Investment Q&A

Q: One of my investing mistakes I’ve made in the past is selling my winners too early. For example, I purchased Shopify at $30 and sold it at about $125. Never in my dreams did I think it would be as high as it is today - the largest company (by market cap) in Canada today. I always thought to myself: “how high could this really go? Isn’t is really expensive!?!”. I still don’t understand why Shopify is valued the way it is, but nevertheless I missed out and I don’t know how often these 30x baggers comes in one’s lifetime.

I now find myself in a similar position with Kinaxis. Thank you to 5i for the recommendation and I am up over 300% on this. I find myself asking similar questions - is it expensive? How high could this stock possibly go? Could it be another Shopify?

I know you like the stock, but is the move in the past few months sustainable? Do you think once the Covid crisis settles down, will the stock price comes down as well? Could this be another 10 bagger (or more)?

On a side note - how often do these 10x (or more) stocks come along in ones investing lifetime?

Thank you for this awesome service. I’ve learned so much for following (and not following) your advice.

Q: Ballard took off like a bang back in january, now this stock has been in the $13.00 to $14.00 range. What would be your thought on this stock can you see potential growth in the next year or so to where it was back in january.

Q: Hi Peter and Staff
In a basket of industrial stocks in your portfolios, consisting of NFI, ATA,PEO,GDI and XBC how would you allocate your $ % wise amongst the five going forward total returns dividends and stock gains also BAD
Thanks for all you do
Dennis

Q: Thank you for answering my question today, regarding which of some laggard stocks you would hold, sell or add to. But it seems you addressed "KBLT" instead of KBL (K-bro Linen). Would KBL be a hold, sell or buy? (Make this 'private' if you wish.) Thanks.

Q: In a portfolio where the priorities are capital preservation and some income, these 7 equities represent about 45% of the total value. The other 55% is in sadly low paying GICs. The TOU is a left over from more positive times with a very small weight and kept with a hope for natural gas. The other 6 have weights of about 3% (TD) to 10% (BCE). My question is about how these would hold up if we had a very significant downturn with re-test to recent lows (or lower) with a much more prolonged recovery; do these stocks have some resilience? Are the balance sheets sufficiently secure to see less of an negative impact? Is there sufficient diversification with these holdings? Thanks for your excellent service.

Q: Just read your Company Updates and wondering if you could expand on the new public company CSU is starting with the TSS Group and Topicus.
Who is TSS?
Will CSU management be involved?
When will this start and will there be an IPO?
How different will it be from CSU and is this the first kind of venture like this for CSU and why are they dong this?
Thanks
Jeff

Q: Hi,
TC Energy has already been hurt by Joe Biden’s promise to close Keystone XL. Unfortunately, we have held the stock For 20 years in a DRIP and I fear that the share price is at its greatest peril.
This was such an enormous cost for the company, I think survival becomes an issue , but certainly loss of value for years to come. What is your advice ?

Q: For a one year growth which one of these companies would you say has greater potential. Growth only

Q: Hi, is there any sign we small investor can detect ahead of companies doing finance instead of waking up next day price dropping ? thanks for your great works.

Q: What % weighting would you reccomend in
Banks?
Life insurance companies?

Q: Given whats happening in the US senate now would you dispose of any holdings of BABA, GDS, MOMO, etc?

Re the delisting issue.

Your urgent response would be appreciated.

Thanks

Sheldon

Q: These two companies do not have an American listing. Do you think eventually they will list on Nasdaq? is there a certain sales level needed? if so how close are both companies to that level,.

Q: I notice on Cp24 that Consolidated Software 1 Flt over the past couple of weeks is trading in the $125 to $130 range. .Unable to get any info on the internet. What relation is it to Csu ?

Q: After the Sino Forest debacle we were told that the books were not easily checked because it was a foreign company. Is that a fact?
Also Mad Money Cramer at one point said never buy a Chinese company, are the requirements for a foreign company as far as reporting and being audited different then for a US company or a Canadian company?

thanks for the great service, Jean

Q: I sense that your positivity toward CAE has become somewhat muted. In response to their quarterly report, you stated their "future looks highly uncertain" and that currently, TFII might be the better industrial sector choice. I don't want to parse your every word but I am wondering if you have more concern for CAE now than you did two weeks ago, for example? Is CAE best looked at as a value play and in that context, a good choice for a long term hold?

Appreciate your insight.

Paul F.

Q: Bought Absolute Software and Park Lawn in March, up 42% and 26% respectively. Both about 1.5% of overall portfolio. Any reason to take profits now or just let them ride?

Q: Why has MFC not held up as well as SLF in the current circumstances/

Q: SCL’s 52 week high of $18.89 occurred end of Q1 2019 and its prospects looked good for next 2 years, however it has since lost 85% of its value. Is there a potential/likely condition that would cause a bounce back or would you sell now and accept the loss?

Q: I currently both both the above at 7% and 5.5% of portfolio - up 58% and 38% resp. in the recent past (thanks for your advice). Hold or reduce? I am fairly risk-tolerant but I see the dreaded word euphoria in your recent comments. Thanks Jim

Q: What are your current thoughts on the purchase by cineworld?