Investment Q&A

Q: When would be a good time to harvest a tax loss with SCL & CBO in a taxable account? And what is your thoughts on rebuying SCL after 30 days?

Q: I need help to clean up and high grade my energy stocks. I have the following in the energy sector: ENB, IPL, PPL, SCL, SGY, TOU and WCP (all were acquired between 2011 and 2014), and I would like to reduce the number of positions. I have not added to the energy sector since Q3 2014.

Energy makes up 8% of my entire portfolio (DCPP, mutual funds, and a stock portfolio managed by me – the 7 stocks referred to above). I have been very patient, but my patience is running out with some of these stocks. Some days I feel like selling the losers and investing in another sector, other days I feel like averaging down on some of the losers (it’s been 4 years since I added to the sector).

I am up 50% on PPL, so plan to keep it. Breakeven on IPL and ENB. Down 33% on WCP, and down >50% on SCL, SGY and TOU. Not including dividends.

I am considering adding VET as it seems to be better quality (recommended by 5i and others), but I don’t want to have too much overlap with the other stocks, nor do I want to increase the number of stocks in my portfolio.

Assuming that I keep the same overall energy weighting, how would you high grade this portfolio. I am open to other energy companies, the only criteria is that it pays a dividend.

Thanks,

Paul

Q: Could you comment on earnings and future outlook please,.
Thanks.

Q: Hello 5i team !
Energy service company's might be ready for a rebound soon ? Is there any reason to choose between the 3 ideas (SCL, EFX, or TCW) to play this segment, ie. balance sheet, PE, growth, etc. ? Any significant U.S shift to their operations possibly ?

Q: I have held Shawcor for a while and am still a little water. Wondered what you thought of earnings and offer your opinion on where share price might be in a couple of years? Seems with pipelines being slowed or not built might hurt it going forward? Much thanks Stuart

Q: Hi Peter and team
I am down about 40% in both Peyto and Shawcor and would like to use as a tax loss. Could you please suggest one or two replacements. Thanks.
Gary

Q: SCL had a 8% move up today. Any update or information would be appreciated.
Thanks Bill

Q: Has Shawcor become a value stock and would you hold or add to it at this point.

Q: SCL or BAD - Which is a better buy ? Thank you

Q: Is it time to buy Shawcor?

Q: hi guys whats your opinion of scl dropping to 29.50 is this good value now

Q: Hi, just wanted to get your thoughts on the outlook for SCL. Why did it suddenly start falling? It was doing well while other energy-related names were suffering. Does the recent weakness represent a buying opportunity, or would you sell? Thanks again.

Q: Would a switch from SCL to HWO make sense? I am looking for growth for a 3+ year time frame.

Q: Good morning,
Please give me your opinion of SCL
Thanks
Rick

Q: With Trump at the controls, would this not be a good time to pick up some Shawcor?

Q: I'm thinking of selling Shawcor for the loss and buying it back after 30 days. Do you think the stock will stay quiet for the next little while?
Thanks for your help.

Q: Hello 5i,
My only energy exposure is Shawcor. What would you recommend to complement this in energy. Thanks.

Q: What do you think of ShawCor's numbers today(Q2 2016)?

Q: Hi 5i, What are your thoughts on Shawcor. Still under water and holding. It looked like it was bottoming and starting to move up with oil but now stalled again. Hold or sell, take loss and move on. Unfortunately it's held in my TFSA. No need for cash for a few years.

Q: My earlier question may have gone missing and I don't see anything on SCL since Nov. Can you comment on their earnings. I dont need the cash for a few years. Should I stay patient or take the losses and move on.
Thank you