Q: Hi
Is $66 a good entry point for Stantec (STN) as a long term hold? You had suggested to add it to my portfolio; I was waiting for the price to settle a little from its high in December.
Thanks
Tony
Q: Hello, I am considering investing in Prism Medical Devices a small Canadian Company that specializes in medical lifting devices. Could I have your opinion on the company?
Q: Gildan re cently stated that cotton prices for the current year are expected to rise . Do you see this as an obstacle to buying more of this stock ?
Also what be your top 2-3 energy picks be for this year . Thinking of ceu , tourmaline or vermillion .
Thanks again
Bill C.
Q: Reading through my Enghouse 2013 Annual report. EPS of 0.94 which is up 15% over 2012. This implies a P/E of 33.85/.94 = 36 times. With duplicate growth in 2014 of 15% this implies a P/E of 33.85/.94 X 1.15 = 31 times. QUESTION - Does 31 times not seem a little rich for forward earnings?
Glad you put a limit on questions. Although occasionally insightful your time spent on company analysis is much more valuable. Thank you.
Q: Hello 5I,
What is your view on Horizon North (HNL)? They have recently made 2 announcements. There is obviously bad feelings over events of the last month but as a longer term hold and a play on oil sands & LNG are they a good company too own?
Q: 3:21 PM 2/11/2014
Hello Peter
The Northwest Company NWC has been dropping but I am still up 13.4% and I am wondering if it would be prudent to just sell and take my profits.
Sadly my Liquor Stores LIQ is down 28% from my purchase price. Should I just cut my losses here and move on?
I am down $23K on LIQ and up $6K on NWC so the gain is more than offset by the loss.
I do think consumer stocks will continue to fare badly and other market sectors seem to me to have much more promise.
I am inclined to buy some of PZA, T, MIC, RUS, AFN, WCP with the proceeds if I sell either or both.
Regards and thanks....... Paul
Q: Just a comment, but whenever a company announces bad news like mccoy did yesterday and horizon north logistics did 3 weeks ago, for me this is a huge warning sign, i immediately sell and never return, your first loss is your best loss. There are so many great opportunities , why wait months until maybe these companies recover and that is a big maybe. I owned both mccoy and horizon and i am now long gone. I am averaging 16 per cent annual average return forthe last 10.5 years so i feel i know what i am talking about.have to disagree with you to hold mccoy, that was one awful announcement. Dave
Q: Hello,
I see MCB is down a lot this morning on warnings of Q4 results being substantially lower. Should I sell or is this OK for a longer term hold? Thank you.
Q: Hello,
Financials sector: I hold BNS, TD and ZUB; I just sold CFN to buy either HCG or EFN
Services sector: I hold BYD, CGX and KBL; I'm thinking of buying either THI or ACQ
I value your opinion
Tony
Q: When you last rated Stantec, it was trading at a P/E of 15. Now, it is trading at a P/E of 22. Are you still comfortable buying it here? If not, how much of a pullback would you wait for?
Thanks,