Investment Q&A

Q: In your update, you say that "if an investor is not an optimist and does not fundamentally believe that the future will be better than the past, it might require a rethink on why one would bother to invest in equities at all.". I am an optimism by nature, but since 2 weeks, I am struggling with the apparent need for the Federal Reserve liquidity. It seems that once again, if central banks had not injected trillions of liquidity, many companies would have gone bankrupt. We could say that this is a "special world event", but, still, you start to wonder if one's optimism for growth is not instead optimism for government support. We just got a glimpse of what corporate high debt levels can do to stocks, small businesses, and even canadian renters. Interesting times!

Q: Good afternoon,

Keyera currently has a 12% dividend yield- do you feel this can be supported by their balance sheet and is it sustainable?

Thank you.

Q: Any idea on what’s behind the 10% decline today?
Would you consider this a long term hold?

Q: Would BAM.A be a buy, not sure about real estate right downs? Thanks

Q: I carry these stocks in my RIF account with different level of loss. They do not seems to respond to any positive move in the market. I am loosing patience. Should I sell.
What replacements would you recommend that could recover faster in this type of market.
I value as usual your opinion
Raouf

Q: Greetings all:
Jim Pattison has been buying a few million dollars of the above which
brings his % up. Wft has in turn introduced a poison pill. When asked
his reply was that it doesn't affect them because they have owned shares for 19 years. I have tried to understand this comment and
cannot. Please try to enlighten me.
Thanks,
Ben.

Q: What do you think of this ETF for fixed income portion of a portfolio?

Q: A question about corporate bonds from Gary posted April 14, was answered with "We would prefer to comment on individual issues that your broker might have rather than list several that might not be available." I see that your income portfolio includes CVD. This ETF seems to be not very large and not very liquid; is that correct? If so, I would otherwise be leery of taking a position; but here it is in the portfolio. Is it indeed something that is recommended? If not, is there another ETF that would be better? Or is an ETF not the way to go because of the potential failure of some bonds in any basket? Thanks,

Q: I realize this is completely out of your area of expertise, but I am at my wits end and hoping your experience, or that of your subscibers, can help. My sons received Brookfield Infrastructure Exchangeable Units as a result of the Enercare buyout in 2018. The units appeared in their accounts at BMO Investorline as they were supposed to, but have no symbol, just a name, and they continue to show a price and receive the distributions. I contacted Investorline to find out how to exchange them for "regular" units and they advised me to contact Brookfield. When I contacted Brookfield, they told me the conversion had to be done through the broker, and gave me a contact for my broker to call. I passed the information on to Investorline, and they responded that I had to do the exchange directly through Computershare. Trying to deal with Computershare has been like hitting my head against a brick wall. Do you or anyone reading this have any idea how to go about converting the Brookfield Infrastructure Exchangeable units into regularly traded units?

Q: Compelling argument in the financial post recently on oils rebound - ‘how the corona virus is setting the stage for the next oil boom’. Do you buy into this thesis? If so what companies would you look at with most upside and safety (Eg will be around to see it through)

Q: Given the number of companies either suspending or eliminating dividends , would you say the outlook for this fund to be rather weak, for the time being?

Q: Hi folks, comments on Q results for Aphria...looks like actual profit of +.02 per share, and a beat on Revenue. Starting to see the many failures in Pot Sector, but Aphria has $500M cash, and appears to be 1 of the few leaders in Pot land. Raymond James called a bottom in Pot sector in Q1/20, stabalization in Q2 & 3 with bankruptcies/mergers/buyouts etc...and the few remaining companies start to thrive in Q4/20. Do you agree with their thesis...and do you think Aphria will be one of the survivors?? Thanks as always & stay safe, jb Piedmont QC

Q: Hello 5i,
Paycom Software showed tremendous growth in 2019 (+117%) and was off to a great start in 2020. Could you tell me how the virus related business slowdown is likely to affect the business going forward? Can it regain its prior momentum?
Thank you so much
Dave

Q: I currently own PKI at 2.38% weight and under water but was wondering if I were to increase this to 3% weight if you are comfortable with this or wait a bit longer before adding to the name?
Thanks

Q: I have CGL.C in my non rrsp account and do have a capital gain so I am thinking of selling this as I do have some capital loss that I can use it to offset the gain. I know you also mentioned that PHYS also has lower fees than CGL.C so would this be a good switch?
Thanks

Q: I did own bbt Corp which amalgamated to become truist Corp.
Not doing too well, down considerably
Please comment on this bank going forward
Not sure if I should sell or hold
How does it compare to other regional banks
Many thanks for your great service
Peter

Q: Good morning,

I have some cash to add to 3 new US technology positions. I am looking for growth, and I am comfortable with volatility. Looking out 5 years what would be your favourites from the list above at current valuations. Any concerns with the list above? I already own MSFT, SQ, RPD, DOCU, AYX. If you have other suggestions please do share. Thanks in advance.

Q: I talked to a RBC adviser and he told me that I can exchange new BIPC shares into BIP.UN but don't have any information on exchanging of BIP.UN units into BIPC shares. Do you have any information whether BIP.UN units can be exchanged into BIPC shares?

Q: After the big downturn, what is your opinion of CRT, based on an April 1 TDwaterhouse REITs report the CRT metrics are not bad. With 77% concentration of Canadian Tire, would you expect Canadian Tire to do really bad ?, and even if CT is somehow down in sales, it still have to pay the rent to CRT, would you buy CRT now , a 40% posicion ?

Q: Can you please offer me your insight on Middleby. Stock has been excruciatingly punished, moreso than restaurant stocks.
Do you think There is value at this level. Would you buy?
Lastly is balance sheet strong enough to survive a recession?
Thanks