Investment Q&A

Q: I am an investor with no employment income. I have cash to deploy in both a Registered and Unregistered account. I am looking at KWH.UN, HOT.UN TD and BNS.
Should the REITs or the banks go into the registered or unregistered account?

Q: To what extent do you think that the withdrawal of the USA from the Paris Accord will effect companies that focus on renewable energy. In addition to Algonquin, which companies will be negatively effected. Thank you for your comments.
Stella

Q: I hold AQN and have been very happy with it, but a proposed amendment to the share unit plan has me concerned. The proposal is that the maximum number of shares "available for issuance from treasury upon the vesting of the performance share units and restricted share units outstanding be increased from a fixed maximum of 500,000 common shares" to 7,000,000 shares. Based on the total shares out there, is the current 500,000 low by industry standards, or is the proposed 7,000,000 high. Insiders are proposing this, and I assume that only insiders would benefit from it. Could you provide your views on this proposal.
Thank-you

Q: Hi 5i Team, How does one prepare the RRSP portfolio for flipping into a RRIF the following year? Your strategy. Thanks.

Q: any reason why tcn has traded up recently?

is it a good time to complete position?

Q: Gentlemen,
RESP has BNS,GUD,OTEX,T in equal parts. There's room for 2 more.
I'd appreciate your thoughts on what you would select at this time. Thank you.

Q: Any comments on MedReleaf (TSX symbol LEAF)
$100mm IPO Priced at $9.50 on Jun 7th, 2017.
I guess my question is, If you were fan of Cannabis, would you invest in LEAF!

Q: Hello, I want to start a small portfolio on margin with 2 or 3 stocks with good dividends to outweigh the loan fees and generate leverage. Is this a good strategy ?

Q: They are offering convertible debentures paying 5.25% - attractive since I think by 2024 ALC could be much higher than $13. However, the conversion is at more tan $20 per share. The extra security would mean giving up more than 50% upside. Does this seem an usually high conversion price? Do you think it is an attractive offering?

Q: In order to avoid individual stock risk, my wife (retired) has asked my opinion on investing 30% of her total portfolio in 10% each of Canada, Europe, and the U.S. (The remaining 70% is composed of 5-year laddered GIC's) I have suggested the following... Canada would be broken down into ZWC and CDZ (on a 40/60 split), Europe would be broadly broken down into ZWE and XIN (40/60 split), and the U.S. would be broken down into ZWH and CUD (40/60 split). What do you think of this strategy? Would you recommend different ETF's to balance the covered calls for the three geographic areas? Thanks!

Q: Hi 5i

First a comment-it is puzzling why you get so many questions outside of the stocks on your coverage list or portfolios. With the results BE port has achieved it seems to make sense to follow your advice rather than making our own picks. Similarly if you get less questions on uncovered stocks you will have more time for the ones you recommend.

My question is I currently have about 4% in BEP.UN (42.58) which has done great. 2.5% in MDA (63.93) down 25% as I bought just before you removed from BE. 2% in HR.UN (23). And less than 1% in AVO (15.20) bought near peak so down 50%. Also own more than half of BE plus 5% AAPL and GOOGL, 4% DIS and TD.

Don't yet have SYZ,GUD,AIF,CLS,CSU,KXS,NFI,PBH, or TOY. Should I get rid of any of the stocks listed in first section? And which of the BE I don't have yet should I get soon? Have enough cash that I could add 3 and risk tolerance is high.

Thanks, Greg

Q: Hi Peter, Ryan and all at 5i

My question concerns a small position that I own in CHW. It's a nice little company that largely flies under the radar.

The reason I bought stock in CHW is that I have a feeling that the Company will not be around for long (either privatized or taken out).

However, I have been studying the recent results from TF and its operations and it looks to be a better investment.

How would feel about switching Chesswood for Timbercreek?

Thank you

Q: Hi Gang

What is your take on HSM at this point

Thanks Mike B.

Q: Relating to internet of things, SQ, PYPL, GPN and TTWO are doing quit well, while SQ, PYPL and GPN are in the fintech payment space, TTWO is a on line video game company. I am thinking of swapping my AAPL holding to one of them for more growth. Which one will you pick amount them?

Thanks,

Lin

Q: Saputo earnings were 0.42 cents per share. Can you tell me what the expectations were and what the is the new current P/E ratio? Google Finance doesn't seem to adjust the P/E ratio according the recent earnings. Do you think Metro would be a good switch? Seems like Saputo is starting a downtrend whereas Loblaws and Metro are in uptrends? I'm not looking for confirmation, but rather for flaws in my observations.

Q: Do you have any further comments to add about the PHO earnings now that you've heard the conference call? As always thanks for your hard work.

Q: Would you mind commenting $75 million covertible debenture issue. I think the market likes the issue. It appears the new debenture will be replacing an expiring debenture at a lower interest rate so I suppose that should be good for the company's bottom line. The news release states the conversion price is $21.15 per share. Pardon my ignorance but how exactly does the conversion work? Does a debenture act in a similar fashion to a bond? If interest rates go up does the price of debenture go down? How would the debenture act in effect of a market crash?
Thank you,
Jim

Q: Greetings, Peter & Co.
I currently hold AGT at a profit. I would like to replace it with another agriculture stock, small cap or mid cap, that has some growth and some dividend. Failing this, I would consider a moderate sized tech company that meets these criteria.
With appreciation,
Ed

Q: I do not know why a loss on A&W psychologically hurts more than the joy derived by seeing most of my other 5i equities that have increased by more than three times the loss. Also I find it hard to sell my losers when I should(there is always hope)and the need to keep my winners when they should be trimmed. Selling my winning and paying bank stocks (too much over indulged in) and putting the funds into XGD (which I should and did) is contrary to all my instincts but is rationally correct. Boy, his is tough!!

Thank you for the appropriate, timely advise and guidance, without which things would surely go awry.
Stanley

Q: Own 1/4 position in HWO(down 20%)& 1/2 pos.in Ala.r(down 1.4%).Should I continue to hold both & add some.Appreciate u usual great services & advices