Investment Q&A

Q: BAM has made recent sales in the market of West Fraser Timber and GrafTech is there a specific reason do they need to raise cash, or are they taking profit.
Best Regards,
Tom

Q: thoughts on the cae news today? Thx

Q: Would the news "Fisker Partnering with iPhone Supplier Foxconn on New EV" is bad to Magna? Because Magna already signed an agreement with Fisker to help it build Ocean SUV. Is there any connection between this two news? How will Magna be affected here? thank you!

Q: I have held TFII for a short period of time about 2 1/2 years, last year I trimmed when I got over 6 %. With the recent runup I left it to run to 7% and did nothing as I am unsure of the valuation with such a large aquistion of UPS and maybe it would come back some which it did. I wanted to see a quarter or two after the aquistion before I trimmed or not. On the 22nd you made a comment about TFII being cheap could you add some color to that comment as I am struggling with a valuation post UPS takeover. Thanks

Q: Hi 5i - I was very interested to read about Lightspeed's new partnership with Latin American fintech dLocal. It appears that this new partnership, will enable LSPD merchants to accept local payment options. It appears it's live in Mexico now, but given the breadth of dLocal's operations throughout Latin America and other emerging markets, do you not think this may be a major accelerator to scaling and growth for the company outside Canada & US?

Q: thoughts on the quarter please?

Q: LSPD has 115,000 locations (74,000 in third quarter report on February 2020 and 47,000 in third quarter report on February 2019) serviced by their SaaS. Dax has indicated that there are 49 million SMB and there are targeting 7 million of those. My question is what is the projected number of locations in five years? If they are targeting 7 million SMB then those businesses have 1.5 locations per business (my estimate) gives 10.5 million locations. What is the probability they can get 10.5 million locations - zero chance. What is the probability of getting 5 million locations - zero. What is the probability of getting 1 million locations - 100 %. If they have 115,000 locations today and they will get to 1,115,000 locations in let’s say five years that is a 10x increase. I understand the metric will change from price per sales to price per equity because they will be profitable. Is it possible to say that the share price increases by a factor of 10?
Clayton

Q: Gentleman, Can I have your assessment for the latest quarter released today?

Q: Any reason for the recent pullback in XBC stock price?

Q: Please comment on the latest q.
Would you add at this point if less then full position?

Q: Hello 5i,
Exchange Income Corp (EIF) has grown its dividend consistently over the past 5 years. How stable is the company? What is the payout ratio?

Have you had this in the income portfolio since the portfolio's inception?

Andrew

Q: Over the next 3-5 years, in terms of growth which of these two companies would you choose?

Howard

Q: Your assessment of the earnings release and outlook please.

Q: Hi group is BEP.UN a buy sell or hold its down more than 20% in the last few months

Q: I had been waiting for awhile for xbc to correct before taking a position. Got tired of waiting and watching it continually climb. Took a small position at $10.60ish and of course now I am seeing the correction I was waiting for. I added a bit more at $9.03 but now it’s down almost another $1.00.
Is there any news accounting for this?
Is your longer term thesis still positive?
Would now be a good time to add a bit more or is there more downside to come?
My overall position is still quite small relative to my whole portfolio and its in my TFSA and I don’t need the money.

Q: I have been fortunate to have made 300 per cent with Go Easy, is it time to trim and buy into Air Canada or WYNN with the potential rebound or simply run with GSY? Thanks
PS I’d have never known about GSY if it weren’t for your stellar recommendation and advice.

Q: Wondering if any one can answer question. In my tax package I received a foreign property list which had Brookfield Renewable BEP.UN listed in it.
I can't figure this out as I bought this on the TSX. None of my other Brookfield holdings were on the list. Hoping someone can solve the mystery.

Q: Good Morning Peter & team

XBC down almost 30% in the past month and just under 10% on the day today Feb 23. To be fair it is a down day for the markets in general - nothing goes straight up. However, the recent trend is alarming.

Anything you have seen which would account for recent losses? And I imagine your view of XBC hasn't changed?

Thanks for all you do

gm

Q: Doing a little research for additions to my TFSA. Looking at GSY, WELL and XBC. I find it curious that GSY has a market cap for approx. $1.9 billion and trades at $125 per share, while the other two have market caps of approx. $1.4 billion and trade at sub $10. Is this a lesson in the difference between a Company growing organically vs growing through acquisitions and issuing large amounts of stock. I'm not saying that the other 2 aren't good companies, but I find it curious that they have similar market caps, yet their share price is ten times higher. Thoughts?

Thank you,
Jason

Q: What do you think of the share offering? They already have $6+ Billion in cash, and Tobi often mentions his reluctance to dabble in larger M&A. Thank you for your thoughts.