Investment Q&A

Q: Can you please give the breakdown of revenue to show the portion from the search engine. I understand that Google has and is spending a lot on AI but personally I have not felt their search function to change much, if at all. Whereas the new search engines like Perplexity really illustrate how much more can be done to answer queries. Am also wondering if Google is going to stun the world with new search features, or if its bogged down in technical bureaucracy or something in between. It appears not to be nimble in its response to AI market demand. Thank you for your views.

Q: If not already asked: What are your thoughts about DIR.UN’s earnings?

Q: As a shareholder I am curious as to their reasoning for not raising the distribution since inception (about 12 years!). It has been about 6 cents for all that time. I also note that the share price has not been growing also, which more or less defeats any convincing argument that funds are being held back to do accretive acquisitions. The payout ratio seems low for a REIT, at 69%, and I note that it has been steadily decreasing. The share count is also increasing (primarily the DRIP?)
My current view is that I can no longer be a shareholder if there is no dividend increase, or if there is an argument as to why that isn't going to happen.
Do you have any argument that could support my remaining a shareholder in a company where neither the distribution nor the share price is increasing?
Thanks!
Paul K.

Q: I was under impression from your answers on BN and BAM that BN would outperform BAM in share price since BAM pays a dividend. Looking at both stocks the opposite is happening. BAM is outperforming BN and even more so when the div is included. Could you confirm? If my observation is correct could you explain how this is happening? Again, if i am correct and BN was your holding, would you switch to BAM? At this point i am not looking for a div so i would be fine with dripping. Is there a possibility of this trend reversing? I guess i could own both. what would be the split ratio that would reflect the relationship between BN and BAM that you would suggest?

Q: Are you considering this recent drop in GOOG today a buying opportunity for the long term?You mentioned in a previous question that the news today is not new n’or great for the company.. Would you pounce on this opportunity or wait it out?

Thanks again

Thanks

Q: Just to clarify from my last question, would ACWX be a compliment, non correlated ETF to VIU or an alternative?

Q: Hi Everyone at 5i!!
I own both of these stocks and have some money to deploy. Considering the need for infrastructure, would BIP be the better one to add the additional funds to?.

Cheers,
Tamara

Q: I understand GOT is planning to drive an exploration adit at its gold prospect. Do you feel they have done sufficient drilling to justify the adit? I anticipate the adit will escalate the exploration risks / costs. I note no major gold miner has taken an interest in the project as I don’t consider McEwan a major player. Any thoughts you have would be appreciated.
Jim

Q: Hi there you recently answered a question about which CDN companies qualify as Eligible dividends. Is it safe to say that all the “Brookfield.un” structures do NOT qualify?

Ok thanks.

Q: I would appreciate your comments on Nebius’s announcement today reporting that Bezos Expeditions has become a lead investor in AI Data Business Toloka. Nebius will also relinquish majority voting control of Toloka to provide them with greater independence and governance flexibility. Is this significant?

Q: Why the fall today?

Q: Hi,

Do you see much growth in the video games sector in the present context ?

Which are the best opportunities to invest in the sector with a potential of strong growth in the next 3 years ?

Thank you in advance for your answer,

Jacques IDS

Q: Peter and His Wonder Team
I thought their Quarterly Report was positive but the stock is down. What am I missing? Thanks!

Q: The above private equities companies have taken a significant dive over the last few months, disproportionally volatile coamoted to the SP500. Can you please

1. Comment on the reasons for market underperformance in this sector

2. Are any of these must owns ? (I know BN is a favourite of your’s, I own a 3% position)

3. Can you rank them in terms of preference for total return over 5 to 10 years? I am open to you including onex in the list.

4. if I wanted to increase my exposure to financial (I am underweight financials, and moreso on the US side), would you look to topping Brookfield or adding a second name?

5. How much sector exposure to this sub sector would you recommend in terms of Portolio allocation for a growth invester?

Thank you and please deduct credits as you deem necessary.

Best,
Karim.

Q: I found a company that I feel could be long term compounder and would appreciate your opinion. The CEO Brad Jacobs is stellar. Former founder of United Rentals and XPO. The CEO put in 1B of his family money. QXO will consolidate the building supply industry. And modernize warehousing and distribution with tech and AI. The company just started rolling several months ago so its early days. Huge TAM and secular tailwinds galore. Just completed an 11B deal to acquire Beacon Roofing.

Thanks.

Q: your answORC.B is quite small, and is the 'stub piece' of a company that was sold (Pan Ocean, by the same management) many years ago. So, the team has built and sold companies before. ORC is very small at $55M. Earnings have been up and down, and it currently has $60M net cash. Insiders own 18%. The company has been in a long running dispute with Tanzania, but this was settled this week with more money coming into ORC for natural gas sold in prior years. This is positive but highlights some of the political risk here. Two analysts cover the company. Shares have really underperformed, down 33% in ten years. Despite the pedigree of management, we would have little interest here, though certainly the company could get more active with its cash and this could spice things up if it were to do so. er was

I am wondering why dont we take the company private for no cost and stick 5 million in our pockets. Do you want to go 1/2 and 1/2?

Q: Will RHT.H ever solve their issues? Do think it is doomed? What is your advice on holding or should I exit?

Q: What are the street estimates for Topicus and Constellation ? Thank You

Q: Good morning. What are your thoughts on Arctic Wolf? Are there any new developments? I am not familiar with Forge Gloval or Hiive and would appreciate any information on how this works. Thank you.

Q: I bought DIS for a post-Covid turnaround, but here we are five years post-Covid and the stock is still well below its pre-Covid valuation. Could you please assess its earnings tomorrow and advise whether to hang in or move on?