Investment Q&A

Q: Hi Guys, I am absorbing a lot of market information and I am more frequently seeing that a market crash is imminent!
Many large investors are keeping there money out of the market at the moment...
I understand we have some sectors out of favor right now like oil, and many others sectors are doing just fine. I am not sure how to interpret the tea leaves so to speak and I have poor intuition on timing the market like you guys.
From all the information you guys scour from the market, probably more than what the average investor has access too, can you provide some market intelligence to us (your customers) on a regular basis?
Regular basis to me would be weekly and sometimes more frequently depending on global events. The oil sector I see has been telegraphed for sometime and yet I did not see this coming. I am sure you guys have access to info on the oil sector that may have dictated this downturn quite possibly.
I guess I am saying, is there a regular feature you can provide us that gives some timely market intelligence and sectors we may want to reduce or increase our holdings in?
Thank you!

Q: Hi,

Are either of these stocks suitable for a long term hold? If you had to choose between these two stocks as a long term hold, which would you choose?

Q: Hello Peter & Co.
I recently trimmed my energy exposure by exiting BTE and CPG from my RRIF portfolio with the intent of adding to my current positions in HWO, TOU, VET and WCP; however, given the energy outlook in the next while (?), I decided to postpone that decision. As a result, the sector weighting is reduced from 10% to 6.5% (vs 2.6% in 5i equity).
However my exposure to financials is 7.8% (vs 12.9% in 5i equity); it includes BNS, EFN, HCG and TD. I'm thinking of adding SLF and DH at current prices (DH could also be classified as half financials and half technology). Does this sound OK to you?
As for technology 13.2% (vs 22.3% in 5i equity) I hold CSU, CGI,ESL,MDA and OTC. I'm thinking of adding DSG at current prices; is it OK to do so?
Thanks,
Tony

Q: This REIT pays it's dividends in US dollars. Would this be a good buy at this time?

Q: Hello Peter & Co,
I have scanned many financial advisors' returns and find that your equity portfolio's returns are up there. Congratulations!
It took me quite a while to replicate that portfolio; I now hold 15 of your 22 stocks + a few in the health/pharma sector.
However, I wonder if you consider "the big picture" in your stock selection process; I'm asking this because I foresee some key catalysts pointing to some additional pull backs (eg. Fed fund rates increasing, Euro zone and Japan weakness, strength of US dollar putting pressure on Emerging economies, prolonged weakness in the Energy and Materials sectors).
I look forward to your response,
Tony

Q: Recent questions & comments about BTE mention the recent large acquisition & > debt.; however, they did just divest of a property and commit almost $300M to paying down their debt.? Comments please as I do own this one & was thinking of buying more.

Q: Hi 5i,

I appreciate oil is down materially in H2 2014, but I still scratch my head at SPE's recent performance. The stock came out with a fabolous quarterly update showing current production levels exceed year end targets. The company's management team is top notch and the netbacks are some of the highest in the industry. With all that said, why does the stock continue to fall.

I'm debating taking a loss on SPE and playing a sector with more short term momentum. Do you have any recommendations on particular stocks that you would be adding to today?

Q: Good Morning Peter and Team,
I am slowly but surely moving toward the "Model Income Portfolio" in one account and toward the "Model Portfolio" in a separate account. Different objectives for each account. I have owned PEY since 2010 at about $13 in both accounts. Does it make sense to have PEY and SGY at 2.5% allocations each in my version of the Model Income Portfolio and PEY and WCP at 2.5% allocations each in my version of the Model Portfolio ??? That way I have exposure to half natural gas and half light oil for my energy weightings in each account. As an aside I read Darren Gee's President's Report every month and I strongly encourage other 5i subscribers to do the same. Peyto is one of the most shareholder friendly companies in the energy sector and extremely well run. I would appreciate your opinion of my proposed energy sector allocations. Thank you. DL

Q: Is part of the concern with Baytex that the operator (Marathon) of its Eagle Ford American assets, which it just bought, could expand the capex spending to a point that Baytex cannot afford.

Q: Your previous report and company comment sited higher cotton prices as a potential concern-since then I believe spot cotton prices have dropped about 1/3 What affect should this have on their margins. I would like to add to my position but P/E is a little high?? would you buy now or wait until their quarterly report in Dec. thanks Paul F.

Q: Prometic Life Sciences (PLI) has gone up from $!.60 in the last short while to as high as $2.20 and now they are doing a $25M financing. I tried to buy 25,000 shares and received zero! Is this stock a little expensive or would you buy it and hold for three years?
Thanks.

Q: Peter Where do you feel from a technical aspect were the bottom for Bte is It drops every day .I view a day with a 1% drop as a win
Stan

Q: Could I please have the consensus revenue and eps for Q3?

Q: Hello,
What is the inception date of both equity and income portfolios?
Could you please indicate them on your monthly returns reports?
Thanks,
Tony

Q: Dream Office has reached a new 52 week low this morning. I own 500 shares at $33.00. I bought it primarily for income but these new lows are making me nervous.
Would appreciate your advise. Hold or sell or ?

Q: knight sold their FDA voucher to Gilead for 125 mil US. This just reinforces my view that you want to stay with this mgt. team for the long haul. your comments please.

Q: your opinion on this company and stock price after the action today. thanks

Q: Question to you and your group. May I have your thoughts on the transports going into the year end and mid 2015. I am looking at TMA-T. The wood and cement segments look strong and stronger going forward. Or do you see a less riskier trade in the IT space.Also looking at Svc-T SANDVINE. The ROE, ROI, ROA looks good.
Thanks Jason

Q: Hello Peter
Tim Hortons currently has a direct share purchase and dividend reinvestment plan which is administered through Computershare. My grandchildren hold shares of THI through this plan. If the THI merger with Burger King is approved my grandchildren will have to elect whether to receive cash for their shares or exchange them for shares in the new company, or a combination of both. It is not currently known whether the new company will continue the dividend reinvestment plan. If they elect to receive cash are you aware of any other Canadian company that allows direct purchase of shares and dividend reinvestment for investors who are not already shareholders? The grandchildren's accounts are not large enough to warrant opening brokerage accounts.
Thank you
David

Q: BMO has made a bought deal with CHE.UN 0f $ 100 million financing at $ 21.30 per share. I would like to buy this stock for its dividend, yield 5.5 %. Is dividend sustainable ? What price should I pay. Your advise or comments will be appreciated. Thank you