Investment Q&A

Q: Hi Peter and Team,

The Info Tech component of equities in all our accounts is 16.2%. The following stocks and ETFs are held, followed by their weightings:

CSU 7.1%
ENGH 1.4%
KXS 2.2%
OTEX 2.3%
SYZ 1.0 %
TXF 1.9%
XIT 0.3% (used to put small amounts of cash since there's no commission with iTrade)

Would it be prudent to trim CSU, and if so, to what level?
What is your opinion of the other holdings, and are their weightings appropriate?
Are the Info Tech holdings too high a percentage of the overall portfolio?

Thanks in advance for your valuable guidance. Please deduct as many credits as you deem necessary.

Q: I AM FED UP WITH BONDS. DURING THE LAST 5 YEARS I HAVE LOST IN ALL OF THEM .I DO NOT UNDERSTAND WHY ALL ADVISER SUGGEST BOND FUNDS AS A PART OF INVESTMENT. ONE HAS BEEN LOOSING MONEY .I APPRECIATE YOUR COMMENT AND ADVISE RE ABOVE STOCKS.EBRAHIM

Q: Thanks so much for your reply to my earlier question. You suggested the following ETFs and I was wondering what a good portfolio allocation would be for each (I was thinking 50% allocated toward your BE portfolio however if a lesser/more percentage makes sense then please advise):

XWD (global expoure), VFV (S&P 500), VGG (US dividend growth), HXQ (US technology), XSU (US small-cap)

Thanks!

Q: I am down considerably with Stuart Olsen. Is this a hold? Is a recovery in the works or should I exit and move on?

Q: On 7 December 2018 Rick asked for your list of top 20 dividend paying Canadian Companies. Would you have a similar list for top 20 growing/dividend paying companies in 1) USA and 2) International (ex-Canada and USA ) at the present time? These would be for a non-registered account held by a retiree with a holding period of up to 5 years.

Q: 5 Cos for an entire TFSA

Q: In your response to Robert re: Savaria, "the share adjustment already done keeps it at a hold" means what ? Are you saying its no longer a buy ? Lol if so when did that change ?

Q: Hello, I do need some help what to do I received a letter from my TD Direct investing broker about the brookfield INF stating :that
Exch LP became non-qualified TSFA investments in OCT 2018
"CRA will require you to pay a one time penalty of 50 % based on the FMV of any investment that is acquired or becomes non-qualified in a TSFA"

Value of non qualified assest were $2695. $

My exchange date for the shares was in Nov. 2018
I did get the BIP for the Enercare shares and try to find out what went wrong,

Greatly appreciate some explanation for this.

Margit

Q: With Cobalt being a significant component of car batteries do you see an investing play that might take advantage of increasing demand?

Q: What is the best pick of the two and why. Looking for capital gain.

Q: Hi, Sylogist share price has retreated to $12.50 level, from the high of $14.50, a few weeks ago. Company increased the quarterly dividend by 18.75% recently and had positive notes on its outlook. It also continues buy back its shares, gradually ( in addition to small insider buying). Cormark bumped its price target to $18 and upgraded stock to Top Pick in September, 2018. What's your current view on the company ? Should the recent softness be attributed simply to markets and low liquidity of the stock ? Is it a good candidate to add for dividend and growth ? Thanks

Q: I was hoping to get your opinion on PATK, it has been beaten up pretty bad from yearly highs. I'm down about 50%, is this a company you would add to at this point. I originally invested due to the management team. Thank you

Q: why the sudden drop today td had nothing to indicate anything that would warrant a10 percent drop thanks as always

Q: When the markets sell off, do you have any statistics on the main reason for an investor to sell. Is it more to do with selling a stock to avoid a loss or does it have anything to do with investors selling to raise money to pay off debt (more so when a recession is expected)?
Or is this question just not relevant

Q: Hello,
If Bill s-237 get passed, how it impact GSY earning? Could 5i please do a math. Seeking Alpha said that Senate Bill could wipe out GSY's earnings.
Thanks
Victor

Q: Well I still own Maxar and getting whacked—down 80% on 300 shares. I know you are no longer covering and advised to sell but with their US domicile now and tax loss selling do you see a recovery in the new year.Business does not seem that bad. Would they be an attractive takeover at this price. Lots of debt I guess is not good. For sure as soon as I Decide to bail the stock will rise ! Lol

Q: Hi

I have not had time to do the research lately, but what is happening to SIS. I bought it at $16.60 abut a month ago when it was showing good potential and growth. I know that the stock market is turbulent right now, and affecting good companies negatively, but did I miss something important about this company. I bought 300 shares, should I hold on to them or is there something tragic looming on the horizon for SIS.

Q: RE: "MBA is losing money and has too much debt for any comfort level." I'm confused about this statement. MBA has been cash flow positive and has been making significant gains from their student housing projects, which includes 8% development fees and capital gains associated with the % ownership of the projects through the Joint Ventures.

Last year they made 0.25/share. That doesn't include the Pearson project who's fair value wasn't yet realized on the income/balance sheet and who's fair value adds another $49M of equity before minority interest or 0.18-0.19 of earnings/equity to CIBT shareholders. This company works similarly to BAM in that it takes outside money through partnerships, charges a management fee, invests into real assets, and realizes profits through eventual sales, and cycles profits into other opportunities.

All the debt is mortgages owned through the limited partnerships. The actual debt to capital before minority interests is normal in real asset financing and not actually very high, especially if you consider the unrealized gains, the cash, etc.

What's more, it's pretty easy to look to the projects they have, and estimate earnings, management fees, etc and come up with a reasonable forecast.

I don't know if your comment was referring to MBA as a mistake, but I encourage you to read the annual report vice relying on numbers on the Bloomberg terminal. In my opinion, this is a hidden jem.

Q: Hi, share price has declined to $33.86, from a high of $40.88, only a few weeks ago.
This company has a very low share count of 10.9 mln shares with a float of just 7.3 mln. Fairly large holding by insiders/institutions - 35-40%. Decent dividend yield 3.90%. Company's revenue is almost equally distributed between US and Canada. There has also been some nominal insider buying reported recently. Is it just the market volatility and illiquid nature of stock or any other reason for recent softness, in your view? Should we buy/add for dividend and growth ? Thanks

Q: Pleased that I have a "double" now with Canopy Growth! What is your particular investing philosophy when you reach a substantial gain in a stock? If trim, what percentage? Or let the momentum continue?
Many thanks, Lorraine