Investment Q&A

Q: Regarding Intertain Group, they seem to continue delivering having just had a quarter that surpassed expectations nicely but the stock cannot get any traction. Would you say that the company is not trading in accordance with its fundamental strengths and has simply fallen out of favour? I am starting to look at it as a growth/value stock that almost inevitably has to move up 20% barring a scandal. Your thoughts?

Q: I have barely ever read anything on anyone's website about ULTA-NASDAQ, Ulta Salon, Cosmetics & Fragrance, Inc..

I unfortunately only learned of it over 1 year ago and not earlier.

It beats a lottery ticket in rewards.
It blows popular stock like AMZN, NFLX, GOOG, APPL....out of the water.

Do you have any thoughts, pros/cons, financial, management or else wise?

Since 7 years ago, ~April 2009 to recently:
- 90%/annum return!!!!!!!! That is almost a doubling every year!!
- $50,0000 invested ideally in 2009 would be ~$4.4 million now!!!
- its stock has been on a consistent slope upwards for 7 years.
- the stock never has a noticeable pullback so far since 2009.

Q: Would appreciate a update on your views on HNL and HBM. Thank you

Q: This stock is being sold off on the basis of an earnings miss. What's your take on their results and prospects?

Q: I own Primero (P) at a much high price. Would you consider it a hold or a sell at this time?

Q: I checked Yahoo for the payout ratio on it's dividend, it looks like 85%? Is that correct?

Thanks.

Q: Hi 5i: I own some of Student Transportation’s US$ convertible debentures (STB.DB.U: 6.25%, 30 June 2018). The company has just announced they are redeeming them as of September 19, 2016. Is there any downside to waiting for them to be redeemed and being paid out by the company, as opposed to selling them into the market in the meantime? If it is all cash I’d be inclined to wait and accumulate as much of the interest as I can and save the transaction fee. But I wouldn’t want to wait if there is any potential for the company to pay up the debentures in STB common shares instead of cash. Thanks!

Q: I am interested in farmland. Are there any REITS, etf's, or stocks in Canada? Does FPI:Z work for North American exposure?

Q: Hi , is there a short list of potential suitors for RKN

and do you see them as an attractive aquisition to anyone?

Thanks,
David

Q: What do you think of Clairvest? http://www.clairvest.com/wp-content/uploads/bsk-pdf-manager/Q4_2016_Press_Release_FINAL_53.pdf

It looks like their net income is down about 25% from 2015 yet their book value keeps rising. How do you assess book value on a bunch of privately owned companies? Is it a somewhat subjective?
Just wondering about an investment at some point but since the stock has gone up while net income is down, wondering if it is a good idea.
Or am I reading this wrong?
Thanks

Q: what is your thinking about afn and do you see more share price appreciation?
would you prefer agt over afn? and why?

Q: Goodday.. Anything new since June Also hse } Thaking you in advance Cliff

Q: Would you kindly analyze this company in terms of short term and long term? I have modest profits on the stock now, but am able to hold for a longer (long, long, long) term. Is the business model solid for the longer term, in your opinion?

Q: Hi, can you please go over PHO QR...I could be very much wrong but as I go over the release I get the feeling that it is turning into an Avigilon type of story with increased spending on facility and development, management turnover, lower margins and excuses for lower sales. I see both potential and opportunity cost.

I do not have a large position and am unsure if this is worth the headache. I could deploy the money into something better such as new growth portfolio position possibly next week!? Thanks!

Q: Could you give me your thoughts on investing in Europe at this point in time. Would you hedge to the US or C$? Would HEDJ be a good vehicle? Thanks.

Q: opinion please on gil (gildan activewear), read your report.new or newer plants coming on line? looks to me like this might be a pretty good growth stock and growth is what i'm after or is there a better one out there,any stock,any sector? tkx pat

Q: I don't own this company (DSG) but it seems to have a pretty good price trend for several years. In particular from Mar2010 to Mar2016 its stock price rose from aprox. 6.3 to 23 or about 265%. Looking at its financials, it reported AEBITDA of .36 in Mar2010 and .80 in 2016 for a total increase over the same period of 122%. That seems odd given the price appreciation. In addition this is a growth rate in per share AEBITDA of only ~14% over the 6 year period resulting in a PEG ratio (using AEBITDA) of ~ 2.41. So my question is: Why is this stock so loved? Yes it has consistent "earnings" but they don't match the stock price appreciation. In their latest annual report they say they have a CAGR of 24% but that is not on a per share basis. So again what am I missing?
Cheers & thanks for the great service.

Q: Reportedly ENB wants to raise as much as US$7 bil for general corporate purposes including reducing debt & financing capital spending,but it does not expect to spend the funds on any specific project.What is going on?The market certainly dislike as it took a sharp drop today

Q: Hi team, any input with the recent event with Goldcorp regarding leak at Mexican mine? thanks!

Q: Ceapro was recently recommended on BNN. I have never heard of this Company What can you tell me about them and would you invest in it.