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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: What is your general evaluation of this company and CEO Steve Marshall? Will it be difficult to sell their mineral assets? Are they overly dependent on the "normalization" of relations between the US and Cuba? Many thanks in advance.
Read Answer Asked by MG on May 02, 2016
Q: Intermap, IMP is a small Canadian mapping company that I own a small position in, as it is being touted quite heavily in another newsletter I subscribe to.

There's lots of talk about the mega deal they signed, how much of it will actually end up with IMP as profit, and whether they'll land another whale or two. Talking like $2 is reasonable...

Thoughts from 5i?
Read Answer Asked by Cameron on April 29, 2016
Q: Computer task group just reported. From the press release CTG expects total revenue for the 2016 second quarter to range between $85.0 and $87.0 million. Net income is expected to be between $0.03 and $0.05 per diluted share.

For the full year 2016, Non-GAAP net income is expected to be between $0.13 and $0.21 per diluted share.

Revenue has been declining over the past few years, the long time CEO also died recently.

They have reported $7.9M in cash in the balance sheet right now, and $79M is accounts receivable.

Is it rare to see a company trading with a market cap at close to cash + AR? (Currrent market cap is $96M)

Do you think they will drain cash to maintain the quarterly dividend of $0.06/share, making it unsustainable? Or a candidate for a cut?

Do you see this as a potential value play or trap?

Is it reasonable to speculate that a Democratic win in 2016 would be positive for healthcare IT spend? (one of CTG strengths.)

Could CTG be a takeover target?
Read Answer Asked by Michael on April 28, 2016
Q: I am curious what your current thoughts are on ABM given the year end reporting that just occurred last week? There were some interesting comments that could be looked at in different ways with respect to potential for litigation with Syncrude finally getting resolved (or not) and also the possibility of a buy out scenario being in the mix now as well. The company had a fairly significant loss reported (over $7M) and yet the shares surprisingly didn't go down after the news release and actually gained some relatively minor ground. In your view, is this because the share price is so depressed already or possibly because some of the a/n considerations - potential buy out and/or resolution with Syncrude - may be factored in or maybe the worst days are behind them with oil starting to show signs of recovery? Any thoughts you can offer on this company would be appreciated as I'm considering selling some or all of my position that I hold. Thanks.
Read Answer Asked by Mark on April 26, 2016
Q: I have IKM in my TFSA, down 46%. Everything else in that account is doing well but I also have $13K in cash. What is the outlook for IKM and what suggestions can you give me for the cash. I currently have TPK, EQB, and PHO. Overall, I tend to be a value investor, like dividends and am somewhat aggressive.
Read Answer Asked by Earl on April 22, 2016