Investment Q&A

Q: I administer a small RIF account for a relative. Time to make some changes as it's in a negative position. Three stock are in the negative, and 2 have done well. That changes do you recommend for a growth portfolio? (Time horizon: about 4-5 yrs.)
Cost Price Value % loss % portfolio
ACQ 58.47  31.79 1,017.28 -45.63% 4.56%

QST 3.55 2.36  3,540.00 -33.46% 15.86%


HCG 51.2 42.47  4,247.00 -17.05% 19.03%


OTC 59.77 69.96  6,996.00 17.05% 31.34%


AVO 15.52 21.39 6,417.00 37.79% 28.75%

Loss
TOTAL 22,217.28  -3.17%

Q: Hi 5i Team!

With the recent correction in lumber stocks in the TSX, what would be your top 2 preferred names in the industry and why?

Thanks for the great service!
Angelo

Q: What do you think of Yellow Media? Is it a buy?
Thanks!

Q: Goodmorning Peter and Team!!!! It's minus 9...got the reggae playing and am eyeing the shorts and flip flops...please tell me that this weather has to improve. On that note, what are your thoughts on Brookfield Asset Management? Is it a buy at this level or should I wait for a pull back? Thinking warm thoughts, Tamara

Q: What Canadian Companies benefit from Low Canadian Dollar and have lots of sales in USA. I thought of CLR,SAP,HLF, GIL, ADT.B,MRE, DRT,TD ( with US branches and Ameritrade ),Lumber WEF.
What are others and what do you think of names above?
Bob Kirvan

Q: Hello, when I step back and review my investing style over the years I come to the conclusion that I am:

1. Too chicken to buy gold
2. Too greedy to buy utilities
3. Too bored with telecoms.

Do you think it is ok or possible to be properly diversified without holding any of these sectors? Or should I seek therapy? Thank you.

Q: Can you please comment on their latest figures and short-term prospects. I've held it for a long time and have a nice profit. I'm wondering if there is much more upside or I'm better off with cash for something more worthwhile. I don't really need the money otherwise.

Thanks to everyone on the team.

Q: How do you feel about this ipo?

Q: Nobilis reported what appeared to be robust Q4 results this morning, and the stock soared 20% in response. What are your thoughts on this name now, bearing in mind that you wrote back on Jan 18 that you had trust issues with some members of management. Have those concerns been alleviated since you wrote this, and if not, would your concerns be sufficiently great to steer investors away from this name at this point, or would they simply prevent you from fully endorsing a purchase? Thanks.

Q: Which company would you choose for a 3 to 5 year time horizon between sylogist and avigilon, disregarding sylogist's dividend, thanks

Q: I like the idea of international exposure but my preference is to hold Canadian listed companies. Can I get a list (maybe 5 to 10?) of 5i covered companies that have the best international or US exposure?

Thanks in advance!

Q: Can you comment on their latest earnings. thanks

Q: Do you have a favorite beaten up high risk stock? I'm looking to flip a loser for another loser (tax loss selling). Thank you!

Q: Hello, could we have your thoughts on the current valuation and prospects for Savaria. It is approaching 6 per cent of my portfolio which is pretty high for a company of this size I think. Thanks.

Q: I have two stocks- in my portfolio that are to my mind dogs. Bombardier and Canadian Oilsands- like most investors I am slow to get out of the losers- but there does come a time. Neither position is that large- not after the recent debacles, now I'm thinking I should put these two behind me and move on. Your thoughts.

Q: Previous question on REBALANCING still pending?
My RRSP is heavily overweight in Financials (35 %) and Tech (25 %) and I would ask your advice on the three positions that are considerably down AVO,SYZ,SGY.
Would you consider trimming all of the banks and adding to healthcare or consumer products ? Should I hold these three or add to them with the depressed prices and the Energy sector as a whole
Thanks for your input
Peter

Q: Can you give me your opinion on NYX Gaming Group? Thanks

Q: Pli volume yesterday was 22,463,456 compared with a 2,500,000 average(Aprox.)with kind of volume one would expect the price to go up ( no bad news), but it went down. Does this seem strange? How would explain the relation ship between volume and price with no bad news in this case. Is this pure manipulation by the 'big boys'?
this service is great
as usual thanks
Yossi

Q: Greetings 5i and thank you for your great service. I read your recent and excellent article in the Financial post.I currently hold 39 stocks in my portfolio.
I am holding all of your model and income and portfolio stocks except:
FLOT, AYA, CSU, and Magna.
In addition I am holding:
BYD-UN, ECI, TMA, DHX-B, GC and GWO
I understand the point and concept of only holding 20-30 stocks for diversification purposes and beyond that number it won't make any difference.
Each stock represents 2-3 % of my portfolio and I have done very well since joining 5i in 2012 (THANK YOU)
My current losers are FM, BDI, SGY, TMA (flat) and SYZ
My question is two part related to the Financial Post article: Do I need to pare down my portfolio to 30 stocks, will it hurt me to keep all and do I sell my losers to achieve the 30 stock level?
I am retired but I am not worried. I survived the 2008-2009 meltdown.
Many thanks!
Martin

Q: Hello Peter & Co,
Does it make sense to invest in US$ when one does not have any US$?
It would have been OK if I had converted a portion of my RRSP/RRIF in US$ when the CAD$ was at par. If I do so now, I would lose 25% or so right off the bat; mind you, I would regain my F/X loss when I sell the security +/- the exchange rate at that time.
But...Would I get a better return from US investments?
The 5i Model Portfolio had a return of 80 to 90% since its inception; ditto for Jason Donville’s Capital Ideas Trust, adjusted to the same start date. These 100% Canadian portfolios have inspired me a great deal and, consequently, my RRIF Portfolio of 40 diversified holdings generated around 60% over the same time period, which I believe is quite respectable.
Is any additional return from US investments worth the additional F/X risk?
Thanks,
Antoine