Investment Q&A

Q: Do think there is much credibility behind the rumour of a share buyout?
Your take on this would be appreciated. Many thanks.

Q: Since you last commented on this one mid Dec of last year it dropped about 40%. I am wondering if it is perhaps becoming more attractive. Do you believe that the real estate market will hold up over the next year?

Q: Hi 5i,
What do you expect might happen with DND following the recent events in the next year or two.
Currently held and hopeful for the future, just wondering how much time makes sense to see what comes about before considering a next move.
Thanks

Q: Hi 5i Team,

If you owned DND shares, who would you vote for at the upcoming general and special meeting, the management nominees or the dissident nominees?

Thanks for your opinion.

Q: Can I get some context surrounding the recent announcements, the stock price movement, and what all of this might mean?

Q: What caused the move in DND today ??

John C.

Q: I purchased DND back when it was in your portfolio, you have since dropped it, I still hold a small share. What is your opinion now with the two recent acquisitions and Engine Capital (approx 7% owner) not overly pleased.

Thank you

Jim

Q: Hi 5i,

Would appreciate your thoughts on DND fourth quarter results? Specifically, their progress towards debt reduction and the upside vs downside risk from the current valuation.

Thank you,

Greg C.

Q: Vancouver-based Clio a leader in legal technology.

Are you aware of a public company that would be similar to Clio to invest in?

What does a leader in legal technology actually do?

A public company in another field of technology other than legal that has potential.

Thank you.

Q: HI 5i,

Would appreciate your thoughts on the recent back and forth letters better OneMove/Engine and DND's board. Have you seem similar scenarios with other companies in the past and have they resulted in positive outcomes?

Thank you in advance,

Greg C.

Q: Looking to get rid of some of my losers.
Between DND and REAL which would you let go first?
Thank you

Q: Thoughts on latest results. Listened to the call - while not in a position to follow everything -I felt the tone was a bit dismissive to the questioners. And what are your thoughts on the debenture buy back - not seeing where they have the cash to complete that but easily might have misread the statements or perhaps a line of credit? Mainly just wondering if that points towards or away from a share issue as Engine is concerned about.

Q: Hi 5i,

Would appreciate your thoughts on DND latest earnings.

Thank you.

Greg C

Q: Hi 5i,

Would appreciate your thoughts on Engine Capital’s letter to DND in regards to their suspicions that DND intends to issue shares.

I see Engine Capital’s efforts as a positive check to DND management but I am concerned how effective they can be.

Thank you,

Greg C.

Q: Engine Capital bought into PKI and did wonders for the stock price Now they bought a 5.3% holding in DND. What do you think of the transaction? Can I hope for similiar results to PKI?

Q: Please comment on DND-T quarteral results. Thank you.

Q: hi 5i
With reference to my earlier question you mention there are better names, could you please advise a few of those names .
thx

Q: Hi 5i
How were DND earnings and how do you view the current outlook/share price....Current share holder , outlook is 1 to 2 years , does it have any legs left?

Thx

Q: I am considering starting new positions or adding to existing positions in a number of these companies. In What order would you purchase these companies, from first to last? Is there any of these companies you would not currently buy? Looking at 3 to 5 year timeline..

Apologies for number of companies!! Please deduct appropriately.

Thanks
Tim

Q: Hi 5i,

I currently hold DND and REAL, which I had purchased approx. 1year ago. My Thesis for both of these stocks is that once interest rates begin to fall both stocks both could experience positive stock movement to the upside given the current need for housing and all the pent up demand in the US/Canada.

I have read your report on dropping coverage of DND and your answers to questions on REAL. It would appear that your main concern is on their debt levels and that there are better opportunities elsewhere for an investors capital. Is that correct?

Do you have any actual concerns with the business models of both these companies itself? What are your views on the real estate market in general?

Apologize for the multiple questions. Please deduct as many credits as needed.

Thanks in advance!

Greg C.