Q: After 12 years of dividend increases they are cutting the dividend to approx 1/12. AND they announce a buy back. Call me cynical but it seems they are anticipating a big reward in cheap shares after all the dividend investors bail. That vented, my question is; is it about time to take this out of the income portfolio?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: safe to say this will be dumped from the income portfolio. its no longer an income stock, thoughts
Thx
Thx
Q: I have heard it said that "the first dividend cut" will not be the last. Is this the case for SYZ? Would you recommend a HOLD or a SELL?
Thanks for your service!
Thanks for your service!
Q: Your view on the latest Q results of SYZ,as well as u view on the co. Add,Hold or Sell. Txs for U usual great services & opinions
Q: Good day, please what is the short position on Syz and is it significant
Thank you
Thank you
Q: What do you expect from SYZ when it reports on Nov.14? It has been on a downtrend since 1yr H of $13.24 in Jan.Dropped 3.4% to $5.68 on Nov 4 despite strong N.American markets. Your view on the co. Txs for u usual great services & views
Q: Good Evening
SYZ has not cut their dividend since 2010.
Can you provide your valuable insight with respect to the sustainability of their dividend going forward?
Thanks
SYZ has not cut their dividend since 2010.
Can you provide your valuable insight with respect to the sustainability of their dividend going forward?
Thanks
Q: Hello, I sold SYZ a month ago for tax-loss purposes. I thought I would buy it back if the share price was below what I sold it for (it is). I hesitate to buy it because I worry the co will cut its dividend to fund growth and/or reduce debt, which would hurt the share price quite a bit. Should I wait until the 3rd quarter reporting in November in the hope that the co will be clearer on its intent to keep the div as is? Thanks.
Q: Is it timely to average down on these 3 stocks? Please provide short comments, and good entry prices for each. Txs for u usual great services & views
Q: syz not doing all that well. markets are bad but is there anything particular that is causing deep drop. do you still recommend it. what will it take to get things going.
Q: In SYZ's recent conference call, the CEO suggested that servicing enhanced SAAS offerings would require re-allocating capital currently funding the dividend. How would the market likely react to a dividend cut? Is any part of the current price action attributable to this announcement?
Q: Their recent quarter was very good and since then the sp has come off substantially. Why do you think this has happened.
Perhaps a good time to add?
Do you think that the generous dividend is safe?
Thank you
Perhaps a good time to add?
Do you think that the generous dividend is safe?
Thank you
Q: I have taken a look at my distribution of investments, and determined that I have more room to enter an additional position in the technology space. I was gung-ho on starting a position with Google, until I discovered that Sylogist is currently paying a 6.86% dividend (as of yesterday's closing share price). I currently lean towards investing in more established companies that have been able to maintain market share in their area of operation, and Google definitely fits that description. Would the dividend offer by Sylogist, along with the potential upside, be a more prudent investment with someone who has a five-year time horizon, or is the steady-as-it-goes approach with Google the safer approach? As always, I look forward to your comments and insight. Thanks so much!
- Sylogist Ltd. (SYZ)
- Park Lawn Corporation (PLC)
- Methanex Corporation (MX)
- Parkland Corporation (PKI)
- TMX Group Limited (X)
- Tricon Residential Inc. (TCN)
- Knight Therapeutics Inc. (GUD)
- Savaria Corporation (SIS)
- Acadian Timber Corp. (ADN)
- Leon's Furniture Limited (LNF)
- Evertz Technologies Limited (ET)
- WELL Health Technologies Corp. (WELL)
Q: Ignoring company size and sector diversification, can you please rank these stocks on a best to worst risk / reward basis for long term hold. I own them all in various accounts with a half position or less so my plan would be to let some go and increase position in others with better potential. Any of them you consider good buy at the moment? Thank you!
Q: Hi,
Could you comment Sylogist's quaterly results ?
Thanks
Could you comment Sylogist's quaterly results ?
Thanks
Q: Hi, Sylogist reports Aug 11. Can you provide street estimates and your expectations, please. Thanks
Q: Hi, Any comments on recent price action .Why Sylogist continues to make new multi year lows, while Tech sector, in general has gained some traction, over past week or so. There was a mention here of stock's long term support at $6.50 - $6.75 level. Why would retail investors keep selling, despite its solid organic growth prospects/possible acquisitions and very low risk to dividend ? based on its history dividend yield is now flirting with 7.50 - 8% - Is there a concern of a dividend cut ? We beefed up our holding along with 5i recently and like the company. What is the next support level and is it worth buying more now? We have owned it for several years and stock has fallen below our ACB of $6.57 and weight has dropped from 5% to below 2.5%. Thanks
Q: Hi Peter
SYZ has declined significantly. I know you have been positive in your recent answers. That’s encouraging.
I wanted to ask why SYZ declined by so much?
They have withstood well in the past 10 year bear markets. What’s different this time that they are on a free fall
SYZ has declined significantly. I know you have been positive in your recent answers. That’s encouraging.
I wanted to ask why SYZ declined by so much?
They have withstood well in the past 10 year bear markets. What’s different this time that they are on a free fall
Q: Do you have a proxy for SYZ that includes a dividend?
Thanks for your service!
Thanks for your service!
