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Investment Q&A

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

Q: A bit of a blast to the past....I have held on to Covalon following its dramatic decline. from a long time ago. It has been bumping up in the last while and is now over $2.00. Do you have any insight into why it has been increasing? Any thought about its prospects going forward? Would you want to add to a very small current position? Many thanks for your excellent service.

Read Answer Asked by Leonard on August 31, 2021

Q: The Company has sent out their year end shareholder information for the AGM. I note that three insiders own approx 51% of the Company.

Additionally, the Company has stated that it is reviewing all options and has created a committee to do so.

My question for 5i is, if the three majority shareholders wished to take the Company private, how would that occur, is there a threshold they would need to take it private, and what options are there for a shareholder?

Thanks

Read Answer Asked by Kelly on October 29, 2020

Q: I'm looking for some ideas on how to strengthen my healthcare holdings, which only account for 5% of my portfolio. I have a full position in NVO, half positions in CSH.UN and SIS, and have just started to build a position in the PSCH small cap health care fund. GUD and COV are technically present, but both are losers and small enough to ignore/sell.

Q#1: What additions/changes would you suggest for a retired person who is in pretty solid financial shape (5 year holding horizon, can tolerate some risk, but not aiming to shoot out the lights)?

Q#2: What percentage of the total portfolio would you aim to put in healthcare these days? It seems like there are a lot of developments in this field.

Read Answer Asked by Dave on October 20, 2020

Q: With a 75% loss in the above companies, is it advisable to hold for a five year period for a good return on the present value as the sale proceeds would be quite small.



Read Answer Asked by Thomas on July 27, 2020

Q: Good Morning
I currently have 37 positions spread over 3 accounts(RRSP,TFSA,INVEST). Most if not all are or at one time been in 5iís model portfolios. Many of these are currently at 1.5% or less and although I believe they all have varying levels of potential their current weighting in my overall portfolio will have little impact unless they all go up. I believe I should consolidate the listed group, do you agree and if so which ones would you keep? Proceeds would be added to the remaining names.
Thank you for your continued advice and guidance.
As a side note you advice regarding non action in turbulent times is proof positive. Aside from harvesting some tax losses and buying proxies for a handful of names, my portfolio is now bordering on even for the year.
Publish if you wish

Read Answer Asked by Marty on May 04, 2020

Q: The company said in its last release that they will get their new product tested on live covid-19. Once this is done they will re-release the results for clarification. Assuming it works, should we see another good bump in the stock price. Is it highly likely a larger company will make a deal with them sooner than later because of its urgency or the company themselves could start mass producing it.

Thanks Steve

Read Answer Asked by Steve on April 03, 2020

Q: Apologies for repeating. Take credits freely. Two quick follow-ups to my Covalon querry. 1. I had assumed that the Saudi problems coincided with a Canadian government comment that the Saudis got offended and defensive about, not that it was a problem with COV, but with Saudis. If I remember correctly, the Saudis cancelled all contracts with Canada because of an innocent statement by a government minister. And 2, from what I have read Covid-19 is here to stay, and will return probably each year, and will need to be controlled with a vaccine, somewhat akin to flu (but more serious). We will still need Purell and anything else in the market to stay safe. I'm not trying to defend the company, but just trying to dig a bit deeper in why you don't trust the management anymore, aside from the Saudi issue. Also, the shares are in my TFSA so no tax loss benefit. The volume on the stock has always been very low, so perhaps I should let it go gradually? Again, any further insight would be much appreciated.

Read Answer Asked by Gordon on April 01, 2020