Investment Q&A

Q: What are your thoughts on the bought deal private placement of 5M shares? If this was a less common occurrence it would be acceptable but SIS just raised money last year. On both occasions they wait for the share price to get to around $15/$16 and they decide to raise money and drive the share price down. They have set a ceiling on the share price and everytime it gets momentum they send it falling back down to earth. It seems to me that they raise the dividend to drive up the share price only to dilute our shares to get more money. If you need money why raise the dividend 20%, why not keep it the same or slight raise to save money and stop diluting and let the share price go above $16. I've liked mgmt but I'm starting to lose confidence in their decisions around growth. They have just ensured that the share price will fall to $14 tomorrow and stay in that range for months to come. Same as last year. Sorry, frustrated with the recurring dilution. Thanks

Q: Follow-up on my earlier post today relevant to a possible reason for COVALON's 10% jump in stock price: The Zacks report a COV director sent to investors this morning (as an email attachment) is dated: March 18, 2019, and was authored by Brian Marckx, CFA, with Zacks Small Cap Research. While there may be an old Zacks report out there, this one appears to be new.

Q: Jeffrey Mandel (a director on Covalon's Board) sent one of his periodic e-mails directly to COV investors. Today's message included a PDF attachment of a 25pp research document COV apparently commissioned from Zacks Small Cap Research in Chicago. Unsurprisingly, the analysis is glowing, which stated, in part, "We forecast Covalon to generate revenue and EPS of C$53.4M and C$0.13 in 2019 and C$64.5M and C$0.30 in 2020. We value Covalon using a combination of P/S and P/E methodologies. Based on analyst's revenue and EPS estimates of publicly traded companies in focused on wound care and medical supplies, infection control and vascular products, we calculate fair value of Covalon at ~C$11.2/share, or US$8.50 based on current exchange rates."

Q: what is the connection between these 2 companies?
thanks.

Q: Hi Team,

Could you tell us the story behind today's 10% jump please.

Thanks!

Q: FSZ has taken quite a beating today. Any idea what's causing it? Time to buy more?

Q: SYZ has been moving slowly downward the past while. Anything to be concerned with? I realize it's a low volume trader and more volatile. What will it take to kick start the stock?

Q: Is ENGH value buy at this price? Thanks for your help.

Q: I'm thinking of investing in this company. Considering the slow down in the economy, consumer high debt in Canada and possible upcoming recession, I think this is one of the few consumer discretionary companies that might not be too affected. Your thoughts on this company, please.
Many thanks for your great service!
Jen

Q: In reference to your answer to Roy on March 29. While I appreciate your answer to the question asked, it leaves me as an existing stockholder wondering if you are implying a sell recommendation above $15.00
Hope you understand my thought on this.
Thanks
John

Q: Put in an order to SIS this am. It ran away from me. Based on valuation what would you consider a fair bid for this stock?

Q: Which companies are KXS' key competitors and what competitive advantages might KXS or its competitors have over each other?

Q: $17.28p/p, now 3.5% position. Positive market response to Q results even though missed estimated eps. Is it time for me to add? Thanks for u usual great services & views

Q: Morning guys:
I owned this in the past. Would this be a good entry point now for a long term hold.
Thx
Mark

Q: HI how money is this company putting into upgrades of their property's... they seem to be putting a lot of money into building out, and machines etc. from what I have seen. Their customer base are baby Boomers, which is not a grow group.

Q: Can you summarize what if anything we should take away from TSGI's guidance yesterday? It seems like it was designed to encourage the market but didn't quite have the desired effect. Was there anything new there and if so did it validate the decision a lot of us have made to hold?

Q: Right now all of my stocks are up expect for three which I am down significantly in: TFII. TSGI, PBH. I am thinking of taking my losses on these three. I realize that not all stocks in a portfolio will be up at the same time, but the market has been on fire lately with even boring stocks soaring, which makes me concerned that these stocks are down for a reason and will fall even more if we have a recession. What are your thoughts?

Q: Please comment on results and going forward.EPS missed estimates again Thanks for u usual great services & views

Q: I have 2% position of SYZ in my portfolio and with this stock failed to gain any traction, and also dropping almost daily (I'm down 10% so far overall), would it be advisable to just sell it for a small loss and move on? Your recommendation is much appreciated.

Q: I have a question about Richard's Packaging Income Fund ; I am looking to put new money in either CCL or RPI. 5-year time horizon. Is there a preference?