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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: I noticed Abt is doing quite well this month and I am finally above water again. My questions are:
1) is there some news;
2) when do they report next;
3) is this a good opportunity to exit this stock or do you think the momentum can continue;
4) My husband and I hold this stock in a TFSA, Riff and Rrsp -is this stock better suited for one type of account over another if you think it is a hold.
Thank you.
Maggie
Read Answer Asked by Maggie on July 25, 2018
Q: Since your last comment on HighLiner on July 3, the stock has gone down another approx 12%. I am very tempted to purchase a small position, but am a bit afraid that this is a "falling knife", with perhaps a dividend cut in the works.
I would appreciate your opinion as to the risk / reward at this point.
Thanks!
Read Answer Asked by Gregory on July 25, 2018
Q: Hello I have been watching PBH slowly go down every day for the last little while and was wondering what news is out there causing this? I have found none. I own this in a well diversified RRSP account and have a 40+% gain on my position and I am wondering if I should sell to take the gains and move onto something else?. How do the earnings estimates look for August 13th? Thank you for the great service and advice.
Read Answer Asked by Kolbi on July 24, 2018
Q: In the globe today there was a somewhat negative article about GSY and cash flow.
No need to reprint the entire article, I am sure you have read it with your morning coffee.
What is your take on this should investors be concerned

A portion below


At the behest of the Ontario Securities Commission, which was looking over the company's filings as part of a "continuous disclosure review," goeasy moved a couple of line items out of one portion of the cash-flow statement and into another. As the company noted in a news release, the change had no impact on the company's net income, earnings per share, cash position or balance sheet.

The change in the company's operating cash flow - a measure of cash the company generates in the ordinary course of business - was massive, however.

The company had told shareholders that it had $153-million in operating cash flow (OCF) in 2016; the reclassification turned the number to negative $21-million. For 2017, $179-million in OCF became negative $89-million. Over two years, that's a swing of $445-million (OCF figures are rounded).

And yet, the markets shrugged. The stock has not moved. Analysts covering the company did not put out notes. This was not "material," the word for what a reasonable investor would find important, a couple of analysts told me via email.

I think there's something wrong here, though, when a primary measure of how a company generates cash from its business can swing that much, and no one seems to care. Are we looking at the wrong things - or do financial statements that are compliant with generally accepted accounting principles - GAAP - not matter?
Read Answer Asked by Leon on July 24, 2018
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