Investment Q&A

Q: I know 5i doesn’t cover stocks outside of North America so please feel free to disregard my question if you can’t provide an answer. I currently have no direct exposure to Asia. Could you please rank Baba, JD and SE in a locked in RSP, 10+ horizon. I have space for one and since I’m happy with current valuations with the ongoing uncertainty, I would be ready to choose one. And could you please also comment on what would happen to the investment if it ever was delisted in terms of the access to the funds. Thank you!

Q: What is you analysis of this Sea Ltd adr as a diversified game, e-commerce, and financial services play for the Asian market. Also can you provide current PE and projected PE ratio going forward and any other pertinent financial info. Thanks so much.

Q: Hello,

I sold my shares in Alphabet a few months back (which I now regret!) and have some U.S. cash sitting in my RRSP account. I have purchased SBUX and MSFT but want to add some U.S. holdings. I am near retirement, however have a DB pension plan so I can tolerate average to above average risk. I would appreciate your suggestions.

Thank you!

Q: Currently have full positions in AMZN, SHOP and SE. What is your view of MELI? Would you advise peeling off 10-15% each to invest in MELI at todays market prices? How would you rank for growth over next 3-5 years?

Q: I wish to de-risk our portfolio. These are some of our holdings with high PEs [although that is not always the most appropriate criteria for risk assessment]. Would appreciate your advice as to top 10
(a) most at risk currently and
(b) great companies, even if currently expensive, that you have most conviction longer term.

Q: Sea recent earnings were impressive, wanted to ask your view? The long term prospect look very promising.

Q: When do you think we are going to see the market sell off settle down in some of these names? Is this panic selling by retail investors or a more troubling move by smart money out of these names entirely? I'm just finding it hard to imagine that the prospects for these companies changed as dramatically as the share price in recent weeks. Take NVDA for instance. I thought it was everyone's darling a few weeks ago when I bought it over $100 higher. I'm holding but it's hard watching these things fall so dramatically each day without reprieve it seems. Thanks.

Q: May I have your thoughts on taking new positions at this time in any of the above three names? My time frame is long term. Thanks in advance,

Jason

Q: Appreciate your prior "guess" on the odds of SE getting the banking license.
They have now been officially awarded a full digital bank license. What do you see next for the company?

Q: I see that ARK invest is selling some of their holdings of SE. I currently own a small portion of SE. Do you see any immediate risk? Is it still a good stock to hold today?
Also I have a little bit of SHOP. How is SE compared to SHOP? Should I keep both or get rid of one of them? or should I even sell my SE/SHOP and get AMZN? Thanks a lot

Q: Purely a speculative question but what do you think are the odds of SE getting the digital banking license? I like the company and started a position and see the banking license as a nice growth driver if they are awarded one.

Q: For the above technology companies there has been a huge pullback even though some have beaten nicely on earnings. Is this a buying opportunity for them or wait and see where the NASDAQ settles out before putting new money in. What is the reason for the pullback. Typical profit taking before Labour Day? Of the above Can you rank which you would put new money into first?

Q: These have had a run-up but would you recommend at current prices?

Q: Hi 5I team, I hope you all have had a nice weekend. I wonder how do you feel about the above noted company, buy-able? what is the risk associated with this name? Thanks.

Lin

Q: There were some questions about SE back in 2018, but wanted to get your thoughts in the current market conditions especially with the business in SE Asia and Covid?

Q: I presently have an investment made 3 months ago in this U.S. based company. I was attracted by the fact that it was acquired by Enbridge and pays a dividend in excess of 6 %.
What do you think of this company as a longer term investment ? After receiving 1 dividend payment and noting a 40 % withholding tax , I was informed by RBC that since the corporate entity is an LLC , it doesn't qualify for the 15 % withholding tax. I was also informed that the status would not change, even if transferred to my RRSP account. Does this seem accurate from what you know ?i.e. that an LLC does not qualify for a 15 % withholding tax and that if it were held within an RRSP , that it would still be subject to a 40 % withholding tax ?

Q: I am thinking of buying these two companies. What do you think?

Q: I am a long term holder of Spectra in my US acct. I am pleased with the takeover by Enbridge, especially with the long term dividend growth guidance. Do you know if I will be given a choice of US or Can listed stock? If I receive US stock would I get the dividend tax credit, and if not can I switch to Can stock without triggering a gain? What do you think of Enbridge at today's levels?

Q: These stocks are about 10% of my portfolios. To reduce risk and to improve cash flow I would like to increase utilities to 20%. Is this a good time to add to this group since most candidates are expensive and interest rate sensitive. Could I have your recommendations?

Thank you, Werner

Q: Why would SE be trading 8.5% higher than ENB's offer price? Is the market suggesting another suitor is in play?