Investment Q&A

Q: As a followup to an earlier question on Maple Leaf Foods of August 26th is it likely the announced spinout of their Fresh Pork business will have tax implications for the shares i own in the form of Capital Gains? When new shares are issued when are shareholders typically advised of tax implications such spinoff would have for tax planning purposes?

I have owned shares for many years and previously worked in this Industry and companies in the Meat business typically display slow growth and cyclical price swings so am looking for an opportunity to dispose of part of my position. Would your inclination be to sell ahead of the issue of new shares or wait for the new shares and sell subsequent to the split?

It was always my belief that the only way to get this stock moving would be an outright sale or go Private plan by some of the controlling family. At current share prices would you agree neither look probable at this time or are the underlying reason for this re-organization of Maple Leaf?

Q: I see MFI is up 75% YTD and like AEM (up 68%) also setting all time highs. I think I can understand why AEM is up but not so sure on MFI. May I have your opinion on MFI’s performance and if it can continue going forward?
Any thoughts you have would be appreciated.
Jim

Q: Around Feb 25 the stock took a large upward jump.
On April 8th it dropped nearly 3%
Do you have any insight why the 2 significant movements?
Also to business questions:
i) what is the latest plan for divesting their pork business and
ii) they recently raised their dividend 9%. What is their payout ratio?
Thanks

Q: Hi Group looking for some direction on following stocks. Looking for growth along with some dividend return. \plse give me a couple (5) of your suggestions that fit the guidelines lastly please rate them all 10 being best

Q: A recent analysis from Queen's University points out that consumers could see the prices of goods and services drop by up to 14.5% if free trade between the provinces were to be achieved. Which Canadian companies would benefit the most from elimination of interprovincial trade barriers?

Q: Would you support replacing MFI with a combination of MRU and JWEL at the current price.

Thanks

Sylvain

Q: Hello,

I am considering investing in PBH as it checks off the right boxes and it is one of your favorites.
However, looking at other similar co's MTY & MFI they seem to offer similar dividends and growth, tgey are both also trading close to the same lower range as PBH.
Could you provide insight on why these are lagging the food retailers who are trading at highs.
Thank you

Q: Your thoughts please on MFI spin off of pork business.

Q: I have a position in Maple Leaf Foods which has been going nowhere. Would you add to the position or sell it and purchase another food stock? If so, which would you buy for stability and some income? Thank you for your guidance.

Q: Maple Leaf Foods has been range bound for 7 years, maybe even top left to bottom right in trend. They've announced a significant share buy back authorization. Not sure whether they will execute on this. You have been fairly neutral on MFI . Any thoughts on whether this or any other recent news will change your thinking on this stock

Q: Hello 5 iteam,

Rogers Sugar was a good pick for us, may be the timing was right. Now, It is time for us to trade it for another company that have a bit more growth. Your thought on swapping this name for Maple Leaf Foods /Tyson Foods or Calmaine/ Saputo.

Q: I am considering selling a few stocks to raise cash. MFI, FCR and ADEN (formerly HDI)
are on my list.

Any reason to hold on to any of these?

Q: Can you supply a few suggestions of dividend stocks that may be good to purchase during tax loss selling? Canadian and US if possible.
A few growth stocks would be a good balance to this question as well! Thanks, James

Q: I have recently redeemed some mutual funds that I have held for 20 to 30 years that will produce a significant capital gain for me in 2022. I have several stocks and an ETF that have been purchased in the past few years that are showing losses in the range of $5k to $15k. This includes TOI, U, SOXX, SQ, NVDA, MFI, MSFT, WSP and AMZN. Would you suggest selling these stocks to provide a capital loss that can be applied against my capital gain in 2022? It is my understanding that I will need to wait 30 days to repurchase shares to avoid the denial of the capital loss. If you would suggest selling these stocks and ETF, should I sell now or wait until the end of 2022? And if the stocks and ETF are sold to create a capital loss before the end of 2022, do you see some future in these investments and if so, which stocks would you suggest that I repurchase after 30 days? Thank you for your insights.

Q: Once MFI settles down would you consider this a good by as a slight income play with a bit of growth? Are they able to keep up with price increases vs raising input food costs?

Q: Hi Peter
Can you please comment on MFI’s recent results?
The results mention a restructuring charge of $18.6 million on its plant protein group to “rightsize” the business. What does it mean? Is it being shut down? This business has hurt them in the past few quarters.

Q: Please comment on the earning result of MFI. Thanks

Q: Of the above mentioned stocks, would you please list in order of first to last which would you recommend today. Also a brief explanation as to why you chose the first and the last. Thanks … Cal

Q: I currently hold Maple Leaf Foods (MFI.CA) in my TFSA. It appears to be currently trading around its fair value (at least according to Morningstar). And MFI.CA just announced that it is reviewing its recent investments in plant based protein products (like veggie burgers). So it future growth prospects may be suspect.

I suspect it may be a good time to exit. Can you recommend another consumers staples stock for my TFSA as a long term hold?

Or maybe I should not have ANY exposure in the consumer staples sector in my TFSA given the slow growth and typically lower returns in the long run in this sector. Your thoughts please!

Q: Morning Team,
I am considering selling SAP for tax loss, but would like to stay in the sector, what would you suggest to a replacement ? I have L holding already.
Thank you as always,
Happy Holiday,
Tak