Investment Q&A

Q: Hi Peter,

I am baffled by the 30% additional fall in NPK since the last time I posted a question about it. After a lot of reading I am personally of the opinion that this is definitely a 2 or 3 bagger stock. It has an excellent project with great economies of scale especially for Brazil's requirements of potash if it gets the needed financing. Potash is a commodity the demand of which is tied to population increase. What is the possibility that this company will be just like all the penny stock precious metal failures that fail to obtain cash infusion.

Q: Hammond (HPS.A) has dropped considerably since lightly decresed earnings a couple of days ago. Is this a market reaction to the weak quarter (seems a tad muchof a reaction) or is the higher volume just somebody of size pulling out? Also, what is your opinion of future prospects given these results.
Thanks!

Q: I would like your opinion of Laramide (LAM). Do they have the dollars to get into production and carry on till the Uranium price improves.

Q: Any new thoughts on GBV? Do you think that it has hit bottom, and this could be an opportune time to acquire shares at a low price?

Q: Hi Again Peter
I read your answer and one thing sticks out to me that you said
"Sometimes, veins are so profitable it doesn't matter as much"

This is what they are referring to as "vein-Type" like Sri Lanka but it is not a Vein. it is hydrothermal much like Diamonds in Breccia pipe. Reference to Sri Lanka is for the purity not the Veins.
Not sure if you were aware of this

Please only publish if you like if not please reply privately
Thanks
Don

Q: I noticed Hang Feng (HF) is trading below tangible book of over $5, with low debt (current ratio over 6 and total debt to equity of 0.05). The CEO recently made an opportunistic bid for the reamining shares at $2.20 and seems to have conspired with the customers to blackmail the shareholders into accepting the offer. That being said the shares are well below this offer price. Is this an opportunity or are there such serious doubts about the integrity of the process that its a hold or eve an outright sell at this point?

Q: Hi Peter, just read your answer to previous email. You mentioned
"now the third test. You are right, if these results can get extended over larger samples, then the prospects for ZEN will be very good."
This would be considered large sample would it not? it was the entire length 170m (one half of it)of core from hole 5 that they sampled.
Thanks
Don

Q: Hi Peter and team, any thoughts on the latest news release from Kenyatta Ventures (ZEN) I think it is great purity results. I guess tonnage comes next............Thanks

Q: Do you have an opinion on Automodular (AM-T)? It has a nice yield (8%), a low payout and last quarter was pretty good. Thanks.

Q: Further to Alex's question about BEK.B: It looks like a very thin trader. Should this be a concern?

Q: hi, looking for any comments on rusell breweries RB.v hi risk they have a contract with china distributor. payed .02$ balancesheet not that extraordinary.

Q: Hi Peter, just a follow up comment to the Becker Milk Company (BEK.B) question that was asked earlier. I am fairly certain that the bulk of the business is renting space to Mac's (owned by Alimentation Couche Tard), and that they don't operate any more Becker's convenience stores.

It might be a bit small for your coverage, but it ticks a few boxes, such as no analyst coverage, no debt, nice dividend (with special dividends now and then), and large management ownership.

With regards to the possible takeout, my initial thoughts were that Couche Tard would get sick of paying rent and buy them out. I am now thinking that it would be a decent way for a REIT to make inroads with a large potential tenant. Does that sound reasonable, or am I way off base?

Q: can you please tell me your outlook for ibi 1-3years

Q: Hi 5i Team, can you give me your comments on Versapay, VPY. i have wanted to take a position for a while and it is pulling back now. What is causing the pullback and any thoughts on good entry pt?

Q: Would appreciate your opinion on ORT. I have held this for over 2 years and I guess I'm wondering if its still worth holding.

Thank you

Q: Good Morning 5i Team....
AIF looks oversold below $8 with a +7.5% yield which according to BMO Cap. looks mostly secure. Any comment here?
Thanks Smokey

Q: Becker's (BEK.B) looks pretty thinly traded but if my stats are correct, it is selling below BV and has a pretty good ROI. As I now live in western Canada I've not been in their stores for many years, but they used to be pretty clean and looked well run. Your thoughts?

Q: what is your opinion on Allana potash. will this company ever
go into production.

Thanks
Paul

Q: Question is on CHH (centric health). What is your view on the company with the debt refinancing and the partial buyback of alaris' participation. I am considering an investment, but not sure if i would buy shares or debt.

Q: wow this thing is taking a pounding. Not sure if its trading along with the broader market (which makes no sense to me). How do you give this stock such a great rating given its model of 'big elephant' hunter? Its lost 20% of its value on the stock in 45 days ish because the elephant is hiding??