Investment Q&A

Q: Hi, currently holding CSU 5.17%, LMN 4.86%, and TOI 1.8%. Have nice gains in all. Looking to trim some CSU and LMN and add to TOI. Would you be comfortable with this move at this time considering each of their fundamentals and valuations? Which do you think has the longest runway for growth and how would you rank them for a 5-10 yr hold.

Also, I have TVK 1.79%, HPS.A 2.02%, PRL 1.41%, WELL 1.91%. No position in DRX (how would you look to avg. into this name?). How would you rank these if you were to add to these positions currently? When looking to add, are you mainly looking at the valuation and fundamentals or does the avg. cost and % return factor into that as well? For example, my HPS.A is up 60% and PRL up 4%, does this factor into your decision of which one to add to or does it not matter and we should just consider the forward return potential? Thanks!

Q: What would you consider the risk out of 10 would be for ATD, EQB and TOI???....thanks tom

Q: Which of the above should be most positively affected by a dropping Canadian bank rate. Pls rate in most to least..

Q: Recent question about Robin Van Poelje (ceo of Topicus) selling so many shares is concerning. Your response indicates that 5i has some concerns about it. Do you have any more insight about what is happening? What is your take on what might happen going forward? Have you seen this type of activity before?

Q: I see that Robin Van Poelje (ceo of Topicus) recently sold $11M in CSU shares which amounted to 99% of his shares held. When I look at Topicus shares I see that he holds a tiny amount in the company. Any idea what's going on there, this seems odd. Especially considering the CSU mgmt style and mgmt comp plan that promotes insider ownership.

Q: By not listing in the US, are they in some way shielded from US shorts that target Canadian companies (sometimes for dubious reasons)?

Q: Your thoughts as to why these software companies are up on a day when others are all down?

Thx

Q: Did you have a chance to review the AGM from these companies and if so was there anything of interest?

Thx

Q: Which is the cheaper by valuation, Topicus or Lumine right now? Thanks.

Q: What would you consider good entry points for the noted stocks? Is there any you would not purchase at current levels?

Thanks
Tim

Q: Hi group I have taken profits on QSR,MCD,GSY,BYD,WSP,CSU,ARC. So my question in what order and at what price do i get back in i own the others, as listed so please rate them also for adding same format. Thanks for your help with this

Q: Hello Peter and team

To complement my all ETFs portfolio : VEQT 40%, QQQ 10%, VGT 10%, MOAT 10%, I intend to add 6 of the above 7 stocks for 5% each.
Does it make sense, please feel free to substitute and suggest other stocks and explain why.
This is for a 10 years hold with minimum or no trading in this account.
Thank you
Raouf

Q: Good morning. Would it be fair to say that CSU is basically the tech version of BN? BN has, what six or seven children and CSU now has a set of twins. Do you see CSU continuing to give birth to more children?

And if so, at what point would you rather just own the kids and let the parent go, if ever?

Q: Regarding the CEO news for Topicus CEO Robin van Poelje disclosing a temporary role as Chairman and CEO at Your.world. you comment to Frank
"It is fairly bizarre but we are sure Mr VP and TOI have some sort of plan thought out. A future acquisition wouldn't surprise us much. But there is really no information other than a brief press release to go on here."

MORE INFO:
- Your.World and your.online are owned by Strikwerda Investments (Netherlands) Robin is married to the owners daughter and worked for Strikwerda who founded and sold TSS (Total Specific Solutions) to Constellation in 2013 (the family agreed to sell TSS so long as they could retain a 33% minority interest and Robin could remain as CEO) and as you know merged into what we know as Topicus in 2021.

Does this change your views?

Q: Hello,
The announcement today of Topicus's CEO taking on additional roles have any longer term impact? Also, the shares are not moving much after the results. What is your overall view? You had recommended RSP as the symbol for equal weight ETF tracking 500 companies in US (to diversify from SPY which has lots of tech exposure). Is there a cdn equivalent for RSP. i cannot seem to find one. thanks very much

Q: Hi Peter,

Can you provide your comments regarding the Press Release today on Topicus and the Robin van Poelje (Topicus CEO) disclosing a temporary role as Chairman and CEO at Your.world . Do you think this may end up being an acquisition target for Topicus. Just wondering if there is anything to read into here?

Q: Hi, Both LMN and TOI faltered post earnings, Thursday, pulling the parent CSU down to the lowest level of past several months of trading. What is your read through to CSU earnings, from these two reports, if that's an indication of some nature ? Thank You

Q: Hello Peter,
Would it be a good idea to add to Topicus and Lumine group given their results? I was thinking to top it up to 5 percent weight each. . Thanks very much

Q: Hello Peter,
You had provided Tppicus expected numbers: 34 cents for EPS and $292M Euros. The company beat the revenue numbers but was short on EPS; however , Cash flow per share grew. Analysts in general seem to focus on Revenue and EPS; When looking at analysts estimates, i dont see CF per share mentioned. Why is that? If i had to choose between sunlife, manulife and Fairfax, which one would be your top pick? There was an article in the Globe that Fairfax has a huge runaway when comparing to Berkshire.. Any comments please. Thanks very much.

Q: Your thoughts on the quarter please?

Thx