Investment Q&A

Q: What do you think about KBL's recent earnings?

Q: I’m considering selling these 3 for tax loss purposes. Do you see any redeeming qualities in any of them that would suggest I hold?

Q: Hi 5i
If one purchased KBL believing in long-holding support near $38, the fact the internal investments looked good going forward and the business is relatively stable to growing, how much further below the break of technical support would a good and profitable investor give this name?
Current price is $36.01, trend is down on small daily volume and on no news.
It is beginning to look more like I purchased into a stock that is continuing a three year down trend.
Is this an exit given the price decline does not appear to be abating?
Or does one continue to hold for the business stability and future benefits from investments?
It did not appear to me as though I was buying into a stock in a down trend but the chart is showing me a different reality.
Thoughts on this situation?
Thanks
Dave

Q: Good morning. Why is K-Bro Linen continuing to drop almost daily? Is it time to sell?

Q: Please comment on k-Bro's results. Are these numbers in line with expectations. I know they incurred a lot of costs with aqquisitions and moving facilities, but the numbers still look a little soft.
Cheers,

Q: Thank you for your recent article. It prompted me to finally free myself of some terminal losers (CRH, PHM, VMD, DBO). Long overdue.
I would appreciate your opinion on whether I should also sell BOS, KBL and PLI rather take the long ride to the bottom like I did with Nortel.

Q: Good morning Peter and Team,

In your answer to Shyam, you wrote: "In these situations, we prefer to sell the under-performing names and buy those that are performing."

In the case of KBL which is held in my wife's TFSA and in my RRIF, we are still in the black, but it has declined a lot lately, would this be a good candidate to sell from the TFSA since it's become a rather mediocre income stock?
If it is sold, what "growthier" stock in
(a) the Industrial sector might make a good replacement?
(b) any sector might make a good replacement?

Thanks for your insight.

Q: Hi 5i
I know from your articles we should not be asking questions focusing on daily price action, but the recent breach of long term support has caught my attention.
In Tuesday's trading, the price withstood selling of over 80,000 shares then dropped below support on an aggregate amount of 4500 shares being sold.

This investment is included for the purpose of stability and future growth once through their plant investments. Not interested in riding another stock to 50% loss just to collect a meagre dividend.

Would you please comment on company, recent price action and how you would characterize this investment at today's price in today's market?

Thanks for the service.
Dave

Q: I am retired and my portfolio is defensive with an emphasis on income. I bought KBL in 2012 at 29.12 based on your research. I sold off some in 2016 to rebalance my portfolio. While I have done very well overall with this stock, its performance over the last two years has been poor and I am considering eliminating it from my portfolio. Should I reconsider? I don't mind being patient but do not want to wait and watch any holding become a long term yield trap.

Q: Hi 5i
I have been considering buying kbro linen as a portfolio stabilizer with 3% div income.
Your previous comments ant stock price movement indicate stability; to the point of boredom.
Would you please confirm or comment on expectations and below thoughts?

Efficiencies should be increasing with positive effect on margins
New plants will enable growth with increase in capacity
Dominant industry position should enhance contract win potential
Scotland acquisition will add to earnings
Eventually all this should show up in earnings and stock price

As a final Q, sentiment has weakened recently (small volume). Any thoughts on likelihood of negative sentiment will outweigh positive fundamentals whereby drive stock price down through 38 dollar support?

Thanks for your input.
Dave

Q: Hello 5i
Happy New Year!

I am looking to move cash from savings into a higher ROI investment yet not add very much market risk. With Savings offering 1.5%, I feel with a small amount of risk uptick an investor should be able to increase return.
An example of one selection as likely candidate, I have been looking at PPL.PR.K - rate reset 2021, minimum 5.75%. current yield @ 5.47%
Would you think BCE, EMA, KBL and/or ALA.R suit this consideration.

Would you please offer a few ideas for this ROI Upgrade that may be suitable for this effort?
While I am aware any desire to increase in return will drive an increase in risk and one needs to be careful to not reach too far for yield, what additional comments or thoughts would you have for this type of investment move?

Thanks for your excellent service.
Dave

Q: How do you feel about these two names as income stocks with a small amount of growth? In a market correction they should stand up half decently?

Regards,

Robert

Q: Thoughts on their acquisition and the offering at $37.35?

Thanks,

Robert

Q: These four losing stocks of low weighing in my portfolio. Please advise if they are worth holding for recovery. CXI, SYZ and KBL are thinly traded. Thank you.
Bill

Q: Dear Sirs,
I am looking for 5 companies(Canadian and US ) that you feel would weather a good sized market correction well. I understand that the US is not a primary focus but would appreciate any names you feel comfortable suggesting as part of a grouping of 5 to 10 names. As an aside , would you view a holding of Berkshire Hathaway as meeting the above criteria.

With thanks

Q: I am in my late 30's, and I have a long-term time horizon. However, I find myself gravitating towards stocks with stable businesses that pay dividends. I currently own BEP.un, NWH.un, CSH.un, and SLF.
For a long-term, yet somewhat conservative investor, what are some companies that I should consider adding to my portfolio? Thanks in advance!

Q: Hi Peter and Team,

In our combined portfolio, we hold the following Industrials: BAD, EIF, KBL, NFI, SIS, and STN. In this group, we're frustrated with EIF and are just breaking when considering its healthy dividend. I like your idea of "forever" stocks and note that CNR is your pick in this sector. My questions are: Given that all of the above (with the exception of EIF) are performing well, would you be OK with replacing EIF with CNR, or perhaps you have a better suggestion? Are there too many Industrials in our portfolio and is it time to exit one or more of the group?

As always, your advice is greatly appreciated and valued.

Q: Sylogist and K-Bro Linen, two stocks have been quite boring for a while, do you know of any catalysts that could move these to the upside, possibly before the end of the year, thanks?

Q: I'm looking to add a staple to my non-registered account in addition to ECI. How would you compare rpi.un and kbl at today's price? And what price would you upgrade rpi.un from a C+ as per August Coverage Summary?
Many thanks

Q: Aa aging seniors, my husband and I are beginning to feel our "investing for the long term" is probably less appropriate than investing for the short term. Following your observation that CGX is less reliable than it once was, therefore, can you suggest a good replacement for it? It has done extremely well for us. And we are still well "up" on it. Thanks for your continued sage advice.