Q: Can you comment on the two most recent acquisitions that Descartes made?
Thank you
Peter
Thank you
Peter
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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: Hi there,
What are you thoughts on TCK?
Cheers
What are you thoughts on TCK?
Cheers
Q: My question is about Great Canadian Gaming Inc. (GC).
In your recent report you gave this company a B rating. I am trying to understand how this came to be. I most definitely do not understand something as I do not see this in a positive light (but you have proved me wrong many times and I am trying to learn). The following is what I have read in your report.
- The company pays no dividend and has high debt.
Additionally, reading the section on "Recent financial results" the following stood out when I read it.
- For the 9 month period, revenue was $305.9 million, basically FLAT compared to the prior period.
- These arrangements are NOT as attractive as the previous ones and overall revenues have DECLINED from these facilities.
- Boulevard also produced REDUCED revenues due to proximity of highway....
- These negatives were offset by IMPROVEMENT in the other casinos, notable River Rock (sounds like we're putting our eggs in one basket)
- For the 9 months, adjusted net earnings were $34.9 million, DOWN 4% from last year.
Additionally, I do not believe that I read about much growth. In the "Growth" section of the report.
- Growth can come from the of new sites, BUT this ability to grow is strictly controlled by provincial/state regulations.
- The Ontario Lotto and Gaming Corporation is evolving its operations in Ontario which MAY present opportunities for GC.
Overall, what I feel I read is that the company pays no dividend, has lots of debt, its financial numbers are flat (if not decreasing), growth is a possibility (however it is out of the companies control) and there are "exceptionally tight regulations and any violations are met with strict penalties, ...". How would this be a "B" company? Especially if we also consider that the stock has already had a run up.
I have missed a number of your great stock opportunities due to my incorrectly questioning your analysis. This time I thought I would ask before writing it off for other opportunities.
Thanks again. There is no rush to respond to this question. It can go at the bottom of the list.
In your recent report you gave this company a B rating. I am trying to understand how this came to be. I most definitely do not understand something as I do not see this in a positive light (but you have proved me wrong many times and I am trying to learn). The following is what I have read in your report.
- The company pays no dividend and has high debt.
Additionally, reading the section on "Recent financial results" the following stood out when I read it.
- For the 9 month period, revenue was $305.9 million, basically FLAT compared to the prior period.
- These arrangements are NOT as attractive as the previous ones and overall revenues have DECLINED from these facilities.
- Boulevard also produced REDUCED revenues due to proximity of highway....
- These negatives were offset by IMPROVEMENT in the other casinos, notable River Rock (sounds like we're putting our eggs in one basket)
- For the 9 months, adjusted net earnings were $34.9 million, DOWN 4% from last year.
Additionally, I do not believe that I read about much growth. In the "Growth" section of the report.
- Growth can come from the of new sites, BUT this ability to grow is strictly controlled by provincial/state regulations.
- The Ontario Lotto and Gaming Corporation is evolving its operations in Ontario which MAY present opportunities for GC.
Overall, what I feel I read is that the company pays no dividend, has lots of debt, its financial numbers are flat (if not decreasing), growth is a possibility (however it is out of the companies control) and there are "exceptionally tight regulations and any violations are met with strict penalties, ...". How would this be a "B" company? Especially if we also consider that the stock has already had a run up.
I have missed a number of your great stock opportunities due to my incorrectly questioning your analysis. This time I thought I would ask before writing it off for other opportunities.
Thanks again. There is no rush to respond to this question. It can go at the bottom of the list.
Q: Hello, I've had CCM440 (IA CLARINGTON TACTICAL INCOME FUND T6) for 7+ years which has an MER of 2.48%. It also appears to be lagging the average return for this class of funds. I'd like to replace it with a good quality ETF with decent dividend returns. Can you suggest several?
Thanks Graham
Thanks Graham
Q: Would Sun Life (SLF-T) be ok for adding to a TFSA as an income/growth stock? Thank you.
Q: Hi Peter and Team, regarding Renegade, RPL, in your opinion at what share price would you see true value, taking the debt into consideration, in order to possibly average down on this one? Frontfour see's value in the company but I'm not sure at what price there is value. Thanks!
Happy New Year to All at 5i and All Members...and Happy Investing in 2014!
Happy New Year to All at 5i and All Members...and Happy Investing in 2014!
Q: Avalon (AVL) entered into an agreement (Nov 27) with Lincoln Park Capital Fund, where AVL could sell $30M shares in the next 3 years and Lincoln is obliged to buy it at the prevailing market price. With AVL having no debt and this long term commitment of presumable knowledgeable people would that represent a good opportunity in an out of favor segment. Thanks for your great service, and Happy New Year to your team.
