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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: Does this translate into a win/win situation for both companies, and if so could you elaborate on the details? I realize that Surge wins by having the ability to wash out some of its debt, but it is a bit murkier on what the benefits are to TORC. TOG had to raise additional cash to buy Surge's assets, and needed extra backing from the CPP, if I'm understanding all this correctly. So, does this not weigh down the balance sheet for TOG? I own both and wondered should I be divesting myself of one or the other? (I like their respective dividends. Their potential for growth is now slightly less clear on who I should be rooting for.)
Read Answer Asked by Sylvia on April 28, 2015
Q: Hi Peter and team. This is the 2nd time I heard someone mention an income portfolio. Has the 5i team published another portfolio, other than the model portfolio, I am not aware of? I remember last year you guys mentioned the possibility of starting a growth portfolio. Any updates on than front?

Lastly, I have zero oil/gas exposure. I was thinking of increasing my monthly income stream and getting a little growth as well by adding a combo of whitecap resources (wcp), torc oil and gas (tog) and surge energy (sgy). I was thinking, initially, these 3 names will collectively make up between 4% and 6% of my portfolio. Do you see anything wrong with the combination of these three names? I see torch sold off today after they released their earnings.

Thanks again and safe travels.
Read Answer Asked by john on March 07, 2014