Investment Q&A

Q: In a question ask by Victor on Sept 19 you characterized PIH's quarterly results as "mildly disappointing" and that "we did do think earnings were so bad, but it is not a name to own for 3 months". Now in a question asked by Klaus yesterday your response is that PIH "is the only one we would see of any real concern due to very big disappointment in its last quarter". Why has your view changed of their recent results changed?
Thanks.

Q: 5i,

Thanks for getting rid of Home Capital. I can finally take it off my radar. I've bought and sold this stock so many times due to the fact that I thought it was a "blue chip" that was just being unfairly treated in the market.

Hope you consider ECN as a replacement in your portfolio! I can see the stock being at around $6 a year from now and $9 a year after that. But it's probably too soon for a new company like that even if it is being run by Steve Hudson!

Thanks, Shane

Q: Hi there, do you avo represents a good bottom fishing opportunity?
Cheers
Seamus

Q: While I'm interested in asking about AX.UN, I'm noticing that the last few trading days have been tough for TSX REITS. AX.UN is mostly commerical, but I wonder if you can comment on the latest announcements by the Federal gov't to impose new rules on mortgages and how this might affect the commercial REIT market in Canada too.

Q: Thoughts on the recent pull back in gold and gold shares? A good entry point for Agnico Eagle or still more downside possible?

Thanks,
Jason

Q: I currently hold fts and aqn and down about 8% on both.With a us rate hike possible in Dec. Should I hold or exit my position. Further why would a small .25 increase have such a down effect on these stocks.This increase has been in the news for a year?

Q: Interest rate sensitive sectors are under performing possibly due to a December rate hike from the Fed. Do you think the reaction is overdone? Good entry point on REITs and Utilities?

Thanks,
Jason

Q: What is your opinion on replacing a holding in PWF with FSZ with respect to future growth and income? Joe

Q: Good day, 5i

I am looking for some strategic advice regarding my position in Twitter. I was up 20% yesterday, and today, on news that a few bidders have shied away (alphabet notably), I am now done 5%. Understanding your are not soothsayers , I'm looking for your experienced opinion on how to handle situation. Cut my losses, or go long on the hopes it is sold in the near future.

Many thanks,

Karim

Q: Morning, I have held HCG for years, and XTC for about a year, have been waiting for a turn to positive on both. Is either expected to improve or are there better names in these areas? Thanks, Lavern

Q: Hello Peter and 5i Team,
Can you confirm whether Fiera Captial would have any negative exposure to the upcoming changes to mortgage rules? Thank you, as always, for an excellent service to us all.

Q: I understand that these 4 stocks are considered growth stocks. Presently I am negative on all four. Is patience required ( long term ?) or would you suggest to switch to other growth stocks and which ones would you recommend. Thanks.
Klaus

Q: Is it too early to evaluate the potential impact of the new mortgage rules on HCG's insured mortgage business? I realize this is low margin business, but I think it is still important. Would appreciate your views.
Thanks

Q: Newmarket Gold has had a tumble over the past week and I am debating whether I take profits and exit or hold for a change in the sector. I would appreciate your guidance. Thank you ...

Q: Hi 5i,

Has your opinon changed at all on the Walgreens and Rite Aid merger going through? They make it sound like the only condition to fulfill is to divest 1200 stores. Not sure if that's true?

The Rite Aid stock is at $7.50 right now and merger price is $9.00. That's a potential 20% return within the next 3 months. Is it worth the risk? I imagine doing an options call would be be more profitble "if" the merger happens?

Shane

Q: what are you thoughts on CGC and ACB? do u think they are overvalued?

Q: With the dip in Alaris, and their positive long term history, would now be a good time to buy. Bought initially at 29.00.Expect Q3 to be down, might be further downside? When do they report?
Thank you

Q: What is your outlook for natural gas? Which company would you recommend?

Q: There is something I'd like to share with your members. I've been tracking 3 portfolios in detail for the last 18 months. One of them is a "couch potato" self-directed account, one is a mutual fund account while the third is an RBC "wealth management" account. The top performer believe it or not is the self-directed account!
It would seem that the outrageously high portfolio management fees in Canada are indeed not justifiable (based on my limited findings at least).
I am writing this message to add my simple voice to the growing chorus of individuals managing their own financial affairs. It works! I hope this simple message will encourage your members to keep on the path that they're on.
Now for my question - in another response you mentioned that brokers add to their revenue stream by "lending clients equities held in brokerage accounts" to short sellers. What percentage of a typical brokerage firms's revenue would be derived this way?

Q: I have held rie for many years as a core holding In the last week it has been under a lot of pressure .Don't know the reason but is it time to move on
Kind Regards
Stan