Investment Q&A

Q: Amrize AG just IPO"d in North America a couple of months ago. I know that 5i does not research European companies in depth but can you provude a comparison with ROAD?

Thanks for all you do.

Mike

Q: After today’s post EchoStar 25% drawdown ……at what price would you re-enter MDA?

Q: Hi. Pursuant to my prior question about Orca, based on the "bare bones" math it appears that Orca has a Market Cap of $70.4 MM CAD (19.8 MM shares x $3.56CAD), cash on hand of $136.8 MM CAD ($98.5 MM USD), no debt, and cash flow from (6 month) operations of $72.5 MM CAD ($52.2 MM USD), or $3.66 CAD/share. Note that all the financial data is taken from the 6 month statements up to June 30 2025. I guess my first question is whether not I am missing anything material in the "math", as these numbers indicate a negative Enterprise value. The follow up is that if this numbers are indeed correct, then this valuation must be a function of perceived political risk, given that Orca operates in Tanzania. Can you shed any insight on this, or is this outside your wheelhouse ?

Q: With the Canadian government planning to support national building projects, like the expansion of the Port of Montreal and the Port of Churchill Manitoba.
Well this benefit Algoma steel? Would you consider this stock a buy?

Q: Vhi has fallen apart post secondary financing.Whats the problem?

Q: What is your opinion on merger between EMX and ELE? I have a small starter position, wonder with the merger will have any positive impact on share prices?

Q: Hello Folks:
A quick question:
What are your thoughts on AI"s future price
affects on the big tech firms such as Apple, Microsoft,
Google, Navidia, CSU etc. We are considering purchasing
CSU although their PE frightens us?
Thanks for all you do
brian

Q: Hi, could you please report and comment on IOT earnings, forcasts and post market reaction ? thank you.

Q: Good morning,

If an investor has done very well with NVDA (thanks to 5i) and it has grown to 12% of a portfolio, would it make sense to reduce one's NVDA position and invest in either AVGO or APP at this time? If so, which might you lean to?

Thanks,

Brad

Q: Please comment on the NBIS deal with MSFT; looks pretty big.

Q: Bought NBIS as per your recommendation, great call by you, it's a double for me! Would you continue to hold or sell on the news?

Thanks Kim

Q: Hi,
MDA - down 25% today, good buying opportunity? What price for a new position?

NBIS - nice contract with MSFT, will gap up big tomorrow. Looking to add to current position. What price would you look to add more or wait for a pullback?

Thanks!

Q: Hello Team,
Could I have your opinion on ZPH please. How safe is it going forward?
Thanks,

Q: Is VitalHub exposed materially in a recession?Seems the sector is somewhat protected?

Q: Just reading the question from Lisa. That is a very interesting point that 95% of all bought call options expire worthless. Can you recommend a one (couple) good books that focus on selling call options and strategies?

Q: Hello, is the Echostar termination of contract something to be concerned about or on a longer term basis do you see this as a buying opportunity?

Thanks for all your help,

Mike

Q: Thoughts on this new company, trading in the US at a new high?

Q: If I am not wrong, you used in the past to tell good things about this company but since months it has completely disappeared from your considerations, mentions or recommendations. Have you changed your mind about this enterprise.? May I know your updated opinion and appreciation? Is it yet a good stock to keep in a range of 3 to 5 years?

Q: Hey everyone, I have a nice amount in my TFSA account. What I’m trying to do is grow the account over time, let’s say a 25yr time period as I don’t need the money. With your crystal ball in hand and a mindset of holding forever what twenty companies would you buy today? Companies can be anywhere in the world and be in any sector but they need to trade on a North American exchange. Appreciate you playing along.

Q: Applovin just got admitted to the s&p500. I’m assuming this must be very good for the shares over the next year as all of the index trackers have to start buying it. Will it also remove some of the volatility in the share price? What other effects do you see from this index inclusion.