Investment Q&A

Q: With the recent run up in EIF's share price, I've made a solid profit.
I'm now considering selling either half or all of my EIF shares and purchasing partial positions in both MX and NTR. I feel the latter two companies currently represent good value and could be considered "safer" than EIF. I have a 3-5 year time horizon.
Kindly provide your opinion

Q: Hello 5i,

I currently hold these stocks in an unregistered account. I have journaled over the five companies into a US account for the dividend. I would like to add possibly two more companies that pay their dividend in US funds. I have the rest of the balanced fund and some growth in my TFSA. Any suggestions to add here, and if it results in duplication, what would you remove from the list. I am well balanced and would likely have to sell at least one current stock and could just add the other if you can give me two. Was looking at Nutrien or AQN. Didn’t pull the trigger on AQN last year at 12.5.

Thanks for the assist.

Q: Any news on MX today. Down over 6 per cent now.

Q: Hello Peter, I called in BNN market call but could not ask the question. Good show.
Question is about adding new money on a regular basis. What do you suggest adding to - positions that are lagging ( and thus are at the lower weight now - some listed above) or picking ones with most attractive outlook (from fundamental perspective).
Can you please suggest top 2-3 names in each portfolio at this time.
Thanks

Q: Any idea for the big bump in Methanex this morning?

Q: Hi,

I have a two part question. I currently have enough cash in RSP to add one new position. Disregarding the fact that these are completely different companies/sectors, which security looks most attractive today as an entry point for a long term hold - ATA, GSY, or MX?

And second part, considering that some believe Sept-Oct can be a volatile period, would you generally think its ok to purchase now, or would it be prudent to wait until Nov?

Thanks for all your help and advice.

Q: Looking at the chart of MX and an ETF or INDEX of oil and gas, they are pretty much idnetical. This can't be a coincidence. What does MX correlate so closely to oil stocks?

Q: I am thinking about purchasing one of these companies. What would preference be and which one would hold up better if the market takes a downturn. Thanks

Q: CIBC and Methanex both look cheap, with reasonable dividends, prices bottomed??? would you consider either or both a buy here? Or suggest better similar situations?? Thanks, Jim

Q: Would methanex be a good candidate for tax loss selling? How much further could it be driven down (although, I see it may have turned a corner and swings around quite a bit)? Does it require a strong economy to do well?
Thank you.

Q: As we approach year-end, I wonder if you have given some thought yet to tax loss selling opportunities. Almost anything in oil and gas and lots in materials would fit the bill. Will you be publishing a list of candidates as you have in previous years and when might you do so?

Q: I need to increase my materials exposure by 2%.
I was thinking of starting positions of 1% each in MX and KL in a taxable account.
Your thoughts on these two or other suggestions instead.
Thanks
Jeff

Q: I own shares of MX and down significantly on this stock. From what I understand, a big part of the drop can be attributed to largest shareholder M&G Investments selling 3% of company shares in August - here is their letter to MX shareholders: https://www.newswire.ca/news-releases/m-amp-g-investments-sends-letter-to-methanex-shareholders-868146646.html
What do you think of this situation? Would you recommend MX as a 3-5 years hold or should I sell and take a loss?

Q: I do not have any basic materials in my portfolio and I am considering buying either MX or CHE.UN. Which would you buy and why?

Q: Good morning gentlemen, would it o k to jump into mx . Why do you think it’s so low from its high. Is the div safe. What is your take on this . Would you buy it today for 2-3 year hold. Thanks. Alnoor

Q: Looking for a dividend payer of minimum 3% with your highest conviction of a capital gain please? I need to replace some losers in my taxable account.

Q: I looked at Morningside Quant Reports Thompson Reuters Reports and other stats on the above stocks and found the following:
TSGI. 16% Discount Undervalued. PEG .47 Moderate Buy/Buy ratings from 6 analysts

NFI. 26% Discount Undervalued 9X P/E Moderate Buy/Buy Rating 6.2% Yield , 4 analysts

COV. 47% Discount Undervalued. 0 analysts

MX. Significantly Undervalued 7.5 P/E., PEG .11 Moderate Buy/ Hold Rating, 4.34% Yield, 9 Analysts.

SU. 21% Discount, Significantly Undervalued 10.5 P/E, 7.24 PEG, Moderate Buy/Buy Rating 4.44% Yield 15 Analysts

PHO. 35% Discount, Undervalued. 15.2 P/E, Strong Buy/Buy Rating, 3 analysts.

What value do you place on Quantitative Reports as compared to other analyses? How useful are they? Are the above stocks overdone on the downside primarily due to recent global markets uncertainty or because of their own performance. The above stocks seem to have been severely re-evaluated. The idea of exiting a falling position is to eventually replace it with a position with better upside and less risk which seems to be the challenging bit. Your comments and opinions please.

Clarence

Q: I read with great concern in this weekend's National Post, David Rosenberg's article entitled "10 Reasons to take risk off the table right now". He makes ten legitimate reasons to do so. I would appreciate 5I's opinion of the article and his supporting logic. My high risk equities are WEF, NFI, TSGI, MX, COV and VET.
Carl.

Q: I have a half position in MX. Given its recent weak price movement, would you recommend doubling up to full position?

Q: Hi, 5I
Thank you to add to your comments the following:
1 how much shares the company bought over the past year to date
2 how much more they can buy on the buyback program
3 what is the actual debt to cash flow
4 MX seems to be quite sensitive to the economic situation due to the extensive use of methanol in many verticals. A look at the 2007/2009 action speaks volume on the exposure.
Take as many points as seems fit
Thanks