Investment Q&A

• Canadian Tire Corporation Limited Class A Non-Voting Shares (CTC.A $171.78)
  • $171.78 P/E (TTM): 18.26X Cap: $13.50B
  • View CTC.A Profile
  • View Questions on CTC.A
• SNC-Lavalin Group Inc. (SNC)
  • P/E (TTM): 100.9X Cap: $7.63B
  • View SNC Profile
  • View Questions on SNC

Q: I'd be interested to have your opinion of these two companies. Thanks very much.

Upvote 0

Read Answer Asked by christianne on August 08, 2016

• Kirkland Lake Gold Ltd. (KL $49.71)
  • $49.71 P/E (TTM): 15.41X Cap: $13.10B
  • View KL Profile
  • View Questions on KL

Q: Hi 5i

Kindly comment on Kirkland Lake's recent results.

Cheers,
Bryan

Upvote 0

Read Answer Asked by Bryan on August 08, 2016

• Cimpress plc (CMPR $67.98)
  • $67.98 P/E (TTM): 116.12X Cap: $1.59B
  • View CMPR Profile
  • View Questions on CMPR

Q: I realize that this is outside of your core coverage, but I'm wondering if you could provide an opinion on Cimpress on the Nasdaq?

Upvote 0

Read Answer Asked by Brian on August 08, 2016

• Global X Lithium & Battery Tech ETF (LIT $60.10)
  • $60.10 P/E (TTM): 0.62X Cap: $1.36B
  • View LIT Profile
  • View Questions on LIT

Q: Would (lit) be a good play for small holding in lithium rather than stock. Going forward AAV what is your take on their recent report,seems like good to hold for a while and also CEU acquisition will it help for future as I am down about 1.50 a share.Tks 5I

Upvote 0

Read Answer Asked by Guy on August 08, 2016

• iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY $16.88)
  • $16.88 Cap: $936M
  • View XHY Profile
  • View Questions on XHY

Q: Hello,

In a previous answer you mentioned that the distribution for CBO, for tax purposes should be treated as interest income. Is the same true for XHY? I checked on Blackrock site but could not find tax related info.

Thank you

Upvote 0

Read Answer Asked by Marios on August 08, 2016

• BMO US High Dividend Covered Call ETF (ZWH $25.22)
  • $25.22 P/E (TTM): 19.44X Cap: $1.08B
  • View ZWH Profile
  • View Questions on ZWH
• Vanguard U.S. Dividend Appreciation Index ETF (VGG $104.49)
  • $104.49 Cap: $2.26B
  • View VGG Profile
  • View Questions on VGG

Q: Hello Peter, Ryan & 5i Team

I'm looking to bulk up my US exposure, specifically US$ income rather than growth names. Would you favour ETFs or a small set of individual companies for this purpose (any suggestions of either? Thank you)

As always, thank you for your insights and wisdom.

Upvote 0

Read Answer Asked by mike on August 08, 2016

• Miscellaneous (MISC)
  • View MISC Profile
  • View Questions on MISC
  • View Reports on MISC

Q: I noticed Martin Ferguson is no longer at Mawer. Any idea why he is gone? The new guy has drastically reduced the Constellation Software position.

Upvote 0

Read Answer Asked by Brad on August 08, 2016

• Avigilon Corporation (AVO $26.98)
  • $26.98 P/E (TTM): 15.56X Cap: $18.39B
  • View AVO Profile
  • View Questions on AVO
  • View Reports on AVO

Q: I patiently hold AVO (at an approx 20% loss) and see that it is still maintained within the growth portfolio. You've mentioned previously that it is a frustrating name. What would it take to lose your interest? Is there any sign(s) that it will begin to behave better or should I be prepared for a long, patient wait with this name? I like the space that it is in and can't see why it doesn't perform better.

As always, I appreciate you insight.

Upvote 0

Read Answer Asked by mike on August 08, 2016

• Surge Energy Inc. (SGY $6.89)
  • $6.89 P/E (TTM): 14.96X Cap: $681M
  • View SGY Profile
  • View Questions on SGY

Q: My energy holdings are comprised of two names, SGY (fallen from half to quarter position) and BP (Plc) (maintaining its half position). SGY should survive but hasn't really participated in any meaningful upswing. Is there any fundamental reason for its lacklustre performance compared to peers in this sector? Would it be worth maintaining this position (I've held on throughout all dividend cuts) or abandoning it for some other company in this sector?

Thanks

Upvote 0

Read Answer Asked by mike on August 08, 2016

• Miscellaneous (MISC)
  • View MISC Profile
  • View Questions on MISC
  • View Reports on MISC

Q: Hi Peter & team: Re your answer to Peter yesterday, "Over a long period, sector allocation is in fact more important than stock selection." Please let me know what sector allocation should be, or reasonable.

Thank you and keep up with your great work!

