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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: 2:30 PM 4/10/2015

Hello Peter :

I purchased McCoy Global [MCB] this morning on your recommendation and for the fine dividend since you just added it to the Income Portfolio. I was a bit shocked just now to see you recommend Pason Systems over McCoy in your answer to Jim!!

1. Did you choose McCoy over Pason for the Income Portfolio because Pason has a much lower 3% dividend?

I see the TSX lists McCoy as an "Energy, Oil & Gas - Services - Support Activities for Oil and Gas Operations" I suppose because their main customers are oil&gas E&P companies but I would have thought McCoy would be classed as "Industrial - Manufacturing" since they mainly manufacture equipment.

I was a little concerned buying it as I have a 17% sector allocation to "Energy" companies as classified by the TSX but these are all pipelines which I hold for the income and which are more utility-like.

2. Should I consider McCoy as part of my Energy Sector holdings for weighting considerations or could I add it to my Bird Construction and Algoma Central under the Industrials Sector?

3. Do these Sector Classifications and Allocations really matter that much when all is said and done?

Thank you.... Paul K
Read Answer Asked by Paul on April 10, 2015
Q: After seeing it on your filter list yesterday I checked the company and distribution and read that the distribution is "100% OF capital". What is the advantage of this? Doesn't it just mean that one gets one's own money back?
Thanks.
Read Answer Asked by Astrid on April 10, 2015
Q: Hello in an answer to a reasonably recent question you seemed to imply a preference for Pizza Pizza. We hold Boston and it really has done nothing other than the dividend. Am looking for a good dividend, low risk replacement, but something that maybe has a bit better chance for some capital appreciation. While it is a completely different company, we hold Chemtrade (not a large position)would selling Boston and adding more Chemtrade make sense? Do you have one or two other suggestions? Thanks again to 5i, it is a terrific service.
Read Answer Asked by Bill on April 10, 2015
Q: could you please comment on today's earnings and all the other usual stuff ..thanx
Read Answer Asked by Diane on April 10, 2015
Q: Hi team:
at 1 point, it was pointed out that it could be a take out target by other US competitors in the same business
Now that Chartwell has exited her positions in the US
How would it affect the above as a take out target ?
I also noted that the XRE (read estate) is on an uptrend from a technical point of view, thanks,
Read Answer Asked by Michael on April 10, 2015
Q: Good Morning Peter and the 5i Team,

A comment regarding Gildan: I took my grandson to the Halton Skills competition in Milton this morning, and was pleased to see that all the t-shirts supplied to the participants were in large Gildan boxes. Owning GIL, thanks to the superb advice from 5i, has been most rewarding! Thanks for such timely recommendations.
Read Answer Asked by Jerry on April 09, 2015
Q: I have significant positions (and losses) in my RRSP in BDI, STN and HCG that I note you have removed them from your model portfolio.
Would I be better to trim or eliminate from my RSP and put this into positions that I have not previously held from that portfolio such as ATD.B, WSP and BIN ?
(I am already well overweight in Financials and Tech, and do hold 12 of the 21 companies in that portfolio.)
Thanks for your help. My portfolios have done very well on your advice and I anticipate continued success!
Peter
Read Answer Asked by Linda on April 09, 2015
Q: Hello Peter and 5i team.
I have significant losses in my Energy positions in my RRSP and have previously asked for your help in rebalancing my Financials, Tech, and Energy positions 30%, 40% and 15% the latter down from 30% last year before the energy crunch.
My questions today and I am asking for your advice on what is left in the portfolio; namely BAD, BDI, and SGY that have all been down 40-50%.
Would you continue to hold?
Replace with other Energy stocks?
Or sell and avoid the sector completely until a recovery is underway.
Thanks for all the help!!
Peter
Read Answer Asked by Linda on April 09, 2015
Q: I have held MTY since about $13.00 and the pace of its growth has slowed lately. Could you please comment on their 1st quarter results, (same store sales still not picking up) and perhaps help to convince me it is time to say thanks and move on. I am considering replacing it with 2 or 3 selections from the new growth portfolio that I don't already own. I currently own AVO, CXI,DRT,GXI,PHM,PUR,SCR from the new portfolio as well as AW.UN.
Thanks for the great advice
Read Answer Asked by John on April 09, 2015
Q: Hi Peter & Team,

I would like to add Wi-Lan but I would need to sell a company in the same sector in order to make room for it. I'm trying to keep the sector at around 15%. I was thinking of selling Descartes Systems (DSG) in order to make room for Wi-Lan. Please let me know what you think of this switch. Which company do you prefer? Thanks, Mario.
Read Answer Asked by Mario on April 08, 2015
Q: Is Stantec STN a screaming buy, or what? It has not traded this deeply below the 200 day moving average since 2008. The last time it fell below the 200 dma was July 2012. It is at the bottom of its trading range. The markets are heating up. The last few trading days STN has been up on the technical indicators. And it is one of the rare A-rated companies. How badly can we do buying STN at this time?
Read Answer Asked by Jerry on April 08, 2015
Q: Which one of the following do you think has the highest growth potential in the next 3 years without being too risky?
CXI
AYA
PHM
I normally don't buy stocks that don't have a dividend, but I'm looking to use one of my 20 CA stock positions to add a little zip. Perhaps there's a better pick apart from these 3? cheers
Read Answer Asked by Andrew on April 08, 2015
Q: I bought CSU at 112. I sold at 156. I rebought and sold at 225. I rebought and sold some at 400, and am now contemplating sale of the rest at 475. This stock won't stop increasing in share price and as a consequence now represents 14.73% of my portfolio. I truly appreciate your reco on this one, but do you see anything to deter from holding onto this stock with this weighting?

Thanks!

Eric
Read Answer Asked by Erichsen on April 08, 2015
Q: Hi there,

Can you please give your current assessment of this stock - it reported great results but seems to have spiked recently and gotten ahead of itself. I have owned this one for a very long time and it would appear to be a good time to rebalance and take a bit off the table.
Read Answer Asked by kelly on April 08, 2015
Q: Some simple thoughts regarding ACQ's future potential and reason for considering it still a good long term hold.

1). Warren Buffet in the U.S. is buying up dealerships in the U.S. primarily for the same reason that ACQ is using in Canada which is that the dealer principles (owners) or getting old and want out so many are looking to sell so it may be a bit of a buyer's market with a sustainable future (auto sales and repairs).

2). ACQ's present dealership inventory is primarily in the west with a major concentration in Alberta (oil/gas territory). However, I wonder with this lack of Canada wide diversity (they do hold a few dealerships in Montreal and other easterly provinces) will ACQ continue to expand its territory more into the other Canadian provinces? If they do this they will greatly reduce the Alberta affect on their income and bottom line, which would be good.

Only time will tell if they expand significantly outside Alberta and the west in general.

Do you think this is in the cards for ACQ? Or have they suggested indirectly that they will not expand more into central and eastern Canada that I am not aware of or forgot?

Stan
Read Answer Asked by Stan on April 08, 2015
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