Q: Big drops by construction companies BDT and NOA after earnings reports, which didn't look very good. If holding both, would you keep them, or sell one or the other, or both?
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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: Your thoughts on recent earnings and prospects going forward given Canada's infrastructure plans.
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Great-West Lifeco Inc. (GWO $54.40)
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Cenovus Energy Inc. (CVE $22.84)
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AltaGas Ltd. (ALA $40.71)
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Element Fleet Management Corp. (EFN $36.60)
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iA Financial Corporation Inc. (IAG $147.75)
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Peyto Exploration & Development Corp. (PEY $18.69)
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MEG Energy Corp. (MEG $28.25)
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Whitecap Resources Inc. (WCP $10.34)
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goeasy Ltd. (GSY $213.04)
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Bird Construction Inc. (BDT $22.61)
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Tamarack Valley Energy Ltd. (TVE $5.39)
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TerraVest Industries Inc. (TVK $144.17)
Q: I am considering triming the following stocks ALA, BDT, CVE, EFN, GSY, GWO, IAG, MEG, PEY, TVE, TVK, WCP and X. If I do trim, there will be significant Capital Gains. How would you rank them for total return over the next 2 years? How would you rank them for trimming and if different than above ranking, please advise the reason for the difference ? Thanks
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Firm Capital Property Trust (FCD.UN $6.07)
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Welltower Inc. (WELL $168.28)
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CGI Inc. Class A Subordinate Voting Shares (GIB.A $133.36)
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Power Corporation of Canada Subordinate Voting Shares (POW $58.13)
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Bird Construction Inc. (BDT $22.61)
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Mainstreet Equity Corp. (MEQ $197.52)
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TIM Participacoes S.A. American Depositary Shares (Each representing 5) (TSU $12.28)
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Valhi Inc. (VHI $16.31)
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TFI International Inc - Ordinary Shares (TFII $94.81)
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Propel Holdings Inc. (PRL $32.21)
Q: I'm in need of cash. Please place these companies in order of which you would sell first. Thanks.
Q: Peter; Could you comment on BDT numbers- seemed ok to me but Mr. Market doesn’t seem to like them ? Thanks .
Rod
Rod
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Rogers Communications Inc. Class B Non-voting Shares (RCI.B $49.21)
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Bombardier Inc. Class B Subordinate Voting Shares (BBD.B $160.56)
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WSP Global Inc. (WSP $279.68)
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CAE Inc. (CAE $37.03)
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Capital Power Corporation (CPX $57.27)
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Quebecor Inc. Class B Subordinate Voting Shares (QBR.B $41.73)
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Aecon Group Inc. (ARE $20.41)
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Badger Infrastructure Solutions Ltd. (BDGI $57.63)
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Extendicare Inc. (EXE $13.02)
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Russel Metals Inc. (RUS $41.60)
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Thomson Reuters Corporation (TRI $243.91)
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Acadian Timber Corp. (ADN $17.78)
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Bird Construction Inc. (BDT $22.61)
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Magellan Aerospace Corporation (MAL $15.94)
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Firan Technology Group Corporation (FTG $11.81)
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Stingray Group Inc. Subordinate Voting Shares (RAY.A $9.84)
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Tree Island Steel Ltd. (TSL $2.52)
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Boralex Inc. Class A Shares (BLX $28.88)
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Kraken Robotics Inc. (PNG $3.40)
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Jamieson Wellness Inc. (JWEL $37.30)
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Zedcor Inc. (ZDC $4.28)
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Vitalhub Corp. (VHI $12.60)
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Dye & Durham Limited (DND $11.69)
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West Fraser Timber Co. Ltd. (WFG $100.04)
Q: Hello 5i,
There have been many negative questions regarding Tariffs and other non-Canadian officials. Wondering if it makes sense to look to those Canadian companies that would benefit from the upcoming April 28, 2025 event results.
Following is my list of questions for you – please feel free to take as many credits as you require since I typically don’t use many.
