Investment Q&A

Q: hi folks

further to an earlier email on element with respect to mgmt

I remember when newcourt and steve hudson had their heyday in financing in the 1990's and early 2000's

from my recollection there was a lot of 'creative accounting' (a term updated recently to "financial engineering")

question: in light of this 2.2BB issue today (which increases the company capital structure by almost 40%) what makes anyone believe that this mgmt is any more competent than when they near bankrupted newcourt?

one thing of interest being they didn't borrow the whole 2.2bb

comments?

thanks for your insight

robert

Q: Hi Peter

EFN did a substantial financing today of common stock preferred shares and convertible.

What's your take on all this activity? Are you positive about it and if yes why?

Q: Peter and Team,

My stock portfolio largely resembles the 5i balanced equity portfolio. I recently trimmed Stella Jones from 6% of the portfolio down to 5% to keep its weighting in line. I have been building my position in BIN and currently have 3.2% of the portfolio in it. Is BIN a good spot to invest my profits from SJ today?

Q: Could you provide a brief summary on why you would include Element Financial in your growth portfolio. I see they have always made money but what about them makes you believe they will continue to grow.
Thanks
Jim

Q: Apparently the judge on the Ericsson case through out the two contender,this is the stronger case for Win as result this stock keep going south unfortunately i allocate 5% of my income portfolio on this stock, should i lighten up and reallocate some .

Q: Please what do you think of this company? Is it still a buy at these levels, cents .49 ?

Q: Good morning .. I was surprised to hear from a BNN guest that ACQ has a very high level of debt. Is this so?

Q: I'd like to get into the shopify IPo on the New York stock exchange tomorrow. Is it best to just put in an order at market or how should I approach buying it?

Q: Would like to purchase Canadian Tire stock for a long term hold. Not sure of the difference between the two symbols. Any suggestion which stock to purchase. Thanks

Q: Hi guys, in my u.s. balance equity portfolio I have the following; BRKB, QQQ, SPY, VIG, AAPL,DIS, HD,PFE,V and SBUX. They all have equal weighting (2.5%), do you have any concerns/what changes would you make with this group. Time frame 5 years.
Thanks
Jim

Q: Bam, BIP, BEP, or BPY. Also, WSP vs SNC?

Thanks peter & team?

Q: There was a 5.5% drop for CPX today with no news for the stock and no downgrades... Any idea what could have caused it? The stock seems to be on decline and it is 9% down YTD and almost 20% lower that it was at its highest point in Aug. 2014. I have about 2% position in CPX, do you suggest to take any actions or just patiently wait for recovery?

Q: I am down 30%. Is it worth holding on to.

Q: Hi Peter. I would like some exposure to the consumer staple sector for my RRSP. However I find the dividend yield too low (less than 2%). Does it make sense to buy a REIT like Crombie that rents all the Sobey's and IGA stores and pays out a distribution that is more that five times what Empire pays out in dividend? Even if Empire increased its dividend by 10% every year for the next 10 years it still would not catch up to Crombie. Thank you in advance for your advice.

Q: Hello 5i team. Looking at buying some Power Corp based on good analyst 'Buy' consensus and 5i's recent comments. Already hold Great West and had been planning to continue holding. Is it 'acceptable' though to hold both a parent company and one of its subsidiaries in the same portfolio? Thanks.

Q: Can't believe no one asked about this today. What do you make of the Amaya support for the bwin bid?

thanks,
Rob

Q: Is CGX buyable at the current price, or should I wait for a pullback? Didn't have the funds to purchase on the recent pullback and missed it!

Thanks in advance

Q: Hi Peter & Ryan.. How about a limit of 5 lines per question.. I am not interested in some person who might be promoting his own agends on my time, You are the reason we joined and value your opinions.Thanks in advance for all of your efforts..Regards Cliff

Q: Hi Gang

I presently hold both ENB and FTS for a total of 8.3% of my cash portfolio. I am a dividend investor. I was thinking of adding BIP but wonder if that would be more of the same. I am thinking it would be wiser to get Agrium since I hold (confession time) no materials at this time. Your thoughts?

Q: Hi 5i,

Thank you for you answer today on Royal Dutch Shell RDS.B. I have a follow up question please.

I own Chevron (CVX) (which you also mentioned in your earlier answer), Husky (HSE), Peyto (PEY), and while not directly comparable, Methanex (MX). I am contemplating one more energy stock which is why I asked about RDS.B.

If you could buy only one more energy stock for some growth but also a high sustainable and hopefully growing dividend, which would it be?

My research indicates RDS.B looks attractive, but so does Whitecap Resources (WCP) and possibly Vermillion (VET). The latter two are obviously Canadian which means I can buy them in $CDN of course, which may be doubly beneficial when oil prices recover and move the Canadian dollar.

Thank you again.

Michael