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  5. FSZ: Cash flow this time last year was 52 million and is now 162 million according to 5i. [Fiera Capital Corporation Class A Subordinate Voting Shares]
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Investment Q&A

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Q: Cash flow this time last year was 52 million and is now 162 million according to 5i. Dividends account for 90 million. What position size would you be comfortable with ?

Thx
Asked by blake on October 18, 2024
5i Research Answer:

FSZ has had a sizeable bounce this year, but it is still a relatively small company in a competitive industry that can be cyclical. Good EPS growth is expected this year, but not much is expected in 2025. We would still consider it on the higher-risk side of things, and would not want to go beyond 2%.