Investment Q&A

Q: Occasionally I develop a strong conviction on where the Bitcoin price is headed, and would like your thoughts on best way to play short-term, (1-7day), moves on this. Must be CDN listed and 2x vehicles would be fine as well.
Thanks

Q: Any thoughts on ABXX? I have held it for a while but their financial updates are pretty rare.

Q: Could you please provide some "colour" around the substantial issuer bid and the news release today regarding the intention of insider Intercap to participate? Market doesn't seem to like it, and I am wondering if you would consider buying today on the weakness if as an investor you were positive on the company and their prospects.
Thank you

Q: If I own ENB, PPL and KEY, would RGSI be a worthwhile compliment/alternative or are my bases pretty well covered? Thanks?

Q: This is a company that you recommended back in 2024 and it has seen a sharp decline in their share price over the past 18 months. Do you see the current price as an entry point for a new position? In general, is this a stock you'd recommend or avoid?

Q: I am looking for an all in one equity etf. What are your thoughts on FEQT vs VEQT ? I understand FEQT is actively managed using factor approach and has much less stocks. Does the 0.43 MER for FEQT include the MER for the underlying ETFs ? I wouldn’t think that Fidelity would be charging investors twice.

Q: I’ve spent 30 years as an business owner in the irrigation sector, navigating four major tech shifts: mechanical dials, digital screens, cloud software, and now AI.
While financial models capture the numbers, they often miss the qualitative reality of running a business on the ground. In my experience, customers don't buy "code"—they buy reliability. Every time technology shifted, I never lost a customer. They didn't run to a startup; they called the partner they already trusted for the upgrade.
Why this benefits Constellation Software ($CSU):
• New Revenue Streams: In my business, every shift allowed me to sell new "value-add" services—from remote monitoring to predictive maintenance. CSU is doing the same. AI isn't a replacement; it's a premium feature they can upsell to a locked-in audience.
• Embedded Infrastructure: Like irrigation pipes in the ground, CSU’s software is mission-critical and expensive to replace. It’s a "Digital Utility."
• The Survival Filter: 50% of new companies go bankrupt in their first 5 years. A business owner won't gamble their operations on a "shiny" AI tool from a company that might not exist in 24 months.
• Margin Expansion: AI is a low-cost maintenance tool for incumbents. It allows CSU to support legacy systems at a fraction of the previous cost, turning a "cost center" into a "profit center."
I see a company that owns the "wall" (the relationship), while others worry about the "box" (the code). Does my reasoning—that tech shifts actually strengthen the incumbent by creating new revenue—make sense from your perspective?

Q: Hi,
In Les' question submitted on Feb 17....you answered...."If we set aside risk parameters largely, we would consider these: BN, PNG, SHOP, CLS, ZDC, VNP, CSU, WSP, CNQ, CNR".
Was this the preference order to buy given the current climate of things? If not, could you please re-order with what you would buy first? Some are probably down (unwarranted?) more than others for various current reasons so those might be more attractive currently?

cheers,
Steve

Q: AGT Food and Ingredients was bought by FFH back in 2019, but has now announced it's intention to do an IPO. Why would FFH decide to let this go public just as relations with India seem to be thawing, opening up a huge market for AGT?

Q: Your thoughts on yesterday's earnings? Would you be comfortable adding? Is this a sell, buy, or hold?
Thank you
P

Q: Cold is having a good day today. whats going on with this stock? when is it ex div.
Thanks

Q: When does PNG next report and what is expected? What information in the release are you looking for that may influence the stock either up or down? Are your expectations different from consensus?

Q: Received my first dividend on this US listed stock in my US Rif. After looking at all the dividends in and deductions out, I calculate I'm paying approx. 47% with holding tax! 37% appears to be on the US side, 10% on the Canadian side. Sound about right to you? If so I'll be selling this right quick!
Also, do I now have to worry about filing US taxes?

Q: Hello Peter
while ALA, PEY, SU and CNQ are all doing well
Tou.ca seems to lag and is a disappointment
should I hold on to it or if I switch, which of the above is your favorite?
thanks
Michael

Q: Currently I do not own either of MDA or TSAT.

If I bought both would that be an overlap of similarity?

If yes which on would you choose with highest growth potential over the next 5 years?

Thanks

Sheldon

Q: I thought Goeasy reported. If so, may I have your comments on earnings please

Q: What would be your top pick for an ETF that tracks the S&P/TSX Composite Index?

Q: From Michael Burry.

Palantir’s accounts receivable (AR) is first up. The traditional metric for AR is Days Sales Outstanding (DSO), with higher DSO implying customers are taking their time to pay for Palantir’s services for one reason or another.

In 9 of the last 12 quarters, AR grew faster than revenue – a persistent pattern generally attached to nefarious tricks such as channel stuffing, aggressive revenue recognition, or extended payment terms used as sales concessions. For real subscription businesses, AR growth should track revenue growth closely. When AR is volatile or outgrows revenue, it means the company is booking sales faster than it is collecting cash.

Reason to sell or not, how big a deal is it?

Thank you.

Q: I must be missing something re MU. It is trading aa bit over 10x next years earnings, unless my sources are wrong. My question is why? They are building two new huge production facitilites in Boise, one in Japan and one in New York, because the supply can't keep up with demand. Their margins have increased from around 15% 18 months ago to 55% now, and they are projecting 66% in Q1.

I know they have two major (successful) competitors, but the demand is so strong, and the backlogs so long, I just don't see any major risk for at least the next 12-18 months. Am I wrong? So why is the PE so low?

Q: Hello,
Could you comment on most recent Roku earnings?
Many thanks

Stephane