Investment Q&A

Q: Hi,

Could you please give your view on the most financial results of Questor (QST.V)? Thank you for your great work. Look forward to your reply.

Patrick

Q: Hello Team
I would appreciate your opinion on IMO now. Past opinion was just OK. I read today that Ford Equity sees it as a strong buy but what would you say? I own it (4.8%) but want to sell it to buy FLOT or XHY (I want some U.S. exposure). I have bought SGY and own Enbridge and Fortis (Utilities but are they considered energy partly?)
thanks for all you do

Q: Could I have your thoughts on Boulevard Industrial REIT. Thanks.

Q: Hi, could you please comment on the new news release on Spartan? Does this now justify the current share price and leave room for growth, or do you still see the price getting ahead of the company and think there will be consolidation?

Q: SUM

Feb 14 5i suggested if it could get back to $6.75, it would be a buy.

April 2 (@ $6.72) 5i suggested wait until 2nd week April.

Today, had a slight uptick after being fairly level since beginning of the month. Should I still wait to jump in for another week or so?

thanks for all you do

Gord

Q: Hi it has been a while since you last commented on eit.un what do you think now I have a small position looking to add more thanks for the great service

Q: Hi 5i,

I've been watching GUD very patiently, looking for a good entry point to buy stock. Today, i think i found that entry point with the stock off materially thanks to the Company announcing it received a receipt from the OSC to qualify their shares.

Would you recommend buying GUD on weakness like we're seeing today? In your experience, does a stock like this continue to sell off given how in the money players must be of the last two financings? I know you like management, but would you recommend buying shares today?

Q: Good morning, 5i.
I've owned ALTERRA POWER COM - AXY for several years and am currently down 75%. It's been trading at around the 30-32 cent mark for quite awhile. Is it time to move on or, since I've held it this long, should I continue to be patient and hopefully get some growth.
I don't see any questions on AXY since July 2013.
Thank you,

Q: Hi! I have a question on how to purchase low volume stocks. They often exhibit substantial differences between the Bid and Ask price. For eg, buying 1500 shares of DSG today at the market price would have given me an immediate "loss" of $210 v. the Bid price. Is there a way of avoiding this, perhaps by entering a Limit price? I'm not sure what that price should be in relation to the Bid/Ask. Comments please!

Q: Team 5i.Received IPL notice of annual meeting. They want to create new class of preferred shares class A. How will this effect the stock. Good or bad

Q: Hi to all, Is CFN and AVO still good stocks to hold. I bought CFN at $ 11.70 (2.2% 0f portfolio) and AVO at $33.35 (1.5% of portfolio??? both down about 17% in different portfolios

M

Q: Hi,would like your opinion on a Canadian real estate company or REIT that has exposure to the U.S. Market.
I would like a small dividend but also looking for growth.
Thanks for your good advise
Brad

Q: Assuming the AEM & YRI purchase of OSK goes ahead as per the current offer how do you see it playing out for AEM? To me it looks positive as I feel OSK is an excellent property. Do you feel there is a potential YRI & AEM merger on the distant horizon?
I am thinking of adding to a current small position to AEM but maybe after the deal has closed. Am I right to wait?
Thanks

Q: Crescent Point Energy is up approx $4 to $5 in the last week. I read today that they have hit a productive spot in SE Sask. Would this account for the rise or are there other factors at work in CPG? Thks in advance.
Gary

Q: Hi 5i team,
AYA has 50% Debt and 50% equity and is graded as "B" in your report card. How do you grade BEP.UN which has 100% debt? Thanks

Q: Happy Easter to you all and this is just a note to mention a site that I am finding has very good articles. It's called A Wealth of Common Sense. It has struck me a number of times that the information there could easily be written by you folks. Here's my favourite snippet from today's article, about his time on Wall Street as an analyst: "It was only buy, sell or hold, not risk, patience or time horizon." Does this not sound so familiar as I read your answers to questions on whether to buy or sell a stock? As you grow your service, and are deluged with questions, I wonder if you might give members some guidelines that you have found helpful and also list some trusted sites to assist with market education. This one would be my suggestion.
Another I like is Eddy Elfenbein's Crossing Wall Street: Eddy is the closest I have seen to what you do here. He chooses a Buy List each year, follows it and reports. There's no guff with him.
Kind regards, Gail
P.S. Only publish if you feel this has been at all helpful.

Q: For what its worth I feel the CEO of G badly bungled the OSK file. I never liked the low-ball offer - if you want it you put up the numbers to get it. A low-ball offer just invites competition. OSK, in my opinion, is an excellent miner...it's got the reserves, the grades, the location and the team that brought a gold mine into production during declining gold prices. I know you like G and I am a shareholder myself but now I am wondering about the executive suite.
I sort of recall seeing the CEO stating on television that the initial offer was a take-it-or-leave-it offer and he wasn't about to overpay. Then he increases the bid once YRI comes to the table. His word does not appear to be his bond.

Q: Good morning...

My wife has the following positions in her TFSA:

AYA 19% of portfolio
DHX 15% of portfolio
MFC 29% of portfolio
TA 25% o portfolio

She has around 13% of cash in account. Judging by other responses to questions about TA, I know you are not positive about it but she is down a little in this stock and hate to sell it for a loss. What are 3 stocks you would choose to invest in if you were her. She wants high capital gain opportunities...with a small amount of money, is it better to invest in a company with a low share price like PRW or CMI TO maximize number of shares?

Thank you for your time and your advice.

Q: SW... Sierra Wireless

For 5i & Family... with a question at the end...

SW has had very good "recent" financial Performance and 2014 Q1 will be reported May 1. Cisco believes the M2M market will be worth (get this) $19 Trillion by 2020. SW has made some very good acquisitions as of late and last reported EBITDA grew 48% to $18+ mm.

They have developed a number of new (and unique) products including AirVantage which is a cloud service enabling OEM's to run their applications directly on the module reducing overall time and cost significantly. And they have released the world's first 4G embedded module designed specifically for the automotive industry. In addition, they have recently introduced ES440 designed specifically for Branch Office Continuity.

Balance sheet looks strong with lots of cash, $18 mm in operating cash flow and stock is reported as relatively cheap at a trailing P/E of less than 12 despite a stock increase of 90% in the past year.

As I reported earlier this year, I went by and visited the Head Office and saw a very busy environment with people running all over the place, and lots of suppliers/customers in the lobby. SW has significant Blue Chip customers and has landed many new customer design wins.

I am wondering why I shouldn't be investing a 5% position is SW? Is this all too good to be true? Am I dreaming if I think I am looking at a $100 stock in 2 years or less?

Really look forward to hearing your thoughts

Thanks Peter & Company

Gord

Q: Your answer to Jeff's question about AYA's 5 year earnings growth. The CAGR IS -253%. The math proceeds as follows: -253% turns plus 4 cents into -6 cents after 1 year, into -9 cents after two years, -14, -22 and finally -33 cents after 5 years. If you change to a simple average (presumably over 5 years) you'd show -7.4 cents as the annual level change needed to turn plus 4 cents into -33 cents over 5 years. In simple interest terms that's -285% and not much easier to grasp. Keeping the CAGR (which works well in the vast majority of cases) and showing the 5 annual earnings in the body of the report would illustrate how plus 4 cents developed into -33. Publish this if you think it's worth doing so.