Q: Bought MG about two months ago and down 15%. I suspect in part it's due to the global chip shortage. If this is indeed the case, I am not reassured by NVDA's recent comment that they anticipate the chip shortage to last through to the end of 2022. To what do you attribute the decline...and when - and why - would you anticipate a turnaround? Is MG a buy, sell or hold? Thank you.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
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Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ $6.61)
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Exchange Income Corporation (EIF $65.53)
Q: can you compare eif and fsz for diversity and long term income. are there any other that you would suggest
Q: Presently have a 2% position in WELL. Your thoughts on trading for ECN for growth. No taxes payable with this transaction.
Thanks. Peter
Thanks. Peter
Q: Hi, we have a small <1% holding in Well Health. Stock does not seem to gain traction over $7-$8 level, despite great news time to time, over past 2 years. I know, you have a lot of conviction in the company, based on the CEO's past record. Even the last news of their majority share holder and HK business tycoon, snapping company's shares @ $9.50, during a private placement. My question is that is the stock worth holding due to its growth potential ( despite not so impressive price movement ) and if so, do you believe, it could reach $9-$10 in next 1-2 years. Or, we should be patient, expecting a buyer, at some point in the future.
Thank You
Thank You
Q: Hi 5i Team
I see your Balanced, Growth and Income Funds annualised return since inception are 16.6%, 11.8% and 6.8%, respectively.
If one was to have a portfolio of a mix of these Co’s - banks, utilities and then Co’s like WSP, TFII, etc…..modelling out future returns what annual return would you use?
16.6% is obviously too high and 6.8% a bit low….is using 8% realistic?
Thx
Cam
I see your Balanced, Growth and Income Funds annualised return since inception are 16.6%, 11.8% and 6.8%, respectively.
If one was to have a portfolio of a mix of these Co’s - banks, utilities and then Co’s like WSP, TFII, etc…..modelling out future returns what annual return would you use?
16.6% is obviously too high and 6.8% a bit low….is using 8% realistic?
Thx
Cam
Q: Lots of questions about this one.
One argument I've heard for why the stock isn't up on the dividend news is that the dividend isn't tax efficient for US holders, who evidently own about 40% of ECN float. That coupled with the embedded gains and worry about taxes increasing has them selling now, and the CDN demand for those shares being sold isn't enough to push the stock price higher.
If this is true, it may limit the near term opportunities even after the dividend if Americans feel burned that they didn't get a good deal out of a great deal made by ECN.
That all said, I've added to my already large position due largely to management and they're proven abilities.
My 2 cents, curious what you think.
Cam
One argument I've heard for why the stock isn't up on the dividend news is that the dividend isn't tax efficient for US holders, who evidently own about 40% of ECN float. That coupled with the embedded gains and worry about taxes increasing has them selling now, and the CDN demand for those shares being sold isn't enough to push the stock price higher.
If this is true, it may limit the near term opportunities even after the dividend if Americans feel burned that they didn't get a good deal out of a great deal made by ECN.
That all said, I've added to my already large position due largely to management and they're proven abilities.
My 2 cents, curious what you think.
Cam
Q: Have followed this stock for years and never owned it I saw the G& Mail article on the recent executive change. Do you expect this event significant enough to purchase the stock, thinking that the pace of acquisitions will pick up ? Thanks Derek
Q: There is an in depth article on Knight, Samira Sakhia and Jonathan Goodman in yesterday's Globe and Mail. Would you post it for me? Not sure how:).
Very important info for Knight faithful (like me!).
Very important info for Knight faithful (like me!).
Q: Good Afternoon:
Further to Allen's question on the company's valuation post $7.50 dividend, does the market's then valuation of $2.60 per share accurately or fairly value the remaining divisions of the company considering their recent performance and that some debt may be repaid?
In that context, what factors in your mind exist or what positioning or news releases can the company make to mitigate the share price dropping by the amount of the dividend.
Lastly, aside from the direction of the general market in the last week or so, do you see the recent drop in share price as over reaction?
Thank you!
Ian
Further to Allen's question on the company's valuation post $7.50 dividend, does the market's then valuation of $2.60 per share accurately or fairly value the remaining divisions of the company considering their recent performance and that some debt may be repaid?
In that context, what factors in your mind exist or what positioning or news releases can the company make to mitigate the share price dropping by the amount of the dividend.
Lastly, aside from the direction of the general market in the last week or so, do you see the recent drop in share price as over reaction?
Thank you!
