Investment Q&A

Q: Do you still like Brick and if yes are we close to a good entry price.?

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: Would appreciate your view of EXFO as an investment. Thanks!

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.

Q: Most trading days this year Intrinsyc Technologies has been a buyer of it own stock (up to the allowable max). Though as of late in addition, they have purchased large blocks, yesterday 165,000 shares and 225,000 just 2 weeks ago (combined 2% of the float). What should investors read into this given the Company has had a string of strong quarterly results? I guess the obvious is the positive impact on EPS going forward.

Q: Are there any Canadian public-trade companies specialized in managing the farmlands in western Canada or Canada? I think it is good long term investment due to climate change.

Q: I am down considerably with Stuart Olsen. Is this a hold? Is a recovery in the works or should I exit and move on?

Q: I was hoping to get your opinion on PATK, it has been beaten up pretty bad from yearly highs. I'm down about 50%, is this a company you would add to at this point. I originally invested due to the management team. Thank you

Q: RE: "MBA is losing money and has too much debt for any comfort level." I'm confused about this statement. MBA has been cash flow positive and has been making significant gains from their student housing projects, which includes 8% development fees and capital gains associated with the % ownership of the projects through the Joint Ventures.

Last year they made 0.25/share. That doesn't include the Pearson project who's fair value wasn't yet realized on the income/balance sheet and who's fair value adds another $49M of equity before minority interest or 0.18-0.19 of earnings/equity to CIBT shareholders. This company works similarly to BAM in that it takes outside money through partnerships, charges a management fee, invests into real assets, and realizes profits through eventual sales, and cycles profits into other opportunities.

All the debt is mortgages owned through the limited partnerships. The actual debt to capital before minority interests is normal in real asset financing and not actually very high, especially if you consider the unrealized gains, the cash, etc.

What's more, it's pretty easy to look to the projects they have, and estimate earnings, management fees, etc and come up with a reasonable forecast.

I don't know if your comment was referring to MBA as a mistake, but I encourage you to read the annual report vice relying on numbers on the Bloomberg terminal. In my opinion, this is a hidden jem.

Q: How would you interpret the recent spate of insider buys at DBO. Thanx Robbie

Q: Wondering if you have any info on the Covalon timeline for the contract with Saudi Arabia. If there are no problems with it when should it start to show on the bottom line. Thank You

Q: Hello,

Any news coming out of this Company? Of course I am in for the long haul despite 5i's decision to drop it from the BP. Seems to have found a bottom despite or because of a lack of information.

Appreciated!

Thanks

KC

Q: this stock is not looking good , any chance it could go bankrupt?

Q: Evrim Resources (EVM) dropped about 75% today on the latest drilling results from its 100% owned Cuale project in Mexico. However this company has several other projects which are well financed through joint ventures with other gold companies. I am just wondering if this stock has been oversold since there should be substantial value in the other projects even though they are joint ventured. Could you please comment on the accuracy of my take on this as well as any further information you could provide including the cash position, overall financial health, insider ownership/recent buying or selling, and quality/experience of management. Thanks as always for your great service.

Q: What is your opinion of the news release today of Drone Delivery Canada’s first commercial contract? Is this as significant as it appears?

Q: What do think of buying RCH as a potential tax-loss play?
It seems to have good fundamentals but maybe some headwinds from US trade uncertainty and housing market slowdown.

Q: What do you interpret from the latest news release in particular the resignation of Josh Crumb and the future of the Mene collaboration?

Q: May I please have your opinion. Thank you.

Q: May I have your opinion please. Thank you.