Investment Q&A

Q: What do you think of the Q2 results released Feb. 12. The dividend was increase 5%.
Would you continue to hold? Could a case be made to buy?

Q: OK so now we have "buy Canadian, bye American" trend. So I suppose Canadian companies could actually see a bump in sales. Are there any companies you can think of where this could move the needle in a meaningful way? Not sure how sustainable though?

Q: The last 3 Q's it has shown good growth through its acquisitions in the RTD market. The price has not responded to what I see as the potential growth turn around and you have provided some support for this thesis in previous questions. It reports February 12 and I am wondering if the Q is good would you continue to wait for a turnaround in the price or would you move on? How long would you wait? It is at a long term low price, feel it can't go any lower, but while waiting I have missed on stocks like CLS.

Q: Peter and His Wonder Team
Here are 2 losers that I bought in better times. I have decided to sell one. Not sure which would be better for a long term hold. Personally I prefer wine over beer except on a hot day...you can see my dilemma! Ha!Ha! Joking aside ...from a business perspective do I keep the wine or beer! Ha!Ha! Thanks...your research and analysis is well worth the annual dues!

Q: I did not intend to make my previous question private. You can make it public. As you have said, growth has been acquisition driven, do you think there are opportunities for this company to continue to grow by acquisition?

Q: Hello,

Can I please get your opinion of Corby Spirit and Wine after last week's drop in share price. Thanks

Dave

Q: Can you comment on its most recent Q please. Also, Ace Beverage has acquired Nude RTD beverage. There has also been some recent change to the board. Seems like much activity has been going on with this company relatively speaking. Can you comment on whether you see the recent Q, additional RTD acquisition of Nude has potential to
generate some growth or do you continue to view it as an income stock. Would you buy, sell or hold the stock. If sell what would you buy instead?

Q: Can you comment on the company's most recent Q results. It seems the Ace Beverage acquisition is providing a good catalyst for top and bottom line growth but the stock price didn't seem to respond to this. I have held this patiently for several years and am wondering if more patience is warranted or if there is a better alternate you would suggest.

Q: In my TFSA I have full positions in ENB, T, TCL.A, and AQN. Objective is primarily steady income and some growth. I am looking to add FIE, SPB and CSW.A. What do you think?

Q: Peter and His Wonder Team
I have been following this stock for some time...The dividend is over 6% which could be a red flag. I am also wondering about it's valuation. What are your thoughts going forward long term. Do you think at this price it is a buying opportunity ...if not, all factors considered what would be a safer price range? Thanks as usual!

Q: I have held this stock for low volatility, a little growth and a steady income. However its performance in the last 12 months has been dreadful. Is is just poorly managed or is there some other fundamental problem with the company?
Do you think there is much of a possibility it could be bought out by its major shareholder?

Q: Good morning.

I am down 35% on CSW.A with an effective yield of 4.4% on the purchase price. It is my cash account.

Is there really any point in continuing to hold this one? From reading answers to previous questions it does not appear there is any significant growth potential.

I think it would be best to take the capital loss and buy a BNS, BCE or ENB. Even with the loss I would make more income.

Your thoughts please.

Thanks.

Q: hi, can I get your current thoughts on CSW.A at this time. do you suspect it could start to move up in price with small caps soon? or are people not drinking their "spirits" so much anymore ( large capital depreciation over time ). do you have any other suggestions in the consumer defensive sector (cdn or us) with a good sized dividend and a better growth profile? cheers, chris

Q: hi,
can I get your latest financial analysis of Corby please. is there any growth? is the balance sheet fine? is the dividend sustainable?payout ratio? I have held for a long time, and capital keeps going down, and dividend up to worrisome levels. can you rank as buy, sell, hold.

Q: Is this stock is investable at this time after its decline has reversed in few months? Thanks.

Q: Thoughts on Corby's acquisition and with the downward trajectory the past year, is sub $14 looking like a good risk/reward?

Q: Corby now ranks among the top 10 undervalued stocks in the Consumer Defensive sector and is trading near its 52-week low. It recently reported decent second quarter results, pays a nice dividend and carries no debt. Do you agree this is a good entry point for a small position, long-term hold in my RRIF? I am otherwise well diversified and have good liquidity.

Q: Good morning,

With all the talk and policy direction to reduce alcohol consumption can Corbies continue to be a good income investment?
The dividend was recently reduced and the share price is down significantly. Beer, liquor and wine sales are also down.

Is it time to move on?

Thanks

Q: Hi 5i,
Which of these two dividend payers do you like the best in the current environment. Also would you consider buying both?

Q: Hi 5i
I'm doing some portfolio clean up based on the assumption that the next 12 to 18 months are going to bring economic doldrums as the economy reacts to interest rate increases which, I think, take a while to filter down to where they effect corporate profits generally and, possibly, to where manufacturing and construction falls off enough to directly affect these names.
I'm thinking about selling DXT, CSW, WJX, LIF, and MREL (all at modest losses but in a registered account so no tax benefit) on the premise that they will not do so well over the next year and will take quite some time thereafter to recover such that there is a significant opportunity cost to holding them. (I was happy enough to hold them for their respective dividends/growth in the before times, but not so much now when growth seems unlikely.)
Could you give me your thoughts on my thesis in general and on how I've applied it to these names - is it sensible to sell them now at quite small losses given what is likely coming for them over the next year or so, when compared to what might be made of the money they are presently tying up if I handle it right.
Thanks!
Peter