Investment Q&A

Q: Good day

I will like your assistance on guiding my investment decision. I have read your report on Knight Therapeutics. After Knight has deployed its war chest($736,000,000), you are forecasting earnings per share of $0.59, plus the EPS for the last quarterly report of 0.06$. If earnings grow at 15% per year for the next 5 years, then in 2022, EPS will be :

2017 2018 2019 2020 2021 2022

$0.65 $0.75 $0.86 $0.99 $1.14 $1.31

I am assuming cash is deployed this year, the share count remains constant and investors in 2022 are willing to pay 15 times EPS. If this scenario holds, then in 2022, the share price should trade at around $20 (1.31 X 15). At current price ($10.60), this scenario would result in an annual rate of return for the next five years of 13.1%. Are you comfortable with my scenario or would you change some of my parameters ?

Gilles

Q: I own some Home Trust notes ( due May17 and Dec18). Are these at risk? Why has the price dropped if they
are due in only a few weeks, is this a bond market looking to take advantage of fear?

Q: Hi, Could you please provide quarterly estimates for Rev, EBITDA and Adj EPS for KXS and SHOP. Thanks

Q: Is there any disadvantage to CRH's ability to make acquisitions caused by their negative share price momentum?

Q: If you own shares in VSN now,should one hold or sell at 18.65?

Q: Which stock would be your choice at today's valuations, $bep.u or $bip.un?

Thanks Valter

Q: What is your opinion on Cbl at these levels?
Or would you recommend another company in this space?

Q: May I have your thoughts wrt to their earnings and their potential going forward? Hold or buy?

Thanks for your great service!

Q: Nice unexpected lift today from Agnico Eagle. Can you comment on their results?

Q: Is the acquisition a good idea? Or do you think that a grocer should stick to what it knows instead of trying to buy airplanes? According to EIF's new release, it was giving NWC a very competitive price already for they transport services. Does this make NWC still a buy or more a wait and see?

Thanks in advance!

Q: Hello 5i
I hold the above 4 companies in a taxable account that are down approx. 25%. I would like to sell to take a tax loss against future capital gains, and repurchase after 30 days. What might you suggest deploying the funds into in the mean time to still keep the sector allocation?
Thank you
Les

Q: Do you think that the dust has settled with CRH yet ?

Would you say that it is still over-valued ? under-valued ?
or priced appropriately ?

Q: Dear 5i, I've read some good questions lately on REITs and return of capital, dividends, business income, and the adjusted cost base for these securities.
I just wanted to follow up and ask if my understanding of the different tax treatments is correct.
1. RRSP: all monies paid to the RRSP is basically exempt and no need to keep track of ROC, dividends, etc.
2. TFSA same as RRSP
3. Cash Account, monies paid to the account must be kept track of and the ACB will be reduced each time ROC is paid back to the investor.
Please confirm this means over a very long period of time the ACB could be reduced to zero or even negative? Is the ROC, Box 42 on a T3, the only amount I have to keep track of?
and another question, on BYD.UN, Why is BYD.UN allowed to operate under .UN status and in your opinion will they eventually be required to convert to a Corp.?

Q: i have a large position in veresen - 10000 shares, mainly for the dividend and jordan cove potential, and then todays announced takeover of veresen at 18.65 a shares cash or pempina shares.i have owned veresen since 11.00 dollars
my question is should i sell my shares, could there be a better offer, i am not a believer in waiting for the deal to close to get an extra 50-75 cents
depending where veresen opens. dave

Q: Ryan,
Can you please provide a couple choices of best in class ETFs that would give best exposure to Europe?
Thx

Q: Hi 5i - I have a well balanced portfolio with good performance thanks to you good folks at 5i. I'd like to put a little bit of 'mad money' into two or three high risk, high reward names, fully understanding the risk of losing it all. Are there any names in the Canadian or US markets that come to mind?

Q: Does it make sense to hold a dividend ETF when you do not require the income?
I will likely not require these funds for 10 years or more without the requirement for income. Does it make sense to focus on growth instead?
I am specifically looking at this ETF as its concentrated to holding only 40 companies.

Q: Which Emerging Markets ETF with growth and some dividend for a long term hold in TFSA and/or RESP account would you recommend? THX

Q: I am holding XEG in my RRSP, it's down 28% for me since I bought it. Paying just over 0.6% mer for a losing position. It is currently 4% of my holdings. Wanted to know if I should sell and buy 2-3 positions that pays a dividend and has some growth potential. I also hold ZDV(20% holding) and VIG(3.5% holding) so not sure if I should sell and add to ZDV, VIG, or add individual names. My only other energy name is HWO (small position 1.5%). I'm also open to USA securities and ETF's, your thoughts and recommendations will be appreciated.

Q: New member here, would like your opinion on TGF.UN for a diversification into global real estate. Are there better alternatives?
Thank you!
Michael