Q: Good morning. re: CSS Contrans I spoke to the Scotia iTrade agent today and asked about voting on the Transforce takeover. The agent indicated that there are only 2 options. 1, Take no action. 2. Tender my shares. There was no option to vote against the takeover.
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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 team,
With today price of 89.00 on THI, is it still a good buy for investment?
Thanks.
Cynthia
With today price of 89.00 on THI, is it still a good buy for investment?
Thanks.
Cynthia
Q: What would cause a 5.3% drop in AVO yesterday? Volume was average.
Q: Your answer to Paul: Re CSS transforce may be playing some brinkmanship games here. What does that mean? I am with TD Waterhouse and have received nothing from my broker. Has other subscribers with TD received information on voting? I will call them today.
Q: CSS Contrans Aug 25/14 question asked by Gerald:
I recently voted a control number from a CIBC proxy package at
proxyvote.com where the choice was clearly For or Against.
Proxyholders can vote again before the deadline with only the last vote counting. 'Take no Action' could result in voting for the management recommendation by default.
Publish at your discretion.
I recently voted a control number from a CIBC proxy package at
proxyvote.com where the choice was clearly For or Against.
Proxyholders can vote again before the deadline with only the last vote counting. 'Take no Action' could result in voting for the management recommendation by default.
Publish at your discretion.
Q: My question is to purchasing CUS stock or the debenture.As a current shareholder I received rights to purchase the debentures but wonder whether this capital should be used to purchase additional equity?
Thanks For your help.
Bob Rose
Thanks For your help.
Bob Rose
Q: Hello 5i team,
I bought shares of THI at $59; how long would I have to wait in order to make a 40% capital appreciation.
Do I wait? Do I sell? do I take some profit?
What a quandary!
Tony
I bought shares of THI at $59; how long would I have to wait in order to make a 40% capital appreciation.
Do I wait? Do I sell? do I take some profit?
What a quandary!
Tony
Q: CSS Contrans I voted my shares today at CIBC. Actually, it was a choice between a 'take no action' vote or a 'tender your shares' so the call in seems superfluous as I took no action.
Q: With the merger/takeover news about THI (Tim Hortons) and BKW (Burger King) do you expect to keep the newly formed company in the model portfolio? Or would you re-deploy the capital? And if the latter, into what?
Q: I am seeing that AVO is picking up again since last 2 days, I was just wondering since it has started moving upward is it the right time for me to buy or are we expecting more volatility until it comes at a fair value?
Q: Good morning Peter and Team,
This is more of a comment than a question. As per your advice, I'm voting to reject the Transforce offer to purchase Contrans. I recently received the "Director's Circular Recommending Acceptance of the Offer.....". As a Scotia iTrade client, I am being told to contact an agent at iTrade with my voting instructions. Strangely, when I phoned, the agent had no information on his system about the vote, and told me to call them back in a week. I was surprised that the all the info was received in the mail but that they're not yet ready to take my vote! I'm wondering if other brokers aren't yet ready to take the vote.
This is more of a comment than a question. As per your advice, I'm voting to reject the Transforce offer to purchase Contrans. I recently received the "Director's Circular Recommending Acceptance of the Offer.....". As a Scotia iTrade client, I am being told to contact an agent at iTrade with my voting instructions. Strangely, when I phoned, the agent had no information on his system about the vote, and told me to call them back in a week. I was surprised that the all the info was received in the mail but that they're not yet ready to take my vote! I'm wondering if other brokers aren't yet ready to take the vote.
Q: Peter, I have a half position in ATHN and I am consider replacing it with AYA. Your thoughts?
How is your training going? I have donated once and thought I would donate again once you get on your bike in Vancouver and again when you get off it in Halifax.
Stephen
How is your training going? I have donated once and thought I would donate again once you get on your bike in Vancouver and again when you get off it in Halifax.
Stephen
Q: Hi Peter and team,
I am considering replacing EIT.UN with PKI. I would like to know your thoughts on this move. Thanks for the excellent service.
I am considering replacing EIT.UN with PKI. I would like to know your thoughts on this move. Thanks for the excellent service.
Q: I have a small position in constellation software. What would you think of acquiring some more rights and invest in the debentures by borrowing against the home line of credit? Maybe even convert it to a mortgage amount at a lower floating rate?
The interest rate on the borrowing is a floating rate as is with the debenture and the premium offered with the rate reset would more than justify the risk?
The interest rate on the borrowing is a floating rate as is with the debenture and the premium offered with the rate reset would more than justify the risk?
Q: Thanks for creating 5I we have followed you for many years before 5I. My question is simple we follow insider trading reports a lot and always check them before purchasing a stock, recently we looked at purchasing DHX but its insider selling report didn't look that good. I have owned DHX before but am bothered by the insider selling. Are we reading too much into these reports as we also own Google and its insider reopt is not the greatest either?
Q: I bought LIQ at 11.75. Their dividend has not changed, just like the CEO said after the stock dropped following the news that BC government will allow grocery stores to sell the same products. The dividend is 9%. You recently wrote that this stock is below book value. Do you like it at this level? I'm tempted to double my position, but I would like to know, do we know when BC grocery stores will start selling alcohol? And do we know the impact it would have on the stock? Is it baked in?
Q: AVO.The bloomberg article painted an accurate,but damaging picture.Commenable that Ceo,Alex's primary focus is growth to $550m by end,2016 & maximizing its good product to keep abreast of competition.But acceptable that he is doing it at the expense of PROFIT & ramping up hugh & excessive expenses.M.Lowry,a co's spokesman stated that AVO has no current plans for more acquistion.This is damaging especially after $100m equity financing in last April(diluting shares) Many fund managers recommend AVO,including 2(PI Fin.corp & CIBC) who increased the target price a few days prior to release of results and subsequently reduced. On Aug 11,a sharp fund manager stated a lot of hedge funds who own the stock were disappointed & try to leave at once,This is now a "SHOW ME" story Appreciate good managers like our Peter Hodson & Pat Horan who advised us to stay the course,& Pat recommended it as a "STRONG BUY" In my humble opinion,if a hedge fund,who owns a seizable portion & decides to intervene,AVO will see glory days again very soon.Note that Ceo Alex only owns a small amount(3.2%).For example,CP increased substantially after intervention,& to a much lesser extent,BXE(a few days ago. Thanks
Q: What is your opinion of the debenture offering by CSU through debenture rights to shareholders?
Q: Hi, We hold Constellation Software shares. The cut off date for debenture rights CSU.rt was August 21.The rights have already started trading. Will the rights be deposited to my brokerage account? What would I need to do to exercise my option to apply for debentures? Can I also buy extra rights? Thanks for your help, as always.
Q: Which of the land tranpotion stocks your preferred choice and why?thanks ebrahim