Q: Photon Control Notice of Meeting and Management Information Circular was received the other day. Proxy due date is June 25, 2021. Reading the Information Circular, Mawer Investment Management owns 10.5% of the 105M shares outstanding and Photon’s Board of Directors owns 9.4% of the shares outstanding. As you wrote in one of your answers, there are not many large shareholders to fight for a higher bid. From your stock market experience, would the possibility of a higher bid from another company occur before June 25 or after the proxy vote?
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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 Peter, This seems weird to me.
Savaria declared a monthly dividend of 4 cents on May 21, payable on Jun 10th.
Scotiabank did a cash settlement amount of $314.25 on 2500 shares.
Did SIS declare a special dividend?? Or is this a mistake by either Scotiabank or Savaria because my usual monthly dividend is $100.
Savaria declared a monthly dividend of 4 cents on May 21, payable on Jun 10th.
Scotiabank did a cash settlement amount of $314.25 on 2500 shares.
Did SIS declare a special dividend?? Or is this a mistake by either Scotiabank or Savaria because my usual monthly dividend is $100.
Q: Hi,
According to estimates, E Commerce is set to grow rapidly over the coming years. Stocks like Shopify & Amazon are the one’s that come to mind. Is Lightspeed in or will be in that same category of E commerce?
Thanks
According to estimates, E Commerce is set to grow rapidly over the coming years. Stocks like Shopify & Amazon are the one’s that come to mind. Is Lightspeed in or will be in that same category of E commerce?
Thanks
Q: 145 shares of Bam.a will get 1 share of the spin-out. I have 100 shs of Bam.a. Is it better for me to add 45 shs in order to get the new 1 sh. or stay put. Txs for u usual great services & views
Q: Hi, Recent chatter on 5i suggests Topicus shares as Bargain at $44 and Very Attractive at $25 (Based on present Sales), while it is currently trading at $78 after touching a High of $94. So two Questions:
1. Is the stock Expensive at current valuation ($78-$80) or a Good Buy ?
2. If we need to revisit Constellation Software, let's say 10 yrs ago, when stock traded in $80-$90 range, did CSU stock look Expensive or different from TOI's valuation Today ?
I am trying to visualize TOI from the same lens as CSU ( and its history) and make a reasonable assumption and investment decision, although CSU performance may not necessarily be replicated.
Thank You
1. Is the stock Expensive at current valuation ($78-$80) or a Good Buy ?
2. If we need to revisit Constellation Software, let's say 10 yrs ago, when stock traded in $80-$90 range, did CSU stock look Expensive or different from TOI's valuation Today ?
I am trying to visualize TOI from the same lens as CSU ( and its history) and make a reasonable assumption and investment decision, although CSU performance may not necessarily be replicated.
Thank You
Q: Typical market reaction to financing. Who are the main backers of this company and does 5i still see long term potential . Thanks Steve
Q: ECN through its subsidiary in the Us has a deal with Sam's Club to help with financing of home repairs & renovations. Is this deal material to ECN or just a small add on? Thanks for your great guidance.
Dave
Dave
Q: Hello, I hold 450 shares of BAM.A in my non registered account. If I understand correctly, on June 28th I will receive 3 shares of the new Brookfield Reinsurance company plus some cash for the fractional share. For tax purposes, will this be entirely considered as dividend (the 3 shares + cash amount)? Thank you
Q: Hi,
I have a small position in EGLX was looking for an entry to add to my existing position. Would you consider today’s drawdown a decent time to add to that position?
Thanks.
I have a small position in EGLX was looking for an entry to add to my existing position. Would you consider today’s drawdown a decent time to add to that position?
Thanks.
