Investment Q&A

Q: Hi 5i,

People on social media (myself included) are trying to understand why there is such a high short position for AUPH, best guess is around 12mm. Also, there is confusion regarding the growing institutional holding of around 45% (best guess), are they taking shares from retail. Further, no one seems to fully understand the implications of the options traded (puts and calls). Can you help clarify, is it possible to read anything into these activities?

Many Thanks,

Q: My portfolo (INV , Rif AND TFSA ) is unwieldly in size and scope TO get this in some shape Based on your advice i would like to consider selling some add the proceeds to few existing ones prferably on pullback.

Sell EFN , ECN,CSCO GE GILD TEVA, DIV , TOG.

Addd to CCL CSH ZZZ SIS TOY, GUD CCOG
What i think are fair to good

ATD BYD CGI ENB SJ SBUX BRKB BAC BAM BIP BEP ECI FTS HWO HR.UN TD HOT CWL CARGOJET.PBH
MY BIGGEST HOLDING IS BROOK FIELD FAMILY. Should i take one out if so which one? Other relative big position is SJ and BAC prune it ?
If this is 2 Q so be it

Q: Your thoughts ion swapping CGX for ECI Or RPI

Q: Given the recent sell off would you consider Dycom Industries a buy now for a long term hold?

Q: Any reasons for sharp drop.Is this a good entry point @ this level & why?.Thanks for u normal great services & views

Q: What do you think of the prospects of Eight Solutions? The CEO seems to have legitimate credentials in the industry.

Q: I know you liked this company in your last update.Since then the company has reported their first quarter results.The stock has been performing very well recently and has appeared to have broken out technically. Can you provide your latest thoughts on this company and has your opinion become more favorable to taking an initial position.
Thanks as always for your wonderful insights!

Q: Many analysts on BNN are recommending owning US banks vs Canadian, as dividend growth looks better for the US banks.. Would the benefit of owning a US bank be worth sacrificing the dividend tax break Canadians currently get,and the currency conversion to US dollars. Thank you

Q: Would you recommend oaken gic if we remain under the $100k threshold ?
Would both account be cdic insured if we invest say $80k in a 1 year gic and $80k in a 2 year gic ? Thank you.

Q: Would you buy EFN today? Thanks.

Q: Hi, was just thinking of Efn as a buy? I have half a position now. Was looking over the questions and it looks like you seem to think in the long run it is a good buy.
My question is,what do you think of the mngmt, and debt,do you like the sector,and is there growth in the next 2-3 years?
Thanks, doing good since I joined 5i, Brad

Q: John Heinzl discussed MLP's recently and hinted that they are taxed unfavourably.

I hold BEP in a non registered account, can you help me understand BEP's distributions in particular the effect of ROC ?

Is this good or bad ROC ??

THANKS

Q: Please comment if this loosing position is Hold for 6 month to a year.

Thanks

Q: I would like your opinion on BLX. I especially like the cash flow that BLX generates. Thank you in advance.

Q: In your response this morning you stated: "we think adding a bit of unhedged exposure (VUN) is still worthwhile from a diversification perspective." Does this mean you are recommending the hedged ETF as the largest purchase? I understood from your past responses that for long term investments you favour unhedged ETFs.

Q: Regarding the recent question on Brookfield renewable, it is a TSX-listed company and the distributions are treated as Canadian rather than American for tax treatment.

Q: hi guys whats your opinion of scl dropping to 29.50 is this good value now

Q: 5i Team,

How similar are these 2 companies? I have 2.5% positions in both (at a healthy profit - thank you).

Should I sell one? I own DSG in a cash account at +100% - hence have to pay cap gains, and KXS in my TFSA. I know KXS is a top pick of yours..

I'm fine with risk.

Thanks,

Q: Thanks for your response to my recent question. I understand some of the short term issues re share performance but I wonder about the Spectra purchase long term. Is the acquisition accretive and the debt load manageable longer term to continue to make ENB an attractive investment?

Q: Would you kindly rank the following bank ADRs: LYG, SAN, IBN, for a the next year or two, and your rationale. They are potential buys within a TFSA. I realize the currency conversion and dividend tax are major drawbacks. But the single digit prices of these ADRs and apparent change in sentiment for the financial sector in Europe, as well as the sentiment in emerging markets, as well as India in particular is currently compelling to me. What are your thoughts. I'm leery of etf's these days, for example XID. Too many piling into etf's may not end well in my opinion. Finally I'm also curious whether your opinion of Fairfax India has become more favourable at all since the last question on it was answered. To me Fairfax India avoids currency conversion and potentially benefits from watsas knowledge and resources. What are your thoughts