Q: With the share price depressed, I would imagine management would not want to issue equity for acquisitions as it would be too dilutive. In light of this, does Converge have enough cash flow to hit the 5 billion run rate in revenue for 2025? Or are acquisitions going to be largely debt financed? If debt financed, do they earn enough on these to overcome high interest rates and cost of capital? Thanks.
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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.
- goeasy Ltd. (GSY)
- Redishred Capital Corp. (KUT)
- Converge Technology Solutions Corp. (CTS)
- Dye & Durham Limited (DND)
- Propel Holdings Inc. (PRL)
Q: Hi 5i Team,
Would you recommend any of these as a buy at this current time as a basket of smaller cap companies? If so, what order would you rank these?
Thanks,
Jon
Would you recommend any of these as a buy at this current time as a basket of smaller cap companies? If so, what order would you rank these?
Thanks,
Jon
Q: Peter; I’ve seen all the recent ? on CTS but was wondering if, due to their ability to convert - and add to- their debt, if this would be a buy signal now? Thank. Rod
- goeasy Ltd. (GSY)
- Aritzia Inc. Subordinate Voting Shares (ATZ)
- Converge Technology Solutions Corp. (CTS)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- Nuvei Corporation Subordinate Voting Shares (NVEI)
- Topicus.com Inc. (TOI)
- Quipt Home Medical Corp. (QIPT)
Q: Looking to reposition out of Oil&Gas. The noted companies have been beaten down. How would you rank for a 3 year horizon. Highest to lowest. Any other names you would add to this list?
Q: I have held TOY for many years and it has shown glimpses of promise but has never really fulfilled its potential. My return has been relatively flat over that time period. Part of my interest in TOY was the potiential for it to be taken out, but the more I read about the company the less convinced I am that the founders have any interest in exiting. Although it has held up better than the market during the past year, I am wondering if it would be a good time to take advantage of its relative strenght and purchase one of the many good companies that have been "unfairly" punished and which might have greater upside than TOY over the next 3-5 years. One such stock I have been watching is CTS.
- would you agree that a trade of TOY to CTS is likely to yield a better return over 3-5 years?
- would there be a better trade you would recommend?
- how likely is it that a large catalyst (ie a blockbuster toy or a takeover) is going to occur to propel TOY higher?
- on a scale of 1-10, 10 being most risky, how would you rate the risk level of TOY vs CTS?
Many Thanks
Scott
- would you agree that a trade of TOY to CTS is likely to yield a better return over 3-5 years?
- would there be a better trade you would recommend?
- how likely is it that a large catalyst (ie a blockbuster toy or a takeover) is going to occur to propel TOY higher?
- on a scale of 1-10, 10 being most risky, how would you rate the risk level of TOY vs CTS?
Many Thanks
Scott
- Aritzia Inc. Subordinate Voting Shares (ATZ)
- Converge Technology Solutions Corp. (CTS)
- Topicus.com Inc. (TOI)
Q: I have some money to invest and looking for growth over the next 5 to 7 years. Between the 3, which one would you side with at the moment. If you have a better suggestion, feel free to give your insight. Thanks !
Q: Looking at Converge’s press releases, it seems they have 40%ish revenue growth with 9%ish organic. They have a large number of acquisitions.
My questions: is CTS considered a roll-up?
How long is the runway for acquisitions?
And what is the trend of their debts ratios?
Thanks
My questions: is CTS considered a roll-up?
How long is the runway for acquisitions?
And what is the trend of their debts ratios?
Thanks
Q: Peter and 5i Gang
Am I the patsy at this betting table ? Looking at Converge and I can not figure out if I should raise on my next bet. The business look attractive with today's economics and the runway for growth. What's the 5i house's thoughts on this bet ?
Thanks
Patrick
Am I the patsy at this betting table ? Looking at Converge and I can not figure out if I should raise on my next bet. The business look attractive with today's economics and the runway for growth. What's the 5i house's thoughts on this bet ?
Thanks
Patrick
Q: Can you discuss why these two keep dropping and projections for the future. Many thanks.
- WELL Health Technologies Corp. (WELL)
- Converge Technology Solutions Corp. (CTS)
- Enthusiast Gaming Holdings Inc. (EGLX)
Q: If you didn't own any of these stocks would you feel comfortable in buying full positions today.
