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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: I own a small position in HLF (775 shares). Would you suggest dumping them even if at small loss to get that money working somewhere smarter or is there hope for a share price recovery in the near-term (next 12 months)? My take is that there have been some decisions made to correct the course but I am not super optimistic. Any thoughts appreciated.
Thx,
M.
Read Answer Asked by Marilou on May 22, 2019
Q: Hello Peter & team: What's your opinion on the above mentioned companies which have P/B < 1, and have a decent dividend yield; with LB, TCL.a and MIC as Dividend Aristocrat. In what order of preference will you rank and which to stay away for now. Thank you.
Read Answer Asked by DAVID on May 03, 2019
Q: Hi Guys.
I have owned High Liner for quite a while and am fine waiting through their hopefully successful turnaround. With the earnings report today I thought the stock would fall but it is up 3 % today. I saw this statement in the earnings release and it seems to suggest the dividend will be cut:

Dividend & Capital Structure

"Today, the Board of Directors of the Company approved a quarterly dividend of CAD$0.145 per share on the Company's common shares payable on March 15, 2019 to holders of record on March 1, 2019. The Board is continuing to review the Company's capital structure to determine the prudent use of capital and will provide an update when the Company reports its financial results for the first quarter of 2019 in May."

What do you think people saw positive in the earning release? Any idea of what the dividend payout ratio is, and whether it is safe?

Love your service

Stuart

Read Answer Asked by Stuart on February 28, 2019
Q: In regards to High Liners earnings results they seemed exceedingly bad and the conference call did not outline much chance for a recovery before 2020. Did I miss any positive points? There was not really any discussion of a dividend cut other than a statement about "a review of its capital structure to determine the most prudent use of capital." Do you think a dividend cut is likely? In your opinion would private equity ever be interested in this company in a turn around situation?

Thanks
Read Answer Asked by Stuart on November 09, 2018
Q: Hello I was wondering what you thought of HLF earnings.? The stock is down so much this year but it has been here before and came back. Do you see this being an entry point for a long term buy for another ride up? Do you think it will need to cut it's dividend 8% + currently? Thanks again for the great service.
Read Answer Asked by Kolbi on August 17, 2018
Q: Since your last comment on HighLiner on July 3, the stock has gone down another approx 12%. I am very tempted to purchase a small position, but am a bit afraid that this is a "falling knife", with perhaps a dividend cut in the works.
I would appreciate your opinion as to the risk / reward at this point.
Thanks!
Read Answer Asked by Gregory on July 25, 2018
Q: Hi guys
I see High Liner had a new CEO appointed: " High Liner Foods Incorporated (HLF.TO) on Wednesday named Rod Hepponstall as President and Chief Executive Officer, effective May 1, 2018. Hepponstall will assume this role from Henry Demone, Chairman and CEO, who will continue as Chairman of the Board of Directors. Hepponstall will also serve on the board.

According to a statement, Hepponstall has 25 years of experience working in the food industry in the United States and Canada, in both retail and foodservice. It said he has held positions of increasing responsibility at several publically traded food companies, including Lamb-Weston, Inc., ConAgra Foods, Inc. and Maple Leaf Foods. He most recently held the position of Senior Vice President, General Manager Retail & Foodservice Business Units at Lamb-Weston Inc.."

I would have thought given the complexity of the fish wholesale market that they would have chosen a fish veteran rather than a person with more general food service direction or am I missing something. The market did not seem to like the choice as the stock was down 5%. Any thoughts of what this choice in CEO may bring to the direction of High liner.

Much thanks
Stuart
Read Answer Asked by Stuart on April 05, 2018
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