• The clear winner looks to be BAM/BN/BIP/BEP with the massive housing & project build plans. Some housing build plans look to be well beyond anything the private sector has ever seen. Outside of investing in BAM/BN/BIP/BEP are there any other companies that will experience increased growth rates? Perhaps Canadian Only Lumber Companies, Steel, etc.… Being careful to ensure the industrial carbon tax doesn’t offset any building growth rates.
• Looks like major projects are going to be built to save the country from the tariffs. Assuming these are going to be non-conventional energy would the companies such as BAM/BN/BIP/BEP/WSP, benefit the most? Are there any other companies to start looking at? Perhaps carbon capture companies?
• I wonder if there are any areas of benefactors increasing/decreasing the amount of tax havens in Canada? There are a fair number of mid/small companies that could setup a beneficial tax structure and become more profitable. My experience with setting up offshore structures is that there are setup/dismantle/maintenance costs with Lawyers and Accountants but perhaps other benefactors are investable. Are there any publicly traded Accounting or Legal companies to start watching?
• With proposed additional spend to media companies are there any benefactors? Will BCE benefit from the overall plan? Are there companies worth looking at in the media sector?
• With the additional military spend are there any companies in Canada to invest in? I have a small position in MAL which could benefit from Canada built fighter jets. Is BBD.B a good one to look at?
• After reviewing the proposed firearm buyback pricing list, the overall program looks to be worth ~$2B in 2025 for Canadians. My question is could there be benefactors to this spend? Maybe ~$2B is not enough to stimulate the economy considering the current spending levels but it reminds me of a COVID-like spend bump. Assuming a large portion of the funds will be redistributed back into the economy.
• Health care seems to be getting an increased focus compounded with the buy Canada therefore are there any pure Canadian pharmaceutical/healthcare companies that will benefit? I have a SIS position that I could add to if they are going to be benefactors. Are there any companies that provide safe site vending machines or building structures?
There have been many negative questions regarding Tariffs and other non-Canadian officials. Wondering if it makes sense to look to those Canadian companies that would benefit from the upcoming April 28, 2025 event results.
Following is my list of questions for you – please feel free to take as many credits as you require since I typically don’t use many.
• The clear winner looks to be BAM/BN/BIP/BEP with the massive housing & project build plans. Some housing build plans look to be well beyond anything the private sector has ever seen. Outside of investing in BAM/BN/BIP/BEP are there any other companies that will experience increased growth rates? Perhaps Canadian Only Lumber Companies, Steel, etc.… Being careful to ensure the industrial carbon tax doesn’t offset any building growth rates.
• Looks like major projects are going to be built to save the country from the tariffs. Assuming these are going to be non-conventional energy would the companies such as BAM/BN/BIP/BEP/WSP, benefit the most? Are there any other companies to start looking at? Perhaps carbon capture companies?
• I wonder if there are any areas of benefactors increasing/decreasing the amount of tax havens in Canada? There are a fair number of mid/small companies that could setup a beneficial tax structure and become more profitable. My experience with setting up offshore structures is that there are setup/dismantle/maintenance costs with Lawyers and Accountants but perhaps other benefactors are investable. Are there any publicly traded Accounting or Legal companies to start watching?
• With proposed additional spend to media companies are there any benefactors? Will BCE benefit from the overall plan? Are there companies worth looking at in the media sector?
• With the additional military spend are there any companies in Canada to invest in? I have a small position in MAL which could benefit from Canada built fighter jets. Is BBD.B a good one to look at?
• After reviewing the proposed firearm buyback pricing list, the overall program looks to be worth ~$2B in 2025 for Canadians. My question is could there be benefactors to this spend? Maybe ~$2B is not enough to stimulate the economy considering the current spending levels but it reminds me of a COVID-like spend bump. Assuming a large portion of the funds will be redistributed back into the economy.
• Health care seems to be getting an increased focus compounded with the buy Canada therefore are there any pure Canadian pharmaceutical/healthcare companies that will benefit? I have a SIS position that I could add to if they are going to be benefactors. Are there any companies that provide safe site vending machines or building structures?
