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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi
I have been renovating an old cottage on the east coast, it seems that the supply chain has “broken” when trying to get lumber supplies to the extent that builders are saying forget about new builds.
Is there a buying opportunity here for lumber companies and if so what companies would you suggest.
Thanks
Melissa
Read Answer Asked by Melissa on July 27, 2020
Q: hello
What is your view of Fax Capital ? I understand this is like buying a small cap mutual fund of sorts. So it all comes down to management prior success. Do they have a track record of active ownership either at Fax or previously ?
thanks
Read Answer Asked by Francois on July 27, 2020
Q: Could you please comment on URL or NameSilo Technologies Corp.

Many thanks,

Dave
Read Answer Asked by David on July 27, 2020
Q: Hi,

My question is on Intermap Technologies Corporation. The stock has had a big run lately and mainly due to a debt restructuring deal. Its ~34M of debt (which was crippling the company before) will be settled in this private placement for 1M dollars. Moreover, it's subscription business is growing which should provide a solid foundation for the company. With a few more contracts and the debt settled, this company should be EPS going forward. If so, the companies $190M NOL carry-forwards should convert to deferred tax asset (which would be larger than the market cap). Not to mention, its tangible and off-balance sheet assets...

What are you thoughts on this company going forward? Am I missing something in my analysis.. this stock still seems cheap (assuming the debt conversion takes place). I look forwars to your reply.
Read Answer Asked by Matt on July 27, 2020
Q: Hi Peter, Ryan, and Team,
I know you continue to like Loblaws, which we own. We also own Metro, which has a much better one-year chart. Is there a compelling reason to continue to hold L? Why is it such a laggard? It appears to me that the Shoppers Drug Mart acquisition didn't really yield the results that one may have expected. Am I wrong about this? Your insight is invaluable.
Read Answer Asked by Jerry on July 27, 2020
Q: Hello,
recently I was listening to an interview of a portfolio manager of Artemis Capital. He was discussing portfolio construction and allocations to different types of investment classes.
His firm did research over an extended period of time and they devised an allocation model which performed the best over the time frame. The main point of the interview was diversification which would be in line with what 5i keeps saying time and time again when reading replies to member questions.
Having said all that, there is one point they made which I did not follow to well and would like your view on. They indicated that they would allocate a portion of a portfolio to volatility. Anyway, I did not understand and would like to know what they meant by this. They were talking about options so is it basically using puts and calls?
If you can expand on what would constitute investing in volatility and perhaps give a few examples i would appreciate it to help my understanding of this concept.
Thanks,
Dan
Read Answer Asked by Daniel on July 27, 2020
Q: In the aging demographics trade, which of the three companies would you buy right now and which would you sell?

What are the valuation and growth projections for PLC and SIS?
Read Answer Asked by Max on July 27, 2020
Q: Just reading about the new limited resource capital notes (LRCNs) that RBC is issuing to institutional investors at 4.5%. Since these pay interest, they are better for the banks than equity because they can deduct interest payments but not dividends. For investors, dividends are preferable from a tax point of view but I am wondering if banks are going to try and reduce traditional preferrred share offerings and issue more of these LRCNs. This is probably why preferreds have gone up recently. How do you see this playing out?
Read Answer Asked by Maria on July 27, 2020