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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: NFT's seem to be all the rage in this week's news. Someone called "Beeple" making a 69 million sale of Digital art or Jack Dorsey selling a tweet for $2.5 million. I understand that it's something associated with registering ownership of the digital asset in blockchain and it seems to be becoming popular. Is there a public company that is best positioned to manage and profit from these transactions and if so, are we early enough to benefit by buying now if the trend grows?
Read Answer Asked by Tim on March 12, 2021
Q: I have money ($30K) to reinvest in my TFSA. I am heavily overweight in technology (28.5%) and overweight in consumer cyclicals (13%) in my overall portfolio. My wife and I own the above stocks in our TFSA. Could you give me your best 3-5 suggestions for addition(s), avoiding high risk companies? Thanks for the great service.
Read Answer Asked by jacques on March 12, 2021
Q: Hello 5i,
It was suggested that I switch from XLB, XSB, and VEE to ZAG and ZEM which I did. Lately I have seen on the daily watch report that XSB, XLB, and VEE are again mentioned as suggestions in many instances over the past few weeks. Should I switch back or maintain my positions in ZAG and ZEM?
Read Answer Asked by STANLEY on March 12, 2021
Q: I am going to sell my Flutter shares for tax reasons and either repurchase them or buy another gaming stock. Can you provide me a list of your current favourite gaming stocks to choose from. I have a long time frame. I haven't traded OTC shares before and I believe you have advised just hitting the bids.
Read Answer Asked by stephen on March 12, 2021
Q: Hi Peter...I bought the warrants in January and sold them last week for a 100% gain and I bought MG with the proceeds. The NGA warrants are still below what I sold them for. Do you think it worth chancing a rebuy? If the warrants are basically a coin toss...ie a 50% chance of either going up or down... then in all probability the chances of making another profit are more remote the 2nd time around. In reality all short term stock purchases are in essence a coin toss even though day traders may take issue with this comment. The probabilities of success are better with a good company over a long term holding. The account is not registered so capital gains taxes will be required. Any thoughts you have would be appreciated.
Jim
Read Answer Asked by James on March 12, 2021
Q: Hi, I am a holder and have had the recent pleasure of walking through the Sangoma Proxy materials and have read more about the deal with StarBlue and I'm wondering your thoughts of the transaction, specifically around the details that the StarBlue CEO will be THE major holder of Sangoma (25%). I understand that Sangoma is using their much better capital position to expand and magically double their revenue and garner much more SaaS ARR, however, it feels like the StarBlue organization was far less diligent in their balance sheet management and overall operations. Do you feel the Sangoma management will actually be able to exert their clearly quite strong operational 'chops' on StarBlue? It sort of feels like a reverse buy; As in, StarBlue convinced Sangoma to 'buy' them and thus give them capital, but the actual ownership is with StarBlue.
Read Answer Asked by Allan on March 12, 2021
Q: I need to raise only a small amount of money to allow a RRIF payment. I have listed a few stocks from which to pick and am seeking guidance on what you might think is the best at this particular time. This is without consideration to sector or balance and only about how to avoid selling one that's prospects are good and hanging on to those which are not quite as good.
John
Read Answer Asked by John on March 12, 2021
Q: I would appreciate your comments of the latest acquisition, Vend.
“Vend generated revenue of approximately $34 million and GTV3 of more than $7 billion in the trailing twelve month period ending December 31st, 2020. Lightspeed will acquire Vend for total estimated consideration of approximately $350 million, satisfied by way of payment on closing of approximately $192.5 million in cash and the issuance of subordinate voting shares in the capital of Lightspeed valued at approximately $157.5 million. The deal, which is subject to customary closing conditions and post-closing working capital adjustment, is expected to close towards the end of April, subject to the receipt of applicable regulatory approvals.”
As always - many thanks.
Clayton
Read Answer Asked by Clayton on March 12, 2021