Investment Q&A

Q: In a response to a recent question, you said that you could see Cannacord increasing by 50% or more in value with better capital markets. My question is this. Do capital markets usually improve before the price of oil increases (as I assume CF is largely dependent on activity in the oil patch) or after an increase or could a continued lower price also stimulate activity as the strong take out the weak? Guess I am wondering what type of catalysts to look for when deciding whether to continue to hold this.

Appreciate your insight.

Paul F.

Q: Your thoughts on the recent purchase.

Q: What do you think of this US bank. Ron

Q: Any thoughts on today's decline? And would you initiate a position in this company today? Thanks as usual.

Q: I noticed the CEO has announced retirement today, and would like to know your thoughts on the matter. I own the stock and it is down 16% from where I bought it. Should I take my losses or wait to see what the new CEO plans ? Thank You

Q: Hi Peter and Team,

I enjoyed Sylvia's question and your answer about Constellation CSU and other "high-tech" stocks. I realize that Sylvia didn't include Kinaxis KXS in her question, but I found a link to a Canadian Business article that describes the type of technology that KXS is involved with, and lists some of their high-profile clients. Perhaps Sylvia and other readers may benefit from the article.

http://www.canadianbusiness.com/lists-and-rankings/most-innovative-companies/kinaxis/

Q: Hello 5i team,
It was very thoughtful of you to send us your special report on the above securities; however, I fail to understand your rationale for doing so, as per your quote: "we wanted to notify members of an interesting and potentially time sensitive analysis on Canexus, Superior Plus and Amaya. It is currently only for members (so logging in may be required) but we will be making it public in due course".
I thought 5i Research's research and analysis was for the exclusive use of the members and not to be disseminated to the public at large.
Please clarify,
Antoine

Q: Were Endo's earnings THAT bad. I see mixed reports. It is my only health care stock, which I own only because I owned Paladin. Perhaps I should have switched to Concordia when you put it in the Growth Portfolio. Is it too late to do that, or would you recommend that I just hang on. Endo's one-year chart looks absolutely brutal, and seems to be getting worse. Need guidance. Cheers

Q: The price of Transat is up. Do you think it would be a good time to sell. Ron

Q: Because the CAD $ is steady at a 40% Discount to the US$, I just can't get myself to buy some good opportunities in US stocks. Am I wrong? If I buy a share @ $100US, it is costing me 140CAD......so the stock will need to appreciate by 40% just for me to break even!

Thanks

Q: Peter; Thank you for the reply re the Enbridge new issue. I am having a problem figuring out the difference between a short seller going short a stock - which happened in Canada last year quite a bit- and then issuing a derogatory report to drive down the stock and cover his short position. Then you have major Canadian dealers going short ENB in the full knowledge they are going to be doing a new issue at a huge discount. They have no risk as they can buy the new issue to cover their short position- plus they get fees to do the deal. Why is this not insider information? What am I missing- is this just the way all new equity issues are done in Canada- and the U.S.. Seems like a deal to me- but not if I bought stock from the Enbridge dealers at $45.00. Can you explain the difference to me- and maybe other members? Thanks. Might be two questions in here so you can ding me for them. Rod

Q: Hi Peter
Would you please up date me on your thoughts on Energy Fuels. Any potential upside there?
GUY R

Q: I only own one Reit which is Slate Retail Reit. Nice dividend but little movement in stock price. What would be your three favorite Reits? And where does Slate Reit fit into your picks or does it? Thanks so much. Lorraine

Q: Hi Peter and team - I know that you have concerns about HudBay Minerals one of them being it's debt. I am just wondering if the arrival of Alan Hair as the new CEO and President has the potential to make a difference in the value of this company assuming that the price for base metals (especially copper and zinc) either remains the same or improves. Also do you know what the insider ownership is and if there has been any significant recent buying or selling.
Thanks.
Rob

Q: I am building a portfolio of dividend paying stocks as a source of revenue for retirement in a few years. Am I correct that in the consumer staples area (where I am under weight), your top picks at this time would be ADW.A and PBH? Or would you go for something larger for more stability (e.g. L)?

Also, I observe that your sample portfolios run to two pages but I think you suggest 20-25 stocks is a good number for most of us. Have I missed something?

Q: Hello team,

Thanks as always for your valued insights.

Can you please comment on ATA in general terms and speak specifically to today's announce deal. Is this not the sort of deal that could give the name a serious tailwind?

Q: I have preferred shares in my porfolio :ENBRIDGE INC 4% SER-3 PFD (ENB.PR.Y-C) ,BROOKFIELD ASST4.2%-34 PF (BAM.PF.B-C) and RYL BK CDA NVCC 4%-AZ PFD (RY.PR.Z-C). These were bought before I took care myself of my portfolio. All of them are down 40 to 50%.
I am tempted to sell all those preferred and replace them with CPD to get the capital loss for 2016 and keep getting some income.
I do not know much on the mechanics of preferred. Is this a good idea? Should I buy back the same titles after the 30 days required to avoid a superficial loss are expired?
Thank you.
Serge Lacroix

Q: Hi there - can I ask for your opinion on PRA group? Analysts seem to have mixed opinions on the company, but it looks interesting based on some of the reading I've done. It's down heavy this morning after what looks like a minor miss.

Thanks much.

Q: Hi Peter and team - Could you comment on the recent agreement between Bankers Petroleum and Albania. Do you think that this is likely to have positive results and if so what might the timeline be. From your previous comments it would seem that BNK has the ability to pull through in the event low energy prices continue for a while but that the impasse with the Albanian government was a major concern. Also when I checked insider ownership with INK it seemed to be very low. Do you know what the insider holdings actually are. Thanks.
Rob

Q: Hello Peter, I need your help to rank the above with respect to safety, income and growth for 2-3-years.
Many thanks, J.A.P.,Burlington