Investment Q&A

Q: Which 5 companies stand to benefit the most assuming Shell's Canada LNG Project goes ahead? Thank you.

Q: I sold BDI at a sizable loss years ago and fully appreciate how extremely cyclical this companies earnings are, for good or bad. Waiting patiently for an opportunity to catch a high beta cyclical upswing in the companies earnings. Can you advice as to how to approach this investment thesis? Start building a position now even thought its early or wait till there is clearly an upswing in earnings while trying to avoid false starts? I cant help but think that after years of terrible government policy there is blood in the streets now.

Q: If LNG in BC is approved do you have any stocks that you would feel would benefit from this approval

Q: Greetings 5i
If the Kitimat LNG project gets the green light. Can you give a breakdown of the companies that stand to gain from this enormous endeavour?
Thanks
Denis

Q: Hi, I am trying to reduce/consolidate number of stocks in my portfolio and also raise some cash. Except SJ (1.5%), all others mentioned here currently have < 1% position. I am holding YGR and BDI for Energy exposure, as my only other holdings in the sector are ENB (3.5%) and PKI (1.7%). I also like the momentum and prospects, based recent developments and your comments on COV and waiting for an opportunity to add on a pullback. RHT, VB and DOL were purchased in small quantities, at the time of addition to 5i potfolios. I also like SJ, and think, market is not assigning it proper valuation at this time. So, I am considering selling RHT, VB and DOL and use some cash to add to SJ. What is your opinion ? Do you believe, there are any near term catalysts for these 3 companies to hold on for now or it should be fine to liquidate. Thanks

Q: Is it time to start buying here ? Pipeline construction is coming and temp housing rentals are needed.

Q: With the price of oil heading up, do you foresee any ups for this company?

Q: What do you make of BDI's 2017 4th quarter? It looks like their BOXX division is growing.

Q: Hello,

Note: BDI currently does not pay a dividend.
Someone asked a question earlier with the assumption that it pays to wait on BDI due to their 9.7% yield.

Q: I bought Black Diamond Group LTD a few years ago, hoping it would gain with a recovery in oil. I'm currently down 36%. I am getting paid to wait as there is a 9.71% yield. But, is it worth the wait? Should I sell and move on? Or do you think it's a name that's worth holding?

Q: Hi there,

I am contemplating buying into Black Diamond (BDI). Since June it has been trundling upward making higher lows on what seems to be a nice recovery. It seemed to have two points of resistance, one at about 2.50 and one at 2.82 according to my charting program and has burst through each moving to 3.02 on higher volume. So if it's clear that I like the technical side of the chart I'm wondering if you can tell me if you feel that fundamentals support a buy? I'm hoping recent momentum and the volume surge suggest a nice continued bounce toward 52 week high.

Q: Hello 5i,

Just a question about insider purchases ...
BDI has had ongoing purchases by Edward Kernaghan, of Indirect Ownership of Common Shares.
https://www.canadianinsider.com/company?ticker=BDI
For the past couple of months he (or his groupl) have been buying small (<500) and large lots (>60,000) on a daily basis.
I am assuming he is purchasing these for clients but it seems odd that it has been going on for as long as it has (since October).
From your experience, what if any insight can be gleaned form this information?
Any info or comments would be welcome!
Thanks,

Q: I have been watching BDI for about year, it has been a sad story. I have noticed that in the last month there has been insider buying and a large investment house has purchased over 10% of the shares. Is this stock worth buying at this point in time since there appears to be interest at this price level?

Thank you
David

Q: Based on the belief that "BDI was a good company in a bad sector", I have main my position in the company and have been trying to ride out the storm. Is this a sound decision? Are this years wild fires likely to affect BDI's sustainability (for better or worse) moving forward?

DON

Q: What are your thoughts on BDI? Does it show any signs of recovery? Is it worth holding? Thks guys.

Q: Hi Team 5i,

I have been patiently awaiting the recovery of the O&G sector. I am under water on the list of 9 stocks listed. I have been patient and have harvested dividends and DRIPed in the meantime (bank brokerage DRIPing). But with the current US admin and shift to renewable energy sources, I am concerned that the recovery may be a long time (decades ?) away. My question is ... if I chose to sell a few of the above stocks, which do you think might be the poorist performers given the current energy environment and therefore could have the longest time to recover).

Q: Just a follow up to my question about my dividend sustainability question for BDI. You say the dividend was cut; do you mean it was cut entirely (to zero)? My ticker and the Globe show an 8% dividend.

So, if:

1) there is no dividend, what source should I be using when looking at stocks to make sure I have the whole picture.

2) if the dividend is still 7.9%, is that sustainable?

Thanks again,

Rick

Q: Hi Peter and Team. Do you think the dividend will be sustainable for BDI? If so, it might not be a bad one to hold for an eventual recovery.

Q: Hi there,
I'm curious about something. You don't have many good things to say about Black Diamond Group as an investment, but it's still rated as a 'B' in your latest Coverage Summary, dated April 3rd. A 'B' rating is equal to, or better, than other companies you do recommend. I'm confused by this.
Could you please clear this up?
Thanks!

Q: I am significantly down in my RSP in these two companies and was wondering if they are still a hold. I cannot sell for a loss but will be converting to a RIF soon, so it might be time to move on to a better dividend growth stock?? (same sector ??)
Peter