Investment Q&A

Q: Bravo Peter for your courageous and successful swim !

Is it too late to contribute to the cause this year ? How do I go about it ?

Thanks,

Jacques,
Île-des-Soeurs

Q: This stock in 5G seems to be surging. Is it still a good time to get in?
Thank you, as always!

Q: Hello 5i Team

Further to questions on parking cash, all the discount brokerages offer "High Interest Savings Account" mutual funds which are CDIC insured deposit accounts for the various subsidiaries of the bank.
Each of these is insured to $100k under CDIC, therefore you are able to segregate $400k under CDIC insurance in one brokerage account.
I am most familiar with RBC Direct Investing and TD Direct Investing, each offer 4 separate subsidiary companies with CDIC coverage. Other discount brokerages may only offer 1 option. A list is available on-line at:
https://www.finiki.org/wiki/High-interest_savings_account
The benefit of using these in your brokerage account are having cash available for other security purchases and the value is included for calculating available margin (loan value). The interest is paid monthly and can be reinvested automatically.
Thanks

Q: You commented on the good quarter but noted the only negative being lack of positive cashflow for the quarter. Would this not be expected for this type of company, with very large contracts, and high working capital requirements? The value proposition looks hard to ignore all things considered so I’m just trying to understand if this is actually something to worry about or not? Thanks

Q: This is regarding Douglas' question today about selling US listed stocks held in an TFSA. It is my understanding that any buy and sell in an TFSA account, Canadian or US listed, are not subject to tax, and has no bearing on next years's contribution room as long as there is no withdrawal. Please clarify. Thanks

Q: your opinion on earnings, i know you like this stock, would you add to it in here. dave

Q: Hi 5i team - Could you give me an update on some of the fundamentals for Brick Brewing. In particular P/E, level of debt if any, insider ownership and recent activity, cash on hand, anything else you would consider relevant. Would you classify this as a growth company and if so what are its prospects for growth. Thanks.

Q: What are your thoughts of this etf for a hold in an rrsp as a fixed income component?

Q: Hi There,

Can you please help me understand why CVD and CPD are in a declining trend over the last ten years? It seems like the yield can not cover the price drop. I want to add them to my portfolio but need help to understand what move its price.

Thank you for the great service!

Dong Sheng Wang

Q: Regarding TFSAs and the withdrawal rule. (I have asked my broker and researched the CRA site, unsuccessfully).
If I transfer an inter-listed Canadian stock to the US registry, and then sell it, what is the contribution room in the following year? Is it the C$ equivalent of the sale, at the time of sale, or the C$ amount at the time of transfer, or the C$ equivalent of he sale proceeds at the time of re-investing? And what exchange rate would be used...…..bid, ask, or middle?

Q: Not a question..just a comment. Congratulations Peter on your BIG SWIM. You are a brave warrior to battle those waves to help kids. I look forward to donating to your next challenge as well. Kudos.

Q: At current levels which should we sell/keep ? They now total ~35% of overall equity holdings, and ~20% vs overall holdings inc cash. Thanks.

Q: Along the lines of thinking one or two big winners can make up for a lot of lower percentage gains in a portfolio, I have let a couple stocks run well past 5% of my total stock allocation. I realize any stock can get hit hard quickly and understand the risk I am taking. My employment takes me away from watching or being able to trade a security for up to 5 days at a time. In this situation would you use stop loss, if so a thought on the percentage drop to set it at and does the size of company effect the number. SHOP, LSPD, PEO are a few of my considerable overweight's.

Q: Hello 5i,
I need to increase the following: ABBVIE, CCL, AQN. ENB. LSPD. and TCL. Some like LSPD I hold as a satellite as I am mostly a value investor but will take advantage of your suggestions on a good growth opportunity but smaller scale than my value equities. Please list the above in the order that I would slowly increase these holdings by $2,000 at a time.
thank you
Stanley

Q: Follow-up to Shirley's question about high interest savings accounts, best rates and Manitoba locales. I use rate hub to get best rates. Location only enters the picture if you are investing more than $100k. Manitoba offers unlimited coverage where elsewhere is covered by CDIC $100k. Once you select the institution you want to deal with, call them to get details on setting up an account and to get comfortable with their operation. Manitoba credit unions generally have regular office hours customer service (no weekends).

Q: Gentlemen, good morning.
I am searching a Canadian (global) actively managed broad market bond fund. Like US FBND.
Thanks Regards

Q: I have been looking at some rate reset preferred shares with a floor rate that are trading at a discount and have a relatively short time to their 5-year maturity (a couple examples being ALA.PR.I or ECN.PR.A). What price moves would you expect as maturity nears, if rates are trending down, or are lower than today? How likely are these companies to renew for 5 years at the floor v simply redeeming them and re-issuing a new preferred with a lower rate? Are you aware of any rate resets with a floor that have reached their 5 years, and what did the company do (ideally any PF-3 rated preferreds).
Thanks

Q: When trying to find the next stock with great returns like, Shopify or Beyond Meat what or where should one look.
I'm guessing something disruptive with greater than 30% revenue growth.
I have been cruising news articles and used stock screeners and haven't found anything recently. I'm guessing that a vegan fast food restaurant chain would take off similar to Chipotle and Noodle Co. did years ago.
Any companies or thoughts?

Q: Please comment on their latest earnings. I sense they are making progress on the debt reduction but revenues appear weak compared to prior year. Is the revenue drop the result of selling off portions of the company to reduce debt or is there some other reason? Backlog seems to be smaller but not horribly so which may be a positive. Not sure why they are keeping their 0.01 USD dividend other than public relations I suppose. I suspect MAXR needs to make itself smaller if it wants to show a profit and it appears management has put the company on that road.
I no longer own any shares but am still mildly interested. Without sustained revenue / profitability growth it would be too risky to jump in.
Thanks,
Jim

Q: How do you see earnings of MCR which were released last night.
It appears to be a beat. They seem to have cut their operating expenses
a lot from the previous quarter on a percentage basis.