Investment Q&A

Q: I realize you prefer AW over PZA. I have owned PZA for some time now down about 20%....I can't make a strong enough case to replace PZA with AW to more closely match your portfolio. With the drop it is below a full position so technically needs to be topped up as I free up some cash. Can you make a case for selling PZA or do I just continue to hold it as a surrogate for AW in my portfolio. I am leaning towards topping up PZA to a full position and getting 8.9% yield off the div....

Tom

Q: What do you think this company going forward? Is it worth the hold?

Q: would you consider Disney to be a buy here?

Q: Could I please get your thoughts on Calian Group. I find the different revenue streams intriguing and the valuation (P/E) compelling, albeit a smaller company.

Q: ECN has been on a nice run since their investor day on Jan 28.
on their website the investor day presentation has 100 slides
clearly what they said has created more interest. Thoughts on the details coming out of the investor day meeting?

Q: Greetings,

I just sold some mutual funds(finally) in my wife's RRSP account. We are fairly diversified at individual level, majority of our holdings are from your Balanced and some from growth and income portfolios. All our funds are in Canadian and would like to diversify.

Please advise, if this is right time to diversify in to US/World markets. if it is a right time, can you suggest few EFT's for 5+ year hold.

Q: I currently have positions in these two companies. (thanks to your guidance) I'm thinking of adding to both positions. Are you aware of any reasons why I shouldn't proceed with the purchases at this time? If you had to pick one investment over the other, which would you choose. Finally, is there another company that pays attention to the environment could have more short term upside? Thanks so much for your respected opinions.

Q: In reviewing the 5i responses to questions on these 3 companies you seem to favour BEP. In examing the numbers for the last 5 years through Morningstar I noted the following:
2015 16 17 18 19
AQN .30 .33 .37 .38 .79 EPS
6.53 7.14 7.62 6.40 12.9 ROE%
4.60 4.55 5.10 4.18 6.44 ROIC%
BEP. .01 -.23 -.18 .13 .31 EPS
.05 -1.08 -.81 .53 1.34 ROE%
1.86 1.85 1.70 2.82 3.26 ROIC%
NPI -.07 .64 .85 1.46 1.67 EPS
-1.85 15.7 22.1 35.6 39.6 ROE%
1.7 4.7 5.7 6.3 6.6 ROIC%
Both AQN and NPI would seem to have significantly stronger results (ROE%, ROIC%). What key data points do you look for in this investment sector? Your thoughts on your selection criteria would be appreciated.

Q: Hi Peter and Crew
Thank you for your excellent work. We have PHO, PNG and GSI. Thinking of adding CTS to this mix. (this is our small cap fund) Love the growth in CTS and we can hold for five years. What do you think of the choice or any other ideas that may be better.
PS
Thanks for Shop:) wow!!
cheers
Ken and Cindy

Q: Alexandra has been asking about crystallizing capital gains to apply against capital losses (which are presumably already realized).

If my understanding of her question is correct, she should be advised that there is no need to wait 30-days to repurchase stocks sold at a gain.

Further, there really isn't a need to sell a stock just to offset a capital loss carry-over, as that capital loss carry-over carries forward indefinitely.

You can never say never, but the risk of the government undoing the capital loss carry-over benefit is minimal. There has been talk about increasing capital gains inclusion rates, but that's not going to matter to Alexandra if she capital loss carry-overs.

Hopefully this is helpful to Alexandra.

Q: can you comment on these 2 stocks

Q: can you comment on it as i noticed a pe under 3

Q: The price of copper is lower than it has been for a while. What company might you buy to wait for a rebound in copper price?

Q: I have held LIF for a few years now and have used its cyclical nature to take profits at its highs by selling down to my initial position and when the cycle bottoms add back again to my initial position. In the meantime I collect a very nice dividend. We appear to be approaching the bottom part of the cycle and would like your view on why LIFs share price is currently depressed and when market conditions will improve again.
I am currently at a 1.5% weighting and would be looking to add back to a 3% position to ride the next wave.
Thank you for your perspective.

Q: Hi Gang, I have been following H&R Block and it has hit 52 week low and the tax season is on . Do you think it’s time to buy in . Thanks. Alnoor

Q: Can I have your thoughts on Abbvie for a 2 year hold, Many Thanks, Peter

Q: What is your opinion of Resolute? How does debt look?
Thanks,

Q: With Marijuana stocks being where they are, would a company like G W Pharma be a good place to start bottom fishing? They just announced applying for approval of it's Epidiolex drug in treating Tuberous Sclerosis Complex (a rare disease I can hardly spell).
Can you shed any light on the prospects of this biopharma becoming profitable in the future.

Q: Hi 5i team,
I was wondering what your opinion is of the Morningstar Quant reports which can be found within TD Direct investing. For example, each of these stocks are noted as ‘undervalued’ or significantly‘undervalued’. As well, they have little or no moat, and some are high or very high risk. Their stock prices are/have dropped a bit.
Would you consider it realistic decision making to include them in the mix of info resources?

Also, could you kindly rank these stocks if one were doing this year’s TFSA amount- it’s a small sum so is it best applied to one stock or divided?

I have SU and CNQ, similar amounts invested in each and both are above water a little.

Please deduct however many credits you like. Thank you for helping me!

Q: Hi, how would you classify ONEX and what sector would you allocate it to? It says industrial on the TMX site, does that make sense or is it more financial? Or would you classify your holdings in PE stocks such as ONEX and KKR as a totally separate sector such as Alternative or Private Equity?? Thanks!