Q: Thoughts on ECN?
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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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StorageVault Canada Inc. (SVI)
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SmartCentres Real Estate Investment Trust (SRU.UN)
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Allied Properties Real Estate Investment Trust (AP.UN)
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Alaris Equity Partners Income Trust (AD.UN)
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Leon's Furniture Limited (LNF)
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Boralex Inc. Class A Shares (BLX)
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ECN Capital Corp. (ECN)
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Converge Technology Solutions Corp. (CTS)
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Sagicor Financial Company Ltd. (SFC)
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Andlauer Healthcare Group Inc. Subordinate Voting Shares (AND)
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Nuvei Corporation (NVEI)
Q: Trying to reduce my number of stock holdings. Have identified these 11 as small positions that can be eliminated. Intending to use the cash to add to stronger holdings. I try not to think of a stock as a "hold". There are lots of high quality names you can invest in that look better than a "hold". If you were doing a portfolio clean up, and held these as roughly 1% positions, are there any that you would be reluctant to sell?
Q: After the markets closed today an offer of $185,000,000 was made for 33,550,000 shares of ECN and 27,450,000 pref. shares of ECN.
How do you view this ? Is it beneficial to ECN shareholders?
Thanks for your insight.
How do you view this ? Is it beneficial to ECN shareholders?
Thanks for your insight.
Q: I’ve been a holder of ECN for years. Can you please explain the conclusion of their strategic review, and what your view of the company going forward is. What would you do if you held shares? Thank you
Q: Ecn is reporting soon. What are expectations? I am holding with a small loss which I fear is going to turn into a big loss when financials are released and results of review are revealed. The stock is acting very much like CTS leading up to the completion of their strategic review. Thoughts ?
Q: Over the last months, it was suggested that there would be some news from ECN in August. Any idea what, if anything, might be happening, and when?
Thank you for your excellent assistance
Thank you for your excellent assistance
Q: Hi 5i team,
I currently hold a well-balanced portfolio and I am contemplating selling 50% of my position in GSY to purchase ECN. I am willing to take on some risk for potential reward, but I am unsure if maintaining GSY would be more appropriate for my investment space.
Best,
Matt
I currently hold a well-balanced portfolio and I am contemplating selling 50% of my position in GSY to purchase ECN. I am willing to take on some risk for potential reward, but I am unsure if maintaining GSY would be more appropriate for my investment space.
Best,
Matt
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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ECN Capital Corp. (ECN)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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Topicus.com Inc. (TOI)
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TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
Q: How would you rank these current and 2-3year potential. All except TOI look to be massively discounted versus previous performance. Possible multi baggers?
Q: IS ECN a reasonably attractive tax loss sale?
Q: Peter; Would it make sense for EFN to fold ECN into it? Thanks
Rod
Rod
Q: Can you provide any sort of update on this company. I understand that the strategic update in August could be interesting, however, what other catalysts could be on the horizon? How do you like the risk/reward scenario? Has there been insider buying? Would you take a starter position here?
Q: Did not have an opportunity to hear what ECN had to say about their earnings and possible sale of the company. Was there any indication of what direction the strategic review might take and possible timing of any announcement.. Secondly if a takeout does not occur is there anything in terms of future guidance that would provide support for the shares around current levels? Current results appear rather tepid and my concern is that shares could tank without positive news from the strategic review. What is your sense as to what direction the strategic review might take?
Q: Peter; Any news today re the drop? Thanks.
Rod
Rod
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Starbucks Corporation (SBUX)
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CVS Health Corporation (CVS)
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Enbridge Inc. (ENB)
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TFI International Inc. (TFII)
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goeasy Ltd. (GSY)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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VanEck Gold Miners ETF (GDX)
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ECN Capital Corp. (ECN)
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Teck Resources Ltd (TECK)
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VanEck Junior Gold Miners ETF (GDXJ)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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Lantheus Holdings Inc. (LNTH)
Q: Presently I have the above stocks in losing positions. would you buy more to average down / sell or hold? thanks
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ECN Capital Corp. (ECN)
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WELL Health Technologies Corp. (WELL)
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Nuvei Corporation (NVEI)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: I may have missed a few, but pretty sure I've made every mistake trading in the stock market, although thanks to 5i I've done quite well over the years. Prehaps my biggest mistake is holding on to loosers too long and taking big hits. Recently I've promised myself to sell when I'm down 25%. So, I'm now down 25 or more % on these 4 companies but dont want to sell. What says you?
