Investment Q&A

Q: I hold 6% of my total in HAB. It's my only bond exposure. Now there is the concern that a very high % of investment_grade bonds is BBB, which may cause trouble in recession.Do you think it'd be prudent to switch into CBO or VSB? Or anything you may suggest? Or am I reading too much into this?
Thank you
Jerry

Q: Could you confirm or clarify the following metrics on the 5i Company Profile pages:
Dividend Growth 3 Yr
Dividend Growth 5 Yr

I'm assuming these are annual or compound rates for the given time periods.

Thanks.

Q: I would like to start a position in both Googl and Amzn, but I wondering if I should wait for a better entry point. I realize its impossible to pick the perfect entry point, but I wondering what your thoughts would be on just taking the plunge now, and not worrying to much about what price I get in at, since this is a longer term hold min. 5 years, or should I stay on sidelines until all of this Trade Business settles down?

Q: Good morning gentlemen, which one would be the safest from this three. Parking for 2-3 years. Thanks. Alnoor

Q: I have 5-8% (20%total) positions on these utility type stocks; if we enter a melt-up type scenario in the markets? Would it be prudent to reduce my utility type exposure by selling 1/2 positions and invest in growth type names like Vtv, vfv, etc.? Or would it be in my best interest to hold steady and ride the curve and collect dividends, I'm approaching 70 years of age? Thank you!

Q: Can I have your thoughts on LII AMZN ICLR NFLX MSFT i am thinking about buying these company for 2 to 3 years hold and please rank them
Thank You Claude

Q: Regarding recent question about VCI. In the question there is reference to 10% dividend. When I check through TDWaterhouse, it lists dividend at 5.33%. Can you clarify what dividend is? At 10%, it's attractive.

Q: I would appreciate your opinion as to why you think interest rates are falling around the world and what is the implication of the underlying issues for equity investors? What would be the best/worst sectors to be invested in this environment?
I appreciate the high quality work you do at 5i.

Thanks

Q: Would you have an explanation on why this security has performed so poorly? I would expect with its 6.5% minimum guarantee on its dividend that the preferred shares would be trading close to face value ($25.00).

Q: Good day,
Taking a beating on the following companies and was wondering if they have any potential for a recovery in the next 3-5 years? Can you please provide a small explanation as why one would hold or sell? Thx

Q: On August 16, 2019 Profound Medical was granted US FDA approval for TULSA-PRO. There will be more trials next year for reimbursement but PRN now has regulatory FDA approval in the US and will start commercial sales in Q4 this year. The next week or so will be very interesting.

Q: This is a follow up re: Derek's question on 8/16 for a list of Cdn dividend/distribution paying companies with substantial foreign ops. I have followed this strategy for sometime and developed my holdings by researching company filings and presentations. I hold he following companies which I believe have substantial foreign ops (revenues/assets/income of at least about 50% - some alot more) BIP.UN,ENB,AQN,BEP.UN,FTS,BPY.UN,GRT.UN,TCN,SLF,MFC,MG
Also - TRP,BNS,GWO and NTR have good sized foreign ops (less than 50% but still significant)
A good place to look for this company information is the segmented information note to the annual financial statements as well as company investor presentations. In some cases profits are not disclosed by geography and you need to look for proxies such as geographic revenues or assets or operational information.

Q: Which of your balanced or income portfolio companies offer the best buy opportunities this week. Have about 1.5 positions of cash available so 2ultimate buy or a bunch of partial. Short term opportunity with a long term view 5+ years. Starting to shift away from value/growth to more income focus. Can also hold the cash a bit longer but feel that now is a good time to get in on a few solid names even if things continue to be volatile.

Q: Whenever someone asks about parking money safely for a short period (ie up to a year), you always suggest GICs or Treasuries. There are many high interest savings accounts that pay more than these options and are CDIC backed up to $100k or, in the case of Manitoba locales, backed by the province with no limit. And they are completely flexible on term. You can move money in and out at will. Some names to look at are Motive Financial, Achieva and EQ Bank. To conclude, high interest savings should be part of your stock response to questions about parking money safely.

Q: Hi team,
I know your focus is small/mid cap Canada and mine is mid/large cap U.S, so I try not to ask U.S. questions during peak Canadian earnings season, which has now passed.

On Friday afternoon, my tech watch list was fully green. Then PANW went red and redder. I knew something was up (or down). In a half hour, PANW was down almost $20. Finally Seeking Alpha had something on the wire. The Executive VP for worldwide sales at PANW is leaving at the end of September. No reasons given. In the past, when VPs of Finance leave companies abruptly, it may cast some doubt on the financials. I am not sure if a VP Sales departure is a likely sign of a revenue problem or not. I suspect the departure news may have leaked out before earnings on September 4 and PANW had to confirm it. If so, it may now be baked into the price.

What are your current thoughts on PANW and buying now?

Thanks again.
Dave H

Q: What do you think of Russel Metals current acquisition? Might RUS be a good income stock for the long term?
Thanks

Q: Two questions:
1) Of the two, which one would you be more optimistic about for the medium term (3-5 yrs).
2) Which would you prefer to sell for a tax loss. (and not repurchase)

And a third question...
Regarding TSGI, the last report (06/18)had upgraded the rating to an A-. It has been a while...is it safe to assume that an updated report would see a downgrade?

Thanks.

Q: Can I have your thoughts on PDL is it a buy hold or sell and why

Q: Hi,

I would like to invest a small lump with 1 year time horizon. What safe investments would you recommend? 4-5 Canadian stocks/ETFs. Non Registered Account.

Thank you,
Matt

Q: I would like to add one or two of these dividend paying oil/gas stocks. Could you comment on the relative safety of the stock and the dividend and could arrange them in order of your preference.