Investment Q&A

Q: Happy New Year to the great team at 5iResearch and thank you for the great advice I have received from you over the years. It has been very profitable. I have a reasonably well balanced portfolio with a small amount of AQN ( ~0.5%) but no PBH. I am considering selling AQN and buying some PBH as I am relatively low in Consumer defensives. Which of the 2 companies do you prefer?

Q: I purchased GOOS at about these levels but it seems, lately, to be heading steadily in the wrong direction. I bought it believing the china market could provide some strength as it appeared to be returning from COVID earlier than other countries. I realilize that there have been some negativre comments regarding the stock which may have lead to some of the decline. Is GOOS still worth holding or is there a better name out there to switch to?

Thanks for the great advice as always

Dave

Q: I have started to build a position in PINS, but the share price has been dropping steadily over the last week or so. Is there anything to be concerned about or is this an opportunity to continue to purchase more shared.

Thanks for your advice, and best wishes for the New Year.

Q: I’m confused on the offer by Bam to buy out shares as to the Options shareholders have.
Is it 14.5%+- premium plus 0.4 of a BAM share? Or 14.5% premium or the 0.4 BAM share ?
If it’s 1 or the other, then I feel this low premium on the shares is not fair. It was recently higher and is simply consolidated before next push up. This is opportunistic similar to the lumber company deal that shares holders rejected last year( company escapes me atm (canfor or interfor).
How do you view the proposed deal?
Just last week I bought call option on BPY.un , would you simply take the profits today or hold out for possible better offer?
Thanks for your help again 🍻

Q: Hearing this morning that Brookfield offers to privatize BPY. What could this mean for shareholders of BPY?

Q: I own XHC in a registered account. No heathcare in my non-registered account, looking to pick up 2-4% position. GUD and WELL have lots of info in the reports, similar comments on cash and acqisition strategy but the charts are very different. What one would you prefer for 4% or 2% each? Any others that I should consider / review?
Thanks,
Travis

Q: Can you provide your current top 4 or 5 canadian dividend picks? Looking to invest my TFSA contribution next week.

Thanks,

Joe

Q: I continue to hold CPG long hoping for further recovery. Given the oil price seems to be holding a bit higher I am anticipating a continued ramping up of free cash flow and rising SP. Overall this has been a dog in my portfolio. Based on valuation metrics and the +$45 price of oil is a $10 target (mine) reasonable in the next year or two? Or would there have to be a significantly higher oil price to get that SP level? If the question is too specific general commentary is fine. Thank-you for your service. 2020 was my best year for investing, ever.
Calvin

Q: Is CELH in any way comparable to Monster Beverage Corp which has amazing stock price performance ? Is it a good time to add ZM ? Would SHOP, JD , KXS enjoy a significant benefit from the RCEP , China & EU market opening investment pact ? What are those companies ( if any ) would benefit ? Thanks a million ? Happy New Year.

Q: Hi, can you please provide your top 3-5 growth picks (Canada or US) for long horizon investment? Many thanks!

Q: Hello. What are your thoughts on this company?

Q: ARKK: bought in October - tiny % of USD portfolio. Shows no dividend payment; however, when I was going through my accounts to-day I noticed a dividend payment of $124.97 and $488.52? Confused.

Q: DCBO has been on a nice rally recently. Does this indicate that their recent listing in the US is successful and US investors are going to drive this higher similar to what occurred with SHOP and LSPD?

All the best in 2021 to the 5i team.

Q: I know you are not big fans of short etf's but what in your opinion are the best un-leveraged managed and unleveraged index short etf's ? Should an investor be concerned if the etf is using derivatives ?

Q: Happy new year! Thank you for your help this year.
Could you comment on AQB (AquaBounty)?
Thanks!

Q: I am concerned about 30% of my holdings being in IT and would like to reduce perhaps by half and cover some other sectors for balance. (Just read your year-end article about predicting 2021 - perhaps you would not be concerned about 30% going forward)
What order might you trim / sell these to raise cash?
Much thanks for steering us through a year full of uncertainty.

Q: Hello 5i Team
To follow up on Rod question on Xbc , along with the halt on Friday there has been 4 analysts upgrades with price targets from $9.00 - $12.50 .
What may have lead to these new targets?
Happy Healthy New Year , thanks for the great service and advice.
Regards
Claudio

Q: Happy New Year.

According the article in the link below, BPY.UN generated year to date funds from operation (FFO) of just $665 million while paying close to $1.541 billion in interest. I saw a fairly recent Youtube interview with Bruce Flatt, and he seemed quite upbeat on Brookfield's overall outlook going forward. How much of a concern is this FFO/Interest ratio to your team?

https://seekingalpha.com/article/4396749-look-astronomical-leverage-brookfield-property?mail_subject=11-3-yield-high-insider-ownership-pandemic-resistant-newtek-business-services&utm_campaign=nl-investing-income&utm_content=link-1&utm_medium=email&utm_source=seeking_alpha

Thanks.

Q: This company looks like it is in the right place at the right time. Can I have your thoughts about its potential in this greening world? thank you.

Q: Hello all - Happy New Year to everyone in the 5i universe!

This is not a question per se, more just a follow up comment to Adam's question of Dec. 29/20 asking about withdrawing $C from TFSA and then immediately replacing with $USD. Adam implied some "technical" or broker issues impeding his plan - perhaps just the length of time the bank/brokerage requires for settlement.
I do not see any reason he might not consider using Norbert's Gambit within the TFSA (if the TFSA is any different than an RRSP for performing this transaction, please let me know). The exercise can be completed for the most part within one day other than the actual settlement date of T+2. As long as one knows that and acts accordingly, one should be able to achieve the desired result.
I use N.G. when required within our RRSP's (RBC Direct Investing) and have found it to be fast, convenient and cost-effective as long as I perform it properly, paying attention to some of the little details that they warn you about.
If any of the foregoing is in error or if I have misconstrued his question/goal, please feel free to correct me as required and I apologise in advance.
Best to all in 2021!! Stay safe and well!!
Cheers,
Mike