Q: Hi Team,
I have noticed ATZ has been recommended quite a bit recently by 5i as a favorite. I didn't see a report on it yet when I looked, so I was wondering if you could elaborate a bit as to why this stock looks good right now (business prospects, growth, re-opening play?, valuation, etc), and if it would be one of your top picks in the canadian market to buy right now? Or if there is another compnay you prefer better in the consumer discretionary space within canada? Thanks
Shane
I have noticed ATZ has been recommended quite a bit recently by 5i as a favorite. I didn't see a report on it yet when I looked, so I was wondering if you could elaborate a bit as to why this stock looks good right now (business prospects, growth, re-opening play?, valuation, etc), and if it would be one of your top picks in the canadian market to buy right now? Or if there is another compnay you prefer better in the consumer discretionary space within canada? Thanks
Shane
Q: Can you comment on EGLX marketed public offering. Why would they choose this method of raising cash and at what price do you think they will sell the shares at? How is their financial position? Are they burning a lot of cash? Thanks
Q: Hi,
I own DND and its trading at around $48,69. The offer to go private is at $50,50. Here is my thinking, Why would I sell at the current price if the worst case scenario is the buyout at $50.50? The other option is that there can be a higher bid, or this whole thing of going private just falls apart, which might stall the share price, temporarily. Not to confuse myself nor you, I am thinking if the best case scenario is just to hold my shares because if they were not intending to go private, I would have had a 5+ year time horizon anyway. Would you agree with my thought process?
Thanks,
I own DND and its trading at around $48,69. The offer to go private is at $50,50. Here is my thinking, Why would I sell at the current price if the worst case scenario is the buyout at $50.50? The other option is that there can be a higher bid, or this whole thing of going private just falls apart, which might stall the share price, temporarily. Not to confuse myself nor you, I am thinking if the best case scenario is just to hold my shares because if they were not intending to go private, I would have had a 5+ year time horizon anyway. Would you agree with my thought process?
Thanks,
Q: I have some cash to invest in my TFSA. Have held PKI.CA for 3 years. Collected dividends and now breaking even on share price. I am thinking of cashing out and buying ATZ as a faster recovery play. What do you think of this switch? What is a good entry point for ATZ since it jumped yesterday and today?
Thanks for all of your wise guidance over the years.
Donna
Thanks for all of your wise guidance over the years.
Donna
Q: Hello,
You answered a question on TOI the other day stating 7x sales is a bargain and 4x would be very attractive. Can you relate those answers in terms of share price?
Thank you
You answered a question on TOI the other day stating 7x sales is a bargain and 4x would be very attractive. Can you relate those answers in terms of share price?
Thank you
Q: Hi,
Bam PR’d that they will be issuing 1 share as a special dividend for every 145 shares held in Bam. That will leave me with 1 share and some change left over. Do I read it correctly that the new shares will be priced at the same price as BAM shares?
What to do with this singleton?
Bam PR’d that they will be issuing 1 share as a special dividend for every 145 shares held in Bam. That will leave me with 1 share and some change left over. Do I read it correctly that the new shares will be priced at the same price as BAM shares?
What to do with this singleton?
Q: Your thoughts on their quarterly results?
Thanks...Steve
Thanks...Steve
Q: With the new information released today by Brookfield around the Insurance company can you explain what it means. I'm a little confused by the details. It doesn't sound like a spin off where shareholders will own shares in the new insurance company. Also 1 share for every 145 Brookfield shares? Thx
Q: Hi 5i, pls provide your thoughts on latest qtr, guidance going forward and your view as a hold for next 5 years.
Thx
Thx
Q: Good morning, considering TFII being a cyclical stock, at what stage in the cycle would you say it is in these days? In other words if i bought it now hopefully it's not too late in the game, thanks
Q: I see you are sitting on over 7% cash in the Income Portfolio. Any plans to deploy these funds in the short term....or is this strategic?
I notice the Balanced Portfolio is at 1% cash, while the Growth Portfolio is at 6% cash.
To my way of thinking, I can understand the Growth Portfolio having a higher cash balance due to the more volatile nature of the fund and wanting more cash, so as to take advantage of opportunities that may arise. But...I would have thought the most conservative fund, the Income Portfolio, would have the least amount of cash, so as to generate the most income at the steadiest level.
Thoughts?
Thanks...Steve
I notice the Balanced Portfolio is at 1% cash, while the Growth Portfolio is at 6% cash.
To my way of thinking, I can understand the Growth Portfolio having a higher cash balance due to the more volatile nature of the fund and wanting more cash, so as to take advantage of opportunities that may arise. But...I would have thought the most conservative fund, the Income Portfolio, would have the least amount of cash, so as to generate the most income at the steadiest level.
Thoughts?
Thanks...Steve