Investment Q&A

Q: Recently President Xi gave a speech indicating the intention to open up the Chinese economy, including " lowering tariffs for autos and other products and enforcing the legal intellectual property of foreign firms".These are things the Trump administration is seeking. Also in a recent dinner talk David MacNaughton indicated pressure from American farmers to reach a resolution.

Have you any thoughts on the possibility of the trade dispute being resolved and which of the 5i stocks would respond most positively?
Mike

Q: Hi Peter, Ryan, and Team,

I'm certainly not complaining, but can you account for the pleasant surprise from Gildan yesterday (up 21.6%)? It's been languishing lately and this bounce was very welcome.

Also, thanks very much for the ECI recommendation. My TFSA benefited greatly from this stock.

Q: Hello 5i Team!
GIL has dropped more that 10% recently. Falling knife? Or, buying opportunity?

Thanks as always

Dave

Q: Do you have an explanation on why GIL was down over 6% yesterday?

Q: I have been a holder of GIL for several years now and it has basically gone sideways. I hold about a 1/2 position. I am down about $200 and am thinking it’s about time to move on. Any suggestions of what would be a good replacement?
Thanks for much appreciated advice.
John

Q: I was reading recently that GIL effective tax rate is 4%. Is that correct? If so how are they able to have such a low tax rate? Is this rate sustainable?

Q: Can you comment on GIL most recent quarterly earnings report? Did you find it strange that the stock was up significantly one day this week and then down significantly the next?

Q: Would you comment on Gildan's quarter and future outlook. Does the stock price seem justified? Thank you.

Q: Of these three cyclicals, MG, TOY and GIL, which two do you think would do best in a downturn?

(Note - you might have received this question twice - something went wrong just before I sent the first time). Thanks.

Q: Hi 5i,
My income portfolio is light on consumer discretionaries. What would be a good stock or two that would compliment my current holding in that space - CGX.

Looking for a bit of growth and income growth.

Thanks!

Q: Hi Peter and Team,
For this year's RRIF payment, I need to sell approximately 14K of stocks as I've been almost fully invested over the last year, in large measure due to 5i's superb recommendations. The stocks listed above are in sectors where I am overweight. I have several questions, so please deduct credits as you see fit:
(1) If I sold CGX outright, I'd obtain roughly 14K and would reduce my total number of holdings and lower my overweight consumer discretionary stocks. Even though CGX has fallen from its lofty heights, I'm still up, especially when factoring in the accumulated dividends. Also, there would be only one sell transaction. Are you OK with this plan?
(2) Are there any others in the list that could/should be an outright sell?
(3) Or, would a better plan be to reduce holdings in each stock by taking profits?
Of course, this would mean more sell transaction fees.

As always, I defer to your recommendations, and have been rewarded for doing so. Thanks in advance.

Q: In a 250k investment portfolio we have over 20 stocks. We would like to trim some of the smaller positions and top the others.From larger to smaller holdings HR.UN, GIL, ET, STN, GH,ECN,TCN. 2 to add to, 5 to dispose or 3 and 4. Which would you keep.
Thank you.

Q: Is there any concern in regards to the NAFTA negotiations for the short and long term outlook of GIL?

Thanks
Paul

Q: Hi Guys,

Your thoughts on Gildan's most recent numbers and is it a buy, sell or hold! It's a 2% weighting in my portfolio. (My portfolio copies your Balance fund)

thanks,

Jim

Q: Would you comment about Gildan's results and prospects, please?

Q: Do you know why GIL is down so much today?

Q: Howdy! The Kiki Delaney chapter in "Market Masters" has inspired me to invest more in Quebec-based equities. I already have BCE, CAE, CNR & GUD. Please rank the top 3 in this list (or other Quebec-based equities that I didn't list) to add right now purely on long-term (3-5 yrs) appreciation (value + dividends).
Thank you,
David L

Q: I own MG and MTY in consumer cyclicals and contemplating adding another name among GIL, RCH, ZZZ or CTC.A. Please order them from best to worst as a solid complement to the two I already have, as part of an RRSP account with a 15+ years time frame. Please give a brief rationale and suggest another company if there is an obvious better choice. I note that the stock value of RCH is surprisingly stable on multi-year charts for a c. cyclical.

Q: Hi 5i:
Any recent news on Gildan, other than the resignation of a Director? He went to UnderArmour I think, so that should not cause any sudden drops in the stock.

Q: Hi Guys,

Inside my portfolio, my consumer cyclical weighting is over 20%, please rate best to worst;
GIL, MG, BYD.UN, TOY, AYA, CCL & NFI and on the U.S.A. side we have GPC, DIS & HD.
I would like to lower the % to 15%.
thanks,

Jim