Investment Q&A

Q: I'm thinking of journaling the above inter-listed securities over to my US RSP account as a currency play (I'm expecting CAD weakness vs USD over next 1-2 years). Other than CAD dividend exchange rate fees, are there other caveats to be aware of with any of these securities specific to their US listings? I.e. liquidity on NYSE? Thank you.

Q: Hi team, I hold the above in more or less equal weights and I need to sell one to fund my RIF payments for the year. Which one would you expect to show the least growth in the next year? Or would you chip away at all of them equally?

Thanks as always, Rod

Q: What do you think is the primary reason why EIF is having such trouble getting any kind of traction? Their recent earnings were solid and well received by investment firms, many of whom raised their targets (eg. TD, RBC, Canaccord, Raymond James, ATB). And yet within a couple of days, the stock price has reversed itself and is now back down below $48.00.

Thanks as always.

Q: Hi Peter & 5i,
Q1 - CSU and VGT values have caused my TECH sector allocation to be overweight. Knowing you can't personalize weightings and keeping in mind the theory of letting your winners run. Would you see a trim of CSU and VGT and putting those proceeds into GSY as good switch for future growth? Or would I be just shuffling future growth from one sector to another?
Q2 - In showdown of TIH and EIF which one would you recommend for overall future returns? Do you have concerns about the debt levels of EIF versus the EBITDA? No such concerns with TIH.
Thanks always for your great insight and advice.

Q: Hi did anyone listen to the conference call and we’re there any noteworthy tidbits? Cheers

Q: Your thoughts on their results please.

Q: Hi. Could you please give the short positions on Eif on the Canadian and USA sides. Thanks guys

Q: Good morning - I need more US exposure as I am overweight Canada. I will need to sell some/all of holdings I have in PBH, L, ATS, TOU, SU and EIF. I hate to sell any of these companies but someone's gotta go to raise cash. Taxes are not an issue. Can you suggest US companies that you would like just as much, which pay dividends and which will keep me in the realms of Industrial, Consumer Discretionary, Energy. Thank you.

Q: Hi, was wondering about swapping Nvei for Eif .
Looking for a more stable company with the dividend. Would also get a tax loss by selling Nvei . Could you talk about the two for management, debt, and long term investment..
Which would you like in a downturn or recession if or when we get one?
Thanks

Q: In my RRIF , I am looking at selling one of these stocks to buy UMAX for its higher yield and diversified holdings. Forgetting portfolio composition , please provide the order in which you would sell first (1) and then to last (5).
Thanks. Derek.

Q: Could you expand on this please? "I like EIF and hold it in greater amounts in my non registered account where I intend to keep it but expect it will be dead money for at least 6 months while Northern Mat recovers."

Q: My only 2 TFSA holdings, held in equal amounts are WELL ( down) and EIF ( up ). I like EIF and hold it in greater amounts in my non registered account where I intend to keep it but expect it will be dead money for at least 6 months while Northern Mat recovers.
Am looking at selling EIF and along with my $7,000 contribution buying CALF , GLXY, and LMN in equal amounts, leaving WELL the largest holding at approximately 40% weighting ; the others at 20 % each. My TFSA is approximately 4 % of my total non registered and RRIF accounts and is not considered material so I wish to rebalance it towards stocks with more growth ( and risk ) potential.

I tend to go crazy with market timing : any advice on how to proceed on the sale and purchase of these? Any potential “ flashing red lights “ with this move ? Thanks. Derek

Q: In 6/23,EIF did a $100m Bought Deal @ $52.25.Since then it has gone south to close today at $45.62.So far,no usual Jan.bounce. Is it timely to add/buy? Will it returns to the above $52.25.Thanks for U usual great views & advices A comment on Doo.In 5/22,closed a Dutch Auction for some 2.4 m shares at $103. per share.And now Bains its biggest sharehoder is selling 2m shares @ $91 on a Bought Deal basis

Q: Which would you recommend and why
Manulife or exchange income fund
Thank you

Q: Hi, I've heard that over the long term, dividends make up the most significant portion of one's stock market gains. Is this true? When I look at my winners, (CSU for one), it's not, but in any case, could you list 3-5 of your current favorite dividend growers?
Thanks as always, Rod

Q: For the last 5 years LNF has done nothing. Yes it hs a dividend of 3.8%. But cheap as it is do you see it advancing much? EMA, EIF, and NWC pay higher dividends and have advanced quite a bit since bought. Would it be suggested that any of these three could replace LNF or should I hang on to LNF in the hopes that it may spring to life?

Q: I am considering adding to current positions in these companies. I know timing is impossible to predict but which of these companies would you be adding to now and which would you wait given that we are heading in to end of year selling<

Thanks
Tim

Q: Hi. I'm currently over weight in Consumer Defensives (BYD, PBH & PRWM) and under weight in Industrials (WSP, TFII, STN & SIS).
I'm thinking of selling PRMW and buying EIF. Based on future prospects do you think this trade makes sense. I intend to hold for a few years. Thanks!

Q: Down 15% on EIF in a cash account. Trying to decide if I should sell for a tax loss and rebuy in the new year...or if the stock will rally in the run up to Christmas. Your thoughts please on whether I should sell/rebuy and - if so - what you would use as a proxy. Thank you.

Q: Another tax loss question. Currently down 19% on EIF and 11% on NPI in a non-registered account. (Interesting to note analysts are giving both 'strong buy' recommendations.) First, EIF. Would you sell, sell and repurchase, or stand pat? And if your recommendation is to sell and repurchase, would you repurchase before year end or wait 'til the new year? With regard to NPI, would you sell and repurchase? Stand pat? Or replace it with something like H? (BIP and BEP already held). The goal with both stocks is income with some growth. Thank you.