Upvote 0

Read Answer Asked by LOUISA on August 08, 2016

• Organigram Global Inc. (OGI $2.40)
  • $2.40 Cap: $331M
  • View OGI Profile
  • View Questions on OGI
• Aphria Inc. (APHA $16.55)
  • $16.55 Cap: $12.08B
  • View APHA Profile
  • View Questions on APHA

Q: Can you explain the recent run ups on the stocks Organigram and Aphria? Are they just paralleling the excitement generated by Canopy moving from the Venture Exchange to the TSX? I feel like I might be missing the boat if I don't buy now.

Upvote 0

Read Answer Asked by Grant on August 08, 2016

• Balanced Equity Portfolio (BEPORT)
  • View BEPORT Profile
  • View Questions on BEPORT
  • View Reports on BEPORT

Q: Gentlemen


I am a new subscriber. I like your portfolios but I would like to ask do you update these portfolios during the month as you see changes that need to be made based on new information or do you just update at the end of every month.

Thanks

Wayne

Upvote 0

Read Answer Asked by Wayne on August 08, 2016

• BetaPro Canadian Gold Miners 2x Daily Bull ETF (GDXU $72.00)
  • $72.00 Cap: $229M
  • View GDXU Profile
  • View Questions on GDXU

Q: Hello Team 5i, I know this is a High Risk ETF, but this the start of the Seasonal Upleg for Gold. Not without volatility, but worth applying a 2.5% of my Portfolio Value? I suspect the Upside is greater than the Downside. As always, I value your thoughts!

Thanks. Austin

Upvote 0

Read Answer Asked by Austin on August 08, 2016

• FirstService Corporation (FSV $230.80)
  • $230.80 P/E (TTM): 52.69X Cap: $10.49B
  • View FSV Profile
  • View Questions on FSV
  • View Reports on FSV
• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X Cap: $4.50B
  • View TCN Profile
  • View Questions on TCN
  • View Reports on TCN

Q: Gentlemen

I am looking for a company to fill out my Real Estate space in my portfolio. Which of the above do you favour?

I am a conservative investor and with a good quality company be willing to hold for the long term.

Thanks

Upvote 0

Read Answer Asked by Peter on August 08, 2016

• McCoy Global Inc. (MCB $3.56)
  • $3.56 P/E (TTM): 14.82X Cap: $97M
  • View MCB Profile
  • View Questions on MCB
  • View Reports on MCB

Q: Any thoughts on McCoy? Liked this company before the oil meltdown but they are really suffering these days. Still with negative EBITDA and their press release says they need an upswing in activity to go positive. I'm holding a few shares. Wondering whether to dump them and move on or ride through this cycle.

Upvote 0

Read Answer Asked by John on August 06, 2016

• BorgWarner Inc. (BWA $43.62)
  • $43.62 P/E (TTM): 43.54X Cap: $9.51B
  • View BWA Profile
  • View Questions on BWA

Q: What do you think of this company which is a supplier of powertrain systems to most car companies. It seems to be a very stable company with a decent moat.

The only 2 things I can see is the vehicle market is slowing and their dept more than doubled over the past year (I think they issued notes recently).

Thank You,
Andrew

Upvote 0

Read Answer Asked by Andrew on August 05, 2016

• OR Royalties Inc. (OR $43.69)
  • $43.69 P/E (TTM): 109.76X Cap: $8.75B
  • View OR Profile
  • View Questions on OR

Q: Hi Folks:
What do you think of Osisko's results for the quarter?

Upvote 0

Read Answer Asked by Ed on August 05, 2016

• Brookfield Renewable Partners L.P. (BEP.UN $41.40)
  • $41.40 Cap: $27B
  • View BEP.UN Profile
  • View Questions on BEP.UN
  • View Reports on BEP.UN
• Algonquin Power & Utilities Corp. (AQN $7.96)
  • $7.96 Cap: $6.19B
  • View AQN Profile
  • View Questions on AQN

Q: What are your top recommendations for Canadian power producers. I am selling Northland Power (NPI) based on my advisor's recommendation and would like to re-invest in the same sector.

Upvote 0

Read Answer Asked by Carl on August 05, 2016

• Kirkland Lake Gold Ltd. (KL $49.71)
  • $49.71 P/E (TTM): 15.41X Cap: $13.10B
  • View KL Profile
  • View Questions on KL

Q: Could you comment why Kirkland Lake Gold (KGI) is lagging other similar gold miners
like Detour Gold(DGC),Richmont Mines(RIC) and Newmarket Mines(NMI)?
These companies seem to be outperforming Kirkland Lake.
Thanks for your help.
Oleh Korol

Upvote 0

Read Answer Asked by Oleh on August 05, 2016

• ZCL Composites Inc. (ZCL $10.00)
  • $10.00 P/E (TTM): 23.2X Cap: $305M
  • View ZCL Profile
  • View Questions on ZCL

Q: Please comment on ZCL latest earning release. Thanks

Upvote 0

Read Answer Asked by Esther on August 05, 2016