Investment Q&A

Q: In your response this morning to Mike regarding BCI you stated: " Liquidity is an issue however so we would keep that in mind regarding a position size if adding to the name." I would appreciate it if you would explain why liquidity is an issue if I intend to take a position. Thank you.

Q: Do you think this current oil rally is sustainable,I believe seasonally we are coming into a weak time of the year.Do you think because of all the projects around the world that have either been deferred,cancelled or scaled back,do you know of any numbers that would support the fact that the surplus could become a possible shortage due to lack of new barrels coming online and what we be your top oil pick be for growth and dividend regardless of cap size thanks for your great professional service

Q: Hi 5iResearch team,
Could you list companies that are in the light oil space? Which ones would you recommend? Thank you.

Q: I have reviewed prior question responses on PMIF and PMO005. I understand that both should behave similarly (PMIF should have higher return longterm due to lower MER). My question is on the distribution. The distribution yield on PMO005 is about 3-3.5% it appears; the distribution yield on PMIF appears to be smaller and with variations in the distribution from month to month. Do you think this is temporary, as PMIF is relatively new? Do you think overtime, the distributions of PMIF will stabilize and approximate those of PMO005 with a similar yield? If not, why not, if the portfolio composition is the same in each case?

My feeling is that PMIF is 'safer' than high yield bonds such as XHY and preferred shares such as CPD/ZPR, do you agree? I hope to pair this with some VSB as my fixed income allocation. Do you think PMIF is worth the MER of 0.87%? This is for longterm, all-weather hold (irrespective of where interest rates go in the near-term/longterm) for consistent income.

Thank you!

Q: Hi 5i
Sorry if you receive an unfinished question from me as my computer is doing some strange things. I have been looking at MX graph for last year and comparing to share buy backs. The latest increase in share price is coincident with March buybacks as occurred in September as well. Then the price seems to drop off in a bit of a decline. I see that institution selling seems to be in line with this as well. So I guess my question is, should I wait to buy until the share buyback declines.
Regards
Kathy

Q: Could you comment on EGD earnings. With oil and metals seemingly showing signs of a recovery where on the buy sell hold spectrum would you put this?

Q: Hi Group thanks for your advise on the following - Currently own 15% Canadian + US banks+ Pay Pal / Score . Have done well in the past 2 yrs however the profits are slowly but surely eroding (add the Canadian dollar recent strength and the us banks are getting hit pretty hard) My question is due to market + consumer spending+Real estate concerns should I sell off and lock in the profits or do you see another option Thanks

Q: Could you please give a review of this company in terms of free cash flow, debt, dividend pay out and any other metrics that may help in my decision to buy this stock. Thanks.

Q: Hello, thinking of adding ZUB, or ZBK, as just made decent windfall short term gains on energy stocks in days , for the trade. Redeploy cash , Against social media’s commentary worked out many times perfectly so far. Before last Friday banks earnings, the media were full of ” earnings will be huge” then the very next day we’re like “reversals because fully priced in “...” growth concerns “ . . “ yield curve.....” and so on...
so what’s your take? Is it noise or seasonality trading or real concerns , so called smart money moves?
Thanks

Q: This has been under a bit of pressure over the past couple weeks. Is the 10% pullback a buying opportunity, or a red flag? Are you aware of any news? DO you still see it as an attractive long term hold?

Thanks for your help!

Q: Follow up to Maurice. ELF is a portfolio of global public equities with a market value equal to $926/shr net of debt (300 mm of prefs). The other part is Empire Life with a BV of $380 per ELF share and ROEs of 11 - 12% over the past 3 years so probably worth 1.3 times book or $494/ELF share for a total value of $1420 per share. The question is what holdco discount is reasonable because control is not in the market

Q: What is your view on Quarterhill? Does it show any potential for future improvement in price?

Q: Hi there,

I've been out of oil for a few years now. In your opinion is now the time to get back in? Is there legs behind the recent rally? I was looking at Yangarra and Parex - do you prefer one over the other? Or another name entirely?

Thank you!

Q: I seek your thoughts on the following: my portfolio is constructed to a max weighting of 4% per holding. As I am retired I now have a minimum 3% div payout requirement. I am a 30 plus year investor in the markets and not shy on a slightly higher volatility and risk. I have been out of oil and gas totally over the past few years. I am looking at entering a small to mid cap producer. Cardinal certainly meats the div need but I am concerned about its viability to maintain it. Whitecap is around 3.5% yld and I have held it in the past. It is much larger, but which one do you think has the most capital growth from here, and is the most sound investment or would you go into both? thank you

Q: Hello Peter.
What is your opinion on the increasing operations ratio and the labour demands in the context of profitability. Do you think the growth in revenues would absorb the increased costs adequately enough to justify current valuation levels?
Appreciate your opinion as always.

Q: I see members are looking for charts, with a watch list. These may be useful..
Barchart,com, or tmxmoney.com ....
You have Excellent service.!!!

Q: I am looking to park $50000. For six months or so. Would you consider putting into kwh a reasonable thing to do. What is the biggest negative for this stock in this period of time. Everything else in my portfolio is pretty well balanced as to weighting’s and sectors. Many thanks for you our input. Maureen

Q: Any reason for 3% drop on KXS today.The news today is additional data centres in Japan.What is the estimated rev & eps for Q results on May 3? Your short view too.Txs for u usual great services & views

Q: Estimated rev & eps for May .1 Q report.Your view too on the co.Txs for u normal great services & views.

Q: News reports say Takeda is offering $66.20 in cash and stock for SHPG but stock currently trades at $160.16. Am I missing something? Aside from the takeover interest, is SHPG a good buy at this time