- Sylogist Ltd. (SYZ)
- Microsoft Corporation (MSFT)
- Salesforce Inc. (CRM)
- Constellation Software Inc. (CSU)
- ServiceNow Inc. (NOW)
- Topicus.com Inc. (TOI)
Q: Hi, ServiceNow stock, a large US Enterprise Digital Solutions provider company, dropped 12%, Today, after CEO's comments, last evening on Mad Money, warning about the macro headwinds faced by a continuously extra strong US Dollar, by Technology companies, particularly those with large enterprise customers, around the world. Some of the comments are as below:
" You’re at 41-year high inflation. The dollar right now is the highest it’s been in over two decades. We have interest rates rising. People worried about security. You’ve got a war in Europe. So, the mood is not great,” McDermott said in an interview that aired on “Mad Money” after the closing bell on Monday.
“You’re going to see the headwind of the dollar right now against well-known technology brands,” the CEO added. “No one’s going to outrun the currency right now.”
Shares of ServiceNow, which helps companies and organizations digitize their workflows, fell 13% on Tuesday after McDermott’s comments, which were meant as an overall industry observation, not ServiceNow-specific news due to the company being in a quiet period ahead of reporting its latest quarterly earnings on July 27. "
“When you think about energy, and the dislocation caused by the war in Europe, and this reprioritization I’m talking about, you’re going to see longer cycles [to close deals] in Europe. We saw that,” McDermott said. “But this doesn’t fundamentally change the narrative that tech is the only way to cut through the crosswinds.”
The reprioritization he’s referring to is the increase in demand for a fast return-on-investment — another symptom of cautiousness in the current environment.
“There’s a new level or prioritization in the enterprise. And I have seen this, actually since we last met, Jim, hitting a new gear. Where companies are first saying ‘which platforms do we want to bet on,’” and then try to sort their priorities, McDermott said.
“There’s one filter on all of this now. And that is fast return on investment. And if you can’t put an architecture in there that gives the customer a fast ROI, chances are, you’re going to get postponed,” he added.
Stifel said in a note on Tuesday that it believes the company is “likely” to lower their expectations when it reports earnings, citing McDermott’s comments on reprioritization. The investment bank also expects other companies across the industry to follow suit in the coming weeks.
There was chatter that Today's 4.10% decline in MSFT and 4.61% in Sales Force, which was ugly, was not company specific but in reaction to this macro warning,
Most large Technology will start reporting in a few weeks time.
Some strategists were seen on CNBC talking about the" Generals" being the last to drop and MSFT's sharp drop today was noticed by many.
Do you agree with above comments/sentiments ?
We are trying to assess, if these companies, in your view, are likely to be faced with similar headwinds - CSU ( worldwide revenues), TOI ( Europe) and SYZ ( >55% US rev ), for all those reasons. And if you think, they are not immune to this, is there any caution warranted, or is it prudent to reduce our exposure to a more reasonable level, at this time.
Thank You
" You’re at 41-year high inflation. The dollar right now is the highest it’s been in over two decades. We have interest rates rising. People worried about security. You’ve got a war in Europe. So, the mood is not great,” McDermott said in an interview that aired on “Mad Money” after the closing bell on Monday.
“You’re going to see the headwind of the dollar right now against well-known technology brands,” the CEO added. “No one’s going to outrun the currency right now.”
Shares of ServiceNow, which helps companies and organizations digitize their workflows, fell 13% on Tuesday after McDermott’s comments, which were meant as an overall industry observation, not ServiceNow-specific news due to the company being in a quiet period ahead of reporting its latest quarterly earnings on July 27. "
“When you think about energy, and the dislocation caused by the war in Europe, and this reprioritization I’m talking about, you’re going to see longer cycles [to close deals] in Europe. We saw that,” McDermott said. “But this doesn’t fundamentally change the narrative that tech is the only way to cut through the crosswinds.”
The reprioritization he’s referring to is the increase in demand for a fast return-on-investment — another symptom of cautiousness in the current environment.
“There’s a new level or prioritization in the enterprise. And I have seen this, actually since we last met, Jim, hitting a new gear. Where companies are first saying ‘which platforms do we want to bet on,’” and then try to sort their priorities, McDermott said.
“There’s one filter on all of this now. And that is fast return on investment. And if you can’t put an architecture in there that gives the customer a fast ROI, chances are, you’re going to get postponed,” he added.
Stifel said in a note on Tuesday that it believes the company is “likely” to lower their expectations when it reports earnings, citing McDermott’s comments on reprioritization. The investment bank also expects other companies across the industry to follow suit in the coming weeks.
There was chatter that Today's 4.10% decline in MSFT and 4.61% in Sales Force, which was ugly, was not company specific but in reaction to this macro warning,
Most large Technology will start reporting in a few weeks time.
Some strategists were seen on CNBC talking about the" Generals" being the last to drop and MSFT's sharp drop today was noticed by many.
Do you agree with above comments/sentiments ?
We are trying to assess, if these companies, in your view, are likely to be faced with similar headwinds - CSU ( worldwide revenues), TOI ( Europe) and SYZ ( >55% US rev ), for all those reasons. And if you think, they are not immune to this, is there any caution warranted, or is it prudent to reduce our exposure to a more reasonable level, at this time.
Thank You