Investment Q&A

Q: Hi Peter and team,

People are painting a doomsday scenario for gold to fall to somewhere near $1,000. In this scenario what should be the strategy with regards to gold or base metal stocks. Unfortunately my weighting right now is pretty high and I am down in almost all my holdings like ANV, CS, ENT, NXX, PTQ and LYD. Should I sell all of them and take about 12% of portfolio hit or stay invested in these and hope for the best.

Q: Hi Peter, just a follow up comment to the Becker Milk Company (BEK.B) question that was asked earlier. I am fairly certain that the bulk of the business is renting space to Mac's (owned by Alimentation Couche Tard), and that they don't operate any more Becker's convenience stores.

It might be a bit small for your coverage, but it ticks a few boxes, such as no analyst coverage, no debt, nice dividend (with special dividends now and then), and large management ownership.

With regards to the possible takeout, my initial thoughts were that Couche Tard would get sick of paying rent and buy them out. I am now thinking that it would be a decent way for a REIT to make inroads with a large potential tenant. Does that sound reasonable, or am I way off base?

Q: Hi 5i. Could you tell me why U (Uranium Participation) is trading down at $4.88 but on March 31 they estimated nav of $5.74. Is it a buy when the difference gets that much. Thanks

Q: Hi 5i Team,

I subscribed to the service, which I really enjoy by the way, in December. I have started to work on building a "5i" portion in my RRSP and TFSA. My plan was to over the course of the year attribute around $3,000 per month to 5i stocks until I have 20 selections. Unfortunately the stocks I have chosen for the last 4 months have performed pretty badly and I am off around 7% YTD. I picked CFN, PKI, WIN and LIQ. My next investment plan is for May. With that said, should I:
1. Take my licks and sell any of the above?
2. Buy more of any of the above to average down?
3. Buy another stock? If so which would be your selection?

Q: Hi Peter & Staff;

I watched Ret.a for almost a year and then when it hit 11.50 i bought 1000 shares. I researched the financial statements, phoned the ceo,and all due diligence. I considered the arrival of target,and asked many ladies if they had the same class of clothes,and the answer was a blunt no in most cases. Shortly after I bought it started the decline and is 8.25 this morning.
I read in the notes that they are buying back shares. D you think this is driving down the price?



Regards
BEN

Q: SES Do you see any reason(s) for the big spike in volume today for Secure Energy Services?

Q: can you please tell me your outlook for ibi 1-3years

Q: elr can you tell me your outlook for this company in1-3 years

Q: hi 5i,
was looking at capstone infrastructure corp. i like the dividen
is it safe at a 125% payout ratio ticker is cse.

Q: Hi 5i Team, can you give me your comments on Versapay, VPY. i have wanted to take a position for a while and it is pulling back now. What is causing the pullback and any thoughts on good entry pt?

Q: What do you feel the future holds in the next 6 to 12 months for BAC and MFC?

Q: Would appreciate your opinion on ORT. I have held this for over 2 years and I guess I'm wondering if its still worth holding.

Thank you

Q: Good morning....today BNS utilities outlook suggests a target price of $20.00 for CPX...which would suggest dead money for the next year. Would you suggest getting out now and perhaps buying IPL? or do you have faith in CPX longer term? thanks!

Q: Good Morning 5i Team....
AIF looks oversold below $8 with a +7.5% yield which according to BMO Cap. looks mostly secure. Any comment here?
Thanks Smokey

Q: Do you have an opinion canexus ticker cus? it pays a good dividend. Thanks

Q: Still a bit confused about the rating system. Following up on Mike's question about the letter-grade rating system, I have this question. Sylogist SYZ is rated B- and Amaya AYA is rated B, both reports at roughly the same time, Aug/Sept 2012. Does this mean that SYZ is lower "quality" than AYA or that it has more "upside potential" than AYA. Everything I read in the reports indicates that AYA has more upside potential and greater risk, which I interpret as lower quality?

Q: You recently answered a question with this comment: We believe no more than 20 stocks need to be held overall. My question is this: Is it considered OK to hold a particular stock in several accounts, e.g. RRSP, TFSA, RESP, non-registered, or should I limit the one holding to one account? If the second option is chosen, it would be tough to limit the number of stocks to 20 or 25.

Q: An earlier question asked about BNS, and it was suggested that TD be considered for its US exposure (for the recovery).

Would BMO also be recommended, as it has considerable US holdings?

Q: Can you clarify the 5i rating system (A+, A, etc.). Does the score measure safety, value, or other.

One of the company reports included the following:

"Nothing wrong here, but we are lowing our rating one notch because of rapid share price gains since we started coverage of the company."

This would imply that the rating is value based. If this is correct, would 5i consider using a safety measurement? (Value is very subjective).

Q: Hello! I recently bought ba for stability and a good dividend return, however I am now in the red. I only have 200 shares and am now down 150.00. Does it make sense to stay in the red just because of the high dividend or should I just move on ?