Q: Your thoughts on the recent earnings? Had a nice gain, should I hold, add, or sell to move onto another name in the sector? What would you recommend? Thank you
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: I've held MDI for some time (years) - thinking when gold and metals market move higher {which they have done) , MDI would be a leveraged 'picks and shovels' way to play the sector. That has not occurred, and recent quarterly results seem underwhelming to me. Your thoughts on both the results and my strategy.
Note: A couple of years ago I added AEM/NTR to bolster my materials weightings so do not need MDI in my portfolio to cover material sector.
Thanks in advance for your thoughts and great service.
Glenn
Note: A couple of years ago I added AEM/NTR to bolster my materials weightings so do not need MDI in my portfolio to cover material sector.
Thanks in advance for your thoughts and great service.
Glenn
Q: Good afternoon 5i team,
What are your views of MDI's latest results? Investors took it positively with the stock up 13.50% on the day.Looking forward to the next 12 to 18 months the company gave a very positive outlook on it's clients signing large deals for it's services.Do you still view the shares as undervalued and would you recommend accumulating?
Many thanks,
Jean
What are your views of MDI's latest results? Investors took it positively with the stock up 13.50% on the day.Looking forward to the next 12 to 18 months the company gave a very positive outlook on it's clients signing large deals for it's services.Do you still view the shares as undervalued and would you recommend accumulating?
Many thanks,
Jean
Q: Good afternoon 5i team,
Following MDI's acquisition of all shares of Explomin Perforacio,lately,will this add to their bottom line, will the synergies be well viewed by the market? MDI is "cheap" and this acquisition does not seem to be much of a catalyst as viewed by the market! Should I move on and would you view a similar company as a better option?
Many thanks,
Jean
Following MDI's acquisition of all shares of Explomin Perforacio,lately,will this add to their bottom line, will the synergies be well viewed by the market? MDI is "cheap" and this acquisition does not seem to be much of a catalyst as viewed by the market! Should I move on and would you view a similar company as a better option?
Many thanks,
Jean
Q: Good morning 5i,
Following MDI's Q1 release yesterday ,looks like the market is overreacting to the results.Looks like a value company for those with patience, looking at one to two years out.Looks like an undervalued ,value situation.What are your thoughts?
Many thanks,
Jean
Following MDI's Q1 release yesterday ,looks like the market is overreacting to the results.Looks like a value company for those with patience, looking at one to two years out.Looks like an undervalued ,value situation.What are your thoughts?
Many thanks,
Jean
Q: Hi guys at 5 I's.
Major Drilling is getting near 52 week lows again. I have kept a core position and trade another tranche of shares buying in the low 8's and selling in the low 9's. I have done well so far and I still think MDI should do well in an intermediate time frame because it has virtually no debt, is the leader in their field (drilling for minerals) and it is in what is supposed to be a growth area (looking for more mineral deposits so that we will have enough metals to electrify the world). So why does MDI keep trading down to less than 10 PE? I am quite happy to pick up so more MDI shares at a level that I think is cheap. Do you think MDI is cheap in the low $8 range?
Major Drilling is getting near 52 week lows again. I have kept a core position and trade another tranche of shares buying in the low 8's and selling in the low 9's. I have done well so far and I still think MDI should do well in an intermediate time frame because it has virtually no debt, is the leader in their field (drilling for minerals) and it is in what is supposed to be a growth area (looking for more mineral deposits so that we will have enough metals to electrify the world). So why does MDI keep trading down to less than 10 PE? I am quite happy to pick up so more MDI shares at a level that I think is cheap. Do you think MDI is cheap in the low $8 range?
Q: I would appreciate having your insights and comments on Major Drilling (MDI) as a possible investment.
Q: Peter and His Wonder Team
MDI up 4% on monstrous volume...any news?
Thanks!
MDI up 4% on monstrous volume...any news?
Thanks!
-
The Walt Disney Company (DIS $110.63)
-
Kimberly-Clark Corporation (KMB $102.94)
-
Lundin Mining Corporation (LUN $27.97)
-
Toromont Industries Ltd. (TIH $158.47)
-
Aecon Group Inc. (ARE $30.41)
-
Tricon Residential Inc. (TCN $15.34)
-
Granite Real Estate Investment Trust (GRT.UN $79.91)
-
InterRent Real Estate Investment Trust (IIP.UN $13.20)
-
Brookfield Infrastructure Partners L.P. (BIP.UN $47.01)
-
Ivanhoe Mines Ltd. (IVN $13.46)
-
Dream Industrial Real Estate Investment Trust (DIR.UN $12.57)
-
Major Drilling Group International Inc. (MDI $13.25)
-
Aritzia Inc. Subordinate Voting Shares (ATZ $110.25)
-
ON Semiconductor Corporation (ON $53.33)
-
Slate Grocery REIT (SGR.UN $15.20)
-
MP Materials Corp. (MP $52.03)
-
Brookfield Corporation Class A Limited Voting Shares (BN $61.35)
Q: Looking to take tax losses and not sure which to pick ? Some of them I can sell and not rebuy ? Please rate them as sell, hold, sell and rebuy. Thanks guys.
