Q: Hi 5i, On September 19 a client asked you a question on this stock and its price peaked at $0.45 that day. Here is part of your response "At $220M market cap, each 'future' location is being valued at about $4M, which seems high to us for a small retail outlet."
Stock is now $.05 - market cap 28.55 million. With the managements experience running Solo Liquor stores, does this seem like a good entry point, this would of course be risky and speculative as it is the Cannabis space, negative momentum etc, I am not looking to add a ton of money to this but maybe a 1% position, what are your thoughts on the company now? Recent update states they hope to have 25 stores open by end of 2019 and are focusing growth on Ontario now. Also, with Ontario possibly opening up liquor to private retailers this could be a play on that as well. Thanks for your advice.
Q: At current price levels ITP at $14.80 and UNS at $19.38 would you buy more to average down, currently both are at a loss, hold or sell. Not required for tax loss. Please give reason for answer. Are dividends safe?
With the dividend yield now over 8%, is this a danger signal for ZCL?
I know it has been on and off your favourites list and you had indicated a couple of months ago that you are not expecting a big turnaround.
But the yield is tempting....
What is ZCL's free cash flow and payout %.?
Is the balance sheet in good shape by your standards.?
I can be patient with a stock offering an 8% yield .... as long as it is not likely to be another ALA.
Q: So looking at the bid price of $4.91 (down 20.29%%)and taking into account your comment on if it reached south of $7.00.....A good time to take a position. Anything fundamentally change just recently? other than the div cut.
Q: BRE is sliding today on news of an amended credit arrangements with CIBC. Yet the new deal looks like an improvement over the old one, including an increase in borrowing potential and a decrease in required EBITDA. What do investors see in this to make it a reason to sell?
Q: Would you mind commenting on LGT.B’s 3rd quarter numbers released in early November? There was weakness in “environmental services” segment but otherwise they seemed to have done quite well. They also seemed to be quite positive about the 4th quarter. The stock price has just gone down and, as you have noted, there is not much float. I am thinking of adding to my existing position. ( I got a double on the stock but my weighting is low due to the lack of liquidity).
Thanks,
Jim
Q: A few days ago Canwel has finish acquiring western wood treating company in California. What size of company was this compared to cwx itself before buying up one of its competitor. Would this affect there next earnings report in a negative way or should this be a positive outlook. If you look at the history of this company is it growing at fast pace or would consider it growing at average pace. I guess my question is, has this company double in size in less then five years as an example ?Thanks for great info you provide
Q: Carmanah is selling its Sabik assets and will end up with net cash of about CAD $118 million. This for a company with a current market cap of only CAD $65 million. Are there significant residual assets after the Sabik sale? On its face it looks like this is an opportunity to buy a dollar for 55 cents and get the remaining business for free.
Q: I was wondering if you could give me your thoughts on this stock which is in its very early stages. At what stage would it be wise to consider as an investment or is it something 5 I would be interested in?
Thank you for your time.
Q: Cipher, is hosting an investor webcast today, I am hoping you can report and summarize this event. The question for me regarding this co. is are they growing and I am looking for proof of traction not only in revs but also profits.