Q: Peter, what is your opinion of the value of the information compiled by INK Research, related to the insider trades of Canadian listed companies?
Bob
Bob
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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: goood evening , I would like it if you could give me a brief definition of the terms green field and brown field projects . I hear these terms on various financial shows but i don't know what they mean. Thank you for your time.
Q: My daughter has $27,600. in RRSP. Shares in HR.un and Leg and $14,000. in cash. Should HR & Leg be sold, both are down. Any
idea what to purchase with the cash? If ETF which one?
Thank you
Helen
idea what to purchase with the cash? If ETF which one?
Thank you
Helen
Q: Hi 5i,
Can you provide me with some information on what you would say are your sell recomendations? I searched by rating and found only 3 stocks in the d category with the most recent update of Oct/12 and 1 stock in the f- category with an updtae of Jan/12. Have there been no other losers or stocks to sell? How often do you go through the model portfolio and provide updates? What level A,B,C, etc do you think a sell fits in?
Thank you,
Colin
Can you provide me with some information on what you would say are your sell recomendations? I searched by rating and found only 3 stocks in the d category with the most recent update of Oct/12 and 1 stock in the f- category with an updtae of Jan/12. Have there been no other losers or stocks to sell? How often do you go through the model portfolio and provide updates? What level A,B,C, etc do you think a sell fits in?
Thank you,
Colin
Q: In my investment portfolio I own preferred shares, bought for safety and peace of mind in my investments. The preferred shares are from good stocks such as bce, banks, brookfield. The preferred shares make up about 10% of my portfolio. All these pref shrs are down quite significantly right now. Am I correct in my understanding that on the five year maturity these shares can be redeemed for $25. If this is right, would it be a good investment to buy more of these pref shrs right now while they are down in value and make more capital gain?
Thank you for your help
Thank you for your help
Q: As a dual citizen (I took out US citizenship when I lived there in the 1980s) I pay taxes in both countries. I have hesitated to buy US equities because of the witholding on dividends, which I never get back. But your recent answer reminded me that I would probably be stuck with a capital gains tax as well. Is that true as far as you know?
Q: Do you know how much money is on margin in the Cdn market and what kind of a percentage drop would occur is all that borrowed money left the Cdn market? Thank you.
Q: Hello Peter,
I know that US company dividends are taxable like interest income in a non-registered account. Is it the same for capital gain?
Regards,
Gervais
I know that US company dividends are taxable like interest income in a non-registered account. Is it the same for capital gain?
Regards,
Gervais
Q: Could you please give me your opinion on market growth GIC's.
Thank you,
Milan
Thank you,
Milan
Q: hello 5i:
I believe you have answered this question in the past, but don't know how to look it up. Considering that you have an "average" company with average prospects (if such a thing existed), what is a reasonable price/cash flow? What would be undervalued and overvalued on a price/cash flow? I realize there are a number of variables affecting the answer; I'm just trying to simplify things.
thanks
Paul
I believe you have answered this question in the past, but don't know how to look it up. Considering that you have an "average" company with average prospects (if such a thing existed), what is a reasonable price/cash flow? What would be undervalued and overvalued on a price/cash flow? I realize there are a number of variables affecting the answer; I'm just trying to simplify things.
thanks
Paul
Q: Hi: In today's Globe and Mail Scott Barlow writes an article that paints a gloomy picture on the future of the Canadian Equity market. I would appreciate your thoughts on this article. Thanks Brian
Q: Can you explain in simpler terms what Aya.wt entitles you to---is it a reasonable way to play Amaya?
Amaya Gaming Group Inc
Symbol C : AYA
Shares Issued 50,205,397
Recent Sedar Documents
View Original Document
Amaya Gaming 28,750-special-warrant private placement
2012-02-17 19:49 ET - Private Placement - Debenture
The TSX Venture Exchange has accepted for filing the documentation with respect to a brokered private placement for Amaya Gaming Group Inc. announced on Dec. 15, 2011, and Jan. 11, 2012:
Number of special warrants: A total of 28,750 special warrants, each automatically convertible, for no additional consideration, into: (i) one unsecured subordinated debenture having a $1,000 par value and convertible into common shares, and (ii) 50 common share purchase warrants, each entitling its holder to acquire one common share at a price of $3 per common share until April 30, 2015. The special warrants will automatically convert upon filing of a final short form prospectus qualifying for distribution the convertible debentures and the warrants within 80 days following the closing date of the private placement. If a final receipt for such prospectus is not obtained on or before March 31, 2012, each special warrant will thereafter entitle the holder thereof to receive, upon conversion, at no additional consideration, 1.1 convertible debentures (instead of one convertible debenture) and 55 warrants (instead of 50 warrants), resulting in the issuance of a total of 31,625 convertible debentures and 1,581,250 warrants.
