Investment Q&A

Q: I own both these IT companies and both are below my full position of 4%. Which one would you choose to add to at this time. I am a long term investor, to be perfectly honest I tend to marry my stocks and am reluctant to give up hope. I still own MCR Macro Enterprises. Could you also advise me on if there is any hope for this stock if there is an energy recovery. Thank you for your service.

Q: Analyst estimates do not look favorable on this company. Is it a sell or given that I am down significantly should I hold and hope they can do something with their latest deal.

Q: Large multinational oil and gas firms, including COP and RDS.B, are greatly reducing or eliminating their holdings in the Athabasca Tar sands. Canadian firms such as CVE and SU have been major purchasers of those assets. It seems that the important questions is to why the multinationals are selling.It is an important question for me. I own CVE @ $30. If I put a similar amount of money into CVE at present I could reduce my cost to $20. I know you generally do not recommend averaging down, but is CVE an exception or would it just be dead money both short-term and long-term? ?

Q: Hi is there any chance the bought deal financing at $16 will not be filled

Thanks
David

Q: Has the short interest gone up on cardinal lately and is there a site I can go to, too see the short interest in different companies?

Q: Hi 5i

I have less than .5% in ESN ($0.70 today). Do you think it's prospects warrant averaging down?

Thanks, Greg

Q: Hi team,
What is your outlook on Canacol Energy's latest numbers? It is now the second largest producer in Columbia and could it be a takeover candidate? Seems like a good entry point ,since I have a two to three year time horizon on this one!
Many thanks,
Jean C.

Q: What is your opinion on this secondary issue of 3 billion dollars by CVE, the discount look attractive, would you recommend to participate on it?

Q: Whats your opinion of this stock at today's price? I cant find any coverage of it on 5i?

Q: Hello Peter et al:

What would you expect the share price to do if the 50%+1 vote is not achieved on April 20th? If Delek are serious about the deal would they increase the offer? There has been no word from the institutions on whether they are going to accept or reject the offer. Would it be wise to sell now and take the $1.92 and buy back in if the deal falls through if the price goes down on rejection of the deal? Any advice on possible scenarios here would be appreciated. My money in Ithaca at the moment is dead money and the difference between the $1.95 and current $1.92 is only 1.5% or so. Is it worth the risk because even if you tender your shares for Apr 20th and it does not go through you will not get your $1.95.

Regards,

Brendan

Q: Although I find the recent reports on rig activity in Papua New Guinea confusing, it seems to me that drilling activity in PNG is winding down and revenues from that part of the world will be reduced. What is your prognosis for revenues for the next few quarters?

Q: Keystone gets go ahead from Trump. Realize line won't be completed until 2019.I expect good for the future for Canadian Companies and Alberta Gov't. What Companies will benefit in Canada, drillers, other pipelines feeding into TRP, tar sand companies SU. What other Canadian Oil Producers and Service Companies. Thanks Bob

Railways will get a hit that transport oil and RR car
manufacturers that produce oil tankers. Will this effect Burlington Northern and Mr. Buffet I understand cost to ship oil from Canada by Rail is $ 15.00 a barrel. Is that correct ? Thanks Bob

Q: What is your opinion of this company?

Q: I'm sitting on a loss in CPG in a taxable account, would it make sense to sell it all, write off the loss and replace it with VET? Thanks.

Q: Hi 5iTeam - Now that Keystone has the green light will McCoy Global likely benefit as a result? Thanks so much for what you folks do have a great weekend!

Q: I have some energy exposure in Oil and Gas already, and was wondering if this is a good time to add a service company as well or wait a little longer? Would you prefer a different company to the FRC/TCW combo?

Q: These low cost gas producers are down 30% plus in the last months, Is there a valid reason for this, as they both appear to be well hedged, and profitable. Is it a market access problem, or just a sector drop ?

Thanks

Q: Which construction companies do you think will benefit from the approval of the keystone pipeline project? Would stella jones be one of them. Thanks.

Q: I own a small position in Ensign at $9. I was thinking of adding here. What do you think? Is the dividend safe?

Q: Hi Peter, Ryan and all,

I am a rational DIY investor who adheres to the diversity mantra but I am considering a slightly radical move. Here's the thesis, which is about energy: at the beginning of the year my oil and gas exposure - 6 stocks, all solid choices - was already on the light side at about 8% of my portfolio. Just shy of 1/4 through the year they are down a cumulative 10% (9% including dividends). My thinking is that:

a) global demand will be flat-ish, as non renewable energy sources gradually gain strength, off setting increasing demands elsewhere.

b) it's somewhat amazing that the OPEC production cut is holding but I'm not confident that it will long term, which could lead to the spigots being turned on full blast again.

c) technological gains mean a decreasing cost to extract every last drop of oil, as evidenced by the Americans in the Permian Basin and elsewhere.

Bottom line is I'm not buying the global oil inventory coming into balance scenario meaning further pressure on prices. That 8% of my portfolio figure is now 7.1% and dropping. Contrary to oil I have been knocking it out of the park on the tech side - 10% of the portfolio - with NVDA, SHOP, KXS, OTEX and AT and am considering getting right out of energy and deploying that 7% into tech and healthcare.

I am well represented in all other sectors except materials - don't like the volatility - so would then be skipping two sectors.

I know this is a deeply personal investing decision but your thoughts are appreciated conceptually.

Thanks!