Investment Q&A

Q: Hi 5i experts,

I noticed this penny gold mine stock has very high deposit potential of 1.6M Ounce. One question though is the high institutional holding. Why there are over 50% institutional holding for this penny stock? I heard before that institutions normally only buy stocks above $5. I checked other gold mine stocks and most of the penny stocks have high insider holding but very few institution holdings. Does the high institution holding means a lot of fund managers see this stock as a good upside potential?

Thanks,

Adam

Q: Do you know a web site where it could be easy to know the AISC costs for gold miners, mines’ lifespan, etc .. Kind of ranking lists, without going thru each producer data. Otherwise, do you have similar info for the most popular producers? … Gold be with you ..

Q: They announced a power purchase agreement with Royal Bank today, that piqued my interest. Would this raise the profile on the company? Stock is thinly traded but I have patience. Your thoughts please as an investment in the green space. Thanks.

Q: I have a loss of 38% on IAG and ok holding with 4% dividend if you think stock has room to move up, or should I sell

Q: Hello,
I am down in my TFSA by average 25% ( MX, RVX, CERV, CHEM, OVV, POW,CHR). I am up with EMA by 25%. I was thinking of selling EMA and buy some growth companies for a 5 year outlook. Is it good to get into LSPD, REAL, KXS and DCBO at this time.
Thanks
Ravi

Q: NTAR Nextech Do you have any thoughts about this high flyer now that they are trying to raise additional funds. Thanks

Q: Hi, I am trying to remember a certain stock you presented which has a vertical zig-zag curve. Someone asked about a safe investment which returned more than a GIC or money market account and you suggested this stock (or maybe it was an ETF). Many thanks

Q: Can you name your top 3 small to mid cap Canadian gold companies that you would invest in today? Thanks again.

Q: TD securities is offering a structured note product TD GDXJ ETF autocallable coupon notes It is linked to the junior gold sector
Could you explain how this note works and what are the downsides and upsides to this note I am thinking of purchasing some
Thank you for your response
Paul W

Q: These two are currently my biggest loosers, down 30% and 40% respectively, unfortunately they are in my TFSA, only there because thats where I had cash available when I liked the idea of the purchase. Admittedly I havent been in CAE very long, MX has been held much longer. With current events would you sell and move on, if so a few suggestions for this account please other than Tech please, I'm way over weight there.

Q: Please comment on the quarter

Q: What would be your three top picks in utilities in either Canada or the US?

Q: Thoughts about this company? Inside ownership? Cash on hand? Debt level? Do they own properties near other major players.

Q: AQN was added to the TSX index in June. I had expected the stock price to go up because all of the index funds would need to add it to their holdings. However, the stock is down and lagging others in the utilities sector. Can you provide any insight as to why AQN is down?

Q: Hi there,

People have made good money investing in SPAC's this year (DraftKings, Virgin Galactic, Nikola) although I'm sure have been less successful. Ackman and Pershing Square seem to be bringing PSTH forward with a structure more friendly to the retail investors. My question is whether you consider PSTH to be a worthy investment at this time or if you would wait for an announcement about who they bring public? It would seem that if you have faith in Ackman you have to get in now to capture upside. Would you buy or wait and why?

Q: Good morning what are your thoughts on EIF with there earnings coming up would you think dividends are at risk or is there business model good in this era Thank you

Q: What is your top choice for playing the gold sector? This will be my only exposure to precious metals.

What are your top 10 growth names (Canada or US) for a new investment with a minimum 5 year hold? I'm not concerned about sector diversity or weighting because we're well diversified in other, larger parts of our portfolio.

Thanks.

Q: So at what point to you throw in the towel? You have done that to numerous stocks and said the money could be put to better use. This stock has been a waste of money, why would anybody want a health care stock that has this record. Do you really think that one day this company is going to make a deal that is going to make it explode and make up for the waste of time that you have been promoting it.
Sorry but i had to get this off my back.

Q: Hi folks
Today the 28th Arnold asked if shares of Bip.un will drop and you said yes by 20 to 25 percent. Should I sell my shares today and buy back after the drop? When do you expect the drop? All within my RRIF..
Thankyou

Q: This is an observation on Knight after your response to Cheryl's inquiry and your revised position stating you are getting edgy about this company.
One aspect of investing I have learned from my time with 5i is to have patience with a company and to not react to one quarter results.
Regarding Knight, we waited and waited and finally they did a solid acquisition which closed at the end of November 2019. 5i indicated it was a good deal for Knight.
They have not completed the deal as they are still pursuing the 48% from BTO shareholders. This is an unusual way to buy a company and it taking a long time.
However, after they pay everything, they will have no debt, lots and lots of cash and have repurchased over 12M Knight shares. They are presently doing a second NCIB with the intent of buying another 10,8M shares. So, they are buying 20% of the floating shares, enhancing shareholder value. Should they have started a dividend instead? I think that was too early and approve of their share repurchase. However, does that mean they don't see any future deals on the near term horizon? I do not know but they will still have a few hundred million...
They have now reported one quarter. The sales met one analyst's estimate but fell short with the other two. Not exactly a disaster considering it is a new company in new and faraway countries during a pandemic. The company says the virus is a non-factor but many in South America, and everywhere, are more reluctant than usual to seek medical treatment that is not absolutely necessary because we want to stay home and that has to hurt drug sales.
I think this company's share price will be double by this time next year and will be approaching $25 - $30 by the end of 2023. Considering the high valuations in the market today, this seems like a prudent investment. If they have not performed by December 2023, I will sell my large position and take the bath. However, I am not buying any soap today.
Do you have any update on whether they have purchased any shares on the second repurchase? And, they were late reporting the last quarter so when do they report again?
It is almost unthinkable to differ from your opinion on any stock because you are all so smart. We'll just have to see on this one but I think it's too early to expect so much after waiting so long...
Thank you.