Q: What are your thoughts about the convert that Canaccord Genuity is releasing?
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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 own HBI and took a licken today on news they will not renew their contract with target onth eir champion brands. Would you continue to hold this stock or look elsewhere?
Thank you
I own HBI and took a licken today on news they will not renew their contract with target onth eir champion brands. Would you continue to hold this stock or look elsewhere?
Thank you
Q: I hold 2000 shares of ECI with a significant unrealized capital gain in a taxable account. I read in an RBC report that the offering of exchangeable shares "intent would be to provide a taxfree rollover" . Could you provide some explanation of how this would work. Thanks.
Ross
Ross
Q: West Fraser Timer and Interfor have both been highly volatile for some time, presumably due to tariff fears. I was not concerned with the declines as long as they recovered. However, both have now plunged significantly and are not showing signs of bouncing back. Is there anything to be overly concerned about here?
- Manulife Financial Corporation (MFC)
- Sun Life Financial Inc. (SLF)
- iA Financial Corporation Inc. (IAG)
Q: I now have roughly equal positions in IAG, SLF and MFC, with the total somewhere between 8 and 9 % of portfolio. I bought these primarily for the dividends. However, MFC has lost value relative to SLF - and IAG has lost even more. Why are MFC and IAG underperforming SLF to such a degree? Thanks.
Q: I was lucky enough to load up on this last week. My largest holding. On the TSX I see the market cap as of yesterday's close ~ $165 million for QTRH.TO. They were awarded ~$188 million CAD today in their lawsuit against Apple. To me, this should be up over 100% tomorrow just based on that. Im sure the market will also give a higher value to current cases and other patents now also. Shorts will also get destroyed. Thoughts? Anything I'm missing? Also, may I please have your longer term views of the company. Thank you.
Q: Hi 5i team :
I want to know how resilient is my portfolio to a downturn of the TSX. Can I use the beta value for each stock ?, is this a correct method ?. If so , where can I find the beta values ?, Some brokerages show a value (i.e. tdwaterhouse) . is this value reliable ?, how is the value calculated ?. Thanks for your help
I want to know how resilient is my portfolio to a downturn of the TSX. Can I use the beta value for each stock ?, is this a correct method ?. If so , where can I find the beta values ?, Some brokerages show a value (i.e. tdwaterhouse) . is this value reliable ?, how is the value calculated ?. Thanks for your help
Q: Please comment on earnings. Thanks
Q: Why the seemingly large premium?
Thanks
Thanks
Q: Hello 5i,
Sorry for another ECI/BIP question, but the questions to date that I have seen haven't addressed my question.
Given the dividend that ECI currently pays out of cash flow, and that BIP will ultimately receive that cash flow, and the nature of the funding, might it be reasonable to expect that BIP would increase their dividend in one of the first two quarters of 2019? Or, would their acquisition make debt re-payment a priority do you think?
Obviously, I know you cannot read the minds of BIP's Board and Executive team, but given their financial ratios, I though you might have some insight.
Thanks!!
Cheers,
Mike
Sorry for another ECI/BIP question, but the questions to date that I have seen haven't addressed my question.
Given the dividend that ECI currently pays out of cash flow, and that BIP will ultimately receive that cash flow, and the nature of the funding, might it be reasonable to expect that BIP would increase their dividend in one of the first two quarters of 2019? Or, would their acquisition make debt re-payment a priority do you think?
Obviously, I know you cannot read the minds of BIP's Board and Executive team, but given their financial ratios, I though you might have some insight.
Thanks!!
Cheers,
Mike
Q: Hi 5i
Thanks for some great picks SIS, TOY, WSP,KXS, MX to name a few.
Unfortunately I bought MAXR ($61) just before it was removed from BE port. It is about 1% of our total. Would you recommend buying more and move on to one of the BE names we don't own yet (CSU,CLS,PBH,BYD,SJ).
Thanks, Greg
Thanks for some great picks SIS, TOY, WSP,KXS, MX to name a few.
Unfortunately I bought MAXR ($61) just before it was removed from BE port. It is about 1% of our total. Would you recommend buying more and move on to one of the BE names we don't own yet (CSU,CLS,PBH,BYD,SJ).
Thanks, Greg
Q: If you don't choose to tender, will the stocks automatically be sold? if you aren't choosing to tender, should you wait or sell now? Sorry. I've no idea how this thing works: i was just stunned to see how much my ECI had gone up!
Q: Greetings 5i,
OSK, what are your thoughts on todays slide on what looks like good numbers? I have 3% position and now down 17%. Would you advise sell or hold. Im inclined to hold and just wait this out unless you see a fundamental issue.
