Investment Q&A

Q: Could you give your opinion of Parkland's 3Q results. They charaterize them as "Strong".

Q: still hold this one quarter looks better than forecast I think.

Q: what is the future for the next 2 years

Q: One of your subscribers is cautioning that the major shareholders could take the company private and laugh all the way to the bank. Please explain: does that mean that current shareholders of wilan woukd receive next to nothing for their shares? I own a lot of wilan for the dividend Ha! and am wondering if like Graham it is time to get out.

Q: Can you comment on why there was such a neg rxn to their results? S this a good longterm hold in a TFSA?

Q: Hi Peter and Team,

I know you've been getting lots of AVO questions, but I want to get your thoughts on what it will take to finally move the stock up. It seems like the results were overall solid, and the fundamentals of the company are very much intact, but it just keeps getting punished. Do analysts and investors just generally dislike this company so much that it'll never get the benefit of the doubt. I'm starting to get a little impatient with it, as I'm sure a lot of others are.

Thanks,

Jordan

Q: Now that I have sold my WIN shares, I would caution your readers, and Helen in particular, that it is possible that the major shareholders could take this company private, using its own cash, and be laughing all the way to the proverbial bank.

Q: Could you please comment on Newalta's Q3 earnings and dividend cut?

Q: Hello. NAL's Q3 report sets a target: ​"​Despite the low oil price environment, we will target to be Free Cash Flow neutral commencing in 2016 and positive thereafter." Given NAL's cost cutting and 50% dividend reduction, do you see NAL meeting the target of 'Cash Flow neutral' in 2016 and maintaining their lower dividend? In effect, can NAL can offer existing customers and potential customers value with oil prices in the $45 to $50 range? Is it possible to predict a very rough range for the price of Oil over the next 12 months? Buy / Hold / Sell ? Thanks so much for this fantastic service.

Q: The recent events at WIN and even AVO (stock price drops despite strong earnings) has me fed up and inclined to do a portfolio clean-up of all my dogs. I am holding and down big time with WIN, QST, BDI, AVO & BAD. I am otherwise pretty well diversified and am already holding cash as well so I don’t necessarily need the proceeds to invest in something else. However, calling any stock a dog is of course extremely relative. I call them dogs because of the heavy losses I’ve incurred, but if I bought them today maybe I’d look at them as having good potential! In what order would you be dumping these names today for someone who is just plain tired of watching them drop? Do you regard any as having good short term (1 year) bounce potential? I am always hesitant when it comes to selling a big looser because I always think that I will be letting go at the bottom (and usually end up just staying along for the ride further down). Thanks.

Q: In light of what is happening to Magna and Linimar today how do you think Exco will be affected and can you tell me when they report 3rd quarter earnings. Thanks

Q: I would assume that this company should now be a takeover target given the now cheap stock price, the large amount of cash, and the obvious need for a changeout of mgmt. do you agree?

Q: What do you think of sunlifes latest results.

Q: Hi Peter Where do think floor support for this stock is It is down another 20% this morning .
Kind Regards Stan

Q: I like AVO's growth but am concerned about AVO's lower reported operating cash flow vs. earnings. In the first nine months of 2015 the company reported $22M of earnings but only $9M of operating cash flow. The difference is due to spending on inventory, which the company is presumably doing to support future growth. However, the Days In Inventory ratio indicates it's taking AVO longer to sell its inventory than it used to. In your experience, is lower reported cash flow vs. earnings a cause for concern for investors? Also, do you think this could be a red flag that AVO is channel stuffing into its integrator network? I'm deciding whether to add a small position (1-2%) in AVO because of its growth potential and what appears to be an attractive valuation on P/E. Thanks

Q: Hello 5i,
Please comment on Magna earnings and outlook.
Thanks.

Q: Thoughts on recent earnings. I noticed the automotive division is doing well but the rubber compounding is showing some weakness if i'm correct.
Still a 5i favourite?
Thanks guys

Q: looks like magna is going to get kicked again today. I was going to add but probablly should wait ?

Q: YTD price is down approx. 30%, fwd PE is 9.7 and yld is 7.3%. Any reason other than cycle and retiring CEO. I like this company and sector long term. Is it screaming buy?

Q: Hi Team,
I've owned AVO for about 18 months. After what seemed like decent numbers this quarter the stock dropped yet again (a stock the market hates). Do you think I would be better off re-deploying my AVO capital into any or all of GUD (Knight) and/or IT (Intertain) and/or DRT (Dirt Environmental)? I own 1/2 positions in all three. I now have about a 1/4 position in AVO.
Thank you.
Michael