Q: TCL.A has had insider buying and fundamentals (to my eye) look good although earning predictions are flatish. My daughter is down about 30% and I’m temped to add to her position. Does that sound reasonable or would you recommend waiting for 1 or 2 quarters.
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: KXS has a new agreement with a European pharma company. Will this be important to KXS or not be big enough to be of significance? Would you buy more here ? I currently have2.5%.
Thanks, as always, for your great comments & advice.
Dave
Thanks, as always, for your great comments & advice.
Dave
Q: Very disappointed in yet another 5i pick in the income portfolio down substantially until a final sell recommendation is released.
You state: "With declining equity markets, lower assets under management and increasing competitiveness in the Canadian financial industry, we have decided to sell Gluskin Sheff"
My question is, why did you recommend it in the first place? All the items applied when you decided to add it to the income portfolio. Seems another stock where you were simply chasing yield without dying proper DD.
You state: "With declining equity markets, lower assets under management and increasing competitiveness in the Canadian financial industry, we have decided to sell Gluskin Sheff"
My question is, why did you recommend it in the first place? All the items applied when you decided to add it to the income portfolio. Seems another stock where you were simply chasing yield without dying proper DD.
Q: I currently PBH at a 3% weight and underwater and wonder what your thought were to increase my weight to 4%? Add or just hold for now?
Thanks
Thanks
Q: Hi there, I'm looking to replicate your balanced equity portfolio with a few adjustments for a slightly higher tilt towards growth. I have a 2 part question: Would AQN be a suitable substitute for ENB for an investor? Also, what other more conservative names in your balanced equity portfolio would you swap out for higher growth names at this time?
Thanks!
Thanks!
Q: Your Jan 16 report--Time to start wading into markets.This is a market recovery,not Jan effect,Please provide your best 10 to buy mow & rank them starting with best. Thanks for u usual great views & services
Q: Hello there ,
Do you think Mark Leonard of CSU has ever thought of selling CSU and starting again? As Constellation gets larger and larger one would think their growth rate will slow. It might be a challenge to have the same success in the next 10 years as he has had in the last 10 years. I know he has identified tens of thousands of potential takeover targets, do you think it makes sense to sell CSU and start CSU part 2? A new company could be valued back at $25/share and one would think he could double to $50 quickly and again to $100 starting from scratch quicker than $1000 to $2000? So many more deals need to be made now and much larger deals potentially to move the needle. Thoughts?
Thank-you
Do you think Mark Leonard of CSU has ever thought of selling CSU and starting again? As Constellation gets larger and larger one would think their growth rate will slow. It might be a challenge to have the same success in the next 10 years as he has had in the last 10 years. I know he has identified tens of thousands of potential takeover targets, do you think it makes sense to sell CSU and start CSU part 2? A new company could be valued back at $25/share and one would think he could double to $50 quickly and again to $100 starting from scratch quicker than $1000 to $2000? So many more deals need to be made now and much larger deals potentially to move the needle. Thoughts?
Thank-you
Q: Can you please identify if any 5i stocks in your 3 portfolios are "zombies" as defined by the following quote from Cresat:
" Crescat calculates that about 80 percent of Canadian non-financial stocks have been cash-flow negative in the past 12 months, which he measures as cash flow from operations minus capital expenditures.
That may be inflated by the the large numbers of “zombie” companies on Canadian stock exchanges, which the Organisation for Economic Co-operation and Development defines as those 10 years and older and whose earnings aren’t high enough to cover interest payments on their debts. In a September study, Deloitte found 16 percent of public companies on the Toronto Stock Exchange and its sister Venture Exchange are considered zombies, compared with 10 percent globally.
Costa said even if he excludes energy and materials stocks, 70 percent of Canadian stocks have still lost money on a free cash-flow basis. If you consider only non-financial stocks with a market value of more than $100 million, the share is still more than 50 percent, he said."
" Crescat calculates that about 80 percent of Canadian non-financial stocks have been cash-flow negative in the past 12 months, which he measures as cash flow from operations minus capital expenditures.
That may be inflated by the the large numbers of “zombie” companies on Canadian stock exchanges, which the Organisation for Economic Co-operation and Development defines as those 10 years and older and whose earnings aren’t high enough to cover interest payments on their debts. In a September study, Deloitte found 16 percent of public companies on the Toronto Stock Exchange and its sister Venture Exchange are considered zombies, compared with 10 percent globally.
Costa said even if he excludes energy and materials stocks, 70 percent of Canadian stocks have still lost money on a free cash-flow basis. If you consider only non-financial stocks with a market value of more than $100 million, the share is still more than 50 percent, he said."
Q: Good morning,
I am struggling with the recommendation to sell WCP at current levels in exchange for Suncor.
