Investment Q&A

Q: Hi, Could you give us your thoughts on their 1/4, once again the market seems thrilled.
Thanks

Q: Hello Peter and team, how could you explain the 16% increase in LIF share value as of today, Friday? Thanks, Gervais

Q: I am interested to know the goodwill of snc and stn in dollars and percentage of assets. Thanks

Q: Yesterday you had provided the sector allocation for a growth portfolio. Would this allocation hold for a mix of Canadian and US stocks?

Thank you

Q: Within the next two years I must convert my RRSP to a RRIF. Over the years, I have never paid a lot of attention to the right mix for my RRSP…I just invested in a company I liked and if I had the cash, the stock was either purchased within the RRSP or cash account. My major holdings are CNQ, SU, and a Mawer fund (MAW105). These constitute approximately 70% of the RRSP account. With Husky at 9% and cash at 7% there are only very small holdings making up the remainder, of which Home Capital Group and WSP Global total about 6%. I don’t expect to have immediate needs for the money from cashing in, before age 71. I just wished to have some advice of what I should exchange, if any, within the RRSP. It seems that, at present, I am heavily weighted in cyclicals, especially oil. Since we probably are at the bottom for oil or close to it, I don’t see any advantage to trading for something different before I reach 71 unless there is some advantage that I don’t understand. Perhaps I should do nothing and ride out the oil depression then rebalance once oil prices improve? Can you provide some thoughts as to what, if anything, I should do between now and age 71? Thank you, I value your opinion very much.

Q: I need to free up some cash to invest in VNR. I am thinking of letting go either BIP.UN or BPY.UN. Your comments are appreciated.

Thank You

Q: Hi guys, I received 19 shares of XCT because of my holding CDV. Is it worth holding. It's a .17% of the portfolio. Thanks, Nick

Q: I just received an offer to purchase (tender) Transforce shares from $19-$22 dollars. Seems to me that if they are trying to buy back shares it's probably a good sign the company thinks they will be worth more in the future.
I want to keep the shares, so is it best to just not respond to this at all? In other words, will buy-backs only happen to people who responded with a price?
What do you usually recommend in situations like this?

thanks,

Paul

Q: Hello Peter,
Constellation software ping pongs 20-30 dollars a day.The volumes are small so unclear as to why. Any comments. For long term play, is Newalta a good buy given the earnings. What were the estimates please? Would you consider auto canada a good value pick today? I was thinking of buying jean coutu but given the ownership structure, is a takeover possible (similar to Rona). I was thinking of buying on speculative basis (trading only). Would bombardier and teck resources fit this categoy? Is it possible for Bombardier to go bankrupt and restructure as Car companies did in the past? thanks again

Q: Peter & Team, What do you recommend for investors who have totally avoided energy, materials and gold in the last two years and are seeing money rotating into these sectors in the last six weeks? Do you see this continuing? Is it ill-advised to chase gold miners say G or ABX (or other names) after approx., 100% gains on a 20% rise in gold price? In copper, other than a slight decline in the USD, are there any fundamentals that explain the rise in copper and should we add say FM? I look forward to your reply. Thank you.

Q: An american industrial biotechnology company which produces sustainable chemicals,based in Montreal, with a plant in Sarnia, I understand that it has Mitsui as a partner and sells to major U.S. chemical companies.
What prospects do you see for this company ? How would you explain its recent decline ? What would be a better alternative in the sector ?

Many thanks,

J.D.

Q: What would you think of selling Clarke (CKI) to buy Dream Global (DRG.UN) as the dividend is almost double. Or do you think it best to continue to hold Clarke for it potential growth?

Q: Do you think that Jean Coutu may be a takeover target with the recent announcement that Rexall Drugs is being bought out?

Q: Could you please provide a percentage sector allocation recommendation for a growth portfolio with a time frame of 5 to 10 years.

Q: I’ve had a 34% loss over the last 2.5 years, thoughts on whether Is should forego the loss, sell and replace it with another stock? maybe WEF?Again, idea was to gain from the upside in the US housing market and this was the suggested stock by my advisor then.

Q: Where do you (we) find out what STOCKS the Canada Pension Plan invest in or hold, and what STOCKS are they? I hope, it helps all the people collecting the CPP payments.

Q: Any thoughts as to how a potential deal for SIRI (US) might affect the Canadian deal?

Q: I am thinking of switching my holdings in Canadian Tire and buying Loblaws with the proceeds. Just seems to me that the retail space is inherently more risky than food and drugs and I think the Shoppers Drug/Loblaws tie in has a lot of synergy potential. CTC has been a strong performer for years so it comes done to valuations and growth potential. How do the two compare on valuation metrics and would you favour one over the other, assuming long term holds for each and total growth (dividends and gains) the ultimate goal.

Appreciate for the insight.

Paul F.

Q: Hi folks, thanks for everything.

Please treat this as two questions because...it is :)

Feelings on earnings re Morneau and Costco.

Thanks.

Q: Hi team,
I want one or two stocks from the list below which you believe I would look back 5 years from now and badly regret why I did not buy them today.
Group 1: KXS, ESL, DHX, DIRTT
Group 2: TD, RBC, HCG
Group 3: SJ, SIS, MDA
Group 4: ENB, PKI, BCE
Group 5: RRX, TOU, VET
To get to the winner, I want to ask you to kindly identify one stock in each group first and then rank those five from 1 (most regretful) to 5 (least regretful). I know you don’t have any info about my portfolio, risk tolerance, and investment objectives, the final stocks vary widely from each other, and this is perhaps the most unusual request…but I appreciate it if you play this game…I also want to see if the winner of my list is the same as what you have in mind…and if not then tell us what you would have bought from the list of Canadian stocks so you would not regret 5 years from now. Hopefully you will find this exercise fun. Thanks for your patience and expert advice (even if your response is for me to give up these kinds of questions.)