Investment Q&A

Q: Hi Peter,
Thank you for putting out an updated email about the Market this morning March 9, 2020 with the bad market conditions.

Thanks, Charlie

Q: Good Evening
I own both IPL and PPL
I understand that the drop in oil prices is causing stocks like Vermillion and Whitecap to plummet. However, I am very surprised with the 23% drop in IPL, and PPL.
Can you please provide some explanation as to why there was such a huge drop in the prices of IPL and PPL today? After all these companies are not oil producers.
I will also appreciate it if you could provide some insight whether it is now time to average down on IPL and PPL , hold them or sell them.
I will appreciate your comments. Please deduct two credits.

Q: A what various entry price points would you layer into Apple?

Q: Hi Team! Just a general question on current market conditions. While all financial experts are saying to stay put and stay on course and not sell into this current frenzy (which i agree) who is selling and causing the massive sell-off then. I Thank-you in advance, Sam.

Q: After this correction, is this one a good long-term hold for yield and 10% growth over 2 years?

Q: Hi 5i team,

I have never been an oil guy or a commodities guy for that matter. However, I don’t fully get this latest oil plunge impact on the markets, other than the scare factor. I generally thought lower oil prices were beneficial for the economy. It lowers the cost of transportation for people and freight movers. It puts disposable income into the pockets of the consumer. So, is it more psychological than anything, being a further scare in scary times?

As a side note, I think Eric Nuttall must have the toughest job in Canada. I don’t watch much BNN anymore but I did happen to see a bit of Eric on Friday. Is he the last standing oil bull in the country? He continues to just gush over all the opportunities out there on mispriced assets and cash flows. Maybe the reality is that fossil fuels are in a long-term secular decline and no one cares how underpriced they are. Millennials are more in tune with climate change than trying to catch a bid on an oil stock. I think it may be time for Eric to move to renewables.

Thanks again.
Dave

Q: Can I get your opinion on LIF for income. Thanks.

Q: Why is Fairfax so weak ? Is it their insurance and/or capital markets exposure ? It had a good last 1/4. Buy/hold/sell ? Thanks.

Q: Acuity Ads down along with the market. Very small cap I can understand why.
There sales in my opinion are not virus or oil related and I see this dip as a buying opportunity. Your thoughts would be appreciated.
Also, in a prolonged economic downturn do they have the balance sheet capacity to "weather the storm".
Thanks
John

Q: Hi!
A few times there has been mention of 5i members declaring the subscription for a deduction for their income tax return.

Hoping someone would know under which section this can be done using Ufile?

Thanks.

Q: Timing for the special report was timely and very instructive. I am presently 41% cash and of your watch list I am already invested in 3 of them and I have the intention to buy more when things get better, I presently have a watchlist of 16 companies and have added the ones you suggested that were not in my list. I noticed you have nothing in alternative energy which has been performing very well and have had very little correction VS the market. Thank-you for the excellent report and may I add that this kind of help is exactly why I renewed my subscription

Q: All the banks are being hit today, but BMO seems to be getting hit the hardest. Is there a reason for this? I'm thinking of entering a half position looking at a 3-5 year timeline. What are your thoughts?
thanks,
Paul

Q: Hi, the big us banks have all come down significantly lately and some hitting multi years lows. What is your opinion about the situation and would it be a buying opportunity ? Can you explain why they fell down so much. I know that Warren Buffet loves them a lot for many decades. Which one is your number one pick ? Thanks

Q: Cisco is down 20% in the last month and down about 40% from summer 2019.
Do you think this could be a good entry point.
Thank you

Q: With the current price and gold is consistent increasing. Plus its increase of productions of ounces of gold. Do you see it as a potential of a takeout. Thank you.

Q: You last commented on this reit in 2018.
What is your current perspective.
Thank you

Q: Looking at this company, what is your opinion going forward for the next 5-10 years in a RSP account? Risk, safety of dividends, growth, and comparables in the sector.
Thanks as always

Q: What in your opinion make URI fall much harder than the market wehn they issued good earnings I thought.

Q: The Market Update and Special Report of March 9, 2020 is necessary reading in these turbulent times. If one already has a full position in any of the listed stocks, is your recommendation to consider them a HOLD, or if and when one feels more comfortable with buying more, would you suggest that we go overweight in that stock and/or sector, even temporarily? Thanks for your insight.

Q: Can you talk about the fundamentals of these companies that are part of your Balanced portfolio? From a technical perspective they have been going the wrong direction for quite some time. Thanks.