Investment Q&A

Q: Hello

REIT, UTILITIES, and TELECOM I believe are 'Interest Sensitive Sectors'?

Are there other 'Interest Sensitive Sectors'? in the TSX like maybe the Consumer Discretionary sector? or other?

Are these 'Interest Sensitive Sectors' affected as much by the US fed rate as by the Cdn fed rate?

If you were to give your best 'guesstimate' how much would these 'Interest Sensitive Sectors' fall in price (% wise) if Interest rates were to increase say 1/2 a percent?

Thank you very much

Stephane

Q: Would be interested in your current views of VXS particularly in light of the recent senior management changes and the company's continued revenue growth and financial performance.

Q: Hello Peter & team: Appreciated your comments on BNN recently. I plan to sell one of the three following REITs that I currently hold in my portfolio: FCR; PLZ.UN; and AAR.UN. I have roughly the same gain on each but would like to free up some cash. Which would you recommend selling? Many thanks.

Q: Hi there,

I'm looking to initiate new positions in 2 of the following for my RRSP. Can you tell me what entry point you would target for each and which 2 you prefer? I am wondering if you expect any of them to drop in the next 3-6 months to create a better entry. Assume things are properly balanced.

I would only choose one of the pipelines and 1 utility if I went those routes. Thanks as always!

Inter Pipeline (IPL)
Pembina Pipeline (PPL)
Canadian National (CNR)
Canadian Utilities (CU)
Fortis (FTS)

Q: Hi,
I purchased FSV on June 1 and I wasn't completely sure whether I purchased the pre-split entity or the post-split entity as Colliers has not shown up in my portfolio. Yesterday, it showed a loss of about 60% (another member commented on this drop) and a price of approximately $20. Today, my price on BMOInvestorline is showing about $80 but the TSX is showing it today at about $34. I called BMO and they said I had indeed purchased it pre-split and that Colliers would appear in a few weeks (which I thought was odd).

Do you have any thoughts on the above? Are there more than one FSV trading now? Are any other members facing a similar situation?

Thanks,

Q: I purchased TBE @ 2.15. It now trades @ 0.70 and pays a high dividend. Is it worth increasing my holding to reduce my cost base?

Q: Peter and Team,

With David's Tea going to IPO soon, is this a stock to buy on the first day of trading? I always steer clear of IPO's due to concerns with fees, etc., but this business seems to be strong based on the number of happy customers I see.

Is David's Tea a good idea or would I just be getting into some hot water here?

Q: The company just released its PEA, preliminary economic assessment. I thought it was very good, yet the market does not seem to like it. What do you think going forward. Your valuable advice is always very much appreciated.

Q: Following up on a March enquiry re. ENL - would it be better to sell the TSX listing (which, as suggested, has, at times, little or no volume) and buy the NY listing? Or will Toronto simply follow what the US does in terms of valuation?
Clearly ENL has done very well over the last months so certainly want to hold onto it.

Q: What do you think are the implications for the coming King vs. Burwell US Supreme court verdict on PHM's business model? I haven't heard to much about this case but it appears relevant to PHM as I think they target highly subsidized indications with large reimbursements. Please correct me if I am wrong.

Which side is better for PHM and do you think they will win?

Thanks

Q: Hello Peter and Team,
After the recent name change yesterday BCI has plummeted. Are insiders selling? Do you see any other reason for the decline in price?
Thank you.

Q: For the past few weeks,guests from BNN, and other news media have really been expressing their concern about valuations and 10 indices being at an all time high. Examples I have heard we are somewhere into the 9 inning.
Should we be stock piling cash for a severe pull back.
What is 5i expectations over the next few months? What are your honest thoughts going forward. I will hand up and listen to your answer:)

Q: Hello,

I owned ENB.pr.b and I'm down 24%. It took a dive last dec. Should I sell?

Q: Good afternoon, Tweed is about 1 1/2 weeks late with their Q1 results. Thought there was a 45 day deadline on these reports?

Q: Could you explain the rationale for Helio Resource repricing their warrants from 10 cents to 5 cents (see today's news release).
Is it net positive or negative for shareholders? Is this an indicator that CE Mining (Brad Mills/Mandalay) might be thinking of a take-over offer or another financing?

Q: I am considering purchasing either CSH.UN or SIA but am having trouble, due to lack of knowledge, in comparing the 2 companies.

Pro CSH.UN
- 5i coverage
- Larger company

Pro SIA
- Higher dividend yield

Unknowns
- Insider ownership (low for CSH)
- Debt (high for CSH)
- Payout ratios
- Stability - (good for CSH)

Please could you fill in the gaps for the unknowns?
Are there any other things I should take into consideration?
Which do you consider the best value at the moment for a long-term holding.

Q: I'd like to get your opinion on recent changes to Vanguard ETFs. One of the changes is that VDU appears to change from ex NA to only ex US. For someone with an all-Canada portfolio looking to buy an ETF to diversify, what would you recommend now? Previous comments seem to suggest VXC is a bit small, and now that VDU includes Canada, I don't know if it's still a recommended product for diversification. Perhaps VGG or VEE? Thanks!

Q: I am planning on selling the new FSV but Keeping the Colliers portion. I will need to adjust my ACB to allow for the split. Is there a % relationship that was announced or some other method to do this?
Cheers
Darcy

Q: Hi Peter and team. I'm thinking of adding either CUF.UN or HR.UN to my portfolio. Which do you recommend and why? There is a 2% difference in yield. I also own NLY. I realize this is a mortgage backed security but for portfolio sector weighting how would you classify it ? And any comments on the company would be appreciated.
Thanks Garth

Q: 5i team,

My portfolio has done really well since I became a member a couple of years ago thanks to your guidance, thank you!

One of my worst performers in the portfolio is DDD. I started with a smaller half position about 1.5 years ago, and have averaged down in small chunks over that time frame. Based on my avg acquisition cost, I am under water 31%. I still believe in the 3D Space, and I believe this remains 5i's go to name for exposure in said space, but DDD's chart looks horrendous.

Can I get an updated opinion on the company? I like to keep my small positions at no less than 1.5% of the portfolio, it has now dropped to 1.3%. I am a patient investor not afraid of some risk with a long time frame BUT I get this feeling like I can be getting a better return with other 5i growth names... Would you suggest I sell DDD to lock in my capital loss for the year and rotate the money elsewhere? Hold tight? Or perhaps add a little more to get back to my 1.5% portfolio weight?

Thank You.