Q: Good Morning 5i Team,
I hold TOI, CTS, ENGH in one account as my small cap technology allocation. Price action of course has been brutal since last fall. Would you continue to hold all three names or would you recommend getting rid of one or more ?? Would you add to any ?? Do you have any alternatives that may have better risk / reward in an eventual tech recovery ?? Thanks very much for your help. DL
I hold TOI, CTS, ENGH in one account as my small cap technology allocation. Price action of course has been brutal since last fall. Would you continue to hold all three names or would you recommend getting rid of one or more ?? Would you add to any ?? Do you have any alternatives that may have better risk / reward in an eventual tech recovery ?? Thanks very much for your help. DL
- Sangoma Technologies Corporation (STC)
- WELL Health Technologies Corp. (WELL)
- Converge Technology Solutions Corp. (CTS)
- Dye & Durham Limited (DND)
- Anaergia Inc. Subordinate Voting Shares (ANRG)
Q: Hi, I have very small positions in each of these. Do you think it makes sense to sell STC ANRG and WELL to add to DND and CTS ? I view them as «safer» compagnies if a recession comes and they have as much long term upside potential as the others. What are your thoughts ? Thank you.
Q: Peter; BNS just updated their report on CTS, and added the new acquisition in to it, coming up with a $14.00 target .Do,you think this a reasonable target or just looking for fees ? Thanks. Rod.
- Sangoma Technologies Corporation (STC)
- Sylogist Ltd. (SYZ)
- Converge Technology Solutions Corp. (CTS)
Q: With the general sell off in tech stocks, I'm currently down about 40% on each of these companies. However, I remain long term positive on them and would like your opinion as whether now is the time to add to my positions or whether you feel there may be further pain ahead for the sector and I'd be better off biding my time?
Thanks, Rick
Thanks, Rick
- Sangoma Technologies Corporation (STC)
- TFI International Inc. (TFII)
- Miscellaneous (MISC)
- goeasy Ltd. (GSY)
- WELL Health Technologies Corp. (WELL)
- Converge Technology Solutions Corp. (CTS)
- Enthusiast Gaming Holdings Inc. (EGLX)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- Dye & Durham Limited (DND)
- Nuvei Corporation Subordinate Voting Shares (NVEI)
- Anaergia Inc. Subordinate Voting Shares (ANRG)
Q: For fun if you were to build a concentrated portfolio with Canadian stocks maximum holding 7-10 what would be your picks today.
- Apple Inc. (AAPL)
- Meta Platforms Inc. (META)
- NVIDIA Corporation (NVDA)
- Salesforce Inc. (CRM)
- TFI International Inc. (TFII)
- Teladoc Health Inc. (TDOC)
- Converge Technology Solutions Corp. (CTS)
- Topicus.com Inc. (TOI)
- D2L Inc. Subordinate Voting Shares (DTOL)
Q: Hi Peter and team.
Significant losses in all of these over last 3-6 months. Would you bail out on any of them and what could I reinvest in 3 CDN and 3 US that have been similarly beaten down but have a better growth outlook ?
Personal account with a fair balance of 40% US securities currently.
Thanks for all the advice
Peter
Significant losses in all of these over last 3-6 months. Would you bail out on any of them and what could I reinvest in 3 CDN and 3 US that have been similarly beaten down but have a better growth outlook ?
Personal account with a fair balance of 40% US securities currently.
Thanks for all the advice
Peter
- Amazon.com Inc. (AMZN)
- Alphabet Inc. (GOOG)
- Bank of Montreal (BMO)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Converge Technology Solutions Corp. (CTS)
- Enthusiast Gaming Holdings Inc. (EGLX)
- Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
- Digital Turbine Inc. (APPS)
- Nuvei Corporation Subordinate Voting Shares (NVEI)
- Upstart Holdings Inc. (UPST)
- Topicus.com Inc. (TOI)
Q: I have 1400 BMO shares in Rrsp, I want to sell them and buy tech stocks, looks like tech stocks are hit bottom, this is the list that I want to buy Lspd, Nvei, Toi, shop, Cts, Eglx, At , Goog, Amzn, Upst and Apps, your thoughts please, thanks always.
- Descartes Systems Group Inc. (The) (DSG)
- Converge Technology Solutions Corp. (CTS)
- Topicus.com Inc. (TOI)
Q: I own these 3 stocks. I would like to own only one for a long term investment, as they all seem to be in the same field. Is this a good idea or are they different enough to hold all 3.
Thank you!
Thank you!
Q: Peter; Is the IBM announcement today,May26, a big deal or just hohum? Thanks. Rod
Q: Hi,
Your comments on Converge latest results ? Is it still a buy ?
Thanks
Your comments on Converge latest results ? Is it still a buy ?
Thanks