Investment Q&A

Q: Regarding Maurice's question about the estimated income for PMIF, as 5i has noted elsewhere it is an etf that duplicates the Pimco mutual fund PMO005. While the indicated yield is small, the average annual return of the latter is 6.62% after one year, 5.19% after three years, 6.42% after five years, and 10.95% since inception. These numbers far exceed the benchmark. Since the etf has less expenses, wouldn't the etf exceed the returns of the mutual fund? Thank you.

Q: Hi 5i
Thanks for the service. Certainly worth the investment.

While in my view I maintain a diversified balanced portfolio, a major market setback would be uncomfortable. As you will likely tell by this question, my Investor behavior and potential investment actions are currently suspect. It only took a couple of Market Pundits to turn me into a potential seller.

Without all the tools to see money flows and changing trends and without a pile of time to dedicate in a way that will distill the varying Market Opinions, it does not take much some days for me to think I should be exiting the market to protect against a set back.

I do hear lots about strong and growing earning in the US and a mending economy in EuroZone.

What is the case and evidence currently showing through indicating higher markets and stronger companies performance? (recognize set backs come from where we are not looking and can happen without notice)

Aside from the global Quantitative Easing experiment and nose bleed valuations for some stock prices, what caution signs are flashing for you?

Thanks
Dave

Q: QST has really started to move in the past 10 days. Could we get your assessment of what is driving the move and how confident one should be with the firm. It almost looks like the stars are starting to align for it (higher oil prices, new government methane gas reduction targets, proven technology). If it reports a strong quarter, what is the upside? Would you complete a position in it now?

Q: I used to own CJ and with the downturn in the energy market I sold all my O&G holdings along with CJ. I just noticed in the last week or so that insiders who already own substantial shares in CJ have been adding more company's stocks to their portfolio.

Can I used a horse betting analogy of "following the trainer to the betting window" here? I notice the company has already cut its monthly payout by half earlier this year (since 2/2017). Is this payout at a rather enticing level (still about 8%+) sustainable based on its current production level? Do you foresee further dividend cuts?

Thanks for your insight.

Q: Might I get your views on CHKP's earnings, guidance, and the appropriateness of the market reaction (so far)? I notice it has received several downgrades this morning.

Q: Hi there, I am looking at add some global small cap growth exposure to my portfolio. I know the Mawer fund is highly regarded. Is there another ETF besides PZW that would be similar to MAW150? In addition, how would you recommend playing the global small cap space - MAW150, PZW or a suggested alternative? Thank you!

Q: I am interested in getting into the AI (artificial intelligence) market. What is your opinion of the new ETF called MIND available on the Canadian market for the first time tomorrow?

Q: Please give an updated recommendation on Cogeco Communications.
The 12 month chart looks so much better than previous years.

The market is strong, but your recommendations still have a lot
to do with my success. Thank you!

Q: Hi 5iR, I have been thinking about starting my own small ETF with Asian e-commerce companies such as Netease (NTES), Baidu (BIDU), Alibaba (BABA), Yirendi (YRD), Baozun (BZUN), China Mobile (CHL), and Softbank Group (SFTBY). Is there an ETF already out there that would accomplish this for me?

Thanks team. Chris

Thanks Team

Q: Hi Peter, I am currently looking at two stocks, BLX and PSD, for a 3-year or more holding period. What is your opinion on these two stocks and do you have better ideas for exposure to the same sector. Thanks, JR

Q: Hi 5i,
Sorry to belabour the SHOP discussion. An acquaintance of mine in a recent discussion raised some concerns about Shopify that I wanted to run past you for a second opinion. His concerns in a nutshell are:
-excessive stock compensation for insiders
-the quality of the loans being made to start-up businesses
-Shopify’s $1B of cash and marketable securities suggests a form of "management self-dealing"
-operating cash flow turned negative in the latest quarter
In your opinion are these concerns warranted and are they sufficient to justify a negative opinion of the company.
Many thanks.
Michael

Q: Can you compare the business models of the three companies?

Q: Could I possibly get your opinion on these? How would you rank them among each other?

Q: hello 5i:
Looking at CAR.UN, I see present AFFO is 22.3 vs a normal AFFO of 17.1. I note you're still recommending it when looking back at past questions. I'd like to add to my holdings; can you help justify the valuation?
thanks
Paul

Q: Can you give me some general comments on Ripple coin.

Q: Do you think Crius share price sells off as natural gas prices move lower, in the sense that it may be more difficult to sell fixed rate contracts when natural gas prices are depressed. Could this be why Crius shares have moved lower?

Q: I have been reading about the importance and future use of graphite in lithium batteries and other use. What are your thoughts on buying LLG stock which operates here in Quebec?

Q: DHX Media. I have $4,200 invested into DHX'B from almost 2 yrs ago, in my TFSA accnt. I am 50% down at the moment. Your advice: should I hang on in hope, or sell - throwing $2,100 away but allowing the other $2,100 to be put into something else with hope it will do better? A double would be necessary just to offset the loss. Realistically that could take a couple of years to achieve, might not get there, might not be much of a winner at all. Meantime where will DHX.B likely be in 2 years? Not sure when it reports but if a sell then before or after reporting? Its current value represents 5% of my TFSA accnt.

Q: Buy. or Hold. or Sell

Much appreciated. RAM

Q: Peter and Team,
Many thanks for your great service. Despite a full position in GUD I have an order in for more at $8 if it gets back there and bounces. To each his own but I like the idea of a cash-like holding that has a healthy upside potential with a big cash footing; especially one that isn't wasteful and one you support. Do any other companies have similar situations ? Paul
Paul