Investment Q&A

Q: Can you explain the details of the TRP spinoff that is planned for the second half of 2024 please? I invested in TRP for the dividend income. What do you recommend I do after the spinoff is completed knowing dividend income is the highest priority when investing in this company?

Q: Since noting the increase in the holding of IFC in the 5i BEPORT I have compared it to my holding in DFY to see if I should switch, but what I see is that IFC trades for a much higher PE and that performance since Nov 2021 has been only 27% vs 73% for DFY.

I understand that IFC is the industry leader, much bigger market cap, higher dividend etc but what is the real attraction here or is it that DFY is too small for the BEPORT?

Q: I am thinking about taking a full position in either Altagas or Keyera. Could you please provide your thoughts on both companies.

Thanks

David

Q: Pls give an example of the curency hedged CDRs for a rising/falling $Cdn vs $USD ? For example, if one buys the CDR for MSFT and the $USD falls by 5% vs $Cdn and MSFT stays the same value in $USD and you sell, do you get your original $Cdn funds back (less fees) ? Is it the same with a 5% drop in $Cdn vds $USD ? Thank you.

Q: I would like your opinion on Apellis Pharmaceuticals. I read Citron's research piece (was published in November) on this company new product -Syfovre- issues and make a little bit of research myself. Obviously Citron is mostly promotting its own short positions but this one seems a reasonnable bet considering the content of the report (see attached link). No warning letter yet by the FDA but it is surely a real possibility.


Thank you!

Michel C

https://citronresearch.com/wp-content/uploads/2023/11/Citron-Reports-on-Apellis-Pharmaceuticals.pdf

Q: For a 3 to 5 year hold and safety of dividend, which is the safer stock CPX OR H.

Q: Good Morning,

Is there a user information sheet for the monthly model portfolio reports? I would like to understand if the portfolio return includes capital appreciation and dividends, the % for asset class benchmark and active, max. Drawdown, profitable and losing periods, upside and downside capture, etc. Thank you

Q: These two have me scratching my head. I invested a few months back, believing that lower interest rates were likely ahead in 2024 and longer bonds would do well. After a decent start, they are drifting downwards which doesn't make much sense when no one seems to see higher rates headed our way. Is it de-risking going on, and other investments look better? Am I missing something here or is it just a case of having patience with the plan? Also, Happy New Year to all of you at 5i. al

Q: Can you provide your comments and outlook for this name

Q: Hello.
A. What do you think of Berkshire Hathaway CDR for a growth investment with a long-term hold in a TFSA? I bought some Berkshire Hathaway in US dollars in 2020 when it began to rebound and am very pleased.

B. What is your take on CDR'S in general?

Thanks

Q: Stock seems particularly weak compared to other Cdn. midcap oils. Any comments. Thanks.

Q: It is a follow up to my previous question on Enerflex. Here is the link about Exterran Offshore deal by EFX dated Jan 4. Let me know if it changes your opinion.

https://investor.dyna-mac.com/news.html/id/2473009

Kindest regards,

Michel

Q: I miss the days of seeing 5i on BNN as I always felt that there was a lot of great information provided. That being said, if you were to be on the program today (January 5), I’m wondering what your top 3 picks would be and why?

Thank you again for the fantastic service and Happy New Year to everyone at 5i

Q: Looking to add to my TSFA, working on following the Balanced Portfolio, am missing these stocks. which and in what order would you add these?
Thank you, Shane

Q: Can you comment on the fundamentals and valuation of OTCM

Q: after the recent reverse split and additional financing, how many total shares are now outstanding and what % owned by insiders if available. Thanks

Q: A question regarding interest rates and the effect it has on income stocks such as those in the Income Port.

Much is currently being hypothesized about interest rates going forward. Not about higher or lower, but the amount of cuts and how long it will take to get to a neutral rate.

That being said, if rates were to drop by 2% over the next year, and all else being equal, maening no black swan events or a deep recession, to name a couple, what correlation would you assign to stocks which have been beaten up during the 4.75% increase to the BOC rate? A 2% cut in rates is a 40% reduction, in the rate.

I assume that with falling interest rates, money would flow back from savings accounts, GIC's and the like. Stocks like BCE, T, ENB and the banks and utilities or any that are currently yielding >4% should see some attention, no?

Thoughts?

Thanks,

Kelly

Q: Are there niche radio station companies out there worth pursuing? CJR.b:CA is an apparent "turkey" in Canada but does SGA:US merit some further research? Are there others?

Q: There are some rumours ABX will step in with a bid to takeover FM. I understand ABX has experience taking over mining companies shut down by 3rd World Governments. Then smoothing things over with the government leading to a re-start. FM certainly seems to be a candidate with their big debt. Not sure if the rumour is going to come true so I would take a pass for now. “Buy on Rumour, Sell on News” seems in this instance to be bad advice. However governments need some money coming in and their people need income too.

Q: Good morning 5i team. I am interested in your opinion of KRP being held in a US rrsp. In reading your last response the withholding tax seemed to override your recommendation. Second question is under the present market conditions with 1 year to a lif conversion I have been bolstering interest yielding investment with a potential for capital gain. Could you recommend 3 Cdn and 3 US stocks or etf's with high dividends that have good earnings outlooks, valuation and perhaps some growth.