Q: After holding on through all the volatility, I now have 9.5% of my portfolio in AYA (an average of 100% gain). Given the news since your update review, do you feel AYA will hold on to its gains and do you still rate this as a B+ ? Although I like the idea of sticking with winners, I suspect it would be prudent to pare back (or eliminate??) my holding. I have many of your BE portfolio picks as well as some from your Growth, but none are at a full position. Currently, I hold AYA shares in TFSA, RSP and Unregistered accounts. Your thoughts/suggestions would be much appreciated on what (if any) % to keep holding and what to do for replacement. Many thanks as always.
Q: I have half positions in both of these companies in a cash account. I have a large gain in aya having held since 2013 ( sold 2/3 at or near peak ). With Great Canadian stock , I sit at even from what I paid. Should I keep gc or aya at this time since I am needing cash.
Q: Point North is trying to control the board, a move which cannot be justified by their level of ownership.
I suppose the first question for the shareholders to consider is whether the existing board and management are doing a decent job. Do you have an opinion on this point?
If the incumbents are OK, I think that there would be no reason to give Point North's predatory demand any consideration.
Q: Can you rank the stocks best to worst in your opinion. These are the stock s that are in my healthcare sector which is 8% of my current portfolio. Would you add, swap or remove any of them? I am unsure of CRH. My portfolio holdings/thoughts are very similar to your BE Portfolio. Thank you
Q: Alex Ruus on BNN said CLL was too expensive, and he would maybe sell at this point. He's not the first I've heard saying it was very expensive. It seems to me that your position has always been that the top stocks deserve a premium, and I've never read you advise one be sold due to price. Is this a general philosophical belief? Ie., never sell a good stock even if it is overpriced?
Q: Good day 5i, question relates to Badger and the short position. Watched Badger in 2014, and missed the boat by not buying. Now with the Chicken Farmer and others extolling the (negative) virtues of BAD, wondering if it's time to watch again and to pull the buy trigger on another probable dip. So, can you tell me the % of float currently shorted (realize the farmer may have covered and moved on...) as it may give a possible direction.
Q: Would you be comfortable with TPK now?and is the dividend safe.
You mentioned before that it might be a takeover target...why do you think this?
Also with a new facility coming online is there so much extra demand for its product or is it gonna be overcapacity?
Would you prefer something else in the space?
Q: Hi, I would like to know if you think Csh.un is fine to keep. Fortunately i'am up 37% so thinking of selling for the profit.
Could you tell me if Csh.un is fairly valued and has some more upside, or should I move on, and what to replace it with in the same sector. I also have Sia. And I do like the dividend.
Thank great work,Brad
Q: Is the drop in value of ECI in line with their earnings miss? Seems like a bigger correction than one would expect. I've read your comments from last week, but wonder if today's price action may alter the view at all?
5i Research Answer:
A couple of notes, first.
Badger has a much longer public history than PSN. We have heard the 'no competitive advantage' argument against BAD ever since it went public.
I often had to deal with hydrovacs trucks. One day I was driving around a clean Harbors super - who had worked as a BAD foreman for a few years before. We were looking at a couple of his C.H. hydrovacs doing a job. He pointed out to me that for the same job, the BAD trucks would have been in and out of there in 4 hours while the Clean Harbors trucks which were there sucking for over 8 hours were not done yet.
Feel free if you want to use
Have a good week! Dom