Investment Q&A

Q: Further to members' questions about pipeline equities: if oil transport is scarce, then demand for pipelines services should be essentially inelastic, such that (existing) pipelines can raise prices without losing traffic. Or is pipeline economics dominated by long-term contracts and capital replacement, such that inelastic demand doesn't help?

Q: Hello Peter,
What do you think of Markel Corp as an investment? Do you think it is buyable at the current price? Thank you.

Q: If one was currently setting up a diversified portfolio including the following classifications - real estate, financial, health, technology, materials, utilities, energy, consumer discretionary, consumer staples, industrials and telecom - and wanted one core investment in each classification (either a specific larger established company or an ETF where there is no such company in Canada (such as tech and health)) what companies/ETFs would you suggest by classification. Thank you for your exemplary work and suggestions over the last few years.Mike
Mike

Q: Was wondering if 5i attended the recent Cantech Investment Conference? If yes, are there any up and coming companies or tech trends we should be keeping an eye on?

Thanks
Sal

Q: In view of recent earnings report, do you see any potential to justify holding Firan? (2% position) I have about 2.5% positions in both PHO and OTEX . Should I dump FTG to top up either or both of the other two??

Q: With Cdn oil getting crushed and no political leadership to overcome the anti business environment, do you see any upside for either Cenovus or Canadian Natural?

Q: I would like to add a good, US dividend-paying stock in either the tech or healthcare sector. Currently, I own JNJ in healthcare and IBM in tech; please provide recommendations in both sectors that would complement my current holdings. I am looking for stability; a secure, good dividend (either ~3%, or ~2% with good dividend growth); and anticipate a holding period of forever. Please also indicate your top recommendation for each sector, given my notes. Thank you.

Q: Hello, with the Dow down more than 4% twice this week, can you comment based on your observations (volume, block size, leverage or other) and experience if the automated trading could explain this volatility and trigger this panic. Also, would you know if the level of leverage and use of derivatives has increased over the last few years or vs 2008 ? Thank you.

Q: I have been watching this US stock, and it took a big fall today after earnings. Could you give me an assessment of earnings, and let me know if you think this is a buying opportunity? Thanks so much.

Q: Could you please give your opinion on the results as well as the guidance for 2018? In the current rate increase environment, can one expect a dividend increase in the next 2 quarters and maybe a 12-15 percent return for the year?

Q: Would any of this companies fit into your criteria for your model portfolios?

Q: Hi team
I owned some shares of MRU for a few years, a flat return
with a small regular dividend

I am looking for abit of income plus growth
what do you think if I sell the shares of MRU and buy DOL for a 2-3 years hold ?
thanks
Michael

Q: Hi 5i team
Over the past few years I have been slowly rebalancing my portfolio to be more diversified. There are a few positions that the market has helped me rebalance. Tourmaline is the most prominent name. I am down 50% in this stock. The reasons I have held on to it are good management, good balance sheet, good assets, (a colder winter). The problems with the stock price is not in their execution but rather the business they are in. How does a stock owner decide if they want to keep a position, add to a position, or sell in an industry that my take some time to recover. I originally thought a cold winter would have been enough to bring it back but so far I am wrong. If it paid a dividend (and there was mention that they might start one) it would be less of a concern for me. So should I move my money?
Thank you
J

Q: Hi Peter:
Would appreciate your thoughts on Kraken Sonar, small cap company with interesting technology. The made a small profit in Q3 but their history is more of an R&D business. Do you see greater revenue growth in the coming quarters with their product lines?
Thanks for your great service, have found your site to be very helpful in earning above market returns.
Regards
Victor

Q: Greetings 5i,

I would like to revisit Oshkosh. What are your thoughts? Debt levels? Growth prospects? Seems overlooked these past couple days while we see other Defence stocks move up. Looks like a decent entry point perhaps?

Cheers!

Q: I have sent Avigilon's Investor relations an inquiry about this, but, in general, wouldn't there be a shareholder's vote on the takeover? I don't usually stick around for these things (I take my profits and run!) but in this case I don't like the offer very much and would definitely vote against it. The only mitigating factor now however is the announcement that the CEO is retiring. Do you think this news is material to the possibility of another offer?

Thank-you.

Q: Scotia just published an upbeat analysis of LIF which indicated a 10 per cent yield. However, other sources indicate much lower yields, which may be due to varying quarterly payouts. Your opinion, please.
Thank you.

Q: I am curious in your experience in the past with similar corrections 10% or more. What are the companies that benefit from the eventual recovery? Is it the companies hit hardest in the correction that rebound or the companies that weather the storm and continue to outperform?

Q: I have a question about 3151
Is it worth holding onto Viemed? Or should I trim the fat and deploy the money elsewhere?

Q: hey Peter & Team,

From what I can see results on the recent report were mixed but overall the year wasn't horrible. Yet, the stock is down over 50% since June, 2017 including the big hit today.

Would you mind commenting on the recent report and letting me know what am I missing here?

Thanks for all you do

Gord