Investment Q&A

Q: SIS just broke through resistance of 17.40 or so on a little above average volume on Friday, even though the US market was only open half the day.
Would you think it would be a good time to add a little here given its all time high or wait to see if it cools off a little first?
Thanks
Jeff

Q: Hi the great 5i team, following your portfolio suggestion, we finally turn a losing into a gain this year. What we want to know is related to capital gain / loss. If net loss 2016 is 20000 and net loss from other years is 80000, what would be the amount of total capital gain this year without paying tax ? Thanks always.

Q: In a registered account I still have some byd.un. thanks to you, I have not sold them all as the price went up and up. But as of now I really don't see the valuation here. With no tax consequences to worry about. Just the trading commission Which name might be better to switch into.?
Thanks

Q: Is the company decision to buy back shares rather than increase dividends the reason for the big hit today? Is there something else?

Q: When does PEOPLE Corp report? What are the expectations for the quarter?

Q: Any explanation for positive move of PHO today?

Q: I would appreciate your comments on the just released press release of TSGI concerning the sale of its securities of NYX to Scientific Games.

Many thanks, Peter

Q: Sorry this is going to be a long question and I suspect your response will be market timing never works and stick to your guns. Everyone seems to be singing off the same playbook indicating that the majority of economies are enjoying synchronized growth and it’s full steam ahead. That may be the case but have to believe that on the balance of probabilities markets are due for a fall. The question is how do you minimize risk for taxable accounts, which enjoy sizeable gains? I am reluctant to utilize derivatives given the cost and complexity and no assurance of success. If you had to sell certain stocks in a taxable account, what would be the nature of those stocks? Any particular sector? What securities would you view as core holdings? What do u think of structuring a taxable portfolio with a mix of Cdn dividend paying stocks and high growth technology stocks? This would provide flexibility in controlling tax, given that a drop in the former class of securities would not matter as the dividend income would continue and you could control the gains generated by the latter class. Thx

Q: I own ZWH at present in a registered account. Is there any advantage to adding XDU (hedged or unhedged) for diversification? I am also looking at ZWU as a possible addition. Thank you.

Q: What's your opinion about PHX for a long term hold?

Q: Looking for yours thoughts on the best gold companies in the large, mid and small cap spaces.
Thanks,
Dick

Q: Can we have your view on this company for a 1-2% weighting in the speculatively portion of a diversified portfolio?
Also would it better in a TFSA or a RIF account?

Thanks

Q: What ETF or method would you recommend for an investor who wants to hold some gold (bullion, not the miners), unhedged to the Canadian dollar and with good liquidity. I have heard so many gold bugs talk about the importance of investing in “physical” gold as opposed to “paper” gold. Do you believe this thesis of “physical” gold and does GLD (US) meet this requirement?

Q: In a question today about holding physical gold you said: “Sprott set up PHYS to address these issues, and also stores its gold outside Canada.“

Can you please clarify if you meant PHYS stores it’s gold outside Canada? I thought it was stored at Canada’s Mint. Thank you.

Q: 5i team,
I want to understand more about ENB's debt. Most company web-sites allow the user to easily drill down under "Investor Relations" to find what one wants. The ENB web-site seems different - their Search engine asks "What can we help you find?" I tried to use this, but found it ineffective in finding what I want, debt or other info. Are you able to help on this? Thank you. Edward

Q: Hi 5i team, different analysts use different data bases and we have faith in yours. Would you please mention 10 growth stocks that will have earnings double such as PUR and growth rate / PE ratio > 1. Thanks.

Q: In your answer to Joe this morning about analyst ratings, you are less than positive on the process. This does not surprise me, but it raises the question about analyst predictions for a company's quarterly reports. The market seems to place great stock in the consensus estimates (and this seems to be getting worse in the last couple years), instantly slamming a company that misses on EPS or whatever metric. Are the analysts that make up "the consensus" the same analysts you were talking about? Why does the market think they should correct, particularly when (I assume) they don't have all the information available to the Board members; and, as you mention there are usually some ulterior motives? Just curious.

Thank-you

Q: What is your opinion of this company and are there other companies in this sector that you like.
Thank you.
HD

Q: Hi 5i,

With regards to Applied Materials (Amat) the 2 most recent questions on your website are from June and August of this year. I am wondering what your current thoughts are regarding this company with items such as Free Cash Flow, Earnings Growth, Debt, Cash Position, Management, P/E, it is overbought at this time etc.

In this sector, would you prefer another company such as Nvidia or any other companies that I should be looking into?

Thanks. Love your service!
Brian

Q: I would appreciate your thoughts and order of preference for these companies. Has VNR ever been in your portfolios?
Thanks