Investment Q&A

Q: What to you consider the long term consequences of the Democrats now having control of the Senate and House of Representatives with regards to prospects for Enbridge? Of immediate concern is the rumoured pending announcement by Biden to cancel the XL pipeline in an effort to appease the left leaning members of his party.

Q: BAM.A is now trading at $49+ , has the stock recovered to the pre-pandemic levels OR do you think that it still has upside.

Also at this point, would airline stocks be better or the cruise lines, which has more upside ?

My strategy is to buy airline/cruise stocks now....sell in 1-3 years and then move that money to something like BAM.... what do you think of this?

Thanks

Q: Hi Folks,

I am an income investor whose portfolio has fallen out of balance.

I need to increase weights in Basic Materials, Consumer Cyclical, Consumer Defensive, Healthcare, Industrials and Tech..

I am also light on U.S and International holdings.

Please provide some income suggestions for these industries and within these regions.

Thanks very much.

Q: Anyone know if you can buy in a TSFA or
RRSP

Q: Hi group what pet related stock do you like best in this environment ?thanks

Q: Immersion Corp (IMMR) and Magnite Inc. (MGNI). It's a good time to buy for long term hold.

Thanks,

Q: What are your toughts on vqs? You didnt comment for awhile. They had earnings, they raised money and graduated to tsx since last comment.

I think larger institutions started to invest in and was wondering if i should let it run, sell or retire capital and only let run my profit.

Q: GE’s Haliade-X is in the news. Could you tell me what percent of the company the wind turbine business represents. And if your beginning to look at the company once again as a turn around?

Q: What does 5i think about Destiny Media's results. For a smaller company they are very profitably with high margins and cash is building.

Q: I would appreciate an updated view on Cematrix. Thanks!

Q: Comments on SIS, please.
I see the x div date is Dec 30, when is the next one? I'm think of taking some gains and maybe picking it back up when it gets boring again.

Q: I don't have a US dollar trading account, but BMO Investorline allows me to buy and settle in US dollars in my RRSP account. I have some US dollars built up now and intend to buy/settle US Companies in $US. Do you see any problems arises from this?

thanks,

Paul

Q: Thanks for your aswer for WIR :" historical tax allocation has been 40% foreign non business income and 60% return of capital (ROC). ROC is included in the distribution and is not a separate payout. There certainly is no Canadian dividend tax credit. We would be fine with this in a cash account. With the ROC component, this shifts a portion of income to capital gains tax treatment, as this portion lowers the ACB of the investment. In an "RRSP from a tax perspective the currency of the account does not matter: there is no withholding tax in the RRSP. But since distributions are paid in US funds, holding in a US dollar account will save on f/x conversion fees. #5 They are the same thing, one trades in Canadian dollars. There is no advantage of one vs the other."
Does this means that: 1) I should ask for the tax credit for the 15% US tax ? and 2) most important thing ,will be the income tax (T5) be automatically calculated ONLY on approximatively 40% of the total year distribution, and not on the entire distribution ? 3)nb: I notice in my account that the 15% US tax is calculated on all the distribution and not just the dividend ! normal ?
In such case it is OK to keep in in my non registerd account as you mentionned !

Q: Hi Team,
I have become interested in CELH, as I have seen you mention it several times as a US small cap favorite. Unfortunately I have just been watching it "run away" from me as it continues to rocket higher daily it seems. I was wondering if you could elaborate a bit more on what you like about the company, growth expectations and potential, catalysts, and if the share price rise seen this year is justifiable? ($3 - $65 seems a bit crazy!) From what I have read off the website its technology in being able to burn fat seems quite intriguing. I am now tempted to go and try it myself. Do you know if it is being sold at various locations across Canada or just online? Thanks for your input.

Q: Hi 5is,
Any insight on why SIS is up so much today? Is it a buy, sell or hold at this price? thanks

Martin

Q: Hello, I am currently rebalancing my portfolio and would like to exit a position in Financials to increase in other underallocated sectors. To help with my research, how would you rank MFC and GWO for a longer term hold (e.g. RRSP) and any other attributes/parameters that are important to look at?

Thanks for all you do?

Q: What did 5i think about Caldwell Partners Q1 results. It looked strong with a good outlook. I get the impression that Caldwell is going into a new direction with their recent acquisition which included talent software technology which my attract more investor attention and allow the stock to trade at a higher revenue multiple rather than only 30%-40% of revenues which it has traded at in the past. With the acquisition their revenue run rate is about c$90 million, not really small anymore. Your thoughts?

Q: What does this company do? Insider ownership? Cash levels?

Q: Why is there such a large discrepancy between these two royalty company share price performance over the last year? MTA revenues seem like they are abysmal (and look like they declined?) while MMX revenues increased significantly (~30%). Would a lateral move from MTA to MMX be a good idea at this time?

Q: Your thoughts on Goldhaven please.Thanks.