Investment Q&A

Q: On july 29 your comment to john about stella jones - you said there are supply issues - can you please explain what the supply issues are? Are they having trouble getting the wood to make the r/r ties and poles ? Or are they having trouble getting the product to the customer?
thanks-ed

Q: I have a full position in Russel Metals that includes a 25% gain, and I have a half position in Stella Jones that involves a 5% loss since purchase. I'm thinking of taking half off RUS and topping up SJ as it is cheaper on a PE basis and perhaps RUS has topped here. Would you make this move now, or after SL earnings, or not at all?

John

Q: Good day...I hold mda, sj, bdi, and esl and have most of this year all are down 5 to 7% is this a worry at this time. All of these are in rsp so selling is not a tax issue...cheers

Q: Hi 5i Team
I'm retired and looking to diversify my portfolio. Income and growth have equal weightings and I prefer to hold a quality stock indefinitely. At this time I'm considering Brookfield Infrastructure (BIP.UN)or Stella-Jones (SJ}. I'd appreciate your comments comparing these two companies. Thanks

Q: Hi..all, Stella Jones does not want to move in any meaningful way. Is there anything that I am mlssing?

Alastair Allan.

Q: I bought SJ in April when you commented positively on this company . I paid $ 32.30 and now its selling at $ 29.00 . What causes the weakness in the stock. Should I sell,hold or buy more. Thank you

Q: Stella Jones Inc. is a company with a good rating, but is lightly traded and on a downward trend. Should I continue to hold this stock? Can I expect a turn around?

Q: Hi Peter, I am thinking about selling my WIN stocks at a loss in my TFSA. What would you recommend as a replacement. As I'm underwater I'm looming to make up for this to regain some equity in my TFSA,so maybe not too high risk but still with growth potential, it doesn't have to be in tech.
Thanks

Q: With about a 7 year time frame before my grandchildren may need to start drawing money out of the RESP that I have for them, could you please suggest 4 or 5 stocks that don't necessarily need to "shoot the lights" out in performance but that are relatively safe and will provide an average plus return for this time period. Dividend payers/growers are fine with some added capital gains would be ideal.
Thank you.

Q: Hi guys,
I am wishing to add another position for my kids RESP. They have a 10 year time frame before the oldest may start needing the funds. Currently they hold cgx,esl,ipl,xeg,xfn,xre,xsu,mg,thi, in roughly equal parts. I am trying to balance diversification, with growth, some income and things that they may in time find interesting (thi and cgx). I am contemplating sj, key, or stn. What would you recommend or should I just keep adding to what they already have. Thank you for your help.

Q: Can you comment on the Stella Jones earnings? Thx

Q: Peter and Team,

I am in the final throws of my decision to buy some Stella Jones stock. I understand from your report that they essentially profit from constructing some of the hard assets for rail roads (amoung other pressure treated wood products for tel-cos, utilities, etc.).

Focussing in on the rail part a bit, does this mean that they should see increased business for replacement ties, etc. as rail is used more and more heavily for shipping oil? It seems like this could act like a bit of a hedge to exposure to oil pipelines.

It seems like a good business (not sexy) and required business. I'd love your thoughts on what makes this thing grow.

Thanks!

Q: Good morning 5I

Glad someone asked about the model portfolio and if less than 100 thousand is worth it. With 50 thousand in my TFSA, which 10 of the twenty stocks in the model would you suggest?

As always,i value your insight.

Q: I have shares in Manulife, Sunlife and FFH that's a lot of insurance- I am thinking I should lighten up a bit and MFC is maybe my preference to sell it down a little bit- what are your thoughts on this?? Then I am not sure if I should just hold some cash and relax for a while or purchase some Stella Jones as per your research.

Q: Hi, can you please comment on Stella-Jones (SJ) results? Until your report is ready, is it OK to start a position at current levels($27-$28)?Thanks

Q: hello 5i:
two questions, if I may:
#1: is a report on SJ still "in the works", and if so when do you expect to release. I have a small position and would like to add to it, but am waiting for the report.
#2. its been about 3 months since the last question on Canadian Western Bank. Can you update this, and give me a "back of the napkin" rating on it.
One comment: congrats on the Ryan Modesto acquisition lol. 5i not only picks good management of companies, they obviously try to lure the strongest to their team. PH and N is (or was, before the acquisition by RBC) a tremendously respected company that has delivered very good, stable, results to investors for many years. Ryan's experience and acumen should do nothing but add value to 5i. Good job Peter; in hockey talk, you got a first liner!

Q: Can you tell me how the fall in the Canadian dollar will impact Stella Jones ( SJ )

Q: I purchased SJ last year, and it has come down since then, should I sell it now. I noticed you do not cover it anymore. Thanks for your answer. Shirley

Q: do you consider stella jones,(sj),to be a very good buy,hold, and put away investment, thanks?

Q: Do you think this a good time to load up on SJ given it's recent pullback?