Q: With respect to your recent research report on ESL, it appears as if at least 96% of ESL's revenue comes from outside Canada. It seems strange to me that one of our top IT companies does practically no business in Canada. Are your revenue mix figures correct? Thanks
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello 5i
Can you please comment on Enhouse's acquisition of Sweden's Aktavara AB, announced early this morning. Many thanks.
Can you please comment on Enhouse's acquisition of Sweden's Aktavara AB, announced early this morning. Many thanks.
Q: To follow up on my question regarding adding to CXI, would you prefer ESL or CGI for a 1-2 year timeframe. I already have ESL and it makes up about 3.5% of my portfolio. CGI seems to have had not the greatest past 6 months.
Thanks,
Jordan
Thanks,
Jordan
Q: Hello, I am up 55% with ESL and am thinking of reducing position and buying a half position of Western Forest Products (WEF) or First Quantum (FM). Your thoughts please.
Q: I just noticed that Enghouse is to be included in the TSX Composite Index and the Dividend index. (I think those are the correct terms)
First, what exactly are these indexes? Does getting listed on these say anything about the company itself? What are the criteria for getting put there?
I know that this can result in an increase in buying/selling as various indexes and funds buy the stock to fulfil mandates. What I don't know is how valuable or important it is to the company and/or investors. Does it speak to financial strength, ability to get loans or raise capital or is it just the result of a mathematical calculation?
Thanks for the insight.
Paul F.
First, what exactly are these indexes? Does getting listed on these say anything about the company itself? What are the criteria for getting put there?
I know that this can result in an increase in buying/selling as various indexes and funds buy the stock to fulfil mandates. What I don't know is how valuable or important it is to the company and/or investors. Does it speak to financial strength, ability to get loans or raise capital or is it just the result of a mathematical calculation?
Thanks for the insight.
Paul F.
Q: In January 2015, you gave Enghouse a rating of A-. ESL just released its second quarter results. Revenues are up by profits for the first six months are down. The stock dropped over 3% in one day. Is it time to sell my position?
Q: I would appreciate your comments on Enghouse'e earnings release. Thank you, Peter
Q: I have had quite a nice return with Enghouse but how does one decide when its time to lighten up or dispose of a position completely? It still only represents a 5% position of my portfolio but I feel that it must now be fully valued if not overvalued. Notwithstanding its attractive fundamentals (no debt, high growth rate, dividend increases) given its high P/E I'm thinking that there will be little upside over the next 12 -18 months with the possibility of a significant drop if there is a market correction. Your thoughts would be appreciated.
Q: Could you tell me when ESL will report their latest earnings?
Thank you. Don.
Thank you. Don.
Q: I notice you do a report on ESL, around the Jan/Dec each year. Any ESL reports for 2015?
Q: In the tech space I own ESL and OTC. I have down very well with ESL, thank you, but I am concerned about the high valuation. I am considering selling ESL and purchasing GIB.A to replace it; Gib.A is trading at a much lower valuation. May I please have your opinion. Thank you.
Q: I've made some good gains on Enghouse having owned this for the past 6 months. I am wondering what you think has better growth potential: Enghouse (ESL) or Open Text (OTC)? OTC fell along with the tech sector today, and I'm wondering if you would rotate out of Enghouse to pick up OTC "on sale".
Q: Enghouse and Descarte will report earnings tomorrow. Could you please provide their revenue and earnings per share expectations? Thank you, Peter
Q: Help!
In my TFSA I have ATD, XTC, BIN, QST, SGY. I would like to add one more and I need to choose between ESL, SJ, SCU, HCG because I have equal weights in all of these in other accounts and I don't want to add another stock.
You are the best.
Bryan
In my TFSA I have ATD, XTC, BIN, QST, SGY. I would like to add one more and I need to choose between ESL, SJ, SCU, HCG because I have equal weights in all of these in other accounts and I don't want to add another stock.
You are the best.
Bryan
Q: On BNN Thurs, Jason Donville stated that ESL is fully valued and hence would not recommend buying it. He also stated that it is a good well run company. Do you have any comment on this?
Gary
Gary
Q: A follow up question on ESL. In previous answer on ESL you suggested that a 4 to 5% position in ESL should be the max weighting. Is this because of the potential risk with the stock, or are you expecting ESL to slow in growth? Some extra clarity please.
Happy Holiday to all the 5i Team
Darcy
Happy Holiday to all the 5i Team
Darcy
Q: Comments on the results please. What do you suggest adding or keeping the existing holding
Q: Hi 5i,
Any news out there on ESL? Seems to be quite strong last few days.
At what point does this great company get too expensive?
I am looking to trim a little, but worried that when I do - they get taken out for $50+!
Is cash flow multiple a better metric on this company than P/E?
Thanks,
JS
Any news out there on ESL? Seems to be quite strong last few days.
At what point does this great company get too expensive?
I am looking to trim a little, but worried that when I do - they get taken out for $50+!
Is cash flow multiple a better metric on this company than P/E?
Thanks,
JS
Q: If you could only buy one of DSG or ESL, which would you choose?
Q: Sorry it is BMO suggesting I sell