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WSP Global Inc. (WSP $279.68)
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Mattr Corp. (MATR $11.47)
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Badger Infrastructure Solutions Ltd. (BDGI $57.63)
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Bird Construction Inc. (BDT $22.61)
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Stantec Inc (STN $108.67)
Q: Friday’s meeting between Mark Carney and the Premiers promises to lead to increased spending and capital to build infrastructure related to natural resources, alternative energy and technology. There seems to be a vibe consistent with Brookfield visions and foci. Carney may in fact be a catalyst to moving the Canadian economy out of the current malaise. Skepticism is warranted but are there any specific stocks that we should consider in light of what could develop rather quickly?
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Stantec Inc. (STN $149.28)
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Aecon Group Inc. (ARE $20.41)
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Bird Construction Inc. (BDT $22.61)
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AtkinsRéalis Group Inc. (ATRL $94.44)
Q: I sold half my holdings in BDT and ARE in December, in a TFSA, with a nice profit. Both are down quite a lot since then. I was planning to buy back to average down. Or take position in more stable stocks like STN or ATRL. How would you rank these 4 for new purchase? in a registered or regular account? Would any of these be more at risk with US politics ? I already own WSP and NOA. Thanks a lot.
Q: Please comment on earnings. Thank you!
Q: These E&C companies have been correcting for a while now - would you prefer either one and why and if so, a preferred entry point? Thanks!
Q: Hello, Bird has seen a lot of volatility in the last few weeks, with daily price ups and downs of 3-6%. Just curious, this is a construction company, why does it fluctuate like a volatile tech stock? Thanks
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WSP Global Inc. (WSP $279.68)
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Bird Construction Inc. (BDT $22.61)
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North American Construction Group Ltd. (NOA $18.77)
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Granite Construction Incorporated (GVA $107.75)
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Sterling Infrastructure Inc. (STRL $278.53)
Q: Can you give your outlook on NOA for 2025? Any names you’d consider over it?
Q: I cant find any news, or reason for BDT to have dropped almost 25% in the last few months. Am I missing something, or do you still see $26.00 (Dec 18 answer to a question), as a good entry/add point?
thank you
thank you
Q: Hello
BDT has pulled back recently despite decent earnings
what are the fundamental reasons for the pull back
does the upcoming D Trump tariffs affect this stock?
should one wait until feb 2025 to see ?
please give me an entry point , thanks
Michael
BDT has pulled back recently despite decent earnings
what are the fundamental reasons for the pull back
does the upcoming D Trump tariffs affect this stock?
should one wait until feb 2025 to see ?
please give me an entry point , thanks
Michael
Q: Hello,
Given the possibility of lumber tariffs against Canada, how would that affect Bird? Do you think it would have a sizable impact?
Thank you.
Given the possibility of lumber tariffs against Canada, how would that affect Bird? Do you think it would have a sizable impact?
Thank you.
Q: Can I please get your opinion of Bird Construction's (BDT) recent reported results. Thanks
Dave
Dave
Q: Couldn't retrieve your response to this question previously so am re-asking for your thoughts on these 2 small cap companies?
Thnx
Dave
Thnx
Dave
Q: What are your views on these two small companies?
Q: I get it that general-contractors like BDT are exposed to cyclicality in ways that engineering-and-design co's like WSP are not, but then I compare their P/E ratios (20.5 vs 54.5) and wonder if the latter could ever grow as much as the former - or is BDT's low P/E just a fact of life in cyclical sectors, such that it's the one that's growth-limited?
Q: Hello 5i Team
Today BDT jumped approximately 12% on news that they are increasing the dividend.
Do you believe that it is okay to buy this stock after the big run up or to wait? Is the stock a good company with a long term investment.Would you recommend this company or another company in the same space?
Thank you
Today BDT jumped approximately 12% on news that they are increasing the dividend.
Do you believe that it is okay to buy this stock after the big run up or to wait? Is the stock a good company with a long term investment.Would you recommend this company or another company in the same space?
Thank you