Investment Q&A

Q: Further to your answer dated March 5, 2015 on QIS (Quorum), the company released results today for the quarter ending 31 March. I had previously accepted the Investor Relations reasoning (excuse?) that that QIS shares were down because it is based in Alberta and the fact that its customers are auto dealers. Today’s release showing a worse bottom line on higher sales doesn’t enhance confidence unless there is a valid explanation. Is there?
QIS’ software products are excellent and are much liked by auto-dealers and manufacturers. Although this micro cap is too small for you are you able to comment on management ability and trustworthiness? QIS has an excellent business model and reliable software packages according to software execs. Would you consider QIS attractive at its current price or would you move on?

Q: Can I get your opinion on this fund maw150 global small cap for a Tfsa.

Q: hello 5i:
We have a fairly well diversified portfolio, with the exception of Consumer Staples and Health Care. I have initiated a position in GUD at about 1.5% now. I am keying on Health Care in this question: as we are not (really) growth oriented, Health Care stocks in Canada are difficult to find. Please comment on which of these you consider the best value at the present time: CPH, CRH or PHM. I really don't want to bring the holding in GUD up higher, even if it does have more potential than the others.
thanks
Paul

Q: I'm a new member. Looking at your portfolios, would you suggest that someone who wants to take a position in one of your portfolios buy the listed stocks at roughly the listed allocation? Or is there an element of these portfolios being geared towards investors who bought in at the portfolio start price or ACB?

From some of your recent responses I'm gathering that you sometimes let growing stocks grow in allocation percentage. For example, CSU looks like it has had a great run and is 6.8% of the BE portfolio, but it looks like it may be highly priced (only looking at price relative to recent past). Do the listed portfolio allocations apply to new investors who are taking a position in the stocks in the portfolio?

Q: Any thoughts on the medical marijuana space?

Q: your thoughts please brian

Q: Hi Peter and Team,
Can you please provide a few suggestions on water related stocks that trade in Canada (TSX or Venture)? I'm looking to allocate a small portion of my portfolio is this sector for the long term. Small - Mid Cap names would be ideal.

Thanks,
Erick

Q: Hey Peter & Team,

Have approx 25% cash on the side and am waiting for something of value to appear.

I have been watching Whitecap closely and noticed today @$14.04 it is trading below it's 200 day moving average ($14.08) and considerably below it's 50 day moving average ($14.47)

At the same time on a technical basis it has been showing higher lows and higher highs since it's low point Jan 12.

Please provide advice regarding whether now would be a good time or not necessarily a good to take a 5% position and why you think as such?

The balance of my portfolio contains 7% in O&G. (TOU & BTE) and I recently put new U$ money into BP (20% of my US portfolio) @ $39.64.

As always, thanks for all you do

Gord

Q: The consensus seems that bond funds will tank when rates rise. I own a chunk of PH&N High Yield Bond Fund and an ETF Bond Fund - XHY. It seems to me that the active managers will position themselves for a rate rise so how do you see these two reacting when the inevitable day comes>
Thank you.

Q: With CU being at a 52 week low and it's long history of raising dividends, I am wondering your comments on purchasing a small position mainly for income. Stability, and increasing dividends are a goal. We do own FTS and EMA, TRP and PPl and wondered if adding CU would give some worthwhile diversification within the utility space? Are there risk factors of concern?
The continuing education I am getting through 5i is so very helpful. Thanks, Len

Q: Can you comment on Shopify?

Q: I need US cash, which one of the 2 above should I cash in?

Q: I currently have 26 holdings in my portfolio.I am down on BTE, CVE and CPG. My only other energy stock is WCP ( a hold ?) . I am getting impatient with the energy recovery. Do you think I should hold these and wait it out or should I dump them? If I had to dump just one or two which would you recommend I sell?
Thanks in advance. John

Q: Can you explain the difference between zwh anb zwh.u and your opinion on both

Q: In an RRSP thinking on Alaris or Freehold looking at a 5 to 10 year hold..Or to add to my Parkland fuel position..
What do you figure??

Q: following article discusses recent portfolio changes made by the Direxion iBillionaire Index ETF.

Please post this if you feel it is worthy...

http://www.benzinga.com/general/biotech/15/05/5532607/billionaire-tracking-etf-just-bulked-up-on-health-care

Q: Can you please comment on the biggest risks you see (outside general economic environement) for this company?

Is their portfolio protected in case of a rise in interest rate ?

Can you please comment on management compensation (note 17 of the last q4 fs) and options granted. At fist glance it seems high vs revenue and profit generated?

Thank you

Q: Tog has gone down a lot what is your view with this company now , I got out At $10.43 but thinking about buying back in ,what would be a good re-entry $ .
Dose it still have a Div.
Jim.

Q: 5i team,

Pursuent to my previous question. Could you recommend your favourite ETF for each of the market sectors? I am ambivalent whether these are CAD or US ETFs you choose.

Thanks as always.

Q: Hi Peter
I am attempting to reduce the number of smaller holdings. Which
one of Gibson, Teck or Trican would you keep for long term growth and income?
Thanks