Investment Q&A

Q: Hello, I own equal amounts in ATD.B. DOL, WSP, TFII, ATA and NVEI. If you were to sell 2-4 and replace them with higher growth stocks like LSPD, GSY, BAM.A, or DND, without taking into account portfolio weighting, what would you do?

Thanks,

Q: Kindly comment of the NVEI Q3 results and forward guidance.

As well the "funny trading" pattern of being seen too often - a big jump in SP the day before release and then a sell off on the day of actual release. Could it be such information is leaked before hand? Or it's a case of too many shrewd investors these days know when to "buy on rumor and sell on news".

Q: Hello Peter,
I am assuming no credits will be taken off as this is a clarification on the answer.

Asked by Robert on November 09, 2021
5I RESEARCH ANSWER:
NVEI saw revenue increase 96% to $183.9 mln and EPS of $0.19. Analysts expected revenue of $178.9 ln and EPS of $0.39, so markets are likely a little unhappy with the EPS number here. Full year revenue view for NVEI was $717 mln to $723 mln, ahead of expectations of $703 mln. At a high level, we don't think results look too bad here. Total volume were up 88% and ecommerce was 83% of that total volume. Cash was at $288.7 mln as of Sep 30. Shares are down a bit today but they are up roughly 40% prior to the release and trade at a higher valuation, so some volatility would not be out of the ordinary.

Asked by Greg on November 09, 2021
5I RESEARCH ANSWER:
EPS of 42 cents beat estimates of 35 cents; sales of $184M beat estimates of $179M. Year sales guidance was raised to $717M to $723M, from $703M estimates. Revenue rose 96%. EBITDA rose 97%. Income more than doubled. Cash is $288M. The call has not yet started but these numbers look solid. The stock is up 1% pre-market.

The earlier answer provide net income per diluted share and the latter was adjusted. I am slightly confused. What is the actual answer ?

Are the estimates normally on diluted share or adjusted share as other answers you provided showed a beat on top and bottom line. Please clarify. Thanks very much.

Q: Hello,
I thought Nvei's results were very good. Why is the stock tumbling? Would you add at this time to Nuvei for full position of 5 percent? What are your thoughts on ATS automation and Trisura and Auto Canada for longer term? Also with big push on EVs, would it be a good time to buy NFI? Thank you for the service.

Q: Hi 5i
1. What is your opinion on PYPL earnings and future?

Does this company hold any/much interest to you..why/why not?
With the current drop in share price what would be decent entry point? Would you add to existing position,hold or exit?

2. With reference to a previous question on NUVEI, what would you consider good entry point for this stock given current price drop.

Thx
Jim

Q: Please comment on earnings. Thanks

Q: Hi,

I have held both MFI and TOY for several years now. Much to my surprise both popped today from earnings. I am thinking about selling both of these to switch into NVEI (after their earnings next week).

I get that none of these companies are comparable on any metric-but I am interested in your viewpoint of selling stocks that have upward momentum to buy into a stock that currently has downward momentum.

Thanks,
Brad

Q: Hello Peter,
What are Nvei's and CSU's estimates? Also, for lower volumes stocks like csu, and topicus, how does a manager sell them? For example, I was trying to sell 10 shares of csu at price x and 100 shares of toi at price y, i placed a limit order for a period of time. On many occasions, the stock hit those limit prices, but i never got them filled. I checked with the brokerage and i was informed that there were not many shares traded at that time so did not fill. Hence, how would a large institution sell a large block when a retail person can't even fill smaller shares due to lower volumes.. What would you suggest a sell or buy strategy for lower volume shares? Thanks very much

Q: What is the recent weakness/ problem with NVEI?

Q: Hello Peter,
Can you comment on ATS Automation's results as well as Topicus? Would both stocks still be a buy? Any idea why Nuvei has been trending downwards? It reports on the 9th. What are Nuvei's estimates? Thanks.

Q: Looking to put some money into fintech space which company or ETF would you recommend

Q: Please rank the following companies based on future growth in 5-10 years and overall confidence.
Also which companies have the widest moats or even monopolies?
Thanks

Q: Hello Team,
Could you rank these three securities for growth going forward. Would you expect Constellation to continue to grow as it has in the past, given it's now large size. I would expect it to be the safest of the three. Your comments on that as well please.
Thank You,
Barry

Q: Hi Team,
I would like to buy one of these two NVEI and LSPD, which is a "better buy" ? are they kind of same business ?
Thanks as always,
Tak

Q: how would you rank these stocks value wise , growth wise and voltility wise ? Thanks Donna

Q: These companies appeal to me for various reasons, some of which I currently own. For new money in an unregistered account, in your opinion which two would have the most pop in the near future and likely for a 3 yr hold? Thanks.

Q: Good morning!

I hold a 1/2 position in Magna. I do believe in this stock longterm. With the shortages and things appearing to be priced in. Is it time to top up to a full position?

On a separate question what are your highest conviction growth pics in TECH for the 4Q.
Preferably US but can spribkle some Canadian names as well.

Thank you for the amazing input and service. It's been immeasurable.

Q: Hello Peter,
With recent announcements of US companies launching Bitcoin ETFs, there is a concern that Canadian Companies may experience outflows. If so, i would think if one was invested in a bitcoin eft such as the one from purpose or evolve, the stock price (representing etf of bitcoin) would still go up if bitcoin went up? Hence, i don't see concern from putting monies in the canadian ETFs. Any comments please? Also, what is your opinion on whether the etfs are hedged? Does it mean the hedging works both ways whether the canadian dollar goes up or down? I was expecting Nuvei to do much better after the US listing but the stock has not moved. Are you still comfortable with new monies in Nuvei? Lastly, i was thinking of increasing my position to 3 percent for ATS automation. From your responses, you seem to like the stock. Thanks very much.

Q: Any canadian growth stocks looking juicy to snap up currently for a TFSA? Thanks

Q: Is there different ways of calculating price to sales figures re this stock. I see morningstar has a price to sale number of 32.17 for this company, while others show numbers around 18.0 - 19.0. Wander what is the right number and why not standardize the calculation. Many tnx for the great work.