Post by
ZouZS3 on Aug 13, 2022 11:36am
5i's Q & A
Q: With a loss of more than 95%, sell or hold has no consequences. At the price of 0.68 is their any hope for this company. 5I RESEARCH ANSWER: There is always 'some' potential, and a beaten-up company could always be a takeover target. But we have thrown in the towel on this one, and moved on to more consistent growth companies with better consistency. Its small size and horrible execution make it a tough one to look at for any buyers.
Comment by
ZouZS3 on Aug 13, 2022 11:37am
5i is clearly done with xebec lol
Comment by
tamaracktop on Aug 13, 2022 1:39pm
I couldn't care less about 5i. Who the hell is 5i anyway? In my 30 years as a broker at RBC I'd never heard of them. As far as I'm concerned, their "analysis" is completely inconsequential.
Comment by
LongoGlueStick on Aug 13, 2022 1:46pm
Peter Hodson runs 5i. He used to work for Sprott. I believe he was big in recommending Timminco's stock when they were producing material for solar panels. We all know how badly that investment turned out.
Comment by
sumpineh on Aug 14, 2022 4:24pm
I totally agree. Peter Hodson is the one analyst who I subscribe to because as you said he does not have a vested interest in the stocks that he talks about. Even when he was with Sprott, I thought he gave honest opinions and when he left them he cited the fact that they had wanted him to push their holdings whether he believed in them or not. He calls them as he sees them.
Comment by
tamaracktop on Aug 14, 2022 4:42pm
Ha! That's a good one, but 5i didn't exist when I was in the business and to this day aren't registered. And yes, I've met Peter several times as well, when he worked for Eric Sprott