Investment Q&A

Q: Good morning everyone at 5i!
Peter, I would like to compliment you on your National Post article I read this weekend. You are a breath of common sense in this “ the sky is falling” world. I always feel much more optimistic after having read your articles. Thank you. Now to my question. You equated bitcoin to the tulip bubble. I always wondered about bitcoin and the attraction. Should I divest myself of my holding in Coin, if there is no real future in bitcoin?? That, and Square are my only exposure to the bitcoin market. Cheers, Tamara

Q: Hi 5i:

Having sold my US tech before the pandemic (???) and Canadian tech 2 months ago (???) I am considering jumping into the Canadian tech space again. Would please advise me on your 3 favourites and rational for each. Potential growth and "safety" long term are key considerations. Thank you for always great direction.

docsinc

Q: Can you please explain your enthusiasm for ROKU? Every time I think of following your advice and buying I can’t help wondering how long it will be before Google and Amazon and the TV manufacturers squeeze ROKU out. I see it similarly to my reluctance to buy into Bombardier when hey were trying to manufacture jets…it seemed like only a matter of time before “the big boys” (Boeing and Airbus) squeezed them out of the business. And they did.

Q: I have full positions in banks: Scotia, TD, and a US bank, European bank and South American bank. They all pay generous dividends, and are doing well.
I worry about fintechs ultimately eroding their strengths. Can you recommend an ETF focussed on fintechs?

John

Q: Hi 5i Team,

I currently hold FSLY in my RRSP (3%) and Non-reg (5%) accounts. My average holding cost is approx. $65. I have only been a DIY investor for approx 2yrs and I purchased this stock with the intention to hold 5-8 years.

I would appreciate your opinion on FSLY at this point in time in terms of Risk/Reward and whether my funds would be better deployed elsewhere.

I am beginning to question my original thesis on the company due to high debt ratio and the possibility of bigger market players targeting FSLY should they continue to succeed on a larger scale. The past/future volatility in the stock price does not concern me as much.

Thank you in advance.

Q: The Globe shows Shopify's forward PE as around 208 while the current PE is 41x. Does that make sense? Is EPS expected to drop that much next year?

Q: Your thoughts on the quarterly results.
Thanks John

Q: I own Datametrex and the stock price has increased substantially in the last few days and now I am wondering if there is a way to measure the breakout height? So technically could it reach the last Year's High of $0.37 with this new $40M contract? I have not sell any of my shares, hoping it will reach to a higher price since it has received a very large contract. Thank you very much.

Q: Please comment on the earning

Q: What does 5i think about Caldwell Partners Q1 results as rapid growth continues? Of note their is still the 800K per quarter acquisition charge as it relates to the purchase of IQ Talent Partners which goes to Nil at the end of 2022. More acquisitions on the way given the strong balance sheet?

Q: What is your outlook for KLA ? With a PE of 24 times in a growth sector would this be a strong buy or are there other companies you would prefer? Thanks for your analysis.

Q: Good morning, what would be the best way to learn about Bitcoin and Blockchain Technology for a non techy person but is quite interested in learning, thanks?

Q: Hi team,

TELUS international has dropped to just above their ipo price. What would be a brief update of your position since rating it an A-? Also, at what price is it a good, great and table pounding buy?

Thank you!

Q: Your reply to Shane indicates roughly 50% of SQ’s revenue is from bitcoin. Can you provide details, i.e. from bitcoin mining, or trading etc?

Thanks,

Q: Can you provide an update on this company. Would you consider it a buy, hold or sell. Thanks

Q: Hi 5i
I currently hold no digital currency assets in my portfolio - from what I understand GLXY holds both bitcoin and etherium coins and provides financing to businesses in the digital currency space. Founder and small % shareholder speaks about growth in the sector and the bitocoin currency has bottomed. Your thoughts on buying todays' assets and the potential future for this business. Share price has been creamed ~ 40% and I am wondering if this is a starting point to start build a position and use GLXY as a diversified way to play the currency and growth in the industry via the merchant banking side of the business. Your wisdom (if there is such things when you roll the dice here) please ........ Thanks

Q: Right after I purchased this e-learning company last week they announced a $200m shareholder dilution. Naturally the stock tanked and I'm down around 25% in less than a week. Yikes-what should I do?

Q: you stated that PINS is looking very attractive right now.Why do you think this is?How is their balance sheet?
Which companies would you think could take them out?
Would you be a buyer here?
Please give me some compelling reasons.
Any companies you prefer better in the US tech sector?

Q: Hi, Technology is the largest weight at about 45% ( even after the recent sell off) in our investment portfolio. Most of these holdings have been down 25-50% from the highs, over past 2-3 months, following the general market trend of indiscriminate selling in High multiple Tech stocks. LSPD and NVEI, of course, saw much steeper losses.
We do have the rest of the portfolio invested in Cdn large cap banks, industrials, utilities and telcos, generating decent dividend income.
We recently retired and as a part of portfolio planning/risk management, would like have a strategy to reduce the Technology weight to less than 35%, over next 2-3 years. The plan could be executed in phases, once the current tech rout is over and valuations have recovered.

From the perspective of risk, growth, stability and valuation, what would be the recommended/desired weighting for each company, balancing these factors. What would you suggest to be order of priority for the purpose of initiating sale of each stock. Also, it would be really helpful, if you could provide a reasonable price range for sale/trimming of these companies, based on price history and future expectation over 2-3 years.

CSU 14.5%
SHOP 9 %
TOI 5.2%
SYZ 3.5 %
LSPD 3 %
KXS 2.5%
NVEI 1%
US Large Cap Tech ( AAPL,AMZN,MSFT,MA,V,PYPL etc) 8% (we want to keep as is)

Thank You for your insight, which we value so much.

Q: Hi Team,
I am down over 50% on each of PINS and EGLX. I was considering giving up on them and moving the remaining funds in to TOI; something of perhaps "higher quality growth" that is also down considerable from its highs with a stronger conviction of future success. Would this be a move to be endorsed, or should I just ride out this pain for potential recovery in EGLX and PINS? Thanks for the advice.
Shane