Investment Q&A

Q: Hi there
I am aware of the definitions of Book Value and Tangible Book Value. I am sometimes a bit shocked on how much stocks like Sherritt can trade below book value - trading at $2.07 and book value is listed @ $10.43. If there is such a difference why don't we see another mining company or hedge fund buy the stock at a discount. I know the stock would rise but it would not rise all the way to book value would it. Just seems the trading price gets so out of wack on some stocks. Another couple of examples would be MRC and MEQ in the real estate side, or AR on the gold side. Am I missing something here?

thanks

Q: Hi Peter What is your take on the Whitecap Beaumont deal >Sure am not happy with wcp raising cash at $13.50 probably to fiancé the deal.
Regards Stan

Q: Hello Team, Just wondering your thoughts about a U.S. stock which I have been following in the Information Technology sector. Seagate pays a almost 4% dividend and has been raising it in the past. Also wondering what ETF you would pick in this sector. Thanks again Herb

Q: Hello 5i,
I am still looking for fixed income. I would appreciate your opinion on Autocallable note securities and in particular on the following notes:

https://www.cibcnotes.com/ScreensCA/DocumentDownload.aspx?DocumentTypeID=4&PublishStatusID=1&ProductID=1345&CultureID=1

Thank you.
Nadine

Q: Is 5i starting a new model portfolio for small cap stocks and when?

Q: Hello,

A few days ago you mention that Striker is a risky stock. Do you think that it has a chance to go belly up if the oil price stays low (or go lower) for a longer period of time?

I have a 2 years (+) time frame. Is there a better one that you would recommend

Thanks M.

Q: I have been wanting to add this business or Bin to my RRSP for a couple of weeks but did not think I had a good or proper entry point.
WSP reported this am, and result are good and the stock has jumped over $1.00, on the other hand BIN has been fairly stable for the past few weeks, coupled with the fact that there was heavy inside trading in the past month.
Could I please have your opinion which would be the better position as well as a dollar entry point.
Both business are excellent in my estimation for long term growth and hold

Again thanks for your great and awesome service.

Q: Hi 5i team,

I am looking to invest 20K in my girlfriend’s newly opened TFSA. This would be her only investments at this time. I’d like to purchase some securities where the dividend would be above 3% and still have potential for some growth. For now some medium to low risk names for a 2-5 year hold (maybe longer if the money is not needed).
How many securities would you suggest I purchase to be somewhat diversified?
Which ones should I start with and the weight you would recommend?
Or would you recommend to have equal weighing on the suggested names?

Thanks again for the great service you guys provide.

Q: What is happening with this stock? It fell off a cliff recently. Is it a buy down in the dollar range?

Q: You spoke favourably on a couple of US stocks recently. CEMP which I am up 25% on (thank you very much), MTSN (Mattson) which I am taking quite the haircut on - what do you see with these two stocks going forward? Also, do you have more momentum stocks similar to CEMP?

Dennis

Q: Hi..Can you please provide your thoughts on the latest results, and the impact of the dividend cut. Thanks.

Q: In Johnathan Goodman's comments this morning, following release of their results, he indicated he will not rest until Knight realizes the same gains as Paladin (paraphrased). Do you see the possibility that this stock will go from $9 to $140 and was there anything in their year end results that gives a hint this is even remotely possible??
On another note, what happened to RMP Energy?
Thanks.

Q: Good Morning!
Will the growth portfolio be all Canadian stocks? The new portfolio with its about 25 stocks will be my entire growth portion of my overall portfolio. And is it it wise to put all my growth investment in Canadian stocks?

Q: Your thoughts on Mic Us

Q: What is your view of RMP's earnings update today and would you continue to hold? Thanks.

Q: Obviously RMP's earnings were not good. Can you please shed some light on how bad their earnings miss was and future prospects in a low price oil environment. Thanks

Q: Hi, could you please provide some commentary into what to what to look for when it comes to listening to the conference calls when earnings are released. I find them to be quite informative but realize the CEO/CFO want to paint the rosiest picture they can, and the questions analysts pose sometimes seem somewhat on the softball side. Any insight to this would be appreciated. As always, thank you all so much for this.

Q: Hello, I see you have had a few questions on this company recently and I too am intrigued with it. I personally am hesitant when any stock is considered expensive and would like to know what you would like to see change in the companies metrics that would make it a bit more palatable. Thank you.

Q: Hi Peter and team,

Patient Home Monitoring is a Canadian company but all or most of the business is in the US. Is the business model stable. Can you kindly let me know about the revenue and profit is stable as well. Is this a good buy because the company stock has triple in the last year. Thanks.

Q: Hello Peter and Team.

I’m an income investor and currently have 27% of my portfolio in cash.

The other 73% is distributed as follows:

US Tech 11%
Oil & Gas 4%
Consumer 8%
Cdn Banks 12%
Utilities 26%
REITs 12%

I’ve been in and out of the Telecoms and think they are somewhat expensive right now. The Cdn Banks on the other hand look like an attractive sector to add to and I can collect the 4% dividend while I wait. I have a full position already in BNS and would like to add Royal and TD. Maybe 6% in each? or should I just stay in cash and wait for a further pullback? I’m worried about the US markets correcting which will just take everything else down with them regardless.

What do you think?

I know I need to work on better diversification but I don’t want to put new money to work just for the sake of diversification as I view this to be a ongoing discipline. Right now the CDN banks are the only thing I see as a strong buy aside from O&G which is interesting but still a little too risky for me to commit new money to vs. the Banks or am I missing something?

Thanks as always for your excellent advice. Scott