Investment Q&A

Q: Avigilon AVO
I recall the same comments being said about another fantastic growth stock, Poseidon Concepts.
-market leading technology
-high multiple growth stock
-huge earnings growth

The timing is way too coincidental having the CFO resign right before releasing earnings. Unless he`s dead, health reasons is a bunch of BS.

Peter, is your team able to dig deeper and recognize any red flags for accounting irregularities? I noticed inventories have increased and they also recently did a share issue. Could the share issue have been one final grasp for cash?

The market is rarely wrong, over the longer term. CFO departures alone should not drop a stock 20% after the announcement.

Q: Are AVO and HYG a hold, sell, or average down? In the case of AVO, how did they hide what appears to me to be ongoing problem? The stock was highly talked about and recommended in the media. In the case of HYG, I had a stop limit in at 4.12 - 4.06, which went through and continued down May 7th.
Your thoughts.
Dennis

Q: Maybe management at AVO are not so naive at all. Maybe they wanted the stock to go down such that insiders could buy at cheaper prices. Just thinking.

Q: Hi Peter and Team, I would appreciate your assessment of SW. I have been watching this stock for the past few months and noticed it has fallen by about 20 percent. Are growth stocks in general taking a hit? Thanks

Q: SW-T Sierra Wireless

Looks like Investors didn't like 2Q guidance and are carrying some concerns as you said regarding lighter than expected margins.

I still like SW and the Sector plus am looking for some opportunities to buy low and sell high... which tends to be the opposite of what most of us do... who knows why...

Could you give me an idea if you were going to add a 2% portfolio position in SW, what price you would target - be comfortable with?

Thanks for all you do.

Gord

Q: AVIGILON - AVIGILON - go figure!! But, look at the fantastic 1st quarter to March 31/2014. Records & even better!!!???
Peter, maybe you could tutor them for a little while on corporate governance, shareholder relations, etc. Do you think this was planned with a rollover of nearly 2.5 million shares?

Q: Ridley (RCL) continues to power ahead on low volume... Any updated thoughts? The market may expect another special dividend announcement tomorrow but the stock move seems extended. Also, Fairfax owns more than 90% of RCL. Why do you think they do not buy the few shares outstanding and purchase the company outright?

Q: Hello team,

FEYE (Fire Eye)fell by 25% today. It has been falling steadily over the past few weeks.

Yesterday on the webinar you mentioned that it wasn't wise to sit and wait for a stock to recover. Should I walk away with my 60% loss on this stock? Or is there hope in the future (ie a couple of years) once the company has the benefits of all the R&D spending? How about the growth in security technology from their competitors during the same time?

Thank you for all your calming insights....investment is not easy but it would be impossible without you.

Q: Hi Peter and group. Can you comment on LNR performance of late. Some are saying sell?

Q: Hello,
I'd like to say thanks to Peter and Avrom for the webinar yesterday. It was very interesting and I learned a great deal from it. I would also like to ask your opinion on the following 3 dividend paying stocks as a 3-5 year hold.
sirius xm canada holdings
AGF management
Timber Creek Mortgage Investment
Thank you,
Dave

Q: DD
DD wireless. there is an offer on the table for 2.25 from the majority owner. Looks good if not opportunistic. their quaterly result show a 10 cent profit per share, if we annualise this it makes for a very low P/E. is there any hope of better offer, or can keep my marbles in a good company. do the owner has a lot weight to bulldoze the minotity shareholders out at a good valuation for himself?
Thanks

Q: Hi 5i

I bought Bank of America for 16.60 in an RRSP account. Do you think they will increase their dividend anytime soon and what do you think of company long term? I was disappointed with their "accounting error"
Thanks

Greg

Q: Your thoughts on Canacol (CNE) in the light of its recent discoveries and bought deal financing.

Q: Newalta (NAL) earnings out on May 05 and they look OK and they raised the dividend. Could I please get your opinion on their earnings report.
Thanks

Q: Hi,
As per below from Globe Investor, have you heard anything on why other executives have been leaving the company in the past?

Analysts - and certainly investors - are sounding the alarm over Avigilon Corp. after it announced late Tuesday the third senior executive departure in the last six months. Shares are down 17 per cent in early TSX trading today.

The security solutions provider said chief financial officer Bradley Bardua left the company because of health concerns and that Wan Jung, a director, has been named interim CFO.

"We think the timing of Mr. Bardua's departure (one day before the fiscal first quarter 2014 earnings report, could not hold on for another day) is too coincidental for comfort," said Raymond James analyst Steven Li. "We believe Bardua was well thought of by the Street – and so this will be seen as a loss."

His "outperform" rating and $35 (Canadian) price target were both placed under review.

Chris Ross, executive vice-presdent of global operations, left in March of this year and Keith Marett, an executive in charge of marketing and product strategy, resigned in November 2013.

The company is expected to release its latest earnings after market close today. The consensus is for earnings per share of 14 cents, on revenues of $56.3-million.

Thanks.

Q: AVO

LOL... Guess the Market didn't like that very much.

Comment Only... AVO is a quality company and if the CFO was sick, I am sure he could have waited a day or two to make an announcement considering the timing. Obviously, there has been some catalyst for him being dismissed.

I am going to assume it may take 2 or 3 quarters but we will see AVO once again thriving... Am I wrong? Or should I kiss my $2 Grand goodbye? Highly unlikely.

Q: Good afternoon 5i,

I have a non-registered account as well Tfsa and RRSp. Should I treat each account has one portfolio or all accounts has one portfolio?

Thanks

Q: Hello Peter and Staff
Apparently Transglobe (TGL) earnings report not good and stock is in the throes of a sell off. Wondering if I too should throw in the towel, take the loss, or do you think there could be better days ahead?. Thanks

Q: Re: TLM.to
Do you think TLM.to is a typical deep value turn around story? It seem like it has already turned around.
Thank you!

Q: Hello 5i,
Hawaiian Electric Industries (HE) has had its share price drop quite a bit lately. Should I just keep this stock and ride it out, or is there something better out there that has the same dividend.
Thanks