Investment Q&A

Q: Morning 5i Team,
Given the recent developments initiated by Biden Administration designed to prevent China from accessing US chips and chip manufacturing technologies, how would you assess these development's impact on US chip makers' business going forward.
Cheers,

Q: Given a competing offer will not be coming and it from my math it seems YRI current price is not really showing any discount (you can take a look) to the current offer, would you suggest its time to move on and look for a replacement. Any suggestions besides AEM/BTO for safer precious metals holdings who are paying a decent dividend.

Q: Could you comment on the sale of Summit, including:
1) is this largely a done deal?
2) are shareholders being bought out for cash, with no option to obtain Dream
Ind. shares?
3) proposed closing date
4) do you think other offers might be forthcoming?

Thank-you, Grant

Q: Hello 5i,
Will Dir.un have to raise cash to close its acquisition deal? If so, what’s your best guess on when they’d have to do this. I recently tax loss sold Dir.un and think it better to wait on finance info to repurchase.

Tia,

Q: Thanks for your thoughts on CSU. As a follow up, are you concerned about 30X cash flow for 2022? Q3 cash flow was $897 million, add an estimate for Q4, and you get $1.3 billion for the year. Market cap of $38.9 billion gets you 30X CF. Too high in this market?

Q: What on earth is happening to ECN. It has fallen like a rock the past few weeks. Is there a reason for this precipitous drop?

Q: Will Nutrien's announcement yesterday on Prices Offering of an Aggregate of US$1 Billion of 2-Year and 3-Year Senior Notes have any long or short term effect on their stock price?
Is their present stock price a good entry point?

Q: For someone retiring in 10 years and looking to withdraw capital gains (already have high dividend payers)over the span of their retirement, what mid and large cap equities/ ETFs , including USA, would you suggest, in a non registered account . Thank-you

Q: You make reference to debt at CSU, How much is that debt and should we be concerned?

Thx

Q: Hello, I just read an excellent article in today’s Globe & Mail written by Norm Rothery. He discussed how a momentum investing strategy has significantly beat benchmark indexes for many years. I would not be able to run the numerous screens and perform the frequent rebalancing that this strategy requires. Are there any Canadian ETFs that follow a US or Canadian momentum investing strategy? Many thanks for the great service that 5i provides.

Q: Can you please comment on the market's negative reaction to RBA. At what price would you buy this company as a long term hold?

Q: With most stocks drifting lower, can you find and name a few stocks you like with good upward momentum? Doesn't matter of size/sector. Thanks.

Q: Please provide your comments of the quarterly report, and the outlook for BTE.

Q: Hi Team,
For this question I will reference TWLO, and Unity but really this is more of a general question. Unity used to be a past favorite. Now it seems, that 5i and the rest of the investment world is so negative on it. I am an investor in both these names and have been killed on them so far. Both were bought with a long term view in mind and both were considered at one time to be at the "heart" of future tech in their niche. Unity with the 3-D tech in gaming and other applications, twlo with its digital communication of things. Has this story really changed? Is it worth dumping these names now after 80% haircuts? In 10 years will we look back and say, Dam! Why was I selling these names and not buying? (oil stocks 2 years ago) . I note that Cathy Woods continues to buy both Unity and Twlo almost daily. Today she loaded up after Twlos big sell off. Same with Draft Kings. If she's buying them they must be considered on the forefront of future tech according to their firm. Not sure what her credibility is like these days due to the downturn, but at one time I thought her research was pretty good. Shes doing pretty much the opposite of the market right now. Who will be right in the end? It seems she will either be a hero at the end of this, or her funds will be toast one of the two. The market is a brutal place right now in the Tech sector and very frustrating. It's painful to watch the same analysts now dumping names where only a year or 2 ago they were praising the companies as innovators and pumping them for their future prospects in a growing digital world. It's not a wonder why people get to hate the stock market and trust no advisers. Some say big firms on wall street almost orchestrate this kind of thing, flushing out the little guy scooping up their shares so they can buy them on the cheap, knowing down the road they will make a killing when momentum shifts. (Conspiracy maybey, but sure seems to happen this way over time). Your thoughts on things as a whole would be appreciated. Thanks!

Shane.

Q: Can you please rank the above financial holdings by value, safety and growth. What would you recommend as a top US financial stock that has a significant moat?
Thanks!

Q: Can you tell me the debt levels and valuation of Kneat? It seems to have bucked the general downtrend for small caps lately, why is this? Is there a long revenue growth runway here? Thanks!

Q: 1. Would you replace the below funds with a 1-year term GIC:

RBF270 (RBC Bond Fund A) YTD Return -14.35 MER 1.05%
RBF266 (RBC Core Plus Bond Pool A) YTD Return -12.6 MER 1.06%

2. Would you suggest a different Mutual Fund for a fixed portion in RIF with a better going forward YTD return?


This is for a fixed portion of RIF with Mutual Funds.

Thanks in advance for your very valuable comments in this difficult market.

Q: Currently hold this ETF. Happy with the dividend but expect it may be adjusted down. Where would you see the "bottom" for the dividend rate over the next 12-24 months and what will influence it? What are your thoughts on holding this long term as an income investment. Or is it a "trader" ?

Q: Saw your "Five almost guarantees" Small caps lead the market higher.

Could you suggest 5 [or more if you wish] small caps to buy now?

Thank you.

Q: Why did HZU almost double in price today?