Purchase price: $1,000 per special warrant
Convertible debenture: $28.75-million (an additional $2,875,000 of debentures could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)
Conversion price: convertible into common shares at a price of $3.25 per common share until April 30, 2014
Maturity date: April 30, 2014
Interest rate: 10.5 per cent per year
Warrants: 1,437,500 warrants to purchase 1,437,500 common shares (an additional 143,750 warrants could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)
Warrants exercise price: $3 until April 30, 2015
Amaya Gaming Group Inc
Symbol C : AYA
Shares Issued 50,205,397
Recent Sedar Documents
View Original Document
Amaya Gaming 28,750-special-warrant private placement
2012-02-17 19:49 ET - Private Placement - Debenture
The TSX Venture Exchange has accepted for filing the documentation with respect to a brokered private placement for Amaya Gaming Group Inc. announced on Dec. 15, 2011, and Jan. 11, 2012:
Number of special warrants: A total of 28,750 special warrants, each automatically convertible, for no additional consideration, into: (i) one unsecured subordinated debenture having a $1,000 par value and convertible into common shares, and (ii) 50 common share purchase warrants, each entitling its holder to acquire one common share at a price of $3 per common share until April 30, 2015. The special warrants will automatically convert upon filing of a final short form prospectus qualifying for distribution the convertible debentures and the warrants within 80 days following the closing date of the private placement. If a final receipt for such prospectus is not obtained on or before March 31, 2012, each special warrant will thereafter entitle the holder thereof to receive, upon conversion, at no additional consideration, 1.1 convertible debentures (instead of one convertible debenture) and 55 warrants (instead of 50 warrants), resulting in the issuance of a total of 31,625 convertible debentures and 1,581,250 warrants.
Purchase price: $1,000 per special warrant
Convertible debenture: $28.75-million (an additional $2,875,000 of debentures could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)
Conversion price: convertible into common shares at a price of $3.25 per common share until April 30, 2014
Maturity date: April 30, 2014
Interest rate: 10.5 per cent per year
Warrants: 1,437,500 warrants to purchase 1,437,500 common shares (an additional 143,750 warrants could be granted should the receipt for a final short form prospectus not be issued prior to March 31, 2012)
Warrants exercise price: $3 until April 30, 2015
Q: Comment, by another Philip to Philip's tax planning comment. Canada Revenue Agency’s prescribed interest rate for these interfamily loans will only be increasing on Oct. 1, not disappear as suggested in his post. - Cheers.
Q: Hi 5i,
What does the ex dividend date mean? Does it impact the timing of buying or selling a stock? Thanks
KC
What does the ex dividend date mean? Does it impact the timing of buying or selling a stock? Thanks
KC
Q: I am confused regarding the latest reply to a question regarding BIP.UN. The quote read "effective immediately, the following companies are now deemed eligible for consideration for INCLUSION in S&P/TSX indices". The 5i response discussed REMOVAL from the indices. So my question is: are the stocks discussed being removed or included?
Thank you.
Thank you.
Q: Hi Peter,
Firstly, thank you for your service. It is much appreciated and quite the bargain.
I was looking at your model portfolio and noticed that 17 of the 20 stocks pay dividends. However, 10 of the 20 the stocks either pay no dividend or pay one below 2.5% per annum.
You may have seen in the papers that an interesting tax planning opportunity(making 1% loans to spouses and family members) is coming to an end after September 30th. The idea behind the planning is to avoid the attribution rules and get income into the hands of related taxpayers who have a lower marginal tax rate then the person making the loan. To do so, the investements made by the family member(or the trust of which they are a beneficiary) must earn more than the 1% charged by the person loaning the funds as it is the spread between the return earned on the borrowed funds and the 1% interest paid that gets taxed in the hands of the family member/trust. Clearly, the higher the dividend yield the better so long as there is limited risk to the loaned capital.
Without wanting to impose an undue burden upon you, can you share 20-25 names of companies that would be appropriate for this planning. i.e. ones that have a good safe dividend while having growth potential? I assume that the 10 companies from your model portfolio which pay 2.5% or more are suitable choices. Can you provide an alternate model portfolio for this income splitting planning that expires in about a month?
