Investment Q&A

Q: YOU ANSWERED A READERS QUESTION ON EFN FAVOURABLY . YET SHARE PRICE OVER LAST WEEK AND 3 MONTHS ARE NEGATIVE.
ECN ON OTHERHAND SEEMS TO BE DOING MUCH BETTER .PLEASE CLARIFY

Q: EFN:
Do you see anything that would explain share fluctuations last couple of days? Is this someone establishing a position in the stock?

SHOP:
Can you compare current institutional position in the stock to historical data? Would that account for the meteoric rise of the stock?

Q: Please dissect element financials earnings released today. I was about to sell this stock, now I am not so sure.

Q: I have partial positions in efn and gsy. Disregarding everything but growth, would you combine them in gsy? Thanks.

Q: Just wanted to make a correction to a reply you gave to a previous question on EFN. You mentioned that the small company facing the lawsuit is Clarion. As you can see from the extract below, it's actually Celadon Group Inc.

Keep up the great work.

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NEW YORK, April 24, 2017 (GLOBE NEWSWIRE) -- The Klein Law Firm announces that a class action complaint has been filed on behalf of shareholders of Celadon Group Inc. (NYSE:CGI) who purchased shares between December 30, 2016 and April 18, 2017. The action, which was filed in the U.S. District Court for the Southern District of New York, alleges that the Company violated federal securities laws.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (i) CGI's equity contribution to its joint venture with Element Financial Corp. was $68.2 million, rather than the $100 million contribution the Company reported in its public filings; (ii) the Company is being actively investigated by the SEC; and (iii) that as a result of the foregoing, CGI's publicly disseminated financial statements were materially false and misleading.

Shareholders have until June 19, 2017 to petition the court for lead plaintiff status. Your ability to share in any recovery does not require that you serve as lead plaintiff. You may choose to be an absent class member.

Q: This is a followup to my question re: the class action suite filed against EFN. You replied asking for a reference to a link.

Here is what I have extracted from a news item on my BMOInvestorline account.

In particular, the complaint alleges that throughout the Class Period, defendants made materially false and/or misleading statements and/or failed to disclose that (i) CGI's equity contribution to its joint venture with Element Financial Corp. was $68.2 million, rather than the $100 million contribution the Company reported in its public filings; (ii) the Company is being actively investigated by the SEC; and (iii) that as a result of the foregoing, CGI's publicly disseminated financial statements were materially false and misleading.

If you suffered a loss during the class period and wish to obtain additional information, please contact Joseph Klein, Esq. by telephone at 212-616-4899 or visit http://www.kleinstocklaw.com/pslra-sa/celadon-group-inc?wire=1.

Thanks

Ross

Q: What are your current thoughts on EFN (given news today)? Thanks.

Q: Hi. I'm doing my taxes. With the split of EFN, I held onto the shares of both EFN and ECN after the split. Do I need to report the disposition of EFN on my income tax? The trading summary from TD indicates a "sale", so I am wondering if CRA will be expecting something. Thanks for all the great work you do!

Q: Hello 5i
I hold full positions in the above 5 companies in my tfsa and am looking for a replacement for EFN. I am interested in growth and am not concerned with volatility. Also interested in a mid term hold. Many thanks.
Les

Q: Hello,

We have these two companies in my child RESP from the split last year. Which one do you has the potential for better growth over the next 3 to 5 years?
Would you advise selling one and use the proceeds to buy the other? If yes, which one would you keep and why?

Thank you for the usual awesome service.

BK

Q: Please comment on EFN results, dividend increase and outlook.

Thanks

Sheldon

Q: Comments on ER? Market doesn't like it despite a threefold increase in dividend. Thanks.

Q: I hold 2000 EFN.PR.C in the fixed income portion of my portfolio, with the changes that have taken place do you think it is a safe hold?

Q: Hi guys.

I purchased 500 shares of EFL in April 2015 for $17.00 each. I just sold my 500 shares of EFN this morning at $14.19 each and purchased 2000 shares of ECN at $3.65 each. How do I determine my cost basis for EFN and ECN?

Thanks,

Scott

Q: Hello 5i team,
Instead of collapsing EFN into ECN as per your note,I was thinking of keeping both but on an equal weight basis. Your comments are most appreciated.
I usually follow your suggestions, except once when you exited FSV in March 2015, post split; I kept both and had an average return of 90%.
Keep up the excellent work because I count on it. I'm 74 years old and when my brain power will eventually slow down like my creaky bones, I will have no choice but to "blindly" follow your advice.
Kind regards,
Antoine

Q: I am looking for more growth potential so I am considering swapping my position in EFN for GSY today. Do you think that is a good idea and would this trade help accomplish that?

Q: Hi 5i - would you sell EFN and replace it with CXI? Which company looks better long term?

Thanks, Neil

Q: Good Morning.
I wanted to make room for GSY in my RRSP. Would you endorse a switch from ECN/EFN? Or do you see this alternative unnecessary?
Thank you

Q: I currently own both EFN and ECN and my broker would like me to sell EFN and buy more ECN as he think there is more growth potential in ECN? Would you agree with this move?

Thanks
Dolores

Q: I hold these companies at about a 20% weighting in my growth portfolio but only 5% overall weighting. Should I have equal weights of all three, or would you favor a different balance for 2017? Is there be a catalyst I should be watching for where I would lighten up on one or another (eg:interest rate hikes etc)? Your best strategy for next year or so please???