Investment Q&A

Q: hi there,

I have held Dol for a long time but as i transition to retirement i am looking for an alternative with a stable dividend. I have looked at L - do you have other suggestions as most consumer staples seem overvalued currently.

Cheers

Q: Hi gang
In an answer today.. saying that Consumer Cyclicals are better choice over Staples at this juncture ..you mention DOL and DG as good choices to consider. But in your cover reports you say they are both Defensive. Is Defensive not the same as Staples?
Thanks for all you do...would be lost without you.

Q: Which sector, consumer discretionary or staples do you believe will be a better bet currently.
Please name 3 stocks on the Can + US side that should work in this thesis and why.
As always, keep up the great work.
Mark

Q: Good Morning
I currently have 37 positions spread over 3 accounts(RRSP,TFSA,INVEST). Most if not all are or at one time been in 5i’s model portfolios. Many of these are currently at 1.5% or less and although I believe they all have varying levels of potential their current weighting in my overall portfolio will have little impact unless they all go up. I believe I should consolidate the listed group, do you agree and if so which ones would you keep? Proceeds would be added to the remaining names.
Thank you for your continued advice and guidance.
As a side note you advice regarding non action in turbulent times is proof positive. Aside from harvesting some tax losses and buying proxies for a handful of names, my portfolio is now bordering on even for the year.
Publish if you wish

Q: Since the March lows DG has gone up 35% and the same comparison, DOL has gone up 20%.

Any reason for the large discrepency?

Thanks

Sheldon

Q: Hi, 5i Team
In the market updates email that you sent on Mar/01, you mentioned the following companies deserved a closer look:

Air Canada (AC), Lightspeed (LSPD), BRP Inc. (DOO),Maple Leaf Foods (MFI),Dollarama (DOL),Aritzia (ATZ),Gildan Activewear (GIL),
Alimentation Couche-Tard (ATD.b), Canada goose (GOOS), Descartes Systems. Group (DSG), WSP Global (WSP), 

In the "5i special Opportunities Report" within the Special Market Volatility Report email sent on Mar/09, you recommended 10 stocks that were very attractive. Only WSP and DSG were also included. What do you think of the others? Is it a good time to buy them around March?
Are they also solid names worth owning especially now after some huge corrections?

Thank a lot!

Q: Your opinion on Dollarama would be appreciated.
Is it a buy today or in the near future?
Thank you.

Q: Hello team,

Would you please mark (from 1 to 10) each of the above companies in terms of their ability to weather a recession scenario. (the lower the mark the worse the current balance sheet and inability to service debt).

Thanks a whole bunch especially in this crazy times....

Q: Why the drop in DOL today?

Q: Why is Dollarama stock in a such a slow relentless decline? I understand that the COVID-19 virus may be playing some small role currently, but there seems to be something more long term than this. What is your outlook for this stock? Thanks!

Q: Do you feel that the coronavirus will interrupt Chinese inventory flow of items to Dollarama stores?

Q: Which of these 2 stocks would you but for growth for a 3-5 year hold

Q: Have to raise cash - the above are my poorest performers (SIS is negative). Have to sell 1 & 1/2 positions. What do you suggest I sell.
Thanks for all the great performers you have named.
Bill

Q: hi there, currently own Dollarama and CSH.UN in my TFSA and was thinking of switching out and purchasing XEG for some energy exposure and HMMJ as both ETF's seem to be exhibiting some upside after a down year. What are your thoughts on this switch (based on your examination of where DOL and CSH.UN seem to be going from here)? Note, this only effects approximately 1.5% of my total portfolio so neither will represent a significant weighting. Thank you.

Q: Currently hold Dollarama in my RRIF and underwater. I am considering moving it to my TSFA as part of my yearly contribution $6000.00. If and when a downturn occurs I am thinking this stock should be a decent holding, or should I just sell and take my loss
Your thoughts and thank you
Rick

Q: Thank you for your response of Dec 9, but I am still a bit confused. The commentary provided by DOL indicates that for fiscal '20 they expect to have opened 60 - 70 new stores, and this appears to be without any contribution from their new acquisition, which in turn is expected to open 40 - 50 new stores (each year?) which is a growth rate of around 20 - 25% pa. And the forecast for the coming year repeats the new store openings of 60 - 70.... excluding any Dollarcity contribution?? So while I did not appreciate that their new acquisition was so much smaller in comparison to DOLs current assets the growth contribution from this purchase looks as though it has been quite heavily discounted. If you can clarify that would be nice. Thanks

Q: Good afternoon folks
With a better China/US trade agreement which of these would you expect to do better from here? I own a bit of DOL but have watched DLRT for awhile now.
Thank you for a good year and all you do for us! You have "steered my ship" for over 5 years now! Happily I am up 60%. All by shaving at highs and buying at lows(mostly but of course not always). I only added just under 2% of new money.
Thank YOU and MERRY CHRISTMAS

Q: With Cineplex gone, another dominant Canadian company is bought out. How likely is this the fate of Dollarama?. Buyout from Dollar General a possibility as they don't appear to have a presence here ?

Q: Good Morning.
I like the momentum and your positive comments on XBC. In an effort to establish a position in XBC I can add new money to an unregistered account or sell DOL and COV in my TFSA or TSGI and CLIQ in my RRSP.
This may be a too specific question with regards to my portfolio so in the alternative do you have more conviction in XBC than the other for companies at present?
Thank you

Q: I thought DOL had recently bot into a Brazilian outfit which promised significant growth potentially replacing or supplementing a possible slower NA profile. Yet there is no mention of this acquisition or its potential(?) benefits. Can you add some clarity please. Thank you.