Investment Q&A

Q: I am intrigued by the yield offered on these two Pfd's ...around 7 % with resets 4 & 5 years out at approx 4.8 % (C) & 5.4 % (G) plus 5 yr Cda Rate...Can you give me your opinion, please and thank you , as to the credit worthiness of these two pfd's ...also if you know there credit rating...and whether you would feel comfortable buying them at these levels with the view of holding them longer term...Many thanks

Q: How would you compare Dir.un and Aar.un going forward ?

Q: In a response to a prior comment on this stock you mention how SJ anticipated "the upswing in the spending cycle" I guess for poles and ties. Your April report forecasts a 1 year Revenue growth of 10.4% vs 5 year growth of 25% p.a. and a more recent (Nov.) TD report of forecast 18% growth for 2016, which I can assume is partly extraordinary FX gains to date and partly acquisition based since Apr. What I wonder about is just how cyclical is this business and what a decline in the spending cycle of utilities and railroads might look like. TD forecasts only 7% YOY Revenue growth of 2017 vs 2016 but does not take into account any M&A activity. When was the last downturn in this business and how long did it last? I note they grew EPS in 2008/9 but were a much smaller outfit then. Thanks, J.

Q: Thoughts on currency hedging these days?

http://canadiancouchpotato.com/2015/02/04/stepping-back-from-the-hedge/

"McCreath sees the supply of oil as being the key determinant as to whether the Canadian loonie hits US$0.65, taking stocks down with it, or a perceived recovery of oil prices into 2017 enables Canada to outperform." Your thoughts and to What CDN companies do you like most that are US currency friendly? I will find it even harder to invest in good US stocks for 2016 (i.e. Disney, Costco, Monster Bev etc) since we'll lose out on the currency rate this year.

Q: Happy new year 5i Team. I see that you have answered question on chipotle back in November 2013. What is your outlook of the company at this current situation? Is the price reduction due to the current E-coli outbreak overdone? Can you also share your views on the company financials like debit, eps growth, share count and P/E and its comparison with its peers?What is your opinion on the management team? Do you consider this stock as Buy at this levels for a medium risk investor with a 2+year hold? Thank you for the great service.

Q: Happy new year Peter and Ryan,

Looking to add a non cyclical consumer goods and was hoping to find it in your growth portfolio. Did i miss it as I couldn t find one.

Thank you and I look forward to your guidance through these troubled waters.

Q: 20 million shares shorted when you combine nasdaq shorts and tsx shorts out of a possible 96 million trading shares. time to run maybe another IT attack coming.

Q: I'm underwater on a position in XBZ. Wondering what your thoughts are on the Brazilian economy?

Q: I have looked all thru the website looking for the blog on options and the questions pertaining to it. Could you point me in the right direction? Thanks Ron

Q: Hi Peter
I have a bunch of losers in my well diversified portfolio, specifically BDI, FRC, FM, SGY, WCP and YRI. My question is which stock(s) would you keep (and why) and of the stocks that you would you would sell (if any), what stock would you replace it with? I am thinking a 2-3yr timeframe, am ok with risk, dividend would be a bonus but not necessary and any industry is fine. Thanks and dock as may credits from my account as you deem necessary.

Q: Peter, on a pure risk vs reward basis, and given today's market activity, which of the above would you suggest for an acquisition in a TFSA for a long-term (5+ years) period?
Thanks, James

Q: Looking to add a financial stock. I am trying to stay within the growth portfolio so I am leaning towards cxi and efn. I am thinking GUD could also fall under this category since they essentially borrow to the health care industry.
Thank you and i appreciate you re guidance.

Q: After market close today,BIN stated Review of strategic alternatives to enhance shareholders value.In US,it was up $1.39 to 24.60 in after market.Your expert view please.Appreciate your usual great services & opinions. All the Best for 2016 to Peter,Ryan & all staff @ 5I

Q: Happy New Year to the 5i Team,
I found your answer to the question regarding PHM`s year end results to be clear, factual, but guarded; understandable, considering the dramatic start to this morning`s opening of the North American markets. By the end of the day, the stock went up 25% with huge volume. I am currently with BMO Investorline, who are on record as stating that ``There are currently no news headlines for this security`. Without overstating the obvious, would you be able to offer any further observations or feedback after today`s results, on an otherwise gloomy day? I find it hard to believe that there has not been more interest shown by other members in this event. Thank you as always. Rick

Q: As always, I would value any comments on AL. Tx. Austin

Q: I want to buy into oil and gas now and am prepared to hold for the turnaround. I just don't want the companies to go out of business. What four companies would you rec

Q: Hello Peter and Team,

Happy New Year. I know this is an extremely general question... What do you see as the best investing opportunity or having the biggest upside for 2016? Things to consider could be companies that were quiet/unfairly beat up in 2016, or some momentum/general trends you see emerging this year. Feel free to make this company specific or an overall sector.

Thanks,

Jordan

Q: Hi Guys,

Could you comment on PHM's stock based compensation for 2015 of $9,162,835.

Is this reasonable and what holds in the future for this?

Thanks
John

Q: Happy New Year Peter and the 5i Team,

Last year,I transferred (in-kind) some 'poorly' performing stocks from my RRIF to my non-registered account. The reason for doing this is three-fold: (1) I am in the fortunate position of not needing the RRIF income for living expenses, so am gradually reducing my RRIF portfolio even though I realize that these withdrawals are taxable.
(2) If the stocks continue to under perform, they can be used as tax-loss selling inside the non-registered account. (3) If the stocks turn around, then the non-registered portfolio will grow, and the dividend tax credit will help to reduce the overall tax burden, when applicable.

Given that my 'thesis' is valid, and if what I've outlined is a good idea, which of these "under performers" in my RRIF would you suggest be transferred to my non-registered account? ABT, G, HLF, PEY, and SPB.

Thanks to 5i's timely advice,the "outperformers" in my RRIF have done very well so that even in this difficult market, the portfolio is still up and handily beating the TSX.

Since this is a rather convoluted question, please dock my question credits accordingly!

Thanks as always.

Q: hello, hello...just in from a long morning coffee with friends....and when I turned on the computer, this headline popped up "Chinese stock plunge triggers trading halt" While I hold a diverse balance portfolio, I wondering what this plunge means going forward for canadian and american centric positions?..........wow, with this plunge there and much less here, what at way to open investing for 2016, eh?!........Tom