Q: Hi, Peter: Do you have any thoughts on Enercare (ECI) after their announcement yesterday of the issue of Senior Notes? Thanks, Dale
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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: Enercare Inc ECI or Extendicare Inc EXE which of the 2 would recommend if at all. For long term for income and safety.
Thanks
Yossi
Thanks
Yossi
Q: Good morning,is ECI a buy here (~$8.00) or wait and hold?
Thanks Larry
Thanks Larry
Q: what is your thoughts on enercare performance.
Q: Hi Peter. I hold both ECI and BTB.un and both for income but hopeful for growth...
ECI recently closed $250 mil at 4.3% and this makes sense to me but the share price has weaken.
BTB.un has issues $20 mill of units which will offer a current rate of 9% . This seems like expensive financing. Am I missing something?
I feel like I should exit BTB.un and buy more ECI or like companies.
Appreciate your advices
John
ECI recently closed $250 mil at 4.3% and this makes sense to me but the share price has weaken.
BTB.un has issues $20 mill of units which will offer a current rate of 9% . This seems like expensive financing. Am I missing something?
I feel like I should exit BTB.un and buy more ECI or like companies.
Appreciate your advices
John
Q: ECI is getting punished even though their last quarterly results were quite good. Would you buy more here or at some point when the rote is over??
Q: I notice on your recent report on ECI you state that Octavian is still a major shareholder but INK shows they have a zero accout balance. Am I reading this wrong.
Q: ECI Enercare I picked up some of this in the Octavian selling scare. ECI just came out with their results and the market seemed to like them. What did you think?
Q: Where did you find out that Octavian is liquidating its position in Enercare? It recently issued a press release that said the rumours are wrong and that it is continuing to hold and has no intention of selling.
Q: Could I please get your comments on Enercare (ECI). What do you think of this company and its stock? Thanks.
Q: Hello Peter.
Octavian has just announced that it will be liquidating their position. I'm interested in how this will affect Enercare Inc (ECI) and would appreciate your thoughts.
Octavian has just announced that it will be liquidating their position. I'm interested in how this will affect Enercare Inc (ECI) and would appreciate your thoughts.
Q: ECI is looking cheaper lately. What are your latest thoughts? Buy or hold?
Q: Dear Peter:
Thanks so much for your good work. Do you have an opinion on Parkland fuel (PKL) and Gibson Energy(GEI). I presently own these two and am considering adding to my position. Also what are feelings on Enercare (ECI)which I also bought at 8.98?
All the best
brian clarke
Thanks so much for your good work. Do you have an opinion on Parkland fuel (PKL) and Gibson Energy(GEI). I presently own these two and am considering adding to my position. Also what are feelings on Enercare (ECI)which I also bought at 8.98?
All the best
brian clarke
Q: Have you any suggestions regarding Enercare. I read the recent news & note the drop in share price, am interested in adding to my position. What percentage of it's net income are currently paid out & should this continue?
Q: Any thoughts on Notice of Action against ECI..is sell-off on news a buying opprtunity or is it too early to say at this point? Thanks.
Q: EnerCare (ECI, $8.83, 2-SP, $9.50 target) – Customer attrition could heat up in second half of 2012
 EnerCare announced that it was served with a Notice of Action from a competitor claiming damages resulting from
EnerCare engaging in unlawful surveillance activities. As a result of the allegations, EnerCare will temporarily
suspend its program to combat attrition, while it conducts an investigation of the allegations.
 Attrition spike could be higher than expected in 2H/12. We had previously expected a spike in 2H/12 attrition
stemming from further customer pushback as EnerCare attempts to increase New Contract penetration, without making
the customer terms more favourable (lower termination/buyout clauses). Our current attrition estimates call for 21k in
Q2/12 and 45k for 2H/12, and believe they could be biased
higher.
 Given that the company's multiple trades closely with attrition,
we believe that a sizeable increase in attrition could lead to a
pronounced multiple compression. If we apply a 5.5x
Daily News Alerts
EV/EBITDA multiple on the Legacy segment (same multiple from Q3/09 to Q2/10 when ECI experienced an increase in
attrition driven from D2D competition) and 14x EV/EBITDA on the company's high-growth sub-metering division, we
would get a target price of ~$8.00. any thoughts
 EnerCare announced that it was served with a Notice of Action from a competitor claiming damages resulting from
EnerCare engaging in unlawful surveillance activities. As a result of the allegations, EnerCare will temporarily
suspend its program to combat attrition, while it conducts an investigation of the allegations.
 Attrition spike could be higher than expected in 2H/12. We had previously expected a spike in 2H/12 attrition
stemming from further customer pushback as EnerCare attempts to increase New Contract penetration, without making
the customer terms more favourable (lower termination/buyout clauses). Our current attrition estimates call for 21k in
Q2/12 and 45k for 2H/12, and believe they could be biased
higher.
 Given that the company's multiple trades closely with attrition,
we believe that a sizeable increase in attrition could lead to a
pronounced multiple compression. If we apply a 5.5x
Daily News Alerts
EV/EBITDA multiple on the Legacy segment (same multiple from Q3/09 to Q2/10 when ECI experienced an increase in
attrition driven from D2D competition) and 14x EV/EBITDA on the company's high-growth sub-metering division, we
would get a target price of ~$8.00. any thoughts
Q: Interested in your view on CHW and ECI as both appear fairly stable and have nice dividends. Thanks.
Q: What are your latest thoughts on ECI and 1st quarter results this week. Pulled back today(-4.45%). I am considering accumulating more shares at these levels.
Thanks Larry
Thanks Larry
Q: I have a question about A&W Royalties Income Fund Peter,I believe the dividend is not eligable for canadian div. tax credit. Is that correect? Same for Enercare and Boston Pizza Would it be possible on the reports that we get to say if they are eligible or not. It would sure help me, Thanks Ken