Q: This one dipped on good earnings. Please advise re the next 2 years.
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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.
Q: Peter & Team. Would you take a 40%+ profit on NFI following the jump today on news of the acquisition of MCI? I must say this looks like a stunning deal for NFI. In its own back yard (Winnipeg), MCI is complementary, immediately accretive and at 6X EBITDA, cheap - and a nice dividend increase too!!. But the low ROI in NFI has also been less attractive on what I regards as the Tesla of the commuter bus industry. Would you sell on this good news?
Q: Hey Peter & Team,
Caveat... It's a US company so I appreciate if you are not prepared to answer but considering the Canadian market right now, the US is where we need to be until O&G starts to return to it's old self.
In Feb 2014 I inquired about MCK and you replied with;
"solid blue chip company in the health care space. At 20 times' earnings it is not cheap (after a 70% one year gain) but we note a strong balance sheet, good revenue growth and solid earnings growth."
At the time it was at $176.50. May of this year it peaked at $240.61. As of today with the healthcare sector getting hit in the last 6 months it's around $182.00 which is the lowest it has been since May 2014.
It has a reasonable and very sustainable dividend. Guidance continues to be excellent on both the top and bottom, and they just announced a $2BB share buy-back program.
It appears to me this equity is considerably cheaper than it was back in Feb 2014 when it was $170/sh, and I am having a tough time finding reasons why we shouldn't expect this stock to bounce back over the $200 mark in the very near future.
Am I missing anything? Not aware of something? What is your opinion of its recent report and do you still consider it as expensive as it was in Feb 2014? Finally, do you think I should buy or hold?
Yours Truly
Gun Shy Gord
ps... thanks for all you do
Caveat... It's a US company so I appreciate if you are not prepared to answer but considering the Canadian market right now, the US is where we need to be until O&G starts to return to it's old self.
In Feb 2014 I inquired about MCK and you replied with;
"solid blue chip company in the health care space. At 20 times' earnings it is not cheap (after a 70% one year gain) but we note a strong balance sheet, good revenue growth and solid earnings growth."
At the time it was at $176.50. May of this year it peaked at $240.61. As of today with the healthcare sector getting hit in the last 6 months it's around $182.00 which is the lowest it has been since May 2014.
It has a reasonable and very sustainable dividend. Guidance continues to be excellent on both the top and bottom, and they just announced a $2BB share buy-back program.
It appears to me this equity is considerably cheaper than it was back in Feb 2014 when it was $170/sh, and I am having a tough time finding reasons why we shouldn't expect this stock to bounce back over the $200 mark in the very near future.
Am I missing anything? Not aware of something? What is your opinion of its recent report and do you still consider it as expensive as it was in Feb 2014? Finally, do you think I should buy or hold?
Yours Truly
Gun Shy Gord
ps... thanks for all you do
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
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!
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.
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
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
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
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?