Investment Q&A

Q: your opinion,please. and count two credits. thanks.

Q: In perusing your growth portfolio TNC seems to be the only one (except XTC which I already own) with a P/E maybe(?) under 20. Is it starting to look better than your initial B- rating?

Q: Hi Peter/Ryan I have held dhx media for years nows and seen what seems like alot of new content etc but the stock price doesn't nothing but move down. I watch your other recommendations like sis currently moving higher and higher. Should I sell and move on?
Thank you

Q: I had heard that US REITs were substantially "cheaper" than Canadian ones, yet when I compare Vanguard's VNG with PE of 40 and PB 2.5X with ishares XRE's PE of 13.5 and PB under 1 it doesn't seem so.
What am I missing and if not VNG as a suitable US REIT what can you recommend? Thanks, J.

Q: Could you provide an opinion on TOY? My kids are insane for Paw Patrol, one of the brands in their portfolio.

Q: Good Morning
I hold 4 Canadian banks CM, TD, RY and BNS in an unregistered account. The bank stocks comprise just under 20% of my portfolio and each has approximately a 50% capital gain. My only other financial stock is a 2.5% position in PWF. Capital gains in my account this year will likely be taxed at 15%. I am considering selling one of the bank stocks (perhaps CM) and investing the proceeds in SLF. I have chosen SLF for it's relatively low valuation and secure dividend.
Is reducing the allocation to Canadian banks appropriate, or does the tax which has to be paid cancel the benefit?
Which bank would you sell?
Is SLF a suitable alternative or is there another company that you would prefer. I already have full positions in CNR and BAM.A.
Thanks
David

Q: What is the difference between Notional distribution Adjustment to Book value and RETURN OF CAPITAL ADJUSTMENT TO BOOK COST ????

Q: An American company but I wonder if you have any views? Very strong stock price performance this year.

Thanks!

Q: Can you give me your opinion on this company. thanks Clare

Q: The week, Great-West declined to exercise their call option on their US$300mm fixed-to-floating hybrid bond securities, thus allowing this bond to not mature for another 30 years. Apparently the bond market was shook up a bit over this move and it was not expected. It is my understanding that it has been generally customary to exercise the call option at this point (10 years in this case), but GWL has broken with this tradition/practice. I have read that the market for these types of bonds is about C$45bln.
Do you think that this could real negative impact on the bond market?

Thanks,
Mike

Q: Would these two be the "growth" category?
Thanks Ron

Q: Your thoughts on this company please.
As will all dividend payers, is this payout (almost 10%) "safe & sustainable"?
Cheers - Chris

Q: Having built a cash position I am now looking at re-deploying into the market. S&P500 looks like a technical top but maybe on a long-term perspective it is ok. I own many of your names and would favour just increasing those positions as it would not result in over concentration on a name basis or a sector basis. No Oil & Gas due to long-term structural changes or mining due to too many operational and geopolitical challenges. So with this in mind, your top ten or so picks for long-term growth/income.

Q: Could I get your comments on this stock. What do you think of the fundamentals, including payout ratio, growth potential? How do you feel about it as a long term hold? How expensive is it compared to other industrial REITs? Finally, what caused the big drop in January? Thanks.

Q: I would appreciate your thoughts on Mullen Group. I am not sure i fully understand their Q1-2016 comments about strength of trucking business. Yes, OIBDA for trucking is better year over year, but their revenue actually declined for this segment as well. would like to know your thoughts on company's debt, current share price, their survival chances if oil remains at or below current price for next year or so.
At what price would you recommend buying the stock?

Q: April 22, in regards to the process involved, you responded to Andrew, "Once it is done for one movie, it will work in all theatres." Can you expand on this statement please?

Q: We have 2 Rrsp accounts. The first one contains mostly 5i recommendations with a focus on dividend income and some growth. We would like to structure the second account to be more conservative and withdraw the dividend income. We like the Canadian banks ie RY and BNS as the dividend is safe and pays well and even when there is a sell off in the banks (including 2009) they eventually bounce back thus preserving capital but in the meantime one just collects the dividend. i know you would say that we should diversify so my question to you is what other stocks would you suggest that pay a 4percent dividend and have the security of the banks over the mid to long term or until Interest rates increase to make GICs/bonds an option.
Thank you.
M

Q: With CXR paying its dividend in US dollars, do you think a bid for the company would be in US or Canadian dollars? Thanks!
Linda

Q: Please comment on their Q4 report? Have you met the management team and what is your opinion of them? Thanks.

Q: There's talk today that investors are starting to switch from growth investing to value investing. Can you give 5 names of small to mid cap Canadian companies that you would consider a value company to start my research.

Thanks for the great service.