Investment Q&A

Q: Hi , can you translate the IT press release from yesterday
If they list on LSE , will it no longer trade on the TSX.
If IT still trades on TSX how is it correlated with "ListCo"
If still trading does the share price stay in sync
Thanks

Q: Thoughts on the latest results?

Q: As a long time holder of Superior, I was disappointed when they bid for Canexus, just when they were improving their debt situation. What is your opinion of SPB if the Canexus deal goes through, compared to if it doesn't. Which would be better for the company, long-term? Do you consider the dividend reasonably safe in either event?

Thank-you

Q: Dear 5i,
I am forwarding a link to a youtube video that shows the latest technology from Dirtt that combines virtual reality with the real world (which they call mixed reality). Pretty amazing.

https://youtu.be/JCyfPLZt83o

Q: I currently own PWF and down 18% and it is in a non rrsp account.I can write this loss with a gain in another stock in which I am over weight and wondered if SLF or FSZ would be a better replacement for PWF? I own no other stock in the insurance sector but own BNS and TD for the financial sector.

Q: Peter and team

I was thinking of getting back into EFN at this time. I was wondering your thoughts long term, and more importantly what will happen to shareholders at the time of "the split".

Thanks as always for a great service!

Phil

Q: In your write on NPI you said "there are other 5% yielders with less leverage". Can you tell me who they are.

Thank you as always
Craig

Q: Hi 5i,

Say you were to sell shares of CXR.TO in a Canadian Dollar account at a loss and then purchase shares of CXRX.US in a US dollar account. Am I right assume you cannot claim the loss for tax-loss selling because you are ultimately buying the same security?

Thanks, Shane

Q: Any reason for the nice pop today?

Q: Both USA and Canada anti-trust organizations have supplied opposing recommendations as far as the merger goes. How do you interpret this information going forward?

Q: Hello 5i !
What is the software that you used to manage your portfolio ?

Q: I know you have mentioned that CXR has gone down with Valeant and that the fundamentals are still good. Yes they have debt but a lot of free cash flow to pay it down. But this stock just continues to fall, to ridiculously low prices. There was also another Seeking Alpha report posted today bashing the company.At what level would you say investors should get out of it, if it continues on this path?

Q: Could you please comment on the G&M article mentioning CXR:
http://www.theglobeandmail.com/globe-investor/investment-ideas/the-top-20-canadian-companies-exposed-to-the-british-pound/article30635313/

Have you seen the CIBC report referenced in it? Could you please share your opinion wrt CXR?

Q: I am retired and have several dividend stocks. I'm a recent member to 5i research and am looking at adding AW.UN and ECI from your income portfolio. They have increased in price since you put them in the portfolio. Is it still advisable to purchase them at the current price or could you suggest a maximum price point for purchase? I plan to hold them for a few years.

Q: What is your opinion of Prometic Life Science. It was recommended to me by a friend who is in the financial business.
Thank you
Dan

Q: CSU vs SH for 5 year+ hold

Q: Hi,
I caught Ryan on BNN last night and he seemed a little worried about IT. I own mostly balanced equity portfolio stocks and just a few growth portfolio stocks, with IT being one. Ryan didn't like the risk/reward at this time. Should I switch into one of his top picks like XTC, which I assume has a better risk/reward. Or on the other hand, should I just hold IT for the long term and ride it out.
Thanks,
Steve

Q: In view of the aftermath of Brexit which could have an effect on markets for some time to come, what (if anything) will you change in your three portfolios. Pls explain your reasons either way. Thks guys. Art

Q: Hi I see IT has a currency hedge till March 2017 (details included)
Regardless I imagine exposure will result in a big sell off. Would you agree?
Cross Currency Swap On November 23, 2015, the Company entered into a cross currency swap agreement (the Currency Swap) in order to minimize the Companys exposure to exchange rate fluctuations between the Great British Pound (GBP) and the US Dollar (USD) as cash generated from the Companys operations is largely in GBP while principal and interest payments on the Companys Term Facility is in USD. Under the Currency Swap, 90% of the Companys USD Term Facilitys interest and principal payments will be swapped into GBP. Intertain will pay a fixed 7.81% interest in place of floating USD interest payments of Libor plus 6.5% (Libor floor of 1%). The interest and principal payments will be made at a GBP/USD FX rate of 1.5135 on USD notional amount of $293,962,500. The Currency Swap terminates on March 31, 2017.

Q: The steep drop in the British pound will have a large impact on Concordia's earnings? Do you know if any of their debt is in the same currency? What would be your assessment of Concordia over the next few quarters?