Investment Q&A

Q: Peter and Team:

PHM has hit a 52 week high. Last question about it was asked April 28. Wondering if your thoughts are still negative, and if you could expand on the proposed split.

Thanks as always for a great service.

Phil

Q: based on today's weakness, some research, and 5i positive opinion of the company i have waded in with a new position in OTEX worth 2.5% of my portfolio. hopefully 2 years from now this would be considered a good entry point.

Q: PTS has been a basket case for most of the recent past, but suddenly the share price is shooting up. Your opinion on PTS, please? Thank you.

Q: What is your opinion on ADW.A? I have held ADW.A for over a year now, do see much upside going forward?

Thanks

Q: Reading through the quarterly report I see on the cash flow statement that finance costs are considered an item not affecting cash. The note dealing with it does not explain just itemizes the individual charges. This is also the same for others in the industry, EXE and SIA. How is it that this is true? My head hurts when I try to justify it. My financing costs, mortgage interest, car loan etc affect my cash flow. Thanks

Kenn

Q: What do you think of this offering? Could it be considered a fixed income part of a portfolio?
Thanks!

Great-West Lifeco Inc. 5.15% Non-Cumulative First Preferred Shares, Series T

Short Description: Treasury Offering of Non-Cumulative First Preferred Shares, Series T via Bought Deal
Price: $25.00 CDN per share.

Q: A couple of times I have asked a question, NOT changed the option to 'private' but the answer has come back as 'private'

fwiw

Q: Please provide your comments on AFN ER. Thanks.

Q: Gooday I have a 3.6% weighting in Gei. I also have a 4% weighting in Altagas. Should I add more Gibson on q1 release?

Regards

Q: Do you see any further uptick here or is it pricey ? Looking to add

Q: Hello

Could you comment on KP Tissue and recent Transalta earnings?

Thank you

Stephane

Q: This company does not seem to be followed by any analysts- it's probably too small. However, its recent earnings seem to be very good and P/E seem to be sound. Stock has moved up considerably. What is your opinion of the recent earnings report? Thank you.

Q: Can you please comment on RRX earnings? Thank you

Q: Today is GUD' s annual meeting and owning some stock means i can attend. But is it worth the traffic and time or just the online documents be just as good ?
There aren't to many in this area that i can attend except WSP tomorrow and SIS next monday.
Would it be a learning experience?

Q: Could you please comment on GEO earnings and prognosis going forward? thanks

Q: Did cargo jet improve cash flow and debt from your 2016 answer and would it be a good long term buy?

Q: You seem lukewarm on STN lately. Synergies from the large MWH acquisition seem to take time to flow to the bottom line...

However, it seems to be that are extracting a lot of value out of the MWH acquisition. STN is not a SW company, so it makes sense that they would divest "Innovyze" as non-core asset. However, I am surprized that they got USD-$270M for it - given the relative sale price versus the entire MWH acquisition price of ~$1B (i.e. 27%).

In their press release, they make no mention of expected revenue from this Innovyze business. I would have thought that if they would be losing ~25% of the revenue gained from the MWH acquisition, they would have had to mention this as 'material change'...

Would $270M US, they can repay the debt quickly and focus on core markets. Do you see the same value in this non-core sale and are you surprized at sales price obtained?

Q: My current portfolio is concentrated on 4 sectors of; Technology,Materials,Consumer/non-cyclical,and Industrial,total of 12 stocks mostly of your Balanced Portfolio.So far they are doing very well.
To balance my portfolio I want to add 7 new sectors : Real Estate,Financial,Healthcare, Energy,Utilities,Consumers Cyclical and Telecommunication,for holding term 2 to 3 years.

Please provide me with your current favorable choice of stocks for each of my 7 new sectors to buy now.
I prefer CAD stocks but I have no problem with some of US choices.

Thanks Andrew

Q: Just wondering what you think of Ford at this point for income? It has an outsized yield approaching 6%. I have done very well with CLCT and while I am optimistic about its foray into China I am thinking I should trim some and Ford seems opportune. Is it?

TIA

Q: Please provide your comments on ITP's Q1 results. Thank you.