Investment Q&A

Q: I've been coasting along with Manulife for a little over a year and am thinking about bailing. Other than higher interest rates (which haven't helped so far), do you see any catalyst in the next year that should move the stock higher? What other financial would you replace it with if you were to sell (the only Canadian bank I currently own is TD for 2.6% of portfolio).

Thanks
Peter

Q: Would you comment on ICE on the NYSE, please. It has performed nicely since 2015 and wondered if their earnings, etc. bode well for the future. -- i.e., justify continue to hold in this market? Although it's been a "bit rocky'", it certainly hasn't suffered inordinately. (Is there a better Canadian alternative?)

I am wondering which sectors are good for "parking" money at this time (that is, to avoid the crazy volatility of tech, for someone who is always heavily weighted in tech). Is gold a good alternative?

Please feel free to deduct points as appropriate, since this is a two-pronged question.

Q: Any thoughts on the recent sell off. I used the volitility to to take a half position today. Would you recommend filling a full position at these levels? Thanks

Q: About to sell this real loser, however I do respect & appreciate your opinion. Have owned it for nearly 3 yrs & while rising slightly at one point during a momentary pop-up in Jan-Feb of this year, it has now dropped 25%. Before dumping, I thought you might have a contrarian position as its book V is nearly $8.50. Thank you.

Q: 11:56 AM 4/3/2018
I own RY, CM, BNS, and some TD, and they comprise nearly 20% of my income-oriented portfolio. It is often suggested that I should own shares in one or more insurance companies, but I think the big banks are already in the insurance business so I believe I am already am invested in the insurance sector.
Would you think I need to buy some SLF?
Could you please give me an estimate of what proportion is in insurance business in each of the big banks.
Thank you............. Paul K

Q: Hello,
Could you please comments on CBL earning, valuation and outlook. At current stock price, is it worth hold?
Thanks
Victor

Q: I searched your data-base for TRV and got comments on Trevali mining; Hmm!
Travellers seems to be a great performer based on its price history and dividend increases. What is the 5i opinion.
Greg

Q: I am doing a bit of spring clean up on my portfolio. My question relates to insurance companies. I have a 3/4 position in Sun Life and 1/2 positions in Manulife and Power Financial. Manulife was purchased for its Asian exposure and Power Financial for its European exposure and its dividend. What insurer would you eliminate and is there a reason to keep more than one Canadian insurer?

Q: I seem to have gotten overweight financials in my US portfolio. i currently own JPM, VISA, Etrade, Paychex. I do prefer to hold a basket in each sector as i don't like single company risk. What would recommend, trim each or could you list these in preference order of best to own. I like them all for different reasons so i am struggling to make a decision here.

Q: Fiera is paying the quarterly dividend on May 2nd. If they were on schedule, this would have been paid on March 15th. Just wondering if the gap in time is included in the May 2nd payment?

Q: pls comment on todays earnings release AGF

Q: Of the top 6 Canadian Banks, can you rank their exposure to the US from the least to the most exposure?

Q: Can you comment on their recent earnings release. Thank you. Joe

Q: What do you consider be a successful auction? Please provide exemple of good and bad auction. Is it based on price or the willingness to shareshoders to let go shares!!!

Tx

Q: I am getting concerned with this company. The price ia trading lower than the price the company is willing to pay with Ducht Auction!

Q: Trying to access whether or not to continue holding my position in Manulife. There are so many conflicting views. Rising interest rates should support the stock. What is your view on the problems within the co as well as any affect the trade war will have its business in Asia. I’m an income invested plus preservation of capital.

Q: Q: What are your thoughts on ECN? Is it a reasonable buy at this time? Are the dividends of the prefered shares, series A and C reasonably safe? I very much appreciate your expertise and insight.

Howard

Q: Would you be comfortable with a 3% position at this time (new position) or should I wait until it settles a bit ? Also, can you please comment on the payout ratio, sustainability of the dividend and the quality of the management team. Will the current share price make it be harder for them to make new profitable acquisitions ? Thank you.

Q: Hi 5i team
What would be your opinion of the Callidus review by Lawrence Delevingne and John Tilak issued today. I have held this stock for a while and I am down on it enough to feel uncomfortable but I can hold on for years if that's what it takes. I feel the picture painted is one sided in this article but the stock does not have any support, so this does back up the reporting. I was going to wait to see what earnings come out like. Maybe I should cut my losses and move on now and admit to myself that this stock was a misstep. Also what do you think of Mr. Glassman's management style/history is it worth the risk for reward. What type of buyer would be buying this stock at todays prices in your opinion. Thanks for your help. J

Q: Add hold or sell?