Investment Q&A

Q: This question concerns a well diversified Canadian portfolio (~30 holdings), focused slightly toward growth.

Looking to add to positions in ATZ, DOO, BN, BAM, GSY, KXS, TRI, PBH and T as well as initiate a partial position in WELL, all for long term holds (5+ years).

Would you rate any of these as a wait-and-see rather than a buy today? Please rate (1-10) in terms of your conviction to buy today, along with suggested target buy range [great, okay].

Thank you.

Q: I originally purchased this stock reluctantly on the advice of my (then) advisor. I've never been a fan, as they seem to bounce from one crisis to another and have been stuck in a trading range until the recent hiring of Mr. Doyle; the trading range so far appears just slightly higher. There seems to be lot of investment advisor/analyst support at odds with my view. I am rethinking this position in my portfolio now I've no advisor, and am trying to decide if this one is worth keeping in my Consumer Cyclical group (currently underrepresented overall). I am interested in growth with this stock more than the dividend. Would appreciate your thoughts as it resides in your Income Portfolio. If not QSR then what is a plan B in this sector? Thanks very much.

Q: Hi 5i, can we have your thoughts on this mornings inflation numbers out of the US?

Thx.

Q: We hold L and up 90%
Would you endorse swapping L in exchange for NWC ?
Correct if wrong but NWC seems cheaper in terms of valuation.

Q: I'm very confused by the reaction of investors to these 2 stocks,maybe you guys can clear it up for me!!

Q: I'm down 50%+ in these positions in a registered account with a 5-7 year time horizon. Which of these would you suggest I sell and which would you consider holds? Please offer better alternatives in the same sectors for the sells. thanks!

Q: Hello 5i
For NTI you have PE at 5.6 and price at $76.87. This would give the EPS at $15.37 Yet you state EPS at $5.00. Why the difference?
Also, for FSZ, using the net income of $58,499 and dividends paid of $88,183 the retention ratio is -50.74. However using Operating Cash Flow of $143,814 there is retention ratio of 38.68%.Thus in the first instance, to cover the dividend there would be increased debt but in the second instance all seems well. Do you prefer using Cash Flow in this instance? Please take as many credits (if any) as required
Thank you
Stanley

Q: Fantastic(?) results, catastrophic stock slide. Why?

Q: I am thinking I would sell RIF and replace it with SIS. At a cost of $20 in trading commissions. Would this move receive your blessing?

Thanks.

David

Q: Wondering what your preference would be given recent earnings, yield, growth etc.

Q: Which Canadian large cap companies benefit most from low natural gas prices? Of these, which ones, if any, are a good buy at this time?

Thanks.

Q: Can you provide an updated outlook on this stock. Reading your limited Q&A on the stock over the years it seems debt has always been a concern of 5i but it has always been noted as "cheap".

Reading more about the company it seems they are a "serial acquirer" of cheap companies (14) over the years this seems to have gone well for them any they buy back shares.... any updated thoughts?

Q: Hi 5i,

I have owned GOOS for the past 3yrs and I am questioning the company's prospects moving forward giving their performance and their dependence on the Chinese economy for growth.

Considering replacing GOOS with ATZ. Management seems to execute well and their track record of growth is impressive.

Would appreciate your thoughts.

Thank you in advance.

Q: I am trying to high-grade my portfolio to reduce the number of holdings down to about 25. I own this company in a registered account and while I am up on it, I wonder about its future growth. A while ago, you dropped PRMW as you felt there were better opportunities elsewhere. Do you still hold this opinion? Would you expect your answer to change depending on their quarterly report next week? Finally, what category do you place the company in as there seems to be some discrepancy between your last report (Con Discretionary) and the Industry database (defensive)?

Appreciate your insight.

Paul F.

Q: Please rank these companies on an expected total return basis for a 3 to 5 year hold. Some commentary would be appreciated. Thanks ram

Q: Can you contrast both the fundamentals and prospects for these two companies.Which would you prefer ?

Q: Is there too much overlap in owning both Nutrien and Mosaic? Does either standout as having a brighter future going forward you think? Thank you

Q: Hi, What is your view of Linamar? You seem to prefer Magna, can you compare them?

Q: Hello
Wondering what to do with Magna? Before the big fall it looked like Magna was doing a little better than Linemar, at least by chart comparisons. I can book a fairly sustantial tax loss with Magna, with the idea of buying Linemar as a placeholder for 30 days and then buying back. I am a little worried, though, that L may suffer a similar fall. I am also wondering whether L would be a better stock to hold? Also wondering about timing. Would it be better to let Magna settle a bit before switching or do it right now? I would appreciate your usual excellent thoughts and advice on this question before making a decision.
Thanks

Q: I have in my wife's TFSA: BIP.UN, SIS, SPB, STC and ETF XIT. First 3 holdings for long time. STC down 78% - ouch, XIT about even now but holds two dogs LSP and SHOP. Was thinking of selling STC and XIT and buying AD.UN and KMP.UN. We are holding $72K in cash as well. Ideas/suggestions appreciated. She already owns GSY and GRT.UN in RRSP - purchased last year. A lot of stocks are up a fair bit - so, do not see any bargains.