Investment Q&A

Q: Hi, What would be your top five ir six companies in your portfolios with the best balance sheets and strongest management combined, to me this is an ideal combination for picking stocks, thanks?

Q: Sylogist has been buying back shares in the market. I really don't see a big benefit in this seeing how the stock is already so illiquid, and we are already so late in a cycle. Is it really that hard to spend some of the 30million cash on something accretive where it is more beneficial to be buying back shares? Has the company stated in a conference call what they plan on doing with the cash and if they are looking to deploy it soon?
Thanks.

Q: I understand the WH has authorised only partial bank regulatory reform, with the associated benefits denied to the larger institutions. Could you please comment on the implications of this announcement and provide one or two suggestions. Thanks.

Q: Hello,
I have my accounts with Investorline. I have access to research reports from both S&P Global (quantitative stock reports) and Morningstar Equity Research as part of their service. Are these a good source of information or would you have any red flags that I should be aware of before using these as part of my research?
They also provide analyst ratings and target prices which I always take with a grain of salt. I know in past comments 5i doesn't view these favorably but do these offer any value to investors or should we just ignore these?
Reason I ask is there are always guests on BNN that do not view analysts very favorably for independence and other reasons. After hearing this many times, it gives one pause.
Thanks,
Dan

Q: Hi 5i
I understand I'm comparing apples/potatoes here. For a 3 year horizon which one of these two companies could potentially provide a better returns.
Thank you!

Q: Hi!
About the report card, are the 5 yr revenue growth, 5 yr EPS growth and 5 yr ROE retrospective or prospective calculations and if prospective, how are you arriving at these numbers?
Thanks!

Q: On May 2 on BNN,Peter's TP were GC & TSGI---great results.On May 24,one of Ryan's tp was GC.On May 11 5I prefers TSGI over GC if have to choose,but OK with both.So today I like to ask: Is it better for me to buy both @ these elevated prices or pick one;if the latter,which one?

Q: I am interested is some dividend stock and wonder how you feel about IPL . Any other ideas in this category?

Q: Why is the stock down dramatically as soon as they were listed on the NY exchange?

Q: Greetings 5i,

I currently hold a full position in BCE, and consider it one of my "core" holdings. Moreover, I very much like the prospects of the telecom sector as a whole, given its (at least in theory) ability to hold up well under adverse economic conditions. Thus, I have been considering adding a position in either AT&T or VZ to diversify my geographical exposure to the sector. I have a fairly long time horizon (I am 36), and am in no great rush, but would, nonetheless, greatly appreciate your insight into each as a long-term "core" addition to a generally conservative portfolio.

Thank you.

Q: Do you have an opinion on Enercare? buy sell hold

Q: TV dropped from a $1.75 high in 1/18(that's a mightly 58% drop in such a short time)to current $1.04.Also,as stated,it missed earnings 8 quarters in a row.Are there other reason(s) for this ugly behaviour?Is it time to enter. Thanks for u usual great services & views. Ryan,you were great on BNN today.Such a great performance on your past top picks

Q: What would be your top 5 ( in order if possible) non-dividend paying CDN stocks that offer the best risk/reward capital appreciation potential over the next couple of years.

Thanks,

Terry

Q: Hi, Transcontinental Ltd was recommended by some Portfolio Managers in the past, and has been on my watch list for some time. But it was Ryan's recommendation on BNN, last week that caught my attention. Although, company slowly started to divest of its printing/media assets over past 2 years and was making small acquisitions in packaging industry, but it was the Coveris purchase in April this year, which made most analysts to take note resulting in the stock earning a few upgrades. However, it looks like that brokerages are still not fully convinced of the true potential of this company although packaging should be close to 50% of company's business, post this acquisition.
Is this the debt level or the execution risk or the Management's capability and expertise or any other factors, in your view, which still has Bay street on the sidelines?
Identifying companies with huge inherent/untapped value and growth potential, at early stages has rewarded investors generously, in past. There are several examples in 5i portfolios, a few being, CSU, PBH and BYD.un. Do you see such signs with TCL.a ?

We own most of Bal Portfolio companies including CCL.b and RPI.un in packaging sector and are interested to add Transcontinental for above reasons (and more importantly, the fact that you like it). Would a 3% position be reasonable and is it prudent to buy a part position at current prices and wait for June 7 results (or 5i full report) for the balance ?

Thank You for your valued advice.

Q: I have a very young but well balanced RRSP portfolio (purely ETF at the moment). I'd like to include a small position in a strong growth company and looking for a solid recommendation for prospects.

Thanks as always for your guidance!

Q: Hi, I am trying to raise some cash and reallocate for buying a new position ( TCL.a).
Most of my holdings have done well ( many same as Balanced and a few from Growth 5i Portfolios) with moderate to sizable gains since inception with the exception of above names ( Negative YTD Only). I like the prospects of some of them with portfolio weights TOY (3.5%), SIS (3.5%)and SJ (2%).
BCE and ENB are fairly old holdings with 3.5% weight each and have not been acting well for a while. Over past few months, I have sold all KWH.un and most of ECI
( reduced to 0.75% weight), due to rising rates and other company specific concerns. DOL (1.25% weight).
Will it be reasonable to eliminate ECI and DOL (small positions) and/or reduce BCE/ENB ( BCE more due to muted growth prospects and ENB due to its high debt and pipeline sector concerns).

Thank you for your valued advice.

Q: Looking to replace RME in my "manufacturing and Industrial" sector of my Income producing portfolio. I currently hold WSP, CSH.UN, NTR, CAE, ET, FTT, DIR.UN - can you provide some candidates I can take a look at ? Once again, I greatly appreciate your advice.

Q: Is it time to switch AFN for TCL.A? AFN pays a nice dividend but it seems there will be more upside to TCL.A moving forward. You comments please.

Q: Hi, I am having trouble deploying some cash but have thought that GUD would be a good place to park it. My concern is that it is currently a laggard, and when it does finally decide to make a play that pushes the stock higher, are we looking at enough of a gain to cover any upward momentum the company may not be participating in currently?? How significant would you expect a the move to be/ what's the reward versus the risk here?

Q: My question is about allocation of Canadian Banks in 5i Portfolios and what would be a reasonable weighting in a broad portfolio of 30-35 holdings which looks 80% like a Balanced with 20% Growth. BNS is the only Canadian Bank held in 5i Balanced Portfolio (4%) and Income Portfolio (6%). Historically, Canadian Banks have provided substantial returns through dividends and capital appreciation. But, I like 5i approach of finding companies with value/growth potential in small/mid cap universe and structuring portfolios. By association, my portfolio weight in Canadian Banks has grown to about 15%, CM,TD and RY, in order of 10.5%. 3% and 1.5%, respectively.
Would it make sense to reduce these holdings to align more along the line of 5i approach ?

Thanks.