Investment Q&A

Q: Hi 5i;
Just a follow up to my question and your answer about IDR this morning, so that I can better analyze ETF's which I have to say I find to be a perplexing exercise.
You wrote that IDR has "fees" of 1.28%, but both CIBC and BMO indicate that its MER is .98% - approximately a 30% difference, so quite significant. Is there more to the cost of ownership than just MER which I should consider when reviewing ETFs that would account for the difference? If so, where do I look to find this information?
You also indicated that IDR 's "small size" is $61M while CIBC seems to peg it's value at $107.4M and BMO at $109.8M - again quite significantly different. Am I missing something in my understanding of the value as stated by the likes of CIBC/BMO that I should be aware of when looking at ETFs, going forward?
Thanks - I appreciate your advice.
Peter

Q: C3ai just announced a $500 million contract with the US DoD. The stock reaction has been muted. Shouldn't the stock price have reacted better with such a deal. If not why not? Thanks

Kenn

Q: If the pundits prove correct and higher interest rates become a reality how much downside you expect for BEPC?

Thanks.

Q: I have a small position in WOW and I had not noticed that WOW was being acquired. I just read over the NR, but cannot tell what happens to my shares - will I get Genius Brand shares? And light you can shed would be great - thanks!

https://www.globenewswire.com/news-release/2021/10/27/2321906/0/en/Genius-Brands-Announces-Transformational-Acquisition-of-WOW-Unlimited-Media-Inc-Creating-a-Global-Animation-Digital-Media-Powerhouse.html

Q: Other than cyclicality, do you know of any good reasons not to add to my Stelco holdings in the $30's for the dividend portion of my portfolio?

Q: Please clarify the ex dividend date for ECN’s special dividend. You have now given different answers ‘to this question, probably due to the company’ s confusing press release.

Q: Looks like the ex-dividend date is now Dec 23; what is due bill?

Q: This morning, SGML announced a private placement at CDN$11.75/share, but since the opening the share price has gone from $12.50 to $12.62. Shouldn't the price go down to approximate the offering price? Or is it that the offering cap ($60M) is considered immaterial vs the market cap ($1.1B)?

Q: Hello -
In a recent Q&A, your team mentioned that TRP is cheap. It currently has an approximate PE of 30X. Do you see the "E" increasing in the near future to make this ratio look more reasonable? Or from what metric do you see this stock as being inexpensive ?

I also see negative Free Cash flow for the last number of years. Is this concerning?

With growing demand for EV's going forward, how much of a negative impact will this have on ENB and TRP ? Is one slightly more vulnerable to the changeover from ICE to EV than the other?

Thanks.

Q: My portfolio analysis suggests I am underweight in Basic Materials, Consumer Cyclicals, Utilities and Healthcare. I have USD to invest as I am also underweight in the US. Could you give me your 2 best suggestions for overall return (not high-risk) in each of these sectors individually as well as a group. I would also like to know if there are Canadian companies more attractive than your US suggestions in the same sector. Thank you for your help over the years

Q: I asked the question earlier re ATD listed on the TSX being converted to a US share listed on the pink sheets when dual shares were removed. This morning it's back to being Canadian & listed on the TSX so all is well again. It was in a RRIF which made things even stranger.
Dave

Q: While I am 'stocked up' in my industrial sector (TFII, WSP, CN, EIF, ATA, J, TT), I have read that with the CP/KCS merger/buyout and the agreement's dilution of CP shares, the next few days might be a significant opportunity to pickup CP shares. If the share price does drop, would you be a purchaser?

Many thanks for this excellent service.

Q: Hello Peter,
If one of your members wants to donate credits, I am happy to take some of them. There have been many questions on Nuvei, and do apologize for another one. However, my biggest concern is not the short sellers. Regulations take time and there will always be companies looking to profit from potentially fake news or reports. I am more concerned about the firms that are happy to raise money from companies like Nuvei, sell stock to their clients (as we see many analysts from firms having much higher targets for the company prior to short seller), but when a negative report comes out, very few come out and defend the company, especially when the company comes out with a release that their guidance is intact. In some ways, it makes one think whether it is really worth putting monies in high growth companies as when something goes wrong, the retail investor is left holding the bag with less monies than invested. I have two portfolios, one conservative with BAM, banks, costco, etc and other with high growth. The conservative portfolio over a ten year period has done much much better. Please comment on the investment industry on their lack of response (well some did but not to a great extent). Also, can you comment why Enghouse is lower and lower after the company announced a potential sale. I was expecting it would surge slightly. Many thanks for the service over the years and the various questions from the investors.

Q: Negative reaction to Well's update this morning.Please comment. A underperrformer for some time. Txs for u usual great services & view

Q: Strategy question:

I have an unregistered account currently showing a profit, but I do I have a number of loosing stocks in the mix. The unregistered account was built on a home-line of credit so the interest is currently claimable, which is something I'd like to preserve.
My goal is to move funds to my TFSA while maximizing the immediate tax benefit. Am I able to sell the loosing stocks at loss, claim the loss, and move the cash to the TFSA to buy a different equity? Or is it better to just do a trade-in-kind to move my current holding into the TFSA? Do either of these strategies impact my ability to claim the loan interest?

Thanks

Q: What is a good stock to buy for RRSP for a 10 year hold? I am following LSPD right now but also reading the ?'s on TOI. thank you

Q: If I recall correctly, there was a recent question on attractive price to enter for some stocks including Toi($105) Please send this item to me as I cannot locate it.Txs for u usual great services & views

Q: This stock is down today 7.4% after they announced a 24 M $ carbon mitigation contract with USAID . What gives ?

Q: Which industrial stocks or ETFs would you recommend given where we are in this bull market? can you list them in terms of valuation (low to high) and potential for growth (low to high).
thanks

Q: Thank you to everyone at 5i for all your excellent information and patience with many of the questions.

I hope that the many accolades you receive obliterate the criticizers.
Please don't change anything to accommodate the know-it-alls!

I wish you all the best of the season and throughout 2022 and far beyond.

Best Regards