Investment Q&A

Q: Which one of the following do you think has the highest growth potential in the next 3 years without being too risky?
CXI
AYA
PHM
I normally don't buy stocks that don't have a dividend, but I'm looking to use one of my 20 CA stock positions to add a little zip. Perhaps there's a better pick apart from these 3? cheers

Q: I bought CSU at 112. I sold at 156. I rebought and sold at 225. I rebought and sold some at 400, and am now contemplating sale of the rest at 475. This stock won't stop increasing in share price and as a consequence now represents 14.73% of my portfolio. I truly appreciate your reco on this one, but do you see anything to deter from holding onto this stock with this weighting?

Thanks!

Eric

Q: When is their next earnings report expected? What are the expectations for revenues and earnings? I know that oil industry and all related companies have been hit...what do you expect from this company and it's share price moving forward?
Thanks, Mike

Q: Hi there,

Can you please give your current assessment of this stock - it reported great results but seems to have spiked recently and gotten ahead of itself. I have owned this one for a very long time and it would appear to be a good time to rebalance and take a bit off the table.

Q: Some simple thoughts regarding ACQ's future potential and reason for considering it still a good long term hold.

1). Warren Buffet in the U.S. is buying up dealerships in the U.S. primarily for the same reason that ACQ is using in Canada which is that the dealer principles (owners) or getting old and want out so many are looking to sell so it may be a bit of a buyer's market with a sustainable future (auto sales and repairs).

2). ACQ's present dealership inventory is primarily in the west with a major concentration in Alberta (oil/gas territory). However, I wonder with this lack of Canada wide diversity (they do hold a few dealerships in Montreal and other easterly provinces) will ACQ continue to expand its territory more into the other Canadian provinces? If they do this they will greatly reduce the Alberta affect on their income and bottom line, which would be good.

Only time will tell if they expand significantly outside Alberta and the west in general.

Do you think this is in the cards for ACQ? Or have they suggested indirectly that they will not expand more into central and eastern Canada that I am not aware of or forgot?

Stan

Q: 5i
Recently Magna had a 2 for 1 stock split .
Could you tell me when that happened and what was the actual pre and post stock split prices ?
Thanks
Bill C.

Q: Hello, need help with a bit of housekeeping. I like MCB’s cash position, global exposure and get paid to wait (5% yield). I will have to sell shares to purchase MCB. The energy/pipeline sector (WCP, CPG & ENF) make up 12% of my portfolio, with WCP making up 7% of my portfolio. I was considering trading ENF for MCB but, not sure after reading your answer to Darcy and Ken today.
Should I bring WCP down to 5% and purchase ½ position in MCB, sell ENF and replace with MCB or do nothing?
Thanks

Q: For those of you who own EasyHome, you probably have been frustrated by the weakness of the stock, even after good earnings, a cheap valuation, plus an increased dividend. I wanted to share that today, Eric Nuttall selected it as a top pick. He said that the exposure to Western Canada is only about 7%. The stock moved up 4%.

Q: What are your thoughts on the debentures that Constellation issued last year and the new debentures that will be issued this year?

Q: Do you prefer pza.un or aw.un. Thank you. Don.

Q: I find this company very frustrating. The stock price fell 20% the week after I purchased it in Jan/14. It then rose to $90.00. Now it has erased all those gains and I find myself underwater by almost 30%. I have this stock as "Consumer Discretionary" but it seem too tied to the energy sector. It represents only 2% of my portfolio and I think oil has a very good chance of taking a step down from here. I am thinking of replacing it with another consumer stock such as ATD.B. Would this make sense or do have another suggestion.

Q: Can I have your opinion on NPI as an income investment for a long term hold. It seems well recommended by the pundits of Business News Network and BMO Invest but it also has -.82 income per share. Is this a major concern?

Q: I hold First Service Corp (FSV) in a registered account and it has grown to a full (5%) position in my total portfolio. I anticipate reducing my holding post company split. The stock price continues to march higher. At this time do you think it is under valued,fully valued or overvalued based on the anticipated results of the successor companies over the next 12 months? Which of the two successor companies do you prefer, Colliers or the (new) First Service Corp going forward and why?
Thanks, Tim.

Q: I have been holding BIP.UN and not BEP.UN. What are the differences between the two? Which is the better one?

Q: I have been moving towards replicating, as much as possible, your Balanced Equity Model. I am with Scotia iTrade who now have a performance tracking system. In February, my return was 5.48% (March is not yet available). Your portfolio, on the other hand, returned 7%.
I do not yet hold AYA, CSU, DSG nor SYZ. But I do hold SLW and IPL plus some Low Volatility ETFs for international diversity. All holdings have a initial purchase balance of 5% or less.
Do you have any suggestions as to which I might sell and which I might buy with the proceeds?

Q: I think you have mentioned in the past that for a retired conservative income investor, it would be appropriate to hold roughly 15-20% of foreign equities.

My first question is regarding 15-20% of what...the total portfolio of equities and fixed income or of only the equity portion?

My 2nd question is regarding each company and where they are domiciled. For example, BNS has 44% foreign income (based on their annual report). Do you count BNS as 0% foreign or 44%? WSP has 79% foreign. Do you count it as 0% or 79% foreign?

I have done it both ways. Using only where the stock is based (ex: BNS = 0% foreign), I get 14% foreign content. Breaking each company down by the income percent by geographic, I get 22%. Both of these #'s are a % of my total portfolio.

However, if you take the percentage of foreign content divided by only the equities (ignore fixed income), I get 35% foreign.

Back to my question...15-20% foreign content = based on what?

Thanks for your help.
Steve

Q: Hi,
I just noticed that Amaya had sold Cryptologic and Chartwell
prior to selling Cadillac Jack and I am beginning to wonder
if AMAYA may be getting a little bit “ hollow” and may not have much
powder left (other than goodwill and cash) if gambling
restrictions are relaxed in the US.
Do you have any insight as to what strategic assets AMAYA
may still hold to capitilize further should gambling restrictions be relaxed
(if this a duplicate question please ignore one or the other. I felt that
My first attempt may not have been accepted )

Thanks

Q: Ag Growth International in the last month has dropped from $57.72 to $50.80. Does this look like a good entry point for this stock?

Q: With the unfortunate passing of the ceo any implications for the company? As he was so well respected do you think the company would be a takeover target.

Q: Hi Peter DH sold out both the debentures and stock in the first minute of trading I had my expression of interest in an hour after the close and got none.That is good news .BPH.UN and RNW have not traded over the offer price all week and are still open .A re these deals going to collapse?
Kind Regards Stan