Investment Q&A

Q: Is now is a good time to average down on TSGI, either in general or for my specific case? I.E. is the likelihood of a turn-around for TSGI good enough to invest a little more at a time of high pessimism for this stock (buy low)?

Context for my case:
o I hold TSGI in my RSP,
o it is currently 1.1% of all our portfolios (which are up 20.7% YTD),
o it is down 56% since I bought in July 2018,
o I don't need the money from TSGI for a few years (I'm under 60).

Thanks.

Here is the summary of the 5i report from June of 2018:
"It is hard to not be impressed by what TSGI has accomplished. Over just five years, the company has grown from a market-cap of $500 million to $7.2 billion. While it has been a messy story, this is another case of a great Canadian company that no one ever talks about. Even if TSGI is trading at a premium to peers (we do not think it is materially more expensive), the valuation is cheap with respect to the growth and cash flow the company has. Meanwhile, we think the SBG purchase has a lot of potential over the long-term but this of course could lead to a few mixed quarters as costs related to the purchase work their way through results. We are upgrading TSGI one notch to ‘A-’."

Q: How does Q2 look...would you add here? Thanks.

Q: Your thoughts on Power Corp for income and growth.

Q: Please comment on whether two companies are good investments. I see Carl Icahn is showing interest in CLDR. What does this mean for the company?

Q: I would like your opinion on MSI going forward.
I have owned MSI in my TFSa for several years now & it has done very well, however how does it compare it to another industrial companies such as CAE going forward. Some parameters of comparison that would interest me would be debt level, holding up in a recession, insider ownership.
If you think a switch from MSI would be advantageous at this point are there other companies that you would recommend over CAE?

Q: Considering TFSA, which of these two would be your preference? Thankyou.

Q: I've got some cash in my RSP I would like to put to work. How would you rank the above to top up from a half weight to a full weight position, (Strongest to Weakest). I am growth investor with a 5 to 10 year timeline.
Thanks and hope you are enjoying your summer.
Greg.

Q: GH price has had a rough week, any particular reason, and do you still like this company on a long term basis for growth, I have a small position and wondering if I should move on, or stick it out.

Q: I should have bonds in my portfolio as I'm 69 but don't currently. I am considering XBB to diversify the portfolio - other suggestions?

Q: Why is it getting whacked today?

Q: Any recent news? It has been hit quite dramatically in the past two weeks

Q: Hello
Could you comment on CVS and AIG following recent earnings?
Regarding Amazons possible entry into Health market (online pharmacy I believe), has there been any recent news on that?

Thank you
Stephane

Q: Morning guys:
This name is reporting this week and I’m down over 20 percent with a pretty significant weighting . Are you still as optimistic as you have been in the past to hold for the long term ?
Thx
Mark

Q: Not many if anybody is interested investing in Energy stocks,does this create an opportunity in these stocks in long term?
With so much volatility in the market which stocks are unfairly bitten and can be good buy except MX-T?

Q: Could I get your thoughts on Surge. Seemed their latest financials were pretty good. I appreciate the sector is out of favour but todays stock prices for Surge seem to be extremely over pessimistic. You would think oil will still be a very necessary commodity for many years to come. So are we looking at some algorythm or something fundamental which I missing to cause the downward spiral this company seems to be in?

Q: Which stock would you recommend Detour Gold or Barrick?
Many thxs
Wayne

Q: Please comments on short term issues causing big drop in the stock recently, is this an over reaction in your view? Is your reason to buy this stock still intact ?

Q: You had recommend these stocks back in March when I had asked for some growth names for 2-3 year old. Unfortunately I did not pull the trigger and Both stocks have run up a fair bit. Is this still a good entry point or perhaps wait for a general market correction for go easy and BOYD. Also thoughts on Spinmaster to initiate a position. Thx

Q: Hi 5I,

After listening to the call today, it appears that the lowered forecast is due to the capex spending in the US in order to ramp up their business in PA, NJ and 2/4 other jurisdictions would this not be considered a reasonable expenditure to open up a nascent marketplace such as the US?

Do you view the call any differently, and has the business fundamentals changed that much to warrant the beating in the stock. If anything, I am looking at taking another bite at this low valuation.

Your thoughts?

Q: I have been rebalancing my portfolio over the past six months, reducing financials and energy and increasing utilities, telecoms, and US technologies ( all in companies you have been positive towards). I remain overweight financials, with Canadian Banks and insurers. I do have a very long term horizon, say 25 years, so if history and my nerve holds, my wife and I should have the desired dividend stream and a decent shot a capital gains over time. However, after reading yet another “we’re all gonna die” column from Dave Rosenberg, it made me wonder if I shouldn’t continue my shift and sell down more financials and increase in sectors with strong dividends that might better weather the storms that may or may not be imminent. What are your thoughts?
As always, I value your opinions. Thank. You.