Investment Q&A

Q: Hi Team,
Having not researched this name myself yet, what is the story behind HPS? It's an old company and looking at a 10yr chart had been flat for years between $5-$10 range. Now since 2021 it went parabolic to $84 today. What changed in its business to justify such a drastic gain? Perhaps I am a bit cynical or cautious; but I am a bit hesitant being told in the past not to invest in names that have gone parabolic so quickly? At least without a significant pullback. Thanks for your insight!

Shane

Q: Any comments on the latest CSU acquisition of Medhost?


Thx

Q: With respect to a potential take-over in a family run company, does his have a coattail provision.

Thanks

Q: What is their balance sheet.
In what order would you buy them?

Thanks,
Milan

Q: hi, would you consider these more on the risky side, or just smaller cap? I read Hammond EPS around 15 which seems fine to me. I can't find an EPS on LMN?
is this a decent entry point for each? if not, what price would be a more reasonable entry point?
cheers, Chris

Q: Interested in Aritzia, can you provide a good thesis as to why this investment is worthy of a buy or hold? Capital IQ estimates revenue growth for 2024 to be only 4.6%, how come this is so low? Is the increase SG&A expenses a result of the recent inventory surplus and do you think it will resolve itself within the next couple of months? Lastly, how many shares were issued after initial IPO offering compared to now and with low ownership from management, why do you like the company?

-Thanks

Q: Good Morning,

Is there a user information sheet for the monthly model portfolio reports? I would like to understand if the portfolio return includes capital appreciation and dividends, the % for asset class benchmark and active, max. Drawdown, profitable and losing periods, upside and downside capture, etc. Thank you

Q: Looking to add to my TSFA, working on following the Balanced Portfolio, am missing these stocks. which and in what order would you add these?
Thank you, Shane

Q: Hi, I own a bit of Lumine at a fantastic average cost. It obviously has had a run and is settling down in 2024. I have some extra cash now because of a fresh TFSA year. Would you be a buyer of LMN right now on the pullback? This would make my ACB jump quite a bit, so curious. Would you wait a bit to let is drop a few bucks more? Thanks for your great work.

Q: Hi,

KXS or Lumine for long term growth?

Thanks
Robert

Q: GDI or TSU for 2024?
Thank you!

Q: Hi - what is the upside potential for this laggard and what are the catalysts if any

Q: Hi, Technology sector had a great 2023 and most Large/Mid cap Co stocks on both sides of the border saw outsized gains. Kinaxis, in the group appears to be an outlier and continues to be a laggard. Descartes Systems, which, I believe, operates in similar Logistics/Supply Chain management solutions, has performed quite well and apparently not impacted by the challenges faced by KXS.

What, in your view, are the factors contributing to this underperformance and are these issues transitory? You have recommended to hold on to this stock due to zero/low debts, strong customer base and its highly successful/unique programs for the industry. What are the catalysts and the basis of your recommendation, despite stock's continued poor performance ? There is a cost to Capital for an investor and may be, it's time to move on and look for better opportunities and more efficient deployment of funds.

Thank You

Q: I'm retired with a relatively conservative portfolio. Would like to add a bit of risk / reward and have considered LMN, partly because of its link to a very solid CSU. Questions:

How much influence / control does CSU have on this company? Is there a way to describe it or measure it ?

In a long recession scenario, generally speaking would the odds of its survival be better because of its association with CSU compared to other small caps?

It's P/S multiple appears to be around 3.6 X. This seems somewhat reasonable to me compared to some tech stocks in the U.S. Would you agree / disagree ?

Q: Hello Team,
Would you have a preference between these two stocks, or would you recommend both?
Thank You,
Barry

Q: Good morning ,

Just trying to clear up HPS market cap.

On the 5i company data section, Yahoo Finance, and the Globe it has the market cap listed at aprox. $970 million, but google finance and TD have it aprox. $743 million. Any idea which is right? Thanks. - Jeff

Q: If you had to choose between CSU and LMN, which would have more growth going forward?

Thank you for your service!

Q: Peter, if you became a fund manager again starting next week, what would be the first stock you would want to buy?

I asked this same question in 2018 so I want see if your answer has changed after 5yrs.

Q: hi, ATZ down 5% today on no news I can find online? a case of leaked earnings/corrupt insiders? appreciate your thoughts on this...
cheers, Chris

Q: BNS has been a big disappointment for many years. With every year that passes, I say to myself to be patient and give it more time. The new CEO needs time, the acquisitions need time, the valuation is attractive, reversion to the mean is a powerful force, 5i really likes it etc etc. Yet each year, there is no improvement.

I just looked at TD's EPS Consensus Expectations for 2024, and they are less than 2023! Earnings for 2023 were poor, and considerable lower than 2022 and 2021.

Please tell me why I should continue holding on.

Thanks