Investment Q&A

Q: What is your opinion on Take-Two Interactive? Is this just another "flavour of the month" in the gaming software space, or does it have real "game" in its own right?
Thanks, as always, for your help and insight. Is it worth a longish-term hold?

Q: I am 30 years old and have built a sector diversified portfolio of around 25 names from the TSX worth approx 200k. I also have a pension invested conservatively in bonds/mutual funds worth approx 100k. I would like to invest all additional cash for the next few years in 3 or 4 ETF's to diversify out of Canada instead of adding to my Canadian portfolio. Do you see any major flaws in my theory? also could you suggest 2 or 3 ETF's to start out with. My thoughts were: VOO, VEA, and IJR. Thanks

Q: What factored into your decision to sell Tucows in your growth portfolio?

Thanks.

Q: I like the look of W.US and have about $10,000 USD to invest. Can you give me your thoughts please, or do you have some better ideas? Sector is not important.

Q: Can you please explain and give me your opinion on a BMO Canadian Banks AutoCallable Principal at Risk Note Series 185. I can unload these after June without any additional sales charge and are currently showing a loss they are Due December 2020. Would you sell these for something more favourable?

Q: The signals on this stock are very confusing. S&P Capital rates this as a "Sell" (April 1) yet Thompson Reuters ranks it as an 8 out of 10 (Apr 6). Consensus analyst recommendations seems to be "Hold". Yet over the past 5 years, the stock price performance is slightly better than blue-chip H&R Reit. Last year the CEO bought $13.5M worth of shares, so either has faith in the company or is faking us out. Debt seems acceptable, price is below book value, earnings seem to be steady. The price is $2 to $4 lower than the average price from 2012 up to the collapse in July 2015, which would seem to indicate a bottom.

What is up ? Is the Target effect still in force ? Is the street just tired of this stock ? Buy, hold or sell ?

Thank you

Q: What do u think of this stock for a 2 year hold in a 2.5% position?

Q: What did you think of their recent letter to shareholders? Im wondering if this stock is getting overbought? Thoughts?

Q: I am down a bit on this company. Is it worth holding onto? Is the dividend safe? Do you see much future growth? Thank you!

Q: Since your last look a year ago, AcuityAds has been impressive in growing its business and in its most recent quarter, has actually turned EBITDA positive. And now while still small, current N.A. clients with European operations are asking them to expand into Europe while term loan lenders are chipping in by voluntarily proposing to defer interim payments in support of such a move.

Looks quite promising but was wondering if you're familiar with any of the management team.

Q: Have read your past comments on DRA.UN and wondering what your thoughts are as a purchase today.

Q: Please rank the following consumer discretionary stocks for a long-term hold in order of preference..... A&W (AW.UN), Boston Pizza (BPF.UN), The Keg (KEG.UN), and Pizza Pizza (PZA). I am a retired, fairly conservative, investor looking for steady dividend income with minimal risk to loss of capital. Thanks!

Q: Can you recommend one or ETF's for US $ exposure in a balanced Portfolio.
Thank you

Q: What are your thoughts about getting into Cameco at this time?

Thanks for your insight!

Q: Hi Peter,

Since lithium stocks are on fire and potash holds 32% of sqm what effect it will have on the bottom line of potash.

Thanks
paul

Q: Hi there,

I follow your BE portfolio and I noticed CSU and SJ seem to be down a bit this morning. Do you think at these prices, it would be a good entry point?

Thanks!

Q: Hello,

Would you approve a switch from Tourmaline to Whitecap to take advantage of the Wcp dividend while we wait for a sector recovery?

Thank you.

Q: I hold the following:
Consumer - ATD.B|CCL.B|CGX|MG|PBH
Financial - BNS|TD
Healthcare - CXR|CRH
Industrial - CNR|WSP
Materials - SJ
Oil&Gas - PEY|VET
Tech - GIB.A|CSU|DH|ESL
Telecom - T|BCE
Utility - IPL|PPL
I really like all of these companies but I would like to add SIS to this mix. I would have to sell one of the above to do so.. Thoughts?

Q: If Bazov doesn't bid what are the implications for the stock price? Thank-you.

Q: Original Question re PHM sent April 4
No answer received, so I am re-sending. Would 5i please respond?
Please see below:

Member feedback re PHM experience. Please publish in the Q&A:

In the 5i email update to members today, April 4, it is conveyed that it is now time to remove this name from the Growth Portfolio. From all that I have followed in the 5i Q&A, this is the first clear research opinion from 5i to be out of this position well after we have all witnessed (and I participated) in the round trip with PHM. As recently as March 17, the clear guiding research from 5i was to stay the course for a few more quarters.

While I fully appreciate that members must take responsibility for all our particular investment decisions, I think this PHM saga gives all of us a reason to pause and reflect on when any of us could make a better judgement to bail on PHM, and other such strong “upward momentum” opportunities, to decide to step away and take profits.

In retrospect, I would wish that 51 would have given members a clear guiding research opinion much earlier to step away from this former upside momentum stock. Just as you have given a clear guiding opinion by taking out the full weighting of Descartes out of the Balanced Portfolio today citing that it has had a good run, going forward it would be very helpful if 5i would do so with other names, especially "upward momentum" stories that PHM used to be.

As a learning opportunity to share with members, would 5i consider a review your experience with 5i research, thought and opinions 5i expressed on the PHM continuing story, in order to do a retrospective analysis to share with 5i members. Are you willing to identify at what points in time there may have been sufficient reason to step away from this position while it had most of a good run intact (well before April 4)? This may provide many of us regular people a hands-on lesson to apply going forward. We look to 5i to be in our corner to provide conflict free independent research, so perhaps this may be a “real experience” avenue to learn from the pros at 5i. What do you say 5i team?

SGR