Investment Q&A

Q: Hello again
We are hearing news that shop could be bought out. Is this real or just rumors?
How far do you think this stock can go for a long term hold. We are in very early, sold a little and are holding pure profit. Sure hope it stays a canadian company.
thanks as always
ken and cindy

Q: Hi- just a comment on the question of the COO shares- the release doesn't reveal whether he indirectly has shares (Trust) nor does it talk of any options he may own - likely significant.

Q: I bought shopify around 305 usd and it has gone up 25% now. So do you think it will continue to rise up to the new year or has it already reached its highest point.
Thanks

Q: I liked your response to Bill on Shopify. You have considerable experience in portfolio management and probably with M&A activities too. This is a two part question.
You have been in situations where you got nervous with a 15% position in a single stock and assume it was not something like Nortel. I would appreciate if you could share with us how you handled it and what was the outcome; without giving specifics if you do not want to.
Secondly, everything has a price even if there are different metrics used for different businesses/sectors. There would be a price which even Lutke would find hard to resist. Retirement would not be a factor but for most retaiil investors it would be so. So at what price point however outlandish, would you advise to pack it in.
As always, i appreciate what you have to say.

Q: I find it curious to read this and realize that a senior officer at SHOP owns so few shares of the company he works for. He owns less than I do.

If I'm correct he's the COO.
"Shopify Inc (TSE:SHOP) Senior Officer Harley Michael Finkelstein sold 416 shares of the business's stock in a transaction that occurred on Monday, November 25th. The shares were sold at an average price of C$413.77, for a total value of C$172,126.94. Following the completion of the sale, the insider now directly owns 517 shares of the company's stock, valued at approximately C$213,917.37. "

So my question is why would you guess would the COO of a fast growing company like SHOP own so little stock. Doesn't show a lot of confidence in the company to me.

Sheldon

Q: I also have to reduce my weighting in SHOP, but what I am doing is donating the shares to a charity and adding the cash that I was going to donate to my portfolio.

Q: Once again I have to contemplate reducing my weight in SHOP as it is again at a 10% weight. (Okay I understand this is a good problem to have.) I reduced shop before a few months ago and I find myself regretting it. A couple of years ago I reduced my CSU weight by 75% at $700 in order to stick to a lower risk portfolio theme and have a proper weighting, and yes I really regret that (now that it basks in the $1,400 range). Both these stocks I have a really strong belief in, as I know you do. I guess my question is, should not balancing be tempered by the confidence in the stock? I mean one of the reasons I go diy is because I believe no advisor can take a big risk on my behalf in good conscience yet it might be one that I would be willing to take for myself, hence no advisor. As you say, any stock can go down 50% (in a day even), but really, CSU and SHOP? My total portfolio is otherwise pretty well diversified. Am I being completely reckless here by not divesting some of SHOP or do you think that this falls under your concept of one's personal preference realm? Again, thank you for all your help.

Q: What Silicon Valley companies could have deep enough pockets to afford a $70 U.S. Billion takeover of Shopify? By my reckoning this is $580 U.S. a share or $765 C$ correct?

Q: If you were to speculate, can you list 2-3 companies for each that are the most likely to, or that make the most sense to, acquire them?
For GoEasy, would it be an alternative lender like home capital or equitable bank, or one or the big 5-6 banks?
For Shopify, would be another payment company like PayPal or MasterCard, a similar online Company like EBay, or a juggernaut like Amazon or Google who would swallow shopify up?

Thank you

Q: What is the source of the take-over rumour re SHOP?
Peter

Q: Why would it be negative for LSPD if there are takeover news on SHOP?

Q: Regarding the rumor of a takeover bid for SHOP, do the insiders have enough shares to block a hostile bid?
Thanks, Tim.

Q: please list in order of preference your 4 favourite Canadian wide moat companies thanks Richard

Q: I was wondering what the target is for Shopify for the next few months. I bought it at $425 and now it`s finally starting to climb again. Not sure if I should be in a sell at $480, and take my 10%, or stay around longer

Q: I have the following loss that I can claim as a tax loss- wef = 44% - usa=31% - shop=18% - meg=14% - lspd=16% - Kel=40% gud 30%. My question is there any of these stocks that have any chance they will recover before the 30 buy back period expires? I would hate to sell them and then watch them recover more that the loss that is claimable?- appreciate your thoughts

Q: Hello 5i
I own all of the companies noted. I'm wondering if there is excessive overlap here and if I should sell one or more in an effort to reduce overall holdings?
Thanks
Dave

Q: I'm 21 years old and am planning on making a TFSA portfolio of Canaidan companies (Mostly Blue-chip dividend paying stocks, IE, Banks, Telcos etc....) to buy and hold forever. I'm also planning on adding SHOPIFY in my TFSA and placing BABA in my RRSP. I was thinking XAW in RRSP as well top get american/international exposure, Just wondering your thoughts on this and any advice would be great. Also do you think it's a good idea to invest now or wait for a market correction or just avergae in over time in all of these companies.

Q: What would be a good company to buy shares in for a teenager for his first investment? It was mentioned before that it increases interest in investing if the teen knows about the company. I was thinking of Costco, Disney, Mcdonalds?
Would you be able to provide a top 3-4 names in Canada and 3-4 in the US as suggestions? Thanks

Q: The Globe and Mail had a big story on SHOP and primarily about its valuation. The gist of the story was it may be over-priced and it will be hard for future growth to justify its valuation. What is your take on the article?

Q: Over the past 2 months or so SHOP, TTD and MDB are down substantially. All have had earnings events and that did not have a positive impact on share price

I know at this point the horses have left the barn,but as portfolio managers what do you recommend we do with these lagging names and why?

Thank you

Sheldon