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Alphabet Inc. (GOOG)
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NVIDIA Corporation (NVDA)
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Rogers Communications Inc. Class B Non-voting Shares (RCI.B)
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Kinaxis Inc. (KXS)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Tesla Inc. (TSLA)
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goeasy Ltd. (GSY)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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ECN Capital Corp. (ECN)
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WELL Health Technologies Corp. (WELL)
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Topicus.com Inc. (TOI)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Can you provide the fair value of the following stocks: TSLA, SHOP, BN, GOOG, ATZ, NVDA, WELL, GSY, TOI, KXS, ECN, RCI.B ?
Q: Are you able to confirm if Steve Hudson purchased 794,000 shares over the last 12months. At an average price of $5.88. If so, when did this exactly happen??
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Pine Cliff Energy Ltd. (PNE)
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Enbridge Inc. (ENB)
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Tamarack Valley Energy Ltd. (TVE)
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TECSYS Inc. (TCS)
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ECN Capital Corp. (ECN)
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Gear Energy Ltd. (GXE)
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WELL Health Technologies Corp. (WELL)
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Converge Technology Solutions Corp. (CTS)
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Enthusiast Gaming Holdings Inc. (EGLX)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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Mitek Systems Inc. (MITK)
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TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
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Lumine Group Inc. (LMN)
Q: Good morning,
In this group can you tell me which one to keep, to hold, to sell and add at this moment.
Thank you
Marty
In this group can you tell me which one to keep, to hold, to sell and add at this moment.
Thank you
Marty
Q: An anecdotal comment and a question.
1) When you recommended ECN as part of the portfolio I purchased EFN instead, a fat finger mistake. Unfort when I realized the 'mistake' I made I sold me EFN and bought ECN. A mistake I wished I hadn't corrected.
2)An analyst I follow, with a 65% success rate (wished I was that good) made this recco this am.:
"TD Securities analyst Mario Mendonca downgraded ECN Capital Corp. (ECN:CN) (OTC: ECNCF) from Buy to Hold with a price target of Cdn$0.00..."
I have seen your comments on ECN this am. Its performance has been abysmal ever since it was added to the port, how strongly do you feel ECN will survive and not hit 0?
Sheldon
1) When you recommended ECN as part of the portfolio I purchased EFN instead, a fat finger mistake. Unfort when I realized the 'mistake' I made I sold me EFN and bought ECN. A mistake I wished I hadn't corrected.
2)An analyst I follow, with a 65% success rate (wished I was that good) made this recco this am.:
"TD Securities analyst Mario Mendonca downgraded ECN Capital Corp. (ECN:CN) (OTC: ECNCF) from Buy to Hold with a price target of Cdn$0.00..."
I have seen your comments on ECN this am. Its performance has been abysmal ever since it was added to the port, how strongly do you feel ECN will survive and not hit 0?
Sheldon
Q: Hi There!
I have read your comments this morning on ECN. it looks like the root cause of their troubles is the inflationary times, Marine/RV/Mobile home financing originations are shrinking considerably etc. I’m a long time holder who is breaking even at these levels. The position is a small part of a diversified portfolio (about 1.5% presently). Do you think it’s worth waiting for the “strategic evaluation” or should one just call it a day and SELL? Otherwise I think it’s a long wait for anything positive to happen here?
I have read your comments this morning on ECN. it looks like the root cause of their troubles is the inflationary times, Marine/RV/Mobile home financing originations are shrinking considerably etc. I’m a long time holder who is breaking even at these levels. The position is a small part of a diversified portfolio (about 1.5% presently). Do you think it’s worth waiting for the “strategic evaluation” or should one just call it a day and SELL? Otherwise I think it’s a long wait for anything positive to happen here?