Investment Q&A

Q: With the recent volatility, several companies on my watchlist have seen their multiples fall to more reasonable levels compared to the last 2-3 years. In the current climate, I find low debt, strong management and overall quality to be more important than ever.

Considering these criteria, RCH, ADW.A and SJ are starting to stand out. The main issue I have is, growth might not be as high/steady as it was in previous years, so in the end they might not be that much of a bargain; maybe they are just more fairly valued, not "mispriced".

What would be your take on this? Is a 15-16 forward P\E for 8-10 % EPS growth and overall quality a reasonable price to pay? Or is this a case by case basis? What are the main points of reference, aside from industry, competition, company history, etc.?

I understand there are many other factors, but still, am trying to get my head around valuation. Thank you!

Q: Good Morning. Diana Shipping is offering to buy back shares for $3.60. This is slightly ahove the current share price and slightly below what I paid for my shares. I know this is a US company, but any advice. My inclination is to retain the shares. Thanks, Don

Q: Most trading days this year Intrinsyc Technologies has been a buyer of it own stock (up to the allowable max). Though as of late in addition, they have purchased large blocks, yesterday 165,000 shares and 225,000 just 2 weeks ago (combined 2% of the float). What should investors read into this given the Company has had a string of strong quarterly results? I guess the obvious is the positive impact on EPS going forward.

Q: Your comments on Q3 results would be greatly appreciated. Thank you.

Q: I have a small position in FDX which has broken support levels-should I sell or accumulate more
Thanks
Lakis

Q: What is happening to Sun Life , is interest rate uncertainty causing the last four months decline? thanks, Jean

Q: Hello 5i Team,

I have done really well with CGI and am thinking of swapping it for KXS. This move is purely for growth, I am comfortable with risk and have a long time frame (3 to 5 years).
Conversely, I am significantly down on both MAXR and HCG, and am thinking of selling one to add to the other. Which one would you recommend keeping and why?
Please deduct credits as you see fit.

Thank you for spreading the wisdom.

BK

Q: Alta Gas is down about .50% from around $30.00 to around $15.00. Some financial experts recommend Alta Gas all the way down. What did they do wrong? Other financial experts recommend avoid and a few sell--kudos to them. What are your thoughts now?

Q: This is a comment more than a question. I often go to their stores. I noticed that they have dropped prices on certain items lately ( eg chocolate bars) and if this is the trend then their margins have to be getting compressed. As well, their stores do not seem as busy as usual. In contrast, I also frequent Walmart and they seem just as busy. I think Walmart may be eating into DOL's business. I don't see any turnaround in DOL's share price anytime soon, although I think if it drops even more than it may get bought out or taken private. They seem have the dollar store market to themselves, just as Shoppers Drug Mart had in their category ( and they were bought out).

Q: Are there any Canadian public-trade companies specialized in managing the farmlands in western Canada or Canada? I think it is good long term investment due to climate change.

Q: Do you think there is any value for this free Semi letter?
I'm thinking it may help for timing names like PHO. Sell when things are booming & buy when there are no new orders?
http://www1.semi.org/en/worldwide-semiconductor-equipment-billings-drop-158-billion-third-quarter-2018-semi-reports
https://blog.semi.org/business-markets/critical-subsystems-orders-fall-off-a-cliff

Q: Just drove by a Boyd shop yesterday which had a sign saying "aluminum certified". What a great company. Aluminum cars and trucks are becoming more prevalent and not everyone has the abilities to work with it. Just another reason to own the company.

Q: Good morning

Do you think the possible blacklisting of Huawei from many western countries is a significant event wrt the 5g rollout? If so, which non-China competitors do you think stand to benefit most.

Thanks
Peter

Q: Cantor just initiated coverage with a $27 price target on Therapeutics MD saying their three products are under-appreciated and sales will rise faster than expected.
What do you think and is there a short position on this stock?
Thanks.

Q: Recently doubled the resource estimate and. Is crawling higher, although not a lot of volume.. Neighboring producer Pretium is a $10 stock with a lot of debt. Could you have another look at Ascot and tell me if it’s as undervalued as it seems.

Q: Good day gentlemen,
Given the last earnings report. I believe the company provided some guidance going forward in regards to FFO with the wgl acquisition built in. Is there a price where this stock can be bought?

Q: Hi Peter and Team,

The Info Tech component of equities in all our accounts is 16.2%. The following stocks and ETFs are held, followed by their weightings:

CSU 7.1%
ENGH 1.4%
KXS 2.2%
OTEX 2.3%
SYZ 1.0 %
TXF 1.9%
XIT 0.3% (used to put small amounts of cash since there's no commission with iTrade)

Would it be prudent to trim CSU, and if so, to what level?
What is your opinion of the other holdings, and are their weightings appropriate?
Are the Info Tech holdings too high a percentage of the overall portfolio?

Thanks in advance for your valuable guidance. Please deduct as many credits as you deem necessary.

Q: I AM FED UP WITH BONDS. DURING THE LAST 5 YEARS I HAVE LOST IN ALL OF THEM .I DO NOT UNDERSTAND WHY ALL ADVISER SUGGEST BOND FUNDS AS A PART OF INVESTMENT. ONE HAS BEEN LOOSING MONEY .I APPRECIATE YOUR COMMENT AND ADVISE RE ABOVE STOCKS.EBRAHIM

Q: Thanks so much for your reply to my earlier question. You suggested the following ETFs and I was wondering what a good portfolio allocation would be for each (I was thinking 50% allocated toward your BE portfolio however if a lesser/more percentage makes sense then please advise):

XWD (global expoure), VFV (S&P 500), VGG (US dividend growth), HXQ (US technology), XSU (US small-cap)

Thanks!

Q: I am down considerably with Stuart Olsen. Is this a hold? Is a recovery in the works or should I exit and move on?