Investment Q&A

Q: Need to reduce weight in the Industrial sector. Which one would you suggest trimming or selling:

WSP and TFII (13% and 14% Gain)
SIS (33% Loss)

Thank you

Q: My Tfsa has the following three losers (each down by 50%). Are these sell, hold or buy more with new money?
Thank you

Q: Hi 5iResearch
Is there a sector rotation happening now in the market?
If no, do you expect any sector rotation in the foreseeable future?
Unless the answers to both questions are no, can you please identify these sectors (favourable, unfavourable)?
Thank you,

Q: Please commend on these two Consumer Defensive US EFTs – XLP & IYK (iShares US Consumer Staples ETF). If one has to choose one for long term hold, 50/50 balance on growth and yield, which one would you recommend?
Thanks,
Roger

Q: Hello Peter,
Can you please comment on Salona Globals's results yesterday and whether it is good buy at this point ? Also, any idea what drove Greenlane higher yesterday and thoughts about the company ? Can you recommend a good etf for India exposure in canadian dollars and is this a good time to initiate a position in India? Thanks very much.

Q: Happy New year 5I. This is my first question of 2023. DPM had a big pop yesterdday. i guess that the press release about a juicy find in their Serbian property was the reason for the sharp rise in share price (60isb grams over 40 meters sounds pretty good but you ex-Sprott guys should know better than me,) So my questions are: Are those drill results in Serbia as good as they sound to me? and Does a release of good drill results usually lead to sustained strong share price? (My observation is that interest wanes when the next company announces some shiny drill results!) I like DPM for their net cash balance sheet, two profitable mines in Bulgaria, the copper smelter in Namibia, and now this potential in Serbia. I wish they had not invested in the property in Equador but it is too late now. I sold half my postion in DPM. Should I keep the rest and get out now that 52 week share price is near the high point?

Q: I hold convertible debentures from Invesque IVQ.DB.V, maturing 30 Sept of this year, but which are only trading at 80 cents on the dollar. This seems to indicate that there is a substantial risk of default. In your opinion will I get my principal back or will I be given newly-issued and hence highly diluted IVQ shares? Thanks!

Q: How would you rank these. What would the rationale be for the ranking. Housing affordability seems to be a market issue as well as not enough supply. Are these all buys with the macro backdrop?

Q: Hi 5iresearch
I am in a loss position with the above stocks. They represent a very small size of my portfolio. Which ones would have a good chance for recovery in the next 12 months? I am trying to determine which ones I should sell to allocate to other shares with better chances. You can give %s for their recovery in the next 12 months.
Thank you

Q: Hello. Can I have your thoughts on this company, it’s growth profile, insider ownership, leverage to gold price and the sustainability of its dividend? Does Eric Sprott still own a bunch?

Q: Hello Peter & Team,

With global liquid fuels production expected to increase by over a million barrels per day in both 2023 & 24, would you be bullish on new positions in the O&G sector. And if so, which would be your recommended name(s) based on growth with some dividend?
I am considering BTE & CNQ.

Thanks for all you do?

Gord

Q: BNN guest just mentioned Osisko Gold Royalties is trading close to a 60% NAV discount & widest historical spread. What do you have as the discount and other metrics? Is this a good buy for Gold? Holding full position in BTO, sold DNG due to Peru risk.

Q: WSP has been a strong performing investment and a long time favorite, both for 5I and for me. The current P/B is over 3.6, and while it has historically had a higher than average P/E, it currently shows a P/E of 46.

Do you believe these matrices show it is as becoming over valued?

Also, the Price to Cash Flow is 28.1 while Price to Free Cash Flow is -8.60. Can you please explain what these matrices reflect for companies in general, and how do you see what seems to be a significant difference in these measures?

Thank you for your excellent service.

Q: Please recommend four industrial sector EFTs, one for each of Canada, USA, International, & emergent market, to invest with an about equal good balance of growth and dividends, for say 5 years and up.
Thank you,
Roger

Q: What would be your top 10 Canadian and US value equities for 2023? Appreciate the work you do. Thanks. Rick

Q: In many cases buying the top 3-5 stocks of an index gives a better end result than the whole index since you don't have to drag the less performing.
1-Do see the same apply to the S&P500?
2-In a 3% (normal?) fed rate what is the normal multiple for the S&P500?
3-What is the current forward PE for the S&P500?
4-How does this apply when the top 5 holdings are technology with higher multiples than the banks and oil companies?
Many questions but one goal, trying to put the dry powder in an optimal manner.

Thank you

Yves

Q: Hi Folks, about the NCIB. Has there ever been any research done on what affect an NCIB has on the share price and overall financial health of the company. Thanks for considering this.

Q: Hello. Thoughts on both? Which do you prefer if one is really only seeking stable income?

Q: Hi 5i Team. Can o get your general thoughts on these companies and, specifically, the sustainability of their dividends? At what commodity price points do their respective dividends get dicey? Thank you!

Q: Can you recommend 3-5 choices for an RRSP investment. Can you confirm that one would generally choose less speculative investments or less risky investments within an RRSP, as one can not "harvest" a tax loss within an RRSP