Investment Q&A

Q: Hi Peter, I have $8k of Advantex Senior SEC non-convertible debentures RSTD 05/01/2014 Coupon 12% maturing 30 Sep 2016 left over from my former advisor. I've tried calling but can't find out what will happen 30 Sep. Is there anything your sources indicate ? Thank you, and pls post if there's value to anyone else.

Q: I have learned a lot and benefited greatly from 5i advice, and take particular benefit from your diversified portfolio approach. Would you say it is fair to identify any market analyst, including the 5i group, as having a particular specialization being an area of strength and certain market segments being areas of weakness or minimal depth? For example, analysts who are good at identifying software companies but less aware of details required to be successful in healthcare field. If you agree, which areas would you claim are 5i's areas of strength and which are the segments of less depth of knowledge.
In view of constructing a diversified portfolio, I am looking to draw information from a variety of sources. Your comments would help guide the relative importance to assign to difference sources.
Clearly track record is a primary guide to use, but I would also take your self-assessment as very valuable. I don't mean to be hard on you or anyone for identifying strengths vs weaknesses.
Thank you kindly,
Gary

Q: In your answer to my question previously about the two companies, you state the following: "This switch would, in our view, be effectively a trade off between income and potential economic leverage. With NFI owned already, we think it could still be helpful."

I am not sure what you mean when you say it could still be helpful. More helpful to retain TFI or more helpful to make the switch?

Thanks again for your advice.

Paul F.

Q: Hi Gang,
I'm looking to add 2 more stocks to complement my TFSA with cash availble.Current holdings are: ALA+4%;BEP.UN+5.5%;BHX.B+2%;ET-2%;FTG+15%;HCG-28%;MTR.UN+7.55;PHM-38%;PUR=1%;TNC-15%.
Would you dump PHM &HCG and take the loss and redeploy or hold for a eventual turn around which my be years?

Q: Hello Peter & Co.
In my TFSA, I hold a mini portfolio consisting of BAM.A (fin), DH (fin tech), DHX (cons discr), KXS (tech), MSI (ind/bus serv), NFI (indust) and PLI (health) in more or less equal weights.
I am frustrated with DH (significantly down) and wish to replace it with something else; could you make 2 or 3 suggestions? I'll select one that I do not hold in my RRIF.
Thanks,
Antoine

Q: I have held TFI for the past 2 years or so and watched it go from above $30 to below $20 and now back to above $26. Despite its recent substantial rise, I am thinking it should be expected to level off until the economy in general improves. I am therefore considering a switch here to EIF to take advantage of the higher dividend and perhaps a better growth profile. Would you view this as a reasonable switch or would it be best to stay with TFI or is there another company in the Industrials you would consider switching to (I already own NFI).

Appreciate your insight.

Paul F.

Q: Westshore seems to be recovering from the January lows and earnings appear robust despite the negativity around coal. Jimmy Paterson is buying into the company and owns just shy of 9%. Can you confirm this? More importantly how would you rate WTE in the current market and going forward?

Q: Is this a good time to buy CAS?
what is the risk with this stock?
Thank you!

Q: Peter, I've read a couple of recent positive recommendations on Cascades. I just sold my Teck at a tidy profit (it was hard to resist after being down over 80% earlier this year!) but this leaves me with very little in the way of materials. Do you think CAS is a decent decision for a long-term TFSA hold? Would you still prefer Boralex, despite its climb? Or would you have another 'growthy' option for this part of my portfolio. Thanks!

Q: good morning:
just wondering if you would classify bep.un, bip.un , ala,
Enbridge in the same sector as emera.
I own all these stocks but am looking at emera.
the rest make up about 15% of my portfolio.
thanks

Q: Any comment on the recent news release eliminating DSC fees on all IGM funds?

Q: On Friday, Privet Fund Management sent a letter to the Board of Directors of Norsat saying it's interested in buying 100% of the common shares of Norsat not already owned at a price of US$8.00 per share in cash. What should shareholders do? Sell on news, wait for developments such as more bids or acceptance of offer? What do you think of the offer?
Thank You.

Q: Am I correct in assuming the "Exchangeable Shares" I would receive under the Plan of Arrangement would still be traded on a Canadian exchange.

Q: Hello 5I
I currently hold these three but they have been a bit of a drag for a year or so. I was thinking of redeploying the capital elsewhere but I looked at TD Waterhouse charts on them and they appear to be gaining a bit in the last month or so. There are good bullish signals on them recently. I know you guys prefer point and figure charts but TD Waterhouse do not have them and I don't understand them. In a nutshell what do point and figure charts say about these stocks?

Thanks Again
Clarence

Q: I am hoping you can further educate me on the workings of the market. Specifically, what exactly is a roll-up company and how does is it different from a company that regularly does acquisitions?

The term "roll-up" seems to be used nowadays by analysts and other media experts as a negative term, perhaps due to the failures of Valiant, Constellation among others. But ATD.B is lauded due to its growth via acquisition. So, is a roll-up strategy inherently negative and if so, how do you spot a roll-up vs a smart acquisitor?

Appreciate your insight.

Paul F.

Q: what is your outlook on the market for the next three months and also the next year tsx dow jones and nasdaq?

Q: You have been moderately positive on Cargojet. Today, RBC raised its target price from $41 to $52. Are they being overly optimistic?

Q: Can you please explain something to me? Why, at least based on what I read in the newspaper, when the economy shows signs of deteriorating putting off risk of an interest rate rise the market goes up. When things look better for the economy and there is talk of raising rates the market goes down. Wouldn’t most legitimate business do better in a better economy? So shouldn’t it really be the other way around? Why are stocks thought to do better in low interest rate environment? And is it true that they do?

Q: Peter and team,
Please let me know if any of your favorite companies surprised you with how well they have held up during the recent market pullback.
Thanks for your appreciated guidance.

Q: Could I get your opinion of EFR, and their recent stock offering.
how do you view management?
Is this offering going to be available in Canada.
I don't see how uranium can not go up in the next couple of years?