Investment Q&A

Q: Thank you for your response and Link concerning NPV calculations on potential gold reserves. This was exactly what I was looking for in terms of common sense and application to a specific project. I appreciate the service you provide. Cheers. PS Consider this as a question. Well worth it.

Q: I am trying to decide between BCI and XTC for my TFSA. From my analysis BCI has better metrics (FCF/Capital Invested, P/FCF FCF/Sales,margins) but what worries me is the intrinsic value. Using Graham number Earnings Power Value and DCF analysis I get a stock price in the $10 range for BCI, where as for XTC it appears to trade close to or below intrinsic value. Which would you go for? Should I be worried about the intrinsic value?

Q: I asked this morning when ADW.A was removed from your Balanced Equity portfolio and you answered that it had never been in the Balanced Equity portfolio. I must have misunderstood when it was added to the Income portfolio. I have now sold it out of my BE portfolio. But in the meantime, I made over 86%. Now that's the kind of mistake I like to make.

Q: Good morning,
I see a new issue Brookfield minimum rate reset preferred Series 7. Acceptable? or just stay with CPD? Thanks for your service.
Ted

Q: Which of these three companies (BEP.UN, SPB, and VNR) would you favour at this time?

Q: Peter and Team:
I hold PEY, TOU, and VET as "energy stocks" in a sector balanced portfolio.

I am down about 10% on PEY, and was thinking of making a switch to HWO. I realise one is natural gas and the other "oil services" company, but I would consider both under the energy sector of my portfolio.

What are your thoughts on this switch.

Thank you as always for a great service.

Phil

Q: I have about a 4% position in each of the above. Would it be too much exposure to add a 4% position in Open Text?

Thanks

Dave.

Q: I have a question about MST.UN- sell today or wait for dividend and better bid?
thanks
Don

Q: Can you provide your reasons for dropping ADW.A from your income portfolio and do you think it is still a good company to hold even though you have not kept it.

Thank You

Q: Please comment on the proposed takeover of Milestone announced this morning.

Q: I am setting up a dollar cost averaging couch potato portfolio with low cost mutual funds (td e-series etc). I will be contributing money into this portfolio every month from my salary. The portfolio will consist of 25% canadian index, 30% US, 30% internatonal, 10% Emerging Market, 5% Nasdaq. My time horizon is 15 years with above average risk tolerance. The question I have is if I need to include bonds in this mix. I feel that stock will do well in the next 15 years amidst an interest rate increasing environment. I am hoping to achieve an avearge of 9% to 10% return per annum over the 15 year period. Please let us know if it is a sound plan. Thanks for the great service.

Q: As you may know, Iridium launched 10 new satellites into orbit this past saturday. At the same time, they announced a JV with Aireon whereby Aireon would be selling aircraft tracking solutions, incorporating/utilizing the Iridium satellite signal. Flyht Aerospace already has a great hardware/software platform to do this using the same Iridium system of satellites. How can this be a positive development for Flyht Aerospace? Even NAV Canada has invested in Aireon!? How/why would Iridium do that to their customers and why would NAV Canada do that to Flyht?

Q: Any chance of counter offers?

Q: Would you give me your latest thoughts on TEVA

Q: What are you thoughts on WPX.T. its a little beat up but looks to me like a buy. you thoughts?

Q: I think CCL.B, RPI.UN, WPK and ITP are sort of i the packaging/labelling business so somewhat related. How would you rate these companies based on earnings potential and management competence & ability to do what they promise over 5 yr period? Also separately rate each relative to their balance sheet please.
Thank you.

Q: Hi Team,
Hi Team,

Denison Mines has had a very sharp drop over the past several days. Do you know why and if it is likely to continue or turn around in the near term?

Thank you, John

Q: The company issued a news release yesterday regarding a significant contract. The prospects seem promising. I would appreciate your comments, as well as your understanding of Bay Street's view of the company.

Q: I have a larger position in this stock. Would you recommend to sell all now or 50%?

Your opinion is very much appreciated.

Thank you.

Albert

Q: Last year I believed that oil reached too far of a low and would rebound and luckily I was rewarded. My allocation into this was a measured risk with BTE, MEG and BXE. This year, while I think we will see higher prices, I do not believe the growth will be as great, perhaps hitting $60-65 by the end of the year as an optimist.

I am seeking to follow a similar pattern (1 pure gas play, 2 oil companies). I am not overly concerned with dividends nor risk (I don't believe a large plummet to $40 WTI is going to occur either). What I am concerned about is owning companies that are spending capex to drill and take advantage of these increased prices.

VII vs PEY is what I have narrowed things down to for nat gas, just curious where you see them going forward especially related to capacity increases. TOU is too much of a 'safe play' for this account.

Furthermore, are VET and WCP (intl and North American) some of the best in breed, or am I overlooking some other gems? CPG, as an example, doesn't make my cut because of their focus on maintaining rather than expanding. BTE and MEG will be okay but I think they're too focused on survival and debt rather than expanding. This is for my TFSA only so I am focused on growth.