Investment Q&A

Q: thoughts on fsv earnings. looks like a small beat. what should it means looking forward. is it positive or neutral

Q: Good Morning Peter & team,

This name has experienced a significant drop since it's high on Dec 31 after experiencing a 700% ROR since May 2015. I know you can't predict a bottom and we are not to profess to be market timers. And we definitely don't like the idea of "catching a falling knife" but... FSV is starting to look more and more attractive the lower it gets. How do you think it will act with addition rate increases in the forecast and would you buy now or look for a bit of a bowl before moving in? Or would you council us to stay away and if so what would be the reasons?

Thanks for all you do

gm

Q: The above stocks are hitting new lows and on every downtown goes lower. I have held these in a riff for some time with still capital gains, however I am loosing patience with the down turn.
Can I have your opinion of 5i if I should continue hold or sell.
How much lower would you expect to see?
Thanks
Rick

Q: A year ago I asked for your opinion on these stocks to incorporate into my current portfolio of banks, utilities, REITS, infrastructure, etc. My first purchase was BAM With the current market decline I see an opportunity to purchase another stock. From a technical view which looks most attractive? From a fundamental view which looks the most attractive ? Which would you purchase next? Thanks. Derek

Q: I am interested in opening a position in either stocks mentioned or potentially another company in the real estate industry. Is there one you guys are favouring at the moment, and why?

Thanks!

Q: Time to do a little spring clean up on the portfolio. Thinking of selling DCBO and buying FSV instead. Your thoughts?

The idea is to take a little risk off the table.

Leo

Q: Comprised of the above Canadian companies, our TFSA represents a small portion of our overall portfolio and is its most growth oriented component. All investments are made with the intent to be long-term holds (10+ years).

Two of the holdings, AT and LSPD are down over 50%, while FSV, GSY, NVEI and WELL are all down by about a third. We intend to do some rebalancing. How would you rate (1-10) these 6 for additional money today? Please include a brief explanation for the ratings.

Finally, if you could add one more Canadian company to the mix, what would it be?

Q: Hi, should have some exposure to R.E. Could you please pick two of these R.E companies you would prefer, with dividend , growth, and management considerations. This is for a unregistered acct. for long term. Or would you stay clear of this sector for now because of higher interest rates that are likely to come?
also if you have a better suggestion please include it .
Thanks

Q: Thanks for the recent report on FSV. I am attracted to this name, but could never persuade myself to buy because of valuation. I am hopeful that one day I'll pull the trigger.

However, two risks that you mention - somewhat slim margins and low barriers to entry - make me hesitate a bit. In a prolonged bear-market / struggling economy, how would you see FSV perform compared to the competition? Would margins compress even more in that situation, and maybe risk losing major contracts? Or are their competitors weaker in that environment, and perhaps this would provide FSV with an advantage ? Any thoughts on this ?

Q: Both a buy at these levels ?

Q: May I have your comments on earnings. Any reason for the continuing decline in share price???

Q: Your thoughts and analysis on earnings. Thanks

Q: Fyi. I see that Magna raised its dividend 5% - reported on 11 February. I think First Service raised its divvie also. All good news!

Q: Can you comment on CIGI's Basalt investment and your opinion on their outlook? In light of this, which would you prefer between CIGI and FSV? Thanks.

Q: Between TRI & FSV & BAM.A which would you prefer for a RRIF? For someone who is looking for a dividend, capital preservation with some growth. Please give reasons for your answer.

Q: First Service has pulled back significantly. I'm somewhat surprised at the extent of the pull back given the nature of its' business and history of stable growth and earnings. Please provide your comments and whether one would be well served to add to an existing position at these levels.

Thanks

Q: Question about Disruptors:

I am concerned about disruptors negatively affecting the future safety of my Canadian dividend portfolio that I have built for retirement - mainly blue chips. I have a long term view, and invest accordingly. Here are my concerns:

Banks (their high fees vs Fintech)
Utilities (eg. Tesla Energy Ventures)
Energy, Pipelines (EV's)
Insurance (Autonomous Vehicle reliability, companies increasing Human Longevity)
Telecoms (Cable-cutting)
Railroads (Autonomous Trucking)

Telecoms seem to be jacking up the cost to the customer for their internet service substantially to compensate for lost cable revenue, so maybe less to worry about there.
I know that it will take time for some of this to play out, but I read articles on disruptors daily, and some of this seems to be evolving quite quickly.

I am looking for portfolio diversifiers. Besides some disruptor ETF's I also own NTR and TECK.B which seem to be less apt to be impacted. I also own ATD, assuming that their change-over to charging stations will be successful. Other than Canadian Tech, what other solid Canadian companies would be good picks that perhaps may be "less impacted" ? FSV for instance ?

Also, if you have an alternative view on this, I certainly welcome your opinion.

Q: Good morning, would you put FSV in the same boat as bluer chip names like TRI, BAM.A, SLF etc. For relative safety and sleep at night investments over a five year period, thanks?

Q: could you please rank these from screaming buy to stay away...looking at starting small positions in some of these at current prices...many thanks...

Q: Are you aware of any companies like CSU that have a tight float and respect of shareholders and dont get killed in a market correction like some other public tech companies?

Thx