Q: This is both a comment and a question:
I know that 5i doesnt need another "bodyguard" ... or even someone to "beat the drums" for 5i's expertise ...but as you frequently suggest ( and clearly many of your happy customers do the same) namely: we need to do our own homework too.
As part of that process, one of my sources is RBC Direct Investing where I can pull up pretty much everything I could ever want to see on a stock. This includes Morningstar ratings and a rating such as undervalued, overvalued and fair value.
The question: can you tell me how you view the value of this information as part of the investment process? Given that nothing is perfect, is this information highly regarded as useful. I would expect RBC is convinced "yes" since they likely pay hefty fees for the service.
(I could call Direct Investing on this matter, but I believe a 5i answer will be far superior to anything I would get there.)
Finally another comment and specific examples consistent with the 5i point of view:
After reading your comments regarding "throwing in the towel" on TV and RHT .... and having read so many critical comments from your customers, I decided to check Morningstar.
Both RHT and TV have 5 star ratings which is as good as it gets. Similarly the cuurent price and Fair Value for TV are 0.43 and 0.93 cents; RHT 0.32 and 0.68 cents. If I read these numbers correctly, Morningstar still sees an upside of over 100% on each of these stocks..... not unlike 5i's original perspective. Of course I have no idea of the timeframe. Nonetheless I am glad to be out of both and be able to use the money for better opportunities.
Signed: Another grateful customer who REALLY enjoys looking at the over the top performance of (to only name a few) KXS, CSU, SIS, PBH, PKI .... even Amaya/TSGI and more recently PSI (nicely up in a bad market).
Onward and upward....
I know that 5i doesnt need another "bodyguard" ... or even someone to "beat the drums" for 5i's expertise ...but as you frequently suggest ( and clearly many of your happy customers do the same) namely: we need to do our own homework too.
As part of that process, one of my sources is RBC Direct Investing where I can pull up pretty much everything I could ever want to see on a stock. This includes Morningstar ratings and a rating such as undervalued, overvalued and fair value.
The question: can you tell me how you view the value of this information as part of the investment process? Given that nothing is perfect, is this information highly regarded as useful. I would expect RBC is convinced "yes" since they likely pay hefty fees for the service.
(I could call Direct Investing on this matter, but I believe a 5i answer will be far superior to anything I would get there.)
Finally another comment and specific examples consistent with the 5i point of view:
After reading your comments regarding "throwing in the towel" on TV and RHT .... and having read so many critical comments from your customers, I decided to check Morningstar.
Both RHT and TV have 5 star ratings which is as good as it gets. Similarly the cuurent price and Fair Value for TV are 0.43 and 0.93 cents; RHT 0.32 and 0.68 cents. If I read these numbers correctly, Morningstar still sees an upside of over 100% on each of these stocks..... not unlike 5i's original perspective. Of course I have no idea of the timeframe. Nonetheless I am glad to be out of both and be able to use the money for better opportunities.
Signed: Another grateful customer who REALLY enjoys looking at the over the top performance of (to only name a few) KXS, CSU, SIS, PBH, PKI .... even Amaya/TSGI and more recently PSI (nicely up in a bad market).
Onward and upward....
