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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: In your most recent comment on Atlantic Power Corporation, you said "2014's payout ratio will be above 100%." Yet the payout ratio for 2013 is estimated at ~70% (per <http://www.prnewswire.com/news-releases/atlantic-power-corporation-releases-third-quarter-2013-results-231059291.html>); how is it possible to estimate such a sharp increase even before 2014 forecasts are published? (Or am I looking in the wrong place for this information?)
Read Answer Asked by John on November 12, 2013
Q: Thanks in advance for taking my question.
I am considering a long term investment (10 years plus) in Corby Spirit & Wine (CSW.a). What do you think about it's long term prospects as a Canadian consumer staple company.

Many thanks again.
Read Answer Asked by John on November 12, 2013
Q: Hi Peter
In your answer to Kim yesterday about Bird Construction [BDT] you explain why the stock dropped that day. In the last 2 years Bird took over H J O'Connell Ltd. and Nason Contracting Group Ltd. and shortly after that the stock price has trended slowly down a bit. Is Bird having problems integrating these new acquisitions? The dividend has grown steadily over the last 5 years and is now over 6%. Is the dividend secure and is this now a buying opportunity for a patient dividend investor?
Many thanks. Paul
Read Answer Asked by Paul on November 12, 2013
Q: I have 32% of my registered portfolio in energy and 0% in utilities if pipelines are considered in the energy sector. I own IPL, PPL, TRP, ENB, GEI and SCL among other oil and gas names none more than 5% per name. I wonder if I own too many pipelines that may be simular. Would you recommend I sell any and if so which one. Thank you very much for the valuable service. I will chime in and agree that you limit the number of questions asked per member per year. I must say I have hesitated to ask questions as I didn't want to overwhelm your team. I would feel more comfortable knowing you will continue this service with set boundries.
Read Answer Asked by Cheryl on November 12, 2013
Q: NIF.UN-stock price same zone last four years, good ROE, low debt, low payout ratio. Buy for income only-however, not sure I understand it's structure??
Read Answer Asked by James on November 12, 2013
Q: Hi Peter and team: would you please give an update on K-bro Linen? At this point in time, is it a buy, sell or hold. Thanks Cathy
Read Answer Asked by Cathy on November 12, 2013
Q: Hi Peter,

Can you clarify the Smoothwater issue happening at EQI?
It looks like this might get nasty and distracting, albeit a positive for the stock.

It can't be a coincidence that they Smoothwater released this 24 hrs ahead of the earnings announcement.
Just looking for your take on this.

Thanks,

Read Answer Asked by JAIME on November 12, 2013
Q: EQI - Equity Financial

What is your take on the early warning report filed today (November 11th) by Smoothwater Capital, suggesting that Mr. Kyprianou may be trying to effect change in the management of Equity Financial? Is there a legitimate possibility that Kyprianou will be re-appointed to management? The market appears to like the idea of people fighting for control.

Thanks!
Read Answer Asked by Tom on November 12, 2013
Q: Good morning. After reading through EIF's earnings report I am considering averaging down because the poor results appear to reflect expenses involved in Westower's rapid growth, and management has encountered such situations in the past with early return to profitability. I would appreciate your insight. Thanks.
Read Answer Asked by richard on November 12, 2013
Q: How do you feel about Sentry Canadian income and can you suggest a better alternative as these fund type investments are expensive. Thanx
Read Answer Asked by Robert on November 10, 2013
Q: Good morning. I would appreciate your thoughts on recent results from CDL.A and BPF.UN. Any change in your long term outlook for these companies?
your insight is much appreciated.
Read Answer Asked by richard on November 10, 2013
Q: atp has gone down lately ,could comment on it's future.andre
Read Answer Asked by andre on November 10, 2013
Q: hi peter and team,

Can you comment on boston pizza results announced last week. Small same franchise sales growth. Is this worth continuing to hold?
Read Answer Asked by kelly on November 09, 2013