Investment Q&A

Q: In a recent comment on SAP the Debt was characterized as “pretty high” and a “concern”. Could you please quantify? The Net Debt / EBITDA looks to be around 2.0x which could be viewed as quite normal or even “good”. Perhaps the fact that the company has failed to grow despite carrying some Debt is the issue?

Q: Hi Group looking for some direction on following stocks. Looking for growth along with some dividend return. \plse give me a couple (5) of your suggestions that fit the guidelines lastly please rate them all 10 being best

Q: A recent new guest to BNN’s Market Call made Saputo a top pick. He seemed to have quite a breadth of knowledge on the company and made (to me) a compelling case for Saputo having the potential to do well from its current valuation and that there was too much pessimism on the company and seemed to see a viable path to recovery in areas that have been lagging since the pandemic and a return to previous margins that could support multiple expansion. It seemed a bit contrarian based on momentum and other factors possibly at play right now with respect to tariffs etc., and also interesting as a top pick he will be faced with defending in a years time. Any thoughts since the last question a few months ago (I think you didn't like the momentum but found it was getting “interesting”)?

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: Looking for your views on this company. There have been periods of outperformance offset by periods of weakness over the past 10 years. Wondering if you think it might be ready to get back on track.
I am looking for companies like MFC where the negativity surrounding them fades away offering the opportunity for a rerate higher; any suggestions you might have for CDN companies in this position would be appreciated.

Q: On July 12 in response to a question regarding Co. it was stated EPS consensus calls for at least a 25% increase and that PE of 17 is still below 10 yr. average. With a substantial move lower, which I assume is on no news, can these shares be bought? Also, can you confirm the move down is on no news please? Is the move down possibly due to a move away from defensive staples? Thank you.

Q: SAP has had a nice run since mid April. What has been the reason for it? where is the growth coming from and can it continue?
Thanks for your great advice.
Ian

Q: Please sort the list if you were assigned a task of bottom fishing.
Firstly sort them (best to worst) in terms of growth perspective for next 3-5 years.
Secondly sort them from fundamentals/safety perspectives.
Ignore diversification.
Also feel free to add your own favorite bottomed pick.

Q: Needing to sell either SAP or PLC (both down). Which one better to keep and why?

Q: please comment on Saputo latest earning report. Many analysts see recovery to fiscal 2025. What is your view on the company? buy, hold or sell? Thank you

Q: Hi, I want to build a position in the new lumine for long term growth but for that I will have to sell other positions to raise capital, what would you sell between lightspeed, spin masters, saputo or haivision ? Thanks

Q: Hello 5 iteam,

Rogers Sugar was a good pick for us, may be the timing was right. Now, It is time for us to trade it for another company that have a bit more growth. Your thought on swapping this name for Maple Leaf Foods /Tyson Foods or Calmaine/ Saputo.

Q: Further to your answer today to my question, given the valuation, do you think SAP is a sell?

Thanks,

Q: What do you think of the recent short attack on the company? Any merits in the report?

Thanks,

Liping

Q: Hi Guys
Can you explain why LTM Free cash flow shows Cash from Operations @ 551 million less Capital Expenditures 335.2 million equaling free cash flow of positive 216 million.
Why wouldn't it be : Cash from Op 551 million Less Cash from Investing -296.9 million, less cash from financing - 270.8 million for a negative free cash flow of about -15.8 million ?
Thanks Gord

Q: Would you endorse a switch from saputo to converge tech for future growth?

Appreciate your insight.

Q: What’s your outlook for SAP and is it good candidate for a defensive hold over the summer months.Maybe any other suggestions in the space…
Thanks.

Q: Of the above mentioned stocks, would you please list in order of first to last which would you recommend today. Also a brief explanation as to why you chose the first and the last. Thanks … Cal

Q: Morning Team,
I am considering selling SAP for tax loss, but would like to stay in the sector, what would you suggest to a replacement ? I have L holding already.
Thank you as always,
Happy Holiday,
Tak

Q: Hi Peter, Ryan, and Team,

In reviewing our combined family TFSA portfolio, I’ve determined that we hold too much XST with its 0.61% MER. How would you rank the following stocks, which are all the constituents of XST? ATD.B, L, MRU, WN, SAP, EMP.A, PBH, PRMW, MFI, NWC, JWEL, VFF, and SOY.

Should I pay attention to the TMX ratings where WN, MFI, and VFF are considered strong buys? Only NWC was ranked as hold and all the others were moderate buys.

In your opinion, in what order could two or three of these constituents be purchased and are they buyable today?

Thanks as always for your valued advice!