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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: I am so far under water on BDI that I am tasting mud, and a little bit underwater on PD. I am thinking about taking the loss on BDI and dumping whatever pennies I get back into PD as a means to tidy up my portfolio. (I also own small positions in VET, WCP, and SGY - all under water as well.) Does this seem like a reasonable approach for someone with a reasonably long time horizon and a belief that the world is going to need oil for quite a few years yet - even if only as a feedstock for other processes?

Thanks - and congrats on the new baby. Exciting times in at least one 5i household!
Read Answer Asked by Dave on March 16, 2017
Q: Hi 5i team,

I am currently underwater on BDI can you comment on the recent news below and whether I should continue to hold. If you prefer to wait until 4th quarter results tonight please do so.

Thank you

Black Diamond Group Files Preliminary Short-Form Prospectus for $29M Bought Deal Financing; Cancels Conference Call


13 Mar 2017 09:14 ET



09:14 AM EDT, 03/13/2017 (MT Newswires) -- Black Diamond Group (BDI.TO), a provider of modular work space solutions and workforce accommodations, has filed a preliminary short-form prospectus in relation to the bought deal financing of 7.7 million common shares for gross proceeds of $29 million. The deal is expected to close on or about Mar. 17.

As a result of the financing, the company has cancelled its Q4 2016 results conference call, which was scheduled to take place on Mar. 14 at 11:00 a.m. ET. Black Diamond is scheduled to release its fourth quarter results after markets close on Mar. 13, 2017.

Read Answer Asked by Michael on March 14, 2017
Q: Hi,
I have a few thousand dollars to put into something looking for high potential growth. I have many years I can wait, don't need income (but all drips available are being utilized). Without considering portfolio weightings which of these would you consider to have the most upside? I'm totally ok with risk, as I have the well balanced, safer part of my portfolio in place. If not any of these could you offer a few other names please. If you like the names I've listed could you rank them in order of preference for high growth?

Thanks!
Read Answer Asked by david on March 01, 2017
Q: What are your thoughts on these? With more pipelines likely going through under Trump, pipeline service/camp companies will likely have a great upside. Is here something similar that you would recommend instead? Which of these do you prefer since I think they're fairly similar (correct?)

Thanks!
Read Answer Asked by david on January 26, 2017
Q: THe weekend edition of the Wall Street Journal reported that US oil producers have issued 2017 budgets that call for dramatically greater spending to tap new wells. Can you suggest some Canadian companies, small mid or large cap that may experience a direct material benefit?
Read Answer Asked by Murray on January 23, 2017
Q: Good morning,

I have been following BDI for a while. I know that they have raised money for a price higher than the current stock price. Also, they have serious debt to take care off and have cut their dividend twice already. Last Monday, they introduced a Drip program for dividend payout. Is this good news or bad news? Explain to me what the drip program will do the share price and how it will affect the current shareholders?

Thank, you

Paul
Read Answer Asked by Paul on December 23, 2016
Q: Hello 5I team.
I have positions in both BDI Black Diamond and HWO High Artic Energy. My average cost for BDI is $17.98 and the average cost for HWO is $3.75. Both positions are worth between $5k-10K and are part of my energy services portion of the portfolio. I am considering my options presently in regards to consolidating to one name or adding (3K) to either one. I am traditionally a long term holder and I am thinking I would like to bring down the cost of my BDI shares but maybe HWO is a better choice overall? Please advise me what you might do in this matter.
Thanks Jeremy
Read Answer Asked by Jeremy on December 05, 2016
Q: Thinking long term on the themes of infrastructure spending, recent pipeline approvals, (with maybe more to come in the US), and projections for crude to stabilize in around ~$60/barrel, do you see any tailwinds for BDI assuming they can keep the balance sheet clean? If not BDI, any other recommendations for companies providing support services to future infrastructure spending?
Read Answer Asked by Michael on December 01, 2016
Q: Hello, This question comes from your comments to Joel regarding BDI. I am holding DCI pending the completion of the sale and wonder if BDI would be a decent choice for income and future growth. I am thinking of selling now and making the switch. I would appreciate your thoughts, pro and con as well as alternates I could consider. My portfolio is well diversified so not a consideration for this change.
Thanks for the advice and input.
Brian
Read Answer Asked by Brian on October 25, 2016
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