Investment Q&A

Q: Can you please explain why the issuance of convertible senior notes has resulted in such a large drop in share price. Thanks

Q: Did otex pay 210% of its profit as dividends last year? Is there growth projected this year? If already owned, would you hold or sell?

Q: Wondering your opinion on engh’s results. If owned, would you hold or sell?

Q: Hi, your thoughts on their earnings please. They looked decent to me but the stock is selling off? Thanks.

Q: I am going to sell my Flutter shares for tax reasons and either repurchase them or buy another gaming stock. Can you provide me a list of your current favourite gaming stocks to choose from. I have a long time frame. I haven't traded OTC shares before and I believe you have advised just hitting the bids.

Q: Hi Peter...I bought the warrants in January and sold them last week for a 100% gain and I bought MG with the proceeds. The NGA warrants are still below what I sold them for. Do you think it worth chancing a rebuy? If the warrants are basically a coin toss...ie a 50% chance of either going up or down... then in all probability the chances of making another profit are more remote the 2nd time around. In reality all short term stock purchases are in essence a coin toss even though day traders may take issue with this comment. The probabilities of success are better with a good company over a long term holding. The account is not registered so capital gains taxes will be required. Any thoughts you have would be appreciated.
Jim

Q: Hi, I am a holder and have had the recent pleasure of walking through the Sangoma Proxy materials and have read more about the deal with StarBlue and I'm wondering your thoughts of the transaction, specifically around the details that the StarBlue CEO will be THE major holder of Sangoma (25%). I understand that Sangoma is using their much better capital position to expand and magically double their revenue and garner much more SaaS ARR, however, it feels like the StarBlue organization was far less diligent in their balance sheet management and overall operations. Do you feel the Sangoma management will actually be able to exert their clearly quite strong operational 'chops' on StarBlue? It sort of feels like a reverse buy; As in, StarBlue convinced Sangoma to 'buy' them and thus give them capital, but the actual ownership is with StarBlue.

Q: I need to raise only a small amount of money to allow a RRIF payment. I have listed a few stocks from which to pick and am seeking guidance on what you might think is the best at this particular time. This is without consideration to sector or balance and only about how to avoid selling one that's prospects are good and hanging on to those which are not quite as good.
John

Q: I would appreciate your comments of the latest acquisition, Vend.
“Vend generated revenue of approximately $34 million and GTV3 of more than $7 billion in the trailing twelve month period ending December 31st, 2020. Lightspeed will acquire Vend for total estimated consideration of approximately $350 million, satisfied by way of payment on closing of approximately $192.5 million in cash and the issuance of subordinate voting shares in the capital of Lightspeed valued at approximately $157.5 million. The deal, which is subject to customary closing conditions and post-closing working capital adjustment, is expected to close towards the end of April, subject to the receipt of applicable regulatory approvals.”
As always - many thanks.
Clayton

Q: Greetings:
On Feb 23, you said wait a while longer to sell. I have all the time and patience to wait, however, I don't want to wait until I am forced to accept $16.50. Advice now?
Thanks as always,
BEN.

Q: Your thoughts on Enghouse recent earnings and opinion/ outlook on the future. Thanks.
Robert

Q: One of the "highlights" from Kinaxis' recent quarter was the decline in gross profit. From what I can tell, it seems that R&D spending was significantly higher, in part to augment AI capabilities. Can you shed any light on this decrease in profit and if it was from higher R&D is that not a good use of capital and does that not bode well for the company going forward?

Appreciate your insight.

Paul F.

Q: Hi,
Can you help me to understand why the premium of BIPC is so high over BIP.UN? It increased to more than 40% today, $94 vs $66. On the other hand, the spread between BEPC vs BEP.UN is much narrower, up and down around 10%. Do you expect the the gap between BEPC and BEP.UN to widen? Thanks,
Martin

Q: Hello Peter, Ryan, and Team,

Wondering if you think it's still worth putting some money into the re-opening trade via one of the airlines. I'm considering reducing my position in REAL in order to do so. Although REAL is relatively cheap right now, its price trend is still moving lower. I know you like Southwest Airlines, but Air Canada's share price is nowhere near pre-pandemic levels, while LUV is already there. I have been reluctant to invest in the airlines, as I'm convinced that business travel will never return to the same levels. Many companies have finally realized it's often unnecessary and that cost-effective, technology-based alternatives are preferred. However, I think the pent-up leisure travel demand will likely make up for this on a short-term basis. Can I please have your thoughts?
Thank you.
Brad

Q: On March 2nd the Globe published a list of all 219 companies in the S&P/TSX composite index grouped by sector and ranked based on their expected price returns (excluding dividend or distribution income), according to Refinitiv data. The closing price is as of March 1 and the expected returns are based on these closing prices. All other data is as of Feb. 28. It included the % yield and the number of Buys, Holds, and Sell recommendations.
Results show 1,710 Buys, 836 Holds, and 125 Sells.

Yesterday they did the same for the Small Caps based on the March 5 close.
Results show 952 Buys, 371 Holds, and 32 Sells.

While not surprised by the results, it does call in to question the objectivity of the recommendations.

Q: Could you rate these 3 stocks, looking to purchase one of them in my TFSA. Do you have a favourite or would you suggest another.
Thanks John

Q: Similar question to the one I asked yesterday. This is regarding some small/medium sized consumer and consumer-related type Canadian stocks. How would you feel about holding each of these stocks in your portfolio, on a 1-10 scale, with a 10 being you definitely want the stock in your portfolio, a 1 being a stock you want no part of, and a 5 being a stock you are basically indifferent about. As part of broadly diversified portfolio, looking for total return over the next 5+ years, comfortable with risk. ACQ, AW.UN, DOO, ECN, GOOS, HTL, LNF, MTY, SIS, SVI, ZZZ.

Q: Hi!

I've heard a lot of people suggest that Europe's various stock markets are better value than the U.S. market, but that Europe hasn't implemented nearly enough stimilus to help drive growth the way the U.S. has. Do you think Europe is attractively valued and if so would this be a good time to start building a position in an ETF with a European focus? Can you suggest a couple of potential ETFs for exposure to Western Europe?

Thank you!
Jason

Q: Would costco be a top pick in the sector at these level? I already own L and PBH. Any other suggestions?

Q: I currently have a new position in GM (entry approx $53), ;
- I also have a new small position in STLA ( entry approx 17.50)
- I'm also looking to add a small position into Ford
Questions are :
-1. Your thoughts on the best of the three.
-2. Would you own or add to 1 , 2 or All of the above, Or None of the above for that matter.
-3. What would be a top, reasonably safe, growth or need to own choice in the Automotive sector going forward in this rapid evolving environment ?

Thank you in advance
Good job to the team, I appreciate your service!