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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: 1) Is today the 22 of December the last day to buy shares of CSU and get Topicus shares?
2) When do the Topicus shares start trading on the Vancouver exchange? Would it
be on the dividend date Jan 4?
3) The last release said, "the common shares of Constellation will commence trading on an ex-dividend basis at the opening of markets on December 23, 2020. "
Does this mean that CSU will start trading tomorrow at a discount to reflect the Topicus shares without Topicus trading?
Thanks for your great service.
Read Answer Asked by Herm on December 22, 2020
Q: With my current shares in CSU( Thank You!), and at 1.859817814 shares in the spin out, I would receive X.96 shares. I can't find any evidence of a cash payout on the fraction. That leaves me contemplating selling one or buying six today to reduce any stranded fraction. Can you give me an idea as to where TOP ought to be trading when it comes on?
Thank You and best wishes for happy and healthy holiday.
Read Answer Asked by Tim on December 22, 2020
Q: Not sure if you can get to this question in the short time it is relevant but it has been suggested that it would be "best" to own CSU in multiples of 7 for purposes of the spinoff. How important or useful is that? Would you buy a couple of shares just to accomplish that if you intended on selling those newly bought shares in the near future to restore your portfolio balance?

Appreciate the insight.

Paul F.
Read Answer Asked by Paul on December 22, 2020
Q: Hi, Peter, I have watched CSU for a long time but always hesitant to finally purchase. With the spin-off date set, is it better to buy CSU now than afterwards? Is CSU a good buy at this time for 5 + year hold in a RESP?
It looks like 5 shares of CSU (1.859817814) yields 9 shares of topicus as long as the purchase is made before record date. So 5 shares might be the optimal minimum. Does the purchase have to be completed before Dec 23? Your insight on this is much appreciated!
Merry Christmas to you and your family!



Read Answer Asked by Ching on December 22, 2020
Q: Thanks to your excellent recommendations 2020 has been a record year for my family’s portfolio. Thank-You.
However, I feel like I need to consolidate some of the tech companies I own so when their prices rise I will have more torque. Which of the above companies would you suggest I merge, drop, or even add? Growth is my only objective.
Enjoy the holidays.
Read Answer Asked by Curtis on December 20, 2020
Q: The average P/E of my stock and ETF portfolio (63) reflects the tech/momentum binge I've been on since Spring 2020. I'm considerably overweight in tech yet I'm finding it difficult to jettison or trim any of my names in that sector. Can you please help by identifying 5 of these that you're less bullish on compared to the others? I have a reasonably long investment horizon and good risk tolerance (5 yrs until my children's post-secondary education and ~20 until retirement). Thanks again.
Read Answer Asked by Ben on December 15, 2020
Q: I know it’s a good problem to have but my listed tech stocks have done really well thanks in part to recommendations from 5i. So much so that I now have 41% in the tech sector. Since selling my mutual funds and establishing my own portfolio, your guidance and suggestions have been so much appreciated. It seems that other sectors may be the place to be as we come out of the pandemic. The issue is that these are for the most part proven quality stocks. I’m not keen on selling any of these. Does one bite the bullet and sell some ? If so suggestions are appreciated? Or does one just trim profit and migrate into other sectors and buy more of companies like DOO GSY and WELL? Thanks
Read Answer Asked by Dennis on December 14, 2020
Q: Hi Peter,
I asked this question several yrs ago; If you became a fund manager again starting this week, what would be the first stock you would want to buy? Your answer was CSU:ca

Now that you are becoming a fund manager again, what would be the first stock you plan to buy? That's if you can answer. Thanks
Read Answer Asked by David on December 14, 2020
Q: Thanks for this great service. In your answer to Jeff on November 30 you indicate that "6 shares of CSU would probably be the best 'small' amount of shares, to get 11 Topicus shares" which I guess is true for a conversion of 1.8598 and no partial shares. Would it not be better to have 7 CSU and get an extra 2 Topicus? I calculate you would get the following: 6=11, 7=13, 14=26, 21=39 .etc. Sorry if I have missed something but I went away thinking of multiples of 6 but 7 may be better.
Read Answer Asked by Danny-boy on December 04, 2020
Q: I hold the above companies in my TFSA and they represent my Tech holdings. I am getting a little overweight in my tech sector and am wondering if any of my holdings are in essence duplications. If so could you recommend which ones to sell.
I have a list of buys, including CAE, TFII, XBC, GOOS, and would redeploy the capital plus some of my cash to these positions. Of my potential buys in what order would you see as the best opportunities.
Read Answer Asked by Bruce on November 27, 2020
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