Investment Q&A

Q: What is your feeling on TCM. the price to book value seems like okay value or do you think that the book value will erode? at these prices it seems okay. what would you rate it? thank you.

Q: Hi Peter and Team,

What are your thoughts on First Defiance Financial Corp, FDEF?

Q: Hi Peter & Team,

What are your thoughts on Myers Industries, MYE?

Q: Dear Peter & Co.

If you were holding a full position in Kirkland Lake Gold (KGI) with a $4.79 cost per share, would you be inclined to sell or hold at this point? There hasn't been any substantial news from the strategic review since its announcement on January 6th, and am wondering whether such money might be better deployed elsewhere. We seem to be treading water, here, for the most part. Thank you, as always, for this superb service.

Q: Hi 5i,

Could I get your updated views on GXI? I know the 4th quarter came in weaker than expected, but i'm tying to look past it and see a number of catalysts for 2014. Would you agree? What do you think of the valuation / upside potential in an investmnet in GXI?

Q: Hello Peter...Well, I'm better diversified by sector, now. And I'm focusing on another aspect of diversification of TSX stocks....market cap. This dividend/growth portfolio is made up of 46 companies with 25 large cap, 11 mid cap and 10 small cap. By small cap, I use an upper limit of $1.5 billion, and then mid cap, $5.0 billion....and all the company names are ones reviewed or frequently commented on/answered about. Now the question - does this diversification my market cap seem reason? Or put another way, for a right-on allocation by sector, does this market cap holds okay ? (The main reasons the number of holds is 46 are a result of purchasing matching/similar like securities, Goldcorp and then the smaller cap Primero, and in case of info tech, holding some half positions in 4 companies.)..........Continuing towards 5iR-ing it.
Thanks....Tom M

Q: which offers better prospects - SAS or MND ? also slightly larger AR vs P(Primero)?

Q: my current O/G holdings - CDI,ESN,QST,SGY,TOG,RRX = 15% of my portfolio - anything to drop in favour of DTX or other for growth - thanks for your help.

Q: Hi Peter, what do you think of VIC's earnings? Should I hold or sell?

Thank you

Q: Re: BEP.UN

I established a healthy position in Brookfield Renewable several months ago based in part on the "A" rating by 5i. Would love to hear your comments on their recent acquisition of wind power assets in Ireland once you've had time to assess the deal.

Thanks very much, Brad

Q: With the reduction in MER's yesterday in 9 of Blackrock's ishares ETF's, (XIC,XEI,XSP,XUS,XEF,XEC,CAB,XSH,XLB)can you comment on how you would rate these in their categories compared to other company ETFs (i.e.- with the fee reductions, would you now recommend these over competing ETF's?).

Q: Could you please advise if you have any updated comments on Urthecast Corp [UR], further to what you have provided on the 5i site.

Thanks

Q: Please update Newstrike Capital NES. Thank you!

Q: Hello Peter
I have a policy that no individual security should exceed 5% of the value of my total portfolio. Normally when a stock reaches 5.5% I trim it back to 5% and invest the proceeds in the fixed income portion of my portfolio to maintain a 30% fixed income, 70% equity allocation. Over the past couple of years I have needed to trim shares of TD, RY, BNS, BCE, T, TRP and CU as they have all exceeded the 5% threshold. These stocks are held in an open account, so capital gain taxes must be paid on the dispositions. I know that the value of my portfolio would currently be higher if I did not follow this policy. Is this policy flawed? Should I just let the winners run?
Thanks David

Q: Why does BDI remind you a little bit of Badger? I thought one of Badger's strengths was its propritary technology which I don't believe BDI has. If memory serves me correctly once you said that Badger's clients were utilities who weren't so much concerned about costs as reliability and response time. Does this hold true for BDI and are they as good as Badger? (Are their clients utilities too?)
Thanks

Q: Hello Peter and team,

I am overweight in JNJ and was thinking of selling half and buying PG with the cash. Do you think this is a good move or just a sideways trade. Thank you

Q: hi 5i, my question has to do with CZN - Canadian Zinc but at the same time insider trading. according to INK, on Mar 24 the CEO J F Kearney did some fairly sizeable insider trading. can you explain what transpired yesterday. and also how should a current shareholder view this type of action as it pertains to investing in general. also maybe in the future devote a section of your services on how to read insider trading. thanx norm

Q: Your model portfolio in small print, for example, auto Canada p&l for 2014 -4.1. I was surprised to see that it was in a minus category since it was the best stock in the TSX. Is there a difference between a March 1st list February PDF and a March 1st 2014 Excel with no list? It has nice big print, and is easier to read. Maybe I am missing something. Please advise.

Q: further question on Solium (SUM)

I have been watching SUM closely and recall back in mid Feb that the 5i team felt a good entry point for SUM would be around $6.75. Yesterday it closed @ $6.81 after the recent news regarding the CEO selling a chunk of his shares. Today it is almost back up to $7.

Should we consider this as an opportunity to buy?

Or would you recommend sitting tight for a bit to see what happens next?

Thank You

Q: Hello Peter, thank you kindly for your great advice to date. I would like your input on my TFSA portfolio. I am holding 6 issues, roughly 16 to 17% weight for each as follows:
ZHY, ZDV, OXF.A, LXF, IPL, and XRE. My goal was to create income but with a preference for long term growth. Am I on the right track? Please suggest any alternatives. Thanks very much!