Investment Q&A

Q: If you check a couple of well read investment blogs you will find several posts suggesting 5i research is working with shorts - see TSGI, RHT, COV. You just removed COV and Largo from your portfolios. The performance of many 5i holdings in abysmal. Your recent interview suggests one of many investor errors is holding a poor performing stock for too long. It is no wonder so many mutual funds underperform the broad market when they hold all sectors and keep dogs way too long. Please explain 5i position and why you continue to add companies that are either dump and pump or poor managers.

Q: hi, 5I
Your response to a question about buying that stock:
We would be comfortable buying BEP.UN today.
My question is what parameter(s) are you rely on to say that, apart the fact that it is doing new high everyday (I like the change from limited partnership, and the market also )
But this is a one time, and it seems very expensive to me.
Your detailed answer would be very appreciated
CDJ

Q: I notice that when asked 5i is able to give the payout ratios to members seeking companies(reits banks pipelines utilities etc) that provide. yield but more importantly the sustainable payment of their dividend/distribution. .. the payout ratio for me is a key metric when making an investment decision. it would be most useful if 5i could include payout ratios as a regular part of their metric checklist thanks Richard

Q: So a little birdie told me this mortgage fund has paid and continues to pay a 12% dividend "steadily going back many years now." Could the 5i team take a look at this and tell me about this investment, what it holds, how it consistently delivers, the risks involved and whether the tooth fairy really does exist - respectfully - Ken

Q: Transcontinental and Lightspeed are my 2 Tax Loss candidates this year. I intend to buy back LSPD. Is there any compelling reason to buy back TCL?
Thank you

Q: I’m even with this stock right now only have 300 shares should I sell now?

Q: Hi 5iR Team, TD puts out a monthly consolidated report of its stock coverage universe. In the Sept. 30th report I looked at their Junior/Intermediate O&G stocks. I noticed that if I arbitrarily picked an upside % of 70% i.e. current price and TD's Target Price there were 13 stocks. The lowest was TOG at 70% upside and the highest NVA at 152%. In addition, some of the stocks like WCP and FRU are yielding 8%+. For me as an investor this is compelling data. Lastly, reading further into the report TD's O&G sector thinking as stated by their senior analyst is not Bullish. In other words TD does not appear to be exaggerating the facts, attempting to make some case for investors buying O&G stocks.........but the analysts in the field certainly feel incredibly positive on a number of Junior/Intermediate names.
How do I sort this out??
What would be 5iR's top Jr/Int. O&G picks?
Thanks team. Cheers, Chris

Q: In yesterday's update there is a reference to an article featuring Peter..." five sins investors should avoid" (click here to read full article)." but the link takes you to an advisor only section of the Globe. Do you have another link?

Q: Good morning 5i
I cant seem to find the date of the split? And is it correct that the shares are best held in a RRIF ?? Or RRSP ?
Much thanks

Q: I own only these two companies in an unregistered account and need to raise some cash, so I need to sell either a 1/2 position of one or 1/4 position of each. Both holdings are up substantially (100% and 80% respectively). Based on continued future growth, do you have a suggestion of how I should proceed? Thanks so much.

Q: Given the fact that CNR has announced layoffs due to a slowing economy how do you this affecting the stock's performance over the next few years. Thank You.

Q: I am Canadian citizen/resident who owns both BEP.UN:CA and BIP.UN:CA within my TFSA (at TD-Waterhouse). After receiving the new shares related to both of these holdings, should I keep all four securities within the TFSA, or should I consolidate into one of the other type of security (and if so which one)? (I don't mind paying the transaction fees if this helps simplify things.) Also, I currently hold both positions within the Canadian dollar portion of my TFSA, but I can move these over to the U.S. dollar side of my TFSA, if this makes more sense to you, in advance of these spinoffs.

Ted

Q: whats expected from ENGH in the coming quarter?

Q: I found your answer to yesterday's question from Wes of interest. You indicated that "This strategy also assumes there will be no change in the capital gains inclusion rate in the next Canadian budget."

Do you recommend that investors take action now to avoid possible capital gains tax changes in the next budget? If yes, what actions would you recommend?

I have read in the news that "rich" people use family trusts and offshore accounts to avoid taxes. Are these appropriate for individual investors? At what asset levels?

Are there any other mechanisms which you can recommend aside from RRSPs and TFSAs to help reduce taxes for individual investors, and to avoid any possible future capital gains tax increases?

Your advice is greatly appreciated. Thank you for this excellent service.

Q: Hello 5I
My holdings include, with total portfolio weights::
ATD.B (4.65%); BYD.UN (5.65%); CP (3.65); CSU (3.50%); GSY (4.6%); WSP (4.20%); ZEM (4.5%)

I have concern about a possible recession and economic slow down, and I would like to structure the equities in my portfolio with a bit more of a conservative and defensive tilt.

I otherwise would want to keep these positions but do you see any of these 7 being less conservative and defensive? With my objective in mind, should any be reduced or eliminated?

thanks for your excellent service.

Q: What is your opinion of this gold stock. McEwen past Gold Corp founder recently made a large investment. Does the recent pull back represent a good buying opportunity. Thanks for your advice.

Q: I think I need to increase my Industrial exposure by adding one more company. I have 4% in each of CAE, CNR, WSP. Perhaps one more at 2 or 3%. Any suggestions?

Q: Hello 5i,
I am currently holding CBO at 2.3% portfolio weight. I would like to exchange it for XCB with higher yield and apparently not dropping like a rock as CBO has done. Would this be w worthwhile exercise, can you suggest a better alternative, or should I just leave things alone. I would be taking a $1,500 loss on $30,000 a holding.
Thank you for the great service
Stanley

Q: What Canadian energy (oil and gas) companies (stocks) have the best cash flow, in other words 2 or 3 times or better cash flow of the best 10 stocks?

Q: What are your thoughts on this company?