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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Morning Dec.19,MNW announced sale of Minerva,which it bought in 2014,& cash sale proceeds of $350k will be utilized to reduce debt.Also it intends to buy back shares.Initial market reaction was positive,but then turned south & got wrose after Spooner,CIO was interviewed on BNN @ around 11.20am pst.It had lost $1 from Dec 16 close.Please may I have your expert opinion.I have a small position,p/p $11.45,i.e. a 22% loss in my RSP.Aso please advise if I should move on.If so,please give me your best 3 stocks(do not have to be in the same sector as MNW}.Always appreciateyourgreat services & advises.All the best for x'mas & NY to 5I & staff.
Read Answer Asked by Peter on December 22, 2016
Q: It seems that 5i and company have the power to move markets with ABT and TOY both up today!

I have 15% allocated to 4 tech companies - CSU, MNW, ENG and OTC - all in fairly equal amounts within a diversified portfolio. Would you endorse a switch out of MNW and into KXS for better potential growth with reduced risk or do you feel their profiles are similar? Would adding a fifth holding be better and if so, should I increase the tech percentage or reduce one or all equally?

Appreciate your insight.

Paul F.
Read Answer Asked by Paul on September 01, 2016