Investment Q&A

Q: Hello, is CSU still a buy at todays prices ? Or, is there a comparable company you would buy that maybe operates in a different sector but has the same or better growth possibilities ?

Q: Hi, Another question on CSU/TOI relationship. CSU still has direct/indirect ownership of Topicus - How much of the new co. shares are owned by CSU and would it reflect in CSU stock price, once TOI started trading ? By default, in addition to the Topicus shares received from spin out, as CSU shareholders, we also own the same % of Topicus? We are trying to figure out that while continue to own Constellation shares, what would be a reasonable position to add to Topicus (received thro' dividend). Thank You

Q: Hi, Total Topicus subordinate voting shares issued to public and outstanding are 39.4 million, per the press release. (On a fully diluted basis total issued and outstanding shares are 129.8 mln -balance 90.4 mln held by CSU and Parent co. Investors ). Just trying to understand if the float of shares available for Trading is only 39.4 mln shares ? If so, what is % of this held by Institutions/Insiders ? Any comments on Trading on the 1st day - Looks like following the range as suggested in your comments .
Also, are you planning to add TOI:CA symbol on 5i portal soon ... Thank You

Q: I am unclear regarding the "board lot" remarks on the Toi spinout.
Does "board lot" mean the minimum purchase / sale amount is to be 100 shares? And if so I hold less than 100 shares and can they be sold?
Thanks John

Q: Can you tell me which companies would be comparable and that you would buy that the same or better growth.Love your service.

Q: I see that Topicus.com is showing a bid and ask but not trading today?

can you explain why the delay in trading activity on this stock?

thanks
Don

Q: Hi 5i,

What price will Topicus trade at and what price are you interested in buying it at and when is it a table pounding buy?

Thank you.

James

Q: Hi 5i team,
With the current market volatility, I want to review my tech holdings and dispose of weaker ones. The review criteria are: 1. Profitable 2. Double digit revenue growth forecast 3. Healthy balance sheets. From the listed companies above, which do NOT meet these criteria? Many thanks.

Q: Same question as Maureen from the other day:

On a scale of 1-10, please rate the following stocks for both growth and risk over the next year (1 being low, 10 being high): ATZ, WELL, XBC, WSP, PHO, LSPD, KXS, CSU, BEP.UN. Many thanks.

Q: I hold Csu in my Tsfa and I notice that Topicus shares are listed but of course no price yet.
It shows that Topicus will be listed in U.S $ even though Csu are listed in Cdn$. Is this correct and will Topicus show on my statement the morning of Feb1st so that I can get the trading prefix to begin trading?

Q: which company do you prefer for growth over the next 2 years and your reasons why. .either kxs or csu thanks Richard

Q: Given the high price of CSU shares, I am wondering how many investors like me are out there - those that held between 5 and 30 shares CSU shares which resulted in our receiving a rather insignificant number of Topicus shares. If your predictions of $50 per Topicus shares holds, do you anticipate there being a large number of small odd-lots of Topicus shares being sold and if so, will this depress the IPO price? Or are most CSU shares owned by institutions and large investors and us retail investors, therefore, won't move the needle? (Personally, I wish we would have received cash instead)

Appreciate your insight.

Paul F.

Q: First of all, thank you for your amazing work. Cannot express how helpful my 5i subscription has been. Life-changing in all honesty.

My positions in LSPD (17.3%) and GSY (12.7%) have gotten a little out of hand. I was fortunate to pick them up near their lows in April. I've already trimmed both a couple of times, but I am really struggling to sell more given the positive outlook 5i has of both for the future. I've seen similar questions asked about trimming and selling positions with phenomenal growth and seen your responses suggesting to trim positions to reasonable weightings. I thought I might have an easier time doing so if you suggested some positions to add to or some new ones viewed as favourably as LSPD and GSY.

I have the following companies in a TFSA and have included the weightings only of positions I think might warrant a second look. While I anticipate a comment about weightings needing to be personal what would YOU suggest as the highest weighting for LSPD and GSY? And, again, please suggest some positions to add to or new ones.

Feel free to take question credits as you see fit.

DOO (2.1%), ATZ (2%), AW.UN, BYD
ATD.B
BMO, BRK-B:US, GSY (12.7%)
WELL (4%), VEEV:US (1.3%)
CAE, DAL:US, AC (1%), XBC (3%)
LSPD (17.3%), KXS (7.6%), DSG (3%), CSU, PHO (1.1%), AMD:US, CRWD:US (2.4%), U:US (2.1%), NVDA:US (0.83%), TTD:US(1.2%)
ROKU:US (1.9%), TTWO:US (1.2%), PINS:US (1.5%)
AQN, BEP.UN
REAL

Thank you again

Q: Hi, Topicus.com shares are expected to start trading around Feb 1, 2021. We have a decent holding in CSU. If we wish to increase our commitment to this group, where do you expect higher growth prospects - Constellation Software or Topicus.com ? I had read somewhere that as time passes by, CSU will behave more like a matured company (An exceptional one, though), looking for more ways to unlock shareholder value. Thanks

Q: Please rank these CDN tech stocks for 1) growth and 2) value. Thank you.

Q: My SHOP and LSPD positions have grown to 7% and 6% of my portfolio, looking to trim the positions slightly and add to some smaller weights in my portfolio with long term high growth. How would you rank as the best to add to currently out of NVEI, FB, AMZN, VEEV, CSU, DOCU or AT? This would be for TFSA.

Also for smaller caps like WELL and XBC, would would you consider as full positions? In the 3-5% range depending on one's risk tolerance? Thanks!

Q: I have received 31 shares of Topicus from CSU. Can you give me some idea of what they are worth? I understand they will will not be available to trade until after February 1st?

Q: is topicus projected to be profitable in its first year? what percentage of shares will be owned by CSU? will topicus be debt free? on a percentage basis how will revenues be derived country by country? who will be the major competitors of topicus? thanks Richard

Q: Hi, I feel my Tech. Sector 30+% is getting too big, in case a correction is in the future.
T- 3.5 - Kxs- 5 - Lspd- 4.4 -Pho -4.3 - Real -4.1
Csu- 3.5 - Syz - 3.4 - Stc- 2.1 -Bce - 3.4%
Would you consider all these Tech. Stock? I like to keep my sector allocation to 9 or 10 sectors for simplicity ,but I do know there are sub- groups.
Would you sell any of these positions ,or trim all or some? Thinking a 18-22% sector weight, would you agree?
Thanks

Q: Thanks for all your excellent work. Having recently moved to the US and opted to convert my young-ish Nova Scotia pension account to an RRSP and a LIRA, I’m looking to invest the ~100k in these accounts. Horizon: at least 5 years, but probably much more (I’m 40). Having narrowed down a tentative list of names (see below – tech-heavy, I realize), and with a focus on growth, I’m hoping to sort out the best buying strategy. Specifically: (1) At this moment, does the conventional wisdom to buy each stock gradually makes sense to you as good rule of thumb (e.g., over the course of a year, for each stock, adding a quarter of the total intended position once every few months or so)? (2) Also: I’d greatly appreciate seeing a ranked list of, say, which five of these stocks you think it would be especially wise to start with (i.e., buy now, or buy more of sooner) and which five you think I should wait to buy. Feel free to dock me for two questions! Thanks a ton, Chris

CSU, SHOP, LSPD, XBC, SYZ, BEP.UN, PHO, KXS, ENGH, WELL, GUD, EGT, SJ, BNS, WSP, STC, ATZ, LAC, BYD, REAL