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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: Do you see potential in Centric Health (CHH)? It had a good quarter and some insider buys or caution is advised. Your insight is greatly appreciated, Peter
Read Answer Asked by Peter on August 25, 2014
Q: Petrowest prw: two acquisitions announced. Good acquisitions in your view? Expect it to be positively accretive to earnings down the road?
Read Answer Asked by Helen on August 25, 2014
Q: Hello All, can I please have updated comments on DM…down huge!

Thanks,
Graz
Read Answer Asked by Graz on August 25, 2014
Q: Re: GEG-x, Ginguro Exploration. Hi Team, would appreciate your comments on this highly speculative gold venture. Thanks Jerry
Read Answer Asked by Jerry on August 25, 2014
Q: After 3 years of mostly bad luck and bad management TH seems to be picking up steam lately, I assume based on the expected commencement of their FDA approved drug Egrifta. ( mil in cash and no debt. Any thoughts for this new name? Thanks
Read Answer Asked by george on August 25, 2014
Q: Hi I was hoping to get your thoughts on Knight Therapeutics (GUD) recent earnings report! Thanks!
Read Answer Asked by Mary on August 25, 2014
Q: Any thoughts on Hammond Manufacturing (HMM.A)? Apparently they make electrical/electronic components. The Globe suggests they are very inexpensive but tiny (18M$ market cap). Is this too small for your followers to be considering? (Do you have advice on a minimum market capitalization for inclusion in our portfolios?)
Read Answer Asked by David on August 25, 2014
Q: NeuLion (NLN)
Have you warmed-up a bit more to NeuLion? (since Mar 24th)
Their Q2/Results showed a 22% increase in year-over-year revenues.
Is this enough to overcome your reservations about some of the management?
Read Answer Asked by Scot on August 24, 2014
Q: Taser international ,your opinion appreciated.ebrahim
Read Answer Asked by ebrahim on August 24, 2014
Q: Gentlemen please update your thoughts on LWP.
Read Answer Asked by Richard on August 22, 2014
Q: SXP
what's your take on this company, they recently increased their div and the ratios seem to be very good
Read Answer Asked by Eric on August 22, 2014
Q: Your comments please on the latest quarter from iFabric IFA. Sales had a nice jump but not much seems to be hitting the bottom line? Thank you
Read Answer Asked by Marty on August 21, 2014
Q: 9:21 AM 8/21/2014
Hi Peter:
I must sell something to pay income taxes. I am considering the following 3 choices. All are in my TDWaterhouse cash account :

1. Olympia Financial Group Inc OLY. This is a 1.5% position, ACB $48.11 Current Capital Loss $11,353. However we received the $10/share dividend last year hugely offsetting the paper loss even though the taxable loss is still $11,353. Current Dividend Yield 7.22% Yield in Cost 6.05%. I already have a sizeable realized tax loss this year so don't particularly need to realize any more now.

2. Corus Entertainment CJR.B This is a 1% Position. ACB 24.12. Current Capital Gain $633 Current Dividend Yield 4.37%

3. Surge Energy SGY This is a 2% Position ACB $7.85 Current Capital Gain $2,915 Current Dividend Yield 7.17%

I really don't know why Olympia has been drifting down so much this year as it seems like a nice little company and regularly raises it's dividend. Are there any hidden weaknesses that I don't see? The recent quarterly results are :

Highlights from Continuing Operations for the three month period ended June 30, 2014 include the following; when compared to the three months ended June 30, 2013:
-- Total revenue, including interest earned as trustee and interest,
increased 6% to $9.24 million from $8.69 million;

-- Interest earned as trustee on monies held in trust and interest on
Olympia's own cash increased 17% to $1.41 million from $1.21 million;

-- Direct and administrative expenses (excluding depreciation and
amortization) increased 6% to $7.27 million from $6.89 million; and

-- Earnings before income tax decreased 3% to $1.67 million from $1.73
million.
Olympia advises that it will not be pursuing its prepaid card business and has requested a voluntary termination of its Mastercard issuer licence. As Olympia Trust is not federally regulated and given the fee restrictions imposed by provincial gift card legislation, it was determined that this business is not viable for Olympia at this time.

These three are all held long term [permanently] mainly for their dividends and hopefully some capital growth. I would have to sell all of Olympia or Corus, or half of Surge to pay the tax. I really don't want to sell any of these but must choose one so I would ask your advice on which is the weakest and must be sold.
Many Thanks........ Paul K
Read Answer Asked by Paul on August 21, 2014