Investment Q&A

Q: Most of my money has been handed over to professionals who have more time to focus on investing and frankly have abetter track record than I do! However I'd like to keep 10-15% of my portfolio as a serious hobby (2 TFSAs and an unregistered account). Thanks to your wise words, I am getting more diversified and now have about 35 stocks (some of which will likely be sold when resources recover a bit). I'd like to add to Healthcare as this is under represented in my portfolio. I currently own some Knight (GUD) and Chartwell (CHS which is only sort of healthcare). Am I correct that of the Canadian healthcare choices, CCT would be your top choice even after the recent run up? Am I also correct that you would view my number of holdings as being at the upper limit for a diversified portfolio?

Thanks for your patient assistance!

Q: I'm wondering if you would consider any of the stocks in either portfolio too expensive at this point to buy new positions in? Some are doing great and have grown so much, and are great to hold in the portfolio, but you may not want to buy new positions at their current prices. Thank you!

Q: Good afternoon Peter and Team:
In considering an investment in this year's TFSA for a 45-year-old long-term investor(at least 10-15 years time frame), GUD is being considered. Looking at the TMX website, it shows a beta of -0.379. What are the implications of such a low correlation to the overall market in a fairly well-balanced portfolio that already holds CLU.C, CXI, DHX.B, FSZ, MDA, VET, and WSP? Would GUD be a good fit for this year's contribution, or do you have any other suggestions? Thanks for your valued advice and fantastic service.

Q: The recent financial results for CAE SEEMED good but the stock dropped considerably,,, Is there something in the report or forward advice that is the cause.. Please give your take on the finances and growth prospects of this enterprise going forward and if this is an opportune time to invest; and perhaps what other company might be 'better' ( more sound, better growth prospects) than this. Also would you consider their business to have a fairly secure "moat"
Thanks

Q: Hello,

Please give me your opinion or a resource on how do you research the management of a company. They say superior management is the key to superior market performance. Sabina Gold and Silver has just hired a new CEO effective February 15th name Bruce McLeod. Can you please advise on the company and new management.

Q: Given that the markets (except for Canada) are near all time highs and appear to be quite stretched, do you feel that it is wise to enter any long positions, even 5i's picks? My instinct tells me that I should be hedging my portfolio and search for short opportunities rather than go long? Any thoughts on this? Thanks so much.

Q: Hi 5i Team,

It's my view that the guys who run this company are pretty darn smart. As you recall the history of Tahoe Silver was that it was started by the former CEO of Goldcorp and purchased its main property from them. Tahoe is at it again recently getting into Gold, with a recent mine purchase. Do you see this as a subtle and shrewd move as buying at a bottom? I was lucky enough to get into Tahoe several years ago at $6/sh based on this same sort of hunch. What do you guys think? Many Thanks again.

Q: Has this Company now become a buying opportunity?

Q: Your thoughts please on how this might pan out. News today that some 300 investors made a ton of money on amaya ahead of the deal. How can this be proven and if so what are the implications for amaya?

Q: Do you feel the news release today will have an effect on the performance going forward. The stock has been lagging for the past few weeks. Can I please have your opinion going forward.
Thanks for your great advice.

Q: Can you advise on Avigilon's next earnings report? Thank you.

Q: Do you think Whole Foods has a strong moat, enough for a long term hold? What do you think about their growth prospects?

Q: I would like to have your opinion about this pharmaceutical company that has just launched an inhaled form of insulin.

Thanks

Q: Which stock out of those you cover do you think has the highest reward to risk ratio right now? I am looking at something to spend my TFSA allowance on for this year.

Q: Your views on the recent sell-off...is Rx a buy, sell or hold at this time?...Thanks, Barrie

Q: Hi- ENB and ALA are doing well but Pembina has been lagging for the last few days. Is it considered higher risk? I am thinking of adding to my position. Thanks

Q: Hi - your thoughts on the financing today - does this make sense at these prices - pretty big chunk for a $700m cap company. Reducing debt, but also cash for acquisitions? thanks

Q: 10:32 AM 2/9/2015

Hello Peter

I was shocked the other day to see your answer to a question on Currency Exchange International CXI in which you say is is an American Company and thus deemed to be a Foreign Investment from CRA's perspective requiring a Form 1135 report. To me it seemed to be just another TSX listed company!

Is there any reliable way to find which TSX listed companies are actually Foreign or do I just have to search for the company corporate head office address and assume a foreign address is the key?

Are all US [and foreign] companies with a TSX listing considered foreign? And are Canadian companies interlisted in New York considered not foreign?

I wish to avoid the tax and dividend complications of foreign ownership.

Thank you.... Paul K

Q: Hi,
Could you please provide an update on your outlook for Aviglon? The stock had a good run lately, do you see more upside potential in short term (long term) or it is time to take profits and switch to another name? I am currently looking for growth, but will have to re-balance portfolio for income when I retire in 3-5 years.
Thanks.

Q: Hi Peter,

Could I have your opinion on Bombardier Pref B ? I have about a 50 % loss if I sold today, don't mind the income but concerned about future down side. Would you sell and move on ?

Thx
Dave