Investment Q&A

Q: I have been watching Chicago Bridge and Iron (CBI:US) and Fluor Corporation (FLR:US) for awhile.They seem like interesting plays in the engineering/construction/LNG/energy areas.CBI seems somewhat volatile.I realize they are US stocks but if you have any thoughts on them it would be great.Thanks. Joe

Q: Hi 5i: I am thinking about Amaya’s (AYA) valuation, at this point with the stock around $17.50ish, and whether it makes sense to add some. Relative to before the announcement, it seems there is now a new risk factor and a counterbalancing potential reward, the balancing of which indicates market approval via the pop to the shares. Presumably the difference between the market price and the equity financing price of 20.00 reflects some deal completion risk, at least in part, along with merged enterprise business risk. Could you comment on what that deal completion risk really amounts to? In other words, if this falls apart, which participant(s) would be most likely to balk and why? If the deal doesn’t close, AYA likely dumps back down into the $9.00 – $11.00 range, all else being equal. The guys financing it at $20 obviously think there is significant upside from $20. Are they likely to be averaging down with public market purchases in the meantime? On the other hand, is there any sense in which a stock price below $20 between now and the acquisition closing date might itself amount to a barrier to the successful completion? Or is the equity financing effectively committed at $20? Thanks for your perspective on these points.

Q: Hi all,

I am certainly learning a lot from this site. Is there a preferred time of day to place an on-line order and do you recommend setting a limit price when placing an order? My orders are going through at the high of the day.

thanks,
Janice

Q: Hi,

Any idea why Hain Celestial is down recently and what do you think of it as a two year hold?

BTW, re your note that when searching for for a US stock to add .US, when I do it, I get no response at all. When I search without that suffix, I get results?

Q: Good Morning Peter,Ryan and staff

I hold most of the stocks in your Model Portfolio and have had a tremendous 2 years following you advice, thank you. My question is regarding three half positions I have in Input Capital IFA, Aurora Spine ASG and Ifabric IFA. I realize they are risky investments and feel only Input is now starting to gain some traction.I remain under water on the other two. I have watched both Home Capital and Boyd for some time and regret not getting in sooner. Would you endorse a switch or should I remain patient?

Q: Hi Peter,
Would you give an updated view on Hi-Crush Partner HCLP-US which has been on a roll since you last commented on the Co in March? I greatly appreciate the information you provide. Thank you so much

Q: Hi Peter. Please comment on Canaccord. Looks like significant fees to come regarding Amaya deal. Is this a good time to get in?
Many thanks for your great advice on Surge, Enghouse and Amaya. Great work!!
Cam

Q: Hi Peter and staff. May I please have your take on XSR. It has been steadily sliding from 10+ down to 7. Valuation seems crazy stretched and I don't understand borrowing to pay a special dividend, if I have that right. I'm still in the black but thinking of moving on.

Thanks

Q: 5i
I've been hearing good things about Westport Innovations in terms of expected rapid growth in sales and earnings . What can you tell me about this one ? Worth the risk ?
Thanks
Bill

Q: I have many of your growth companies, and they are doing well, so thank you. I would like to move some money into value stocks at this time. Aside from financials and energy, which I have a fair bit of, could you recommend some value stocks that you are familiar with, or a value ETF that you would recommend. Thanks for the great service.

Q: I have an unrealized capital loss on Canexus (CUS), with an ACB of $8.90. Do you see any hope with this company? I see recent reports from analysts suggesting they should sell the infrustructure assets. Should I patiently collect the dividend or capture my loss and move on.

Q: I have positions in AVO, BYD, BAD, CGX, CNR, ESL, SGY, SLF, STN, T, XGD and ZLB. I am 50% in cash and want to either add two or three positions or just increase the current positions. Would you please suggest a course of action,including any changes to my current positions. I am 67 and mildly risk tolerant. Thank you for the wonderful service.

Q: Hi Peter, Ryan and staff

What is you opinion on the big swing in share price of Mart Resources MMT on Tuesday? The deferment of the dividend obviously caught many by surprise and more than offset the news that the alternate pipeline was virtually complete. They hint that they may reinstitute a dividend depending several factors. I have held this stock for some time and there has always been the promise of some future catalyst to keep me involved. Now they say they are also bidding on additional oil reserves. My gut says to hold a bit longer but as always I value your insight

Q: Hello Peter & Co.
Tip of the hat to you guys for having responded to one of my questions on a Sunday; don't you take a break?
My wife's RRIF (portfolio of 11 stocks) has CGI as the only tech exposure; I know it is one of your least favourites. Which of CSU, DSG, ESL, MDA, OTC, SYZ, ET would be a good replacement?
Thanks
Tony

Q: Good afternoon, 5I,
CXR - Concordia Healthcare. Has the story changed? Down almost 14% over the course of the last 6 trading sessions, which is most unlike it. Could this simply be some fund exiting its position because of its cost or has something else affected the stock?

Q: Hi 5i Team,

If you had to categorize it, would you consider Cineplex (CGX) to be a value stock or a growth stock?

Thank you again for a great service!

Michael

Q: Hi, just looking at taking a position in Blackline GPS (BLN), would love to know your thoughts?

Q: Hi. I have been looking at Burcon Nutrascience-BU, and Neptune Technologies-NTB. I would appreciate your opinion. Would either of these interest you at this time? Thanks.

Q: Good morning:
As a senior with new money to put into a non registered account, would you buy the banks, Ry,Bns,Td for long term hold,(5 to 10 years )especially now when they are so high. Would you make another suggestion if not the banks. Thanks

Q: Peter and team, RE: Mart Resources MMT.
could today's meteoric rise means that insiders are optimistic about the company moving past its operational issues? is MMT a possible take-over target? Or is the crisis in Iraq causing prices for oil to spike in the region and MMT is benefiting?