Q: Kindly comment of the NVEI Q3 results and forward guidance.
As well the "funny trading" pattern of being seen too often - a big jump in SP the day before release and then a sell off on the day of actual release. Could it be such information is leaked before hand? Or it's a case of too many shrewd investors these days know when to "buy on rumor and sell on news".
Q: Dear 5i
Is the drop in UPST justified ? Is it an ideal time to snap up some shares and is the growth story still intact ?
Appreciate your insight .
Thanks
Bill C
Q: Hello Peter,
I am assuming no credits will be taken off as this is a clarification on the answer.
Asked by Robert on November 09, 2021
5I RESEARCH ANSWER:
NVEI saw revenue increase 96% to $183.9 mln and EPS of $0.19. Analysts expected revenue of $178.9 ln and EPS of $0.39, so markets are likely a little unhappy with the EPS number here. Full year revenue view for NVEI was $717 mln to $723 mln, ahead of expectations of $703 mln. At a high level, we don't think results look too bad here. Total volume were up 88% and ecommerce was 83% of that total volume. Cash was at $288.7 mln as of Sep 30. Shares are down a bit today but they are up roughly 40% prior to the release and trade at a higher valuation, so some volatility would not be out of the ordinary.
Asked by Greg on November 09, 2021
5I RESEARCH ANSWER:
EPS of 42 cents beat estimates of 35 cents; sales of $184M beat estimates of $179M. Year sales guidance was raised to $717M to $723M, from $703M estimates. Revenue rose 96%. EBITDA rose 97%. Income more than doubled. Cash is $288M. The call has not yet started but these numbers look solid. The stock is up 1% pre-market.
The earlier answer provide net income per diluted share and the latter was adjusted. I am slightly confused. What is the actual answer ?
Are the estimates normally on diluted share or adjusted share as other answers you provided showed a beat on top and bottom line. Please clarify. Thanks very much.
Q: Please provide comments on PLTR quarterly results. Would you consider purchasing a 1/4 position if you only have a 1/2 position right now and you holding period is >5years?
Q: I have two smaller positions (about 1% each) in Gildan and Manulife, and I am considering consolidating them into a position in Apple (would be roughly 2.3% of total portfolio). I believe I still have room to add to my technology weighting, as I am around 12% currently, and I still have decent exposure to both consumer discretionary (roughly 10%) and financials (roughly 19%). Would such a switch be reasonable, or do you feel a more compelling argument could be made for consolidating around either GIL or MFC?
Q: Hi 5i
1. What is your opinion on PYPL earnings and future?
Does this company hold any/much interest to you..why/why not?
With the current drop in share price what would be decent entry point? Would you add to existing position,hold or exit?
2. With reference to a previous question on NUVEI, what would you consider good entry point for this stock given current price drop.
Q: I was looking into crypto and was considering 65% ETHX.B and 35% BTCQ over buying ETC which is 70/30 Bitcoin/ Eth.
Wondering your thoughts as this would be a five year hold and a 5% position. I would also look at an Alt Coin ETF are you aware of any in Canada or USA?
Q: Hi 5i, Thank you for your balanced answers.
Can you give your opinion on Ree Automotive Holding Inc, listed as REE on Nasdaq. I have some stock and they are currently 50% negative. Can you advise, if i should continue to hold.
Could I please get your current thoughts on Roblox at this time?
Has it settled enough to enter a position?
What's your conviction level on this name?
Reporting after market and call tomorrow.