Ian
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Constellation Software Inc. (CSU $4,998.97)
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Descartes Systems Group Inc. (The) (DSG $139.84)
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TFI International Inc. (TFII $124.39)
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BRP Inc. Subordinate Voting Shares (DOO $69.64)
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Premium Brands Holdings Corporation (PBH $82.86)
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goeasy Ltd. (GSY $170.20)
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Boyd Group Services Inc. (BYD $214.03)
Q: I have enough money to top up one of my positions and bring it closer to 5%. These are the candidates. I am diversified, but maybe a little tech heavy. I have Topicus at 5% All are in my TFSA, so a growth tilt is appropriate. But I'm stuck in analysis paralysis. Does any one of these jump out at this time as a particularly good candidate to top up. I know you like them all, so I guess it is a bit like picking your favourite child. But go ahead and pick. Your insight will be appreciated, and much better than me flipping a coin.
Q: Since the special dividend announcement of $7.50,ECN has dropped to $10.10.Does this mean the market only values the stock at $2.60, post dividend?
Q: Big bounce today on no news! (?) I've owned this since joining 5i. It has gone in and out of market favour but I've always enjoyed the dividend. I've been picking up dividend stocks for the last year and done well but I am not expecting a lot of growth from them from here. SYZ should get some decent growth and the yield is healthy. I like the SaaS field and this being tied to government work - which seems a way to get some beta away from the market business cycle. Does it really fit this bill? Yield makes me patient how do you see it over all?
TIA
TIA
Q: I've just started to look into GUD and I'm trying to understand why the shares have been trading down since 2017. From what I can see, earnings and revenue have been climbing, they've beaten EPS estimates the last 5 quarters, insiders are buying, the company is buying back shares, management has a good track record....what is the bull thesis or what am I missing?
Q: Further to my Aug. 18 question, you replied net income for the quarter was $2.1 B and all numbers in the billions. Understandable since if you read the bottom part of their news release it presents the numbers but fails to change an earlier heading, what I'm taking as a typo. CEO states in the body "Net income of $2 million and $5 million for the three and six months ended were higher than the comparative periods due to..."
So it's $2 million vs a $1 million loss last year. I know it's unaudited, but do you ever see this kind of error? Link: https://www.5iresearch.ca/company/tsx/BAMR
Is the reason you selected TSU over BAMR for the growth portfolio simply because the latter is new?
So it's $2 million vs a $1 million loss last year. I know it's unaudited, but do you ever see this kind of error? Link: https://www.5iresearch.ca/company/tsx/BAMR
Is the reason you selected TSU over BAMR for the growth portfolio simply because the latter is new?
Q: Is buying ECN shares considered “dividend shopping” in light of the $7.50 special dividend announced recently.If I remember from the answers to the questions on ECN, 5i mentioned that the stock may drop by $7.50 ex-dividend. If that is the case, although not guaranteed, why would anymore consider buying ECN shares other than for the special dividend and unloading the shares a few days after unless 5i believes that the stock has some growth potential groins forward. Thank you for shedding light on this matter.
Q: I believe I made an error and wish to clarify. The annotations on the charts I keep show you initiated a new position for AT June 2nd @ 2%, and yesterday you suggested you were adding to that position to a 2% total position. Was the initial position only 1%??
Q: I have done well with GSY ( thanks very much) and would like to add to my position. What in your opinion would be a good price to add new money?
Q: Leon's pays a regular dividend of $0.16/share/quarter and has also announced a special dividend of $1.25, both effective Sept 08/21 (DOR).
All else being equal, my understanding is that on the ex-div date the share price should drop $0.16 due to the regular dividend. Is the same true for the special dividend....in other words should we expect the share price to drop $1.25 as well?
Thanks...Steve
All else being equal, my understanding is that on the ex-div date the share price should drop $0.16 due to the regular dividend. Is the same true for the special dividend....in other words should we expect the share price to drop $1.25 as well?
Thanks...Steve
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Park Lawn Corporation (PLC $26.48)
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WSP Global Inc. (WSP $281.50)
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Descartes Systems Group Inc. (The) (DSG $139.84)
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NFI Group Inc. (NFI $18.68)
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TFI International Inc. (TFII $124.39)
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Magna International Inc. (MG $55.88)
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Income Portfolio (Income)
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Balanced Equity Portfolio (BEPORT)
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Aritzia Inc. Subordinate Voting Shares (ATZ $74.15)
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Brookfield Renewable Partners L.P. Limited Partnership Units (BEP $26.53)
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Topicus.com Inc. (TOI $175.38)
Q: Based on the companies contained in the two portfolios above, which of them are you most impressed with, having gone thru the pandemic, which would lead you to expect even better results as the economy moves past the stimulus provided by the feds?
Q: Any reason for the big drop today? Your opinion on Q report on Sep 2.Thanks f u usual great services & views