Investment Q&A

Q: Hi Peter, Ryan can I get your opinion and outlook on QEC and its latest news. I've held this stock since 08 and it has survived thru all that's happened. My adjusted cost is 1.69. At this point when would you get out of this stock, or would you ride it higher. Thanks, Nick

Q: The company notes in it's presser that it will consider all available strategic and financial options to secure the required capital (to get the mine operational). Generally speaking the longer AQA can develop (and hold on too) a good mineable asset the better it will be for AQA and its shareholders. I suppose AQA have about 50 million still to spend from Osisko and they are going to need roughly an additional 250 million to get operational.
One option is dilution - sell shares to the public and retain 100% ownership. All things being equal the market cap would go up to 300 million and make a AQA a takeover target if the mine looked to be successful. All the new share holders will be looking to make a quick buck for sure.
Another option is a bank loan combined with dilution. However I don't see a bank loan unless the feasibility study indicates a high-grade zone near surface which could be mined quickly and be highly profitable. Even then I suspect the banks will hesitate to make a loan.
The last option would be to take on a larger mining company as a joint venture partner. This would leave AQA as part owner with cash flow which would be used to fund exploration at their two other sites. Once Osisko's money is all spent they will be pressing AQA to get operational as soon as possible. I think Osisko has a relationship with AEM who might be in turn be interested but maybe would want to see more gold ounces.
So AQA will spend most of the money it has left drilling the ore body looking for good grades especially good gold grades.
Do you think AEM would have any interest in the Back Forty deposit?
Last question on AQA for a while - I promise!
Thanks,
Jim

Q: Could you please post street estimates for the quarter for Dollarama and Transcontinental Inc. Thanks

Q: What would you consider good weightings in a portfolio for the above ETF's? If you were building a fairly aggressive growth portfolio with these as your base what other ETF's would you suggest to get a start on diversifying a bit?

Q: Your thoughts on Uranium
Any companies you would recommend?
Thanks

Q: Should I be worried about this latest Facebook data concern as a shareholder?

Q: Can you recommend 8-10 small -mid cap USA stocks with high growth potential, good to excellent balance sheets that your team at 5i would own or do own and consider a long term buy. Can be from any sectors. Please exclude the following names, as these are currently already owned: BOX, FLIR, ANET, TEAM, GRUB, LLL, CGNX, ALGN

Q: Yesterday TSGI announced the mandatory conversion of preferred shares to common shares on July 18, 2018. What will be the effect of dilution on the common on this conversion? and do you expect a reduction in the MV of the common shares? Thanks.
Mike

Q: I notice that David Rosenberg will be on Bnn this Friday with Andrew McCreath.
On May 19 He published an article in The Globe & Mail stating that Trumponomics will cause the next recession within the next 12 months.
If he is correct, am I right in assuming that interest rates will then to begin to decline , eventually leading to better prices down the road for the bond proxies?
Could you recomend from your portfolios the best recession proof companies with a history of regularly increasing their dividends?

Q: Howdy Team 5i:
This stock continues to drop, especially over the past few days. It had great success with studies and testing of their product. They continue to set up dealerships around the globe, yet no major news re: serious orders for their product. Is there something about this Company we are missing? Thanks again for your great service. Stan.

Q: Note to Klaus, re CSU.DB:
I recently sold some of the above, directly (I'm with BMO Investorline), at $122 and had no problem whatsoever. This was my second such transaction in the last month, and I've never waited more than 3 days to sell, always at a rate just OVER the going price (didn't really care if they sold or not).
Paul L

Q: Hello 5I Team,

Can I please get your views on OKTA? I like the space they're in and thinking of taking a 3% position.

Thanks

Reg

Q: Hi; May I have your opinion on SMU.UN. Positive article in Globe and Mail. Implies that storage market has robust outlook. Can you comment on balance sheet and dividend. Thanks.

Q: With its geographical diversity, producing both oil and gas, and Brent pricing for about half of its oil production, would you consider Vermilion to be a good (best?) Canadian all-in-one energy producer holding?

Q: What is your outlook for CWB? Thank you.

Q: Hi,
I own CSU DB that I wish to sell. However, I cannot sell these directly but only through my broker (TD). However, my requests to sell these have failed several times. Presume the DB are thinly traded. Presently listed at $ 124.25.
What is your recommendation that may result in a sale. Offer for e.g. $ 115.00 and not as a day order but rather with an open time.
Appreciate your reply. Thanks.
Klaus

Q: With a large portion of VBAL in fixed income why is the dividend only 1.03%. Is this simply due t the ratio of equity to fixed income or does this fund reinvest some
income or dividends within the fund?

Q: Would you endorse a purchase of Daktronics at this level for a long term hold?

Q: I sold Enercare in my RIF and was considering TCL.A . I own CCL.B is therean overlap ? what other income plus moderate growth stock should I consider

Q: Any explanation about the current low price of Fortis (FTS)?