Q: I have very small positions in these companies. I can add to one, which do you think has the best long term potential.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Good day ,
What would be a good entry for topicus .. the plan would be to hold this name for 3-5 years … and would you advise to buy lumine and topicus or just hold one of these names ..
thx
What would be a good entry for topicus .. the plan would be to hold this name for 3-5 years … and would you advise to buy lumine and topicus or just hold one of these names ..
thx
Q: Hi Everyone at 5i!
I am really down on Converge and was wondering if I would be better off selling at a loss and investing in LMN.??
Cheers,
Tamara
I am really down on Converge and was wondering if I would be better off selling at a loss and investing in LMN.??
Cheers,
Tamara
Q: Hi Peter, Ryan, and Team,
A 5i member (Rajeev) stated in a recent question that he had an overweight core ownership of Constellation Software. We agree with you about the benefits of keeping the "free" TOI and LMN shares we received from these CSU spinoffs. However, does your answer imply that since we are presently overweight in Technology (largely because of CSU) should we consider reducing exposure to CSU? This would be a very hard thing to do, so it's a dilemma, to say the least!
As always, thanks for your insight.
A 5i member (Rajeev) stated in a recent question that he had an overweight core ownership of Constellation Software. We agree with you about the benefits of keeping the "free" TOI and LMN shares we received from these CSU spinoffs. However, does your answer imply that since we are presently overweight in Technology (largely because of CSU) should we consider reducing exposure to CSU? This would be a very hard thing to do, so it's a dilemma, to say the least!
As always, thanks for your insight.
Q: Hello, after 2/3 weeks of trading, Lumine shares flirted with a low of $14 and now appears have bounced back above $15.50. Trading volume also appears be declining now. ( Initial few days traded a few millions shares each day ). Do you think, selling by Index funds/ETF's is almost done ? if so, would you still wait to buy/add until shares trade down to $12.50 - $13.50 level or $14 could be the near term floor ? Thank You
Q: Hi, What % of TOI and LMN common shares are owned by CSU ( including any preferred or other class to be converted to common, in future ). Also, what % of market capitalization of CSU, the two companies make up, respectively, based on current values. I guess, what we are trying to assess is that, to what extent and why it makes sense to own TOI and LMN shares, while already having an overweight core ownership of Constellation Software. Thank You
- BRP Inc. Subordinate Voting Shares (DOO)
- EQB Inc. (EQB)
- Copart Inc. (CPRT)
- Nuvei Corporation Subordinate Voting Shares (NVEI)
- Brookfield Corporation Class A Limited Voting Shares (BN)
- Lumine Group Inc. (LMN)
Q: The top spots on my watchlist contains the following names (Adyen doesn't come up in your search so it won't show in the company box above. Would you rank in which order you would add to or start a position in these names based on our current situation. The companies are ADYEN, DOO, EQB, LUMINE, BN, NVEI, Copart. Thx
Q: How would you categorize Lumine Group in one’s portfolio in terms of geography? Canadian, US, or international equity?
Q: Thinking of getting into Lumine Group. What is the valuation like, compared to CSU and TOI? Thanks
Q: Good morning Peter, Ryan, and Team,
In our combined accounts, Portfolio Analytics indicates that the Technology sector is overweight by 4.53%.
To reduce the overweight position to 2.76%, ENGH could be sold at a reasonable profit, given the length of time it’s been held.
Our other holdings in this sector are CSU, KXS, TOI, and LMN. (If we also sold LMN, our new overweight position would drop to 2.62%) Would you endorse selling only ENGH or both ENGH and LMN to free up some $ for under-represented sectors?
Thanks as always for your thoughts.
In our combined accounts, Portfolio Analytics indicates that the Technology sector is overweight by 4.53%.
To reduce the overweight position to 2.76%, ENGH could be sold at a reasonable profit, given the length of time it’s been held.
Our other holdings in this sector are CSU, KXS, TOI, and LMN. (If we also sold LMN, our new overweight position would drop to 2.62%) Would you endorse selling only ENGH or both ENGH and LMN to free up some $ for under-represented sectors?
Thanks as always for your thoughts.
Q: Hi Peter,
Hi Peter, I wanted to get your thoughts on Lumine Group. Would you initiate a position at this level (mid $15 range). Just wondering your thoughts after it has traded just under a week.
Thanks for all your great work.
Frank
Hi Peter, I wanted to get your thoughts on Lumine Group. Would you initiate a position at this level (mid $15 range). Just wondering your thoughts after it has traded just under a week.
Thanks for all your great work.
Frank
Q: I have built up a position in TIXT and plan to hold it for a very very long time. I now also have some shares of LMN spun out from CSU. The LMN shares are approximately 1% of my CSU position and an even tinier fraction of the overall portfolio. Wondering if I should just roll the shares of LMN into my TIXT position and would be more inclined to do so if there is considerable overlap in their businesses. Your thoughts please?
