Investment Q&A

Q: I had a half position in Loblaws before the Weston spinout, so now I have a tiny position in Wn. I'd welcome your thoughts as to how best to proceed. Do I dump Wn and build L to a full position or fill out Wn to a second half position?

(Supplemental info: If you looked at my full portfolio, you would likely say I am rather long on banks and utilities and short on consumer stocks, though I do have some ATD.b and ADW.a. However, I am about to retire, so I am keen on fairly reliable dividends.)

Q: Hi there,
Is it time to sell of ARX? I bought it at $20 appx in early 2018 and its now at $10.xx?

It has a 13% weighting in my portfolio right now and it's just been a laggard.

Thanks!

Q: NRZ.us (New Residential). I have a loss on this holding. Share price has been more volatile lately. Although I subscribe to some premium data services , I have not been able to determine (not for sure) whether private placement(s) --- shares and/or debt--- depressed NRZ’ share price. Is this company a reasonably good holding based on what Bloomberg gives for : PEG ratio, Debt levels , ttm and forward P/E and dividend sustainability ? Would you surmise from your terminal whether or not NRZ.us has reasonably good prospects? Although I have checked data on sites I subscribe to, I am getting different data and differing ratios for trailing and forward P/E , debt to equity, and whether share or debt issues actually took place within the last month or two.

Q: Years ago I used to use liquid options on the TSE35 Index, but have been frustrated in finding a modern day equivalent for today's main Toronto Index.
I'm thinking there must be something available to at least partially match
the huge liquidity provided by the SPY options for the S&P 500, but have
so far never been able to find a Toronto Index alternative.
Thanks so much!

Q: Hi 5i,
Thanks for the reply to my previous question on USD etfs. I had also asked "What percentage weighting would you have for more growth, medium to high risk tolerance and long term hold ?" The etfs in question are QQQ, VOO or HXS, IPAY and IWO.

Thanks as always.

Q: I would appreciate an updated view on Edgewater Wireless Systems as a speculative buy. What is their debt situation?
Thanks!

Q: What is the consensus for Q3 revenue, adjusted ebitda and eps please.

Q: Why ETSY is dropping this much today? Could you please comment on their results and outlook. Would you hold it for long term?

Thanks,
Milan

Q: Should I hold on to NFI or sell, as the share price is dropping.

Q: What do you think of Yangarra today?

Q: Good morning 5i Team

NFI share price peaked in late March and has been been dropping since. The slide has accelerated since the Q3 report. Having read the report and listened to the call, I can't figure out what is causing such a sharp selloff. Here are four things that are noteworthy but still don't justify it in my mind:
1) new manufacturing plants (increased competition in the future)
2) Slightly lower backlog
3) Revelation that for every 10 new units sold, NFI typically takes 7 units in trade, and the re-sale value of trade-ins is declining, hurting margins.
4) Today's news (that the market has probably known for over a month) that 70 jobs will be moving to the US to accommodate the 70% US content rules.

I guess a fifth would be the overall market decline.

I've been watching NFI looking for an entry point. This looks like a good time but I feel that I must be missing something here. I would appreciate your thoughts before I pull the trigger.

Thanks. As always, your insights and guidance is much appreciated.
Peter

Q: I don't see any news on PEO (-5%) do you?

Sheldon

Q: In a previous answer today, you said you would be ok start a postion but not adding to it. How do you come with that ? If its under a 1 % of your total portfolio, doesnt that matter? this was a praised stock at $120 and it doesnt seem like much has changed.

Q: Hi can you provide your thoughts on BYD.Un. Seems like another high flyer is going down at a rapid pace

Q: On Saturday there was a press release regarding the results of a heart drug study and the share price of the company has bombed today. The results noted appeared positive to me however I am not an expert on the drug study details. Do you know why there is such a drastic adverse reaction to the Amarin stock price?

Q: Hi, Could you please post estimates for earnings release of tomorrow. Thanks

Q: Dear sirs,
Aside from previous earnings commentary, would you add to or initiate positions at these levels in Premium Brands?

Thank you,

Q: Would you please provide us with what the dates are for earnings announcements for all 5i portfolio stocks?

Appreciate your help.

Sheldon

Q: This Little Rock Arkansas-based company is not in your database or in that of Stockchase, which I find a bit unusual. May I have your thoughts? VERY high yield along with a 17% one year share price jump.

Thanks

Q: I want to derisk my portfolio somewhat, and purchase approximately 300,000 in GIC`s. I am thinking about waiting till after the anticipated Dec rate. Would you wait and buy them all at that time, or stagger the purchases ?