skip to content
  1. Home
  2. >
  3. Investment Q&A
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: Hi Guys

In regard to Tricon I am thinking of adding to my position but am wondering what their exposure would be to variable rates. I do not want a interest rate surprise like AQN. What do you think of the likelihood of that happening at the upcoming earning release? Should I be worried about any other surprises with TCN? Are you still feeling positive on this stock?

Much thanks Stuart
Read Answer Asked by Stuart on February 24, 2023
Q: Can you rank these banks, best to worst. With a buy sell or hold and an entry price.
How much downside risk is there to the stock price if there is a worse recession than expected? Buy now or wait and see how economy plays out in the next couple of months?

Thanks
Brian
Read Answer Asked by Brian on February 23, 2023
Q: hi, can you illustrate your investment thesis for both of these ETF's in the income portfolio. please specifically include what you believe to be the catalyst(s) for the share price to increase. CPD has a long track record of deteriorating share value (approximately half of share value at inception 2007 ) CVD less so ( down just under 20% from 2011 ). could you also compare the "yield" of both over the years, so we can see if the interest/payments have offset share price declines in a meaningful way. cheers, chris
Read Answer Asked by chris on February 23, 2023
Q: I have owned this stock for a very long time but its share price is the same as it was 6 years ago and the dividend is small. I would appreciate your opinion of the future of this company. It is one of the first stocks I purchased and I accept there is an emotional attachment which could be clouding my judgement as I think I should sell it.

Appreciate your insight.

Paul F.
Read Answer Asked by Paul on February 23, 2023
Q: I previously owned some BAM.A Because of the complexity with tax reporting, I had this in a registered account. With the current set up, it appears that BN has more of a growth orientation, and this stock might be better held in a non-registered account. Do you have any idea what the distributions from BN might be composed of, going forward?
Thanks!
Read Answer Asked by Leonard on February 22, 2023
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.
Read Answer Asked by GREGORY on February 22, 2023
Q: Hello 5i, I am retired and am looking at PWI for income and growth could you comment on the company Sustainable Power.
Read Answer Asked by Michael on February 21, 2023
Q: I have very little exposure to Consumer Cyclicals
in my portfolio. I am considering taking a small position (say 2-3%) in Cdn Tire - it has a 4% dividend and some analysts seem to like it. Question - is now a good time to being taking a position in consumer cyclicals and what are your thoughts on CTC. Are there better options?
Read Answer Asked by Ronald on February 21, 2023
Q: Risk Adjusted returns - Canadian Banks.
I am, respectfully, highly skeptical of your recent assessment.
Such a wide range seems unlikely, especially with NA at the top and BNS negative.
Not sure what you actually mean with 5yr CAGR value or whether it includes dividends.
5i has said on a number of occasions that Canadian banks tend to move in tandem over time.
I would appreciate some clarification and confirmation.
Thanks
Read Answer Asked by David on February 21, 2023
Q: What are your thoughts on comments around SHOP never becoming profitable enough to justify its crazy valuation. They added 1B in opex while only adding 270M in gross profit. They keep spending more and more money on R&D, new comp plans, to compete with Amazon. But mgmt has never given shareholders a plan on when and how they are going to reap the rewards of this hyper growth mode. Like many of these big tech stocks they are following the model of growth at all costs, then eventually we are so big and have so many customers that we increase prices, and cutdown on our costs, then the profits flow in. SHOP has never mentioned a plan for this and Toby isn't exactly the guy thats going to cut pay and let people go for the sake of profits. Starting to wonder if SHOP will ever be a massively profitable company like it was meant to?
Read Answer Asked by Adam on February 21, 2023
Q: hi,
based on several recent responses to subscriber questions, can you let us readers know if you currently have any equities in the growth portfolio that are at risk of losing " a going concern" status? as a long term horizon investor, I am a bit concerned with so many recommendations to sell names in the growth portfolio. I thought the concept was buy low, sell high? if history shows that these smaller (market cap) companies always go way down in economic downturns and/or "recessions", then why not a recommendation when this all started many months ago to sell the small stuff... ?
Read Answer Asked by chris on February 21, 2023
Q: This is an excellent response which shows that 5i clearly understands both companies:

“SHOP is in talks to add AMZN's Buy with Prime service. It allows SHOP customers to get Prime benefits, such as fast shipping, free delivery and free returns. End customers will like it, but analysts are worried that it will effectively shift business from SHOP to AMZN. SHOP needs to be careful here. Some are calling it a Trojan Horse that could backfire on the company. Most SHOP merchants use SHOP because they don't want AMZN controlling the customer relationship. Thus, SHOP needs to maintain the customer relationships it has, and this is likely why it is taking its time with this decision.”

My next question: Amzn targets each individual customer and the customer buys straight from Amzn without needing to go through a merchant store. Amzn fulfillment/shipping/delivery is a huge competitive advantage. Shop on the other hand targets the merchant stores and gives them the tools to sell online directly to the individual customers. Individual customers want goods delivered quickly with option to return. If shop is using Amzn shipping then Amzn will be a part of the shop experience and Amzn will potentially control aspects of the customer experience at shop. What will then stop Amzn from completely absorbing shop within Amzn? Amzn will already be an integral part of shop so is the monopoly power and competition regularly approvals the only thing that would hold Amzn back from taking shop over on day???
Read Answer Asked by James on February 21, 2023
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!