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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: hi Peter if the 100 million contact with the Saudi's is lost say TODAY what is the material affect to COV.? ie. 1. what would be the new revised P/E ratio? and. 2. what is your best guess as to the new lower trading price per share ? 3. does your forecast of 35 cents to 40cents per share for 2019 assume a favourable resolution of this issue? 4. what percent of equity is currently owned by executives and insiders? thanks Richard
Read Answer Asked by richard on September 19, 2018
Q: What would happen if there is an economic downturn or recession and people lose jobs and there are high non-performing loans at Goeasy.
Does the company have a hold on the asset being financed ? Does defaulting on Goeasy loan have a strong impact on individual credit scores ? Im wondering if Goeasy will have a huge NPL or face something similar to sub-prime crisis because they are one of the few players in a market which is not serviced by banks but more by pay day loans and credit cards.
Read Answer Asked by Sridhar on September 18, 2018
Q: We are removing our losing position in The Stars Group Inc. (TSGI-T, portfolio weight 1.3%) from our large-cap model portfolio. The price and forward earnings momentum of The Stars Group has turned sharply downwards in recent weeks. In an overall market which we believe may be shifting more towards equities with lower volatility and more predictable earnings, The Stars Group is not a good fit, in our view. We have also seen weakness in the overall gaming subsector as seen through the VanEck Vectors Gaming ETF (BJK-US), with many names such as Las Vegas Sands Corp (LVS-US) and MGM Resorts International (MGM-US), seeing steep declines in recent weeks.
After reading the above in a TD commentary I feel I should sell my position in The Stars Group. Do you agree?
Read Answer Asked by Rick on September 14, 2018