Q: Happy holidays 5i team, thanks for the great market insight this past year. Curious to hear your thoughts on REIT INDEXPLUS Income Fund (IDR.UN) from Middlefield. Its yield is 7%+ and is a combination of active/passive management with a fairly low fee (0.6). I like it for the income and diversification across the sector, as I have no REIT exposure currently. Good choice, or would you recommend one or two specific REITs above all others? Thanks and happy new year - Brad
Q: Best choice for a combination of Growth and Yield: Surge Energy (SGY), Long Run Exploration (LRE), or Twin Butte Energy (TBE)? Thanks, Brad
Q: hello peter,
we have about 80k RESP for two children (one 11 and one 10). We would like to take some risk. please provide 8 to 10 stocks for us to buy and hold. Happy new year and thanks.
yingzi
we have about 80k RESP for two children (one 11 and one 10). We would like to take some risk. please provide 8 to 10 stocks for us to buy and hold. Happy new year and thanks.
yingzi
Q: Peter, Have done well with DHX Media (DHX-T) with one purchase @ $1.56 and another @ $2.07. It's now $5.59 and I'm thinking of Selling and moving on.
Bought Enterprise (E-T)in Oct/13 and it doesn't do much. What do you think?
If I sell DHX, I am looking at some Stockchase ideas as follows:
Axia NetMedia (AXX-T)
GuestLogix (GXI-T)
Merus Labs (MSL-T)
Neulion (NLN-T)
Symbility Solutions (SY-X)
Your thoughts please.
Bought Enterprise (E-T)in Oct/13 and it doesn't do much. What do you think?
If I sell DHX, I am looking at some Stockchase ideas as follows:
Axia NetMedia (AXX-T)
GuestLogix (GXI-T)
Merus Labs (MSL-T)
Neulion (NLN-T)
Symbility Solutions (SY-X)
Your thoughts please.
Q: Your thoughts on Nordex (NXX-X) please.
Q: If you could invest in the ishares of any region outside of N America for 2014 where would it be? It seems Japan might be a good bet with Abenomics and resurgent inflation. However S Korea also seems to be a promising growth story, while Brazil has been a poor performer in 2013, but will it come back?
Q: Good Morning Peter & Team :
I think there are good investment opportunities in businesses involved in financing loans to self-employed people or people with poor or no credit history, euphemistically called "bruised credit". These are companies that provide chattel mortgages [mainly car loans] and/or "Payday" loans. The companies must have rigorous and effective loan loss controls in place. Many of the widely advertised payday loan companies such as Wonga and Cash Stores do not appear to trade on any exchange but there must be others that do.
So far I have identified Easyhome [EH], Carfinco [CFN], and Rifco [RFC] which might fit into this general category of high risk loans.
I would appreciate your advice on what other companies there are that I should consider, and I would value your opinion on the best and safest way to invest in this category, for both strong growth and at least a modest dividend.
Thankyou........... Paul
I think there are good investment opportunities in businesses involved in financing loans to self-employed people or people with poor or no credit history, euphemistically called "bruised credit". These are companies that provide chattel mortgages [mainly car loans] and/or "Payday" loans. The companies must have rigorous and effective loan loss controls in place. Many of the widely advertised payday loan companies such as Wonga and Cash Stores do not appear to trade on any exchange but there must be others that do.
So far I have identified Easyhome [EH], Carfinco [CFN], and Rifco [RFC] which might fit into this general category of high risk loans.
I would appreciate your advice on what other companies there are that I should consider, and I would value your opinion on the best and safest way to invest in this category, for both strong growth and at least a modest dividend.
Thankyou........... Paul
Q: Hi,
I have just joined and been browsing.
With regards to your model portfoliio, is it possible to add a column to say if it is still a buy or a hold. I mean, at the time of portfolio initiation, maybe a stock was a buy, bur its price appreciation may have made it a hold and not an attractive buy at this time.
As a new member, how can I know if it is still OK to set a portfolio to match your model portfolio?
Thanks
I have just joined and been browsing.
With regards to your model portfoliio, is it possible to add a column to say if it is still a buy or a hold. I mean, at the time of portfolio initiation, maybe a stock was a buy, bur its price appreciation may have made it a hold and not an attractive buy at this time.
As a new member, how can I know if it is still OK to set a portfolio to match your model portfolio?
Thanks
Q: I would like to know which of your model portfolio companies would be considered suitable for an income portfolio.
Thank you.
Thank you.
Q: I would like your opinion on 3 names FTN,DFN,INC.U all pay large dividends, are the dividends secure and do you see any growth. thanks
Q: I suggest the portfolio to be added in the new year should be a dividend portfolio. The current model and a growth model would both be directed principally towards the younger crowd. I think there are a lot of retired/older members and we would be left out of the models. Thanks
Q: Thanks 5I for your amazing site! You've effectively replaced my "full-service broker" and done a much better job.
In my portfolio, I hold 100% Canadian stocks. Does it make sense that I compare it's 2013 performance to that of the TSE, rather than the S&P500?
Also, if you think I should have exposure other than Canadian, what do you suggest, and in what amount?
Thank you very much!!!
In my portfolio, I hold 100% Canadian stocks. Does it make sense that I compare it's 2013 performance to that of the TSE, rather than the S&P500?
Also, if you think I should have exposure other than Canadian, what do you suggest, and in what amount?
Thank you very much!!!
Q: Seasons Greetings to all at 5i: I want to slowly get back into equities; I am 67. I have 5 sectors in mind: industry, resources, consumer, finance and utilities. Do I have your blessing on the sectors I chose for diversification and if so please suggest 2 conservative stocks for each sector. Thank you, Rick