Investment Q&A

Q: Hello Peter and Company. Could I have your thoughts on Flour Corp. I have noticed a slower but continued uptake for it's services as noted in recent awarded contracts. Do you believe this is a attractive price for a company that is still growing? I am also interested in any margin or depletion of cash from the balance sheet you may see.
Thank you Jason

Q: I recently browsed through the 2014 annual report of western forest and was surprised to discover that the native tribes may have a claim on their lands. Do I need to be concerned?

Q: Is this a buying opportunity in Enercare, the stock erased all is gain of 2015 and yield around 6.3%. Seem a bit overdone here, whats your thought.
thanks.

Q: Is there an obvious reason to the drop off in price of PLI in the last month. I've read nothing negative.
Thanks
Jim

Q: Are there any companies in your Income or Balanced portfolios you would be comfortable buying for a three year hold? Or is that too short of a timeframe?

Q: RBC came out with a research note on CSU this morning and a $475 target price (well below market price).

Do you agree, and can you comment on their observations I'm quoting below plse:

"In light of the divergence between Constellation’s current pace of acquisitions and valuation, RBC CM wanted to outline the conditions necessary and scenario for re-acceleration in acquisitions. The analyst believes a reduction in Constellation’s hurdle rate is needed to counter the elevated pricing environment and drive material re-acceleration in acquisitions. In the meantime, RBC CM sees acquisitions below FCF and Constellation deleveraging. RBC CM believes Constellation’s long-term fundamentals remain attractive. However, valuation multiples near the high end of Constellation’s historical range have diverged from its slower pace of M&A. RBC CM’s C$475 target equates to 16x CY16E EV/EBITDA on $519MM CY16E adj. EBITDA."

Thanks

Q: Hi Peter and team, Any reason (other than the expected interest rate hike) for the under performance of FCR? If you still like FCR, what % of portfolio would you recommend?
Thank you very much for all you do to help us.
Silvia

Q: If you had to pick one stock that could possibly replicate CSU's 1,000+% return over the next 5+ yrs, what would that stock be?

Q: Wouuld this be a profitable stock to have in a portfolio.Eddie.

Q: Good morning team 5i. I am in the middle of rebalancing my very well diversified 4 PFs, that is doing well all in all with most of your stock suggestions in your PFs (THANK YOU). I treat them as one PF. Around Apr 23/15, you mentioned that an investor should have no more than 15% to 20% in Small Caps. Around June 16/15 you mentioned Cap Sizes are as follows; SMALL - 75 million to 500 million, MID - 500 mill to 1 Billion, and LARGE -1 Billion and above. Canadian Business Magazine 2015 Special Edition on Pg 127, mentions SMALL 1 Billion or less, MID - 1 to 5 Billion, and LARGE - 5 Billion and up.
Would you please clarify this for me?!! If I follow Can Bus. Mag I am too heavily weighted in small caps!
Also would IWO ETF be considered SMALL or do ETFs fit the consideration of Cap size?

Q: Please comment on Healthcare Special Opportunities Fund spearheaded by Michael Dalsin of Patient Home Monitoring.

Thank You

Q: Am I to understand that ENB drop down asset into ENF would be advantages to ENF ? Will the deal put ENF into better growth position, perhaps be able to increase dividends in the near future?
Many hanks, Joe. P.

Q: At has been written that DHR International could be mounting a takeover bid on Caldwell Partners. What would be a fair price for Caldwell's stock given their revenues in last 12 months exceed $50 million, they have lots of cash on hand with only about 21 million shares out?

Q: Your last post was when CKI was at $9.50 It is now at $12.00
I am up 50%. It pays a decent 3.3% div. Would you buy, sell, or hold at this level. Thanks

Q: Hi 5i,

I owned some Growlife shares in 2015. And did pretty good with a short term investment.

The company vanished (after my exit) and I have now received a request to particiate in a class action suit. I guess they did not tell the truth all the time, or something like that.

I did not hold many shares, so the likely result would be a small amount of money.

My question is, is there danger that there would not be sufficient funds to support the claim process, and I might be called upon to contribute ?

I am OK if this question is public, but I doubt if anybody would be intersted.

Q: The Bombardier preferred shares BBD.PR.C have declined significantly over the past several months. Currently at $16.45 the yield is 9.50%. Is there too much risk associated with this company to own this preferred? Thanks.
Bryan

Q: With Friday's closing price at a 14% discount to the offer from TDG should I load up and buy more?

Q: I currently hold SLW and G each at 2.5 % of my well diversified portfolio. Would you be comfortable now increasing one or the other or both to 4 or 5 % for income and some growth. I am under water 12 and 13 % in each. I also hold First Quantum. Many thanks!

Q: Good morning.

I've currently got 3% of my portfolio in Healthcare (AMGN and PHM split roughly 70/30) and would like to add to bring it up closer to 5%.

Currently thinking of adding more PHM or picking up some GUD but would appreciate your thoughts. This would be in my TFSA, so am comfortable with more risky assets. Maybe you think something different entirely?

Cam.

Q: Wonderful company. Reading their financial statements, however, they are starting to 'speak' less about growth and more about profits, cash flow, dividends. Is there any reasonable work that indicates their market share? Without getting into related/adjacent industries/products do they have any real opportunity to grow left? Thanks for the A+ service!