Investment Q&A

Q: Hi 5i team, I know that you are not promoting market timing but I was just wondering what your thoughts are on the following; I am a young retired person with most of my financial needs met with my defined benefit pension. My investments are 100% in equities as I consider my pension to be the fixed income portion. Where the market has been so strong lately and with no recent correction do you think it would be wise for a conservative retired income investor to take approximately 25-50% of his investments and purchase good quality rate reset preferred shares with the belief that during a period of extreme volatility and market correction that these instruments would be affected far less than common shares? The only preferred shares I hold currently is ECN.PR.C. Please tell me if you believe my logic is flawed and if it is not could you recommend a few other good yielding preferreds or other instruments you believe would hold up well during volatile markets. Thanks again for all you do. Mario.

Q: I bought CSU at $110 ish in 2012 and sold at $600 ish in 2016, needed the money. I would like to buy it back for a five year hold. Is it a good time to but it now.

Thanks as always.

Clayton

Q: Air Canada profits went up (even after correcting for one-time tax recovery), but stock price went down. Any idea why ? Were expectations higher ?

Q: After to-days earnings report should the stock be sold.?
Thanks Phil

Q: CPX continues to fall. is there a serious problem or just rotation?

Q: The only news item I could find re Telus was an announcement that they were to support the Vancouver Santa Claus parade. Tell me that spending $150,000 on a charity event has resulted in the spike in price today.

Q: Good Morning 5i, What is your opinion of Aqn, I purchased this stock after David Burrow recommended it a few days ago, and since then it keeps on going down. Are there any shorts on this Company. Thanks, Catherine

Q: H&R announced a capital structure reorg. The press release gave the reason but did not explain. Are you comfortable with the reorg?

Q: Hi, Shopify has bounced from recent lows. If you were still managing money would you participate in this uptrend or wait until the release of upcoming earnings.

Thanks!

Q: Your opinion on GRAPHENE please. Is it too early to think of investing on the material? If reasonable to invest, which companies? Thanks. Fooklin

Q: Hi All at 5i! Have you heard of the Us based, work space company called WeWork? It bought space from Hudson Bay's holding , Lord and Taylor's . Does it trade on the Us stock exchange and do you have any opinion on it ? Cheers, Tamara

Q: Somehow I seem to be quite far behind in learning which portfolio stocks you sell and why you sell them. Am I missing something somewhere?
thanks for your answer.

Q: Clarification please: 5i's response to Edgar's question on how split corporations work was, "If a certain net asset value is not maintained, common dividends will cease to protect the preferred shares." The sentence sounds as though the preferred shares will stop being protected. Is it more accurate to say, "If a certain net asset value is not maintained, common dividends will cease IN ORDER to protect the preferred shares"? Sorry about the caps but wanted indicate the difference between the two statements. Thank you.

Q: Your analysis and commentary please on CRUS. Your input would be very helpful. I am looking for growth. CRUS has low PEG, good ROIC and seems to have attractive metrics. The market seems to be undervaluing CRUS and I wonder what I am missing. Thanks

Q: Could I get your opinion of these 4 stocks. Thanx Robbie

Q: Does CYB hold large stake in EFH and if so how do you view this holding?

Q: I understand that NVDA is a leader in this field. Would you chase it at these prices? How can one invest in this sub-sector - individual stocks or ETFs?

Q: Hi. Patriot 1 was a pick of Michael Smedley last week on BNN. Today I saw an advert for it on BNN. I noticed it's gone up 20 % since Smedleys recommendation. Can you enlighten us on the fundamentals for this firm? Is it on your watch list as well. Thank you David

Q: Could you give me your assessment on ETI (Enviroleach Tech) and JBL (Jabil Inc). I just watched a segment on BNN Commodities today and found the discussion on E-waste enviromental processing very interesting. JBL is currently building a new processing plant for ETI in Memphis. And E-waste is becoming a major problem for the world.

Thank you.

Q: Hello 5i
Thanks for the ongoing commentary on company.

Would you please comment on what you believe to be the drag on the stock price?

It has been written about downgrade, share overhang thru year end and investors moving out of income names.

I am in this for income but not interested in going to zero while I collect monthly payments. Also supporting my buy decision was the expectation for company to follow through with one more dividend increase in 2017, and the fact they have cash building up due to 60% payout ratio. On the latter, management commented they would decide on cash use in Q1 2018. Do these aspects ring true in your review of the situations?


THANKS
Dave