Investment Q&A

Q: You have received several inquiries about Constellation Software in regard to whether or not it has lost its shine in that it is becoming more difficult to grow by acquisition. Would the same reasoning apply to Open Text? Thank You.

Q: Hello
I want to add 2 growth stocks to my portfolio. Of the listed stocks can I please have your 2 top choices.
Thanks

Q: What would be a few names you might suggest to replace RDM ( either growth or growth plus income) Thanx Robbie

Q: Hello 5i,
If you had to choose between Enghouse and Open Text today which would you choose for growth over the next 2-3 years. I own a small amount of each and want to consolidate.
Thank you
Dave

Q: I am selling my DH holding in the very near future, and want to replace it with another company in the technology sector. I plan to take about a 4% position with my proceeds from the DH sale along with some additional uninvested capital. Along with my plan to increase my holding in ABT to about 2%, this move would increase my technology holdings to about 6%. I would strongly prefer to buy one company rather than two, and I am debating between KXS and OTEX. I know that KXS appears poised for further growth, while OTEX is more of a mature company, with a track record to support it. If you had to choose one, would you go with the proven entity in OTEX, or the company that appears poised for significant growth in KXS; or would you split the investment and buy both? I am trying to limit my holdings, as I have found that I had too many small positions that didn't really add to my bottom line while increasing my bookkeeping efforts. I would like to take the position some time next week, as I have learned that timing the market does not prove to be as valuable in the long run as spending time in the market. Thanks for reading, and I look forward to your response.

Q: We have zero exposure to this space, could you rank these stocks for us please as I would like to pick up two or three names. Any others to consider?
Thanks,
Ted

Q: Hi, I had to sell some Enghouse for portfolio rebalancing and would like to stay in same sector or with a similar company. Would Open Text be a good replacement? Thanks, Bill

Q: I am considering selling DH now rather than wait for closing of the sale. I would like to replace it with 1 of the 3 mentioned. Which of these 3 would you suggest or do you have another good alternative. I am thinking that my replacement would likely make up for the amount lost by not waiting for the closing of the DH sale. It does not have to be a Dividend payer.
Thanks 5i for the great information and advise that you give. It has certainly been very helpful and profitable for me.
John

Q: in your answer to neil you say open text might not have the same potential as shopify or kinaxis, i own lots of all 3 ,but why do you say that.
in a software stock i wants lots of risk and loads of potential.dave

Q: My percentage market allocation presently in Altus, Kinaxis, and Open Text are 4.41%, 7.38%, and 3.85% respectively. Perhaps I'm top heavy in Tech stocks, though I plan to boost OTEX to a full position down the road. Would it make sense to sell AIF and replace it with either GUD or CRH since I hold no medical stocks at this time? You have helped my analytical skills tremendously, though I'm not good as digesting financial statements.

Thanks for this and keep up the good work.

Q: Hello.
I have been looking for a Technology stock to enter. As per an earlier comment today, I too find prices high and given my own investor behaviour have not faired well with some of the high prices and volatility.

So looking at OTEX, would comment on some of the fundamentals. BMO shows P/e of 7.4 at current price. I have seen where you comment previously about positive position this Waterloo company finds themselves in the market. What may be expected of OTEX going forward if bought today?

If there is more you can add to buying high priced names and how to hang on through volatility, it would be great. The only way I can do this is to buy and sell on 5i actions.....which is somewhat inappropriate expectation to place on this service.

Always good responses.
Thanks
Dave

Q: looking to add to tech holdings at some point in the near future. CSU is a 2.5% weighting in my portfolio. which of these 2 would you pick as an addition and why? thanks in advance.

Q: I purchased a half position of OTEX in my TFSA with the intention of holding for the long term. I found out afterward that it pays dividends in US dollars. I don't have a US account and the present price is roughly around what I paid for it. I'm wondering if I should sell and buy a full position in my RRSP account. The cost for 3 transactions would be approx. 30$. Do you think this is a reasonable plan, or should I just stay in the TFSA? Thanks, Paul

Q: Just joined and will be slowly adopting your balanced equity model portfolio.

I am heavily overweight in financial ( 25%) and energy ( 19%) and have very low exposure to tech ( 2%). Which 1 or 2 of the tech stocks currently in your portfolio/research would be best to add at this point in time. I will probably drop each by about 5% to get 10% into the tech stocks you suggest as a first move.

Q: Based on other responses you prefer OTEX over DSG when forced to choose. I understand one reason may be valuation, but please expand on your other reasons for that preference. For example, does OTEX have a better growth outlook. If one owned DSG currently but not OTEX would you sell DSG and buy OTEX. My preference is to own one or the other and trading commissions and taxes are not an issue. Thanks for your reply.

Q: good day to all the team and thanks for your continuous super guidance and advice
If you had to pick one which would be your best choice and which would be the second
thanks in advance
georges

Q: Late January you commented that Open Text was trading at 15 times earnings or so...however I cannot figure how you calculated this.
Was it forward earnings? GAAP or Non GAAP earnings? What was the earnings number you were using?

Q: Do you see Enghouse or Open Text as having more potential?
Thank you

Q: OTC split 2 for 1, so I am confused as to what happened. I bought 100 pre-split @ $81 and would up with 200 post-split @ $63.
Is this an error?

Thanks.

Q: Good Morning
Firstly, thank you for guiding me towards TNC. Although the premium offered is disappointing I will still book a 50% profit in my TFSA on a company that was nowhere on my radar without 5i. I've narrowed down my replacement to either OTEK or PHO. do you prefer one over the other?
Thank you for your continued guidance