Investment Q&A

Q: what good cash vehicles would you recommend that are liquid and available in discount brokerage trading accounts.I currently have a large cash position as I have zero weighting in financials and oil and gas and don't expect to deploy these funds for 6 months or more.
Reading the questions there seems to be much discussion of $65.00 oil,with the reserve increases that I am monitoring,$35.00 oil seems a more realistic target.What are your thoughts?

Q: Hi Peter
I bought this stock on your recommendation . It is now being taken over . Do I sell Catamaron now or hold on .

Q: Good Day 5i, I look after two RRSP's, two TFSA's and one non registered outside account. in these 5 accounts I hold just over 60 stocks with a total of approximately 600k. Do you feel that the sixty stocks is over done? I do hold a lot of the same ones you have in your porfolios. Thanks MC

Q: Do you have an opinion on Guardian Capital and Gluskin Sheff ? Would you recommend one , both or neither of these Thanks for your views and comments.

Q: The last question on DDC was Nov 13/13, at which time you called it an OK - type of company. It appears since then to have changed for the better. Certainly it is doing better than most of its peers. Thru my bank acct I have access to Value Engine analysis of DDC. According to them DDC's fair market value is $37. So I'm thinking this may be a good buy. I'm not sure how to interpret their balance sheet, however There is no line that says "debt" - just a comparison of Assets to Liabilities; which to my untrained eyes looks pretty good(assets=3x liabilities).So what are the debt issues, if any with this company? Are there any other red flags I should be aware of? Lastly, how do view DDC today.
Thankyou----I really enjoy your service.

Q: Hello 5i, Could you comment as to the recent events at Capital Power.
- EPCOR reducing their shares of the company by 9%.
- Capital Power announcing that they will be buying back up
to 5 million common shares.
- Capital Power eliminating their drip
Also is this company having financial issues, Your opinion of this company as a buy sell or hold.
Thanks

Q: I bought this stock last year, can you comment on the company. I'm thinking of moving on from it. They seem to be building their reserves out nicely, but...Sudan!

Q: I currently have broker accounts with TD Waterhouse & ITrade.
Can I get your thoughts on QuestTrade. Who are they / who owns them? With TD & ITrade I know I can get help by walking into a branch but strictly online seems a bit riskier.

Thank you as always.
Craig

Q: I'm up over 300%. It was a very conservative buy in the first place, so even with gain, it is a reasonable position in my portfolio. I read a report this weekend that they may not be completely forthcoming with their income statement, that Net Operating Profit in Q1 2015 was listed as $1.572 million, but the fine print indicated that this figure excluded the amortization of intangible assets, stock-based compensation, the gain or loss on derivative financial liability, interest expense, and income tax expense. With the inclusion of these expenses, Q1 would present quite differently. Is this an ethical presentation, and should I be concerned with holding this stock? How does the balance sheet look? Because of my small position, I had planned on holding for a couple of years and riding out the volatility, but of course it's a shame to lose the gain if they are not presenting the true picture, and the stock is weaker than it appears. Your opinion please. Thank-you.

Q: Hi 5i Group:
Do you know about IKO Enterprises Ltd and Saul Koschitzky? I see that they took a big position in May 2014 in Vicwest and then the company was bought out. They have also taken a position in Strongco. Any thoughts about these guys would be helpful.

Thanks

Q: i want to invest in Europe. i think the best way for me is with an etf. could you recommend some. looking more for capital gain but income is always a good thing.

Q: could you up date . i am thinking of buying yd 12.8% when interest rates go up later this year will the 1/4 to 1/2 cause this price to go down a lot?

Q: Good morning A Team. Amaya just announced it is selling Cadillac Jack for Can $476,000,000. Is this sale price within the range analysts may have expected for such a sale? Thank you, Peter

Q: am considering a position in a couple of the better (in your opinion)junior gold companies... I currently own orv & pru...
am thinking of divesting of pru and either adding to orv or
to another... would appreciate your comments...
p.s. - I also have a very small position in xeg-etf at this time! all three positions are approx. 5% of my overall holdings.

Q: Hello,

Can you please give me your latest thoughts on purchasing this company for on-going dividend income safety and continuing growth (both captial gains and dividend).Do they have a healthy balance sheet?

Also can you give me your insights on their latest record quarterly results (March 2015). Technically it appears to be breaking out and heading to $6.

Thanks once again for the unique and timely service provided by the entire 5i team!

Q: excluding patric horan which I know which are the best hedge funds or who are very good fund holders.

Q: What is your opinion on Rite Aid as a long term investment 3-5 yrs.Thank's.

Q: Can you provide an update on Hudson's Bay (HBC) since its announcement of the REIT joint venture with Simon Properties and RioCan.

Q: Hello 5i. I've been trying to increase our diversification outside Canada via ETFs and low(er)-MER mutual funds in our RRSP accounts. Have made a start with the following ETFs: ZSP, ZDY, XSU, CUD and CYH. Also have the BNS NASDAQ Index Fund (BNS397) as well as the Mawer Global and Global Small Cap funds (MAW 120 and MAW150). These holdings currently make up about 14% of our equity portfolio (which is in turn about 60% of our total investments ... the balance is fixed income). We are both in our 60s and retired.

I would like to continue this trend but am unsure which additional ETFs and/or funds make sense for good diversification e.g., more global and/or US, or more specific like Europe?

Could I impose on you to offer a few suggestions, preferably available through Canadian fund providers? Thanks, and hope you have enough information here to suggest some ideas.

Q: "Start shedding the deflationary plays such as utilities, consumer staples and telecommunications because that story has become as old and tired as the bond rally." So writes David Rosenberg in a basically anti-bond pro stock piece in the March 27 Financial Post where he assesses the impact on bonds and income stocks of interest rates rising even slightly. Do you think the 5%+ (growing) yield on BEP would offer a sufficient cushion over most other utilities in the face of rising rates or should profits be trimmed as Mr. R. suggests? Thanks, J.