Investment Q&A

Q: Hello -
In a recent Q&A, your team mentioned that TRP is cheap. It currently has an approximate PE of 30X. Do you see the "E" increasing in the near future to make this ratio look more reasonable? Or from what metric do you see this stock as being inexpensive ?

I also see negative Free Cash flow for the last number of years. Is this concerning?

With growing demand for EV's going forward, how much of a negative impact will this have on ENB and TRP ? Is one slightly more vulnerable to the changeover from ICE to EV than the other?

Thanks.

Q: My portfolio analysis suggests I am underweight in Basic Materials, Consumer Cyclicals, Utilities and Healthcare. I have USD to invest as I am also underweight in the US. Could you give me your 2 best suggestions for overall return (not high-risk) in each of these sectors individually as well as a group. I would also like to know if there are Canadian companies more attractive than your US suggestions in the same sector. Thank you for your help over the years

Q: I asked the question earlier re ATD listed on the TSX being converted to a US share listed on the pink sheets when dual shares were removed. This morning it's back to being Canadian & listed on the TSX so all is well again. It was in a RRIF which made things even stranger.
Dave

Q: While I am 'stocked up' in my industrial sector (TFII, WSP, CN, EIF, ATA, J, TT), I have read that with the CP/KCS merger/buyout and the agreement's dilution of CP shares, the next few days might be a significant opportunity to pickup CP shares. If the share price does drop, would you be a purchaser?

Many thanks for this excellent service.

Q: Hello Peter,
If one of your members wants to donate credits, I am happy to take some of them. There have been many questions on Nuvei, and do apologize for another one. However, my biggest concern is not the short sellers. Regulations take time and there will always be companies looking to profit from potentially fake news or reports. I am more concerned about the firms that are happy to raise money from companies like Nuvei, sell stock to their clients (as we see many analysts from firms having much higher targets for the company prior to short seller), but when a negative report comes out, very few come out and defend the company, especially when the company comes out with a release that their guidance is intact. In some ways, it makes one think whether it is really worth putting monies in high growth companies as when something goes wrong, the retail investor is left holding the bag with less monies than invested. I have two portfolios, one conservative with BAM, banks, costco, etc and other with high growth. The conservative portfolio over a ten year period has done much much better. Please comment on the investment industry on their lack of response (well some did but not to a great extent). Also, can you comment why Enghouse is lower and lower after the company announced a potential sale. I was expecting it would surge slightly. Many thanks for the service over the years and the various questions from the investors.

Q: Negative reaction to Well's update this morning.Please comment. A underperrformer for some time. Txs for u usual great services & view

Q: Strategy question:

I have an unregistered account currently showing a profit, but I do I have a number of loosing stocks in the mix. The unregistered account was built on a home-line of credit so the interest is currently claimable, which is something I'd like to preserve.
My goal is to move funds to my TFSA while maximizing the immediate tax benefit. Am I able to sell the loosing stocks at loss, claim the loss, and move the cash to the TFSA to buy a different equity? Or is it better to just do a trade-in-kind to move my current holding into the TFSA? Do either of these strategies impact my ability to claim the loan interest?

Thanks

Q: What is a good stock to buy for RRSP for a 10 year hold? I am following LSPD right now but also reading the ?'s on TOI. thank you

Q: If I recall correctly, there was a recent question on attractive price to enter for some stocks including Toi($105) Please send this item to me as I cannot locate it.Txs for u usual great services & views

Q: This stock is down today 7.4% after they announced a 24 M $ carbon mitigation contract with USAID . What gives ?

Q: Which industrial stocks or ETFs would you recommend given where we are in this bull market? can you list them in terms of valuation (low to high) and potential for growth (low to high).
thanks

Q: Thank you to everyone at 5i for all your excellent information and patience with many of the questions.

I hope that the many accolades you receive obliterate the criticizers.
Please don't change anything to accommodate the know-it-alls!

I wish you all the best of the season and throughout 2022 and far beyond.

Best Regards

Q: Hi
From earlier question about ATD

The conversion was not completed smoothly.
I was informed, to keep placeholder, Broker used U.S. available version until corrected.
The situation will be rectified over next two days. Maybe even by Friday
Dave

Q: I know no stock is as safe as bonds, cash etc. However based on valuation I think Manulife is a good stock right now based on valuation and dividend. Any red flags when you consider this stock? Thanks Bill

Q: Since both stocks have been hit hard of late - for similar reasons. Which stock would you think has the best chance of short-term recovery and long-term success. I own some NVEI shares but was wondering if it might be good to trigger the loss and replace with LSPD shares if it had a stronger outlook. Or if going a more conservative route - what 3 or 4 stocks would you say have decent growth prospects and good valuations and could pick up a decent amount of shares if have about $5k?

Q: I had a small investment in ATD & when dual shares were done away with I now have the same number of shares but they are US shares listed on the pink sheets. I didn't opt for this & have a couple of questions re the conversion. Is it a good thing that they are US shares? Did this occur for all share holders of ATD? Why didn't I get the Canadian version which is still trading on the TSX? Finally, the US version appears to be quite volatile; is that just the market or is there anything to be concerned about here?
Thanks
Dave

Q: In a recent response (December 7), you ranked COST ahead of WMT. Can you please advise why? Thanks again.

Q: Not a question, just an observation. Evergrande is in the (mainstream) news again this AM Dec 9. Blackrock is being reported as being the second-largest institutional holder of Evergrande shares, and I wondered what impact there might be on my portfolio specifically as regards my holdings in XAW. In looking on Blackrock's site for XAW's holdings, I found that out of total XAW holdings of $3.8 billion, Evergrande accounts for a mere $21 thousand, less than 0.01%.
I haven't looked at other iShares ETF's, but as far as XAW is concerned -- I'm not worried.

Q: Hi,
I own both AEM and KL, both with losses that I can use this year or carry forward.
I could sell one of them and buy the other as one question mentioned today. Which one you recommend I sell to buy the other? Or it does not really matter?
Regards
Rajiv

Q: Can I get your current evaluation of AMRC? In your opinion is it becoming more established or is the risk level still high due to being in a sector that has been hot for the past couple years?