Investment Q&A

Q: Good morning,

Natural gas prices have been trending lower recently due to increased supplies and lower demand.

What are your thoughts on price direction going forward and what would be your favorite names that would benefit the most if we are indeed approaching a bottom in gas prices. I would like one small to mid cap and a large cap that would provide the greatest leverage (% price appeciation).

Also I would appreciate one name that you think would benefit the most from the lower natural gas prices in the near to medium term (lower feed stock and higher margins)

Thanks once again for your wonderful investment insights!

Tom

Q: Good day. I would first like to thank you for your service and unbiased advice. It is a great service and I have been very happy with everything you do.

This is mostly a strategy question regarding portfolio allocation in regards to too much energy sector exposure.

I have had to much exposure to energy mostly due to my wife receiving options and some private investments that went public. With your advice I have been adding exposure to other industries, but I am still heavy with energy. I am patient and don't mind waiting out the ups and downs.


Do I take and loss now and re-allocate to other sectors?

Do I keep these stocks and wait for the market to come back?

Do I leave these stocks but stay in the sector and add BDI or Surge?

Basically, if other companies may improve better than the current listed stocks, do I take my licks now and move on. I am underwater on TEI, LXE, but I am a bit above with PGF.

I am overweight PGF and TEI. LRE I received through Crocotta, and I don't know if it can weather this storm?

I am a long term investor and I am sometimes too patient.

Thanks again for you guidance.

Q: I currently hold these 3 pipelines in equal weight and want to reduce pipeline exposure. I consider Enbridge a core holding, so looking to sell one of the other 2. In terms of future prospects and diversification (least similarity to ENB business lines), which one would you recommend I keep, or should I simply reduce each by half?

Q: I hold VTV.US...it is a vanguard value ETF. It has done very well by me...any thoughts on VTV? Any other US ETFs you might suggest I look at.

Q: I have owned GRT for over a year and it has made a nice gain in the last several months. What I just noticed is there is a small withholding tax for US dividends, it's very small but since GRT is registered on the TSX can you explain. Also do you recommend a hold on this stock or should I take profits. Thanks as always.

Charlie

Q: Why is it underperforming others like Atrium. Down 20% over 2 years. What is your opinion for it going forward. I hold TMC, AI and MCAN to diversify the risk. Also what are your thoughts on MCAN which is also a fair bit off its highs.

Q: Hello 5i Team,

A co-worker is basically starting out on the investment journey and I mentioned your expertise in portfolio development/management. My question is, can you recommend a group of ETF’s that would offer good diversification (international included) with little maintenance. The idea would be to have the basic structure there and as more funds become available he would just add to them. I think this would be a good start. I recommended he become a member so his investment knowledge grows over time with the portfolio, the portfolio is approximately $100,000.

Thanks,

Q: Shire has offered me $46US per share. Would you recommend sell or hold? My position is small.
Sorry to ask something outside your specified scope but, as an inexperienced investor, an advice is very welcome.

Q: Hi Peter, I wrote a few weeks ago but haven't heard back so I will try again. Also, up to you if you decide to publish but any assistance you can offer would be appreciated.

My Father-in-law passed away in 2009 and since everything was co-owned with my mother-in-law we did not have to go through probate. Subsequently, we have now located a number of old stock certificates in his name only. We have been advised by his lawyer that we will need to register these certificates at probate in order to have the ownership transferred to my mother-in-law. Most of the certificates are nearly worthless, However, he had certificates in Young Davidson Mine which was taken over by Aurica Gold last year. He purchased 1,000 shares in 1984. Through various takeovers we believe he would now own 789 shares of Aurico Gold today so it is certainly worth the time and expense to get these shares registered in my mother-in-laws and surrender to Aurico gold. Could you tell me how I can find out what the value of 1000 shares of Young Davidson Mines would have been at the time of his death - December 26, 2009 - this is requried in order to file the probate with the courts.
Also, he had purchased 10 units in 1991 for $10,000 of Lakewood VIII Limited Patnership (National Trust Company is listed as the Registrar and it states the subscription is acepted by 170944 Canada Inc as the General Partner). Any ideas how I can find out if this is worth anything? I haven't had much luck on the internet.
Peter thanks for any help you can porvide to me so we can finalize the estate. I must say it was pretty cool finding all these old stock certificates in the basement and I am sure other boomers are also encountering this as they clean out their parent's home. Might make a good article for Money Saver - what to do with old stock certificates.
Thanks again.
maggie

Q: We have a bond that matured and want to invest in another bond in the RIF which is mostly fixed income. Have XCB and 8 or 9 individual bonds in that account. In the context of which one of these is the safest (most likely to be around to pay the principal back at the end of the term), which one would you pick.
Precision Drilling 15-mar-2019 6%
Sirius XM 23-apr-2021 5.4%
Great Canadian Gaming 25-jul-2022 5.65%
Crombie REIT 30-sep-19 4.3%YTM

Q: Hello. I while back you had mentioned that you were thinking about adding a "Growth Portfolio" to your service at 5I. Is this in the works for 2015?

Nicholas

Q: On BNN Thurs, Jason Donville stated that ESL is fully valued and hence would not recommend buying it. He also stated that it is a good well run company. Do you have any comment on this?
Gary

Q: I have held this company since October and it has not gone anywhere. Would you recommend to continue holding or alternately sell and buy Amaya? With thanks. Bill

Q: On an earlier post a few weeks back you used non-GAAP earnings when commenting on the quarter 0.97 cents.
Looking at forecast estimates on the TMX website for the next quarter it seems they also must be using non-GAAP earnings. It is confusing to me when in other places EPS is shown as GAAP earnings. Why use non-GAAP? Which is better when calculating PE etc?

Q: In reply to an earlier question, it was stated that earnings missed badly. Please clarify. Expected earnings was $0.86 versus actuals of $0.89 (both expected and actuals were adjusted, e.g. for the Shire break fee, etc., which is reasonable). Also, given the share price drop, would you now rate it a buy? Thanks.

Q: http://affaires.lapresse.ca/bourse/201502/06/01-4841757-amaya-manuvie-dorval-au-coeur-de-lenquete-de-lamf.php

Just wanted to mention this February 6, 2015 article indicates no Amaya employees are involved in the AMF investigation concerning Amaya.

Q: I am a new subscriber and I tried to put <Sylogist> in a watchlist and it would seem that the symbol SYZ is unkonwn.

Where does it trade

Laurent

Q: Could you give an update on go gold now that they have been in production for about 6 months, your opinion on management and other developments they are working on. Thanks

Q: Hello Team
FLY is a mystery to me. They put a couple of airline heavyweights on their board, they have patented technology, they have been certified to install the technology with a couple of large aircraft manufacturers and yet the only news they have is about a debenture extension. What gives ?
I think something is amiss. I don't believe Rob McWhirter is holding them any more. He didn't have much to say on BNN last time.
Can the 5I team shed any light on this company

Thank You for your help
Clarence

Q: Good Morning,

Solium Capital has dropped into undervalued territory (according to the Royal Bank). It is a technology company, has a lower Beta, derives its revenue from recurring software licensing fees, has a global presence - Canada, U.S., Europe, Australia - has positioned itself for continuing growth, and has a great management team which has a track record of successfully growing businesses from scratch and then selling them. My question - will Solium be a likely takeout candidate in the coming quarters?