Q: The latest EIA natural gas weekly report outlines the construction of several new methanol plants in the US. Is this an issue for MX with possible oversupply?
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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: My materials sector(RRSP,TFSA) has CCL.B at 5% and MX at 2%. I am considering taking profit from CCL.B(approx. 1.5%) at this time and moving it to MX but acknowledge that I would not be trimming sector allocation to 5%. What would your recommendations be for both the short term and long term?
- Sylogist Ltd. (SYZ)
- Methanex Corporation (MX)
- Stars Group Inc. (The) (TSGI)
- Parex Resources Inc. (PXT)
Q: My TFSA is all cash and represents 2 % of total with rest split evenly between RSP and cash account holding solid blue chip stocks.
I use for fun money usually selling if getting 20% return ( that doesn’t happen very often ! )
Am looking at equal amounts of these stocks.
Your thoughts on each one is appreciated Any other candidates?
Thanks
Derek
I use for fun money usually selling if getting 20% return ( that doesn’t happen very often ! )
Am looking at equal amounts of these stocks.
Your thoughts on each one is appreciated Any other candidates?
Thanks
Derek
Q: In your recent comments you highly recommend MX.
How about MG in this environment ?
Also if I buy in Us$ i get the cdn dividend tax credit because of domicile. T
How about MG in this environment ?
Also if I buy in Us$ i get the cdn dividend tax credit because of domicile. T
- Covalon Technologies Ltd. (COV)
- CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
- Methanex Corporation (MX)
- WSP Global Inc. (WSP)
- BRP Inc. Subordinate Voting Shares (DOO)
- Spin Master Corp. Subordinate Voting Shares (TOY)
Q: Good afternoon, I am looking to add 2 of the above stocks (or others if you recommend?) to a TFSA, I am tech heavy already (FB, AMZN, GOOGL, NFLX, NVDA) I am up on all of those still except NVDA. I own favorites GSY, SIS, PBH, TSGI already at full positions. These chosen stocks are all good companies, which are all down recently with the market pullback, which companies would you add? Thank you!
- Constellation Software Inc. (CSU)
- Methanex Corporation (MX)
- WSP Global Inc. (WSP)
- CAE Inc. (CAE)
- Parkland Corporation (PKI)
- CRH Medical Corporation (CRH)
- goeasy Ltd. (GSY)
Q: Hi Gang,
Have some cash available and would like to know your thoughts on the above, looking buy 3 or 4 of the above.
Thanks
Anthony
Have some cash available and would like to know your thoughts on the above, looking buy 3 or 4 of the above.
Thanks
Anthony
- Methanex Corporation (MX)
- Stars Group Inc. (The) (TSGI)
- goeasy Ltd. (GSY)
- Gluskin Sheff + Associates Inc. (GS)
- Stingray Group Inc. Subordinate Voting Shares (RAY.A)
Q: Hello 5I,
Last summer Peter wrote an article about 5 possible takeover candidates in the Financial Post. Wouls you still consider them potential takeover candidates today and have the rational / $ matrix changed for each of them?
Thank you very much!
Last summer Peter wrote an article about 5 possible takeover candidates in the Financial Post. Wouls you still consider them potential takeover candidates today and have the rational / $ matrix changed for each of them?
Thank you very much!
Q: Not having any exposure to materials, am thinking about MX, Is it low ,medium or higher risk? Or is there an ETF that you would suggest? Five year minimum hold. Lower risk investor.
Q: Comment and a question; About 40 years ago I was junior eng. on a non-starting LNG export project from Canada's Prince Rupert area to Japan. In the evaluation stage LNG was compared to methanol as a vehicle to transport methane (natural gas) to market and I heard that Japan would not import methanol due to its solubility in water and toxicity to fish as this was deemed too risky to a major source of food for Japan. I appreciate that there are methanol markets where this is not a consideration and that methanol is only one component of diverse energy and petchem supply. However, could you or your members or Public Affairs at Methanex add any relevant info on this subject.
I have no investment in Metanex. Private or public is OK.
Thanks for your insight, as always.
Cyril
I have no investment in Metanex. Private or public is OK.
Thanks for your insight, as always.
Cyril
Q: Which of these two do you like better for growth?
Q: why are you so keen on MX?
would you as an investor like a more diversified company.
A company that does not have their eggs in one basket?
would you as an investor like a more diversified company.
A company that does not have their eggs in one basket?
Q: Mx had about a 40% corr,is now hitting the 50-day av. p/e f 8?? Do you think it has bottomed and is it a buy? Thanks Jim
Q: I have a few "balance" portfolio positions in my trade account that I am wondering about transferring to my TFSA. From 5iR answers, I take it growth is one factor to consider for possible positions for a TFSA and also a preference for less cyclical business companies.
MX is a dominant primary supplier but might be like a little cyclical what with seasonal demand by customers.
Then there is TFII that is growing through acquisitions but is tied to the general economy which is cyclical in nature.
Also, NFI has to business segments, buses and RV, and good backlog but is volume of business depends on municipal funding for transportation vehicles and then for RV, the "wealth" of folks...both segments have volume variability over time.
For growth, there is VB, although a smaller company relative to the other three.
With this, would you consider these good TFSA candidates? And if so, what order would you rank them, like first to last?........Thanks.....Tom
MX is a dominant primary supplier but might be like a little cyclical what with seasonal demand by customers.
Then there is TFII that is growing through acquisitions but is tied to the general economy which is cyclical in nature.
