Investment Q&A

Q: Greetings, everyone.

Am I reading/interpreting this correctly? Hormel purchased Applegate Farms for $775 million. Applegate Farms is expected to have sales of $340 million in 2015 (as referenced in yesterday's press release).

High Liner Foods had sales of over 1 billion in 2014 and 310 million in Q1 2015 and has a market cap of $733 million. So, to me, it looks like Hormel purchased Applegate Farms for more than the marketcap of High Liner, and High Liner is trending to generate more than 3x the sales of Applegate.

Am I looking at this correctly?

Thanks, again.

John

Q: Hi Peter,
As sun life has increased it's exposure to the equity markets via it's new partnership with Qtrade-if equity markets drop and even if interest rates are rising at the same time-will the equity partnership be a drag on the price of the stock

Q: AYA is listing on the Nasdaq. Market likes the idea and the timeline seems impressive. A few questions: Where will the shares come from to do an listing like this? How will the ETF's manage to get enough shares without blowing out the cost? Do you have any other observations to make on ay effect this will have?

TIA

Q: Is this a good entry point for Crescent Point? Tx

Q: Hi Peter,

You mentioned in an earlier question that BAM.A is likely to have a tough year earnings-wise. Can you please elaborate? I was under the impression that it has good growth potential and is an very strong company. Would you recommend holding it? Or is there a better place to put my money? I purchased it close to the high last month, so I'm a bit underwater on it.

Thanks,

Jordan

Q: hello 5i team. Since your last comments on BABA, the stock has lost some of its momentum. I'm wondering how you view the stock currently. As a play on China (it would be my only holding), could this company be like an "Apple" proxy pointing the way to China's growing influence. I know you would probably prefer an ETF as a safer play, but I'm looking for a more growth potential approach. Any other suggestions are appreciated. Thankyou

Q: This company has filed w SEC to issue a stock on Nasdaq. Can you comment on this company and the valuation implied with this IPO.

Q: Very pleased with the growth portfolio over less than two months. Great work.
The Fed indicated today that rates might rise in September. What small cap Canadian companies might be worth investing in now as potential beneficiaries?
Thank you.
Alex

Q: Peter and His Wonder Team
I realize you are "wary" of this stock and it does not qualify for your watch list. However I am wondering if it might be a reasonable 'contrarian play'...please give me your current assessment of Transat.I realize they are near multi year lows, stiff competition and the USD. I am looking for a strong balance sheet, good management and an indication that the company has made adjustments which gives it a better prognosis.
Thanks in advance for your prompt and enlightening perspectives!
Dr.Ernest Rivait

Q: In a conservative mood a few years ago, and with a high Canadian dollar, we loaded up on consumer staples stocks. Now, we are thinking of lightening up and putting the money into another sector. We are having difficulty deciding which one to hold and which ones to sell, amongst Conagra, Campbell's Soup and General Mills. We have good profits in them all and they are in our RRSP. Can you give us an idea of how one would approach this and what criteria would be important and ultimately, which ones to hold and which to sell?
thanks

Q: My semi retired brother has no income except OAS and a small CPP and essentially no assets except approximately $50,000 from our mother's assets following her death. He lives extremely modestly in his own home so needs very little month to month but has asked for my help in structuring a relatively safe portfolio from the $50,000 that will grow modestly with time while providing dividend income. I tried to develop a list with fairly low PE's, potential growth, good dividends, some diversification and some international exposure. From your list of stocks plus my own thinking I have come up with the following: Scotia Bank (BNS), Bell Canada (BCE), MacDonald Dettweiler (MDA), Power Financial (PWF), Sunlife (SLF), Boardwalk Reit (BEI.UN), Chartwell (CSH.UN), and TransCanada (TRP). There are only 8 in the list and I would prefer 10. Can you please comment on and add to my list and possibly suggest alternates (for example I struggled with TRP instead of Enbridge but opted for TRP because of higher dividends and lower PE understanding that ENB could have higher revenue growth). I considered Dream Global Reit (DRG.UN) but felt there must be a problem when the PE is very low and the dividend is very high. I very much value your opinion.

Q: Hello Team,
What were you impressions following todays conference call-particularly regarding the possibility of circumventing Fx costs in International trade when payments are made in Bitgold.It would appear that it would provide a gigantic competitive edge to the platform.Any other thoughts in considering this novel business.Andrew

Q: I would like to get you opinion on NTG Clarity for a microcap investment. They highlighted that they anticipate record q1 revenue and as far as I can tell the company trades fairly cheap. Within in the context of a microcap investment and the risks associated with them, is this a good entry point? Thanks

Q: why is there so much insider selling in BRCM ?

Q: Good Afternoon Folks,

Would you be kind enough to update me on your views on mvn?

Dennis

Q: I'm going through your growth portfolio, what about Guestlogix makes you think they are a longer term growth stock.

Q: With the most recent disappointing quarter, can you see much downside risk, compared to upside potential over the next few years with Avigilon, thanks?

Q: Hi Peter/group
I own the following health care stocks
- CXR
- MSL
- PHM
- XLV
- GUD
Recently I sold Catamaran (CCT)and on your recommendation I purchased CXR unfortunately it has gone down 15% in a month my question is take the loss and sell or?...Thanks for your thoughts... PS CXR seems to be getting especially hit hard as it is up substantially this year

Q: Hello9 Peter & Co,
Having no exposure to Lifecos, I'm debating between SLF and MFC; why has SLF (in your portfolio)so badly underperformed in 2015 ytd?
Thanks,
Antoine

Q: Hi Peter,
I was wondering if you had a simple explanation for market activity on days like this. If we believe Bloomberg, it seems that some slightly better economic news has prompted this sudden plunge in the market on fears of rate hikes. I'm trying to understand why this would cause anyone to sell, and what exactly they expect to happen? Do people sell all their stocks and then decide to just wait however many months it will take for a quarter percent rate hike to get back into the market? Is there some kind of expected gain here? Its not like the likelihood of rate hikes ought to be any kind of surprise anyway, so why are people pressing sell on everything?