Investment Q&A

Q: hi,
I was reading questions/answers this am. I noticed "John" today asked what to do with 4 equities that are down right now (AQN,Alaris, cargo jet,goeasy). I agree these seem like holds or buys right now. however, I am guessing John was looking for dividend payers with some growth(opposed to high growth, perhaps more speculative stocks), to swap with his current 4 (3,2,1??) equities he has at loss. he is retired. I am in a similar position, and would like your thoughts on potential dividend payers with some growth ( ie capital gains keeping up with inflation, at least ). cheers, chris

Q: What are the differences between IWO and IWR?

Thanks

Q: Is BCE a buying opportunity at the current price and dividend yield over 6.5%. I assume the dividend is secure?

Q: Any concerns with BCE’s payout ratio being over 100%? TD’s analyst downgraded the stock last week as he noted that the Street has overlooked BCE’s cash costs related to the payment and servicing of capital losses. As a result, they lowered the FCF estimate by $550M which dramatically increases the payout ratio for 2023E to 148%, versus 119% previously. They note they see no near- to medium-term prospect for the payout ratio to get below 100% if BCE keeps raising the dividend 5% per year.

Q: what does the market expect from ENGH next week?

Thx

Q: After reading the questions and answers about the new offering csu has made to share holders. I am still a little confused. Do I have an option to buy? Are they shares? How much will they be? Should I buy them? Will I be able to sell them? Why are they being offered? Thanks I really appreciate your insight
Stephen

Q: Hi 5i team:

So today (Sept 1st) there was economic news on a slight contraction to Canadian GDP and the TSX rocketed up, presumably on assumptions about the implications for interest rates. I know you have mentioned in the past that by the time a recession is officially declared we are probably well on the way to being out of it. I’m assuming that the “smart money” probably has more subtle indicators that they watch that probably don’t necessarily make the daily mainstream headlines? Curious if anything maybe below the average investor’s radar has caught your attention of late that has caused you go “huh” with regards to the market (I have learned to appreciate your insights over the years). Thanks,

Q: I am down 32% in BEP.un (TFSA) and am thinking of switching to GSY (is it too late?) or ENB or QSR or PPL. I also own BN and BIP. Any suggestions?
Many thanks.
Connie

Q: hi,
can I get your thoughts on Alaris re recent news on partnership arrangement with Shipyard?
are you comfortable holding AD.UN right now and into the years ahead?
cheers, chris

Q: Follow-up questions. - Do you suggest P/E below is considered a value stock? If not please give us what is considered as value P/E.

The current forward P/E for each sector is:

Materials: 17.4X
Real Estate: 28.2X
Financial: 13.4X
Services: 16.5X
Discretionary: 24.4X
Utilities: 16.1X
Energy: 11.6X
Health: 17.5X
Staples: 19.4X
Industrial: 18.2X
Technology: 25.5X

Thanks for the great service

Q: Wts constellation software 20 shares, 0 value appears in my account….. can you please enlighten me….

Q: Your opinion on WTS-constellation 31MAR40. Thank you. Fooklin

Q: Did Coliseum "engineer" any changes to senior management in exchange for the cash infusion? I assume they now have seats on the Board Of Directors.
Thanks,
Jim

Q: Hi 5i,
In response to a question of mine and questions from others over the past few months you have pretty uniformly rated GXE a hold - partially I think on the premise that the damage has been done. I am holding and I'm content to continue for a while.
I wonder though - given its small size and present earnings of - $52M - is there enough money there to justify it continuing as a public company, especially one that is shoveling money out the door every month in the form of dividend payments?
In the past year (and possibly for longer)Twin Peaks Capital LLC has been buying up GXE shares pretty regularly, and today it owns 2.51% of the company (6.5 million shares worth $5.7 million at todays prices). Insiders have also been buying.
Why would a business like Twin Peaks Capital LLC buy so heavily into a little public company like GXE - how does it expect to get a return on its investment? Capital appreciation seems unlikely. Is it just cashing dividends, or might it be getting ready to take it over itself or, alternatively, might it be trying to ensure it has a large and therefore profitable position when someone else takes out GXE?
Thanks 5i - I look forward to a better understanding of what might be going on.
Peter

Q: If a person was looking at income with some growth, long term would you prefer FIE or another financial ETF or one or more banks. If banks, which are your top choices.

Q: Everyone, what are the main risks with LMN and is the company managing those risks. Clayton

Q: I am reviewing my portfolio and realized that XEI has grown to be about 20% of my annual income earned from my investments. If it was an individual stock I would be concerned and divest some of it. As an ETF should I still be concerned? I am retired and have no work pension.

Q: Lots has been made of Buy with Prime on Shopify. Markets certainly liked it. I came across the attached article that is quite revealing, if all is factual (no reason to believe not). Can we get your thoughts on how things unfolded? Are there any negatives, or things to be wary, for Shop getting more involved with Amazon. How important is Buy with Prime to SHOP?

https://www.businessinsider.com/inside-clash-between-amazon-shopify-over-buy-with-prime-2023-9

Q: Thoughts on BIR. I was thinking of buying more, but I believe the current dividend is not sustainable without incurring more debt, so do you think they will reduce it until NG prices pick up? If so, will the price drop, or do you think the possibility is already priced in? Is their balance sheet good? And finally, what are their reserves like? Thanks!

Q: Do you feel these companies can become long term compounders? If so, which company do you feel has the better prospects of becoming a long term compounder?