Investment Q&A

Q: Happy new year! I was hopping to get your opinion on BXE as oil prices continue to be going lower. Whether it would be a buy, sell or hold? If the sector recovers, will this name be possibly still around? Thanks.Lin

Q: REITS on both sides of the border have been performing well lately.Can you offer an explanation for this performance and would it be advantageous to allocate funds to this sector at this time. Thanks. Joe

Q: I like the theme of seniors' care for the long term. I have a small position (<3%) of CSH.UN in my TFSA and it has done well over the last couple of years. Would you add to this or sell it and replace it with a different name in the same space. (I also have a bit of KMP and some D.Un in non-registered accounts, in case other REIT holdings might influence your comments.)

Thanks for your help - I've been with you since almost the beginning and I love your service!

Q: Hi Guys,

Could I get your opinion on GH at this time. I realize the price of oil has an affect on every stock in the world but has it affected GH more than it should?

You last did a report on GH in Sept 2013. Don't you think every company should be reviewed at least 1 time in the year? If you can't do this then may I suggest you are following too many stocks for the manpower you have and therefore should cut down you stock list. A second alternative would be to stop answering so many repetitive questions from members.

Thanks
John

Q: td has been slapped pretty hard in the last few days, is this an entry point? I am looking to generate long term income. I am very interested in any suggestions you might have for stable income generation....THANKS

Q: I have been watching this company with a view of share purchase because I think that animal feed is a pretty high need product and not a lot of competition. I worry that the stock trades very little, i.e. quite illiquid. Is illiquity something to be very concerned about, and if so why?. What is 5i's view of the company especially in difficult times which seems to be what is ahead of us. Thanks so much

Q: The gold sector is rallying hard for the last couple of days. Can you offer any comment why, and also AR seems to be outperforming the rest of the gold sector, any idea why?

Happy New Year
Darcy

Q: I have one healthcare stock at present (CXR), and would like to add a second. Would you favor one of the following or make a different selection: RX, CRH, PHM ? Thank you.

Q: The market has now pushed SGY to a 20% dividend yield. Have any of the compnay fundamentals changed or is this just the ongoing energy sector crash? Do you have any guesstimate as to how much a dividend cut might be and do you think the stock will rebound a bit after the cut, independent of the status of oil price?
Thanks again! John

Q: When can i buy a company back that i sold for a loss. I sold it on the 17 of dec and the settlement day was dec 22. thanks

Q: Morning or should I say mourning ... although I am expecting a large dividend cut can you tell me if Surges stock price could actually go under $2 and if the company is strong enough to withstand this pounding?? Is it a takeover candidate? Thanks as always.

Q: I know 5i isn't about the charts or predicting price movements, but the chart of Silver Wheaton SLW from April 2013 to today is shockingly symmetrical. I'm no expert on charts but one would think there's something meaningful in the pattern. The question is, "What happens to the pattern from here?" If the symmetry continues, and looking at a two year chart, the stock is setting up for huge burst to the upside. Any thoughts?

Q: I respect the opinion of David Rosenberg at GS as an astute macro economic observer. He is quoted in the National Post saying "Eurozone financials, meanwhile, are much cheaper after severely lagging in 2014. As a result, the strategist thinks the group has more upside potential than downside risk since some trade at single-digit multiples.

He also pointed out that European stocks as a whole offer a 3.7% dividend yield, compared to below-60-basis-point yields on German 10-year bunds.

“The ECB has no choice but to get more aggressive so the euro remains vulnerable, but that should be positive for large cap exporters,” Mr. Rosenberg said.

It's hard to believe European stocks as a whole offer a 3.7% dividend, so he may be referring to Eurozone financials here. What ETF or other way of investing would you suggest if one wanted to follow his advice to get this kind of yield? Thanks, J.

Q: How will increasing rates affect the distribution of this fund? I recognize that the stock price will likely get hit further, but shouldn't the dividend be safe or even have potential to increase as they roll over loans at higher rates? I have held for about 18 months, and am just up slightly taking into account dividends. Would you continue to hold, if holding for income only? Do you view this stock as more equity or more fixed income?

Thanks

Q: BDI seems to be settling down somewhat after recent severe weakness. Do you think it is advisable to dip a toe in the water on this name in a TFSA? Realizing that patience will be required and more volatility may follow of course.

Q: Could I have your opinion of PLUG now that it has declined a fair amount since your last report. It signed a new contract today. Do you see much growth in the future? Thanks

Q: what is your opinion on the neulion acquisition, the issuance of stock and debt and the fact that the ceo of dix will become ceo of neulion. dave

Q: Peter, can I please get your thoughts on MIC and Google as long-term holds? Thank you.

Q: Yesterday, reports from different sources started coming out saying that canadian auto sales are doing great. Can we therefore expect their next quarter to be great? Or do you think that it is likely that the dealers that did well are those outside of Alberta and since the company has most of its dealers in Alberta, we might see little positive impact? I suppose it depends on how confident people in Alberta have been feeling about a rebound in oil and in the safety of their job.

Q: Yesterday I asked a question about three sectors.You recommended Enbridge and Pembina for the utilities sector.Tmx show both companies as being in the energy sector which I am overweight already.Could you clarify this for me. Publish if you think it is necessary.