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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: An interesting Globe article on Sunday entitled “This investor purchases ‘small, obscure, ugly and scary’ stocks” lead me to David Desjardins personal site where he talks about his “Net cash value” investing approach and more specifically his recent research report on Western Resources or WRX which he deems to be trading below it’s NCAV.

What are 5i’s thoughts on Western Resources? Anything you have on the company would be appreciated, thanks!
Read Answer Asked by Craig on April 27, 2017
Q: This has been quite weak lately, is there any reason in particular or is it cyclical? Is there another company that might be a good alternative?
Thank you
Read Answer Asked by Peter on April 25, 2017
Q: I am curious as to your current thoughts on Red Eagle? Now that they have reached commercial production, their current presentation states that they are trading at 3.1x 2017 Cash Flow, compared to a peer average of 11.6x implying a 73% discount.

Aside from this, they have lots of expansion potential at their current mine, and have three other prospects in the wings with lots of cash. What am I missing?
Read Answer Asked by Michael on April 18, 2017