Investment Q&A

Q: Your opinion on the January 17th LSPD wpress release: reduce head count and profitability in 4th Q. Clayton

Q: The FTSE 100 near all time high co-relates to higher valuations in Europe correct? How does or could this impact TOI’s M&A strategy? The company has been stealth like in its communication and thin on traded volume. Do you have any insight to its recent activity? When does it report and what should we be looking for?

Q: Hi, Thank you for the updated research report on Constellation Software. I found it really interesting and highly informative. We have owned CSU shares in all family members' accounts and thanks to stock's glowing performance over these years ( Big Thanks to 5i's strong conviction), its weighting continues to grow. Even after trimming our holding regularly, every year, CSU has a weighting between 12% to 15%, in each portfolio. In addition, we also own TOI, between 2.5% to 3.5% for each member. We like CSU a lot and the TOI/Lumine spinoffs are just one of those host of reasons. Need your expert opinion on following:

1. We leave the CSU weight as is and continue to trim each year, eventually to reach,
say 7-10% weight over next 5-10 years. Do you see much company/sector risk with this strategy ?
( This approach has helped us in spreading huge built in capital gains - ACB $450, over separate years. Based on tenure/experience of our ownership, we are very comfortable with 10% +)

2. We cut TOI holding to <2% or eliminate altogether, as CSU already has a large ownership in the company.

3. We leave CSU and TOI, at currents weights 12.5%/2.5%, in each member's portfolio and do nothing.

Total Tech weighting in each member's portfolio is 20-25 %, balance being SHOP and KXS,

Thank you.

Q: Hi, Most of Quality companies' stocks in Technology sector have bounced back nicely, during the first 2 weeks in January. But Kinaxis has not moved at all and still stuck around $140 level. We have held on to a 2% position, based on 5i' conviction as being one of the best in supply/logistics software sector, similar to Descartes. Any reasons for the lagging performance ? Is it time to move on and allocate the capital to better use elsewhere ? Thank You

Q: In your opinion is a weighting of 10% of CSU too much to have in one's portfolio? Thank You.

Q: Thoughts on Intel at current valuations?

Q: Hi all at 5i!
I hold both and both are down substantially. I was thinking of selling one. Which one of the two would you say has a better future prospect? If you think both do then I may refrain from selling.

Thank you,
Tamara

Q: could I have your thoughts on ANSS at this time and price please.

Q: I know it was removed from income portfolio but is it worth keeping as a growth stock or should I sell it ? Ty

Q: Can you rank which stock you would prefer in here to buy for a 3 year hold for maximum capital gain potential MSFT. CSU Descartes?

Q: What are the reasons of CLS’ recent strength? Is it a sell?

Thanks.

Q: DND has recently had a considerable rally. What do you think of the cashflow and profitability now - I am asking for an answer that assumes the takeover does not go through. What about valuation ratios currently and compared to assumed growth rates going forwards? Cheap, fair or expensive? Thanks.

Q: Hello
Kinaxis dropped loke a rock this morning. I couldn't find any news. Do you what caused this sudden drop and moderately larger volume to day as well compared to the last couple of weeks

thank you

Steve

Q: Cybersecurity - which are your top two ? - i.e. are the best of the best.

Which of these particular two:

- Has the best valuation?

- Has the best potential growth?

- Is the "safest" and has the best chance at being around for the long term?

- Has the best product / geographic diversification?

- Are both of these considered at the cutting edge?

Q: Can I have your opinion on this stock. Trading at reasonable values, balance sheet looks fine, nice dividend, and some future growth.
Thanks Gord

Q: Profitability, why is this so difficult to achieve for LSPD? Is one reason that the CAO and Board are still continuing to be driven or leaning to expansion and therefore changing to control control is difficult to achieve? But that does not make sense because we have heard they want to be profitable in 2024! I am confused. Clayton

Q: These three software tech stocks have grown their dividends over the last decade plus. I'm looking at them as part of a dividend/income portfolio. Are they a buy at this time? If so at what price? PEs are all rather high. Thanks

Q: I use my TFSA to buy and hold low-debt, cash flow positive, technology companies with good long-term growth prospects. My TFSA holdings (ENGH, OTEX, SYZ, TCS, AIF, REAL and AT, ranked by weight) total about 8% of my overall portfolio. My holdings in AT and REAL have fallen to about 1% of my overall portfolio, because of their poor performance, versus 2.5% average holding for each stock in the overall portfolio. I am considering the following options:

1. Keep both AT and REAL for a long term (10+ year) hold (i.e. do nothing)
2. Sell one and consolidate into the other for a long term hold (but which one to keep?)
3. Sell both and consolidate into my other TFSA holdings (which one(s)?)

I would welcome your thoughts with respect to each option, given there is no tax loss selling benefit in a TFSA. Thanks!

Q: Reviewed your reply of Dec. 8/22 to Christopher. I purchased Telus for my riff some while ago @42.00. My Thoughts are to tsf to my tsfa for my 2023 contribution $6500.00. This would bring it back to cost base and wait.
Can I have your thoughts and or suggestions? Naturally if it is sold it is a total right off.
Thanks
Rick

Q: Dear 5i team.

I'm considering adding to my IHAK position but wanted to clear up something with you first.
In the archives, you mentioned that a combination of CRWD/NET/PANW would be an alternative to owning the ETFs IHAK or HACK. Are you still of this view? Do you still prefer IHAK to HACK?
Are the valuations of these holdings back to a level that reflects current realities?

Many thanks for your help.