Investment Q&A

Q: Hi,

I have about 8% of my portfolio in WPM, LUN, DPM and FCX. Wondering if you think I should add 3% in steel?

If so, which US or CDN companies would you recommend? STDL seems to have the best long term returns but I've heard their earning are expected to go down next year?

Q: I bought a few shares of this because I liked the concept. Now I am down about 95% in a registered account so no tax loss opportunity. Is there any point in holding. I think I have enough value left to buy a couple of salads in a nice restaurant. Thanks as always for the great service

Q: hi,
are GOOGL's Q4 earnings always announced after market close on Friday? should we be worried they might be trying to bury bad results and/or bad future guidance over the weekend?

Q: Jim Chanos (Shorts) said on CNBC yesterday that it is a no Brainer to buy APE since there is is a proposal to convert all APE shares to AMC in March at Face Value. APE is trading today at $2.35 &AMC at $5.11.
Sounds too God to be true???
Thanks!

Q: Hello 5i team,
GUD seems to be a self induced zombie stock. It has not moved for the past 2 years from it's ~$5.40 level. It had an earnings beat in the last quarter but as you mentioned in a past question, the EPS is very low.

Do you know when they will have their next quarterly earnings?

I tend to hold onto stocks when they have access cash for a long time (that is why I held even when you gave the order to sell), but like QTRH, they seemed to have not done much of anything for the shareholder. After holding for ~5 years, I am giving them another quarter to see if there is any movement but will probably drop them if nothing happens.

Andrew

Q: Hi there,

I know you can only generalize re portfolio makeup - I’m up 75% on this stock and it now makes up 7% of my fairly well-diversified portfolio…do you think it’d be appropriate to trim back to 5% at this point or stay in this weighting as everything I’ve read about this company seems very positive in the near term?

Thanks very much.

Q: Eglx has seen some good gains last few days. Anthing driving this. Thanks John

Q: With the exit of EGLX from the Growth Portfolio, if one is following suit and also removing it, what would be a few replacement ideas for the liberated funds?

Q: Good Morning,
I am under water with both isv and et and would like your opinion on their growth profile for the coming year. Also is there any possibility that they might increase their dividends this year? Do you think that et might give a special dividend this year?
Also, I am considering investing in gei. What do you think of this company?
Thanks for your advice.
Jane

Q: Hi
I know that there has been lots of discussion on 5i about the cost base for Topicus when it was spun out from CSU. However, I've reviewed the questions and forums and I'm still confused. TOI has been sold in a non-registered account and now I need to determine the cost base for tax purposes. The brokerage shows $0. Is there a consensus on what the TOI cost base at spin out should be? Thanks for providing some clarity!

Q: I notice that utility ETF are in the low range of 52 weeks.Considering interest rates and economic context ,is it a good time now to invest in utility ETF (or even in utility covered call ETF in order to limit the present volatility ) ? any ETF suggestion ?

Q: Is there any downside to the deal between LAC and GM announced today that an investor should be aware of?

Q: I'm still holding on to this company hoping for them to make some fantastic deal that will shoot their stock up but I plan on selling it tomorrow unless you know of any reason I should hold on longer.

Q: Hi,
I was bit surprised by your answer to Kevin's question today about your sector preferences. You had chosen the following: XIT/XRE/XFN/XLY/XLV.

I thought given the current possible recession scenario lurking in the background and also from your own answers to others, you would have chosen XLP, soft or hard landing people need Staples to survive, XEG because of all the uncertainties, XBM/GLD as one expects demand to go up when China opens up. Plus as a hedge against the USD going down.

There must be a reason for your choice. I am curious to find what your rationale was/is.

Q: What would be your top 3 picks in the junior gold mining sector at the moment be and why?

Q: Hello
.Assuming an investor had a equally weighted NA Portfolio (25% each Index from 1993 to present : (TSX DJI Nasdaq S&P) . the annualized return combined and each respective decade was > 10.5% !!

Who needs to be a stock picker !

Would this have been possible back in 1993 ... IE where there Index Funds or ETFs with suitable MERs ? #investingiseasy

Q: if the primary objective is to maximize return, with minimal risk, over a 5 or 10 or 15 year time frame why would you consider stock picking over index funds? Personally i do it, using a barbell approach, because I think i can beat the index in some capacity.

But if you believe the general consensus that index funds vastly outperform active funds or stock picking why should we try?

Q: Do you expect the US will raise interest rates tomorrow and if so how will the stock market likely react ?

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

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.