Investment Q&A

Q: Do you know of any reason this stock has been dropping steadily for the past few weeks, with the drop accelerating since the earnings release? I was up a bit but now down 20%. Should I sell or hold on for a recovery?

Q: Could you please comment on Descarte's earnings release? Thank you, Peter

Q: To increase our investments up to your most recent sector allocations for 2016 (about equal),I plan to purchase or top-up the following.
Info Tech Descartes Systems DSG
Consumer Staples alimentation Couch Tard ATD.b
Materials Agnico Eagle Mines AEM
Utilities Fortis FTS
Industrials MacDonald Dettwiler MDA
Your comments and/or suggestions for something better at this time will,as always,be appreciated.
Also,are REIT`s a separatr sector for 2016?
Thanks

Q: Hi, after watching for nearly 2 years, I bought a small position on DEC/4 @26.27. The stock continues to steadily rise over past few years delivering in almost every quarter. I like the Global Logistics network business and huge opportunity in the future. DSG operates in small and medium scale business segments. What competition DSG has in this field? Also, it appears that co. has generated most of its growth thro' acquisitions. Is slowing organic growth an issue? Also from valuation perspective, how does it compare with CSU and KXS? Should I wait for adding to my position? I also noted that Descartes has a very large Institutional ownership, 88% per nasdaq.com, with some well know names like T. Rowe Price (13%, started and added this year July, 2015)and Mawer, BMO, Neuberger, CC&L etc. It could reduce liquidity, but is it a strong signal in favour of thsis company ? Thanks for your help, as always.

Q: Please comment on DSG's earnings. Looks like they missed? Buy, sell or hold?

Q: What are the concensus quarterly results expected for DSG which is reporting next week.
Thanks, Tim.

Q: I would appreciate your comments on Descartes earnings release issued this morning. The company has been on quite a roll and hitting new highs leading up to this release. Thank you, Peter

Q: I wonder if you can comment on the recent price appreciation of DSG, it has become quite expensive is this a concern, especially when they report their quarterly results in September? I believe their current P/E ratio is about 83.

Peter

Q: Can you comment on Descartes recent acquisition of MK Data Services?

Q: DSG has been strong recently in spite of a weaker market overall, any explanation?

Q: Could you please comment on Descarte's earnings release issue this morning? Thank for your incredible service. Peter

Q: Your opinion on Descartes please. It has fallen a lot and continues to do so. Is it time to bail, or is that just selling low? I also own CSU, MDA, OTC, ESL, AVO and a bit of GIB. I could switch DSG over to buy more GIB. Would this be a good switch?

Q: Good morning team, Any reason you know of for the decline? Still a name you like? Thank you!

Q: Please could your clarify the rating for this company. On the April Summary report it appears as B+ but on the most recent company report (March 2014) that I could find it appears as B. I would also like to know what the inside ownership is.

Q: Comments on DSG and SCL results please.

Q: Hi,
I'm considering adding Descartes to my portfolio but it seems quite expensive relative to its growth prospects. Please advise on the following:
1. Key forward metrics per Bloomberg.
2. Why you think it's a good purchase today?
3. Are there any comparable companies you prefer and how do they compare from a valuation perspective?
4. What portfolio weight would you feel comfortable with in DSG?
Thanks.

Q: Hi again team, Would you pls. comment on their financial results....anything to worry about? It's down almost 3%.

Thank you.

Q: Hello Peter and team,

I would like to increase my exposure to the technology sector (10% to 15% of my portfolio). Currently it is 6.2% of my portfolio (4.1% in CSU and 2.1% in AVO). Should I add to these stocks to increase the weighting, or would you suggest other technology stocks to complement what I have. I am considering OTC. I am a medium risk, buy and hold investor (hold for 3+ years).

A similar question with consumer staples. I only have ATD.B and it is 3.8% of my portfolio. Should I add more to this stock, or would you suggest another stock to complement what I have.

I know it is practically against the law of investing to average down, but I could not resist picking up some AVO today at $13.52. Sir John Templeton said to “buy at the point of maximum pessimism”, and there has been a lot of pessimism lately on that stock. Easier said than done. I have not been able to tell when the point of “maximum pessimism” is reached until long after it has occurred. However, what gauges would you use to help you pinpoint the point of maximum pessimism for a company?

Paul J.

Q: What did you think of DSG's earnings? I thought they were good but the stock went down a bit today. Any idea why?

Q: Hi Peter: In the tech sector I own CSU, MDA, OTC, ESL and AVO. I am thinking of selling AVO and buying DSG or perhaps something else for a 2-3 year hold if you suggest it. Your thoughts are appreciated. Thanks.