Investment Q&A

Q: It appears that the sale of People to Goldman Sachs was approved and finalized as of Feb 18, 2021. The shares have disappeared from my account now but no money has been put in. When should we expect to get the money?

Appreciate your insight.

Paul F.

Q: Hi, holding these two stocks currently waiting for the deals to close with their acquisitions. Do you see any compelling names right now to buy (CAD or US) instead of waiting for these transactions to close or should I just wait? Just thinking about the opportunity cost of waiting. With the proceeds, I would be able to top up on some existing positions (DOL,NVEI,FB,AMZN,REAL) that are under 1% OR buy two new positions that you think are good entry points and compelling for long term growth. Thoughts? Thanks!

Q: Hi, I currently hold PEO in my TD WebBroker TFSA. If I do nothing at all, will the stock automatically be sold and cash put in my account?

Thank you!

Q: I have a well balanced portfolio, intentionally tech heavy. Recently I added 1/2% each of Cars, Hero, Cybr and Edge etfs. What do you think about selling my PEO and using it to bring my Evolve holdings up to 1% each?

Q: Hi,

Question from Penny on January 4th about the buyout. You said we need to advice our broker that we want to tender to the offer. This is also my first time holding a company that has been bought out.

Just to make it clear, when doing this the shares will be tendered at 15.22$ (purchase price from Goldman) or at market price of the day?

thank you

Q: What is the process for the buyout of PEO? As a shareholder, what should I do?

Q: Hello,

With PEO having been taken out, could you please recommend a company(-ies) with similar characteristics (i.e. small cap, steady, great management, potential for a takeover etc)?

Thank you

Q: I am selling this stock in January from my margin account ( 40% leveraged). After the sale I intend to put the cash in my TFSA. My question is: will this have any consequence with the CRA in regards to investment expense with my margin account afterwards?
Thank you for the great advice over the years!

Q: Is there any news for SHOP big price increase on Wednesday ? GSY increase 10% in 2 days . Is it an effect from triple witching due on Friday ? When would PEO acquisition completed ? I am thinking to avoid the possible tax increase in capital gain . Is it a good idea just to sell it now? I greatly appreciate the excellent service at 5i. Happy Holiday.

Q: This company was first brought to my attention by an employee of People Corp, stock was .44 when I first looked, pretty sure I asked the first question ever in this forumn. I watched it for a while, bought in as business and liquiditiy improved, adding to my holdings a few times as I felt more comfortable. Didnt take too long and more than once it ran to a 10% position in my portfolio, so I trimmed it back. Yesterday I sold all my shares for a very nice gain. My point, how you manage your positions is just as , perhaps more important as finding good stocks to buy. Thanks for that!

Q: Very good selection of People!!! With the acquisition more than likely to happen, what new position options are you considering for the Growth Portfolio? I know it is early to ask this but me, keen to move on to the next good thing!.....Tom

Q: Nice to see the acquisition news of PEO. What do you think is best to do now with my current shares? Should I sell now and buy/top up another industrial or wait until Q1 2021 for the deal to close(if any benefit)? What would be your top 3 industrials in your model portfolios to add to? Currently holding WSP, XBC, ATA, SIS, GDI, and AC. Thanks!

Q: Hi 5i Research team,
Could you comment on Goldman Sachs Merchant Banking take-over offer published this morning? What would be your guesstimate probability of a competing higher offer? Probably low since (1) : Goldman has access to large ressources, so acquirer competitors must know they would probably be at a disadvantage in a competing bid; and (2) this transaction is the result of a review of strategic alternatives for PEO. Isn’t such process (review of strategic alternatives) be a mandatory divulgation by compagnies since it can have a material impact? At what price would you sel at this time in a margin account? Thank you for your collaboration, Eric

Q: Can you get into a bit more detail on their latest earnings? I feel the stock is getting down to a more interesting entry level...thanks!

Q: Any comment on People’s three acquisitions, and your outlook on the company going forward?

Q: Hi, I'm currently holding a few of these positions in our TFSA's along with SHOP, LSPD, WELL, etc... I'm trying to determine if these four stocks fit best in a TFSA or other accounts? I try to put the highest growth stocks into our TFSA's. Would you swap any of these names out with some of the other high growth stocks you like and put these into an RSP, LIRA or non registered account? Thanks!

Q: Would you still put People Corp into the long term buy and forget category, and fo you think they will ever initiate a dividend, thanks alot?

Q: What are your thoughts on PEO?

Q: I earlier asked about when/if you thought HEO could possibly move to the TSX, it got me wondering about two other stocks I own - STC and PEO. Both of these stocks seemingly are big enough no?

At what point to companies decide to list on the TSX from the venture usually? Is it a market cap thing? Thanks in advance.

Q: Over the last 10-20 years, I have found that I have done the best buying and holding several smallish, but established companies that seem to have good long term growth prospects. Have made very large gains by holding stocks like CSU, BYD, PBH, WSP and GSY for 5, 10 or more years. I am trying to identify which smallish but established companies might be the best candidates to produce some very significant gains over the next 10+ years. Would you please rank the following in order according to which you think are the most likely to generate some very significant gains over that time frame. I hold the majority of these, but not in large positions, and there are a few I do not currently hold. Also, if you have another 2 or 3 companies that you think would fit this strategy, could you indicate which ones and where they would rank in the list. I'm not worried about sector, as my portfolio is well diversified, and I am tolerant of risk. Take how ever many credits you feel this question is worth. Thank you.
ABT, DOO, ECN, ENGH, GDI, GOOS, LSPD, PEO, REAL, SIS, TCS