Investment Q&A

Q: I'm looking at the latest financials for Crius. I'm seeing a big drag on cashflows from investments in working capital. It looked similar in the previous Q1, essential this working capital issue is eating up all their operating cash. Further they are "lending" out money at high rates which is draining their investing cashflows. Finally they are borrowing money to pay the distribution. This doesn't look very sustainable to me. Can you help me make sense of this cashflow statement? Where is the actual money? When I look at the adjustments they make to derive distributable cash I don't agree that normalizing out the working capital investment is a good approach, looks like this is just part of the business. What will change as they grow to make this company capable of actually paying this dividend?

Thanks,
Rob P.

Q: Your thoughts on Comcast please.

Q: Real Matters look like a short. growth last year came almost all from acquisitions.trading near 4x revenue for a low margin, no net profit, marginal ebitda+ thin gross margins even after "growing" (doesn't scale well). Does this business do better when rates go down (refinancing) and shrinks when rates go down ? And thus why they recently went public ?

Q: Both companies still an interesting long term buy after "Acasta Announces Acquisition of ECN Capital's Commercial Aviation Business" ? Is this win-win deal?

Q: Hello 5i, any insight you can provide on this US company would be appreciated.
Thank you!!
Dave

Q: U may or may not folllow this us stock, but ur opinion is appreciated. Many thx.

Q: Hi, I recently joined 5i. I see a lot of remarks about full and 1/2 positions. Does a full position mean 5% of your portfolio?

Q: Could you compare these two ETFs for me. I'm trying to figure out what advantages CBO has over ZCS to justify the differences in fees.

Q: Can you please comment on their recent earnings report and long term prospects? I am slightly overweight and underwater. I'd like to see a 13 handle before I trim it back. Do you see that happening this year?
Thanks.

Q: I currently have half positions in these two companies. Can you please comment on the recent earnings reports and long term prospects? Are the dividends safe/could they grow? Time to add?

Thanks,

Q: In light of the recent good Q & your positive comments,but weak sector & "sell in May & go away",it is advisable to increase my 1/4 position(p/p $6.11) to 1/2 position? Thanks for your normal great services & views

Q: Thanks for your great service. In your response to Raj this morning, you state that "The ETF TXF has been liquidated (closed)." I currently hold this and it trades daily albeit at low volumes. Is there something happening to this ETF that I don't know about?

Q: I hold a few thousand common shares of Integra. What is my best option now and when should I do it? I have never held takeover shares before and will appreciate your advice.

Q: I have held POW for many years and am thinking about a switch, what do you think about selling POW and replacing it with FSZ?
appreciate your efforts.

Q: Given the recent pullbacks (profit taking on news) in companies which you like (KWH.UN, OTEX, ZCL, ECI,PHO and GPS), do all still represent good buys and are any more compelling buys than the rest.

Thanks

Dave

Q: some of the indicators i use are showing some strength in Kinross gold. can i please have your thoughts ?
thanks , ed

Q: I am down more than 30% on CRH on a small position. Is it still wort keeping or time to move on to better stocks..

Q: I am considering this ETF. What would be the principal drivers of performance for this ZCM? My understanding was that the return of corporate bonds more closely parallel equities compared to government bonds, but I see that in 2015, ZCM still managed to eke out a positive return despite the overall decline in Canadian equities. I also note that it has produced a positive return every year since inception. How closely correlated to stock returns do you expect ZCM to be? What is the likelihood of this product generating a negative return in any one calendar year, and what kind of scenario might have to play out in order for that to happen?

Q: Can you suggest an etf similar to XIN with lower fees that trades in Canadian dollars? The objective is to try and get some international exposure.

Thank you

Q: Hi 5i, can you please advise me if TOROMONT INDUSTRIES (TIH) is a good company to own for the next 3-5 years? This company had appreciation over 100% in the last 5 years and had an approximate gain of 25% in the last 12 months. With the price being around 9% below its most recent high, would you think that it would be a good time for an initial purchase? or can you suggest another company you would recommend in this sector, Thank you for all your help!