skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Comments in a Globe article this morning:

The valuation retreated to 7.3 before the government issued its final decision and has since fallen even more with Thursday’s selloff. But some analysts believe that if Aecon’s EV/EBITDA multiple, based on estimates for 2019 earnings, stays in line with its peers in the construction sector, the shares should be worth considerably more.

The logic of the company being worth $20+ if the Chinese were willing to pay it then and the backlog has improved makes sense to me. Do you agree and is it an attractive buy given the huge drop?
Read Answer Asked by Tim on May 25, 2018
Q: Looking into RRIF s. When one converts RRSP to a RRIF, is it as easy to transfer between brokers or are there some built in downfalls one should avoid? My concern is being stuck with a firm one lose confidence or faith in.
Read Answer Asked by david on May 25, 2018
Q: I have a small position in PHO. This is my only position in tech. Is it a wise move to invest in the tech space at this time, if so do you have a suggestion.
Read Answer Asked by Roy on May 25, 2018
Q: I can’t speak for other subscribers, but I would say mr Modesto hit it out of the ballpark yet again on bnn today. Unlike a lot of these so called professional stock pickers on tv, I would take Modesto’s and hodson’s advice any day of the week over the rest of them. Keep up the honest work boys!

Thank you
Mark
Read Answer Asked by Mark on May 25, 2018
Q: Market linked GICs are generally viewed quite negatively. However, I am interested in them in two specific ways. First and more generally as a substitue for the bond portion of your portfolio are they really all that bad? Secondly and this is more specific. If you had money in a child's RESP and needed it in 3 to 5 years, and presuming that it is enough to cover basic expenses and safety is paramount, would it not be a resonable place to park the money?

Thank-you.
Read Answer Asked by Alex on May 25, 2018
Q: I have ccl.b at 3% of PF. Would you add a like amount of tcl.a or initiate a position in atd.b? Conservative investor, balanced PF.
Thank you.
Read Answer Asked by Geoffrey on May 25, 2018
Q: I'm opening a new TFSA account. What 5 stocks would you recommend for a 10+ year investment today, emphasis on growth.
Read Answer Asked by John on May 25, 2018
Q: My question is about addition of cash to the balance sheet with out dilution. I have the above mentioned company in my risk portion of my portfolio. They seem to be on to a novel way to fund their mine in the form of a stream but with the help of an security token offering. so my question is if they are successful and add say $10,000,000 to the balance sheet, what should that do to the stock price. I would appreciate your insights. And any additional observations on the company as a whole.
Read Answer Asked by Todd on May 25, 2018
Q: Hi 5I folks,
Thanks for a year + of perspective, insight and consistency on your approach to reporting and questions which I read almost daily.
When I decided 4 years ago to address the overwhelming position of TD stock in my portfolio (2/3), diversifying was the goal.
It was ok at the beginning but 2 years into it I was in need of some help – 5I to the rescue . TD position was growing faster than I could diversify –so it felt.
In any case I’m now on my last batch of TD to divest (13% of the portfolio), a bit of cash in the accounts (4%) and a bit of a dilemma on what to add to and if I should move from 3% to 4% the investment total for individual positions. I don’t mind having 30 + stocks all the time to deal with but I can see that may not be the case in the future. My horizon is long but with a 2/3 year scenario where I may need to switch to a more Income oriented portfolio. For now I’m comfortable with the balance. I have 50% larger cap, 25% mid to small cap, 20% dividend and 5% in speculative stocks. Normally I buy 1% at a time (one quarter reporting in between purchases).
From this list could you identify any that should be excluded or maybe does not need to be owned ? DIV and GS can wait in my perspective - best to pick from others listed?. It looks like I have 17 1% positions I can add.

WSP, OTEX, SIS, SLF, BAM.A, TSGI – 3% to 4% currently (add 1%)
ATD.B, GSY, FIH.U – 2%-3% currently - (add 1-2%)
GS, ECN, CAE – 1-2% currently – (add 1%-2%)
KXS, PBH, DIV, ET, TCN, AIF, - at 1% (add 1%)

Appreciate your suggestions and comments.
Regards.

Read Answer Asked by Vitor on May 25, 2018
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!