Investment Q&A

Q: 1) What do you think the odds are of DND being able to reverse the ruling by the CMA?

2) Do you agree that if DND had to sell TMG it would reduce revenue by about 6%? This was my rough calculation based on 2021 DND annual revenue.

Thanks for your insights.


These questions are prompted by the following news release:

"The CMA has provisionally found that Dye & Durham's acquisition of TMG, which closed in July 2021, would lessen competition in the UK property search services market. The CMA also asserts that the only effective way to address the issues it has identified would be for Dye & Durham to sell TMG to a third party. Lastly, the CMA press release gives the erroneous impression that Dye & Durham failed to notify the CMA regarding the transaction when in fact there was no obligation to do so under applicable UK law, which provides only for voluntary notification.


Dye & Durham disagrees with the CMA's provisional findings and is evaluating its potential options. Dye & Durham complies with all laws and regulations in every market in which it operates. The Company has exercised every best effort to help the CMA with its review of the transaction, explain its benefits and offer a remedy proposal and is ready to continue to work collaboratively with the CMA going forward."

Q: What order and at what price would you nibble at the stocks listed (already own them all at this point but no full positions other than Cost) + brief explanation why?

Is there any other screaming buys you would recommend at this time regardless of sector , Thanks for your help with my portfolio

Q: If DND announced earnings can you comment and give your future outlook.

Thanks



Sheldon

Q: hi 5i. I usually like to sell in times like these, to lock in the capital loss. I pair trade immediately after the sell, to stay invested, usually. the list is of my losers right now. are there any on the list you would not sell now and pair trade? and, can you provide a recommendation for each for another stock to pair trade with ( I am thinking hut8 for hive, perhaps nuvei for something? dsg for something? or maybe one name can replace 1 or more of the names. I would then most likely buy back the stocks I sold after the month of waiting is over, to lock in the losses. your thoughts/expertise is always appreciated. cheers, chris

Q: In December DND announced the transformative acquisition of Link for 3.2B financed with a share issuance at C$53.00 and a large debt facility. The timing could not have been worse. DND shares are now trading at $13 and tech valuations have collapsed. The original terms no longer make any sense. Do you expect the terms to be renegotiated or DND to walk from this deal?

Thanks.

Q: On the previous question about DND you answered "At 6.8x earnings, it is very cheap and we think the risks are more than priced in at this point."

I would agree but how did you come up with 6.8 x earnings? I'm not coming up with this ratio at all TTM or future. Please explain the math behind it.

Dave

Q: DND seems to be getting hit hard again. Do you think this is people selling before the earnings later this month in combination with market backdrop? I think this company has been overly beat up. Even if their purchase in Australia is not allowed they are still growing at a good pace are they not?. Would you add to a position today to lower cost? I am down about 25% money not needed for 10+ years. Thanks

Q: Good morning, Today, what stocks are catching your interest given their current prices? for both higher and lower risk investors. Does DND make that list?
Thanks for your services?

Q: After taking a profit from an oil company you suggested last year (thank you!), I am looking to re-invest (outside of the commodity sectors) accepting higher risk for return. It's a registered account with 10 years before the money is needed. Of the companies listed which would you expect to have the most growth over 10 years?

Q: Hello 5i Research
Thank you for the guidance during these difficult times in the market.
I would like to start a small new position in DND and BYD at the current prices .Would you wait for the market to settle or buy now?
Thanks

Q: What would be your top 3 growth picks for Canada and for the US that are in the "bargain bin" today?

Q: Please rank these securities in terms of attractiveness at current valuations. Looking for best total return opportunity with 5 year time horizon

Q: To date, DND has been a DUD. What do YOU expect from earnings tomorrow? Are you bullish on the outlook or more of the same?

Thanks


Sheldon

Q: Can you please list the earnings announcement dates on these stocks and if it before or after hours..


Many thanks


Sheldon

Q: Is this a screaming buy at current levels? Assuming the large acquisition does not go through or if it does?

Q: What would be the most likely three reasons why the CFO resigned from your instincts and experience and best guess based on the tone of the news release and does this change your opinion on the company for a long term hold? Thanks. June

Q: Any reason stock dropped sharply over past 7 days? Would you average down at this level?

Thanks,

Q: I hold a position of DND and am I underwater. The declining price is really starting to concern me. Can you please help me with the valuation at current levels and calm my nerves. Has anything significantly changed with the company other than market sentiment?

Q: Hi 5i,

Regarding previous answer to DND, if the LINK acquisition proceeds, what impact that might have on share price in short term? What is your take on the possibility of this acquisition going ahead?
Thanks!

Q: a recent response to a dnd question mentioned things have changed since announcement about link. can you expand on what has changed and what your outlook is for dnd. it was one of your fairly strong recommendations not too long ago. how do you rate it now.