Investment Q&A

Q: Canaccord is near a yearly high, do you think it might be an opportunity to sell it.

Q: Hi guys,
What are your current thoughts of DOO. You had a B rating on it in a previous report. The share buyback was suppose to be over in July, but recently I keep seeing more insider buying. Is this new or a continuation of the previous major share repurchase announcement. You commented in the report about their engine division (rotex?). I believe their are making these for Scarab jet boats now. Any guidance on the sale of those boats and how that 2015 sale panned out for increase engine manufacturing now that it is out of their SeaDoo brand? I hear that this engine is the best for small jet boats, so perhaps with the good marketing of Scarab, sales could be in a better trajectory. There has been good price movement in this stock lately, but I am nervous about going into a consumer based manufacturer company. You had also commented on large USD based debt in the report. As of late currency swings could be more relevant to earnings. (Also- full disclosure- i want want for me lake Huron Cottage) i could be biased. Thank you.

Q: I thought perhaps CGX would gain some $ after Tax Loss Selling. Any reason for the continued selling, for instance today? Or is this to be expected?

As always, Thank You

Q: Hi Peter, Ryan, and 5i staff,

For my son's 2018 TFSA contribution, please rank these stocks and one ETF in order of preference: GSY, AVO, TOY, SIS, MX, XEU. He already holds SIS (up 216%), TOY (up 50%), and MX (up 34%). He holds no European stocks and very little outside of Canada, so I think that XEU could achieve some extra diversification, with a further advantage that it's a "commission-free" ETF with Scotia iTrade. Any other suggestions would be most welcome.

His other holdings include BCE, BEP.UN, BNS, CAR.UN, ENGH, GUD, KXS, NFI, PBH, and TRP.

Thanks for such great advice! There's no way we could replicate such results without 5i at our side.

Q: Hello Peter and team,
Further to my question you just answered on my grandaughter's RESP, I'm thinking of selling GSY (its up nicely) and buying a bank stock like BNS. I am concerned as there are are no large caps in the portfolio. What are your thoughts on this? Thank you.

Q: What sector do you see most opportunity in 2018 and top 3 names in the space?

Q: hi peter, do you still like it and would keep holding. this is getting frustrating and tempting to sell at loss (may be bottoming ) as oil is rising but stock is dropping. why is it not participating. otherwise, may be should be looking for a better candidate. thanks for sage advice, as always.

Q: I'm about to transfer stocks from RRIFs to TFSAs, and am wondering which of each pair below has the best growth possibilities:
1: PKI vs CCL.B
2: SJ vs MX
Thanks for your great service!

Q: I've been a long time holder of Constellation Software recommended by you. Thank you so much.

My question is in regards to the companies that Constellation acquires. I notice only a few deals through press releases, but if I were to go into the quarterly statements I see way more companies being acquired. Why is Constellation being selective and only publishing some deals and not others? Is there a criteria for this or is it just up to them what they disclose to public and shareholders?

Q: I currently hold a full + position in TSGI mostly in non-taxable accounts. You have chosen GC for the Balanced Portfolio - presumably you prefer it to TSGI. Could you please explain why.

Thank you as always.

Q: Please advise what your top 3 picks would be for a TFSA with best one first regardless of sector.
Thanks

W

Q: I saw Ryan's pick of Descartes on BNN and wonder if you can comment on what catalysts you see for this to go a leg up? My admittedly basic technical analysis doesn't suggest any upward movement so I assume this is underpriced based on fundamentals. My question then is when do you expect it to move and what factors will cause the stock to move upwards?

Q: Hi 5i,
I have the following in my Can. cash acct. would you suggest any to be moved to my TFSA in kind, for tax reasons? Would be $5500 for 2018 contribution. All have done well in growth and I look forward for them to continue.

Thansk kindly,
PS

Q: I sold GUD for tax loss purposes. Trade date was Dec.18, settle date was Dec.20
What date can I repurchase it?

Q: good time to add to a half position??

Q: Hello,
BOS is down 5% this morning. Any news? Is it a buying opportunity as its valuation is low?
Thanks
Victor

Q: Is this a good entry point after recent steady decline?Thanks for U usual great views & services. Eagerly awaiting U monthly update

Q: After being a laggard for most of 2016 &2017, Sylogist shares finally picked some momentum after release of last quarterly results in December, probably due to renewed optimism about company's outlook for 2018 and beyond. However, market interest seems to be fading out as reflected in share price falling back to $9.50-9.75 level (below where it started last year). I do understand that no analyst covers the co. and stock has low liquidity. Over past 4-5 years, since we started investing in the company, it has produced decent returns for us including respectable dividend growth each year, but I am wondering if it's time to lighten up (6-7% of portfolio) and deploy funds elsewhere. Unless, of course, if there is a compelling reason/potential to hold. Thanks

Q: Charts show Enghouse's trend line becoming parabolic . As happy ( finally ) as I am about this , is it best to exit here ( small position ) , or do you see ENGH continuing upward ?
If you recommend selling , do you recommend my adding these funds to KXS, CSU, SHOP, DSG , other ( which ? ) ... or is the whole sector becoming vulnerable ? Thanks for your help.

Q: I plan to shuffle my RRSP to include your Balanced Equity Portfolio and the three ETFs above. Would you recommend any exposure to bonds through a fourth ETF?