Investment Q&A

Q: Happy Holidays 5i Team,

Could I please get your analysis on the above names as part of a diversified small cap portfolio focused on capital gains over 3-5 year hold. I have partial positions at higher prices in both IOM and SIM but they seem undervalued now given their prospects and current price. I generally prefer to diversify over averaging down while still building a portfolio as a strategy, but I am also willing to be flexible if the risk and reward is right. Would you add to existing positions in these stocks? Under what circumstances would you recommend someone consider averaging down?

I also like the prospects of GSI VHI and FLY and would appreciate your comments on them as being added to a aggressive growth portfolio. Any red flags or risks other than size? How would you rank them given their current price?

Thanks for the great service and happy New Year to everyone.

Q: They issued guidance yesterday that sounds promising. This is an American healthcare company that lists on the Canadian venture exchange. The press release says they are exploring a US listing in 2020. There may be a nice buying opportunity here, before they list in the US. Viemed is a similar stock that comes to mind. Largely ignored on the Cdn exchanges until the Americans started buying. One that bears watching.

Q: How do you feel about this company? I know they've had some management "issues" but the numbers have historically and continue to look enticing. Would you buy?

Q: Hi 5i:
What do you think about Assure at this point? I have been patient with a small position despite the suggestion just to sell and move on to something untroubled, just to see what would happen and because it actually seemed like it had an interesting business. The problems they had seem to be getting resolved. The share price has been relatively stable for a while now with the odd uptick recently. Is there enough going on there to justify my continuing to hold or would you still say no reason to stick around? Thanks!

Q: Hi 5i,
Assure Holdings (IOM) finally got their 2016 restatement and 2017 FY report filed and apparently are working to a relatively near target on filing their overdue quarterly report. Once that is in, presumably they’ll be able to get the CTO lifted and resume trading. How do you think the filed reports look for resetting market valuation of the business? What would you do if you were holding shares when trading is resumed? Thanks!

Q: Assuming nothing else is uncovered, all of the former auditor's concerns don't add up to to over a 70 million drop in market cap. Your thoughts please.

Q: Any idea of when this stock will be trading again? Have you ever seen an auditing scandal with a happy ending? You would think this would be trading below $1 when trading eventually reopens. Also, could this company face litigation from shareholders who were obviously duped? Looks fishy with the American headquarters (ie why list in Canada when the American Market is much larger)

Q: By the time I saw the news this morning IOM had already been taken to the woodshed and beaten to a pulp. I literally went from a ~50% gain to a ~50% loss overnight.

Do you suggest sell now or hold and wait to see how bad the accounting issue is.?

Q: In respect to today's announcement that the auditors have resigned, what are the chances that the “reportable event” with respect to “unresolved issues”is not seriously negative?

Q: Would any of this companies fit into your criteria for your model portfolios?

Q: Hi,

Looking to invest it in a solid long term growth company. Wondering your thoughts about AVO/ PHO /IOM. From a valuation basis; which one is more attractive at Todays prices. ? curious to know which one you think has greater growth potential from earnings standpoint ?

Thanks.

Q: This stock has been trending down of late. What is the short interest and has it increased over the past few weeks? What do you think of this stock? I have a small speculative position. Thanks

Q: Please comment on their Q3 including any thoughts on their accounts receivable management.

Q: Would you be concerned by the large AR build up from Q1 to Q2. I understand that insurance companies take a long time to pay, but is this too long a period?

Q: Please comment on their Q2.

Q: Hello.
At the moment Assure Holdings reminds me of CRH or PHM before the market took notice and the explosive share price gains that followed. Can you comment on valuation and overall as a speculative position? It looks quite cheap to me albeit a very limited public reporting history. Keystone recently recommended the stock as a spec buy. I'm interested to get 5i's take. Thanks.

Q: do you know anything about this company symbol iom.
in the healthcare space, profitable, fairly liquid.
is it buyable . dave