Consensus ratings for WCP: 18 buys/1 hold.
12M target price: $8.68, or ~ 86% return from current levels.
Consensus ratings for SU: 23 buys/6 holds.
12M target price: $53.65, or ~ 26% return from current levels.
Suncor is a great company – no doubt. And I get that the recommendation does tie in nicely with upgrading to a "higher grade" energy play. But just wondering that when energy does turn if makes sense to continue to have exposure to the lower cap, higher beta WCP. I just really hate to sell here.
I am struggling with the recommendation to sell WCP at current levels in exchange for Suncor.
Consensus ratings for WCP: 18 buys/1 hold.
12M target price: $8.68, or ~ 86% return from current levels.
Consensus ratings for SU: 23 buys/6 holds.
12M target price: $53.65, or ~ 26% return from current levels.
Suncor is a great company – no doubt. And I get that the recommendation does tie in nicely with upgrading to a "higher grade" energy play. But just wondering that when energy does turn if makes sense to continue to have exposure to the lower cap, higher beta WCP. I just really hate to sell here.
Q: Could you advise what the cash positions are in both Income and Balanced portfolios after the changes made in your January 16th notification.
Will you be making additional sales/purchases in the near future in either of these portfolios or in the Growth portfolio.
Thank you .
Will you be making additional sales/purchases in the near future in either of these portfolios or in the Growth portfolio.
Thank you .
Q: I sold DOL for tax loss reasons at the end of 2018. And now I am allowed to buy back, given the elapsed CRA time period is over. You recently mentioned DOL is a wait and show me company. How would I know went this "wait and show me" period is behind? Is it too early to buy DOL now?.....Thanks Tom
Q: Regarding the recent news on "internet gambling" in the USA. My understanding is this is in relation to online games of chance essentially, not sports gambling and not poker. Is this correct? I thought the most hype/hope in the USA for TSGI is legalized sports betting gaining large traction among most States. If this is the case then I would think this is not a big deal?
Q: Pbh is down over $3.00 this week while the tse is rising . Any idea? When is the next earnings report and what is expected in earnings and revenue
Q: I am a senior dividend investor, and try to have holdings in the 5% range for dividends from about 15 to 20 stocks. At the moment I am heavy on the pseudo utilities side (PPL, AQN, ENB, RNW), and do not have any core financial holdings. I am looking at trading my AQN for BNS, on the theory that the dividend is similar, and the current short-term upside for BNS is better with any sort of comeback (just surmising from the 52 week highs of each obtained, not any analysis of Payout Ratio or such). I would appreciate your thoughts.
Q: Hello Peter, Ryan and Team.
Thank you for the update. Hope the new year is treating you well.
How much cash does these changes leave the balanced portfolio with?
Thanks,
Wes
Thank you for the update. Hope the new year is treating you well.
How much cash does these changes leave the balanced portfolio with?
Thanks,
Wes
Q: Good morning: If we follow your suggestions to buy and sell in your recent Balance and Income portfolio's, and a lot of members do, the cost of rebalancing is high. In this case nearly a $100 in commissions to sell and buy. Do you account for this when you make your suggestions??
I am also having trouble with your suggestion to buy 1% of this and 2% of that stock. If the goal is to get to 5% over time, that's also a lot of commission fees. There has to be a better way to diversify without paying so much fees.
I am also having trouble with your suggestion to buy 1% of this and 2% of that stock. If the goal is to get to 5% over time, that's also a lot of commission fees. There has to be a better way to diversify without paying so much fees.
Q: I bought shades at 41 when you were saying they were a good stock and you would pick this stock over gc what happened ? Do I hold on or sell? Please help
- Apple Inc. (AAPL)
- NVIDIA Corporation (NVDA)
- Boyd Group Income Fund (BYD.UN)
- Great Canadian Gaming Corporation (GC)
- Kinaxis Inc. (KXS)
- Magna International Inc. (MG)
- Premium Brands Holdings Corporation (PBH)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- Savaria Corporation (SIS)
- Spin Master Corp. Subordinate Voting Shares (TOY)
Q: All the above is what I have in portfolio with equal weightings. I purchased all stocks 1 year ago. I am down on all except for SHOP and BYD. TOY is Down the most. Do you recommend to sell any of these stocks? What new stock would you recommend to add to a tfsa for growth?
Please deduct credit as you feel appropriate.
Thank you.
Please deduct credit as you feel appropriate.
Thank you.
Q: I currently hold NFI, LNR, and MG. I am wondering about selling NFI and adding to LNR and / or MG. Your opinion is appreciated. Joe
Q: Any reason to explain GUD's jump today? I don't see any news.