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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: i own lots of lac and pmet, i think this space has a huge runway ahead of it.
can you please give me 2 lithium small caps that you like that are more speculative.i get that pmet is very speculative as well. dave
Read Answer Asked by david on January 31, 2023
Q: Wondering your thoughts? New acquisition, new focus for the company, utilizing tax loss carryforwards is one of the goals. Recently on BNN, this was stated by an analyst.

This one is a bit of a departure from traditional earnings metrics stories we usually look at and is more of a special situation.
Aimia formerly had the contract to run Aeroplan, but then Air Canada cancelled that and ultimately bought the business back from Aimia. Since then, it is essentially a holding company, run by managers with a track record of value investing. It is essentially a public asset manager/hedge fund.
It recently sold its interest in PLM to Aeromexico for $541 million and this is where the story gets interesting. Today, the have interests in a few other companies worth around three or four dollars per share. It has cash of more than six dollars per share from its asset sales. Net of preferred shares, this gives it an estimated “sum-of-the-parts” of about seven dollars per share. The stock currently trades at $3.90, at just over half of its “fair” value, which we think makes it too cheap to ignore.
Sum-of-the-parts only works if management can do something to close the discount. It has $785 million of tax losses that can be utilized, and are in the enviable position of having a ton of cash to put to work at now very compelling valuations given the market sell-off. Since taking over the business, current management has been very active in crystallizing value. If it can’t find cash-flowing businesses to buy, it will continue to buy back stock, effectively returning cash to shareholders. In the past, it has done regular buybacks as well as substantial issuer bids.
Ultimately discounts like this don’t persist forever, and while we think you need to be patient, we also think it is aligned with shareholders as large personal holders of the stock, and that it will work to close the discount to fair value.
Read Answer Asked by Husseinali on January 31, 2023
Q: Hi Peter/Ryan when transferring shares from a Margin account to a TFSA is it better to make a transfer in kind or to sell in the margin account and take the cash to buy in the TFSA. In my case there is a gain in the stock in the margin account. Thanks, Nick
Read Answer Asked by Nick on January 31, 2023
Q: What is your opinion of Fidelity Conservative Income Fund Series B.
Is it a worthwhile investment if not could you recommend some options to replace it.
Thanks
Read Answer Asked by Reg on January 31, 2023
Q: If you were to consider 5 sector ETFs based on current price and future prospects, what would they be?

Please recommend your favourite ETF for each on the TSX unless it's only available in USD.

Would the beaten down USA sector (eg. XUU) be part of your thinking?

Read Answer Asked by Kevin on January 31, 2023
Q: Dear 5i team.

In a cleanup, what order would you sell these in?
Which of them are bankruptcy candidates in the foreseeable future if you had to venture an educated guess.

After watching XBC go bankrupt, these penny stocks seem destined for the same result.


Many thanks for your help.
Read Answer Asked by Arthur on January 31, 2023
Q: I've been watching ECN over the past little while through 5i and note that they seem to be one of your favourite companies due to strong mgt. Noted your answers to some questions on Jan 24/25 and you felt that they have strong upside potential over the next 12-24 months. How risky would you say an investment in ECN is....say relative to a company like GSY? Thank you.
Read Answer Asked by jeff on January 31, 2023
Q: I would like i5R thoughts on how to invest this year’s RESP contribution. Withdraws will occur around 2038. I am trying to decide between, DOO, DOL, ATD, PET, XIC & XIU. Do you have any recommendations or should I just flip a coin. Thanks … Cal
Read Answer Asked by cal on January 31, 2023
Q: I purchased AT at just over $8 for my TFSA slightly more than a couple of years ago and am down >70% since. It would need to appreciate by >350% to get me back to break-even. I have a long timeframe but given that - aside from the 6 month period between about Aug/20 and Feb/21 when the share price ramped up exponentially - AT’s historical price stays put in the +/- $2.50 price range, do you see any realistic probability of AT appreciating by magnitudes of order over the course of the next couple of years? I wouldn’t think even a buy-out/take over would provide that kind of premium. It just seems like dead money for the foreseeable future. I know you can’t personalize advice but in a similar situation (eg Growth Model Portfolio) would you take your lumps and move on or would you be inclined to continue to hold and, if so, for how long? Thanks.
Read Answer Asked by Bruce on January 31, 2023
Q: Of these three financials - TSU, IFC, GSY - can you please rank per the following:

- Management

- Long term growth prospects

- Moat (or at least its strength within it's sub-sector)

- Best current valuation

- Relative safety (least risk - especially in a weak economy)
Read Answer Asked by James on January 31, 2023
Q: Saw Andrew Moffs on BNN Monday discussing REITs and Real Estate companies. Looking for a 2nd opinion on these 8. Maybe just a ranking from 1 to 8 in order of preference for a long term hold. Yield doesn't matter, looking for best total return. Which ones look buyable at this time?
Read Answer Asked by Dan on January 31, 2023
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