Investment Q&A

Q: Peter and Team:

A neither of these two companies are "traditional" lumber companies, I was wondering how they might be affected by the upcoming SLA unrest. Do you see tariffs imposed on these products if a deal is not met by Oct.?

Thank you as always

Phil

Q: Since you published your most recent report on March 8th. $51.6m of new equity capital has been raised by a fully oversubscribed bought deal at then current share price with about 765000 shares paid for by all directors and some senior officers. The new capital was apparently used to pay down drawn credit and despite the dilution share price has risen modestly. The Debt/Equity, Insider Ownership, Net Margin (probably got worse) and CR boxes in the sidebar in your report would probably all change. But the Fort McMurray fire has caused another $5m estimated cost to adjusted EBITDA, and I suspect you may regard the present condition of Newalta worse than 2009, which it survived. Bottom line - are you any more optimistic about survival than you were in your report?

Q: Peter and Staff
Current thoughts on this company and in particular what would cause a 5 percent drop today? Is thesis still intact?
Thanks for all you do- enjoy the weekend
Dennis

Q: Hi, would the court decision today on Enbridge's proposed pipeline affect its stock?

Q: There is a pop today in the stock.$20 seems to be technical resistance.
I bought a 1% position at 15 should I sell and buy if it drops back. I dont normally like to trade. Its in a TFSA so no tax implications.

Thx

Q: You have mentioned Magna a couple of times recently. Would it make sense to buy a call for (maybe) Jan. 2018 @ $48 for $5.00? Any guess for a target 1 - 2 years out?

Q: Hi 5i,
What do you make about Amaya's not allowing media and non shareholders at the meeting on Tuesday. Is this level of secreacy warranted. I am down 15% and don't mind holding on for the turnaround but not sure if this company is as transparent as it should be with its shareholder's and the future prospects of taking the company private.
Do you see this a a warning sign.
I appreciate your thoughts. Antoine

Q: I would like to purchase some shares of Sandvine Corp (SNV). Please can I have your thoughts and opinion. Another question, your comments on DHX.B please. Which one would be your first choice. Thanks. Catherine

Q: What is your view of TCN? It's results haven't looked good recently and you haven't updated it...Thanks.

Q: Thoughts on the latest results?

Q: Good day, SJ seems to be bucking the trend today on moderate volume. In your opinion, has this stock plateaued and will trade in this range, or is there more downside possible. Looking at an entry point for a diversified rsp portfolio
Thank you, Harry

Q: With down grade of Enb what effect will it have thank you

Q: You rate this as an "A"; but, when I check my info provided by CIBC Investors Edge: debt/Equity is 2.8X, ROE is basically 0, P.R. is crazy high and P.E. equally so. They have issued a lot of common and preferred shares as well and must have a heck of a lot of non-cash write-offs which distort a lot of the metrics, I guess? What is the story on a pure cash basis then?

Q: You mention that HCG may be a good play post Brexit. I note that they had two substantially reduced dividend payments in 2014. Are you aware what the reason for that might have been? Just wondering if there is anything on their horizon that might cause that to happen again?
Thanks

Q: Hi 5i team

Any thoughts on the possibility of Magna working for GOOGL and/or AAPL? I have read a few articles on this. How far down the road might this be?
Also, would it be possible to post the stock price as part of the answer? As an example- Magna MG $44?.... Or too cumbersome ? Thank you

Q: I need to decide whether to keep or sell these companies based on what do you view their future potential from this point is going to look like: Ten Peaks Coffee (TPK) CPI Card Group (PNT) and Performance Sports Group (PSG)

Q: Thanks for the answer to the PM takeover. Thanks again for having suggested PM in the first place. Does that mean SIS is now more vulnerable to a takeover? Thanks again. Henry's

Q: Where is the best place to look for news like PM, if you don't have Bloomberg? I missed it completely. Who is taking over? and at what price? Thanks Henry

Q: What do you think of the take out price? Do you think there will be an offer from another company? Do you know when the deal will close and is it worth selling into the market now and redeploying the cash while the market is down. Thanks.

Q: I am retired and have several dividend stocks. I'm a recent member to 5i research and am looking at adding AW.UN and ECI from your income portfolio. They have increased in price since you put them in the portfolio. Is it still advisable to purchase them at the current price or could you suggest a maximum price point for purchase? I plan to hold them for a few years.