Investment Q&A

Q: Just a quick question on Sylogist. With a good amount of cash, no debt and a nice dividend, at what point - or more appropriately, at what price does one load up on shares? Even if they have a flat year or modest growth as they 'change', they seem very well positioned afterwards.

Thanks in advance,
J.

Q: What companies do you think may be potential acquirers of Sylogist?

Q: Hi 5i team,

Which one of these two would you recommend I add to my portfolio?

Q: After report of earnings(eps matched estimates)on Feb 23,MNW dropped sharply on big volume.On 3/7,after report of guidance & NCIB of max.7.8m shares,price recovered.On 3/9 announced new credit facility on better terms resulting in further appreciation.I have a small position.Please provide your expert opinion.Appreciate u usual great services & views

Q: Would appreciate your review of recent results and and longer term opinion of this company.
Thanks
John

Q: With regard to Brad's comments on Mar-7th - Miscellaneous - I am in full agreement with him. Thank You kindly, Catherine

Q: Just a comment
Over the past 3/6 months I have witnessed a significant activity in the micro cap and the small cap "bought deals" at discounted prices that are simply an insult for retail investors (Ie. the suckers..... I am one of those...). Discounts of 30 to even 50% are in the order of the day. The last one Acuity deal for 3000000 units at $ 3.4. Price this morning ... (drums rolling....) $4.25 at the open.
Well I have my idea about this gouging.
1/ Everybody is trying to is trying to grease their wheels before they cannot do it anymore, and nobody Ie. the Pros?? would buy acuity at 4.4 even 4. I agree and I would not except I am frustrated not to be able to get my fair share at 3.4.
2/ The market space has changed drastically with spreads so big that a mammoth would fit easily, Prices quoted are the reflection of TSX while in the meantime The pros are trading on Aequitas, Alpha, CSE, Instinet, Matchnow, Nasdaq CXC, CXD, and CX2...
3/ short sellers have a wonderful time in Canada, IROC nowhere to be seen or heard.

So what to do?
1/If you take ownership of your stocks take advantage of the gift that shor sellers give you (PHM anybody)
2/ Accept the fact that you are not the Alpha one around and that your power is limited, but refuse to be fleeced.
3/ Do not trade blindly Ie. open orders and follow YOUR stocks: Your level of comfort is directly related to your level of ownership.

Peter, your comment would be appreciated as usual.
CDJ

Q: Could I please have your comments on the MONANTIK announcement and its affect if any on the stock.
Thank You.

Q: Hi 5i - I'm seeing a trailing P/E of 2.2. Is that correct? Is it that undervalued?

Thx as always.

Q: I have been holding on to DH in anticipation of the takeover at $25.50 just announced. Do you know when the deal will close? Do you know if the next $0.12 dividend (x-div date is Mar. 22nd) will be paid? In short, is it better to sell now or wait to be taken out?

Thanks so much for your much-valued service,

Bob.

Q: Hi Team, you probably have a few of these questions so feel free to delete if it is creating clutter. What are your thoughts on the DH Corp purchase by Vista Equity Partners? Is it a fair price? It seems fairly opportunistic, do you know much about previous deals Vista has done? Do you see any chance of a white knight emerging? If I'm looking to move on from the position, what do you think is a good replacement for it (either tech or finance)? Thanks, Alex

Q: Did you listen to the conf call? Any further opinion??

Thx

Q: Your comments on the recent 4th qtr. & year end results of (MSI) Morneau Shepell would be appreciated.Do you know of any problems in the short term?
Thanks, as always,
Dave

Q: Hi,

A few months ago, you recommended AU.UN as one of the top investments for a combination of growth and distributions. Since then, it has done very well. Do you still perceive AW.UN as one of the top Canadian investments for a combination of growth and distributions?

Thanks,
IF

Q: Hi,

Can you please indicate your top 4 or 5 value oriented investments for a combination of dividends and capital gains for the long-term (3-5 years or so).

Thanks,
IF

Q: I am a 66 yr. old, dependant on my investment portfolio for almost all my income. I often hold equity positions for much too long and have suffered 60-100% losses in some stocks like Guestlogix, Paladin Energy, Avion/EDV Gold. Currently my largest holdings are: CSU, IPL, PSK, VET, H, TD and HR.UN. I am looking to replace some of the previous with the following names: SLF, MRT>UN, TCL.A, ENF, and FIE or FIE.A
Could you please RATE the positions held vs. the possible relacement positions and please provide colour on 'best' between the FIE's.

Thanks and fell free to consider as many credits as warranted.

Dean

Q: My son ( 31, single, no dependents, good salary) has $10,000 cash in his TFSA and $30,000 cash in his RRSP. He would like to begin building a growth portfolio with a 10 to 20+ year time frame. No stocks are owned at this time.
1) Suggestions on where to begin?
2) He plans to add $500 to $1000 monthly to the TFSA for the foreseeable future. Suggestions on how to employ these contributions?
Thank you, Trevor

Q: I have enough funds for one of the above.Which one would you choose and why? Many thanks .Anne

Q: My percentage market allocation presently in Altus, Kinaxis, and Open Text are 4.41%, 7.38%, and 3.85% respectively. Perhaps I'm top heavy in Tech stocks, though I plan to boost OTEX to a full position down the road. Would it make sense to sell AIF and replace it with either GUD or CRH since I hold no medical stocks at this time? You have helped my analytical skills tremendously, though I'm not good as digesting financial statements.

Thanks for this and keep up the good work.

Q: Just comment so please do not deduct credit.Re TD,agreed with 5I that the some $6b drop on 3/10 is excessive,& if TD is found guilty,the fine will likely be not material, plus no move now is the best move.So far this are just allegations,which have to be proven.TD stated that employees must abide by Code of conduct & ethics,i.e. act ethically & place interests of customers first.OSFI is always monitoring the financial institutions.As a retired employee of one of the other big Can.Banks,I can attest that we are closely supervised by management,plus many checks in place to ensure correctness. As a matter of fact,there was a booklet,Code of conduct & ethics on top of my table so that it is visible.We need to review it periodically with the supervisor.