Investment Q&A

Q: Hi Peter What do you read in to the recent announcements and share price reaction
Kind Regards
Stan

Q: Can you comment on the stability of both these investments

Q: What are the ramifications of new gaming contracts for Western Ontario on this stock?
Thanks
Bob Rose

Q: Following up on CBL question, is it possible if they take it private, i could be taken out at the current price, leaving the shareholder, who bought at much higher price, with big losses?

Thanks
M

Q: Hi 5i,
I’m continuing to hold some Callidus (CBL) shares reasonably patiently. But I’d be interested in any further thoughts on the insider activity on CBL over the past few months. The INK report shows predominantly two buyers: Braslyn Ltd and Callidus itself. (You noted previously that Lewis controls Braslyn) The shares repurchased by Callidus are consistently cancelled at the end of each month. The Braslyn purchases are small lots (a few as big as 10-15,000 but smaller most recently), certainly relative to the size of Braslyn’s total holding (over 7.1M shares). Small lots obviously won’t move the price significantly on a given day. But is this buying too incremental to be significant or might something be going on? Obviously if there is to be a go-private takeover at a premium, continuing to accumulate near $10 might work out well for Braslyn. But is it likely that Braslyn is angling to orchestrate a takeover itself? The trading share float seems relatively small on this already (around $100M and less than 20% of the market cap). I don’t know if I have seen a situation quite like this one before. It seems like if the float erodes enough the current insiders could just have it go private by agreement. Thanks.

Q: Could you please comment on earnings. There was about a 4% drop to the share price before the release?? I hold this in my income portfolio and have never had to worry about this company. 2017 looks like there wasn't much growth but does 2018 look better? Would you continue to hold this?
Thanks as always for your advice.

Q: Is there an ETF similar to HFR, but in US funds?
Thanks for your service

Q: I took a 1% flyer on this a few months back and then increased it to 2%. It seems to be doing well and I wondered how you would consider it in terms of risks and prices. It's always hard to read Brookfield P/Es. Would you buy more of this now?

Q: I am trying to understand how NFI deserves an A- rating. Please appreciate that this is a learning opportunity on my part as I`ve made (too many) mistakes in the past. I see a company that has had excellent fundamentals (i.e. 19.7/20.7% revenue/EPS growth) over the past 5 years but only has a 4.9% revenue growth over the next year. The company's balance sheet is so/so. The companies last quarter was disappointing. The big advantage I constantly read about is its backlog (and this is not a sign of growth). This sounds like a company that was great in the past but appears to have few specifics mentioned about having a great future . What is it that we do not see? Your in-depth comments are appreciated.
Thank You.

Q: How do you feel about these two names as income stocks with a small amount of growth? In a market correction they should stand up half decently?

Regards,

Robert

Q: Hi 5i.
Great job on the new website!

My question is whats waking up SRU.UN today?
Should I keep holding for income or should I sell?
Could you also suggest 3 best buys from your income portfolio at this time?

I look forward to your answer.

Q: We are quite elderly, have a small pension and, to augment it, invest with BMO in a portfolio of 22 stocks that pays close to $35,000 annually in dividends. I'm looking for relatively stable income with safety and a modest chance of growth. Could I have your comments please, and any suggestions.
It is composed as follows:
Cash - 3%
ALA - 4.36%
AX.UN - 4.23
BCE - 5.10
BIP.UN - 4.58
BMO - 4.79
CM - 4.88
CPX - 3.91
DRG.UN - 4.91
ECI - 3.95
EMA - 4.58
GEI - 4.12
NFI - 4.27
NPI - 4.51
PKI - 5.01
PPI - 4.3
REI.UN - 3.77
RNW - 3.63
RY - 4.84
SJR.UN- 4.11
T - 4.27
TD - 4.44
TRP - 4.26

Wishing you all a Very Merry Christmas, and a Happy and Prosperous New Year.

Cheers, Edward

Q: What is your opinion of this stock...is the dividend safe ...I know enbridge has a lot of debt could this affect ENF...

Q: Hi Team,
I have held a full position on both ENB and PPL for 4 years. Share price of ENB has been steadily dropping over the 1 - 2 years while PPL had held its own. I am therefore thinking of moving my money from ENB to PPL (I am therefore may be overweighed on PPL). Your thoughts and comments would be appreciated.
Cheers

Q: I just read your comments regarding MLP’s, including AMZA as your preferred way to go. My question: the dividend on Globe Investor shows a dividend rate of approx. 25%. Even with the withholding tax that would still leave a dividend of about 15%.

Too good to be true? If so what are the downside risks?

Thanks.

Q: given current markets, what percentage of the above etf's would you hold for fixed income...thanks.

Q: Chesswood has announced that they will redeem all $20 million of its outstanding 6.5% convertible debentures in January 2018, well ahead of their maturity date of December 31, 2018
Can you explain 1) what is a convertible debenture? And 2) how material is it when these are redeemed ahead of their maturity date?
Thanks
John

Q: rogers has been on a bit of a slide the last week or so wondering if there is reason . Is there a reason for rogers to be selling assets like shares in cogeco

Q: Canadian companies that pay dividends in U.S. dollars: In your Nov. 29 answer to Patrick, you listed some companies; MG, MX, BEP.UN, AQN, TRI, OTEX, CSU, AGU
Are there any more beyond this list? By the way, it may be good to identify this somewhere on your web site. Thank you.

Q: I am negatively surprised at the proposed sale announcement today, as a fairly large shareholder of IRG. The price of both Companies are trading down, which would indicate not all is well. To take 80% of MTY stock, how do they determine at what share price? Why would they have a no solicitation clause with MTY? Should the objective not be to maximize shareholder value and properly seek bidders? Your comments would be appreciated.