Cheers!
OSK, what are your thoughts on todays slide on what looks like good numbers? I have 3% position and now down 17%. Would you advise sell or hold. Im inclined to hold and just wait this out unless you see a fundamental issue.
Cheers!
Q: Tks for all your insightful info. I am a fairly new investor and am wondering how to go about "tendering" my ECI shares as you have recommended to other members? Glynn
Q: Hi 5i,
Just a comment in relation to BIP.UN’s buy-out of ECI. I have held both of the securities for a number of years. ECI shareholders who have not previously held BIP.UN should take a careful look at it to determine if it is appropriate for their needs. ECI pays a fully eligible Canadian dividend on a monthly basis at a higher yield, relative to the recent past price range of ECI. It may be that the takeover premium makes BIP’s yield higher but only by dramatically lowering ECI’s. In contrast, BIP pays a quarterly distribution that is not an eligible dividend, is broken into three categories for tax purposes, and is paid in $US. Depending on one’s brokerage account set-up, some people may find that they are paying a currency transaction fee on each BIP distribution. It is important to be sure that BIP is really the kind of vehicle one wants to own. I hold BIP in an RSP account and it works well for me in that context but I would probably not want to have it in another kind of account. In regard to tendering to the cash and shares offer, people may want to consider how many BIP shares they would expect to end up with. If one’s ECI holding is relatively modest in the first place and one is likely to receive only 25% or less of the value in shares, a person could end up with a BIP holding that 5i would advise selling as “too small to have a meaningful impact on the portfolio.” If that is the case, it may be better to go for all cash (or sell it all at once in the meantime) and avoid paying a transaction fee later on an unnecessary tag end.
Cheers!
Just a comment in relation to BIP.UN’s buy-out of ECI. I have held both of the securities for a number of years. ECI shareholders who have not previously held BIP.UN should take a careful look at it to determine if it is appropriate for their needs. ECI pays a fully eligible Canadian dividend on a monthly basis at a higher yield, relative to the recent past price range of ECI. It may be that the takeover premium makes BIP’s yield higher but only by dramatically lowering ECI’s. In contrast, BIP pays a quarterly distribution that is not an eligible dividend, is broken into three categories for tax purposes, and is paid in $US. Depending on one’s brokerage account set-up, some people may find that they are paying a currency transaction fee on each BIP distribution. It is important to be sure that BIP is really the kind of vehicle one wants to own. I hold BIP in an RSP account and it works well for me in that context but I would probably not want to have it in another kind of account. In regard to tendering to the cash and shares offer, people may want to consider how many BIP shares they would expect to end up with. If one’s ECI holding is relatively modest in the first place and one is likely to receive only 25% or less of the value in shares, a person could end up with a BIP holding that 5i would advise selling as “too small to have a meaningful impact on the portfolio.” If that is the case, it may be better to go for all cash (or sell it all at once in the meantime) and avoid paying a transaction fee later on an unnecessary tag end.
Cheers!
Q: I have a question about Shopify. I am down about 10% on the company. Would you be add more at current price level? How fast this company will growth in your view. Thank you!
Q: you have had multiple questions on this stock, i own 10,000 shares, for me a small position and the stock keeps getting creamed, divvy near15% monthly, all my 30 years of investing experience tells me something is wrong, but 5i says nothings wrong, even has it in its portfolio, the company says nothings wrong, but the markets saying everythings wrong. please comment. dave
Q: Always nice to have a problem such as where to put the new money received from a 53% premium takeout of ECI. Thanks 5i!
Thinking of getting into CAE or PBH. Any preference? Looking for a bit more growth with some dividend over a 4-5 year period.
Thanks
Sal
Thinking of getting into CAE or PBH. Any preference? Looking for a bit more growth with some dividend over a 4-5 year period.
Thanks
Sal
Q: Hello,
Currently a very happy ECI shareholder. Some questions on the transaction.
1. Based on $29 eci share and current bip.un price, if you accept the rollover there would be a bump up in yield as well, correct?
2. Do we know how the distributions from the rollover security would be taxed?
3. Which option (cash or rollover) would you prefer?
Appreciate your service. Regards.
Robert
Currently a very happy ECI shareholder. Some questions on the transaction.
1. Based on $29 eci share and current bip.un price, if you accept the rollover there would be a bump up in yield as well, correct?
2. Do we know how the distributions from the rollover security would be taxed?
3. Which option (cash or rollover) would you prefer?
Appreciate your service. Regards.
Robert
Q: What are the tax implications if I take the part cash-part stock deal? Are capital gain taxes due only on the "part cash" portion?
Thanks...Steve
Thanks...Steve