. Approximately CDN$22 million will be used to pay off all existing debt and around CDN$24 million to fund this acquisition. Since the acquisition is for US36,000,000 or ±CDN$48,000,000, Sangoma will withdraw CDN$24,000,000 from its cash reserve leaving approximately CDN$10,7000,000 in cash and will be have a debt of CDN$46 million.

Q: At this stage, would you recommend that I sell my Canfor shares, or hold off a bit longer, in case the Pattison bid is sweetened? I'm about break-even on these shares. Thanks.

Q: I have a nice profit in this company. Up over 50%. Time to take some profit or continue to enjoy the ride. What is the outlook for the company.

Thanks

Dave’s

Q: GOOS has dropped $ 8.00 in past week. Why ? Winter is coming. Company should do well. Is China a problem ? The Chinese seem to love their Goos jackets and Coats. RAK

Q: would you buy this company.
i know they went public at 16 its cdn. the stock went down, now rebounding, i own a little, i like the space their in and it seems interesting. dave

Q: May I have your analysis of the results released yesterday, please.

Q: Good Morning, Would you folks have a problem with buying MFI Maple Leaf Foods now that China Sounds like it will take beef and pork from Canada again ? Any other problems with MFI that you know of ? Your opinion is much appreciated . Thanks,Larry

Q: Can I please have your thoughts and analysis on Cargo jets recently announced earnings. Would you recommend adding to one's portfolio at this time. Thank You.

Q: Hi 5i,
I see on Friday Nov 1, that Xebec Adsorption Inc (XBC) was up more than 150% on volumes and more than 12% on price. I can't find any publicly released information that would contribute to this change and wondered if you have any thoughts for this significant price and volume increase? Thanks

Q: I've owned zzz for a couple years now. Hasn't performed well and I don't see things changing in the near term. Looking for a replacement keeping in the same sector. I'm in mid 30's with portfolio somewhere between your balanced and growth portfolios.

Q: Any news on PAT causing it to drop 15 per cent today

Q: Do you have any opinions and advice regarding the upcoming IPO of GFL Environmental?

Q: Any thoughts why Sangoma still trades less than 1X revenues (on forward guidance) despite having almost half of its revenues recurring. The Company has grown a lot and Management has a history of making good acquisitions. Do you think the stock is due for a re-rating more inline with its peers?

Q: Any idea what is causing the move today? Thank-you.

Q: Good morning,
I am interested in blockchain.
Not, the currency, but the technology behind the concept.
Do you have ideas on small/mid cap companies that are involved in blockchain as a business model?
thanks
rick

Q: What's with this TRI CEO search story? The company is doing a candidate search and yet the TRI Board claims to fully support the CEO. Is this company really that dysfunctional? What going on?

Q: A friend of mine who works in Venture Capital recently told me about a small tech fund that was being managed by Damien Leonard, Mark Leonard's son. The crazy part - it's the old PineTree Capital, that terrible mutual fund-like investment product that would buy speculative mining companies and ruin shareholder capital. The Leonard family home office (incl. some of Mark's cash) now owns over 30% of the company. Upon doing some research, it looks like the company is trading at a 25% discount to book value although the new tech investments are not disclosed.

What are your thoughts? Would this be an appropriate 1% position (despite low liquidity) knowing that very few people understand investing in software companies like Mark Leonard, Damien's biggest mentor?

Q: What is 5i's opinion of Sangoma's Q4 and fiscal 2019 results and the major acquisition just announced? With the acquisition Sangoma's recurring revenues is 45% of total sales. You it be fair that a Company of this size now trade at a sales multiple greater than 1 when a good portion of revenues are recurring?