Also, NFI has to business segments, buses and RV, and good backlog but is volume of business depends on municipal funding for transportation vehicles and then for RV, the "wealth" of folks...both segments have volume variability over time.
For growth, there is VB, although a smaller company relative to the other three.
With this, would you consider these good TFSA candidates? And if so, what order would you rank them, like first to last?........Thanks.....Tom
- CCL Industries Inc. Unlimited Class B Non-Voting Shares (CCL.B)
- Methanex Corporation (MX)
- Great Canadian Gaming Corporation (GC)
- Western Forest Products Inc. (WEF)
- Magna International Inc. (MG)
- Spin Master Corp. Subordinate Voting Shares (TOY)
Q: I'm in the process of adding to/updating my consumer cyclical, materials as well as financial sector, with a tendency to a balanced vs. growth approach. I would like to add one stock of the below selection for each sector. Can you please give some guidance and as to why said particular stock should be selected?
C. Cyc.: GC / MG / TOY Materials: WEF / MX / CCL.B Financial: BNS / SLF / VB
Many thanks!
C. Cyc.: GC / MG / TOY Materials: WEF / MX / CCL.B Financial: BNS / SLF / VB
Many thanks!
Q: MX stock appears to be strongly correlated to oil & gas price. Would you agree ? If so, do you expect this to continue in the long term ? Please comment.
Also, do you know why methanol usage appears to be mostly from Asia (more than 70% based on the November 2018 investor presentation - page 37) ? Thank you!
Also, do you know why methanol usage appears to be mostly from Asia (more than 70% based on the November 2018 investor presentation - page 37) ? Thank you!
- Linamar Corporation (LNR)
- Methanex Corporation (MX)
- NFI Group Inc. (NFI)
- Premium Brands Holdings Corporation (PBH)
- Spin Master Corp. Subordinate Voting Shares (TOY)
Q: I have capital gains in which I would like now to sell one stock in which I have a loss and can use against my capital gain. Of the stocks listed, LNR, MX, NFI, PBH, TOY would you sell? I do have the intention to buy after the 30 waiting day period.
Thanks
Thanks
Q: Peter and Team:
At this time of tax loss selling and general carnage, what would be your top 3 picks from the balance portfolio to add to regardless of sector.
Thanks
Phil
At this time of tax loss selling and general carnage, what would be your top 3 picks from the balance portfolio to add to regardless of sector.
Thanks
Phil
- Covalon Technologies Ltd. (COV)
- General Mills Inc. (GIS)
- Philip Morris International Inc (PM)
- Methanex Corporation (MX)
- Stars Group Inc. (The) (TSGI)
Q: Hi 5i,
Can I have your opinion on averaging down on these in the current climate, say in the next few days,. Without regard for weightings,risk profile etc, could you rank them in order that you would chip away at them?
Thanks
Can I have your opinion on averaging down on these in the current climate, say in the next few days,. Without regard for weightings,risk profile etc, could you rank them in order that you would chip away at them?
Thanks
Q: Please could you let me know the payout ratio of MX?
Thanks!
Thanks!
- Covalon Technologies Ltd. (COV)
- Photon Control Inc. (PHO)
- Dollarama Inc. (DOL)
- Methanex Corporation (MX)
- Stars Group Inc. (The) (TSGI)
- Celestica Inc. Subordinate Voting Shares (CLS)
- NFI Group Inc. (NFI)
- TFI International Inc. (TFII)
- BRP Inc. Subordinate Voting Shares (DOO)
- Knight Therapeutics Inc. (GUD)
- Alcanna Inc. (CLIQ)
- ECN Capital Corp. (ECN)
Q: Hi Peter,
Please deduct as many credits as you see fit. I have some losers (some big) as per below:
Margin account
CLIQ down 52%
PHO down 37%
MX down 20%
TFII down 23%
ECN down 13%
NFI down 11%
TFSA
GUD down 17%
CLS down 20%
DOL down 38%
TSGI down 47%
RRSP
DOO down 43%
COV down 26%
Here are my questions.
1- Should I claim the capital loss with CLIQ and PHO and repurchase in 30 days?
2- Are there any names there that I should just sell and move on to something else? What would be your top 3 replacements for the removed names in that case?
3- My initial thought was to inject new money in CLIQ, PHO, DOL, TSGI, DOO and COV to bring these names back to my initial weight. Would this be a good move in your opinion?
These names are part of a diversified portfolio and don’t need the funds for another 10 years minimum.
Much appreciate your service. Your responses to this market volatility have kept me from panicking as I did in 2008. I thank you for that.
Please deduct as many credits as you see fit. I have some losers (some big) as per below:
Margin account
CLIQ down 52%
PHO down 37%
MX down 20%
TFII down 23%
ECN down 13%
NFI down 11%
TFSA
GUD down 17%
CLS down 20%
DOL down 38%
TSGI down 47%
RRSP
DOO down 43%
COV down 26%
Here are my questions.
1- Should I claim the capital loss with CLIQ and PHO and repurchase in 30 days?
2- Are there any names there that I should just sell and move on to something else? What would be your top 3 replacements for the removed names in that case?
3- My initial thought was to inject new money in CLIQ, PHO, DOL, TSGI, DOO and COV to bring these names back to my initial weight. Would this be a good move in your opinion?
These names are part of a diversified portfolio and don’t need the funds for another 10 years minimum.
Much appreciate your service. Your responses to this market volatility have kept me from panicking as I did in 2008. I thank you for that.