Q: With respect to Betty's question below on CGI, I think this sell off is simply because of the increased scrutiny CGI will be facing due to the poor roll out of Obamacare?? Recent article today in the Globe about it. This story does not seem to be going away any time soon, and rightfully or wrongfully, CGI's name will be run through the mud, both for the site STILL crashing, and the huge cost of the program. Obamacare will obviously be debated heavily over the next 3 months... referances to the poor roll out will be made by everyone, and CGI will be the one tied to it. Personally? I think it's just a good opportunity for those not it, to get in, but I'm a shareholder so take that with a grain of salt. Just my 2 cents.
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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: Could you please let me know why gib.a shares are selling off today. I can't find any info. Just bought this stock yesterday, thought it was a good bye! Please let me know your thoughts . Thank you. Betty
Q: Peter; Do you see any reason for concern on CGI relative to their Obamacare software problem. Thanks.Rod
Q: Hi Peter, CGI group is up ~5% today. I dont see any related news, whats going on with them?
BTW, i am long time shareholder and intend to stay invested ion CGI
BTW, i am long time shareholder and intend to stay invested ion CGI
Q: Re GIB.A: is this an example of noise from sell side analysts?
"Deutsche Bank downgraded CGI Group to Sell saying the company's aggressive accounting has driven much of the reported margin improvement. The firm says CGI's top line growth is weak and lowered its price target for shares to $24 from $32." (Sept.3)
What I don't understand is: why not just say the outlook for the company is poor or shares are overvalued rather than smear the company's accountants? Any thoughts? J.
"Deutsche Bank downgraded CGI Group to Sell saying the company's aggressive accounting has driven much of the reported margin improvement. The firm says CGI's top line growth is weak and lowered its price target for shares to $24 from $32." (Sept.3)
What I don't understand is: why not just say the outlook for the company is poor or shares are overvalued rather than smear the company's accountants? Any thoughts? J.
Q: Peter if you could add 3 extra names to your model portfolio for long term growth with a dividend or without a dividend (value, growth) what would they be at this time?
Tks
Tks
Q: Hello, I see CGI (Gib.a ) went down over 4% today. was this because of the acquisition? a good buying opportunity or should I wait to buy? thanks. Helen
Q: CGI Group (GIB.A) has recently had its accounting questioned by Veritias research of Toronto. According to a recent article in the Globe and Mail the analysts there are of the opinion that the recent logica acquistion in the UK is being used imaginatively by the accountants at CGI to artificially inflate future earnings at the company. Nothing illegal is suggested but its rather dubious if true. Any comments?
Q: hi 5i'
can you expand on gib.a's homeland security contract benefits, besides financial of course? do you know what the contracts are about. do they mean more great spying on US citizens and probably canadian citizens? that sounds great if that is the case, but are they going to do even more? perhaps more renditions, and sending those "terrorist" types off to cuba prisons with no trial. wouldn't that be fantastic. please tell me more!
can you expand on gib.a's homeland security contract benefits, besides financial of course? do you know what the contracts are about. do they mean more great spying on US citizens and probably canadian citizens? that sounds great if that is the case, but are they going to do even more? perhaps more renditions, and sending those "terrorist" types off to cuba prisons with no trial. wouldn't that be fantastic. please tell me more!
Q: Peter; Is there any significance to GIB.A qualifying to bid onthe $6 billion Homeland Security contract? Thanks.Rod
Q: Peter; Could you comment on the FP article on GIB.a? If I was short I would be very happy with the negative analysts report. Thanks. Rod
Q: in Tech sector, would you prefer TSM at $16.25 or CGI ( gib.a) at $35.25 ? thanks..
Q: GIB.A
Please comment on Q3.
Please comment on Q3.
Q: GIB.A - What is the consensus for CGI's Q3?
Q: Hi Peter,
Could you comment on the news for CGI (GIB.A) announcing a 6 year extension on the contract to manage Interac services? Thanks for your useful insights.
Could you comment on the news for CGI (GIB.A) announcing a 6 year extension on the contract to manage Interac services? Thanks for your useful insights.
Q: Any reason for Goldman's downgrade of CGI group today? They are selling off a little because of it.
Thanks.
Thanks.
Q: Peter; With CGI earnings due July 31 would you sell into a dropping share price or hold untl they announce and decide then? Thanks. rod
Q: what would you consider a better long term investment, enghouse[esl], or cgi group,[gib.a] thanks?
Q: Hello, noticed today the dividend payers were sold off due to "concern of interest rates rising sooner than expected" . This was the explanation I heard but I can't share the view that rate hikes are imminent in any way. Having said that, bonds also seem to be selling off and I am not one to argue with the market. My question is if there is a fear of interest rate hikes coming would this put pressure on a stock like CGI which is carrying a high debt load? Thank you.
Q: love to read your reports and reply on all the questions ,wouls like your opinion on GIB.a thanks a lot