Thanks.
Thanks.
Q: Hi, Your thesis about trading of Lumine shares, during initial days makes sense and seems to be proving itself right. Brilliant !!! Based on no of shares already traded and more selling expected in coming days from the Index funds ( appx holding of LMN shares across Index board ), when and at what level, you expect the shares to settle, before it would be safe to start accumulating ? Thank You
- Saputo Inc. (SAP)
- Spin Master Corp. Subordinate Voting Shares (TOY)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- Haivision Systems Inc. (HAI)
- Lumine Group Inc. (LMN)
Q: Hi, I want to build a position in the new lumine for long term growth but for that I will have to sell other positions to raise capital, what would you sell between lightspeed, spin masters, saputo or haivision ? Thanks
Q: Since CSU pays its dividend in USD, to avoid currency exchange fees I hold CSU on the US side as CNSWF. When it spun off Lumine, the new shares showed up in my US account as LMGIF with a BV of $.02
- the spin out is listed as a "dividend in kind", does that mean there is no tax due until I sell the lumine shares at which time all proceeds (since BV of $.02) are taxed as capital gains?
- I can not see LMGIF on any of my trading platforms. What is the difference between LMGIF and LMN?
- given that Lumine does not pay a US dividend is there any reason for me to continue to hold it on the US side?
Thanks
Scott
- the spin out is listed as a "dividend in kind", does that mean there is no tax due until I sell the lumine shares at which time all proceeds (since BV of $.02) are taxed as capital gains?
- I can not see LMGIF on any of my trading platforms. What is the difference between LMGIF and LMN?
- given that Lumine does not pay a US dividend is there any reason for me to continue to hold it on the US side?
Thanks
Scott
Q: 1. When CSU spun out TOI, it was considered a “mini European CSU”. What would consider the recent spinout of LMN i.e., a “mini xxxxx CSU”? If applicable.
2. I am thinking of unloading LSPD from my RRSP at a significant loss. Where would you suggest the funds go? I am thinking either SHOP or LMN or is that just setting up a double whammy? if yes, alternatives please.
Thanks as usual.
2. I am thinking of unloading LSPD from my RRSP at a significant loss. Where would you suggest the funds go? I am thinking either SHOP or LMN or is that just setting up a double whammy? if yes, alternatives please.
Thanks as usual.
Q: Hi,
New spin off from Constellation Software. What is the business model? Will the growth profile be similar to Constellation. Is it a good buying and holding for 10-15 years. In advance, thank you for taking the time to answer my question.
Norwood
New spin off from Constellation Software. What is the business model? Will the growth profile be similar to Constellation. Is it a good buying and holding for 10-15 years. In advance, thank you for taking the time to answer my question.
Norwood
Q: Any idea the EPS of Lumine? Or estimated? Thanks!
Q: (I have submitted this question under CSU since Lumine does not yet seem to have been entered in your automated stock list.)
Lumine (LMN) started to trade yesterday (Mar.24), at $16.75. I have no idea whether this is a fair value, but have noted in the past that the initial market price of spin-off shares often falls
precipitously in the first few days of trading. I
I would like to add to the shares I already possess from the CSU spin-off. In your opinion, is $16 overvalued?
Thanks!
Lumine (LMN) started to trade yesterday (Mar.24), at $16.75. I have no idea whether this is a fair value, but have noted in the past that the initial market price of spin-off shares often falls
precipitously in the first few days of trading. I
I would like to add to the shares I already possess from the CSU spin-off. In your opinion, is $16 overvalued?
Thanks!
Q: Hi Peter, Ryan, and Team,
Recently a member (Reg) asked:
Q: I am a holder of CSU inside my TFSA - as such I have received shares of Lumine - realizing you are not tax experts are these Lumine shares allowed to be held inside my TFSA.
My advisor thinks they might not be - TBD. If they are not allowed they need to be removed - would that count as a withdrawal in the eyes of the CRA?
Thanks
Perhaps Reg was asking about the "new" shares of LMN that he received, given that he had already made his maximum contribution to this year's TFSA.
What action should be taken in such a case, to keep the CRA happy?
Thanks as always for your insight.
Recently a member (Reg) asked:
Q: I am a holder of CSU inside my TFSA - as such I have received shares of Lumine - realizing you are not tax experts are these Lumine shares allowed to be held inside my TFSA.
My advisor thinks they might not be - TBD. If they are not allowed they need to be removed - would that count as a withdrawal in the eyes of the CRA?
Thanks
Perhaps Reg was asking about the "new" shares of LMN that he received, given that he had already made his maximum contribution to this year's TFSA.
What action should be taken in such a case, to keep the CRA happy?
Thanks as always for your insight.