Investment Q&A

Q: “Has sold shares in company.
Company has too much retail orientation (very hard business).
Auto-body shops require large capital investments.
Strong franchise - but would wait for shares to fall before investing. “

This is what a recent guest on bnn said about Boyd recently. I have to say that I am quite surprised and pleased with the way Boyd has risen from the ashes in the past year. But, like the above mentioned guest, i wonder if it is in a bit of a hard business. It is difficult for me to really judge, though, so i thought that I would lean on your wonderful slogan that diy investing doesn’t mean you have to be on your own, and so i ask your opinion on this.
Thanks as always

Q: Between ATZ and WELL, which should I sell to raise cash, and please explain. Thanks again. al

Q: Can you comment on the ballooning Stock based Compensation given to the CEO
I assumed this compensation was in the form of options which could be said to incentivize management, but that is not the case. They are being compensated in Restricted Stock Units (RSUs), meaning units that could be converted to stock at market value after a certain period, without management having achieved anything. This compensation is in addition to their equity, existing options, and salaries, all of which are substantial. The board essentially gave them free money, no strings attached. I don't know how this could be seen to benefit shareholders. If you know, please tell me

Q: If you didn't own any banks but are realizing they are getting to attractive price points that have div yields only seen one other time in the last 25 years (covid), and you were considering TD or RY. TD looks attractive because of its bigger pullback due to US M&A mishaps, while RY has not pulled back nearly as much and has been stable. TD having the bigger div but RY outperforming TD by a pretty big margin over every time frame. Which would you chose today, TD for valuation or RY for long term outperformance? This is for a long term hold. Thx

Q: Hi 5i,
I don't know much about these names but am thinking about investing in one or both, so a few questions to get me started and please deduct as you see fit.
You were asked this morning if SHOP's entry into the POS arena would affect LSPD, and I have the same question, but with respect to NVEI - will SHOP be competing with NVEI in that area?
I think tech may be getting ready for a turn around. Do you think that conclusion is justified by the facts on the ground so far as they are known and, if so, are either or both of SHOP and NVEI likely to benefit given their current prices or, put another way, are they at good entry points?
Does it make sense to own both, or better to take the $$ that would be split between them and go all in on one? If so, which one?
Thanks.
Peter

Q: Can you recommend 5 top value Canadian and 5 USA companies that have solid long-term businesses, with great management, a good P/E and have no debt or very low debt. Would really like to find a solid core of buy and hold names in any sector. It would appear to me that SLF would be one good choice.
Thanks!

Q: What are your thoughts on GDI? I know you still hold it in your growth portfolio but the stock has pretty much traded in a flat range for the last 2.5 years. Up 32% but only around a 1% position. I'm patient but thinking of selling and adding to other names with more growth potential, names like LMN, KXS, ATZ, CROX, WELL, NVEI, TOI, SHOP, etc.... What are the catalysts to move this stock and what do you still like/dislike about the fundamentals? Thanks!

Q: Now that SHOP has announced plans to enter the point of sale hardware business, is it lights out for LSPD?

Q: Which stocks are cheap and buyable Can be trade or long term hold.

Q: TIXT stock has been in a steady decline in recent quarters. Does this reflect a decline in their business fundamentals (slower growth) and prospects going forward?

Q: Received from RBC Direct Investment:

A Tender Offer for: Dye & Durham Limited. Common***Dye & Durham Limited

This offer is made by: Dye & Durham Limited.

Unsure how to respond?

Thank you.

Q: Hi, Does Mason Capital Group - Hedge Fund still own 19.5% of ATS shares, or shares were divested at some point ? So, is Capital Group, the largest shareholder with about 10.05% ownership ? With ATS Insiders owning 20% of shares, what is the total Institutional ownership ? Thank You

Q: Thoughts on DND? Down over 8% yesterday with no news (or, at least, none that I can find). Perhaps an opportunity to buy?

Thanks

Dave

Q: What is your favourite etf for Canadian banks? Is CPD a good way to gain exposure to them?

Q: Aw.un seems to be trading in a range of $35 to $38. What is a good price to enter? Or U prefer others. Txs for U usual great services & views

Q: Hello, With reference to your Model Portfolio changes to trim Stantec's present 2.5% weight to 2%, in Growth portfolio ( start price $68 - current price $77.50), could you elaborate on the rationale, a little more, for a better understanding. If the valuation is stretched, is the current price is expensive, in your opinion ? Also. generally, if you like a company and the sector, the model portfolio will hold a position 2.5-3.5% or higher.

We have noted your recent comments on this company and, decided to initiate a 1.5% position at $78, after the recent pullback, following company's results. We had no infrastructure/consultancy exposure before in our portfolios and have been low on industrial sector Just wondering, if our move makes sense.

Thank You

Q: Trying to decide whether to buy a 2% position in BYD or ATS for growth.

Q: An analyst on BNN said today that he feels Stantec's share price could double in the next 5 years, as they do a lot of business in the USA, which is spending a lot on infrastructure improvements, which should benefit Stantec. He felt their headcount in 5 years could be roughly where WSP Global's headcount is now, with some of the growth coming from acquisitions. Wondering what you think of Stantec's growth potential over the next 5 years, and also about their debt levels. Looking at the balance sheet, the debt to cash flow looks a little high.

Q: Hi, There has been recent commentary and reports from analysts that trucking sector is witnessing a slowdown and getting hurt with lower rates. They also say that these headwinds may persist for at least later half of this year. ( or longer, depending upon, how recession scenario plays out ). Recent results from companies in the sector has only confirmed this.

Specific to TFI, analysts have commented that the discount is already reflected in the current valuation and M&A will likely offset the slowdown impact to certain extent, over time. However, consensus is that any near term recovery is unlikely.

We have a small <1% position in TFII and were contemplating to eliminate it and use the funds to add to existing 1% position in CP or to further add to ATS { better momentum and visibility ).

What are your thoughts ?

Thank You

Thank You

Q: FYI and your comments please. (Cdn $55.50 appx - 5% discount to closing price)

BRIEF-ATS Announces Pricing of 6 mln Common Shares At A Price Of US $41 Per Share
5/24/2023 8:03 PM ET • Reuters



May 24 (Reuters) - ATS Corp:

* 6MLN COMMON SHARES AT A PRICE OF US$41 PER SHARE