Q: Please comment on TOY's Q1.
Also, eps was $.09 and adjusted eps (basically adding Toys"R"Us back in) was $.22
Which eps was the consensus eps of $.16 ?
Q: Hello 5i
In yesterday’s Q&A you replied to a question from Glen that one of your important considerations when assessing a company was “strong management”. I couldn’t agree with you more. Would you consider adding a management rating to the “report card” section of your company reports?
And on that note would you supply 6 companies that have admirable management and board teams.
Many thanks
Q: I was looking to add a consumer discretionary company to my portfolio last week but delayed flipping a coin between these two companies. Now with the news from TSGI and the subsequent price spike and a general decline in TOY which company do you feel has the most long-term potential?
Q: Spin Master looks like a dog, acts like a dog, and will soon be barking like a dog. Insiders, over the past year have been sellers of the company with no insider buying that I could see. Is this puppy healthy or is it rabid and needs to mercifully be put down?
About a month ago you said that you would issue a detailed report on the company in a timely manner. Given how the stock has been acting over the past month would this be a good time to issue a more detailed analysis,
Q: I am light in consumer cyclicals and am following the balanced equity portfolio. I own a full position of MRE ( so haven't bought any MG). I have a slight aversion to buying companies that dont pay any dividends so am hesitant to jump on TOY or GC. Any good buying opportunities in the consumer cyclical space ( 5 year hold) as alternatives to TOY and GC?
Q: Gentlemen,
What’s is up with Spin Master? Dropping like a stone as of late. Any news we don’t know about or is it the same old song and dance Toys or Us?
Andy
I'm putting money towards my TFSA (10K) and was wondering what you think would be the best way to invest it. I was considering starting with 5 stocks: PBH, SIS, CSU, KXS, TOY. My second thought was choosing 2-3 of those stocks and adding in ETF's. Thirdly, I was thinking to invest investing fully into ETF's. I would say that I'm in between balanced and growth in terms of risk.
What are your thoughts? And if the ETF route, which would you recommend?
Q: I keep hearing about TOY being tied exclusively with Toys R Us but I have seen Spin Master toys being sold in numerous outlets including: Canadian Tire, Mastermind and Walmart. Shoppers even has some of their product like Paw Patrol.
It seems the recent decline has been a bit over done?
Q: Does MGA's potential acquisition of the Canadian Toys R Us stores, impact Spin Master's business at all, as it looks like they are a direct competitor of Spin Master?
Is there the potential for MGA to try and shut out or limit Spin Master's products in the potentially newly owned Canadian Toys R Us stores?
Q: Hi, TOY is a constituent of 5i Portfolios for a long time and it would also be fair to believe that this company is owned by a large number of 5i members. Recent bankruptcy of Toys r' us us cast a gloomy shadow on all toy manufactures and caused a huge uncertainty as to what is the near and long term impact and how each company is handling it. Your recent comments have addressed members' concerns to a good extent. But, is it possible for your team to do an analysis of the situation with specific reference to TOY, covering issues like, non-receipt of receivables, loss of sales, alternate marketing channels and company's relationship and past experience with them, near and long term anticipated impact on profitability. Also how is it likely to influence the growth projections in Canada, US and international markets. If it is possible to seek some clarity from the company, it would be really helpful. Toys r'us Canadian operations, reportedly have been agreed to be bought by a group. How does it impact ( positive or no impact) Spin Master.
Also based on your analysis and T/A, do you see more pressure on stock in near term and at what level you consider it to be a Screaming Buy. Thank you so much !!!
Q: An earlier question on TOY mentioned the downgrade (BMO) as being a possible factor in the decline in stock price. Just to balance the ledger and as can be seen below, while there was one downgrade, there were in fact 6 upgrades. This is why last week's decline seems to be pretty irrational, especially given how quickly TOY recovered following the initial Toys R Us negative news from a couple of months ago.
As always, keep up the great work.
3/9/2018 Raymond James Financial Boost Price Target Outperform C$57.00 -> C$65.00
3/9/2018 CIBC Boost Price Target C$58.00 -> C$63.00
3/9/2018 Royal Bank of Canada Boost Price Target Outperform C$61.00 -> C$66.00
3/9/2018 TD Securities Boost Price Target Buy C$61.00 -> C$69.00
3/9/2018 BMO Capital Markets Downgrade Outperform -> Market Perform
3/8/2018 National Bank Financial Boost Price Target Outperform C$63.00 -> C$65.00
3/6/2018 Canaccord Genuity Boost Price Target C$53.00 -> C$63.00