Investment Q&A

Q: Is there a solid business here- do you think an investor buying at these low prices will be rewarded? If Plantro gives up an sells its shares I am thinking if they can find a single strategic purchaser it might be a catalyst.

Q: As you said about DND in the last answer 'that's just this week' and the week wasn't over!

If you looked at DND as a target and assume it can get a fair valuation for its business, what do you think that range is? or in other words if someone believed they could buy the business and not the drama what is the range? Any guesses on who might be buyers?

Q: Hi 5i,

Would appreciate you thoughts on DND's current prospects.

Given all the negative news surrounding the company, does it make sense to continue to hold on to the potential chance that the company will be bought out and taken private?

Otherwise will most likely sell before year end to take advantage of the tax loss.

Appreciate the service as always.

Thanks,

Greg C.

Q: Hi, I still have 2000 shares of DND which I bought at much higher levels. With the yet again announcement of a another strategic review, would you sell 1/4 (or even 1/2) position into this mini rally...up approx 30% today vs yesterdays close. As we all know this stock has been a major disappointment for various/multiple reasons the last several years....yet once showed so much promise. I have reluctantly held on hoping/praying ;) for a buyout. What do you think a fair price might be in a buyout situation...around the $20 level? I thought that number was mentioned in a news release several weeks ago.
I suspect if the strategic review fails again, this stock will retreat back to the $7 range.
I recall you suggested a sell perhaps a year ago or so.

cheers....

Q: can you pls compare these software companies...are any of these are a buy?

Q: I'm cleaning up my portfolio and would like your take if any of these can come back from the dead? they are all in a registered account so no tax loss available. these all are now less than 1 % of total portfolio would it make sense to add to any (STC, ILLM)?

Q: Hello,

Can you comment about new CEO and CFO at DND?

Thank you

Q: Your thoughts on the quarter and future prospects would be welcome!

Q: Hello 5i,
There have been many negative questions regarding Tariffs and other non-Canadian officials. Wondering if it makes sense to look to those Canadian companies that would benefit from the upcoming April 28, 2025 event results.
Following is my list of questions for you – please feel free to take as many credits as you require since I typically don’t use many.
• The clear winner looks to be BAM/BN/BIP/BEP with the massive housing & project build plans. Some housing build plans look to be well beyond anything the private sector has ever seen. Outside of investing in BAM/BN/BIP/BEP are there any other companies that will experience increased growth rates? Perhaps Canadian Only Lumber Companies, Steel, etc.… Being careful to ensure the industrial carbon tax doesn’t offset any building growth rates.
• Looks like major projects are going to be built to save the country from the tariffs. Assuming these are going to be non-conventional energy would the companies such as BAM/BN/BIP/BEP/WSP, benefit the most? Are there any other companies to start looking at? Perhaps carbon capture companies?
• I wonder if there are any areas of benefactors increasing/decreasing the amount of tax havens in Canada? There are a fair number of mid/small companies that could setup a beneficial tax structure and become more profitable. My experience with setting up offshore structures is that there are setup/dismantle/maintenance costs with Lawyers and Accountants but perhaps other benefactors are investable. Are there any publicly traded Accounting or Legal companies to start watching?
• With proposed additional spend to media companies are there any benefactors? Will BCE benefit from the overall plan? Are there companies worth looking at in the media sector?
• With the additional military spend are there any companies in Canada to invest in? I have a small position in MAL which could benefit from Canada built fighter jets. Is BBD.B a good one to look at?
• After reviewing the proposed firearm buyback pricing list, the overall program looks to be worth ~$2B in 2025 for Canadians. My question is could there be benefactors to this spend? Maybe ~$2B is not enough to stimulate the economy considering the current spending levels but it reminds me of a COVID-like spend bump. Assuming a large portion of the funds will be redistributed back into the economy.
• Health care seems to be getting an increased focus compounded with the buy Canada therefore are there any pure Canadian pharmaceutical/healthcare companies that will benefit? I have a SIS position that I could add to if they are going to be benefactors. Are there any companies that provide safe site vending machines or building structures?

Q: Hi 5i,

Would appreciate your thoughts on DND at this current valuation. ($8.23 as of April 11/25)

At current levels its a pretty tempting buy.

Thank you,

Greg C.

Q: At one point it seemed like LSPD, DND, TIXT, REAL and WELL were market darlings with great potential, and DCBO, SHOP and ATZ were on more solid ground. Are any nearing the point of accumulation or should I start buying Spam for the apparent apocalypse?!!

Q: Do think there is much credibility behind the rumour of a share buyout?
Your take on this would be appreciated. Many thanks.

Q: Since you last commented on this one mid Dec of last year it dropped about 40%. I am wondering if it is perhaps becoming more attractive. Do you believe that the real estate market will hold up over the next year?

Q: Hi 5i,
What do you expect might happen with DND following the recent events in the next year or two.
Currently held and hopeful for the future, just wondering how much time makes sense to see what comes about before considering a next move.
Thanks

Q: Hi 5i Team,

If you owned DND shares, who would you vote for at the upcoming general and special meeting, the management nominees or the dissident nominees?

Thanks for your opinion.

Q: Can I get some context surrounding the recent announcements, the stock price movement, and what all of this might mean?

Q: What caused the move in DND today ??

John C.

Q: I purchased DND back when it was in your portfolio, you have since dropped it, I still hold a small share. What is your opinion now with the two recent acquisitions and Engine Capital (approx 7% owner) not overly pleased.

Thank you

Jim

Q: Hi 5i,

Would appreciate your thoughts on DND fourth quarter results? Specifically, their progress towards debt reduction and the upside vs downside risk from the current valuation.

Thank you,

Greg C.

Q: Vancouver-based Clio a leader in legal technology.

Are you aware of a public company that would be similar to Clio to invest in?

What does a leader in legal technology actually do?

A public company in another field of technology other than legal that has potential.

Thank you.