Q: For a beginner:
As do many Q reports, AVO mentions 3 EPS figures
1. Basic Earnings per share
2. Diluted Earnings per share
3. Fully Diluted Adjusted Earnings per share.
I would appreciate information as to which of these are the earnings I should pay attention to. When 5i says the "expected" EPS is .18, which of the above type of earnings are being referred to?
Also, a learned gentleman, a business college professor, said on BNN the other day that ebitda is CRAP, and when pressed he said it was always, in all cases, pure CRAP, and has little if any meaning. What do you guys and gals think?
Thanks.
Q: Hello All,
I recently read an article in CMS about setting up a US income portfolio with call options. Have had some success with this strategy myself. I would like to use this strategy in the Canadian market with some present holdings - MFC,TD,BNS,RY,ENB,PWF,STN,SLF,HCG,MG as examples.
What are the pitfalls and possible advantages of selling covered calls in Canada? What Canadian stocks would you recommend?
Thanks very much,
Great service.
In one of your previous responses about CXI, you mentioned that "the banking license still provides some significant upside potential". Can you please elaborate on why and what business opportunities you see from the banking license? Being a bank draws significant regulatory supervision and requires substantial amount of capital. The Canadian banking market is dominated by the big 5 or 6 so I am wondering what areas of banking CXI intends to expand into, and the expected margins on such businesses. Thank you,
Q: I hold CSU and have gained nicely to date. Last earnings report beat almost all analysts estimates, yet the stock continues to edge lower. The growth by acquisition model appears to be a negative influence in the market currently. What will be required for a fine enterprises such as CSU to distinguish itself going forward and not be painted with the same brush as VRX or CXR etc... Do you see further downdraft in the stock in the near term as a result of recent events and out of favor growth by acquisition companies. Where should one expect this stock to be 6 to 12 months from now.
Q: This one is interesting. How do you think the turnaround story in this is going? Could you give some metrics such as their margins and inventory turnover or other metrics that might be more important. Your thoughts about it too.
Thanks guys
Q: Hi 5i - at current prices - which one of these companies would you add to your portfolio first? I like them all, just trying to buy good companies at good prices overall in my portfolio (I have struggled with the good prices part at times!) : ) Thanks!