Investment Q&A

Q: Good morning 5i Team

NFI share price peaked in late March and has been been dropping since. The slide has accelerated since the Q3 report. Having read the report and listened to the call, I can't figure out what is causing such a sharp selloff. Here are four things that are noteworthy but still don't justify it in my mind:
1) new manufacturing plants (increased competition in the future)
2) Slightly lower backlog
3) Revelation that for every 10 new units sold, NFI typically takes 7 units in trade, and the re-sale value of trade-ins is declining, hurting margins.
4) Today's news (that the market has probably known for over a month) that 70 jobs will be moving to the US to accommodate the 70% US content rules.

I guess a fifth would be the overall market decline.

I've been watching NFI looking for an entry point. This looks like a good time but I feel that I must be missing something here. I would appreciate your thoughts before I pull the trigger.

Thanks. As always, your insights and guidance is much appreciated.
Peter

Q: I don't see any news on PEO (-5%) do you?

Sheldon

Q: In a previous answer today, you said you would be ok start a postion but not adding to it. How do you come with that ? If its under a 1 % of your total portfolio, doesnt that matter? this was a praised stock at $120 and it doesnt seem like much has changed.

Q: Hi can you provide your thoughts on BYD.Un. Seems like another high flyer is going down at a rapid pace

Q: On Saturday there was a press release regarding the results of a heart drug study and the share price of the company has bombed today. The results noted appeared positive to me however I am not an expert on the drug study details. Do you know why there is such a drastic adverse reaction to the Amarin stock price?

Q: Hi, Could you please post estimates for earnings release of tomorrow. Thanks

Q: Dear sirs,
Aside from previous earnings commentary, would you add to or initiate positions at these levels in Premium Brands?

Thank you,

Q: Would you please provide us with what the dates are for earnings announcements for all 5i portfolio stocks?

Appreciate your help.

Sheldon

Q: This Little Rock Arkansas-based company is not in your database or in that of Stockchase, which I find a bit unusual. May I have your thoughts? VERY high yield along with a 17% one year share price jump.

Thanks

Q: I want to derisk my portfolio somewhat, and purchase approximately 300,000 in GIC`s. I am thinking about waiting till after the anticipated Dec rate. Would you wait and buy them all at that time, or stagger the purchases ?

Q: Could you please identify which companies would benefit most from a rising natural gas price? Also address the overall financial strength, dividend sustainability ( if applicable ) and general robustness of your picks. Thank you.

Q: How are corporations classified into different sectors? For example: why is Savaria Corp considered to be in the "Industrials" sector rather than "Health Care"?

Q: Could you please give me your view on these two companies, and what their growth prospects look like at current prices? Which would you find more compelling in the animal health sector?

Q: Hi team,
Looking at this company's latest report with the oil sector being out of favour is it a good time to accumulate shares for the next 2 to 3 years? According to management the book value of the ice is one dollar.Some are predicting a four year bull cycle in oil ,but difficult to see with others predicting a recession in 2020 with oil prices that could hit 30$ What are you thoughts?
Many thanks,
Jean

Q: Any suggestions on how to benefit from the recent rise in Natural Gas prices?

It seems like things are still pretty hopeless in Canadian energy despite huge gains in natural gas prices.

Q: Hi peter between shop, roku & square which company has the most growth over the next year all have pulled back thx Kim

Q: It would appear that many of the investment firms share the same positive views of KXS going forward. While there were a number of reduced 12 month targets, the adjustments were relatively minor. For example, Canaccord is now $97,50, TD is $98, 8 Capital is $100 and RBC is $105.

Q: I tendered my ENF shares and am wondering what the usual time line is for having them changed to ENB shares and deposited in my account along with the cash per share allocation. I noted the whole exchange deal happened on November 8. The ENF shares seemed to have disappeared from my on line Investors Edge account, i.e. they have been de listed from the TSX. Not sure what happens next or if i should be doing something to expedite the issue. Thank you for your help. Bill

Q: comments on earnings please.

Q: When considering asset allocation percentages do you take into account the present value of purchased lifetime annuity income as the equivalent of a bond asset value, or is there another way to consider this value in the fixed income portfolio? Thank you for your response.