Regards,
Philip
Firstly, thank you for your service. It is much appreciated and quite the bargain.
I was looking at your model portfolio and noticed that 17 of the 20 stocks pay dividends. However, 10 of the 20 the stocks either pay no dividend or pay one below 2.5% per annum.
You may have seen in the papers that an interesting tax planning opportunity(making 1% loans to spouses and family members) is coming to an end after September 30th. The idea behind the planning is to avoid the attribution rules and get income into the hands of related taxpayers who have a lower marginal tax rate then the person making the loan. To do so, the investements made by the family member(or the trust of which they are a beneficiary) must earn more than the 1% charged by the person loaning the funds as it is the spread between the return earned on the borrowed funds and the 1% interest paid that gets taxed in the hands of the family member/trust. Clearly, the higher the dividend yield the better so long as there is limited risk to the loaned capital.
Without wanting to impose an undue burden upon you, can you share 20-25 names of companies that would be appropriate for this planning. i.e. ones that have a good safe dividend while having growth potential? I assume that the 10 companies from your model portfolio which pay 2.5% or more are suitable choices. Can you provide an alternate model portfolio for this income splitting planning that expires in about a month?
Regards,
Philip
Q: What effect if any do you think today's announcement will have on the effected securities (I own only BIP.UN of the securites mentioned):
Thursday, August 29, 2013
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
17:15 EDT Thursday, August 29, 2013
A Refinement of the Definition of Domicile of a Company
TORONTO, Aug. 29, 2013 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Following extensive consultation with the community of index users in Canada, S&P Dow Jones announces that changes have been made in the methodology of the S&P/TSX Canadian indices that refine the definition of what constitutes a Canadian company for index eligibility purposes. As a result, effective immediately, the following companies are now deemed eligible for consideration for inclusion in S&P/TSX indices. For further detailed information about the specifics of the change, please refer to the methodology documents online at www.spindices.com.
BIP.UN - Brookfield Infrastructure Partners LP
BPY.UN - Brookfield Property Partners LP
BEP.UN - Brookfield Renewable Energy Partners LP
EDV - Endeavour Mining Corporation
CNL - Continental Gold Limited
GTE - Gran Tierra Energy Inc.
TPL - Tethys Petroleum Limited
Thursday, August 29, 2013
S&P Dow Jones Indices Announces Changes to the S&P/TSX Canadian Indices
17:15 EDT Thursday, August 29, 2013
A Refinement of the Definition of Domicile of a Company
TORONTO, Aug. 29, 2013 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices:
Following extensive consultation with the community of index users in Canada, S&P Dow Jones announces that changes have been made in the methodology of the S&P/TSX Canadian indices that refine the definition of what constitutes a Canadian company for index eligibility purposes. As a result, effective immediately, the following companies are now deemed eligible for consideration for inclusion in S&P/TSX indices. For further detailed information about the specifics of the change, please refer to the methodology documents online at www.spindices.com.
BIP.UN - Brookfield Infrastructure Partners LP
BPY.UN - Brookfield Property Partners LP
BEP.UN - Brookfield Renewable Energy Partners LP
EDV - Endeavour Mining Corporation
CNL - Continental Gold Limited
GTE - Gran Tierra Energy Inc.
TPL - Tethys Petroleum Limited
Q: CSS Contrans and investing rules and disciplines:
Having hung on to too many stocks over the years as they dropped 10% or more under the "buy" price, I am working on my "sell" disciplines.
I am now down 10% on CSS. Does one hit the sell button, hang on and "hope" or carefully watch for further decreases and buy more?
Thanks for your help and guidance in this tricky market.
Having hung on to too many stocks over the years as they dropped 10% or more under the "buy" price, I am working on my "sell" disciplines.
I am now down 10% on CSS. Does one hit the sell button, hang on and "hope" or carefully watch for further decreases and buy more?
Thanks for your help and guidance in this tricky market.
Q: further to my tax loss question, is there a special form that I should fill out to record this so that when I hand everything over to the accountant he/she will have the necessary info
Q: does tax loss selling only apply if done when the calendar rolls over i.e. 2013-14, or can I sell something now ((Aug 29, 2013) and buy it back a month from now (Oct 2, 2013)and use that loss against potential taxes? This way I could get the tax loss and buy back in while the stock is in the duldrums (RPL)