Investment Q&A

Q: Any news to explain the big price increase and high trading volume on Friday ? Thanks a million.

Q: Of which listed names would you be most inclined to start a new position; for growth in TFSA accounts (granted some size difference)?

Q: As of 3pm, market really doesn't like PNG and its earnings. It's down over 8% on heavy volume. Your earlier comments said all is still intact for long term and market probably wouldn't react too harshly. Is this a buy opportunity or is caution warranted? Might there be problems that aren't apparent yet?

Q: Can I have your comments on PNG's earnings please

Q: I have a half position in Kraken in a TFSA. Their PE is high though I see high sales growth this year with several contracts signed this year. Do we have any idea of what the next couple of years may show? Have Kraken give a 3-5 year plan? Do you believe in their chance of continuing at a high rate in the near future? It's easier for a small company to grow fast and not so easy later. Is there so much potential in their sector of activity that they can continue to grow at a fast clip?
Thank you for your analyse.

Yves

Q: For fun, a year from now what order will these stocks be in based on price appreciation, would your answer change if it was a 3 year term?

Q: hi 5i,
I have the above 4 in my TFSA. I am considering selling ATZ ( due to tariff concerns vis a vis Aritzia manufacturing in China/Vietnam/etc. ). I own ATZ in another account and will keep it there. I would deploy the proceeds of a potential ATZ sell in the TFSA to the other 3 remaining equities, or perhaps to another equity if you have any other better suggestions currently ( CDN equities only please ). cheers and thanks, Chris

Q: PNG reported early this morning. Seems good. Can you assess things after call and provide how things shape for the future. Is this a good time to complete a position? What range might the stock be in a year out from now?

Q: Of the small cap stocks listed above which ones are the most seriously negatively impacted by tariffs and could be affected existentially?

Which ones do you feel by the construct of their businesses and segements they compete in will survive ?

Q: Hello 5i,
There have been many negative questions regarding Tariffs and other non-Canadian officials. Wondering if it makes sense to look to those Canadian companies that would benefit from the upcoming April 28, 2025 event results.
Following is my list of questions for you – please feel free to take as many credits as you require since I typically don’t use many.
• The clear winner looks to be BAM/BN/BIP/BEP with the massive housing & project build plans. Some housing build plans look to be well beyond anything the private sector has ever seen. Outside of investing in BAM/BN/BIP/BEP are there any other companies that will experience increased growth rates? Perhaps Canadian Only Lumber Companies, Steel, etc.… Being careful to ensure the industrial carbon tax doesn’t offset any building growth rates.
• Looks like major projects are going to be built to save the country from the tariffs. Assuming these are going to be non-conventional energy would the companies such as BAM/BN/BIP/BEP/WSP, benefit the most? Are there any other companies to start looking at? Perhaps carbon capture companies?
• I wonder if there are any areas of benefactors increasing/decreasing the amount of tax havens in Canada? There are a fair number of mid/small companies that could setup a beneficial tax structure and become more profitable. My experience with setting up offshore structures is that there are setup/dismantle/maintenance costs with Lawyers and Accountants but perhaps other benefactors are investable. Are there any publicly traded Accounting or Legal companies to start watching?
• With proposed additional spend to media companies are there any benefactors? Will BCE benefit from the overall plan? Are there companies worth looking at in the media sector?
• With the additional military spend are there any companies in Canada to invest in? I have a small position in MAL which could benefit from Canada built fighter jets. Is BBD.B a good one to look at?
• After reviewing the proposed firearm buyback pricing list, the overall program looks to be worth ~$2B in 2025 for Canadians. My question is could there be benefactors to this spend? Maybe ~$2B is not enough to stimulate the economy considering the current spending levels but it reminds me of a COVID-like spend bump. Assuming a large portion of the funds will be redistributed back into the economy.
• Health care seems to be getting an increased focus compounded with the buy Canada therefore are there any pure Canadian pharmaceutical/healthcare companies that will benefit? I have a SIS position that I could add to if they are going to be benefactors. Are there any companies that provide safe site vending machines or building structures?

Q: PNG announced a sale a couple of days ago of around $11M. How significant is this? Also, when does PNG next report and what is expected?

Q: Hello 5i Team
I hold these three stock Zdc , png and E in my
RIF account that are about 1.2 % total. With this uncertain market and potential recession would you recommend to sell them for a more defensive stocks.Do they have good potential to recover? I am down on all of them .
Thanks

Q: Hello Team,
Can you please rank the above companies from 1-13 based on which ones you would purchase today, looking for a 2-3 year hold. Thanks.

Q: hi,
just curious as to the sell full DCBO in growth portfolio? March 17 answer to "Andrew" in question section you had it ranked very highly in the list of growth stocks for long term hold?
cheers, Chris

Q: I have done well on all of these stocks but all have had pull backs. Which of these should be held, sold or added to.( I have no need for the cash and none are on margin) Thanks for your help.

Q: Hi,

Can you please comment on Kraken's most recent acquisition from a competitive point of view, ie does this place them more of a leader in their segment or simply adds to their offerings and maybe is more of a one stop shop?
I have owned the stock for about 4 years now and it's become a meaningful position.

Cheers,
Steve

Q: Kraken announced a sizeable order today - $34M. The stock has recently sold off a bit but is up 14% today as of this writing. How material is the order? Was it expected? Have they updated their outlook for 2025? Out of 10, how would you rate the stock as a buy? I'm trying to decide whether to make it a full position.

Q: Follow-up to previous question. When do PNG and WELL next report?

Q: Kraken seems like a very interesting company but I am worried about it's vulnerability to intensified 'buy American' policies, and Trump tariffs. Does it have a moat that could help it deal with these? What is your assessment of overall risk?

Q: When do PNG and WELL next report? What is the consensus growth, earnings and revenue for each? Does 5i agree with consensus and if not, elaborate? Between the two, which one has more price percentage upside?