Investment Q&A

Q: Michael, perhaps you meant BSR Reit Canadian invested in US market.

Q: Can you provide your 4 top Canadian dividend stock picks for the new year? Will be adding to my TFSA.

Thanks,

Joe

Q: Over the past week, Trisura has drop of ~5% in spite of having good earnings. There have been a couple of very recent corporate staff changes but otherwise, no news. Would you have thoughts on the loss of momentum? Does Brookfield (BAM.A) still retain an interest?

Thank you for your comments.

Q: This is a question about stop loss as a tool.
When you look at bid ask just before the open sometimes you see a bid way below the last trade the day before. Sometimes the last trade the day before may be 90 and the morning premarket bid ask 70 / 91
If I had a 85 stop loss , even though the bid is unrealistic would I be sold out at 85
Thanks
And best of the holiday season to all of 5i and your family

Q: Hi, what are 6 or 7 core stocks that you would put in a balanced portfolio within a TFSA? Thanks.

Q: Looking at one/both of these for a TFSA. Could you comment on their competitive advantage - if any. Other issues that would concern you ? If you were to put a 5i rating on them for the Growth Portfolio, can you take a stab at what that might be ?
The 3 smallest positions in my TFSA are MCR, PHO, and LSPD, (I also hold a full position in Shop) . Would increasing those be preferable ?

Q: Hi everyone. Could you please update the short positions on EIF. I believe today was the second highest stock price for the company in it's history.
Most excellent holiday season to all.

Q: What price would you build a position for MTLO ? Is Mtlo a good company for 5 years hold ?. Many thanks.

Q: Hi guys,
Please explain why this stock is being beaten up so bad lately!

Thanks,
Jim

Q: Some new fears i heard on the radio going shopping yesterday. Maybe they are already part of the financial behavior jargon but new to me.
Everybody knows about FOMO fear of missing out. But these ?
FOBO fear of better opportunity
JOMO joy of missing out, had a good laugh on this one !
Nice holiday to the team for the great work and all 5i members kuz if you're not there 5i non existent, impartial great service non existant !

Denis.

Q: When would you expect an earnings press release from LSPD?

Peter

Q: How does VEE compare with ZEM with respect to fees, performance, dividend and holdings? Which one would be your pick for new buying today with a 5-10 year timeframe?

Q: Thanks for the update on GSY.

I like the valuation, growth rate, management stake and conservatism. My main concern is whether they are chasing loan book growth during a period where Canadian personal balance sheets continue to deteriorate. In an unfortunate scenario of net charge-offs rising through their B/E charge-off rate of 24.6%, how quickly could their funding dry up? Does this name have a large short base from the short Canadian Financials camp out of the U.S.?

Do you know the breakdown between secured and unsecured loans within easyfinancial’s $1.03 billion loan portfolio? For the secured portion, what type of collateral do they typically receive?

Thank you very much!

Q: Hello 5i team. Laugh if you want, but I'm very tempted to take a small position in Tesla. On the one hand, the stock is up almost 70% in the last six months, they turned a modest profit last quarter as you well know, deliveries are at a record clip, and it definitely has the cool factor. On the other hand it has bled buckets of money for years, quality issues abound, and I'm torn between thinking Elon Musk is a pothead / space cadet, or a genius. Please act as my chamber of sober second thought on this one. Thanks.

Q: I'm considering a contrarian play on an o&g service company. I understand it may take a number of years but at these prices the right company could be a multi bagger when the sector turns from these very low share prices. A strong balance sheet is key to be able to last however long it takes. I see MCR, TCW, and ESN fitting the bill here, but which one would you invest in? MCR has actually done quite well in the downturn and is up considerably. TCW and ESN are more similarly aligned and have both been beaten up. I'd imagine TCW and ESN would have much more torque than MCR in a recovery, so more value there. Clarke has been a big buyer of TCW at these levels, but MCR has large insider ownership. Which one do you feel is the best choice and why?

Q: Could you please compare and contrast two pulp sector companies - MERC:us and CFX.to

What are their current debt levels, consensus earnings (loss), revenues and dividend coverage safety etc.?

Q: I own Chartwell and H&R few years , they are steady however it appears in the continuing low interst several Reits out perform like Granite REit Dream industrial cap reit etc I don't follow Reits . I am considering replacing one say H&R or both
with quality names in Canada or U.S Sector doesn't Matter

Q: What sector would you place Magna Int'l? I see it in both Consumer Cyclical and Industrial?

Thanks...Steve

Q: Hi 5i team,

Over the past several years, I moved a lot of funds to the U.S. for the growth opportunities. The CDN dollar has been range-bound in the 74-76 cent level but is now breaching 76 cents. I am inclined to think it won’t push much higher, as the FED is on hold and the recent U.S. job report was a lot stronger than in Canada. But you never know, so I am considering some hedging activity. I don’t really want to move money back to Canada. Is there a large cap S&P type ETF product that would hedge the CDN $ in my U.S. accounts?

As an alternative, as I am not really an ETF guy, is there an option to buy/add to some Canadian domiciled, inter-listed companies in my U.S. accounts, such as OTEX, MEOH, FTS, TD, others, assuming they fit my portfolio? If the stocks do well, and the CDN $ rises, then my U.S. priced stock will have to rise proportionately to keep pace with the CDN $ value. Does that option make sense or is it all a wash in the end?
Any other ideas for hedging a large U.S. exposure?

Thanks again for your insight, and for a great year in U.S. stocks, even though it is not your focus area.
Dave

Q: Would you recommend continuing to hold this Reit in view of recent hits to this sector? I have a very concentrated portfolio and only have this one Reit. I'm open to moving these funds to another dividend Reit or another similar dividend stock in a different sector. Your ideas please. Thanks.