Q: If you had a vote on the PGF deal what would it be....in support of the deal or against and main reason why please.
My general impression is:
1. The shareholders get hung out to dry
2. The debt holders get made whole and dont take any type of haircut
Bankruptcy was looming but if anything that should have given them leverage with the debt holders. If nobody is buying assets the receiver wouldn't have any buyers either. Even if I wasn't holding a few thousand shares I would find this deal to be questionable.
Q: I have been wondering about this for a while but haven't known were to find the answer, so I thought I would try you guys. If Quebec is the block to Energy East, why not build the pipeline to Lake Ontario and move the oil to east coast refineries via tanker on the St Lawrence Seaway?
Q: I have decided to throw in the towel on NFI. Would you wait for tax loss selling to end to see if it gets a bounce in the new year?
I am also thinking of buying ARX for a seasonal trade. Your thoughts, please.
Carl
Q: Peter;;Could you comment on the FTS financing- is it a war chest offering for another take over or a honest debt reduction etc and is it an opportunity to buy some more ? Thanks,
. Rod
Saw three big volume trades crossed right at the opening bell,in which Scotia Capital crossed 3.75 million shares at $9.81, while RBC Capital Markets did two crosses at the same price, one for 2.5 million shares and the other for 1.25 million. Just wondering the implication of doing this since the buyer and seller are the same broker? Thanks!
TransGlobe Energy for me is down 40% for me since buying it earlier this year. While I do have a time frame of at least several years, I am wondering about the opportunity cost in the shorter term, especially given the sector and specifically TGL's operations being primarily in Egypt. It is in a TFSA, so tax loss isn't part of the conversation. It is not a big position, and is less than 2% of portfolio.
I'd appreciate hearing your thoughts on its short- to medium-term prospects.
Q: Hi,
Can you tell me which Canadian oil and gas company uses the largest proportion of its cash flow to buy back its stock and which one is buying the largest proportion of its market cap?
Thank you in advance.
Q: I'm retired. I own TRP and ENB, (7% weight total).I want to lighten up on the number of equities. Should I sell one of KEY,EMA or AQN (2.5% weight each )and deploy the cash into the other two, leave every thing as is or lighten up on the sector.
Q: In a recent answer to a question on an oil company, you mentioned that it is hard to be optimistic on a company if you don't like the management team. So my question is, which of the management teams in the oil sector would you want to align yourself with, and why? Alternatively, which of the management teams would you not align yourself with? Please deduct as many credits as necessary to fully answer my question. Thank You.
Q: Do you know why Pason stock is falling? Seems to be reaching new lows. Is it due to large sell off by funds/institutions or insiders? Or is there any fundamental cause for the same. Please advise.
Q: Peter and His Wonder Team
I had a significant position with BXE. Of course with there ...I think you call it "reverse split"...I was almost wiped out.
Trading was halted for a few weeks and now they are not listed at all. Can you provide any information about the status of this company and if share holds have any value left? Thanks!
Q: Could you provide a list of your top 3 Canadian pipelines and identify the one you would buy today for growth and overall strong management for a 2-3 hold.