Investment Q&A

Q: Does the 50% investment in X-ELIO have an accretive affect on earnings?
Thanks
Bob Rose

Q: Hello 5i,
This is not a question, merely a comment from my perspective. I hold VET in two separate account and it is held for dividend income as opposed to looking for any significant capital gains.
On paper, my "losses" are substantial. However, in reality, unlike others who have sold, I have actually lost absolutely nothing - and I fully expect that by keeping this holding for the dividend (cut or not), should the time arrive when I do choose to sell, it will likely be because I am back in the black on it and will realize a gain. Meanwhile the dividend helps keep me "in the lifestyle to which I have become accustomed".
While it could happen that VET will go to Zero, be de-listed and cease to exist as a viable company, I am betting against it.
In a sector decline such as we are seeing in the Canadian energy space, I am not sure selling out at a significant loss is necessarily the only solution unless one can really benefit from the tax benefit on the loss - and in the case of VET, they have a great deal of exposure outside of Canada as well.
Anyway, I am happy to hold, collect the dividend and wait until the tide turns, which I am convinced it will do over some unknown period of time.
Just my perspective, nothing more.....
Cheers,
Mike

Q: whta's going on with VET, you seem to defend against dumping it
why this sudden price drop, i lost already a bundle since you argued a week ago for common sense/patience and against selling it,
pls no offense is meant,
your insight if possible
Art

Q: Good day team do you see this company getting shorted ,it keeps going down like a rocket ,i do not want to lose much more capital what alternatives do i have i know the sector is unlike here thanks Norm

Q: Apparently, by way of a Dutch auction, Encana will be buying back stock at a minimum price of USD $4.70; if so, why would anyone be selling at today's price of USD $4.16?

Q: Hi guys! In regards to energy stocks, the stage after 'fearful' I call the 'vomit stage' and thats where energy stocks are now. So shouldn't one buy when everyone is running for the hills? i.e encana and vermillion
thanks!

Q: It's been said that this name has the best balance sheet in the producer business - would you agree and if so, would that make a dividend cut less likely, come what may?

Q: Husky is in an unloved sector and has never been a preferred name in that sector for various reasons, but at $10.70 is it getting to a point where it should be considered over some of the usual go to names. The yield is decent and the balance sheet is good... not sure why it is getting punished so severely for a q that seemed within expectations.

Q: Hi 5i

Can't help notice the Q's on Canadian energy companies, and how the common theme leads me to think capitulation is close.

My questions is: Given the current political distaste for Canadian oil and gas, what would be your recommendation for an alternative investment in the energy sector? I already own BEP.UN, AQN, and ENB for disclosure, hopefully this won't instigate more sector Q's ;)

Please note my views on Canadian companies are severely restricted due to the duality of the current government.

Thanks,
Chris

Q: Is the takeover completion still expected in September? Also, would a dividend be expected with ex day in late Sept.?

Q: In 5i's opinion are the dividends on these 5 stocks sustainable and if so which 3 would 5i recommend to buy for income at the current prices.
Thank you.

Q: Has your view of PD changed since last year at this time on this company? You adverted to their debt level back then.

TD seems to hold a high opinion, just like last year.

Your thoughts.

Q: Your opinion of FEC please.

Q: Am fed up with above, pushing my entire gains column into deep red. Question:
should I hang on and collect 10% div or take the 4000$ loss and keep it in cash.
Cash is not really the answer since Div is better , unless you fear that price may drop even further.????????????????
Art

Q: You have stated previously that TCW has done a decent job getting their balance sheet in order as well as buying back shares. What do you think about Trican now, at under/around $1. 00 a share? This looks undervalued albeit in a terrible sector at the moment.

Q: What's your thoughts on vermillion at this time? What is dividend payout percentage of cash flow or what ever metric you judge it by and is it safe. I know they picked up some canadian assets which the market doesn't like but what is its cash flow break down both canadian and international? Looking to pick up some quality name that are beat up.

Q: I'd appreciate your insight on Delphi Energy. It held up well in the December 2018 downturn but has lost about half its value over the last couple of months. I am thinking of exiting or doubling down with it. It is my smallest position now. Thanks.

Q: is it advisable to invest in Vermulin energy & Encana?
Also why is suncor stock going down in value?
Thank you

Q: Pason Systems has been currently trading below $18 mark and its close to hitting its year low. Do you think it is a good value buying opportunity?
What are the risks you foresee for this company?
I recently read form company website and that they are also exploring new sectors (non-oil) such as power, etc. Whats your view on that and how significant are they or how capital intensive are they. Will these new business lines change the revenue mix (away from oil) significantly ? If you can throw more light on these new initiatives it would be helpful. Thanks.

Q: Comments on Tamarack?