Investment Q&A

Q: Hi gang,
I’m looking to buy copart. Any suggestions? What is the upside from here. ?
Thanks. Alnoor

Q: Hi Team,
Prior to the CEO departure announcement in early July GSY was in a nice uptrend. Since then the stock has struggled gaining any ground; even though last earnings were record as usual and outlook looks fantastic. Do you see the CEO leaving and lack of replacement thus far as the main overhang in the stock performance recently? Any rumors swirling about who might be available to take the job?

Q: I would like to allocate some funds into the financial sector. What stock/s would you recommend at this time? Thanks!.

Q: Peter and His Wonder Team
This stock appears to be doing better. Please give me your assessment of this stock going forward. Do you think it still has room to run? Thanks your insights are always valuable!

Q: Hi, What would be your favorite stock for the US financial sector for valve and growth in the next 2-3 years? Also if this is not in the banking sector, which of the US bank would be your top pick?

Q: Hello 5i Team

Partners Value Split Corp. has a new offer of preferred shares (PVS.PR.L ?) - 5.50 % with a fixed redemption of June 30, 2030.

Is this new issue a reasonable preferred share - if I purchase the shares it will be after the listing as I have been unsuccessful on obtaining ipo shares from my broker.

I fully understand the only return I will receive will be the dividends - this security is for the income portion of my portfolio.

Thanks

Q: A number of years ago I held Timbercreek, and got the nice dividend plus some minor capital gains before selling. I am now looking at it again - or something similar like FN or MKP. Could you comment on the outlook for the mortgage companies in general in the current environment (assuming rates continue to go down), and also if we should enter a recession. Would you buy one of these companies today, with income the primary objective, and how (and why) would you rank these 3? Is there a better option in this category?
Thank-you

Q: BAM's share price has popped up quite a bit in the last few weeks. Any reason for this? And is the valuation getting stretched, to the point of trimming one's holdings? Thanks much for your excellent service

Q: Hi,

I trust that you are well.

A couple of questions....

1) The first one has to do with investor psychology. I've held CIX for about 2 years. I got in at around $20, and it has gone as low as $12, and is now at $17.50. My instinct is to sell and be grateful that I have minimized my loss. Thoughts?


2) "CI Financial announces substantial issuer bid price increase"... it has gone from $17.50 to $18.25. Seems bullish?

3) Would you be able to suggest a ball park figure as a sell price...from a value investing point of view.

Cheers,
David

Q: I would like to invest in private equity and credit stocks. I came across below US and CDN stocks. Which one would you recommend that I should buy or unless you have better options. Plus is there an ETF that you would recommend.

Please give brief description and why you consider as Buy.

CDN: BN, ONEX
USA: KKR, BX, ARES, APO



Please deduct credit as appropriate.

Thanks for the great service.

Q: Noticed the announcement last night that PRL was partnering with a company called KOHO to expand retail lending in Canada. Does this now make PRL a direct competitor to GSY? I'm guessing PRL is quite a bit smaller and than this should not be an issue if they are, no? Thanks.

Q: How significant would the partnership with KOHO impact the earning of PRL ? PRL price just surged so much today. Thanks for your excellent service.

Q: In my RRIF I hold the above 5 stocks in the "financial" sector:

1) What impact, positive or negative will interest rate reduction have on each of the stocks?
2) Would you please rate the 5 for total return possibility over the next 12-18 months, and
3) They represent about a 25% of the RRIF - would you be comfortable with this level of allocation n the current environment?

Thanks,
Terry

Q: Hi 5iTeam,

What would your top 3 U.S. banks be and please provide rationales supporting your choices.

Thanks,
H

Q: Can you name companies in a space similar to ERIE worth looking at? Also, is ERIE “to good true” or just highly (P/E 53) valued? What would be a reasonable buy-in price?

Q: Watching this presentation reviewing their history would you consider a long term hold 5-10 years in a over weight position? This investor day video was quite informative but what is your opinion on it? Is there an issue of key man with Bruce Flat or do they have a deep bench?

https://www.youtube.com/watch?v=KZEYcC1HTI8&t=11s

Thanks

Q: Your thoughts on these two please, thanks.

Q: How are you feeling about UPST at this juncture?

Q: Retired dividend income investors. We prioritize asset allocation in all of our portfolio decisions. We plan on capturing some income tax savings by selling the remaining shares of my wife's BNS, thereby offsetting other capital gains. I need to replace these funds in the same sector...ie: financials.

She leans more on the conservative side. Combined, we already have a full position in RY and other financials contained within ZLB, CDZ, ZWC, as well as AD.UN.

In the current declining interest rate environment, does HMAX fit the bill? As interest rates decline, what impact will this have on the share price? Should I assume that the capital appreciation will be fairly minimal, while the dividend maintains roughly where it is now?

I appreciate your help...as always.
Steve

Q: For a conservative dividend company, X stock had a rather large move during the past 12 months. Can you please comment on the current valuation, relative to its long-term valuation? Have the earnings roughly matched the increase in share price?

Thanks.