Investment Q&A

Q: In a registered account I would like to do some money recycling and choose 2 to depart from and recycle back into the others. HPS.A with 4% weighting and GSY at 6%. WELL is (well below) purchase price and although I still believe in the company the others might do better with a 5 years horizon but maybe not, your take. Could you identify the 2 you would let go and where would you recycle money into with a 1-5 preference, 1 beeing where you would add the most and 5 you would put the least. Having said all of that the total portfolio is much bigger and the position size of all of the above except for HPS and GSY are in the 1-2% range.

Thank you

Q: Can you provide your top 3 small cap picks with the most upside over the next 3-5 years.

Q: I believe the recent weakness in GSY may also be partly the result of Stephen Smith merging Home Bank and Fairstone to create a stronger competitor to GSY, plus all the noise about Propel.

Q: Hi,
I'm wondering what's up with GSY lately - or should I say down? It had a good jump in Feb and now is threatening to drop below that. Are you aware of anything of concern that is driving shareholders to sell? As always, I look forward to your opinion!
Thanks,
Dawn

Q: I just read your report on propel holdings. They sound like a good takeover candidate for GoEasy. Will give GoEasy an entrance and exposure to the US consumer, as well as Propel’s AI program. What are your thoughts on this?

Q: Regarding Sheldon's question about the drop in GSY on March 25th, a consumer credit lender, CURO Group Holdings, filed for bankruptcy today. There are more details in the press release. CURO now trades for 7 cents, down from $20 two and a half years ago, so it's been a long slide into insolvency, the opposite of GSY, but it makes some people nervous enough to sell.

Q: Any reason for the big drop in GSY today?

Sheldon

Q: In an earlier response to Olympia Financial Group regarding a 1% interest rate increase/decrease having a 33% increase/decrease on the companies annual earnings you said:
"this sensitivity to interest rates is common for financial companies that earn interest on a large investment holding (such as brokers, insurance) "
Please name 5 Canadian companies more sensitive to interest rates (on earnings) then Olympia Financial Group? I want to track a basket of these stocks.

If you expected rates to be revert to 3-4% for the next 10 years is Olympia still a good investment at these levels today?

Q: Hi 5i,
I've held GSY for a number of years through both steep increases and steep drops, and currently am up 24%, including dividends. I've been heartened seeing it recover from the $90 range to its current $165 or so, but wonder if it's got much more in the tank...?
Maybe just an itchy trigger finger, but I'm mulling over selling 1/2 of my GSY and using the proceeds to purchase PRL - the rationale being to spread the investment risk allocated to such lenders between two companies rather than having it all with one, and also for the prospect of greater capital appreciation and dividend return over 3 years or so for the share of the funds put with PRL.
What do you think - wise move or unnecessary fiddling with a good thing?
Thanks.
Peter

Q: WELL has required a lot of patience. I know you still like it, but is there another smallish cap you would select over it? I own TSU, LMN, SIS, and SYZ.

Q: I’m looking to add a Canadian stock with great potential to compound over the next 5 years or more. I already own stocks such as TFII, ATD, BN and CSU. Which do you think has is the best opportunity to start a new position along GSY, DOL or TRI? Or maybe WSP? Please rank and/is there another I should maybe consider?

Q: Where would you rank Berkshire in the above stocks today? Seems fairly cheap according to price targets.
Thank you

Q: What is your outlook for GSY, is there any upside left for it or do you think I should hop off here and go to a bank? ..........I would also like to know which bank would be your favourite, even if you recommend keeping GSY.

Q: Hi

The results yesterday for PRL look good.

Raymond James has risen there price from $18.00 to $31.00.

Could this be a junior/next GSY?

Thank you for time.

Sincerely

Mike

Q: I am considering adding one of the following to my TFSA. Which do you believe has the best long term prospects?

Q: Any updated view on Goeasy..Acting weak of late?..

Q: Hello 5i,

Thank you for taking time to answer so many questions on top stocks to own or purchase. We read through questions on ranking popular stocks but we were not able to formulate a priority list of CDN and US small cap stocks, especially with so many rising quickly in the last couple of months.

Based on current valuations, risk, growth potential, and management, in what order would you purchase the stocks below for a 2-5 year hold? If there are too many stocks, can you please list your top 10 or 12 in priority from the list?

ACLS, ACMR, AXON, CELH, DOO, ESTC, GSY, HPS.A, INMD, LMN, OPRA, NXT, PATH, PLTR, SMCI, VRT

Thank you

D&J

Q: In the 5i Growth portfolio which 3 companies do you see having the best growth potential over the next 3 5 years?

Thanks for all of your guidance.

Mike

Q: Hi Peter & 5i,
Q1 - CSU and VGT values have caused my TECH sector allocation to be overweight. Knowing you can't personalize weightings and keeping in mind the theory of letting your winners run. Would you see a trim of CSU and VGT and putting those proceeds into GSY as good switch for future growth? Or would I be just shuffling future growth from one sector to another?
Q2 - In showdown of TIH and EIF which one would you recommend for overall future returns? Do you have concerns about the debt levels of EIF versus the EBITDA? No such concerns with TIH.
Thanks always for your great insight and advice.

Q: Hi 5i
After the large run up in sp, the stock seems to be having large retracement, Is there any news driving this that investors should be paying attention to?
Does this cause 5I any concern in short to medium term.

thx