Investment Q&A

Q: I am planning to get out of a full position in ZCL. I have partial positions in the other 4 above, thinking of topping up on 2 or 3 of them. Does this make sense and what would be your preference?? Thanks Jim

Q: Looking to consolidate positions in Enghouse and Open Text. Given that Enghouse was removed from the Balanced Equity Portfolio is selling Enghouse and purchasing Open Text prudent?

Q: Hi
I have a 7% position in CSU. Given its size now and past run up, would you suggest switching to smaller cap companies like Open Text or Kinaxis or continue to hang on?
I feel like there would be more growth opportunity in these two smaller companies.
Or would you have any other suggestions other than these three in the same space.
Thanks
Jeff

Q: Based on what metrics the stock is cheap? Globe and Mail indicates a trailing PE 56.66.

Q: Hi 5i
Open Text has been defined as low valuation stock and value approach to technology investing.

3 days of straight downward price movement.
Are we just not suppose to be in this name at this time?
Would you please comment on this downward move?
Thanks
Dave

Q: Please comment on Open Text's earnings. The GAAP - net income /eps (0.14) seems to be on the low side - this is what expected? If not whats going on here? Can you also comment on whether the cash flows are in line with what's expected?

FJ

Q: Hi, Could you please post the quarterly estimates for Stella Jones and Open Text. Thanks

Q: would selling absolute software and replacing with open text a good idea? brenda

Q: My first tender offer! TRC Capital Corporation wishes to purchase 3,000,000 shares of OTEX at a share price of $38.50 which represents a discount of slightly less than 5% over the current price. My preliminary research suggests TRC is known to have made a number of these discounted offers. You comment please. Thanks!

Q: Peter,
RESP first needed in 3 years with ~equal amounts of BNS, GUD, OTEX, PHO & T;
with cash for 2 more positions. What would you add or change at this time ? Thank you.

Q: David Driscoll was on BNN Market Call early last week, and while killing surplus time at the end of the show he underscored the importance of eliminating correlation risk in a portfolio (also mentioned in his point #6 here: http://www.bnn.ca/david-driscoll-s-top-picks-august-21-2017-1.835439 ). If I understood him correctly, this would mean not holding significant positions in multiple stocks within similar industries or with overlapping product/service offerings, presumably so that if one industry got hit, it wouldn't pummel two or more stocks at once and do damage to the portfolio as a whole.

Is this the thinking behind you not holding CSU and OTEX simultaneously in any of your model portfolios? Are there any [other] noteworthy correlations of this sort between any of the other stocks you cover and routinely recommend?

Q: I am selling a portion of Shopify at a profit and considering either DSG or OTEX. Which of the two would you prefer for a 5 year hold and your reasons. Thank You.

Q: Good morning...current thoughts on these today please...

Q: My son is returning to studies and investing what he earned as buy and hold for 4-5 years. He put two-thirds in balanced mutual funds with Canada, US and International exposure and now wants to invest the remaining one-third in individual Canadian stocks. He has enough for 4-5 names and already invested in Enbridge. What would you suggest as solid names for the remaining four given his time frame? Thanks.

Q: About a year ago (Nov 2016), you provided 10 "forever"stock ideas. Would you still categorize those same 10 stocks as "forever" stocks today?

Q: Hi,

What is your list of 5 stocks which seem to you to be irrationally under-priced today?

Thanks,

Gord

Q: Would you purchase CSU at the current level to replace ENGH?

As well, is CSU an appropriate addition to my current holdings (OTEX, GIB and KXS)?

Thanks

Sylvain

Q: Hi 5i team,

Based on current valuations what are your favorite canadian tech names for the long term?

Thanks

Q: Hi,

What are your thoughts about Open Text's growth prospects in the next year or two?

If the growth is anticipated to be low and the return is going to be just the dividend, maybe I should look elsewhere.

Are there better growth/income options in the tech sector?

Thanks,

Gord

Q: Hi,
I have owned OTEX in the past. I recently bought it again around $44 after last earnings report which was good. Since then the stock has been sliding for no apparent reason. Momentum is negative. It recently bought Guidance Software. I thought it may recover but still hovering in low $39s range. I do not like to average down, but if I was looking at it as a fresh investment, it would give me pause to consider. Your thoughts please.