Investment Q&A

Q: I am looking for low priced high growth Canadian companies that I want to buy in TFSA in the new year. Volatility, risk factors are NOT relevant. For about 11k. (5500x2) I bought PHO and BBI after reading your responses to some of the subscribers in the Q&A section. Any other names that you would suggest? ( Being seniors our core holdings are in the ETFs in different sectors and safe stocks like XIC, VDY, VIG,MGV,XEG,GLD,XGD etc., ). So, this 11k can be allocated to risky micro or ultra micro caps and I am ok with some losses if I can score a few three or 4 bangers!
My membership has been extended to March 2020 which shows my confidence in you! You need to find a way to synchronise my CMS and 5i subscriptions though!
Wish you all Happy, Healthy, Peaceful and Plentiful New Year!

Thank you for all your prompt, thoughtful and candid answers to such varied questions from so many different type of members.
Truly amazing.
Mano.

Q: There has been a lot of insider buying lately in ECN. Is this normal after loss tax selling. Is the company buying back shares. ( PGF )is the investor Schuller still involved in company I believed he had purchased 90 million or so shares and please provide update on PGF.Are they starting to recover. Does PGF have light oil assets?

Q: I have a 5 year old grandson and want to start a long term investment fund. Would an ETF be the best way to go, and if so, could you recommend a few. Thanks. All the best in the New Year. Thanks for all your help over the years.

Q: Hello Peter,
I am surprised that with legalization in some states in USA that there are not many pure cannabis companies trading on the larger exchanges as they are in Canada (i.e. TSX). I did searches on companies in Colorado and California and found very little other than smaller players trading in over the counter. Any comments? Also, is it too risky to invest in companies over the counter. One of the picks was from Goldman Sachs and that was an over the counter company which in some ways may confirm what i was indicating above that there does not seem to be too many companies on major exchanges. I would appreciate your input on any companies that you maybe aware of in the legalized states and if over the counter is too risky. Many thanks and Happy new year.

Q: Other than the obvious large caps in the pot sector (Aphria, Canopy, Aurora) what are some for f your favourite micro cap picks.

Q: I had felt very comfortable owning shares of Car.un - then, I read an article in the Globe written by David Milstead The gist of his article was that some REIT payouts are deliberately not accurate, they are manipulated to look healthier than they really are. He elaborates on I'll use the term "Doctoring" maintenance capex and growth capex and ultimately suggests that investors are being misled with what the company reports and what it does not report. His article concerned me. Car.un seems like a very good investment to me, but after reading his article, I ask myself, IS IT?" Please advise/comment. Thank you.

Q: What would you consider the top sectors that represent value opportunities in 2018 in either Canada or the US?

Wishing everyone a healthy, happy and prosperous 2018.

Thank you for your valuable assistance.

Q: I have noticed in several of your Q&A responses that you "like the water theme". Can you please elaborate on what it is that you like about this space. What Canadian equities would you recommend adding to a TFSA for some exposure in this sector and why?

Thanks for your great services this year!

Q: Based on the current financials of this company:
1) Is the companies stock pricing par, undervalued or overvalued?
2) What do forecast the stock price to be in the coming months?
3) Is this a valid investment in your opinion or do you see it to risky and volatile?

I am not expecting a long drawn out answer and will not be holding you accountable to your opinion. Just curious on your take. Thank you for your time.

Q: Can you make a brief pro and con list for Medreleaf (LEAF) highlighting your largest concern and the what you consider to be Medreleaf's greatest strength?

Thanks and happy holidays to the gang at 5i.

John

Q: Will US tax reform benefit Pivot? Are you able to determine to what extent?

Regards and happy holidays.

Robert

Q: Which stocks seem to have good momentom in Ai sector?.

Q: Happy Holidays!!
Are you still positive on ALA.R?
At wait price do you consider it a table pounding buy?
What are the risks in buying it here at the $28 level?
Thank you

Q: 1) Even Stephen Poloz, Governor of the Bank of Canada, has set aside the issue of NAFTA claiming there remains uncertainty until he knows more about the nature of the risk, he will not focus of that topic. The much greater risk to Canada will be the US Tax Reform. Will Canadians also shift business to the States because it will save 50% in taxes. So, the tax reform is a far bigger issue than NAFTA. How would a Canadian company's move to the US affect me as a shareholder?

2) It appears the flight from income taxed states, especially California, to Texas and Florida particularly, will continue. Seven U.S. states currently don’t have an income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming. Residents of New Hampshire and Tennessee also, though they may pay tax on dividends and income from investments. I understand that four states, Minnesota, Alaska, Connecticut, and New Jersey, and the District of Columbia levy corporate income tax rates of 9% or higher. These are the States that may see the withdraw of many corporate headquarters. Six states, North Carolina, North Dakota, Colorado, Mississippi, South Carolina, and Utah, have top rates at or below 5%. Is there any benefit long term to investing in companies headquartered in non taxed States?

Q: NWC continues to languish and I am considering adding to my position.
Are you still optimistic about growth prospects?
Thank you

Q: Phonton Control and Titan Logix, looks to be in the same type of business. Titan appears to be having management issues, and Phonton appears to be more stable in regards to earnings. Do you favour Phonton over Titan Logix? And is this sector looking to get better in the future?

Q: How do you see the security of the dividend? And is Savaria sales going into the future (backlog)?

Q: Hi Peter and everyone at 5i,
Regarding Teresa's question about copper earlier today, here's an article from the Financial Post that illustrates copper's role in the potential for an electric vehicle sales uptick expected by the author:
http://business.financialpost.com/commodities/mining/can-electric-cars-power-the-next-commodity-supercycle
Thanks to everyone at 5i for providing such a valuable and profitable service to members, and a happy, healthy, and safe New Year to all in the 5i community!

Q: In updating my investment spreadsheets I was surprised to see that I had somehow missed a decrease in D.UN's yearly dividend from $1.50 to $1.00. It appears to have happened in the second half of the year but the company's website is no help - the last post on the front page is from 2016. I find this very strange. I have searched high and low and can't find a press release. Can you shed any light?

Thank you.

Q: I believe there is not much opportunity in the the technology and health sectors in Canada, so have invested in USA to gain exposure to those sectors. Are there any other sectors where investing in USA be preferable to maintain proper diversification by sector?