Investment Q&A

Q: I just sold MG with a nice profit, despite its recent drops. Is it time to buy Martinrea?

Q: Peter and Team,

I am working on bringing my portforlio much more in-line with the 5i Model Portfolio.

I have no other exposure to the auto sector and am 31 so I don't have a real need for dividend income yet. Should I be taking a 5% position in Magna or a 5% position in Autocanada or would I be better off doing 2.5% in each. Total portfolio is approximately $100K.

Q: Hello Peter and Team,
I’m looking at adding 3 to 4 positions in the tech and industrial sector to my portfolio this is for the long term. Been waiting for a while to buy CSU, SYZ, MG and MDA and these stocks have been doing very well what would be a reasonable entry point or should I be looking at other stocks.
Great advise on AYA, BAD, CGX, STN and THI.
Thank you, Ronald

Q: Hi Peter:
Magna takes a big jump today to $ 85; one fund manager recently on BNN talk show suggests a model price of about $90; would you
agree or it is getting abit expensive ?

I made some gains and is considering taking 50% off the table soon
thanks

Q: Hi Peter and 5i team. I hear a lot of positive outlook for the auto industry parts suppliers Magna and Martinrae. Does this also translate to suppliers Automodular (AM) and Pacific Insight Electronics (PIH)? Are they in a position to take advantage of the rebound as Magna and Martinrae have? Thanks,

Q: I own both T and RCI-B. I am thinking of selling RCI-B and buy MG. Your thought?

Thanks

Q: I have held BBD-B for a long time and I am finally breaking even. Is now a good time to sell? If so, could you suggest another manufacturer that you like?

Q: What does Magna's 'Automatic Share Purchase Plan' mean to the ordinary investor?

http://www.theglobeandmail.com/globe-investor/news-sources/?date=+20130628&archive=cnw&slug=C4361#dashboard/follows/

It seems like they are trying to mitigate any downside risk by creating a support level for their share price (ie. buy it back if they value gets too cheap), is that the gist of it?

I have been debating Magna vs. Martinrea for a couple of months now. Magna seems safer but due for a small correction, Martinrea seems to have more upside potential, what would you buy today and what would you estimate for a holding period? My profile = not afraid of riskier plays if the appreciation potential justifies the additional risk, I can hold a stock for 12 months to 12 years, thanks team!

Q: Magna: I know you are not a trader, but as oil increases (and understanding the recent run up in Magna's price) would you take some profit and see if there was a pullback and re enter?

Q: Hi Peter, I would like to increase my exposure to the auto sector. Would you choose MG or MRE, which I own, or another one? Is now a good time to invest in these companies?

Q: Hi Peter and team. We're really liking your advise.
We are up nicely on Magna [MG], and we're tempted to take a profit. In your opinion do you think Magna has more room to go up. We understand the car sales in Europe were down last month. Will this have an impact on profits.
Thanks again

Q: Good Evening 5i
I have had a nice run with JP Morgan (30%) and wonder if you see more upside with the American Banks.? I was considering initiating exposure to the auto sector by way of Magna or AutoCanada and wondered what your viewpoint was on selling JP or lightening my position in either Horizon or Western One. Or should I just hold the course.

Thank you

Q: What would you be buying now (sector and or stocks that are atttractive)?;
or would you sit tight for a while longer (acknowledging that one cannot time the market)?

Thank you.

Q: Magna (MG-T) keeps on pushing higher. Is the valuation getting stretched? Would you commit new money at this price point? Best, Don

Q: Is it too late to pick up some shares of Magna? The last time you commented on it was in January and it has done very well since then. Thanks for your answer. Lesley

Q: MG
Hello 5i....I've renewed:)) Do you think Magna is a "good company", and is it a keeper rather than a sell at say a target price of $55? Do you know if they have any plans to raise their dividend? Many thanks. Susan

Q: thanks again for your great insight
magna has made a nice run for me and seems to bee near a high, opinion would be appreciate

Q: In light of the upturn in car sales in the US, would you prefer LNR to XTC or just go with Magna?

Q: Peter - what are your thoughts about the supplies to the automotive industry such as Magna and Delphi. I know about and have invested in Linamar in the past during the 2008-09 crisis because of the family behind them but Delphi in particular looks interesting to me because of the increase in share of content per vehicle for components that might be hard to replicate in markets where production is rising. I would appreciate your input as you always have an excellent perspective! Thanks!

Q: What are your thoughts on Magna Interntional (MG)? Thanks.