Investment Q&A

Q: Hello, can you please provide your input on NetEase current financial position and future growth opportunities. Thank you.

Glen

Q: Re: Garena (SEA) IPO - Hello, I know this is outside the scope. But just wanted your thoughts on this IPO..looks really interesting. Your thoughts on this is much appreciated. How can small Canadian investors get involved with this?should they?

Q: Imaflex issued quarterly numbers this morning that seem impressive. Do you have any thoughts on their results and the company in general?

Q: Good morning

I am currently looking to exchange approx $100,000 US to CDN...however, was wondering if I should wait until the announcement of the US rates in June...do you think it is more or less priced in...also, at this time would you invest in US market and look for more upside prior to conversion...I would make approx 34% on exchange currently, then invest in CDN...no tax issues or allocation concerns...

In addition, where do you see current upside in US (3 stocks) and CDN (3 stocks)...

Thanks..feel free to deduct for additional questions...

Matt

Q: A friend worked at PEO a few years back and mentioned the stock to me at .30 saying in conversation the CEO - who she had a great respect for - suggested he was building this company to a $10.00 share price. After watching the company, I took an initial position, then added to it when 5i came on board. I am overweight now and it continues to rise. I'm curious why he would pick $10.00, would that be a market cap where bidders would step in, an exit point perhaps? I realize you cant read minds, but after seeing companies built and sold, any thoughts here? What would be the main risks with this company?

Q: Is this company a good buy today? To be held indefinitely.

Q: I hear that shares on the IPO are priced at $17- your analysis please. Any dividend and payout ratio?

Q: Responding to Ernie’s question about stock quote software.

I use a program called MSMoney quotes which downloads stock quotes (and currency exchange rates) from most major indexes. The quotes are directly uploaded into MS Money which microsoft has made available for free since they no longer are developing it. I use MS Money to track performance, dividends, and other transactions for stocks spread across 9 different investment accounts. And MS Money allows me to export my stock data into an excel sheet I wrote which performs sector, currency and risk analysis on my entire portfolio.

Hope this helps.

Q: I know US companies are not your area of expertise; however, can I please get your opinion of Gladstone Investment Corp (GAIN).

Thanks

Dave

Q: Can you comment on CIBC's results - I thought they were in line with expectations - steady as she goes. However, the market has not reacted well. What am I missing.

Cheers

Q: There is growing concern by well-respected economists and investment analysts about what appears to be out-of-control government debt - especially in the Western World. Like the 2008-09 mortgage crisis, a time when "nobody saw it coming" (fortunately the online investment program I listen to weekly had me prepared 18 months ahead) most people have their collective heads in the sand once again.

I have no idea what the end game is, but while I was prepared for what was eventually to become known as the Great Recession, I don't know how to prepare myself this time.

I am 70% in dividend growth stocks, 30% cash. I don't plan to sell any stocks but am not putting anymore money in the market at this time. Recessions historically occur about every 8-10 years, and this bull is arguably getting extended.

I've added some gold bullion and a bit of CEF.

I believe you had mentioned, if I'm not mistaken, about keeping under $100K at any given institution to avoid any potential future bank "bail-ins".

What other ways can one diversify?

I realize there are enough "chicken littles" out there that we have to listen to, and am aware of the potential missed opportunities of timing the market. I just want to make sure I protect enough of my assets, as I am only 20 months away from retirement. This kind of prudence has served me well in the past just ahead of the 2000-2001 Tech Wreck and the mentioned housing crisis.

Thanks.

Q: Hi Peter, Ryan, and Team,

As a long-term investor, I've been happy with A&W's performance, but note that John Heinzl in his Globe & Mail column "Stars and Dogs" is now referring to it as a "dog" due to the first decline in same-store sales in four years. Would you stay the course with this stock or look for greener pastures elsewhere? As always, thanks for the valued advice.

Q: Goeasy has just announced a financing for $50 million by way of a convertible debenture. Do you think this would be a good investment to purchase? Why would they issue a debenture and not common stock? What do they need the money for?
Thanks for your help

Q: Can I have your thoughts on the semiconductor industry at present? Is it late in the cycle or plenty of growth ahead in the next year or two? Thank you as always.

Q: I typed these 3 companies into the companies addressed box and none showed up - they are from the US on deck watch list - Take Two (TTWO), SORL AUTOPARTS, GPRK GEO PARK. So I went about it this way to ask about them. Could you give me your opinion about them and is it too late to get into them now? Thanks, Dennis

Q: Helo 5i,

Your opinion please about the new issue of 5.75% convertible unsecured subordinated debentures inside an RRSP for income and safety.

Thanks
Joseph

Q: My portfolio mainly consist of Canadian stocks. I would like to purchase two Canadian ETFs, one with exposure to the US and the other with global exposure. Can you recommend a couple for me at this time? With the Canadian dollar being quite low now, do you think it is better to get hedged ETFs?
Thanks, Paul

Q: What do you think of the convertible deb offering?

Q: It seems like the places to be near and mid term are US and Europe for growth and not Canada for the time being. I have exposure in Canada already with Utility and Financial dividend payers which I will continue to hold, could you recommend your favorite ETFs for some exposure to US, Europe and possible Emerging markets if you like the EM.
Also, could you comment on the "Hedged to CAD" ETFs---It seems to me we trade ETFs like stocks through our brokerage accounts in CAD, so why worry what the ETF managers are doing as far as currency is concerned?

Q: Hi 5i. Trying to improve sector allocations. Currently we have only 3.5% in Industrials.
I am looking at XGI - iShares S&P Global Industrials (CA$ hedged). This ETF has only 1 holding which is EXI - iShares Global Industrials US$ ETF. We are looking at investing CA$ funds and don't wish to convert. Questions :
- Do you think that XGI has sufficient size (current net assets ~$40M) for an investment ?
- Do you know if there is an "un-hedged" version of XGI ?
- Do you think that somewhere between 10 and 15% should be allocated to Industrials ?
- Any other thoughts on a Global Industrials ETF ?

As always, thanks for your help. Much apreciated. T