Investment Q&A

Q: P Shoiry(ceo to v.chairman) on BNN,3/16 stated that 20% of its revenue is from Canada,& the co.has done well the last 10 years & its price is determined by the market.No wonder it has missed estimates in EPS 9 out of 14 Q.since 3rd Q,2012 as per Thomson/Reuters.Hopefully,new Ceo will do a better job in this aspect. Will the Federal expected infrastrutal spending have a material effect on WSP? Always appreciate your usual great services & views

Q: Hi Peter...WSP has come down to it's support from its February lows. It's yield has compressed to north of 4%. I'm thinking of putting it in my RRSP. Could you comment on my idea and what down side you might perceive from here. Thanks
Nicholas

Q: Hello Peter, Ryan and team,
Your thoughts please on what you learnt from the conference call. Anything we should worry about? What was the reason for the CFO becoming the CEO?
Thank you,
Silvia

Q: The company just released its YE and Q4 results this morning and things look stellar to me. Why would share price took such a beating (down 6%)? Kindly provide your expert review of the results and its future prospects. Much appreciated.

Q: The market does not appear to like the earnings. Are they all that disappointing, or is there something I a; missing?

Q: How much good will is on their balance sheet: grown a lot through acquisitions - so, I always get concerned about this BS item - often leads to write-downs as they realize they paid too much vs the return realised. Id like to buy to diversify my non-registered account; should I wait until next week or is the consensus good for an excellent Q and Yr. end.

Q: Which stoke in your opinion will benefit from upcoming federal budget?

Q: For a long term hold in an income account, would a switch from WSP Global to National Bank make sense?

Q: WSP has not done well and the price trend is down for some time. Should I HOLD, SELL or wait until the FED. GOVT. releases its budget for infrastructure. WSP might gain from infrastructure. I will appreciate your analyses of WSP. Thanks

Q: I would like to add to my WSP holdings but it is currently trading well below it's 200 day moving average. On 1 Oct 2014 you rated WSP as B- , would that rating hold today?

Q: You have often said that you are indifferent to WSP and STN and and that you like them both. However, STN stock seems to be more stable than WSP. What might be the differences between the companies that would account for this?

Appreciate the insight.

Paul F.

Q: Hi, after watching for almost a year, I started a position @43.05 in WSP global, this week. The move was based on the fact that there was no apparent reason for recent pullback. Several months ago WSP did a secondary offering @42.50 (I think). During recent past, stock price touched a high of $49.18. The stock has a dividend yield of 3.50% and will perhaps benefit from infrastructure spending plans of new federal Govt. Incidentally, WSP was also a Top Pick on Friday Dec 18, 2015 Market Call tonight by Keith Richards, a Technical Analyst and BNN guest. As per his comments, this stock sees occasional pull backs and a purchase along its trend line ($42.50-$43)should be a great opportunity. Would appreciate your comments, please. Thanks

Q: Hello team, Did you manage to find out why the big drop on WSP?
Thank you!

Q: Any news that might explain the recent drop? Thanks.

Q: Hello, Further to my previous question on adding to to my positions in AYA, ATD.B, CCL.B, MDA and DSG, should I buy them now or wait until the end of December after tax loss selling? Do you think they will be victims of tax loss selling?

Also, if I have enough to add another two names would WSP and OTC (from growth portfolio) be a good decision at this time with the 5 I'm adding above?

Carla

Q: There are cases where stocks fall because people are taking profits and not because there is something wrong with the company; e.g. WSP today as you suggested to other subscribers. What should we be doing in this case? Just hang on? Or join the profit taking crowd and sell? I am up slightly on WSP, but I definitely did have higher gains prior to the recent sell-off. Would it make sense to take profit and buy back later?


Thanks,
Danny

Q: Any idea why WSP is tanking the past 2 days? Thank you.

Q: Your comments please on earnings and guidance. Thanks. Chris

Q: Good Morning Peter, Ryan, and Team,
I noticed after looking through the Ink Insider Report for WSP that there are two very deep pocketed 10% + holders of the shares:
Canada Pension Plan Investment Board- 17,524,815 shares held
Caisse de depot et placement du Quebec- 15,699,525 shares held
Total shares outstanding look to be 90 million. It appears that both pension funds take their quarterly dividends in shares as opposed to cash which dilutes the other shareholders over the long term. On one hand WSP will likely never fail due to the deep pocketed backstop of the two pension plans but on the other hand the CPP Investment Board received 148,810 shares in July in lieu of cash. I guess WSP can grow faster if it is able to redeploy the cash that it would have had to pay out to CPP (and the Caisse). I would like your take on this issue. Thank you for your sage insights. DL

Q: Hi 5i Team!
Looking for an update on WSP Global...
After several acquisitions in the past 18 months, can you tell me what their debt to equity is like?
Do you have any insight into how the integrations are going? What is your view of management?
Thanks so much!