Investment Q&A

Q: Good Morning,

I hold KXS in my TFSA. My goal is to maximize growth in the account. Would you endorse a switch to one of the above names. Which would be your current two favourites in the group?

Thanks,
Janet

Q: Would you be comfortable with a full position in LMN?

Q: I have enough funds to add a half position. Which of the following options would prefer today:
1)Top up LMN to 5%
2)Start a new position in CSU
3) Start a new position in TRI
4) Start a new position in TVK
5)Divide funds between LMN and HPS.A , bringing each up to around 4.4%
Looking for growth with moderate risk. Thank you.

Q: I want to spend the next 14 months growing my TFSA to pay down my mortgage when it comes due in June 2025. I started this quest about 6 months ago with 20% of the funds, and I'm now about halfway there. I have funds in US for 6 positions, and Canadian for 3, and currently own the above stocks. I haven't yet made my TFSA contribution for 2024, so could add a position to either. Keeping in mind the remainder of my portfolio is well balanced (cash account and RRSP) and this is a 14-month growth mission, do you see anything I should sell, or can you recommend something I should buy?

Q: Hi, Any comments on Lumine Group NR about setting up a $310 mln LOC ? Good ?
May be, it demonstrates LMN Management's commitment for a more expedited growth path than its parent.

Constellation Software, if I remember correctly, set up their first Bank LOC, several years down the road after going public ( may be I'm wrong ), because Mr Leonard, for a long time, had not been a fan of debt, until the company raised the hurdle rate and made a shift towards looking for larger acquisitions.

Thank You

https://www.luminegroup.com/lumine-group-announces-completion-of-us310m-debt-facility

Q: BNS - Stock Charts on 05/28/24 as the next earnings, Yahoo Fin. has 03/01/24 as ex div. payment. The question is, if I sell on 03/02/24 will I receive the div.

LMN - I'm thinking of buying more of this stock. It appears to me that this is a good time, for it has traded sideways for the last week.
Question what is the outlook for this stock in 24/25 yrs.

PRL - Bruce Murray was on BNN Mar 19/24 and commented about Propel Holdings Inc. PRL-TSX. I checked on Yahoo Fin. and they indicated full year earnings 7 days ago beat expectations, but it doesn't appear the market was not impressed. What can you tell me about this company. Yahoo indicated some red flags.
So I would greatly appreciate your input.
Thank You very much Appreciate your service

Q: Would you invest in Lumine or Topicus in a TFSA?

Q: Assume that you've come across LMN's annual report. You have no idea the name of the company and its attachment to CSU. You area also aware of past metrics, and other numbers - the short history that it has.

Question - based on seeing these numbers, what do you see as a reasonable P/C and P/S valuation (or any other better valuation metric) for this unknown company in an assumed economic slowdown....just roughly. Thanks.

Q: I have listed a number of companies you like. Most of the companies named have done well (some very well).

Do you consider all these names a Buy at current levels? From the list what would be your 5 favorite stocks?

Thanks
Tim

Q: Sorry for asking another tech ranking but I read a question about some of your best ideas currently and I want to mesh with my current holding. Can you please rank the above stocks for purchase/hold today?
Thank you

Q: You have recommended LMN. I am thinking of investing in the company, but it’s stock price keeps declining. Are your aware of any reasons why the stock price is in a down trend. Thanks … Cal

Q: Hi, Could you please share your thoughts on the recent performance of the stock. LMN stock made a high of $38, just before release of its quarter, but its price has been drifting lower since then, closing at $33 level, within a span of less than 10 days.

The results looked solid, but apparently, there seems to be some concern among investors related to an expense of $2,871 mln (FY 2023), related to the increase in fair value of the redeemable preferred/special shares and dividend payable. LMN also intends to issue new common shares on March 25, 2024 to satisfy
(1) mandatory conversion of the large block of preferred and special shares held by CSU/Others at a predetermined ratio
(2) payment of $87 mln of dividend on these shares and number of such common shares, to be based on average trading price of LMN for 60 days prior to March 25.

My understanding is that the loss related to “Increase in FMV of preferred shares” is only a “Book Loss” and will extinguish completely, with no effect on company profitability (Existing and Future) once the preferred shares are converted to LMN’s subordinate voting shares on March 25.

Thus, the only relevant factor here should be the impending issue of new common shares (How many and the final total o/s shares), which would result in increase of the share count, possibly impacting the Net Income and CFO per share and further elevating the PE ratio.

So, is the market concern justified or it’s more of a sentiment issue, which should resolve itself with more clarity over next few quarters?

Based on your assessment, do you believe that nothing has changed to its mini CSU profile? And if so, is it a good opportunity to take advantage of this uncertainty and to add LMN shares at current level ?

Thank You

Q: Given a 3-5 year period, please list the above stocks from best to least for growth.

Very much appreciate your service.

Howard

Q: Thanks for all of the great information you provide!
I have been fortunate enough to follow your information and belief in these three companies. I'm sure I am far from alone in having them make up a relatively large percentage of my portfolio due to their recent performance.
Should these 3 be considered separately or do I need to combine them as a percentage of my assets. I'm certain bad new for one will bring down the others at least temporarily but can they act on their own?
Thanks as always
Richard

Q: Hi Folks,
I trimmed some WSP(in my TFSA) and I'm looking to add to my position in AMZN or start a new position in LMN. May I have your opinion as to which would be the best today.
Thanks

Q: Hi,
Looking to switch nvei to one of the above. Which would you choose?

Thanks

Q: These stocks have had some very nice gains over the last few months. CLS, DE, DRX, EQB, LMN, PAY, TOI, TVK. If you held a partial position in these and wanted to add to the position to create a full position, which ones would you just buy at the current market price despite big run up? Are there some that you would try to buy at a somewhat lower price? If so, what price would you use?

Q: Hi Team,

Please help me understand why the special dividend and spin out of preferreds would cause an overhang to the stock?

Also, how long would said “overhang” (implying sideways if not downward momentum) last?

Q: It's not really a question but a testimony, I bought $10,000.00 worth of CSU several years ago. When it spun out TOI, I sold some of my CSU to buy more TOI, and when they spun out LUM I sold some CSU to buy more LUM. I have also sold some CSU to consolidate profits (this was probably a mistake). I now have $88,000.00 from my $10,000.00 investment. Thank you 5i for my 1,000% investment.

Q: Hi Team,
I have a small amount of Nvei left in my portfolio. I was looking at selling the remaining shares and adding to one of the following names : LMN, Shop, Bn, or CLS would be a “new” buy. Which would you recommend buying today ? Long term share price appreciation in mind here.

Thanks ,
Shane