Investment Q&A

Q: Some companies quote both gaap earnings and non gaap income. Which is best to use in calculating financial performance such as the peg ratio,


Regsrds
ap

Q: Can you please comment on TKM's news release causing downward action in price. Thanks

Q: Is it too late to buy SCL? I started watching this company in early February, and was trying to pick up shares just below $40 but it never got to my purchase price. I have been watching it go up higher and higher ever since, and now it is over $60, that would be a 50% gain had I been able to buy at my (stubborn) price of below $40.

How strict on purchase price should I be when I decide I like a company and want to buy its shares? Should I be rigid and stick to my pre-determined price, or should I just buy at market price once I decide to acquire a position in a company (with a minimum of a 1 year hold)?

I still like SCL, and wish I had purchased it when I made the decision to buy some shares. Should I just buy SCL now at $60, or give up on it since it has had such a large run up, and find something else I like?

Paul

Q: One of the key points you stress when evaluating a company is the management. With respect to SGY you state "management has built several successful companies before"; and with respect to DHX you state "DHX management has done it all before at prior companies, which they grew and sold".

Can you expand more on these prior successes. What successful companies did SGY's Paul Colborne build? What companies did DHX management grow and sell?

Paul

Q: In my various trading accounts, I have:
ABX, AGU, AVO, BEP.UN, CGX, CSH.UN, DHX, EFN, ESL, G, SJ, SGY, TCK.B, & WCP

My losers include ABX (significantly), G, and TCK.B
My problem is that I haven't done very well in my non-registered account and this is where ABX resides. If I have a tax loss, I don't think I have very many gains to counter it.

G and TCK.B are in my RRSP and TFSA respectively, but I think you are fairly positive on these. Should I sell ABX and hope I have enough gains later in the year to balance this out with? Also, am I diversified enough?

Thank you SO MUCH for this service!

Q: Hi Peter,
I am slowly working on to build a TFSA account for myself and my son who is 19 and I have only 12G in RRSP with rbc 2 mutual funds each has 5000 dollar initial investment one is Canadian energy income and other is us dividend growth both are up in total 18%.I also have unused RRSP room of $25000.In addition of above I have two margin accounts one US and One canadian and RESP as well.My focus is to generate income of $2000 per month in coming five years. Please give me five to six names which pay solid dividend and are great debt free companies with some growth. Looking higher dividend in the range of 4 to 8% if possible. my own home work tell me that I must buy Telus because I am paying my cell bill for last 24 years, also I have house and paying enbridge last 15 years and also using TD, BNS to do daily banking and paying big fee on monthly basis so why not buying their stocks to get our money back as we are contributing to their growth. see how stupid we are! I am learning from you. If I would have done that I could have long ago retired by now. please also give me where I can get more information for dividend growing companies. Thank you very much

Q: In a previous questions regarding growth stocks you mentioned DHX,QST,and XTC as good selections. All three are multi-baggers and in the case of QST an 8 fold increase in the last three years. Realizing that markets have been strong and that you have no crystal ball how do you recognize these stocks before they become multi-baggers? Would they be speculative as opposed to growth? Could you suggest on or two and what critera did you use to select them? Thank You and wishing a speedy recovery from your accident. Ron

Q: what do you think of investing in marijuana

Q: I am happy with my dealings with you. I was about to give up on my online account and do strictly mutual funds. Since reading the questions and answers from you, I am more aware of how the market works.
I bought BAD (Badger) at 41 more at 35 (maybe I should not have doubled down) and I see this company struggling to stay above $35.00. Another company you are very familiar with POINTS, is dropping steady and the chart looks pretty sad -- my cost is 27.1 - what would you do if you held these two positions?

Thanks,
Dennis

Q: WFI has recently been sold and I have a 40% return what do you see for this company moving forward under new management, or should I sell and move on I'm looking at maybe swithing over to fsz or perhaps bep

Q: 9:30 AM 6/29/2014

Hello Peter

First I want to thank you for the excellent advice you gave me a couple of weeks ago and I purchased both Surge [SGY] and COS and look forward to holding them for a very long time.

Now I am concerned about the sustainability of North West Company's [NWC] dividend, currently paying 4.85% yield. My yield on my purchase price is 5.47%. I have owned the shares since December 2011 and have an unrealized gain of 10.9%. I have offsetting losses so the gain would not be taxed.

I only own a 2% position but the retail business and especially retail food businesses are having a difficult time with no prospect of improvement that I can see due to cut-throat competition and razor thin margins, and even Sobeys just announced they are going to close 50 or more stores --

From the Medicine Hat News : "Sobeys is closing about 50 underperforming grocery stores across the country as it deals with intense competition and tries to squeeze savings from its operations after the acquisition of Safeway in Canada."

From the Globe & Mail : "Sobeys Inc. is focused on shaving costs to win a tough food fight, with plans to consolidate manufacturing and distribution operations, cut jobs in two regional offices and force suppliers to retroactively reduce their prices."

I do like NWC but now I cannot see much prospect for growth or increased profits, so unless you feel the dividend is quite secure I would sell it and add to an existing position in something that I already own and that is likely more secure, has better prospects for growth, and that is paying about a 5.5% or better dividend, such as SGY, NPI, AW.UN, BNE, BDT, PKI, or BCE.

What would you advise and which stock would you pick?

Thank you.... Paul K

Q: Peter, first I wish you a speedy recovery. I would eventually like to get the stocks I own rated A B ect. Many I already have from you. If you were to rate could you please give me Artis, Arc, Cominar, Chartwell Baytex Surge and Whitecap, Thank you, Ken

Q: Reports
Your new reports include a 5i Report Card which is excellent.
It includes a 5 Yr. EPS Growth rate.
Could you also include a 5 Yr. Dividend Growth Rate which is most important to Dividend investors?
Thanks.

Q: Do you think CKI would be a good buy now? I notice the last question was on March 10/14.I already own a half position in contrans

Q: Hello Peter, First of all, best wishes for your health and get well soon ( i hope that guy's driver license is suspended). question about holdings in my daughter resp, which has another 4 years of contribution time. A fairly conservative and concentrated set up - consisting of CHB, CDZ, ZWB, CNR, MFC, TRP, ENB each at about equal weighting. I keep on adding to these regularly. wish to get your opinion - Shall I continue in these names or you suggest replacement. I am thinking of switching CHB to XHY and ZWB to XFN as these has performed better relatively. Do we need to keep both ENB and TRP. May be sell one of these and buy another of your top pick.Thanks as always for your opinion.

Q: I recently took over non-registered accounts from financial planner. One account is US Margin Account. This holds a few US$ denominated mutual funds. What is the rationale for having such an account? Do you recommend holding US stocks in US$ account, and if yes, what top 3 holdings do you suggest for dividend and a bit of growth?

Thanks and speedy recovery.

Q: Hi Peter,

Hope you're back riding soon...be well.
I am redeploying some of my AYA money into other core holdings. Would you prefer at today's level STN or CGX?
Also, should I be concerned by either STN or CGX's valuation in weaker market? - Their P/E's scare me if sentiment changes.

Thanks in advance,

J.
Thanks,

Q: I am considering purchasing one of Evertz (ET) or Avigilon (AVO).
Of the 2 which do you consider as a"best buy" and why?

Q: could you compare medium term prospects for RE -vs- rmp -vs- rxx ?

Q: Hi

I currently have 2700 in cash in my TFSA, and holding AYA and AVO. What other stocks do you recommend.

Thanks