Investment Q&A

Q: WSP Global
In the news today: WSP Global is acquiring Focus, a Canadian engineering & geomatics company. WSP is also doing a bought deal of commons (~$180 million value) - shares offered at $33.75. The offering closed very quickly. I missed it.

What do you think of this acquisition? Do you think their intent is to grow by acquisition? I would like to see solid evidence of organic growth as well. Their earnings, also out today, were okay.

Do you think the price will drop to $33.75 (or a bit lower) with the stock issuance? I would like to add to my position (got in at $30.51).

Any plans by I to do a WSP report?

I'm really enjoying my 5i membership - your dedication to responding to questions is awesome!

Thanks,
Heather

Q: Hello Peter and company!
I am a recent member and am reviewing my holdings against your portfolio. I have done quite well with WSP Global (formerly Genivar)and I was wondering if you could compare it and Stantec. Thanks you, great site and much appreciated!

Q: Peter and staff
With (wsp)recent run up in price , would you still consider it a buy here? Or do you think (stn) a better buy ?Thanks
Cal