-
Major Drilling Group International Inc. (MDI $13.25)
-
InMode Ltd. (INMD $14.31)
-
Lantheus Holdings Inc. (LNTH $65.24)
Q: I'm down on all three of these stocks in my TFSA. Do you see any upside to these companies, or should I bail on them?
thank you
thank you
Q: MDI was recently recommended on BNN. Could you please provide an update and if you think this stock is a good purchase at this time.
Thanks
Dave.
Thanks
Dave.
Q: Hi There, could you give a brief update on MDI and whether you thinks it’s still a buy at the current price or should one wait for their next earnings report in June?
Thank you!
Thank you!
Q: I have reviewed the Income statement and Balance and FFO. This company, from what I can see, is poised for some serious cash flow and profit moving forward. What is your take on it keeping in mind that there seems to be a push in exploration given the Electrification of Industry? Currently drills are in short supply and it appears that this trend will continue giving rise to higher margins etc. Would you buy in at this time?
-
Eli Lilly and Company (LLY $1,041.79)
-
Toronto-Dominion Bank (The) (TD $125.78)
-
WSP Global Inc. (WSP $243.67)
-
CAE Inc. (CAE $39.44)
-
ATS Corporation (ATS $36.77)
-
Kinaxis Inc. (KXS $175.40)
-
Alimentation Couche-Tard Inc. (ATD $72.49)
-
Premium Brands Holdings Corporation (PBH $99.44)
-
Tamarack Valley Energy Ltd. (TVE $7.55)
-
Major Drilling Group International Inc. (MDI $13.25)
-
Aritzia Inc. Subordinate Voting Shares (ATZ $110.25)
-
Brookfield Corporation Class A Limited Voting Shares (BN $61.35)
Q: Hi Peter, Ryan and 5i team,
It’s that time of year to contribute to our grandson’s RESP (age 9). After rebalancing and adding new money we can add two stocks to the portfolio. To broaden the sectors , we are looking at utilities, healthcare, and real estate. Could you please suggest a name in each sector .
Thank you for your opinion.
It’s that time of year to contribute to our grandson’s RESP (age 9). After rebalancing and adding new money we can add two stocks to the portfolio. To broaden the sectors , we are looking at utilities, healthcare, and real estate. Could you please suggest a name in each sector .
Thank you for your opinion.
Q: Hi Peter, Ryan, & 5i team,
Major Drilling just reported. What did you think of this quarter? Being in a cyclical industry do you think their services will still be in demand in the next few years.
Thank you for your opinion.
Major Drilling just reported. What did you think of this quarter? Being in a cyclical industry do you think their services will still be in demand in the next few years.
Thank you for your opinion.
-
Loblaw Companies Limited (L $61.76)
-
Element Fleet Management Corp. (EFN $35.78)
-
Stella-Jones Inc. (SJ $86.13)
-
Centerra Gold Inc. (CG $19.07)
-
Winpak Ltd. (WPK $44.72)
-
Leon's Furniture Limited (LNF $28.72)
-
Major Drilling Group International Inc. (MDI $13.25)
-
Wesdome Gold Mines Ltd. (WDO $22.88)
-
Sandstorm Gold Ltd. (SSL $16.15)
-
Africa Oil Corp. (AOI)
Q: Hi Ryan, really enjoyed your presentation at the CFS this past weekend.
Using your 5 criteria: momentum, revenue growth, roe, shareholder friendly, and value-momentum; what 5 Canadian stocks would you suggest?
If possible, companies that would survive this current market stresses.
Thx
Using your 5 criteria: momentum, revenue growth, roe, shareholder friendly, and value-momentum; what 5 Canadian stocks would you suggest?
If possible, companies that would survive this current market stresses.
Thx
Q: Peter and His Wonder Team
I thought MDI just reported a great quarter with a positive forecast and yet the stock went down. Please give me your thoughts. Thank you!
I thought MDI just reported a great quarter with a positive forecast and yet the stock went down. Please give me your thoughts. Thank you!
-
Halliburton Company (HAL $27.74)
-
Major Drilling Group International Inc. (MDI $13.25)
-
Trican Well Service Ltd. (TCW $5.61)
-
PHX Energy Services Corp. (PHX $7.50)
Q: Hello Peter and Team
Is it still a good time to increase the holding of oil service companies.
I owne MDI (small position) I am considering buying PHX or TCW.
Is it a good idea, what about other suggestions
I value your opinion
Raouf
Is it still a good time to increase the holding of oil service companies.
I owne MDI (small position) I am considering buying PHX or TCW.
Is it a good idea, what about other suggestions
I value your opinion
Raouf
-
Major Drilling Group International Inc. (MDI $13.25)
-
Akita Drilling Ltd. Class A Non-Voting Shares (AKT.A $1.98)
Q: your opinion and preference of the above 2 o & g drillers wd be appreciated. Wd u prefer precision drilling notwithstanding its great advance in value ?
Q: Hello Peter and team,
With recent results, is major drilling corp a good way to play the metals sector? Thanks very much
With recent results, is major drilling corp a good way to play the metals sector? Thanks very much