Investment Q&A

Q: just a comment, great interview with marcel bourassa ceo of savaria just seen on bnn,done from his plant in brampton.
he has a guy working almost full time on m&a, and in the last 2 months he says he has made 2 offers on companies, but he also says it is very important to buy at the right price.he has 45 million in the bank and thinks he can do an m&a up to 200 million.
he and his brothers bought the company 20 years ago for 200,000, now market cap 400 million. dave

Q: I have 7000$ to invest in my cash account med. risk and no energy .as overweight. Sold above stock also have $5000 in rrsp to invest,, Help Please Med risk, Thanks in advance Cliff PS Wonderful service!!

Q: Hi Peter & team: Greetings! with reference to Tamara's question regarding who will be next US president, I hold the 3 US stock with total of some 10% gain (that is all I have in US$ and it is about 4% of my portfolio) should I hold or sell? Some money managers still recommend it. SIS I have some 30% gain and it is only less than 2% of my portfolio and you still favour it, should I take some profit? Honestly taking profit is difficult as it increases my total income and I may face a clawback of OAS. Please feel free to take my credit points as I have lots of it! Thank you.

Q: what would be the downside risk of companies like NYX, PBH, SIS

Q: Hello Peter,
Given the issues with some world banks, I have decided to hold off buying XLF. Do you think i am overly concerned here? Second, Sienna Senior Living is either stable or goes down a bit where as Chartwell continues to grind a bit higher. Any idea? Lastly, ATD.B has pulled back a bit. Do you see this as a good opportunity? Alternatively, i was simply thinking of increasing my weights on Savaria Corp given the results and forward guidance and Knight Therapeutics as it seems like it is becoming a health care fund with great management. Please advise fo your thoughts. Thanks again.

Q: Hi,
is SIS is a good buy at 11.50 for my TFSA?
thanks

jean Guy

Q: Hi,

5 or 6 years ago I watched as autocanada went from $5 to $90ish over a 3 year period. I got out of that way too early, after doubling my investment. I watch Savaria now and feel as this is something similar. Initial investment at $4, I am trying to figure out how long to ride before taking profits. It has grown to a 7% weighting in a balanced portfolio. How far do you think Savaria can run? At what point would you trim back your holdings?

Regards,

Robert

Q: after a large run up from SIS and GUD do you think the stock has become overvalued or do you still believe there is potential for these stocks to rise further? also what are your thoughts on NYX?

Q: Hi Peter and team,
I own a reasonable amount of St. Jude medical which is being purchased by Abbott - approx. half cash and half stock.
My other large cap medical holdings includes.
Pfizer, Merck, Medtronic, J&J
I also own GUD & recently bought some Savaria, small portion of EXE
Each has approx. a 1-2% allocation.

Would appreciate your thoughts about when & / or how to get out of St. Judes and what to replace it with.
I don't want more mainly pharma so probably wouldn't add Merck or Pfizer.

I like stocks with a moat such as SJM, MDT, Stryker, Zimmer Biomet and Savaria.

I don't know enough about Abbott to decide if I should simply take the shares. If Abbott is going to be more of a device / equipment company and looks good here I would take the shares.

I am happy to hold these 5-10 years (probably longer) and am close enough to retirement - 3-5 yrs that income and lower risk become more important.

I would appreciate your input as to strategy here and what to do with the cash / shares.
Could you rank the above names taking these factors into account?

Thank you in advance for the great service and your input. ( Please subtract the number of questions you think is fair.)


Tulio

Q: I see that the public sector is entering a growth phase, what would be your top 5 public sector dept picks for an aggressive growth portfolio?
I'm thinking that Health would be a 'no brainer' replacement for condordia, oh but wait...the grey tsunami...so would that be a long or short position.
Cheers and happy Friday

Q: Hi 5i Research team, what do you think of the idea of not strictly using the official sector classification when calculating sector allocation? Would you agree that I split the sector allocation of some companies when appropriate (an option not available for the official classificator)? For example, would you agree with: SIS (healthcare 75% + industrial 25%), ZCL (industrial 25% + energy 75%), TNC (financial 50% + technology 50%), AF (industrials 25% + consumer discretionary 75%)? Thank you, Eric

Q: Being a victim of success, for which 5 I is to blame, I have a question about allocation. I'm sure you've been accused of worse things than making people money!

I started a 3% position with Savaria, which has now grown to 4.5%. I started a 2.5% position in Shopify (the US equivalent) which has also grown to just under 4.5%.

The question is, do you suggest trimming these back, or are they strong enough to continue unchecked for a while? I have a portfolio that is just under 500K and don't know if it's a wise bet to place an almost full position in two relatively newer entities in a portfolio of this size. Thanks, as ever, for your help.

Q: How do you decide whether to use a DRIP or not for companies in your portfolio? Do you base it on whether you need dividend income or not or is it more company specific? We can use SIS as an example since I own some shares and wondering if I should drip the 2% dividends or take the cash.
Thanks

Q: Hi, with sis at an all time high, do you still see it as being a strong buy for the long term (multiple years)? I feel like with baby boomers getting older their products may become more sought after.

Thanks

Q: I am up >60% for savaria and was wondering if it is a good idea to take partial profits?

Or is there an optimum time to take partial profits?

Thank you,
Andrew

Q: Enjoying the Savaria ride. Great Story. Nice call. Slowly growing small company. Are there any other Companies that you are following that are up and coming similar to the Savaria Story. Low under the Radar. Keep up the Great Work. Thanks for everything.

Q: You often refer to a stock as expensive or as cheap or inexpensive. Can you explain what you mean by that. For example are KXS and SIS cheap or expensive? What about BOS at its current price?

Q: when they bought the automotive division of shoppers home health care , a division of shoppers drug mart. do they sell their products at shoppers store or does savaria have their own stores to sell their merchandise if so do they lease or own the buildings. thanks any other info on this company . looks like a good one, any idea on next acuisitions.

Q: is savaria planning to expand into new cities.

Q: Hi, Could you please comment on Savaria earnings. Looks like strong results and a higher full year guidance. Thanks