Investment Q&A

Q: I am considering purchasing either CSH.UN or SIA but am having trouble, due to lack of knowledge, in comparing the 2 companies.

Pro CSH.UN
- 5i coverage
- Larger company

Pro SIA
- Higher dividend yield

Unknowns
- Insider ownership (low for CSH)
- Debt (high for CSH)
- Payout ratios
- Stability - (good for CSH)

Please could you fill in the gaps for the unknowns?
Are there any other things I should take into consideration?
Which do you consider the best value at the moment for a long-term holding.

Q: I'd like to get your opinion on recent changes to Vanguard ETFs. One of the changes is that VDU appears to change from ex NA to only ex US. For someone with an all-Canada portfolio looking to buy an ETF to diversify, what would you recommend now? Previous comments seem to suggest VXC is a bit small, and now that VDU includes Canada, I don't know if it's still a recommended product for diversification. Perhaps VGG or VEE? Thanks!

Q: I am planning on selling the new FSV but Keeping the Colliers portion. I will need to adjust my ACB to allow for the split. Is there a % relationship that was announced or some other method to do this?
Cheers
Darcy

Q: Hi Peter and team. I'm thinking of adding either CUF.UN or HR.UN to my portfolio. Which do you recommend and why? There is a 2% difference in yield. I also own NLY. I realize this is a mortgage backed security but for portfolio sector weighting how would you classify it ? And any comments on the company would be appreciated.
Thanks Garth

Q: 5i team,

My portfolio has done really well since I became a member a couple of years ago thanks to your guidance, thank you!

One of my worst performers in the portfolio is DDD. I started with a smaller half position about 1.5 years ago, and have averaged down in small chunks over that time frame. Based on my avg acquisition cost, I am under water 31%. I still believe in the 3D Space, and I believe this remains 5i's go to name for exposure in said space, but DDD's chart looks horrendous.

Can I get an updated opinion on the company? I like to keep my small positions at no less than 1.5% of the portfolio, it has now dropped to 1.3%. I am a patient investor not afraid of some risk with a long time frame BUT I get this feeling like I can be getting a better return with other 5i growth names... Would you suggest I sell DDD to lock in my capital loss for the year and rotate the money elsewhere? Hold tight? Or perhaps add a little more to get back to my 1.5% portfolio weight?

Thank You.

Q: I am currently working towards a more balanced portfolio (was overweight in energy). Could you provide some suggestions for growth stocks in INDUSTRIAL (currently holding WSP); TELECOMM (currently holding BCE and T); and TECHNOLOGY (currently holding CDV). Thanks for the valuable service you continue to provide.

Q: Could I have your opinion on Plug Power. It recently picked up a couple of small contracts. Does it have much debt? Thanks

Q: Would appreciate your comments on the Merus Labs update on the review of the German Federal Joint Committee (the "G-BA") related to Emselex® (Darifenacin). A hearing is now scheduled for June 9, 2015, however, the Company anticipates that a final determination of a possible maximum reimbursement price and the specific products which will be included in the proposed class, will likely not occur during the Company's current fiscal year.
Do you think a timing for ruling until next year will create an overhang on the stock and as such hold back it's price appreciation?

Q: I am new here and just bought SJ and want to know whether you give sell recommendations, if your opinion on a recommendation has changed. Thanks

Q: Hi Peter and team
I would like to add to my son's RRSP account but not sure which sector to add to with what stock choice.
Following is current holdings:
Consumer Discretionary 4% with DHX.B DHX Media
Healthcare 4% with PHM Patient Home
Telecom 15% with Telus
ETF 19% CDZ
Utilities 14% with BEP.UN Brookfield
Industrials 22% with BIN and WSP Progressive Waste and WSP Global
Energy 4% with SGY Surge
Info Tech 14% with SYZ Sylogist and CXI Currency Exchange
I am thinking of EFN Element Financial for Financial Sector
or ATD.B to increase Consumer Discretionary. Or do you recommend something else with more growth opportunity.
It would be about a 5% weighting.
Thanks for your help.
Kathy

Q: May I get an opinion on this penny stock.

Q: I am looking to invest in fixed income for my RRSP. What do you think of Dorel Convertible Debenture? I can get a yield in excess of 5.5% for a bond maturing in less than 5 years.

Q: Hello, BLX just announced a convertible debenture offering at 4.5%, what is your take on this? I am considering it as part of an income portfolio I am working on.

Q: Hello 5i,

The last question I could find on UFS was from last October. What is your take on the investment quality of UFS now?

Thank you.

Michael

Q: Hi 5i,

For long term investment quality if you could only buy VNR or TRP which would you pick and why?

Thank you,

Michael

Q: Hi 5i,
Received my 5i subscription as a birthday present and I'm truly loving it.
My wife's former employer's managed RSP portfolio has been transferred (all in cash) and consolidated into her general RSP fund; she is now sitting with the following positions:
FC.DB.C 3.1%
CNQ 2.9%
VET 3.8%
EFN.N 4.4%
HCG 4.2%
DIV 4.6%
RAM770 6.4%
CASH 70.6%

What appropriate equities from your Model Portfolios would fill in the holes as to sector/asset allocation and what would be a suitable cash position? To date, we have researched and like the following equities: BNP, WSP, GUD, NPI, CCL.B

Thanks for your help,
Dean

Q: What are your thoughts on this company. They would appear to be at an attractive entry price but they are attached to the O&G sector and was wondering if the team feel they will drop more so maybe it is better to wait until the sector shows sustainable growth

Q: I am looking to invest short term in RESP that I will be withdrawing by the end of the year. I can get 1% in money market account or I am considering buying shares in Catamaran which is to be bought out for $61.50 US. Which alternative do you think will yield the highest return?

Q: Hi Peter
I'm new to your service and maybe you have answered my question somewhere on you web site.
How do you feel about stop losses and if you use them how do you determine where to set them? Lately I have been wrestling with trailing stops, and trying to move my stops with as the price rises. What do you think?

Thanks Brian

Q: Hi 5i, Herberts question about special dividends, A couple of years ago Peter said some good things about GS so I bought into the company, the special dividends were much appreciated.
Hope to see more in the future.
Thx Gerry