Investment Q&A

Q: For an income investor with a long term horizon how would you rank LNF, ALC, WJX, AW.UN, and DBM in terms of total return?

Q: What do you think of wjx at these levels for a income investor. If Canada decides to build pipelines would it help this company,

Q: How low would this need to go to become attractive. Is the market already suggesting a dividend cut may be on the way?

Q: Please provide comments on their latest results and their current debt vs equity position. With a 17% drop after reporting their results, do you think the drop is overdone? Would you continue to hold or sell for tax loss?

Q: I am down 7% on WJX. Should I sell if so what would you recommend as a replacement.

Q: What is your view on Wajax? As a smaller market cap with yield, is it a decent alternative to the bigger names like CAT, TIH or FTT? If not, which is your preferred name at these levels and why? Thanks and deduct the necessary credits...

Q: hits the important check marks i think. your comments would be appreciated thanks

Q: I own MTL and CN and done well. Any other similar companies I could add (with decent div. )

Q: Hi, i have recently become more impressed by the performance by my micro/small caps in my portfolio (above). In that vein, could you suggest a few more that have decent balance sheets, dividends, and momentum ?

thank you.

Q: Good morning. I am underweight Materials and Industrials and want to add to my holdings in those sectors. I considering adding some or all of the above as new positions to my RRIF. Do you consider it is a good time to be adding these companies to my portfolio or do you have other suggestions in the Material and Industrial sector that you consider better to purchase at this time. Please take as many credits as you consider appropriate.
Thanks for your great advise.

Q: What is your opinion of WJX as a buy ? Thanks.Cheers

Q: Hi 5i
I'm doing some portfolio clean up based on the assumption that the next 12 to 18 months are going to bring economic doldrums as the economy reacts to interest rate increases which, I think, take a while to filter down to where they effect corporate profits generally and, possibly, to where manufacturing and construction falls off enough to directly affect these names.
I'm thinking about selling DXT, CSW, WJX, LIF, and MREL (all at modest losses but in a registered account so no tax benefit) on the premise that they will not do so well over the next year and will take quite some time thereafter to recover such that there is a significant opportunity cost to holding them. (I was happy enough to hold them for their respective dividends/growth in the before times, but not so much now when growth seems unlikely.)
Could you give me your thoughts on my thesis in general and on how I've applied it to these names - is it sensible to sell them now at quite small losses given what is likely coming for them over the next year or so, when compared to what might be made of the money they are presently tying up if I handle it right.
Thanks!
Peter

Q: Hi 5i,
I wonder if you could give us some guidance. My wife holds the above in her RSP, with all being more or less a full position except for ENB at 2X, BCE, CM, and SU at 1.5X each and CHR and DXT at .5X each.
She has until the end of 2024 to convert to a RRIF and currently has $40K to contribute to her RSP and has the room for that contribution.
She would like to invest in some different names, or divest/reinvest in those she has, with an eye to maximizing value before the conversion to a RRIF and to continue thereafter. She's not asking for much - just safety, capital appreciation and income ...!
Based on this info, can you offer any thoughts on new names to add or which of the existing to either pull back on, or dump entirely if that extreme measure seems warranted?
Thank you 5i, and we wish you all an excellent holiday season.
Peter

Q: Would you consider starting a new position in Wajax in an already diverse portfolio? If so, in a registered or non-registered acct and at what price? Thank you for your continuing guidance. Donna

Q: Peter, your opinion on wajax please. Looking for safe div and a bit of growth. Ken

Q: Hi Peter
Wajax just released their financials and the stock tanked today .
Can you please comment on the quarterly report .
Is this a time to hold , buy more or sell Wajax

Thank you

Q: I have very little exposure to staples and industrials in my portfolio, which is mainly composed of ETFs. What do you think of these companies, which are all rated outperform by RBC? Is KPT a good proxy for staples? If not, what would you suggest? Please rate the other three in the industrials category in order of preference. Thank you.

Q: This stock still seems like a bargain even at current price. They beat the numbers by a nice margin and their outlook both short and long term was quite upbeat (I listened to the conference call).

Q: Hi 5i,
I hold NFI in a reg'd account where I endeavour to buy and hold. A while ago it was up nicely but then lost all its gains and more when the revised guidance came out. Now, with its recent soft recovery and dividends accounted for it's back in black, slightly.
I'm not optimistic about NFI's next couple of years and would like to see better capital gain and dividend income from the funds currently in NFI, and I'm considering WJX as a replacement. What do you think of this move and, if not WJX, can you suggest another one or two names for me to consider?
Much the same circumstances and question regarding AQN, which I think is somewhat stale these days and may be for a few years to come. I'm considering CPX as a replacement and would appreciate your opinion on that move, and your suggestions of one or two other than CPX if you think leaving AQN behind is wise but CPX might not be the answer.
Thanks and please deduct accordingly.
Peter

Q: Please comment on 2nq q numbers. This stock appears to have more upside, long term.