Investment Q&A

Q: What is 5i's opinion of Sangoma's Q4 and fiscal 2019 results and the major acquisition just announced? With the acquisition Sangoma's recurring revenues is 45% of total sales. You it be fair that a Company of this size now trade at a sales multiple greater than 1 when a good portion of revenues are recurring?

Q: Good day 5i,
XAW is a all world ex Canada etf. However, on their website it has Canada at a 31% exposure of the overall portfolio? I'm confused, eh!

Must be a glitch?
Thanks

Q: starting to get our toe wet with this one. do you think it will drift lower with tax loss selling. when do they report and what is expected?

Q: Good morning 5i. I have held GUD for 5 years hoping for a good deal. My weighting is now half of my full weight now. With this deal with Biotoscana now should I double up or wait to see what the market does? It is early Monday morning before the market opens.
Thanks for keeping me patient and on track with GUD. It's been a frustrating road.

Q: Happy Monday.. I just wanted to thank you for advising us to be cautious on the marijuana sector for the past two years. I know you took some heat as they were going up for not recommending the stocks in the sector but it really looks like the party is over now with HEXO, TRST, TGOD and all the other problem companies. It is hard to believe that after the investment banker frenzy some companies are having a hard time now financing growth. Anyway, thank you.

Q: Hi,
I've owned ONEX in the past but currently don't have any exposure to private equity and I'm looking to get back into this space. Should an average long term growth investor have some exposure to this asset class? Looking to make PE 3-5% of my total portfolio. Can you rank the mentioned stocks from best to worst and which ones are best for long term growth and capital appreciation. Any other suggestions or advice would be welcome. Thanks!

Q: You must be glad Knight has finally done a big acquisition; please comment.

Q: I own dsg and i am thinking of selling and buying byd.un. What do you think of this switch. How do you rate these two stocks for growth.

Q: Wondering if you have any info/thoughts on the lawsuits (current and future) re BA and the Max issue. Specifically, I anticipate that the airlines which fly the Max will be suing Boeing for lost revenue/extra costs as they compensate for not having the Max fleet in the air (more lawsuits once the return to service date is determined (if returned to service). I read more and more airlines are planning to not use the Max until Jan/Feb 2020 pending FAA approval. Still considerable uncertainty. Essentially a question on the impact of future lawsuits from major airlines.

Q: I have read about the new TSX30 index. Is there an ETF yet that follows it?

Q: Hi, Badger Daylightinh was added to Balanced Portfolio recently, as it dropped from its high after last quarter's soft results, which you characterized as " one time". Induatrial alliance today downgraded the energy services sector as well as diversified energy companies, expecting more misses in coming quarter. BAD's was a Hold and its price target was dropped to $43 from $46. Lower rigs utilization south of the border was cited as one of the reasons.
My question is that BAD appears to be lumped with energy services sector, for its valuation and growth prospects, although most of its clients are in utilities sector. If this continues to be the case, how do you see BAD separating itself from energy services pack and receiving a more appropriate multiple. Do you expect this to be an ongoing overhang and if so, does it deserve a place in Balanced Portfolio ? It was added to the portfolio at $39.90 ( I think). Is it prudent to just take a smal loss and move on? Thanks

Q: Can I get your thoughts on Tricon? Do you like the TAH part of the business? It seems to me that it could be a challenge to efficiently manage that many single homes over a large geographic area?

Q: Good morning guys :
Another stock I am keeping an eye on is this name. What do you think of this reit in the pot industry .
Thank you
Mark

Q: Hi, Which specific country ETF's would you say has the best growth prospects over the next five years, thanks?

Q: Which stock or ETF would you recommend to buy in Health sector for TFSA? Need 11.4%. Used to own GUD but sold awhile ago with small loss. Don’t mind USA exposure but prefer to buy in CAN dollars.

Q: Which companies are biggest into CBD oil? There seems to be much interest in the medicinal value of CBD oils. Thanks.

Q: Thinking of selling BEP.UN, which has gone up 50%,for the parent company BAM.A since dividends from the subsidiaries flow up to the larger entity. Your comments positive & negative on this would be appreciated.

Q: What is the expected outlook for Vet on Oct. 31 when their 3rd quarter results are released?Thanks
Dave

Q: Any news if they will trade on the canadian exchange. I am interested in holding this gambling/sports book stock as I think government fiscal pressures will generally be a boon for the industry. I am not interested in holding an british company and their foreign tax implications. Any suggestions when to sell and where I should be able to have this same play on the toronto exchange if they don't cross list. I am grateful for your informative service.
ps can you re check that you have my proper email address. I see you answered my previous question but did not email to advised as you used to.

Q: Hi, my question is about proper percentage allocation of stocks, ETF’s and investment funds. At this moment my wife and I have a holistic approach of the family investments. We have assets spread out between RRSP’s, TFSA’s, Investment accounts, Stock options from my employer and Defined contribution pension plan (Investment funds). We also have a revenue building with 3 apartments that represents 40% of total family assets. We don’t include this in our holistic approach because we live in one of the apartments. So, my question does not include the real estate asset.
The allocation in investments is:
1. 40% in investment funds, mostly in the Defined contribution pension plan,
2. 15% in the VGRO ETF
3. 45% in 20 stocks.
The way we are looking at it is for example; Constellation Software is at 5.07% of the total family investments. Obviously, the percentage would more than double that if we look at its waiting just with in the stocks we hold. At the low end we have CAE at 1.00% of the total family investments. So, is this a proper way of looking at it? Should we be analysing our allocation differently? Is the holistic approach the way to go ?