Investment Q&A

Q: Hi 5i team, Can I get your take on this Formula One Media company? I’m a big Formula One fan and with other teams challenging Mercedes for the championship now and a great Netflix doc exposing it to more fans, it is becoming more competitive and fan base seems to be growing. They have added a second US race location this year and are planning to add Las Vegas as the third US location at some point - all to meet growing excitement for the sport.
They also list Sirius XM in their business portfolio.
I’m a growth investor with a long timeline and I’m ok with volatility. I’m thinking of it as a more speculative stock with a small part of my portfolio. Your insights as to FWONA growth prospects, financial stability and share price valuation are much appreciated.

Q: I'm thinking of adding LGO and/or CCO to my Material's group. Currently I hold AEM and KRR for an overall 3% weighting. I've been burned on the Material's group in the past so once bitten twice shy as they say. However I can see uranium supply from the "Free World" being in demand beyond any resolution to the war in Europe. LGO seems a more specialized company which maybe stands outside the war crucible. Any thoughts on what to do? I'll still be able to sleep at night with a 6% weighting even though I may wake up at 2:30AM...but I'm doing that anyways!
Thanks,
Perplexed (Jim)

Q: Hi, Banks have been decimated over past 3-4 days, perhaps, over the risk seen with an inverting yield curve. A guest on BNN explained that banks make money by borrowing through short term and lending for long term. Short and Long term interest rates spread, contracting to its lowest point, over past couple of weeks, it has caused some anxiety among investors, while, generally market has favored financials due to expectations of rising rates, resulting in higher profits. Do you subscribe to this thesis of inverting yield curve and like that Portfolio Manager, on BNN, is it time to consider reducing exposure to financials ? I would appreciate your comments on this theory and if any action is warranted. Thanks so much

Q: Topicus has a press release revealing they are going to buy a tech firm that creates vertical market software for numerous markets in Poland. I’ve converted the $ to USD because I don’t understand the currency:

Offer price: $61 million
Annual revenue: $38 million
P/S multiple: 1.6X
Free cash flow per annum: $5.5 million

1) What do you think of the deal?
2) Did Constellation Software ever buy a public company? If so, when and what was the name or names?

Thanks for the great service.

Q: another micro cap, art, what ur thoughts on this co in light of their reported earnings

Q: May I have your thoughts on JBL

Q: I just received shares of BBUC. This appears to be a special dividend - correct? What is the difference between the BBU and BBUC? BBCU does not pay a dividend. Will it do so do you think?

Q: Any take on why bank of nova Scotia seams to be sliding backwards compared to the others? Would it be the share buybacks? Can you see it being a 100$ stock? Tks. Larry

Q: Dpm hasn’t really participated in the latest gold rally,
Earnings seem ok and raised the dividend.
Your thoughts on the name and is it worth starting a small position. Thanks and have a great weekend.

Q: Can you please provide your assessment of yesterdays earning announcement. How do you like the future potential with this company. It has been an underperformer relative to KRR. I am significantly underwater and need to decide if to cut bait or wait another 2-4yrs. thx.

Q: BNS ex-dividend date is April 4, if I buy today April 4, do I receive dividend? Thanks

Q: Is this company a buy at this levels ? Would you accumulate shares or buy a full position ? What would be a full position for this stock?
Regards
Miroslaw

Q: Hi Everyone at 5i!!!! I was wondering what your thoughts are about Aecon as a long term hold. Cheers, Tamara

Q: i know this is micro cap but just wanted to get ur opinion on the nature of this company

Q: Hello,

Can you please provide your highest conviction names in the US and Canada?

Thanks!

Q: Hi,
TIXT is now a lot cheaper than when the 5i report came out. Does it look attractive in a market like this or should one expect more drawdowns before things pick up? I was considering a half position. I would appreciate your thoughts.Thanks.

Shyam

Q: It's been a laggard recently...any rationale that you know of?

Q: Oh BOYD! I see you re-rated BYD down a notch and have replied to other questions that you are still believers but that the next year could be rough. With the pandemic forcing a shift to more remote work will that reduce the BYD customer base and their long term upside. More companies are set up for remote work and likely will allow some form of remote work moving forward. So fewer commutes, fewer commuters, less traffic/road rage = fewer accidents? Long term do you still see BYD in the portfolio or could cash be better deployed somewhere else for the long term.

Q: I own OTEX and not DSG or KXS. I follow a blend of the income and balanced portfolio but bought OTEX instead of KXS as I don't like to buy companies that don't have a dividend. Thus why I don't currently own DSG or KXS. My question is should I sell my OTEX and replace it with DSG or KXS. I've owned OTEX for a few years so up about 25% ( excluding the div) even with the current pullback. I can see the change in the growth portfolio but don't see a strong reason to sell it to buy DSG or KXS in a balanced/income view unless you feel strongly otherwise.

Q: Bep.un and bepc have both have a nice run over the past few months. Would you be comfortable adding new money to either of these stocks?