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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: Results look good to me. I currently hold a 4% weighting.
I have a long time frame and high risk tolerance. If the stock performs well is it ok to carry to a 7% weighting before rebalancing.
2nd question is I like to set targets like 7% above and let the target dictate rather then the emotion that may play in the moment.
3rd question is 7% to high.
My overall comfort perfect portfolio target is 4% but I know there is times to overweight. When I do overweight I prefer it be less speculative which I consider Aqn to fit.
Thanks
John
Read Answer Asked by John on May 11, 2018
Q: Hi team,
I saw a comment earlier today about increasing your U.S. coverage, that I would also like to endorse. I realize that staffing and resources and the sheer breadth of the U.S. markets are significant constraints. Even though you do not officially cover the U.S., your comments are spot on. I discovered BOX from your comments; SQ as well if I recall. I am moving more and more funds to the U.S. these days, mainly for tech, some financials. Tech is a long term secular theme that will be here long after we are all gone. The TSX is such a narrow index; financials, oil and gas and materials. Perhaps you could consider venturing into the U.S. on a sector basis, where the TSX is weak, such as tech. Maybe add in consumer and financials.

I for one would be willing to pay a significantly higher annual subscription for U.S. coverage, just for certain sectors if necessary. I have subscribed in the past to several other investment services that were much higher in price and much inferior in service to yours.

Thanks for your consideration and as always, I appreciate the service.

That’s my 2 cents worth (in U.S., not Cdn).
dave
Read Answer Asked by Dave on May 11, 2018
Q: After a poor quarter, or other "bad" news announcement that causes a stock to sell off, how long typically does it take the security to find its new price level and stabilize (how long does it normally take for selling exhaustion to take effect)? What indicators can one use to see when this new price level has been achieved? Volume? Price stabilizes for x number of days? Thanks!
Read Answer Asked by WAYNE on May 11, 2018
Q: Hello Peter and Ryan,
I have a 3 percent weight for Stars Group. I was thinking of raising the weight to 5 percent as it seems that this company is on a great growth trajectory and their results seem to suggest they are on track for it. I am starting to think Knight Therapeutics is not going to move much. I am starting to wonder if too much confidence is being put on Mr. Goodman. He has a great reputation but at the moment the shareholder returns do not seem to matter much. I do plan to hang on to it as i have a large weighting and do not want to wake up one day and the stock just surges. but wanted your thoughts. Sorry, I know you have answered questions on Knight on this site. The results today did not seem to do much. Lastly, what are Savaria's estimates. Thank you
Read Answer Asked by umedali on May 11, 2018
Q: Good Morning Team,

I have a question and a suggestion:

Will you be able to tell us why VEEV with its lofty valuation continues to hit new highs almost every day? Is this in anticipation of a good result prior to the Q release? Would you be a buyer at these levels for long-term hold?

Now, I know this is a US company and here is my suggestion: Why would you not officially cover US companies and include in your response whether or not you own the company? 5i members know that you trade in the US and you do not cover US companies because you wish to remain conflict free. Well if you include this extra piece of information, then it will be up to the members to take your partial response or not. I for one would still want to ask you what you think despite your possible conflict of interest. And given the dismal situation of TSX, I am more and more trading in the US. I know that you have built enough trust among 5i members that if you take my suggestion, you will be opening the flood gates. I hope you look into this suggestion seriously, regardless.

Thank you for your consideration.
Read Answer Asked by Saeed on May 10, 2018