Q: I am a long time holder of Stingray, partly for the dividend and partly for moderate growth. Please give me your view/opinion of the 4thQ results and managements comments and expectations.
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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.
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Photon Control Inc. (PHO $3.60)
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NFI Group Inc. (NFI $18.74)
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Stingray Group Inc. Subordinate Voting Shares (RAY.A $9.87)
Q: I hold RAY.A in 2 of my accounts for 18+ months now, not gone anyway just steady with 5% change and DIV, would it be good move to sell RAY.A and add to my existing holding in NFI or PHO, I am already 80% up on PHO with fairly (very) large position
Q: Hi 5i Team, I have RAY.A and SYZ in my TFSA for some time now. Both pay a decent dividend of 4+ percent but growth has been underwhelming.. Outside the March crash RAY.A for last 2 years ranges up to 8+ then typically quickly drops down to 6 or lower 7 dollar range. SYZ follows similar pattern ranging over 12 but drop back below it again. Are these stocks you would support to continue holding in a TFSA or can you suggest 5 stocks in order of priority in the similar sectors for replacement. Looking at Canadian Options at this time.
Thanks for you help..
Thanks for you help..
Q: Hi 5i Team, I already have a full position with Ray/A.TO holding it for a year now, recently it had a breakout at SP $7.27 (increased holding from 5% to 10%) my technical indicator shows a price objective around sub 9.00 which gives a 25% move. Needed your fundamental input to its upcoming earning expectation, debt and business prospects post covid...Thanks
Q: Would appreciate your comments on Stingray 2nd quarter results. Is it worth continuing to hold? Was their any discussion in the conference call of taking the company private? Thanks
Q: FYI No investors'love,but did well these 2 days after Q results.However co.loves as bought back 3m shares =$17.6m during the year.This morning Desjardins recommends Buy with a TP of $7.50,the CTP is %7.13.Its reasons are cheap,6.12% div(recently increased),diversified sources of revenue & big cut in costs which will generate free cash flow..Also co states a recent agreement with DOL for in store music & digital display solutions for its 1300 stores.
Q: I thought their yr end numbers were decent and I listened to the conference call and they said their business is seeing good growth ( double digit growth) They also pay a dividend. The share price seems cheap. Your thoughts?
Q: Please comment on Q4 results Have 1% position,down 52.75%.Add,hold or sell. Txs for u usual great services & views
Q: Comment--Tardif,port mgr told BNN this morning that he was buying Ray.a near the $3.18 (1 year low) & on the way up.Apparently,it is a good co which was oversold & Ceo & Chair have been big recent buyers
Q: hello 5i:
I'm considering selling RAY.A, just to get rid of a really weak stock, and something that has become a very small holding in the portfolio. One thing is holding me back, and that is the dividend and its safety. Can you discuss how RAY.A has been impacted and look forward? I believe that a company that can continue to pay a decent dividend will be (even more) valuable with interest rates falling. That might be double edged if interest rates begin to rise quickly.
thanks
Paul L
I'm considering selling RAY.A, just to get rid of a really weak stock, and something that has become a very small holding in the portfolio. One thing is holding me back, and that is the dividend and its safety. Can you discuss how RAY.A has been impacted and look forward? I believe that a company that can continue to pay a decent dividend will be (even more) valuable with interest rates falling. That might be double edged if interest rates begin to rise quickly.
thanks
Paul L
Q: Ray.a did not participate in the last 3 great up days.Today closed@ $3.25 down 0.24 on big vol.of 440k(av.133k) with a 1yr low of $3.18. On Mar 23 increased NCIB to max 4.9m shares from 2.9m As at Mar 20,bought back 2.9m shs at av.price of $6.01. Between Mar 12 to 19 CEO bought 200k shs at av.$4.33 & Chair bought 251.7k @ av.$4.49(total shs held- 2.91m).At last Q div was increased by 7%,now the yield is 9.23% in part due to drop in price. Why the price keep dropping? Is it because of its business?. My p/p $9.10,now 1% position.Is it time to move on to some better stocks(if so,please give 2 names} or stay put. Please comment.Txs for u usual great services & advices.
