Investment Q&A

Q: Hi Team,
Have you had a chance to look into GSY's deal with Canada Drives? It seems like a good move to me by the company. How successful is "Canada drives" with sales? I have never heard of them until now but apparantly they are Canadas largest online car sales platform.The stock didn't seem to get any big love from the announcement. On another note...GSY continues to amaze me how this company is not worth so much more. P/e shows 10.6 on my platform, growth has been solid and proven for many years now and the loan book growth is now going parabolic the last year or 2 as it reaches scale it seems. Dividend growth has been stellar. Yet...I rarely hear it talked about by analysts on bnn or elsewhere. Do you feel it is still relatively "unknown?" Or is the company just being given a cold shoulder by many that view it as a predatory lender? To me the company checks all the boxes a person should be looking for, especially in the inflation environment when it comes to valuation and dividend growth, earnings growth. People can say what they want about recession scares with this name, but they have been there and done that have they not? 2020 they proved their business is resiliant. Your comments on all this would be appreciated. Thanks!

Shane.

Q: Can you speak to GSY financial stability and how a struggling economy could effect them / how much of a concern is defaults.

Q: EGLX is seeing Greywood Investments , their largest shareholder taking steps to replace virtually all current directors with a slate of their preferred people at their July AGM. EGLX responded with new appointees, none from the Greywood list.
Would you provide your thoughts on this matter ? Also, how would you expect the different scenarios to affect the share price ? Thanks.
Derek

Q: Hi folks
If not owned anymore, should one re enter the stock now or before the split on the 29th? What weighting would an investor with an appetite for growth as part of a balanced portfolio start at? Or should we wait for the dust to settle?
Should we buy in US or Canadian?
I did very very well with SHOP in the past....thanks to you.

Q: Today CIBC downgraded DSG to neutral. Do you agree/disagree with their reasons for down grading.

Sheldon

Q: Hi Peter
In May, 5i sold 1% of ZRE from the income portfolio. Is there a specific reason for this sale ? ZRE dropped significantly in the few months. Is the sale linked to the drop in value ? Do you still recommend purchasing ZRE ?

Q: A question on ATZ from the 5i Balanced Portfolio. Winnipeg-based portfolio manager Jamie Murray had an interview published in the GAM on June 25 and he said ATZ has no debt and is buying back stock. Can you please comment on ATZ's debt and are they actively buying back stock?
Thanks!

Q: Based solely on fundamentals what price should this be trading at and what metric do you like to use.

Q: Bam.a is now down 27%plus ytd.Are their any catalysts on the horizon ?What needs to happen to see something positive happen with this share price.

Q: Since the announcement of accounting changes this year for insurance contracts, it seems to have accelerated the downward movement of this stock's price. I'm trying to understand if this is a short term impact, or ongoing.

Will there be a point where the (theoretical) positive impact of rising interest rates put the brakes on the decline?

In the past I've heard the narrative on insurance companies that they can simply keep raising their premiums when business is negatively impacted. Not sure if you agree with that. I am a long term holder and am trying to decide whether or not to bring my weighting of this company back to 5% after its recent decline.

Q: Good Morning 5i Team,

I hold TOI, CTS, ENGH in one account as my small cap technology allocation. Price action of course has been brutal since last fall. Would you continue to hold all three names or would you recommend getting rid of one or more ?? Would you add to any ?? Do you have any alternatives that may have better risk / reward in an eventual tech recovery ?? Thanks very much for your help. DL

Q: I purchase this stock in 2019 for 50.00 a share. It just keeps dropping and dropping.
With it now around 17.00 per share, is it finally a sell?
If so, is there another stock that could be purchased to hopefully make up some of the losses.

Thank you,
John G.

Q: Would you recommend holding REIT's or insurance companies such as IFC in a rising rate environment?

Q: I would like to have your view on Aecon in a recession environment.
How is the balance sheet compared to the company's debt.
Would you recommend buying the dip here

Q: Would you be able to give some thoughts on the recent price action of NTR? I had wanted to pick some up, but waited for a pull back. Got some under $130, saw it pull back some more and got some more at about $120. It's still dropping however, and I'm a bit perplexed as to why it is dropping. Thank you.

Q: Hi, kxs is around half from its high, I have about half position. Would you wait till the market settles on tech stocks, or are you confident enough on kxs that now would be a good time to buy more?
Thanks

Q: I hold WSP from 5i's Balance Portfolio and wonder if this stock is over priced in this market with a forward P/E of 22.8x (according to Koyfin). Just prior to COVID in January 2020, WSP traded around $96 and now it is about 40% more. Is WSP over priced in this market? What is their main focus on the consulting front?
Thanks!

Q: For a 10 year hold, if you were to buy 8 stocks from the BE portfolio today, what would they be?

Q: Good morning,

I bought BAM.A at $63.00 and would like your opinion on averaging down at some point
I hold this stock in my RRIF and TFSA.
I am invested in the Balanced ETF Portfolio complimented with Canadian blue chip stocks for income and growth.

Great service.

Carl

Q: I see good value in each of these companies and am planning on taking a position in one of them.
For a 3-5 year hold in my TFSA, which would be your choice and why?
Thanks, Rick