Investment Q&A

Q: Hello 5i team!
You often seem bullish on tri. I know it's grown in the past year and I know you're not fans of analyst predictions, but the one year estimate is about $220.50. can you please explain why this would be a good investment today for the next couple years, and/or offer a couple other better growth ideas? Thanks!

Q: When I look at Kelt on the 5i website it says insiders are exercising options at 2.76. I am assuming these options were issued in the past. I am also assuming that the insiders are exercising the options for stock and are using their own money. DO options have an expiry date ?Are my assumptions correct ?

Thx

Q: EDGE was mentioned on BNN the other day. It seems interesting as it offers substantial diversification compared to the mainstream equities I typically invest in. I have some questions for you:
1. What is your overall view about this ETF?
2. AUM is about $46M...is that too small for the fund to have much promise?
3. With $46M, is it too risky to take a large position, or is there protection from how ETFs operate?
4. It is perplexing to me....the average volume shows at about 600 on one trading platform I use and about 1,000 on another, yet there are bids and asks in excess of 2,000; why would there be such large bid / ask when the volume is much lower?
5. The quoted fee is 0.40% but about 1/2 of the holdings are other Evolve ETFs; is the real cost of the fee more than the 0.40% quoted (do they stack)? Would it be less of a fee if one simply bought the other funds?
Sorry if some of these are dumb questions, I don't often invest in ETFs. Many thanks for your excellent service.

Q: Is Cix still ok to keep money for investing. I see they are offering $17.50 a share. Is this to pay off the big investment they borrowed from. last year for their expansion. How would them rate them. The stock was $28.00 a few year ago. Or perhaps they want to help TIXT. Will their dividend still be safe in a lower rate inviroment.Tks 5I

Q: Can you provide a current outlook for BN?

Q: A Market Call guest, Gordon Reid, was very negative on SBUX, saying that they are wrong to borrow money to buy back stock. I disagree. With a return on assets of 14% and a dividend that is well covered by earnings, I would argue that loading the balance sheet with low-cost debt to maximize return on equity is a sound strategy. Who's right?

Q: Hello Peter,
Why is Descartes system down on an up day? Is there some negative news i am not aware of? Is it good time to step into AlamosGold and with lower rates coming, i would have thought BEP would have recovered somewhat. .i am down about 30 percent on it.. Much appreciated for your comments

Q: With the S&P's current P/E ratio at 27.93 far above the five-year average is it safe assume some profit taking might occur in the next few weeks? If capital gains aren't an issue, would it be wise to look at taking a portion of profits off the table post NVDIA earnings on companies with a high P/E?

Q: I am a long term investor who is very patient and has a high risk tolerance, but must pull a few weeds. Have held the above for a decent amount of time, but wonder about 5I's opinion on whether to hold for longer or pull. Thank you for all your help.

Q: Could you please tell me the outlook for this company and dissect the latest quarter for Quisitive Tech Solutions(QUIS). What initially made this company fall of the rails and what will it take to get it going again and how much does as they say on their website being a "top Microsoft Solutions Partner" bode well for the company and would Microsoft ever cut ties with them if the management wasn't operating to their satisfaction. What's the longer term outlook. Buy, hold or sell. What would it take for 5i to be interested in this company?

Q: hi, in follow up to yesterday, what do you see as the reason for the price decline today? Powell speech? or other things in the earnings/guidance. is this a buying opportunity?
cheers, Chris

Q: I realize there are no withholding taxes on BIP.UN in an RRSP

What about taxes in a tfsa

Thank you

Q: Can elaborate on your bullish thesis here?

Yes, revenue is growing extremely fast, you love the stock momentum, and they have a pretty clean balance sheet.

But, the valuation is also extremely high and they aren't earning much on the bottom line.

I typically view this type of situation as poor risk/reward. Any "miss" could elicit a sharp sell off.

How are you thinking about this company that gives you confidence in it and allows you to view the risk/reward as favorable?

Q: Good day all ! as a purchase for a 5 to 10 year hold in what order would you purchase these for US stocks and what would be a good entry price ? Thank you !

Q: How safe are these high interest savings ETF’s?

Q: Would you sell CTS if you were in a loss position? If you were going to sell CTS, what three choices would recommend as better alternatives in order of preference excluding CSU, DSG and SHOP which I own.

Q: Why did WSP price drop dramatically March 27, 2024 to June 3, 2024, and then bounce back up? Also does WSP incorporate AI into their engineering methodology?

Q: 5i and I agree on the importance of good management teams (think CSU and ATD). I'm inclined to pin the giant mess TD has created with money laundering woes in the US on its management team and most especially the CEO and Board. Do you agree and if so, would it not be prudent to stick with other banks until we see changes in the upper ranks of TD?

Q: Is IPAR a reasonably good value at current prices? When looking up financial metrics on several sites I get differing data e.g., PEG ratio at FINVIZ is a high 2.8 around 1 yet other sites show ratios closer to 1. From an admittedly very general review, I have the impression that this business has a reasonable good moat, a good management and favorable prospects for the next 3 to 5 years. IPAR is a much-favored company at a site I find honest and reliable (latter is Compounding Quality where it is in their suggested portfolio). It does not appear in any of the five models I have access to at AAII, where it does not qualify even for that organization’s “Shadow Stocks”. (Latter are companies AAII monitors for possible future inclusion).

IPAR seems to be a good--but forgotten-- company. Would appreciate your more detailed insight, giving your view on current valuations (PEG, forward P/E , prospects through 2027). Especially may one please have your insightful comments. Thank you.

Q: This question is about small TFSA with 98% Canadian equities with 32.06% total weight in the technical sector. Weight for LMN, SHOP and DSG are close to 5i Bal portfolio but CSU is at 14.8% (Thank you). All these names are at profit.

Question 1 -I am contemplating selling CSU to reduce Canadian exposure and buying MSFT or NVDA What is your opinion of such a move? Any other suggestions in technical space?

Question 2 - This TFSA has no exposure in Consumer Staples. Would you suggest buying COST instead of US technical name? Any other suggestions and entry price?

Much Thanks for your very valuable comments.