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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: I've taken a 20% hit on Dundee (D.un). Andy Nasr said he would sell Dundee because the supply of office space in Toronto is poised to increase (an area of focus for Dundee). I realize many of the reits have been hit hard but is Dundee fundamentally flawed? I could sell d.un and buy HR.un or FCR to recoup losses when the tide turns more favourable for the sector. Thank-you.
Read Answer Asked by Albert on August 31, 2013
Q: Peter:

re. Mitel Networks

Is there any catalyst for growth in the short - medium term ie. 3-12 months? Stock trades on both the TSX and Nasdaq ... is there any reason not to buy the stock on TSX ... I recognize that volumes are much greater on Nasdaq. Thanks for your insights.
Read Answer Asked by Owen on August 31, 2013
Q: Peter:

re. ZCL Composites (ZCL-T)

What is your opinion of the investment merits of ZCL at this time? I need a small cap industrial to add to my growth-oriented small cap portfolio. Would this stock 'fit the bill'?
Read Answer Asked by Owen on August 31, 2013
Q: CIBC [CM]. I've heard it said banks tend to revert to the mean over time, so that those that are under performing tend to 'pull up their socks'. With CM and National Bank [NA] having yields over 4% would they be good banks to build/expand a portfolio of banks around assuming that, over time, their yields will come down?
Thanks for your thoughts on this.
Ron
Read Answer Asked by Ronald on August 31, 2013
Q: Hello,

Previously I asked about a stock I hold Sucampo (SCMP) because the stock had decline 30% and I couldn't find a reason why. You kindly looked into the stock and concluded the same. Recent earning were good but didn't impact the stock price.

My question is, should you hold on to a stock that the market doesn't seem to like?
Read Answer Asked by Sunita on August 31, 2013
Q: Could you please give me your opinion on market growth GIC's.

Thank you,
Milan
Read Answer Asked by Milan on August 31, 2013
Q: Capstone mining, cheap price/book, great balance sheet, and growing from organic growth and a good acquisition from BHP. What do you think of this company, for long term?
Read Answer Asked by Rob on August 31, 2013
Q: hello 5i:
I believe you have answered this question in the past, but don't know how to look it up. Considering that you have an "average" company with average prospects (if such a thing existed), what is a reasonable price/cash flow? What would be undervalued and overvalued on a price/cash flow? I realize there are a number of variables affecting the answer; I'm just trying to simplify things.
thanks
Paul
Read Answer Asked by Paul on August 30, 2013
Q: We have a fairly large sum in RESP/university funds which are invested presently in BIP.UN, CGX and IPL.UN. We have some cash to invest and were wondering about one or two further stocks you could recommend. Preservation of capital/income is more important than growth as we need only hold the funds for another 3-5 years. Thank you for all the thoughtful advice and information this site provides. Far and away the best of its kind. Bill
Read Answer Asked by Bill on August 30, 2013
Q: Hi: In today's Globe and Mail Scott Barlow writes an article that paints a gloomy picture on the future of the Canadian Equity market. I would appreciate your thoughts on this article. Thanks Brian
Read Answer Asked by Brian on August 30, 2013
Q: Can you explain in simpler terms what Aya.wt entitles you to---is it a reasonable way to play Amaya?


Amaya Gaming Group Inc
Symbol C : AYA
Shares Issued 50,205,397
Recent Sedar Documents

View Original Document
Amaya Gaming 28,750-special-warrant private placement


2012-02-17 19:49 ET - Private Placement - Debenture


The TSX Venture Exchange has accepted for filing the documentation with respect to a brokered private placement for Amaya Gaming Group Inc. announced on Dec. 15, 2011, and Jan. 11, 2012:

Number of special warrants: A total of 28,750 special warrants, each automatically convertible, for no additional consideration, into: (i) one unsecured subordinated debenture having a $1,000 par value and convertible into common shares, and (ii) 50 common share purchase warrants, each entitling its holder to acquire one common share at a price of $3 per common share until April 30, 2015. The special warrants will automatically convert upon filing of a final short form prospectus qualifying for distribution the convertible debentures and the warrants within 80 days following the closing date of the private placement. If a final receipt for such prospectus is not obtained on or before March 31, 2012, each special warrant will thereafter entitle the holder thereof to receive, upon conversion, at no additional consideration, 1.1 convertible debentures (instead of one convertible debenture) and 55 warrants (instead of 50 warrants), resulting in the issuance of a total of 31,625 convertible debentures and 1,581,250 warrants.

Purchase price: $1,000 per special warrant

Convertible debenture: $28.75-million (an additional $2,875,000 of debentures could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)

Conversion price: convertible into common shares at a price of $3.25 per common share until April 30, 2014

Maturity date: April 30, 2014

Interest rate: 10.5 per cent per year

Warrants: 1,437,500 warrants to purchase 1,437,500 common shares (an additional 143,750 warrants could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)

Warrants exercise price: $3 until April 30, 2015
Read Answer Asked by Bryon on August 30, 2013