Investment Q&A

Q: Hello Peter and 5i team.... We are selling our Cenovus holding and are looking for a smaller cap replacement as we have other large cap oil and gas. What is your view on pif [polaris infrastructure] or would it be better to replace with pki [Parkand fuel] or gei {Gibson energy].
These names came up on our TD screen as similar companies?
thank you for your opinion

Q: Hello Team,

If you could only pick one of these two companies for an investment, what are the pros and cons of each and which would you choose? Please assume an already well-diversified portfolio and a long-term horizon (e.g., 10 years).

Many thanks.

Michael

Q: Could comment on their latest results,debt and future prospects. Time to buy?

Q: Would this be a safe investment for my income portfolio. SPB.DB
Thanks Phil.

Q: Can you please give me your opinion on this company, hold or sell?

Q: Peter; I see Mr. Trudeau said that the first two years of infracture spending will be on " unsexy" things such as recapitalization,deferred maintenance,upgrades and restoring subway signals. Would this not take the shine off the above companies re " major" projects and forward any new work out two years? Thanks.Rod

Q: Good morning Peter
I have a small holding in DAN in a margin account along with other blue chips G, MFC and TD. The upside looks good for DAN at the current and should I add to DAN or MFC.
Thanks

Q: It's had quite a run lately. Could you provide your views on this stock and thoughts on whether to sell now or hold?

Q: Peter; Could you comment on the nearly 11 million share volume today? Is there some sort of hedge being done and if so what is it? Thanks.Rod

Q: I have a growth oriented portfolio that includes AD, CXR, CXI, DHX.B, KXS, GUD, NFI, OTC, PHM and SIS amongst a few larger stocks. I am committed to holding these long term and won't need the money for at least 20 years, but I want to have a strategy in place.

What does the end game for this type of portfolio usually look like? 10 years from now will some of these stocks be negative and one or 2 have gains over 1000%? At what point do you recommend selling off stock?

Q: I'm ready to buy into a Canadian Bank. It seems like the stock prices in the last two years have fallen to the point where buying it makes sense to lock in some juicy dividends.

But while I've been waiting around, there is this nagging feeling that the Canadian Banks have some bad loans on the books. I know there is a lot of talk about their Oil and Gas loan book and potential defaults. In the last 4 quarters it seems there hasn't been any sign of it yet (so far) that's significant on their top or bottom lines. But my concern is that while their commercial loans aren't significant, their domestic mortgages are significant.

In the event that more job losses are coming and the majority of Canadians might feel this loss in work, are there not contagion affects to residential real estate that then affects the mortgage loan book of Canadian Banks including Scotiabank? If that does happen, how will Scotiabank's business be affected by a prolonged housing market downturn?

Q: Hi,
I'd like your input on the fintech sector in general and how you would recommend investing in it. So far I've come across 4 names that seem to get the most attention
paypal, square, betterment and the lending club. Would you recommend any of these and which would rate the highest? Are there any others that rate higher?
Thanks very much,
Dave

Q: Hi Peter.

Just read your interview chapter in Market Masters. Thought it was excellent and should be required reading for all 5i subscribers! Keep up the great work!

Cheers,

Scott

Q: Followup to recent Q. on BEP.UN. Distributions can be taken in US or C$, default is US, so if held in a C$ account broker will convert at their exchange rate. To receive in C$ you must instruct broker you want this option, I estimate it's worth at least 1% of the distributions received, not much, but better in my pocket than broker's.

Details at bottom of page here:

https://www.brookfieldrenewable.com/content/investor_relations/distributions-30413.html

Q: Today's volume of 680,620,000 shares is a record dating back since 2006. Is this record volume, in a down market, significant? Does it foretell the fact that the current rally since the beginning of February 2016 is a dead cat's bounce?
Thank you as always for your insight.

Q: Hi Peter, How do you analyze the current situation? I heard on CNBC that it is not in debt holder's interest to serve them default notice as then debt will go down more in short term. What else is unknown? If we all agree with the guidance it is 2.5X 2016 earnings now. Do they have to issue any new debt? If not then there is no question of their borrowing rate going up. Am I right? So how does this temporary situation have any real business implications? You can figure out from my tone that I am long on this name. Now here is my reason for being long. 1. Every day 10000 people in north america turning 60 until 2030, so they got tailwind for derma and GI. 2. Also they have diversified across eastern Europe and mexico, so again well diversified. 3. US congress and senate still held by republicans, so even Hillary/Sanders cannot pass anything to curb drug prices in 2017-2018. 4.They have 3 very successful activist(2 valueAct, 1 pershing) on their board, who will extract value, also I hope they did/still doing extensive due diligence. 5. Debt- it is not mining or oil, they will have strong cash flow around $2 billion to pay the debt. Anyways, can you please come up with some points that a guy with short position will think at this price point?? Also please correct me if I am wrong in my long assumptions. I would better be wrong than loose money.

Q: What is the consensus in US dollars for Q4's revenue, adjusted ebitda and adjusted eps?

thx

Q: If you need the sector for a stock, it's listed on Bloomberg.com/quote. Using that source, we can increase the 5i time for more interesting questions.

Q: Which on of the three companies would you prefer?

Q: I own a small position in this microcap (1% that has grown to 2%)on Benj Gallanders advice. It has moved up sharply from my purchase price. I am contemplating what to do with it now. Any advice is greatly appreciated.

Thx Blake