Investment Q&A

Q: hey Peter & Team,

Tired of answering questions about this one? To be honest, I'm tired of hanging on to it while waiting for Fernandes to stop alienating his Management Team and continuously offering excuses to his shareholders.

As of today, I am a little over 50% in the red. It reports in a little over a week and despite my fully understanding your advice to never trade on report speculation, I can't help but feel we are going to hear more of the same.... spending for the future blah blah blah.

Please provide your advice... I am seriously considering sell AVO, eat the loss and replace it with FirstService Corp.

Good idea? Bad idea? Will a rate hike hurt FSV? Any others you would recommend for me to look at?

Presently, AVO is 4% of my holdings and I do not have anything in the Real Estate Sector.

ps... I must admit being a bit nervous of Canadian Real Estate at this time.

Thanks for all you do

Gord

Q: Hello team, Is IT dropping in sympathy with AYA or is there something we don't know?
Thank you!

Q: Just a quick comment regarding AYA and the reaction to them prepositioning to possibly issue equity in the future: remember, the last time they issued equity they did it at a 100% premium to the price the common stock had been trading at the 5 days prior to the Pokerstars deal.

Just some food for thought. If they issue equity, it may be a really good deal and accretive to existing shareholders like last time.

Q: Could you please clarify an answer regarding Amaya? You said that "It has paid down debt and bought back shares". But higher you said they are financing 3 billion (emitting shares). Are they emitting shares or buying them back? Thanks.

Q: Will you be changing your b+ rating of Amaya.

Q: In my RRSP Account, my Patient Home Monitoring position is down 60%, I'm considering selling it and adding to my 2.5 weighting in Concordia which I purchased this week. If I proceed, I'd have a 4% weight in CXR. I'd appreciate 5i's opinion to make the switch or hold PHM or a few more quarters?

Q: Hi
I hold AFN, mainly for income, but I'm down 35% on it.
I have a 1.4% position.
What metrics do you consider when you look at a company like this one?

I also own POT (down 30%) and AGU (flat).
Those have a 2% weighting each.

Am I too exposed to this sector? Would you trim or remove anything?

Thanks

Q: With the steep drop in Amaya today, is it the right time to accumulate more shares?

Q: Hi Peter! AYA is taking a huge hit this morning. Are the results/guidance really that disapointing? What his your opinion going forward?

Q: Can you give us the top 3 quality REIT names to hold for long-term income?

Q: With all the market craziness out there and the huge share price drops on missed earnings, regardless if the stock is cheap or not, I was thinking of using some of my CDV (Com Dev) proceeds to buy a name like Andrew Peller (ADW.A). Low beta, 5% - 10% growing eps, decent and growing dividend, reasonable valuation, sounds pretty good to me. Are there any red flags in the story that I am not aware of (regulatory issues, unfavourable debt?).

What are the potential holes in Andrew Peller that can hinder share price growth?

Lastly, any news on when ADW.A will announce earnings? The best I can come up with is before November 30

Thanks again.

John

Q: Does Amaya's earnings report really deserve a 26% beat-down? Looking at the numbers, I would have though 12% would be a big hit. Why is this thing getting pounded so hard?

Q: The stock is down 30% today, do you consider it a buy, hold, or sell after the 3Q results release? This was supposed to be a growth stock (same as AVO, PHM, CXR, etc.) but it looks like the corporate guidance does point this way...

Q: The retro fit bonanza is not going to happen after all according to this am. earnings release. Please comment on this as well as the earnings.

Thank you

Q: Can you comment on earnings for Diversified Royalty. System-wide same store sales grew, now have three different royalty streams: Mr. Lube, Sutton Realty and Original Joe's Restaurants. These seem quite low risk, stable royalties to me. Maintained the 8% dividend and started a DRIP plan. Any comments appreciated on this company, thanks.

Q: From your response to Jim's question this morning, MAW150 looks quite good. I need some education on tax issues. I could either add to my TFSA in January or a fully taxed self-directed account. Can you advise on the the tax issues for each account?

Q: Can you comment on the recent earnings release? Also what do you think of the company going forward?

Q: I own some shares of CRR.un.p/p $13.50,1.3% of my portfolio. Please your expert opinion on 1) its result released today & 2)hold,buy or sell.Appreciate your usual great views & services.

Q: Could I get your opinion on Alcoa? Thanks

Q: your take on amayas earnings. dave