Q: Assuming that this is a done deal for PBH to acquire CLR, what is the prospect of PBH going forward? Would you recommend a PBH buy at this level? Thanks.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi 5i Research team,
How confident are you that the deal to acquire CLR will close (Mi’kmaq and PBH have already the financing in place)? I know it is higher than zero, but what is the probability of a higher deal by another group of buyer (probably very very low with the constraints of Canadian ownership of quotas)? As the deal is expected to close in the first half of 2021: at what price would you be an immediate seller in a margin account?
Thank you for your collaboration, Eric
How confident are you that the deal to acquire CLR will close (Mi’kmaq and PBH have already the financing in place)? I know it is higher than zero, but what is the probability of a higher deal by another group of buyer (probably very very low with the constraints of Canadian ownership of quotas)? As the deal is expected to close in the first half of 2021: at what price would you be an immediate seller in a margin account?
Thank you for your collaboration, Eric
- Premium Brands Holdings Corporation (PBH)
- High Liner Foods Incorporated (HLF)
- Clearwater Seafoods Incorporated (CLR)
Q: Clearwater Seafoods recently issued a press release indicating that they were evaluating strategic alternatives, among which I believe could be the sale and privatization of the company. In the event that CLR is sold and goes private, what suggestions would you have in the consumer staples sector to replace this investment?
Q: Hello 5i team,
Following PBH recent buy of ALLSEAS FISHERIES, do you think it increases or decreases the probability of PBH buying CLR? CLR could now be a good fit to increase vertical integration of their increasing seafood business. CLR maximisation of shareholder’s value process seems to be stretching over a long period. Do you see it as a bad sign, or simply a sign of a complicated process due to rules on Canadian ownership of quotas? What is your guess probability that CLR is ending up being bought? Is a combination with High Liner a good/natural fit? Which Canadian companies do you perceive as potential buyers?
Thank you for your collaboration, Eric
Following PBH recent buy of ALLSEAS FISHERIES, do you think it increases or decreases the probability of PBH buying CLR? CLR could now be a good fit to increase vertical integration of their increasing seafood business. CLR maximisation of shareholder’s value process seems to be stretching over a long period. Do you see it as a bad sign, or simply a sign of a complicated process due to rules on Canadian ownership of quotas? What is your guess probability that CLR is ending up being bought? Is a combination with High Liner a good/natural fit? Which Canadian companies do you perceive as potential buyers?
Thank you for your collaboration, Eric
Q: Further to my question yesterday, Clearwater announced today that it has received expressions of interest to buy the company. There is big insider ownership and the largest shareholders may want to take the company private.
Q: They issued year end numbers today that looked like they may have turned the corner. Please comment on the results. Thanks.
Q: What is your analysis of these 2 companies. Are they buy-able for the next 1-2 years and which one would you prefer or would you pass on them.
Thanks Gary
Thanks Gary
- Quarterhill Inc. (QTRH)
- Clearwater Seafoods Incorporated (CLR)
- Grande West Transportation Group Inc. (BUS)
- LXRandCo Inc. Class B Shares (LXR)
Q: Each of these Canadian companies is in the dumpster. How would you rank them as a buy with fresh money for a reasonable chance of recovery and why ?
Many thanks
Barry
Many thanks
Barry
Q: Down 50% on a small position in Clearwater.. Normally as a long term investor I stay the course. Wondering if this stock should be sold instead. Is there likely to be a better future for this company going forward in your view ? Or do the risks outweigh that possibility.
Q: Hi 5i,
Any insight to the recent rise in CLR shares.
Thanks Dave
Any insight to the recent rise in CLR shares.
Thanks Dave
Q: For the first few months of ownership I was making a few clams with this company but now I’ve been underwater so long I’m running out of air. Does current valuation suggest I might want to refill the tanks or should I just swim away.
It dropped substantially last year when the government announced it would grant a licence for 25 per cent of the total allowable catch of Arctic surf clam (taking away CLR’s monopoly). It seems to be falling today on the same news, except that the winner of that 25% allowance has now been identified. Is it an over-reaction?
It dropped substantially last year when the government announced it would grant a licence for 25 per cent of the total allowable catch of Arctic surf clam (taking away CLR’s monopoly). It seems to be falling today on the same news, except that the winner of that 25% allowance has now been identified. Is it an over-reaction?
Q: Thank you for the response yesterday to CCL.B. I wish I had placed the order immediately before today's run-up.
CLR has been beaten up significantly. It pays a decent dividend - what are your thoughts on entering into a small position in this at this time? Or would this fall into the catching a falling knife category?
thanks
CLR has been beaten up significantly. It pays a decent dividend - what are your thoughts on entering into a small position in this at this time? Or would this fall into the catching a falling knife category?
thanks
- Ceapro Inc. (CZO)
- Liminal BioSciences Inc. (LMNL)
- Knight Therapeutics Inc. (GUD)
- Clearwater Seafoods Incorporated (CLR)
- NeuLion Inc. (NLN)
- BSM Technologies Inc. (GPS)
Q: I have been watching CZO CLR GUD NLN PLI and GPS for some time and I am considering buying into some of these Companies at these current low prices. I have 2 questions. a) Are the fundamentals sound?? and b) How would you rank them for mid term growth. Thanks for your considered opinion
Q: How would you assess the likelihood of a ‘take private’ of CLR? Thanks.
Q: Your thoughts on CLR and HLF as they settle down after not so good results. Also, when is the period of greatest tax loss selling and how much would you let it influence buying and selling opportunities particularly in TFSA and RRSP accounts?
Q: Please comment on HLF results. Thanks
Q: Can you comment on Clearwater's results, the stock is down significantly today.
Thanks
Thanks
Q: Please provide the following information on CLR:1)reporting date of next Q earnings 2)Insider ownership,both direct & indirect,3) any recent insider buying 4)short interest & 5)book value(recently you stated that it is trading below book value).Thanks for u usual great services & views
Q: could I have your assessment of czo and clr
Q: I have a loss on Clr,is it time to sell before tax loss selling to minimize damage?