Investment Q&A

Q: Good Morning Peter and Team,
I have been taking a look at Macro Enterprises (MCR- TSXV). Upon reading the most recent Ink Insider report I noticed that one of the two founders (Mark Dodge) has recently been selling down his stake in the company. However the other founder (Frank Miles) still owns about 30% of the outstanding shares. Being a value oriented investor (However I am slowly coming around to your philosophy) I believe that MCR looks cheap with compelling long term prospects to boot. The recent insider selling may explain some of the recent weakness in the share price. What is your opinion of this company ??? Thank you for your help. DL

Q: I purchased MCR at $6.30 in November and it's been falling a fair amount since. I did purchase more, but it's still falling. I'm wondering if I should get out or just be patient. Please give me your comments on this stock. Thanks!

Q: Could you please comment on the management, debt levels and risk of both E and MCR. I believe they are similar in there business activities. Thank you.

Q: Do you still recommend Macro...MCR? It has been dropping steadily for the past few months but I don't see any bad news...so am hoping it's just profit-taking after the nice run in 2013.

Q: Hello 5i , when are MCR next earning coming out?

Q: You mentioned that Macro Enterprises (MCR) "seems well managed". Are you able to provide a further view on the quality of management, and have you met with any of the principals. In the end they will be key to the success (or otherwise) of the company.
Many thanks. Great service.

Q: ok guys, you keep recommending macro, you say it is risky which I get, but it just keeps going down.i own 10000 shares, do I abandon it or hang on, more importantly my question is what will drive this stock higher. dave

Q: Love your service and have renewed for 2 more years. I am watching MCR and wondering why the substantial drop in the last week?
Also watching CGX and is this a good time to buy in after its drop? Thanks.

Q: Happy New Year ! I'm looking to invest in my TFSA but having a hard time narrowing it down to 2 or 3 stocks. My list of possibilities are DSG, EFN, DHX, MCR, RFC, CFN, DND and ANY. Thank you for your guidance.

Q: Regarding MCR: What's managements explanation of the growth in Trade Receivables and Deferred revenue since 2011? Looks like a great growth story, but some earnings have been invested in higher current asset balances. Is it due to changes in customer base /contract terms?

Q: MCR and E (Macro Enterprises and Enterprise Group). After sharp increases in share price both of these stocks have flattened out and are trading within narrow ranges. Would you interpret this to be a good time to buy these stocks? i.e. in anticipation of another significant leg up?

Thanks. And the best of the Christmas season all of the Fab 5i Team!

Q: Hi Peter and Team
Bought MCR at $7. Now down to $6.65. Do you think it is a buy, sell or hold at this time.

Represents a very small part of my portfolio.

Many thanks.

Q: What's your take on MCR's latest quarterly report?

Q: I believe you recommended Macro Enterprises (mcr) the other day. Am I correct. Do you like it? Thanks as always

Q: Hi Peter and team,

I've just sold half of my PLB (I was way overweight after the buyout offer was made). I'm happy I held it until now, thanks for the great advice to hold.

I've bought some great names, but am still looking for a couple small, high growth companies that I can comfortably hold for 5 or so years. This would be as part of the more speculative portion of my portfolio (~10%).

I see that a couple of questions on WAN have been asked, but you're careful to say that you're not recommending it to a broad audience. Is that only because of its size? From what I see it looks like a perfect candidate: high growth, great margins, high recurring revenue, no debt, cheap, strong management... the list goes on. Do you agree?

Are there any other names that you can think of off the top of your head that would fit in this niche of my portfolio?

Q: As MCR has fallen out of bed in the last month and I read the previous comment. It has a PE ratio of about 7.6 but can you calculate the PEG.

Thank you

Q: Please comment on the 7% drop of MCR today.
Thanks, appreciate your good work.

Q: How did Macro Enterprises-MCR.V grow (900%+) so fast in one year? Aquistions? Extraodinary contracts?

Q: re. Petrowest (PRW-T)

What is your opinion of Petrowest (PRW-T) at this time? I hold a similar co. in my sm. cap portfolio, Macro Enterprises (MCR-V). Which co. would you prefer?

Thanks for your efforts on my behalf.

Q: Hi Peter and worldly team;
I am interested in growth stocks. I have E, XDC, LSI, MCR, and RFC on the short list. Can you please give your opinion? I intend to buy small positions in two of the stocks.