Investment Q&A

Q: Is this a reasonable partial entry point for a 2-3 year hold ?

Thanks

Q: I understand that Canadian rules are more lax than those in the US and that is one reason why they are shorting Canadian stocks. Also, that the hedge funds have underperformed in the last number of years,so this is another way for them to boost their bottom line.

Q: I would like your opinion of Sandstorm.
What do you think of the Yamana streaming deal?

Q: Please give me the debt level on the CHR and is their dividend safe.

Q: You provided some very useful information on CIG today but it was posted within greg's question re DH.

Your comments are worth posting within a standalone CIG question on the 5i site so here's stub for you!

Q: Hello Peter & 5i Team

Are there any hedges in place that will help support Surge and if not how do you feel the company is doing currently? Will they manage to keep the dividend at current levels or would it be at risk if oil prices remain at these levels?

Thanks for your valued opinion, as always.

Q: I have been watching the following three L-Brands, Ross Stores, Nike for about a year now,and I can not decide which one to invest in. Therefore, I would like any help you can give me to decide which is the one going forward.

Q: Hi Peter
I want to get into the technology stocks. ZQQ and IGM (US) have similar holdings but a huge difference in cost to get in. Do you think these ETF's have similar potential? Many thanks for finding IGM.
Cam

Q: Peter and Team:
What are your thoughts on this company? You did comment back when it was "Tweed", but that was a while ago, and prior to a Liberal Majority win. Is it purely a speculative play, or is there some substance behind the smoke?
Also are there other companies in this sector that may stand to benefit from the potential legalisation of marijuana.
Thanks

Phil

Q: Good morning,

I have been reading many more articles recently regarding the macro trend toward organic and non anti-biotic raised food. Major food chains such as A&W (thanks very much for the investing idea!) and now McDonalds (large restaurant chain in the world) offering meals with non anti-biotically raised animals.

Can you please provide your perspective on this as well as the best way for an individual investor to participate in this macro trend. Please provide best equity or other opportunities in this space either in Canada or in US.

Thanks as always for the independent perspective you provide!

Q: Hi Team
I have my full allocation of 30% bonds in the etf CBO, is this a good strategy, although I get dividends the share price is down 2.86%.
I was wondering if I should hold more than 1 bond etf.

Q: Do you think all roll up companies will sell off. I currently hold 3% ATD.b should I sell have a little gain. It is down today 2.50%.

Q: Hi, I am considering BXF (combined with CBO, VSC, XHY and VSB) for my fixed income exposure. They will be roughly equal percentages totalling 30% of my portfolio. Can I have your advice about this? Would the take over of First asset by CI affect the underlying etfs? Are there any fixed income vehicles for taxable accounts (I was considering CPD)?

Q: For those who are considering buying Valeant, I recommend watching what a Rotman School of Business finance professor had to say about it today, on BNN. I attribute little weight to many guests that come on BNN, because of conflicts of interest, but Ramy is a professor who I have met and trust. His financial analysis methods are certainly modern and respected. What he said about EBITDA was also interesting/worrying considering how many BNN guests use it to back their ideas. dishttp://www.bnn.ca/Video/player.aspx?vid=736200

Q: Hi Peter

What did you think about the earnings report. Was the lower reduction in working capital a red flag?
Could you please also comment on their knew joint venture

thanks Gord

Q: Hi 5i - a general portfolio management question:

Assume that I start with 20 stocks at 5% each. I have CPG, DH, CXI and AYA that are all down from the ACB. Say that those stocks mentioned are now varying from 2-3.5% FMV - assuming that I still like those companies (and the overall weighting in the sector makes sense), should I be putting new money in those stocks to bring the FMV back up to 5%? I am averaging down, but also re-balancing the portfolio - any suggestions?

Q: Are there any other roll-up companies that you see as potentially being at risk of a short attack? None of the tech consolidators have been hit - could they be next? I bought a fair bit of puts on OTC and GIB.A today just in case.

Mike

Q: A lot of short selling chatter around here. There is the case of Globo Plc a UK listed small-cap that immediately denied any wrong-doing last week before suspending their shares to formulate a response. Well the response was that the CEO and CFO resigned after dropping the bombshell that up to 60% of revenue was fictitious. Unfortunately I am still a holder of these suspended shares but fortunately a very small fractional position which was always thought of and treated as a "spicy ingredient" in my overall portolio. Sometimes there's really a fire behind all the smoke blown around by short-sellers.

My question is once the shares start trading again what would you imagine to be the response - with a potential 40% of revenue being "real" would you think this will survive ? An impossible question really but whatever opinion you have to offer is fine.

Q: Peter and Team,

What stocks in the Model Portfolio might fall into the category of "Roll-up companies" that seem to be getting attacked by short sellers lately?

Q: Well, BNN just reported that BYD.UN, EFN, CXR, STN, and to some extent CSU, are being talked about for shorting. Apparently the "theme" is to attack "growth by acquisition" companies. This is getting really frustrating!