Investment Q&A

Q: A few months ago you indicated a multiple of 7.5 to 8 times sales. What do you believe the multiple will be in 12 months. The question is in regards to selling my entire position. My average price is $36.31. I believe we will have a low chance of a recession because the job market is still strong. Clayton

Q: I am intending to take a small position in one of these 2 companies. Security of capital and long term growth are the mainstays of my investing objectives. Current distributions or dividends are of no particular importance, except to the extent they contribute to the objectives. Which company would you choose, and why? Thank you for your excellent service.

Q: Is it a good time to start buying REITS or should I wait until 1/2 way through next year when we know more about this recession that everyone is predicting?

Can you recommend 1 or 2 CDN and 1 or 2 US for a long term hold?

Q: Your opinion on LSPD please. Is it buyable now? thank you. Fooklin

Q: your opinion on GSY please. Is it buyable now? Thank you. Fooklin

Q: A question about the debentures.
It’s a bit early, but what would you best guess as to the new interest rate reset this march which is determined buy the change in inflation year over year ..end December.

From csu last year
unsecured subordinated floating rate debentures, Series 1 of the Company (the “Debentures”) will be reset to 9.9% per annum on March 31, 2022. This new interest rate is equal to the annual average percentage change in the “All-items Consumer Price Index” published by Statistics Canada during the 12 month period ending on December 31, 2021 plus 6.5% and will be reflected in the June 30, 2022 interest payment on the Debentures.

The current interest rate of 7.2% will remain in place until March 30, 2022. The interest rate applicable to the Debentures will continue to be reset on an annual basis on March 31 of each year.

Q: Hi,

Can you provide general comments on D2L's latest earnings release please?
Specifically, any concerns about their 3 month and 9 month adjusted EBITDA (loss) and their updated financial outlook? Other released financial metrics appear to be positive.
Is this still a long term buy?

What is your take on Andlauer's early warning report released Dec 7, ie..."agreements to sell an aggregate of up to 1,760,000 subordinate voting shares in the capital of the Company ("Subordinate Voting Shares"), representing approximately 9.64% of the issued and outstanding Subordinate Voting Shares, for investment purposes."
Almost 10% is quite a lot of shares is it not?
Is this still a long term buy?

I don't currently own any of these shares but they are on my short term watchlist.

Cheers,
Steve

Q: Can I please have your thoughts, analysis on Descartes recently announced earnings. Do you like this company and do you see good things ahead? Any comments would be appreciated. Thank You.

Q: Thoughts on the guidance they released?

Q: Hello,

Thanks for the response to my earlier question regarding which of the income stocks you would hold in a TFSA. Can you comment on my first statement regarding the illiquidity of the stock and how that would cause someone with a significant investment to be challenged in acquiring as much as what the daily volume has been? I have never thought of myself as a MM and I prefer not to be. Thanks.

Q: If only one was to be added to right now which would you pick? I have both at at a higher cost. Are you expecting a bounce in January? Thanks.

Q: Hi,

Recently you added ADN to the Income portfolio. In order to incorporate the 2% position that you use, it will mean a substantial purchase. After review, it seems that ADN does not trade in significant volumes to allow a reasonable market price. That said, how does ADN maintain the dividend when its free cash flow is exceeded by the dividend payout on a consistent basis? Am I missing something?

Q: Hello, looking to invest in Nexus Industrial REIT, especially since the drop in price due to a bought deal. I already have DIR.un. In the industrial sector, is this a name you like and if so, why? Thanks.

Q: Hello Peter,
Could you please comment on Tecsys results? The stock is in the dumps which is surprising as the company is in supply chain area which is a good place to be, and the results did not seem that bad. Does it compete with Kinaxis? Thanks very much

Q: What is your view of the performance of Tricon Residential over the past year and your opinion on future growth. Thanks.

Q: $5.80 +11.54% on Dec 2 .Any reason,or purchase after recent big drop, or buying after finish of tax loss selling. Txs for u usual great views & services

Q: Of the two mentioned above which one would be your choice. Please explain.

Q: Hello 5i Team
Was there any news that has contributed to the resent price appreciation in Toi .Do you think it is a good time to add to the position .
Thanks

Q: Good morning. I watched your interview with Kornel Szejber from Build Wealth Canada. On it you discussed immunization which was most helpful. You also mentioned that you thought of CNR and CP as set it and forget it stocks. With that train of thought in mind which other canadian dividend stocks would you put in this same category? If I was to purchase 10 dividend stocks to take advantage of the dividend tax credit in my non registered acct which would be my main source of income which stocks should I consider.
Thanks
Victoria

Q: Hello 5i team,

There was an extremely large volume of transactions for lightspeed today. Do you know if there is anything material that happened or was it simply news of a slow down in interest rate hikes in the states?

Andrew