Investment Q&A

Q: My 20 year old son has been investing based on your balanced portfolio. He has little need for income currently as he has at least two more years in school. Those costs are covered by an RESP. His financials holdings consist of BNS and ECN. Do you see any value in selling ECN and replacing it with either SLF or GSY? Is there any possible catalyst that will start ECN on an upward trajectory?

Q: Are there any screaming buys for balance & growth investors that have emerged through last 2 month period on Canadian & US market? Please list 6 best buys.

thanks Andrew

Q: I currently own TOY (my only holding for Cyclical Consumer). I did have MG but sold it. I am wondering for a RRSP with a long time frame which 2-3 stocks of the list BCI, DOL, DOO. GSY, CCL.B. AW.UN which be best as I am trying to increase my holdings in this sector.
Thanks

Q: Could you tell me how goeasy and refresh financial are affiliated and does refresh financial effect goeasys bottom line.

Q: Good morning,

I am looking for a listing of your 5 top companies that have a history of increasing dividends over time.

Thank you

Q: Can you please comment on the Earnings for $GSY and how the Market might react.


Thanks Valter

Q: I have ECN in my RRSP and it is not doing much. I would like your thoughts on future outlook. I realize a tough question. If I was to sell could you recommend a replacement?
Thanks, Dan

Q: Hi,

5i is positive on GSY (As I do). How would you respond to Benj Gallander's argument that it is a risky stock due to its high debt load (https://www.bnnbloomberg.ca/market-call/benj-gallander-discusses-goeasy~1453874)

Thanks,
IF

Q: Thanks for this one, I managed to hold in to it for a nice reward today. What would you replace this with now? Thanks for your great service!
Nancy

Q: In the globe today there was a somewhat negative article about GSY and cash flow.
No need to reprint the entire article, I am sure you have read it with your morning coffee.
What is your take on this should investors be concerned

A portion below


At the behest of the Ontario Securities Commission, which was looking over the company's filings as part of a "continuous disclosure review," goeasy moved a couple of line items out of one portion of the cash-flow statement and into another. As the company noted in a news release, the change had no impact on the company's net income, earnings per share, cash position or balance sheet.

The change in the company's operating cash flow - a measure of cash the company generates in the ordinary course of business - was massive, however.

The company had told shareholders that it had $153-million in operating cash flow (OCF) in 2016; the reclassification turned the number to negative $21-million. For 2017, $179-million in OCF became negative $89-million. Over two years, that's a swing of $445-million (OCF figures are rounded).

And yet, the markets shrugged. The stock has not moved. Analysts covering the company did not put out notes. This was not "material," the word for what a reasonable investor would find important, a couple of analysts told me via email.

I think there's something wrong here, though, when a primary measure of how a company generates cash from its business can swing that much, and no one seems to care. Are we looking at the wrong things - or do financial statements that are compliant with generally accepted accounting principles - GAAP - not matter?

Q: Today Gsy had a press release that indicated it was going to issue more unsecured debt for corporate purposes..
It also released a hint of what its earnings release on August 7 will contain.
Positive numbers.
The stock moved up 2 dollars
Question: is it common for a company to issue a " hint" of its earnings almost a month prior to the official release .i have only seen this before when a company was under a short attack

Q: Hello,

What are your thoughts on this stock. I am down 20% and was thinking of replacing it. Can you recommend another income stock to replace it with.

Thanks

Q: Have done well with CXI. Also have BNS and TCN for financials. Your last few answers and report have me thinking of selling CXI and buying GSY. Would you make this move or just leave it, long time frame.

Q: Are there any Canadian stocks that are safe from Trump?

Q: Any reason for the sell-off ?

Q: It’s becoming increasingly clear Canada is facing challenges on many economic fronts from increasing regulatory burdens, inability to attract foerign capital and sub-national debt at the provincial level. Given that these, among many other, factors make Canada a questionable destination for investment, I’m wondering about your take on what this means going forward. Apart from an increased international focus, are there some Canadian companies doing business in Canada you feel can benefit from a potentially deteriorating economic scenario in Canada. I've recently taken a position in GSY and am considering DOL. Your thoughts on these and other suggestions would be greatly appreciated.

Q: I am transferring funds to a TFSA and an unregistered account.I have picked the above to be put in my TFSA and would like another 10 picks for my unregistered account as well as your opinion on the 10 for TFSA please.Both accounts have 100k to invest with a 10 year time line to retirement.

Q: I sold Enercare in my RIF and was considering TCL.A . I own CCL.B is therean overlap ? what other income plus moderate growth stock should I consider

Q: Hi team,

Would you be able to suggest a couple of stocks with value, momentum and a chance for higher pricing or spending either in Canada or US. I have some cash but I am hesitant at current valuations in general.

Thank you as always!

Q: I see this name seldom mentioned when asked about your favourite stocks. Do you still like it after it’s massive run up? In what decile would you rank it amongst the 5i stock coverage universe ?
Thx
Karim