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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: In your view, which will be more profitable (growth +dividend) in 2021: BEP or GSY? Seriously overweight now in BEP and wanting to redirect the surplus to GSY, but BEP just keeps going up. (Not a bad problem to have.) Advice regarding timing of such a switch would also be appreciated. Thank you.
Read Answer Asked by Maureen on January 05, 2021
Q: Peter - happy new year to you and the 5i team! Thanks for your great service.

I have been interested in this stock for some time but have held off purchasing shares simply because it seems to be very thinly traded. Today, for example, even with National Bank raising its target to $45.50 per share, there is a bit of a bump in volume but still a $1 spread between bid and ask.

What's up with this stock and how should one purchase shares given its weird trading patterns? I usually use limit orders but a bit hard to find a suitable buy price with this one.
Read Answer Asked by David on January 04, 2021
Q: Hi Team,
I am looking for some of your best ideas for a 2021 tfsa addition, US and/or cnd in any sector. I am looking for something with multi-bagger potential long term, that is "expected" to be strong into the new year. So far my tfsa is weighted almost entirely tech, which I am ok with with the focus of growth. I was thinking about XBC, but am not committed to that choice. Thank you for your great service!
Shane.
Read Answer Asked by Shane on January 04, 2021
Q: Hi 5i
What does the complaint from Blue Yonder against Kinaxis look like to you? I don't know if there has been any clarification yet but my feeling from what I have read it seems Blue Yonder is tooting it's horn for publicity.
Anyway just wanted to thank you again and to all the members who make contributions with their questions and comments.
Peter
Read Answer Asked by Peter on December 24, 2020
Q: I read your answers about Topicus shares from the CSU spinout. I have 50 CSU shares, so at a rate of 1.859817814 I would get 92.99 Topicus shares. You can't get any closer to a whole number than that. From what you said the number of spinoff shares is rounded DOWN. So even with 0.99 of a share they won't give me a whole share of Topicus? So I would end up with 92 Topicus shares plus some cash?

By the way, how/why did they come up with such a fraction? Why couldn't they just make it simple: you get 2 Topicus shares for every 1 CSU share (and then work backwards to make the math work)?

Paul
Read Answer Asked by Paul on December 23, 2020
Q: I forget to ask another question about CSU shares. My CSU shares are on the US side of my non-registered account (so that I collect the dividend in US dollars). With the spinout of the Topicus shares are there any ramifications of having the CSU shares on the US side of my account? Will the "dividend" be calculated in US dollars or CA dollars (given that they pay their regular quarterly dividend in US$)? Should I journal the shares back to the Canadian side of the account? If yes, is it too late to journal them back to the Canadian side of the account given that the ex-dividend date is Dec 23rd, and my broker wouldn't complete the journalling transaction until Dec 24th or after Christmas?

Paul
Read Answer Asked by Paul on December 23, 2020
Q: 1) Is today the 22 of December the last day to buy shares of CSU and get Topicus shares?
2) When do the Topicus shares start trading on the Vancouver exchange? Would it
be on the dividend date Jan 4?
3) The last release said, "the common shares of Constellation will commence trading on an ex-dividend basis at the opening of markets on December 23, 2020. "
Does this mean that CSU will start trading tomorrow at a discount to reflect the Topicus shares without Topicus trading?
Thanks for your great service.
Read Answer Asked by Herm on December 22, 2020