Investment Q&A

Q: Could you name 3 Canadian energy companies that are low cost, debt-free producers that might be worth watching for an entry point?
Thanks; and thank you for your report and communications today!

Q: I have a chunk of Pason that I've been keeping as a long term investment in my TFSA. Is Pason diversifying its portfolio fast enough to make up for reduced demand from the oil patch? Should I think of Pason as a long-term or short-term investment? Thanks!

Q: Pason Systems released their financial results which are not great. I would appreciate your comments on the results and do you see Pason as a hold for the long term.

Q: I'm continuing to rebalance my portfolios. The above stocks are in my income portfolio and are less than full positions. Would you sell any of them? I have enough cash on hand to top up two of them. Which would you top up. (I hold 22 diverse stocks in this account)

Q: I have small positions in these companies and they are down by about 50%.
Are the dividends secure in your opinion? I am just deciding to add or sell. Do you think there might be a turn around in this sector over the next year?

Q: 10+ year hold....would you be buyers at this point?

Q: Hello 5i,
I sold NFI, PSI and CCL.A as tax losses on October 25. Should I buy them back now, just add to the positions I now have or are there other equity opportunities to consider in replacement. I am a retire, value, dividend investor, 60/40, evenly distributed with many from the INCOME MODEL PORTFOLIO.
Stan

Q: Do you know why Pason stock is falling? Seems to be reaching new lows. Is it due to large sell off by funds/institutions or insiders? Or is there any fundamental cause for the same. Please advise.

Q: Hello,
Could you recommend three oil stocks with dividends(payout ratio less than 50%), good balance sheets and good or OK growth.
Thanks
Victor

Q: Hi
Any reason not to start a new position in either Ayx or Psi. I am considering both for a long term hold with expectation of high volatility for Ayx in the near term.

Thanks
Mike

Q: Hi, would like your opinion on psi going forward.
Is it a service company only for oil and gas,or is it also diversified to other sectors? How about debt and management?
Would this be a good tax loss candidate as I’am down 35%, then buy back, or would you stay out of the sector. I also have Vermillion ,WCP, SPB at 5-6% of portfolio
Thanks

Q: Hi, I’m interested in your opinion on psi going forward. Down about 28% so is a tax loss candidate.
Also, is it directly related to the energy sector, or is it insulated being a service and technical company ? Does it have any any contracts or work other than oil and gas?
Thanks

Q: Given the breakdown in Canadian oil & gas stocks. What are top three for cash reserves, div and coverage?

Q: hi folks

psi - anything to be concerned about - or is the weakness simply 'the industry it plays in?

lnr - whipping boy or what? profitable, well run blah blah blah.........weakness simply due to auto cycle? or lack thereof?

comments please

thanks

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: Good Afternoon,

I am looking at raising some cash. Of the above, which 3 would be your sell preference, in order of 1st, 2nd & 3rd.


Thank you.

Q: Hello,
I just read your report on this company and have a few questions:
- Revenue from 2014 to 2016 went down substantially (from $500M to $160M), should we expect the same correlation to oil price going forward in case of an oil downturn or was there more to it at that time ?
- Are their customers mostly low cost producers ?
- Would you consider EDR as a long term competitive advantage ?
- You mentioned long term contracts in your report. Would you know if they are for a considerable portion of their revenue and how long and guaranteed are they ?
- Is the insider ownership related to the founders? Are they managing the business?
- Any idea why the stock did not recover with the oil price ?
I have had bad experience with oil servicing cmies in the past. I am tempted to take a position but worry about the downside if oil price is going lower. I will do more research but I always appreciate your comments ! Would a 4% position be too high ? Thank you

Q: Good Morning Peter, Ryan, and Team,
PSI reported a decent Q1 yesterday and the market seems to like it so far this morning. Could I get your opinion of Q1 and the company going forward please ? Is it a good time to add to my position ? Thank you very much. DL

Q: in the energy sector can you please compare these two? do you favor one over the other? looking to start a new position in one of these... many thanks..

Q: Consider the following ETF portfolio and associated weightings:
ZSP 20%, ZWH 5%, ZDV, 5%, SDIV 5%, BOTZ 5%, XT 5%, DGRC 20%, ZRE 5%, ZDH 5%, VEE 5%, VAB 10%, XSB 10%, TCSB 5%

The question has to do with SDIV. Given poor performance of SDIV, I am contemplating switching SDIV to PSI (Invesco Dynamic Semiconductors ETF); would 5i support this move? Or would you rather I add to one of my existing ETF positions, or can you recommend another ETF altogether?

Thank you.