Investment Q&A

Q: Hi, it feels like general tune has changed on ECN. Based on previous questions regarding ECN, it was highly ranked by 5i and most recently as a top 3 small cap growth stock recommendation based on potential and valuation, and management per question raised on Mar 21st. After the latest earnings reporting on Mar 23rd, it has fallen 25% since. Are potential, management and valuation (25% cheaper than Mar 21st) no longer a recommendation to buy, but rather to only hold? Would like to understand the thought process behind this if this and if this is a short term momentum recommendation, rather than a long-term recommendation. As well, were general headwinds not expected on recession and higher interest rates? I understand that magnitude was more than expected but likely temporary? Thanks!

Q: What do we anticipate for next steps with ECN. Will there be further transparency on strategic alternatives, growth plans and detail(s) on the approach candidate and potential offer?

Q: ECN down 17% so far today . After reading your answer to Bradley I have a couple of questions . What does " Finance originations fell 25% " mean ? And what do you attribute the miss in earnings to ? And what is the insider ownership numbers ? . Would you approve of an investor wetting their toes based on the review ?

Q: I have been in and out of ECN a couple of times this year. I got lucky yesterday buying near the bottom and sold shortly after for a decent profit.

Based on your comments earlier today, would you advocate for a buy and hold or only hold if you’re currently invested?

Q: What’s the reason for the halt today ? The quarter looks like a disaster and no conference call to discuss further guidance doesn’t seem transparent at all. Is this normal during a review? Time to pack it in here ?

Q: Looks like a miss for ECN. Comments please.

Q: Can you name your top 3 small cap growth Canadian stocks that, suddenly, are now looking very attractive and provide the main catalyst for recommending each. Also, name 3 growth stocks that were recommended as being attractive but no longer make the list and why.

Q: As you know, both of these companies are currently undergoing "strategic reviews" which presumably are related to potential buyouts from companies expressing interest. I agree with your assessment that successful buyouts would entail prices at least $2 per share above existing price levels. I am surprised that buyers are not loading up at these prices given the significant possibility of such a price surge withing a 2-3 month timeframe. What am I missing?

Q: Good Morning

If ECN were to be taken over what price might you believe it would take for the price to be succesfull?

Thks
Marse

Q: Peter; Would GSY be a possible buyer of ECN? Thanks
Rod

Q: Are this stocks buyable?

Q: Hi

Could this be a situation where a buy out could be in the works?

ECN Capital Announces Review of Strategic Alternatives

Thank you

Mike

Q: I took the big dividend from ECN - 15k bought three 5K positions VHI (-20%) STC (-80%) & CTS (-50%) to diversify the growth portfolio in my TSFA, losing percentages are app. are these positions worth keeping? My other thought is to sell and put the money back into ECN where the management has a proven track record of managing the risk and creating value for longer term shareholders

Q: When do they report. What should we expect? How does investor day complement performance of share price?

Q: Looking at adding to the 1% or less 'toe in the water' holdings that are part of larger diversified portfolio . Anything here that you wouldn't add to or would delay adding to ? Or, any that you would sell ?
ATZ, CTS, DOO, ECN, KXS, NVEI, META
Thank you , as always.

Q: I've been watching ECN over the past little while through 5i and note that they seem to be one of your favourite companies due to strong mgt. Noted your answers to some questions on Jan 24/25 and you felt that they have strong upside potential over the next 12-24 months. How risky would you say an investment in ECN is....say relative to a company like GSY? Thank you.

Q: Hello. I already hold these 4 stocks, in a well diversified by sector, TFSA with WELL down considerably and the other 3 near break even. I have 26 stocks in my TFSA, so rather than deploying new money into an additional holding, I am considering adding to these companies. Your thoughts.

Q: Could you please rank these five financials for growth for a relatively short time frame of say 2 years?

Q: Can you add some colour to its share price from the point in time ex dividend date of special $7.50 payout through to its 52 week high and its now current low. What are the key drivers? What should we expect from the upcoming investor day in march?

Q: Looking to add to my registered accounts. Could you please rank the above based on which you would buy as of today?

Many thanks,