Investment Q&A

Q: Hello 51 team,
Please remind me of your rationale for particularly holding SYZ in the balanced portfolio; the allocation in the tech sector being at 18.5%
Thanks,
Antoine

Q: What is your opinion of Integra Gold (ICG)?

Thank you.

Paul

Q: What can you tell us about Urbanfund Corp, the CEO, inside ownership, etc, many thanks in advance.

Q: Has been some months since the last..the only query on this stock...your thoughts please....

Q: Reko generated 19MM in cash in the most recent fiscal year ending July'16.
They just delivered another profitable quarter along with their FIRST ever dividend of 20 cents as a special dividend. With a hard book value of 6.61 and working capital of 3.15 per share and virtually debt free how would you assess the investment potential of the company?

Q: I did not sell it when you advised. Now I am down 80 percent on it. It is in my registered account, so no tax advantage. Do you think it is worth holding if I can, for 5 years? Or should I just run with what I have left. Do you think will this be profitable or will get bought by someone in future(3 years)? Will they need to borrow money next year to survive?

Q: When I read thru the most recent MD&A, it screams to me that a turnaround is progressing very effectively. The new management had a massive mess to clean up. The sale of unleased single family properties to and post 09/30/16 as well as the resolution of all the municipal code violations/massive reduction in associated fines, gradual collection of former CEO funds owing with interest, paydown of expensive SSN and so on all seem very positive. I know this isn't something you endorse due to size and period of consistency, but do you agree with what I am reading that this ship is at least ostensibly turning around in a big way? Current management and board does have a solid track record with Firm Capital (FC) and significant insider ownership here, correct? Could you explain what the recent rights issue is about and how it works? Much thx!

Q: Do you have any informatuon on a company called Hemostemix.

Thanks

Q: Hello Team,
What are your thoughts on Rifco in light of the present 'Tax Loss Season' and in light of long term prospects?

Q: I hold NHC and am thinking that that tax loss selling has driven it down alot. Thinking of adding to average down. Whats your latest thoughts on the company

Q: Hi Team
I have about 23,000 shares in ORT and down around 70%. I have owned for about 4 years waiting for the plant to start producing. They are now in testing/commissioning mode and have been for some time...I do plan on waiting this out as they are so close, but sometimes tomorrow never comes. They have had so many delays I stopped counting.
What are your thoughts on this company coming through? Time to sell what little I have left or hang on?
Scott

Q: Could you please comment on the 3rd q results? I listened to the conference call and came away impressed by the growth prospects. They have taken on more space which will be ready to facilitate a large contract with a semiconductor that needed assurances the company had the capacity to deliver the volumes they need. There were a few large sophisticated buyers in the past couple of months(Radoff Foundation etc) that seems to suggest the company is undervalued.

Q: What do you think of PHO's most recent quarterly results and their forecast for the future? Would you continue to hold this company, as an investor? Thank you...

Q: IWG Technologies released their fiscal year results for 2016 and also have a buyout offer at $0.43 per share. Based on the numbers is the buyout offer at $0.43 too low?

Q: I have been watching Bevo for quite a while now. My wife took a very tiny position in it at 200 shares at 0.44 Now it is trading at $1.13 It is a very small company but to my wife and I it looks very interesting for a 7-10 year hold. Their financials look ok to me but what do you think? How big of a position would you start at in this company?

Jimmy

Q: I have about a 1.5% position in LTE which includes a 60% gain. It has gone up - up since I bought it, how is the valuation today? I am wondering about adding another .5 - 1% to this position. What are your thoughts on this idea at today's price, and what is the company's outlook for the next couple of years? Thanks as always, Kim

Q: Follow up question re graphene if I may. I'm wondering if a better strategy would be to invest in the technology developers and patent holders rather than the raw material miners. If I understand correctly, the technology requires miniscule amounts of material so I'm not sure if the miners are the real play here. Thoughts?

Q: What are your thoughts on FGD these days? Is India actually a catalyst for growth ?
Thank You
Clarence

Q: What is your opinion on CST's potential for growth within 12 months? They have proven their technology on two fronts, first as their pilot plants were successful in proving the company's claims, second on successfully defending their patents. Lastly, would you see CST as a takeover potential?

Q: Pivot announced has conditional approval to list on the TSX as of Dec. 19. With a share price of only 41 cents, would this be permitted or do you expect a share consolidation to occur? Also, with a market cap of only $70MM, does this really qualify for TSX listing? Dividend at 1 cent quarterly is 9.6%, which is certainly attractive. Do you have any further thoughts since the last couple of questions on this stock?