Investment Q&A

Q: Your thoughts on the company's earning please. I thought that with less American wines being purchased, sales of Canadian wines would proportionally increase.

Q: This company just reported 3Q results on February 5 and the share price increased 10% since then on large volume. Do you think the results represent a turn and that it could be bought here?

Q: OK so now we have "buy Canadian, bye American" trend. So I suppose Canadian companies could actually see a bump in sales. Are there any companies you can think of where this could move the needle in a meaningful way? Not sure how sustainable though?

Q: Can you comment on their earnings release and the balance sheet? Is this company worth accumulating at these levels or best to look elsewhere? Thanks

Q: Can you comment on their earnings and your opinion of their prospects...is their some growth on the horizon to go with the yield of about 5.75%? Thanks!

Q: What is your assessment of their recent earnings report and with the recent management/board refreshment, (BC properties to be reviewed/sold?) what is your outlook for the company now? Thanks.

Q: Would you finally pull a plug on ADW.A:CA since its value has been relentlessly going south ? Your hopes expressed in May 2023 report have not materialized in the stock valuation. Having lost over 50% of its value in my portfolio I am not longer optimistic about it recovery in foreseeable future.

Q: hi. I am down on CSW, and am thinking of selling and locking in the tax loss, and immediately picking up ADW. do you see more capital gain potential in one versus the other? what do you feel is the better investment now?cheers, chris

Q: What are your views on Peller's most recent earnings? To me, they look horrible, and I'm wondering if I should just salvage my tax loss and move on. That said, the price is probably at the lowest of the low. How much patience should one extend to the turnaround possibilities?

Q: Unfortunately I am down over 50% on all these stocks (held in my TFSA). I am “cleaning house”.
Please give your opinion as to whether any have the potential to recover and are worth holding for a bit longer.
Thanks for your help.
Len

Q: I read your response to a question on Peller with interest. I calculate the NBV to be about $6.13 per share. To me this makes it an intriguing buy for the long term. Comments?

Q: I've held this for years, thinking it is not high risk, produces a good dividend, has no speculative money in the price, and that good news is not priced in. However the stock relentlessly goes down. Does it still have much downside risk? If not the dividend alone justifies keeping it.

Q: I'm down 50%+ in these positions in a registered account with a 5-7 year time horizon. Which of these would you suggest I sell and which would you consider holds? Please offer better alternatives in the same sectors for the sells. thanks!

Q: Both APPS and ADW released results last night. I am down over 50% on both. What are your thoughts on these ... should I just take my lumps and move on ? If you suggest keeping, please provide a rationale.

Q: What is your opinion of these 2 stocks for Income and protection of capital.

thanks Valter

Q: Regarding ADW, back in February you indicated you would be fine holding for a while and that the worst was possibly over. At that time, the stock price was between $7.00 and $8.00 from Feb 22 to Mar 22. What are your thoughts now that stock price is in the $ 5.00 range ? Should I continue to hold until the next earnings release (I am getting the ~ 5% dividend which is some help). What are expectation for next earnings and at what point do I cut my losses and move on (how bad would earnings have to be) ??

Q: Hi team,
I have been a long term holder of ADW and overall with dividend and trimming at prior highs will come out just above par with this holding, which is not desired for multi year, but a nice learning experience for me.
I am thinking of selling and splitting between tc energy, sun life and alphabet. The first two for greater yield play, and all three on the belief that on positive macro news all will perform better relative to ADW (small cap, debt level, your B rating, consumer lag on discretionary).

Thanks for your thoughts.

Q: I am currently down on the following stocks and etf's and am considering buying more in order to average down. Are there any of the following that you would not purchase at this time?

Q: It has been said that one should expect 1/3 of your stock selections to meet your expectations, 1/3 to exceed and 1/3 to fail. It's been quite a while since I have experienced the last one....real believer in asset allocation and position size.

I bought ADW.A in my TFSA at $10, then $9 then $8 building up a position. It is now at $6. Fortunately it is a small position, which was bought thinking it looked ripe for a reasonably quick rebound. Ummm....not! Also in my TFSA is PLC, XIT and NNRG.

In the spirit of "water the flowers and pull the weeds", I am thinking of flushing the wine and redeploying the proceeds....adding to existing positions in NNRG (sooner) and XIT (later). As both NNRG and XIT skyrocketed I took partial profits, so I see this as a win-win, adding back in at lower prices and working towards an improved asset allocation.

Thoughts?
Thanks...Steve

Q: Wonder if you could update your thoughts on Andrew Peller. Am a long-time shareholder (>25y). Company is profitable, good yield (~4.3%), great properties (and all 4 properties I visited in Ontario this past weekend were quite busy). Why do you think it's trading near 52-week low (and near 7-yr low)? Usually, alcohol-related companies tend to weather recessions (and recession worries) well, but this does not appear to be the case with ADWa/ADWb. Thoughts?

Ted