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Sangoma Technologies Corporation (STC $7.85)
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Questor Technology Inc. (QST $0.51)
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Suncor Energy Inc. (SU $53.21)
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H&R Real Estate Investment Trust (HR.UN $11.88)
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A&W Revenue Royalties Income Fund (AW.UN $36.93)
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Exchange Income Corporation (EIF $72.74)
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Stingray Group Inc. Subordinate Voting Shares (RAY.A $9.87)
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Real Matters Inc. (REAL $6.33)
Q: Please comment briefly as appropriate on the above stocks covered by 5i. Add,sell or hold? 1)EIF 1.5% position/ p/p$44 / Investment a/c. Recent big drop to $32.19 2)SU 1% / $42.59 / RIF. Sharp drop in oil price 3)AW.un 1.5% /$43.63 /Inv.a/c. 4)Real 2% / $14.25 / Tfsa. Sharp drop today. 5)STC 1% / $2.47 /Tfsa. Down since recent Q. 6)Ray.a 1.5% / $9.70 / Rif. Down trend.Decent results,but no love. 7)Qst 1.5% /$5.01/ Rif. Very sharp drop last few days. 8)Hr.un 3.5% / $21.33 / Rif. Its building in Calgary is leased to Ecana,now IVV( US$2.60.) Thanks for u usual great services & views
Q: interested on your thoughts on their quarter
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MEG Energy Corp. (MEG $27.18)
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ $6.79)
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Stingray Group Inc. Subordinate Voting Shares (RAY.A $9.87)
Q: Can you please give me your opinion on 3 stocks that is loosing money should I keep or sell or buy more. They are about 2% each.
Thanks for your great service
Thanks for your great service
Q: Could you please give me your thoughts on Stingray Group (DRA.A) and its potential growth over the next 3-5 years. I am impressed about their cash flow generation which should be used to reduce the debt and pay decent dividend. Do you recommend this stock with medium tolerance risk ? Am I missing something ? Thanks a lot.
Q: Please comment on Q today.Is it worthwhile to hold on to my 1.75% pos. p/p $9.10.Txsfor u usual grea tservices & advices See Ryan on Market Call tomorrow
Q: Basing on u top pick on market call on Aug 8/18 I bought it @ $9.10,a drop of 24% to current 1.5% position.I think this is not in U portfolios.Despite recent increase in dividend,co's buy back of shares,recent insider buying by Chairman(300k shs @ $7.30) who is very motivated & ambitious,& decent results last Q,it gets no investor love.After results on Aug 6($6.15 then) it rallied nicely to reach $7.94 on Aug 26,then declined to current $6.95.Please advise if I should continue to hold,& if not,suggest a replacement(can be any sector).Thanks for u usual great services & advices
Q: FYI Between Aug 8 to 10,its Chairman bought 300k shares @ av.$7.30 = $2.1m(total shares held 2,356,034)
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Stingray Group Inc. Subordinate Voting Shares (RAY.A $9.87)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD $16.73)
Q: FYI. 2 articles in The Van Sun on RAY.A. E Boyko,its ceo has a vision to become the biggest music streaming co. in the world.He has 2 main policy concerns.Our government should have a policy of buying local.He dislikes Finance Minister's plan to tax stock options more heavily,even thogh the government indicated that fast growing cos like RAY.A will be exempt. 2nd article states that Bombardier & SNC are being replaced in the public's consciousness by digital economy outfits such as RAY.A, LSPD & Stradigi AI,all of which talk about becoming world leaders,but without the sort of heavy government support received by older champions of Quebec Inc. RAY.A has risen $1.09 since Aug 6 Q results.
Q: Please comment on recent Q of Ray.a & going forward.Reportedly increasing Q dividend & buy back shares.Is it still a hold or add to my1.5% position(p/p $9.10)Thanks for u usual great services & views