Investment Q&A

Q: Dear Peter,

Don Vialoux has spoken a few times, most recently on BNN, about the behaviour of the market in mid-term election years. He suggests an interesting pattern for these years: that the market takes a dive in January and then rallies between February and April. From April until October, the market takes another dive, and then begins a huge rally from October to the end of the year. His data goes back approximately 60 years. I realize that 5I believes in long term value investing, and not technical analysis so much, but I was wanting your opinion nonetheless on Mr. Vialoux's thesis.

With all your experience in the market, have you noted such similar co-relations, and if so, how would you play the position with the higher risk stocks in your portfolio? (My view would be that it would be a good time to add to higher risk companies which are essentially solid otherwise, but are experiencing volatility, and to hold down the tent on the conservative parts of the portfolio.)

Your opinion is much appreciated. Thank you.

Q: Hello:
Can I have your opinion on Enterprise Goup (E)
Thanks: Jerry

Q: I was wondering if you are familiar with MOB.UN? It had quite a spike on the increase in the dividend after acquiring some hospitals in Brazil, but has settled back to a 10% yield. Do you think it is ok, and any comments on the parent company? Thanks for the great info here.

Q: My Question is regarding Aberdeen Asia Pacific Income Fund (FAP.to). What is your outlook on this stock in terms of both pricing and liquidity. I have existing holdings, like the distribution however am uncomfortable with the performance over the past year.

Thanks

Todd

Q: Re PWT...I've been holding a losing position in Penn West for some time now and hoping that the new board members would turn it around, but have now lost some faith here...do you see any up-side for ,2014 and if not.. where would you go in energy (I already hold SU, TOU, WCP, CPG, EGL.un, PGF in energy sector) ...thanks

Q: New video feature - what a great idea. Bravo.

Q: re-Bombardier-18 billion in sales-3.4 billion in cash. 69 billion backlog. Yet it seems to be the most poorly run company in the country. Any other company making as many mistakes as them would fire the management and replace the CEO. What is it going to take to shake up this company. I say hire Alan Mullaly from Ford. Your comments. thanks

Q: If it's too good to be true??? etc... Could you please comment on SWIR and the whole M2M & IoE thing.

Q: re: CSU... read your report and thank you for that. Share Price at the time of your report (Oct 2012) was around $104, yield at $1, it was priced then at 15 times earnings and you estimated adjusted earnings would grow to $8/share in 2013. Was this growth realized and do you consider this an expensive stock at it's present valuation?

Thank You

Q: Hello Team,
Just came across this article in The Telegraph and it fits in with my thinking and why I invest independently and rely on the 5i Team for additional advice. Fellow 5i members may find it of interest.

http://www.telegraph.co.uk/finance/personalfinance/investing/10636217/Terry-Smith-Investors-are-their-own-worst-enemies.html

Kind regards,
Ronald

Q: Hi Peter,

What's your take on CDE? Thanks for any feedback.

Q: Evening Peter,

What are your thoughts on Rio Alto mining (RIO) ? At the current p/e of 4 this stock looks cheap with excellent upside potential.

Q: Hello,

Rmx just got 75 million in financing and feel that they need to get an additional financing for 100 million to complete the mine and be in production. Could you give your thoughts about the financing deal. If their projections and timelines are correct what kind of company would this be comparable to that is currently in production. Last one, why do you think management has so little skin in the game?

Thanks in advance,

Arturo

Q: I have been reading about China accumulating major gold reserves and that the recent purchase of a large bank building in NY city contains a huge gold storage vault. Do you agree that the US monetary system is going to be challenged and are gold streaming companies a good buy? Any recommendation?

Q: The market has responded very positively to HCG's results. Is it too late to get in? If not, what timing would you suggest and for how long of a hold?
Thanks!

Q: Just Energy spiked up over 10% Friday, was there some news that warrented this price increase. What are your thoughts on the stock

Q: ZHY has been a stellar performer over the past few years. Do you think it is still worth holding?

thanks

Q: Hello,

I would like to purchase Stantec in my RRSP account and I noticed that they trade on the New York stock exchange. I believe the Canadian dollar is going down. Would you recommend to buy this company in the states or should I get it on the TSX? Is it a good time to buy it at the current level or is the growth going to slow in the coming years? Many thanks

Greg

Q: Hello 5I Family. I am sure there have been questions asked about CGI Group, especially lately. The symbol I have is "GIB" yet it comes up no questions asked in "search by Symbol."

Could you please clarify & ty

Q: Thanks for the answer on div of the banks

I found this blog that seems to have done a study of all of them big ones

http://spbrunner.blogspot.ca/2014/01/bank-of-nova-scotia-2.html

perhaps needless, but still to say that I am not associated in any way with that blog and cannot vouch for the accuracy (or lack of) of the info there