Q: Great Canadian Gaming is now down 10% in the last three days. Could you explain this to me? I get that there was a story about money laundering in BC casinos. But these stories have been around for years and no illegality on the part of GC is even suggested. As I understand it, the fear is VIPs, primarily from oversees, are buying chips with bags of cash, and then, later, cashing out the chips. GC reports these as it is obligated to do but is under no legal obligation to do anything further. If the government decides to change the laws to stop them accepting bundles of cash is that going to cost them a lot of profit somehow? I don't think they're making anything if people buy chips then cash them out again.
Q: Your thoughts on TCN. Currently have 2% position in well diversified portfolio and wondering whether to hold and wait out the storm, sell, or add to position
Thanks
Q: Hello, I am interested in a comparison of GC and TSGI. I own TSGI, and I am comfortable with it, but now that you have put it into the BE I am wondering if I should sell half and take a position in GC, or sell all of TSGI and take a position in GC with the proceeds.
Thank you.
I recently added a full position in GC following suit with the BE Model Portfolio. With the news breaking today regarding BC Casinos, do you still consider GC a buy or is it now a hold/sell based on the headline risks?
Does the article below have any effect on the outlook of GC?
http://www.cbc.ca/news/canada/british-columbia/shelved-2016-casino-report-flagged-money-laundering-concerns-ag-says-on-it-now-1.4302713
Q: As a Canadian listed company with a US business, how are the dividends treated if held in a taxable account. (I was unable to find this on their website) thank you..gary
Q: PBH is a consistent top recommendation from the balanced portfolio. But are there risks from Amazon as they are also getting into the food business?
Most of the other food manufacturers and retailers have been negatively affected by the Amazon threat, but PBH so far has not. Could this change?
Q: Hi I have held this stock for about three years so am up about 20%. I understand this type of company is often valued based on net asset valu or book value. . If that is the case it is very undervalued. Is this the case of a great company but just an ok stock? Should I continue to own(sector allocation is not an issue).and if not anything else in the sector you prefer?. Thank you. Bill
Q: The yield on this stock at its current price is > 8.5%. Is this yield sustainable for the next 1 -2 years? It makes up 2.5% of my RRSP and I am considering adding another 2.5% for purposes of yield generation. Your thoughts please.
Q: Does the price of this debenture rise and fall with demand only. What are the other factors that would negatively affect this bond. When you say it can be redeemed in 2020 I assume this is by the company. (What are the terms of redemption) If you redeem at any other period I assume it is traded as any other security. I called TD but they were not able to provide me with any real info. The current price is $117.00 does that include paying the seller the interest payment since inception and the rest represents supply and demand? How could this debenture be seriously negatively affected? Thanks so much.
Q: Good Morning,
I am looking at selling my position in TFII and buying a position in either NFI or ZCL.
At current levels, which of the two would you recommend taking a position in?
Thank You
Q: I am long the stock and pleased with the trading action. It closed today at $24.90 on good volume, however at the close the stock offered at the closing price was 146,400 shares.
This is a large number offered at the end.
Your thoughts ?
Q: Can you comment on your position with respect to holding CSU.db in a conservative retirement income fund and what percentage you would deem appropriate.
Q: Back in August Ryan picked Stars as his top pick on BNN.I purchased thinking that it may go back into the Balance port. Would you suggest selling to buy gc,and can you do a comparison of the two for me.