Investment Q&A

Q: Your comments, negative & positive, on the take over of 29M shares of TSIG by CVC Fund V would be appreciated. With shares of TSIG now down $1.11 the market does not seem to like this deal.
Thanks
Dave

Q: If MX were taken out by another Company, what would you replace it with today?

Thanks

Q: What do you make of the recent announcement on Sedar (July 3rd) regarding Michael Wekerle's acquisition of more shares in Mogo? Can anything be read into this purchase? I suppose he's either expecting the stock to go up for some reason or is positioning himself to take over the company (if that is even a realistic possibility, which I don't know). I would be interested in your comments. Thanks as always.

Q: Can you explain why Fortis shows a negative free cash flow, and how this relates to its dividend? Is it because they have long term contracts in place, so they are able to predict further cash flows? When I compare it to Canadian Utilites, their free cash flow is positive. I feel like I’m missing something with Fortis.

Q: A recent BNN interview appeared to suggest that ecn had or was becoming a facilitator of finance rather than engaging in direct exposure to the finance obligations, collecting fees for arranging the engagement, and the TD notes on this Co indicate that it is becoming an originator and asset manager, which to me seems to indicate a similar strategy. Would this not make ecn more economically sensitive to the sectors it participated in and less affected by the passage of interest rates and how would this affect your appraisal of ECN?

Q: From time to time I like to refer back to replies to certain miscellaneous questions. It would be nice if 5i had a feature that allowed members to save questions.

Q: I would expect hydro one to sell off today. Do you think it is a buy at his time and how much of a discount from yesterday's close should one pay given the uncertainty that will exist in the short term? This would be held by a retired person in an income Rrsp account. Thank you.

Q: What are your top five materials sector picks at this time? Canadian and/or American listed. Thank you.

Q: Thinking on selling some (not all) of my Tourmaline and picking up a bit more Vermillion (likely top up VET so it and TOU are both about 10K each of my portfolio). Would you agree with this move and should I see more upside in VET over the next 36 months ?

Q: Hello 5i Team;
The significant drop in Zinc process is causing some anxiety. Would you please offer your opinion on the root causes, and any positive outlook for the future? Thank you!

Q: I hold ALA.R and it is now converted to ALA do you think it is worth holding and is the debt has gone down. I currently hold 2% do you think it should be increased to 5% now or should I sell and buy something else

Thanks for the great service
Hector

Q: Comments on earnings please. In your opinion, is there a lot of upside here? Any risks? Thanks.

Q: Are distributions from this reit subject to US withholding tax? Thanks

Q: For the past two years the so-called experts have been saying that rising interest rates will benefit the banks and insurance companies through a more favourable rate spread. Yet, every time the BOC raises rates share prices have gone down. Now the same experts are raising concerns that higher rates will hurt the banks as the rates will negatively affect the credit-stretched consumer. Seems like the experts are playing roulette and betting both black and red at the same time. Your thoughts?

Q: Transglobe Energy announced today that its common shares have been admitted to the AIM market of the London Stock Exchange and the shares gained ~14%. It has exploration and production operations in Egypt and Canada Can you provide your thoughts on its sustainability and its potential? Thank you

Q: Please suggest weighting for 9 sectors for a balanced Canadian equity portfolio. Exposure for US and Fixed income is elsewhere:
Consumer
Staple
Energy
Financial
Health
Industrials
Technology
Material
Utility

Q: Hi Ryan & Peter,
I have started buying Chorus Aviation. It looks good to me after the equity raise @8.60, but the market keeps sending it down, to about 7.20. It seems to have good fundamentals and some growth in the leasing field. May I please have your opinion on this stock. Thank you, Terry

Q: SJ stock continues to go sideways despite what appears to be positive news. CN has been announcing a series of planned capital improvements over the past month or two. Yesterday, they outlined plans for Ontario, including the installation of 380,000 new railway ties. New housing starts are up and I believe SJ has operations in both the US and Canada so tariff fears shouldn't be that strong.

I am wondering why this and other such announcements would not be reflected in the share price of SJ as it is a major supplier of ties (I am assuming that 380k is a lot of ties, maybe it isn't). When CN released the last results they mentioned increased spending and the new CEO seems to have ramped things up as well, so it this old news and already reflected in SJs price?

Appreciate your insight.

Paul F.

Q: If you could pick two stocks that have the greatest risk/reward to load up on what would they be? Sector and portfolio holdings can be ignored in this case.

Q: Could you please give me your opinion of ARX? Couple of recommends on Bnn. Could dividend.