Investment Q&A

Q: I sold not only HomeCapital but EQB, because Cohodes, our nemesis, is now shorting it as well. Now I'm left with First National. As much as I'd like to think I'm a long-term investor, my gut tells me once retail investors read about the news on alternative lenders this weekend, the stock sell-off will accelerate. Some insiders are also selling, even the CEO of HomeCapital who sold a massive amount of shares at 34.50 right after that buyback announcement? Another insider sold over 400k at 27.50 less than two weeks ago? For me, the last nail in the coffin was Sherry Cooper's interview yesterday on BNN (Dominion Lending). Most surprising, the CEO of First National came on Bloomberg basically saying: "It's bad for us and banks will take 20% of our market". Question: Would you sell First National and replace it with Surge Energy, which is back in an uptrend? Thanks.

Q: What are your thoughts on the prospects for the Mullen Group going forward? Is it's price discounting more problems in the oil sands or does it reflect a much rosier scenario in revenues generated from that part of their business. Thanks so much

Q: which companies benefit most from carbon tax please

Q: As the proposed carbon tax will primarily adversely affect the Canadian oil, gas, and transportation industries would it be a good idea to purchase American stocks in these sectors going forward? Or are American Companies potentially in a similar tax situation in the US?

Q: What is your outlook for natural gas? Which company would you recommend?

Q: Hello-
I hold a bit of HWO- High Arctic Energy. It seems to be finally getting noticed. With a low payout ratio and PE and 4.5% dividend, I am thinking of adding to my position. What do you think?

Q: Could you please comment on PRW, including debt load and insider holdings?

Thanks, Alan

Q: What are your thoughts on Journey Energy (JOY)?

Q: Why is Kelt moving up so much in the last few days. Would you sell into this rally? If so what would you buy as a replacement in this sector?

Q: good day to you
if you had to pick one between TOG and WCP which would it be ? thanks

Q: I owned COS from the IPO and was always happy with the yield. Now, of course, I own Suncor and am not happy with the yield. I am thinking of selling SU and buying a preferred share ETF, either ZPR or CPD or perhaps both, for the yield. What do you think? I am retired and living off dividend income.

Q: 5i I need help in Rebalancing my RRIF. Maybe I am too attached to my stocks. I asked about BIP and BEP and you indicated my energy sector at 22% of my RRIF was high and I agree. I need less volatility but do require income. Of the 22% CPG-T =10%, FRU-T =30%, PPL=35%,SGY=8%, VSN=12% and WCP=5%.I like everyone, require your wisdom.

W

Q: Good Morning: I want to realize some capital losses on the above energy positions (and others) but do not want to lose exposure to the energy asset class in case of a sudden move upwards (even though I don't expect that in the short term.) So, my plan is to sell all or parts of my losers and buy something else that will give me the same effective exposure. My question is as follows: First, what four stocks in the Cdn. energy sector would you recommend for a purchase at this time; and second, would an etf like XEG be an effective alternative for all or part of this strategy. I may even buy back some of the positions I am currently selling after the 30 day wait period has passed. As always, many thanks. Don

Q: Am thinking of increasing my Energy Sector. Already have SU & ARX and considering adding CNQ or VET. What would be your choice here and how would that (or any other you would prefer) compare with SU & ARX? Looking at the next 1 to 2 yrs only. Of course I understand you may say 'don't increase'. Always look forward to your answers. Thks guys

Q: Can you give me your opinion of this company in view of its latest announced acquisition? Thanks very much

Q: I have no exposure to the oil and gas sector. I am thinking of going 3% to 5% and would like your opinion on whether now is a reasonable time to re-enter this market. If so, would looking at the U.S. market be better than the Canadian Mkt. Any suggested companies or ETF's would be appreciated.

Cheers, Bob

Q: Peter; It looks to me that the vaunted LNG projects in BC are not going ahead in the next 5-10'years. Are their specific gas companies that will be affected if this happens? Thanks,
. Rod

Q: Hi, will the approval of the LNG project in BC have any effect on TWM's business , negative or positive
Thanks

Q: Peter and His Wonder Team
I will not be offended if you choose not to answer this question...firstly it is a USA company and secondly it is a contrarian play. In having owned oil stocks during this downturn I am painfully aware of the risks involved. I am analyzing this company which has hugh upside if it can survive another year or two. They are being kicked out of the S&P600 on Oct. 3rd to be replaced by a healthier company. Since they are owned by mutual funds I expect there will be a further sell off. So how would you rate there survivability...there balance sheet, management strength and overall impression of this company within there sector.
Thanks for tackling this out of bounds company...
Respectfully yours...
Dr.Ernest Rivait

Q: Although oil has been relatively stron this week any reason for the big move in WCP the last few days other than move in oil prices.

Couldn't find any news

Thanks

Sheldon