Investment Q&A

Q: What will be the position of Alcoa options expiring in Jan 17 when the company splits.

Thanks

Q: Greetings to all at 5i. I hope everyone, your family and friends are well. Nuvo recently spun out Crescita Therapeutics. I have done very well in the past when companies have split. I am considering taking my profits now, however, before I do so I would appreciate your analysis. Thank you and my best wishes to all.

Q: MRU hit a new 52 week high early in today's session...and then proceeded to drop a large amount. seems to be normal volume. Are you aware of anything that may have caused this? What are your general feelings about MRU? Thank you as always.

Q: I am confused about Intertain, which I like. It took a hit a while back because of the controversy surrounding gaming stocks, but earnings are doing quite well, growth is on track, and evaluation seems (to me) low, especially with good growth prospects. I realize that BREXIT calls into question a take-over of parts or all of the company, but I thought if a take-over happened it would be around $20. Why are we sitting at $10? Do you think the metrics merit such a (low) stock price?

Q: Hi guys

Can you look into LND'S latest report and comment it on it?. I bought this around $ .70 and have watched it fo down like the titanic. I liked the fact that they were trading at less than cash on hand and making money, it is baffling me.I was looking for it to rebound or start forming a base before I bought more, in the old days I would have jumped in and averaged down, but now I wait for a reversal, good thing, as it went down 30% today.I do not like the fact that insiders do not own any shares, that I can see, wonder who is unloading.What do you think about this company?
Thank-you and have a nice day.

Auftar

Q: Hi team, in the consumer defensive space, for growth and some yield, what would your thoughs be on NWL. Would P&G be a better choice.
Thanks! Sam

Q: I have a full 3% position here, its one of my more well timed picks as I entered in Jan at $9.25. I am concerned a little here in regards to its big brother TransAlta Corp. It's apparently got itself up for sale and is certainly struggling. To what extent do the two relate now? If TA fails or is sold on the cheap how will it impact RNW? I like the div. but since I have a good capital gain am wondering if I should lighten up here in favor of a perhaps other safer renewable. Your thoughts, thanks

Q: Hi Team.
Would appreciate your opinion on Excellon res. EXN.
Thanks
Gaston.

Q: Good Afternoon,
I hold a BCE preferred share specifically Series AG ticker symbol BCE.pf.G, currently trading around $13.40 with par value of $25. Any idea why this has dropped so much? I understand there was recently an option to convert into a floating rate preferred but I chose to keep my fixed rate preferred. Any thoughts? Is there a reset or something coming up and there is concern a lower coupon is coming? Thank-you

Q: Would you buy LND at this level? Looking for a 1 year hold

Thank you

Q: I have a question about Black Diamond. It spiked after the Fort McMurray fire as it was felt this company could help in providing their accommodations to displaced persons from the fire.....and it has pretty much slowly trended downward from that spike up. The fire is now old news. I assume it's business is still in dire straights. What is the latest company report and news on this stock and their future outlook and financial health. Are they going to $0 or do you think we will see some further upside over the next 6-12 months? If so, what price do you think it will be at in 6 months? 12 months? I was considering dollar cost averaging on this stock as I am down big time on it. If it pops up above the current downtrend line above $5.40, I thought it might be a time to average down on this stock. What would you recommend I do? Sell at a loss? Dollar cost average knowing the future is brighter? Or do you recommend another energy play that has a brighter future than BDI?

Q: Hi 5i,
What do you make about Amaya's not allowing media and non shareholders at the meeting on Tuesday. Is this level of secreacy warranted. I am down 15% and don't mind holding on for the turnaround but not sure if this company is as transparent as it should be with its shareholder's and the future prospects of taking the company private.
Do you see this a a warning sign.
I appreciate your thoughts. Antoine

Q: Now that some of the initial panic in the markets after the Brexit vote seems to be settling down, what are your current thoughts regarding the potential sale of the company and probable timing?

Q: Hi guys, I'm wanting to start a position in pipelines, which of the three do you favor for growth.

Thanks as always
Rob

Q: Can you give me your opinion on D series mutual funds? Thanks

Q: I currently invest through a full fee major bank broker and am considering switching back to an online brokerage account with the same bank. The cost saving is obvious, but what is not is the level of security of assets from potential loss due to hackers or by other means. Do you have an opinion as to the level of security provided by either alternative or what means an individual investor should take to protect themselves, particularly with regard to an online trading account?

If this question is not suitable for this forum can you refer me to articles on this subject?

Thank you for your comments

Q: I am struggling to understand the relationship between dividends from common shares versus preferreds. I understand the the preferred shares will be paid before the common shares. However preferred shares do not participate in any future dividend growth rates. As an example National Bank common shares (trading at $44.09)are offering annual dividend of $2.20 (yield of 4.99%) .The recent issue of national bank preferred NA.PR.A issue price of $25 offer dividend of $1.35 (yield of 5.4%). If the div on common were to grow by a modest 3% over the next 5 years the dividend would be $2.55 or 5.78% surpassing the preferred shares by almost .4%. Historically the div growth rate had been 10.5% which would make the case to own the common shares more compelling.
The argument that can be made for preferreds is when the company becomes distressed the dividends on the preferreds would be paid first. However is the protections really of values as both the share price of the common and preferred will most likely fall when the company is in distress.

My question is how do you calculate the breakeven between common versus preferred shares when looking at the dividends.

Regards...Antoine

Q: Hi 5i. I just read an article at pbs.org about the growing monetary bubble and its eventual unwinding which is supposedly inevitable given the unprecedented level of money creation in the world that is going on. What is your take on the subject? Do you agree that a day of reckoning is inevitable, and what would it look like? Doesn't Econ 101 say we should be seeing escalating inflation if this is the case? What would be the best defence to protect savings in a bad scenario?

Deduct questions as you see fit. Thanks!

Q: Earlier this year your team did a portfolio review for me. Thanks for that as I am much more diversified now (and a bit smarter). I own ESL and would like your opinion on switching to CSU?

Q: What are your thoughts on tonight's update for High Arctic? Should I be concerned with the short term on the new contract? I really like this company fundamentally but worry about the risk of their customer concentration.