Investment Q&A

Q: I wish to de-risk our portfolio. These are some of our holdings with high PEs [although that is not always the most appropriate criteria for risk assessment]. Would appreciate your advice as to top 10
(a) most at risk currently and
(b) great companies, even if currently expensive, that you have most conviction longer term.

Q: Hi,
Have a 1.55% position now, avg price $5.36. Had a nice double on it before but down now, which is disappointing for sure. It's closing in on that $4 price which you were concerned about breaking. What are the different scenarios you see playing out come the March 24th full release? Can you give any insight on what additional or further news could impact the stock either up or down going forward. Thanks!

Q: Hi 5I: How do you think Shaw carry on over the long term if the takeover does not go forward now that there position is stated by the CEO in his takeover announcement that Shaw needed financial help to meet the huge cost of 5G installation in order to to keep up with the much larger media companies. Thank you for your opinion. Regards John

Q: Hi Guys
I own this conglomerate as my Asian play, as it seems they are very well diversified, However in light of the recent news it sounds like they are taking the best performing asset in their portfolio private.
What are your thoughts?
Thanks Gord

Q: Hi 5i team,

I have a 3% position in DOCU in my RRSP and I'm thinking switching to ADBE as its price seems attractive. I would like to have your opinion here.

Thanks
Matt

Q: If you had to choose one, which would you choose among MA vs V

Q: Just an observation : the store in Halifax that consistently has people lined up ( outside and in the weather) waiting to get inside ( because of Covid regulations) is LULU. Mostly millennial females. All the time.

Q: Any thoughts about this company?

Q: Retired, dividend-income investor. I am in the process of trimming my way out of Shaw (held in my TFSA) and looking at where to deploy the funds as they become available over time. I know WELL is not the same risk as SJR, but I am considering it.

However I really focus on asset allocation. I see WELL listed as Healthcare as well as Technology. Is it a hybrid? My tracking system has no problem with splitting it up into either or both sectors. As an example TC Energy, as a pipeline, is categorized as both a Utility as well as Energy. I believe it is a Utility, but because it seems to trade more like Energy stocks. I go 50-50.

I could do the same with WELL. What portion of their business is technology? Is any part of their business related to the Telecom sector? If I was forced to pick one sector, I'd go with Healthcare. Your thoughts?

Thanks....Steve

Q: I want to add one more stock to my TFSA, I am looking at FB and NVDA - which one would you recommend today and why?
Thanks for your advice.

Q: I currently own CJT. Would you advise selling to buy TFII from a long-term perspective? Thank you

Q: Hi
Ignoring tech industry companies, are there any companies that you think will benefit from market changes that have/will occur as a result of Covid-19? Covid-19 has changed so many ways people do everyday things and companies that will benefit from this change are my target.

Q: Hello 5i Team
Referencing the proposed takeover of Shaw Communications by Rogers Communications, I have the following questions:

1 – No mention of the Shaw Communications preferred shares (SJR.PR.A and SJR.PR.B) was made in the news release or presentation. Do you think they will be assumed by Rogers (i.e. similar to Cenovus takeover of Husky) or would Shaw/Rogers redeem the shares at par value at the next redemption date of June 30, 2021?

2 – Rogers will be exchanging 60 % of the SJR.A / SJR.B shares (owned by the Shaw family) into RCI.B shares, however, Rogers will not be extending this exchange to public shareholders of SJR.B. Do you think activist investors could pressure Rogers to modify their offer to allow public shareholders of SJR.B to exchange their shares of SJR.B for RCI.B [given the Shaw family controls the voting rights for Shaw Communications, I don’t see any support from Shaw family for this change otherwise it would have been part of the deal from the outset]?

3 – The exchange ratio of RCI.B to SJR shares will be 0.70. Given the cash offer price of $40.50 for SJR.B shares this would result in an equivalent RCI.B price of $40.50/0.70 = $57.85. Given RCI.B is trading 6 % higher than the conversion price [$61.57 March 15 close], would it make sense to sell my Rogers shares this week, buy additional shares of SJR and then when the transaction closes, re-purchase my desired holding of Rogers shares? I currently hold equal weight amounts of Rogers and Shaw.

4 – Could the regulators (Federal Government) require Rogers to divest its equity holding in Cogeco Communications as a condition of the deal?

Thank you

Q: Hi 5i,
GSY has always been a thin trader. There was a question yesterday about several companies being added to the TSX composite. You said that trading volume will increase and GSY will benefit the most. I understand a pickup in volume as funds that track the TSX take their positions in GSY. Once that is done, won’t GSY settle back to its old thin self?
Thanks again.
Dave

Q: Canadian Solar is predicted to have a loss of 0.55 for the quarter this week. Last year the profit was 1.12. Can you suggest what has happened and what does the next year look like?
Peter

Q: Your thoughts on infineon.Thanks.

Q: In a G&M article it states that the takeover deal requires two-thirds approval of both the Class B (non-voting) shares and Class A (voting ) Shaw shares to complete the deal - how does that work If the Class B shares are (non-voting).
Also, the Shaw family own the majority of Class A shares who already stated they approve the deal. If the Class B shares somehow vote against the deal - does that mean - no deal?

Q: Hi folks, Vivo has been a dog & disaster heading into 2021...but things appear better....2 of top 5 edible brands & 39% market share of Ontario edibles, new sales into Quebec, and just announced certification/licenses for EU-GMP, so that Vivo can begin shipping product immediately into Germany/Europe. Stock sits at .18 with 367M shares outstanding. Can please get your opinion on company going forward...I would think with $70M Market Cap...the EU-GMP news would be worth more than that on a buyout......Buy/Hold/Sell....thanks as usual for great service, JB Piedmont QC

Q: I hold these two companies at a loss. Which one in your opinion has the better upside? I would like to move into TIXT.

Thanks Dave

Q: I asked a question earlier where you responded that VVL would be a good choice. My funds are in US$ in a US account, though, so do you have a suggestion in US$? Thanks again.