Investment Q&A

Q: Regarding Dollarama (DOL). I generally like to let my winners run, especially if they are still trading at attractive valuations and I have had a good run with Dollarama however its now trading at 22x 2015 earnings estimates and 19x next fiscal year's earnings estimates.

Do you think its being too cute selling on any additional move up hoping for a pullback close to the $90 level?

I figure yesterday's move in the share price had everything to do with Icahn taking a position in Family Dollar and a bit of last weeks, move was based on the report that Dollarama would make a good fit for one of the dollar stores in the States.

Q: After a nice run up I am thinking of replacing Painted Pony (PPY)in one of my accounts with a strong long term grower and dividend payer. I will still keep it in one of my other accounts. Could you please provide your opinion on Whitecap, Altagas, Peyto, and ??? as a replacement.
I want to mention that your continued advice to others, which I interpret as doing less trading, has been very valuable to me.Thank you.

Q: What is your opinion about western forest products (WEF )?Is it worth holding it?Thanks Ebrahim

Q: hello 5i:
waiting for a slight pullback in energy stocks, and wondering which of these 3 you would favour (at current levels): DTX, RRX, WCP, and why.
thanks as always for a tremendous service

Q: Hi Peter-ryan Kudos,Could you update yri & ar. Thanks for all the info! Regards Cliff

Q: Peter and Team,

Can you please comment on Magna's success in landing the AWD system for Mercedes GLA and CLA models? This seems like a a nice win and the market seems to agree. I think this adds some good company diversification to Magna as well.

Thoughts?

Q: Hi there

In my spousal RRSP I have recently added DHX.TO,BEP-UN.TO and SJ.TO. I was looking for a fourth to add and was thinking either A&W or Tim Hortons. Which would you recommend or is there some other holding I should consider.

Thanks

Andrew

Q: Any thoughts on Accord Financial here? While interesting with a decent dividend, I have size/liquidity concerns. Thanks, Mike

Q: Hi Team... looking for any update on CVL Equip

It's cheap, appears to have rising revenues and good cash flow is expected yet, it continues to under perform.

Thanks for all you do

Gord

Q: In response to an earlier question on Boyd, which I hold, you stated ," BYD is starting to look pricey but is actually cheap on a historical basis..." What particular measures are you using to make this judgement as it seems trailing PE is about 28X and Book about $5? My charts only go back to 2003 but I note it traded under $4 a share for 4 of those years so it's come a very long way to here. Thanks, J.

Q: Greetings: My question is concerning 3 stocks: Element EFN, Fiera FSZ, and Tricon TCN. I have owned these stocks for over a year, and they have done almost nothing. I bought them because I understood them to be "growth names." But in retrospect, which I know is always clear, I would have seen more growth in non-growth names: BNS or HCG, or even KBL or WPK!. Also, I note that you say the following about Element: "We think it is a stock that needs to be given five years. We think the company, despite all of its recent activity, is only getting started."
OK, here's my question, I know, finally. My opportunity cost has been huge on these names. Should I just be patient (hopefully not for another 5 years) or exit now, after which I know all three will immediately shoot up, and then enter when they have "matured" a bit. I had expected steady growth. Or should I simply hang on and change my expectations. With new money I am buying names like First Service and Auto Canada and Boyd and seeing way more growth.
Thank you once again for service that I still can't believe exists. Cheers

Q: Peter and team,
Can you give a update and opinion for IMG, SAS and general gold comment.
Thanks,
Paul

Q: Eric Nuttall just trashed Surge Energy and Bellatrix Exp. as being 'un-investible' companies, while at the same time highlighted EnCana and Tourmaline Oil as his top picks, both of which are owned by Sprott (the company he works for)....is this good advice, or the type of conduct that caused you to create 5i? Thanks as always...

Q: We currently have approx $20,000 GIC maturing that we wish to reinvest. The current yield on GIC's is very low and we are reluctant to put this money back in GICs. However in our portfolio we consider this $20,000 to be part of our "SAFE" money. We are considering preferred shares for their higher return and relative safety if we buy from a "blue" chip company.

Could you give me the name of 3 preferred shares that you feel confident in recommending. We are happy to hold these for long term. If you have any other suggestion for a very safe investment we would be happy to hear that as well.

Thank you

Q: Like to have your opinion of AM, E and TBE
Many thanks, Joseph

Q: Hi guy's ,a question about AFN ,they show a dividend far above earnings,how does this work and would it be a good investment at this price.Ihave been watching it for awhile but it never seems to have a decent pullback.Thank you.

Q: Bellatrix (BXE). I am down 18% on this company. I know they did a bought deal at $9.50 and that it was reduced. Is it more volatile because it does not pay a dividend and shorts don't have to cover the dividend? Should I continue to hold or buy more or wait. It is dragging down the rest of my portfolio.

Q: Hi Peter& Team, thanks for all your help to date. I am starting TFSA and RESP account for my kids and looking for some growth stock advice. One of kid has 5 yrs timeframe while my son has 10 yrs timeframe. Thank You.

Q: Kelso KLS-X seems to be delisted. I cannot seem to find out why this has happened and how it will affect me , as I have some stocks in this security.

Duane Campbell

Q: Dear Gentlemen.
Refresh Financial Debentures
I bought the debenture (with 7% interest) last year, as a private investment and so far its OK.
They offer new issue.
Its a risky investment ?
Thanks for opinion
Best Regards