Investment Q&A

Q: I held Intertape through the sale. I was only credited $31.39 for my shares, not the $40.50 I expected. Anyone could have sold all last week for over $40.00. Do you know if the credit is coming in two parts?
Thank you,

Q: Can you explain why ITP is trading more than $1.50 under its acquisition price of $40.50? Is there a risk that the deal won’t close?
Thanks
Dave

Q: When do you expect the takeover?

John

Q: ITP being taken over at $40.50.Proxy deposit date was May 9 with voting on May 11.Today it closed at $39.13-0.52,with the news today it was going to open an office in the UK, maybe with the blessings of the acquirer. Are there any reasons for the drop? Surprised to find such an event before meeting & voting tomorrow. Do u think that the deal will complete? Is it time to sell now instead of waiting for completion? Txs for u usual great services & views

Q: Are there any indications that 5i through your analysis is aware of (Bloomberg Terminal etc.) that the buyout may not happen in the coming days?

Thank you,

Joseph

Q: According to KPMG, the Finance Minister has telegraphed that she will not be increasing the capital gains inclusion rate in the April 7 budget. That being said, never say never. I currently hold ITP with some accrued gains. Does it make sense to sell my holdings and crystalize my gains and then buyback my shares to take advantage of the still existing arbitrage opportunity? Is this what you would do if you were in this situation? For tax purposes, if they change the inclusion rate, would it be based on the trade date or the settlement date? I understand there is no 30 day waiting period to buy the shares back, but can I buy them back the same day that I sell them, or do I need to wait until the next trading day?

Thank you.

Q: HI Peter and Staff

I own ITP in my basket of materials stocks. Trading at $1 below proposed sales price.

Assume the $9.99 * 2 is not an issue would you pull the trigger now and increase a modest position in TECK.B or wait for the sale to close?

Also assuming position in TECK.B is not overweight regardless of answer to first question would you continue to hold WFG in the basket or dump it in favour of increasing position in TECK.B?

Thanks for you you do

Dennis

Q: In an earlier question about ITP, May 2022 was mentioned as the expected closing date of the take out. I believe I read somewhere it was 3rd quarter of 2022. Do you know when the expected take out is scheduled for?

Q: Read all u recent comments on ITP .Have some in my TSFA. Closed today @$39.30,which is just $1.20 off T.O. price of $40.50,expected closing in May 2022.Thinking of selling soon to buy better potential in GOOG, AMZN(20-1 split) & BAM.A,& u possible suggestions. Please provide u opinion .Also when is the 20-1 split for GOOG. Txs for u usual great services & opinion

Q: Can you tell me when the sale will complete and when the next dividend will be paid

Q: What are the odds of a competing bid?

Q: hi guys just wondering what happens now i,ve never had shares in a company that has been purchased before THXas always

Q: didn't see this coming. why would the premium be so high? any risks here? other offers?

Q: I currently hole MMM in a dividend portfolio on the US industrial side and thinking of ITP on the Canadian materials side. Are these to companies too similar in nature to include in a diversified portfolio? Would you have another dividend grower materials related stock to consider?

Q: If you had a well balanced portfolio and were looking to add some medium to small sized companies that were involved in industrial activity of various types, how would you feel about each of these companies on a scale of 1 to 10, with a 10 being a stock you definitely want to add right now, a 1 being a stock you have absolutely no interest in, and a 5 being a stock you thought was not bad, but not good enough to want to buy it. Say you have a risk tolerance of about a 7, with 10 being high and 1 being low. Looking for long term total return. ANRG, DIR.UN, FTT, GDI, HDI, ITP, NOA, XTC.

Q: Hi group can you please comment on recent weakness in these shares and what you see going fwd in the next 3-6mths Buy sell or hold Appreciate your comments

Q: ITP reported today and disappointed with shares down about 10% right now. What are your thoughts on the results and whether ITP is worth continuing to hold or whether there are other better opportunities and what those may be.

Q: What's your view on ITP for a dividend portfolio?

Q: Could I have your comments on the latest quarter. Appears to be a good quarter. Tnx

Q: Do you have a preference between ITP and TCL for a long term investment? It is likely for a registered account. Thanks