Investment Q&A

Q: Will like to have your impression on their latest statements. Q results seem not so good but they still made $50M FCF and they decided to sell the Modular business. For me, its looks like a good decision. Do you agree?

Thanks

Q: Time for an update on DXT? Time to start a position?

Q: How safe is the dividende?

Tks

Q: Hi 5i
I'm doing some portfolio clean up based on the assumption that the next 12 to 18 months are going to bring economic doldrums as the economy reacts to interest rate increases which, I think, take a while to filter down to where they effect corporate profits generally and, possibly, to where manufacturing and construction falls off enough to directly affect these names.
I'm thinking about selling DXT, CSW, WJX, LIF, and MREL (all at modest losses but in a registered account so no tax benefit) on the premise that they will not do so well over the next year and will take quite some time thereafter to recover such that there is a significant opportunity cost to holding them. (I was happy enough to hold them for their respective dividends/growth in the before times, but not so much now when growth seems unlikely.)
Could you give me your thoughts on my thesis in general and on how I've applied it to these names - is it sensible to sell them now at quite small losses given what is likely coming for them over the next year or so, when compared to what might be made of the money they are presently tying up if I handle it right.
Thanks!
Peter

Q: Hi 5i,
I wonder if you could give us some guidance. My wife holds the above in her RSP, with all being more or less a full position except for ENB at 2X, BCE, CM, and SU at 1.5X each and CHR and DXT at .5X each.
She has until the end of 2024 to convert to a RRIF and currently has $40K to contribute to her RSP and has the room for that contribution.
She would like to invest in some different names, or divest/reinvest in those she has, with an eye to maximizing value before the conversion to a RRIF and to continue thereafter. She's not asking for much - just safety, capital appreciation and income ...!
Based on this info, can you offer any thoughts on new names to add or which of the existing to either pull back on, or dump entirely if that extreme measure seems warranted?
Thank you 5i, and we wish you all an excellent holiday season.
Peter

Q: How would you rank AX.UN, CHP.un, CHW. DOO, ET, FN, HPS.A, ISV, LB, QSR for overall return with some growth. Please rate as well if you would Buy, Sell or Hold Each one of them. Would you prefer at this time not to invest and just hold cash?

Q: Hello, what is your updated view of this company? Is the div sustainable? Thanks

Q: Hi 5i Team,

Could you please give me your analysis and opinion of MTL and DXT? How do you see the next few years playing out for them in a high inflationary environment and rising interest rates? Do you see a place for them in a well diversified, higher risk, income oriented portfolio?

CRP has also caught my attention with food prices the way they are and no let up in sight. What is your current opinion of CRP? Do you think it might be good holding for a trade until food prices show some sign of stabilizing?

Many Thanks for the Great Service,

Colin

Q: In your comments on DXT last October, you were critical of its year-over-year earnings dilution and its long-term growth prospects. Yesterday Scotiabank raised their target to 25% over yesterday's close, and National Bank to 65% over. Has anything changed to improve your view?

Q: Stock screeners. Could you suggest web sites with a great stock screener tool - free or paid?

Failing that could you list Canadian companies that currently pay a dividend above 2.75 % and have no debt?

Q: Could you give me your opinion on Dexterra for an investment at this time please. I am looking for growth outside of tech,

Q: Your thoughts please. Would it interest you for it's connections to the materials sector and reopening of business post Covid?

Thanks

Q: I note that Covid has ignited a lot of demand in modular construction throughout the world. Today's New York Times has a nice article spotlighting the increasing usage and it appears this is a long term upward trend. Dexterra is about the only pure play stock in Canada and it also pays a nice dividend. Fairfax is the largest holder. I think a long term holder will be amply rewarded.

Q: All the three companies have had large insider buying activities since the start of the pandemic. Do you think they are good buys now?
Thanks.