Investment Q&A

Q: Hi 5i team,
I am getting very close to aligning my portfolio with the Model portfolio, and note that I am overweight in energy stocks. I hold BAD, BDI,BEP.UN, FRC,CVE, ENB, and PEY for a total of 19.8% of my stocks. My tech holdings are at 16.3. Which of my energy stocks would you sell in order for me to better balance my holdings? I plan to redeploy the cash to pick up the model portfolio stocks I don't yet have FSV, CSS, and possibly STZ.

Q: Hi Peter et al: Largo (LGO) is poised to go into production of it vanadium mine in Brazil with Glencore taking all of its production for the next 6 years or so. It is still languishing in the 28 cent range. Once it goes to production will it take a quarter for the price to move up or income will then be known?

Derek

Q: I have purchased stock in TRN in the US, who make rail cars. It is doing well and I will hold on to that. Do you know if any companies in Canada are supplying CNR and CP with railcars and, if so, if you would recommend them?

Q: If you were to rate VET what rating would it have.

PB

Q: Peter

I do not have any pharma in my portfolio. I would like to add some Merus was mentioned on BNN last night and is 10 % already today. Knight Theraputics was also mentioned as a stock to get into the pharma space Could you comment and compare both companies and recomend what to start buying in this space

I am looking for growth and have a 3 to 5 year time horizon

Thanks so much for your great service

Q: Hi Peter and team. I am looking at adding 2 stocks to my TFSA account. I currently own ESL, STN, ACQ, CSU. looking at adding from list, BAD, HCG, CGX, DH. Out of these 4 stocks, which would be top 2? Looking for growth and dividend increases over long term time frame.
Tks Kevin

Q: Peter and Team,

I am in the final throws of my decision to buy some Stella Jones stock. I understand from your report that they essentially profit from constructing some of the hard assets for rail roads (amoung other pressure treated wood products for tel-cos, utilities, etc.).

Focussing in on the rail part a bit, does this mean that they should see increased business for replacement ties, etc. as rail is used more and more heavily for shipping oil? It seems like this could act like a bit of a hedge to exposure to oil pipelines.

It seems like a good business (not sexy) and required business. I'd love your thoughts on what makes this thing grow.

Thanks!

Q: RCI.B is down 3% today on a lowering of estimates by Credit Suisse. I'm not interested in growth, only safety of capital and income. The yield is about 4.3%. Is now a time for a 5% position? I don't have T but will buy BCE on a correction resulting in owning 5% each in BCE and T. Would a 2.5% position in each be better? How about 5% in BCE and no RCI? Thanks.

Q: Hello All, do you know of any ETF specifically targeting:

i) European Utilities and/or Telecoms, and
ii) European Real Estate

Thanks for the help,
Graz

Q: You had suggested that VRX (Valeant) was likely to need new cash, which would mean a new stock issuance, dropping stock price. Given the announcement last night about Allergen, how likely is it now that VRX will need to make a large new offering?

Q: If one was to initiate a position in ATHN <Athena> would this be an opportune time or has the picture changed? I see Q1 EPS being reported lighter than consensus, and the stock sitting on the 200 day MA hasn't had the recent bounce the sector has. Thanks, J.

Q: A pushy question, when do you plan on introducing a growth portfolio.

Thanks

PB

Q: Do you think BXE is fully valued at $10.30 or is it wise to continue holding? Thanks.

Q: Hi team:

One of the speakers on market call (BNN) mentioned that ACQ is in the process of being listed in the TSX 60
I recalled that when BAD went through this process, the demand for this stock went up and the stock price would also go up
Is ACQ being listed for the TSX 60 ? How does a company apply to do that ? your comments would be appreciated, thanks!

Q: Hello 5i team,
Valeant and Pershing Square have made a hostile bid for Allergan. Both the buyer's and the seller's prices are up this morning. But isn't it as likely that Valeant/Pershing-Square will need to sweeten their offer - in which case, why is Valeant up? I had thought that, in general, acquirers' near-term valuations went down (in anticipation of the depletion of treasury and/or dilution of equity.)

Q: Hello 5i team,

On April 11, ESL renewed a "normal course issuer bid" which had been in place for some time. Do you know whether any shares were actually purchased by the company during that period?

Thanks.

Q: Good Morning Peter and Team,
I'm looking for your thoughts on SCR.X (The Score). What do you think of the business in general and what the prospects could be over the next year or two?

Q: I have an RDSP for my middle school aged son. I do not plan on taking any money out of it for many years however, I'd like it to grow in value through conservative investments.
Currently, I have $8937 cash; $5696 in WPK, and $2346 in HR.UN. I'm thinking of selling WPK (just because it's done well). Is that ok?
Also, what do you suggest I purchase, and in what amounts. I'd like holdings that don't require any following up on. Thx.

Q: Good Morning Peter -- and all the 5 I team as well!

I have a general question about how "not" to time the market, and how to exercise the better part of wisdom if one is interested in growth over present dividend yield.

For instance, ... if one holds a fairly decent company, but its sector happens to be out of favour at this time, and hence the stock price is flat lining, or even reversing, would it make sense to pull out that money and re-deploy it into other sectors that are favourable and ride another sector wave for a time -- or is it better to stand and hold, through good times and bad.

It seems counter-intuitive to me to watch dollars erode while other sectors revive and feeling helpless not to participate because cash is already tied up. I see the logic of a long term hold, in one sense, if someone has many years to spend in the investment market. But, in a shorter term context, for instance two years or less, is there any proven statistic that says you're better off standing your ground?

In one general example, as I watch profits erode from the Tech sector while the Energy sector takes fire, is there any point in holding on to tech companies that are flat lining?

In general, I think I know what your answer would be in terms of overall investment strategies. And yet, I still wonder, what your strategy would be as a portfolio manager. Would you hold, through thick and thin, or would you re-assess and re-allocate as each sector takes favour especially given a shorter term horizon?

As ever, I appreciate your thoughts and opinions, as they have guided me very well through thick and thin. Even before the days of signing up to this newsletter, which is coming up to my 6-month anniversary with 5I, I garnered great wisdom and opportunities through watching you on BNN -- ACQ being only one of many opportunities that you led me to! I always listen closely to what you say. Thanks.

Q: What is your view regarding Strategic Oil & Gas(SOG)which trades on TSX Venture exchange - Insiders bought after price dropped over 50%.?