Investment Q&A

Q: Hi Peter &Co
I hold KMR in a TFSA. Some of the news on Consolidation of Kinder Morgan express concern the the US IRS may be taxing Capital gains on these shares retroactively.

Do you have any insights into IRS acting to tax Inversions such as this. Perhaps you Bloomberg terminal would have some timely advice on this. I could sell the shares before the inversion closes, but hate to jump at shadows.

I realize you are not US tax experts but you might have run into useful 3rd party advice that would be helpful.

Regards
Ernie

Q: Hi, I have parted ways with a wealth manager and recently transferred in to my self-directed account all of what they held for me. My portfolio now has way too many companies to follow (~60) and I would like to cull the herd starting with Energy. I now hold ARX, BNE, BNP, BTE, CPG, RE, TBE and ZAR. I like RE and would like to sell BNP and ZAR if only because they are in a loss position and I could use the offset. Of the group do you see any real keepers and any real clunkers I should sell?

Q: Hi 5I Team

I'm fairly certain you'll need a microscope to find this one, but I thought I'd try anyway. TVI Pacific (TVI) This has been sitting in my portfolio for "at least" 15 years and has done exactly nothing. I'm still surprised that it even trades. Would appreciate your comments as to whether it's even worth the paper it's printed on. Thanks so much!

Q: HWD-T
Hardwood Distributors has been drifting down for awhile.Is it worth continuing to hold or is it time to bail?
Thank you.

Q: Hello Peter & Co.
A question regarding portfolio rebalancing. The average weight of my holdings is 2.3%; assuming that all the holdings are "good", one should take profits from holdings with the higher weight and buy ones that have not grown as much. To give myself some leeway, I should be taking profits from holdings that are of higher than 3% weight, namely CSU 4.5%, LNR 3.5%, KEY 3.5%, IPL 3.4%, PPL 3.3%, IFP 3.2%, CGX 3.1%. But I have already trimmed those holdings a few times in the past only to see them make new highs whereas the ones I switched to did not perform as well; therefore the assumption that all the holdings are "good" does not hold water; some are obviously better than others.
I need your help to sort this out.
Thanks,
Tony

Q: I have approx 30k to invest in a TFSA which currently has Questor as it's only holding. My RRSP pretty much mirrors your Model portfolio with the addition of DHX , GUD and DEE. I would like to maintain a 20-25 total stock approach across both accounts but wonder what companies you recommend at this time or what positions I should add to?

Thank you

Q: Question on Nevada Copper (NCU-T) - would love to hear your thoughts on the name and if you would view the recent pullback towards the 200-day as a buying opportunity. Would have expected stronger performance after the positive permitting news released on July 30th. Is this a short term buying opportunity before final Senate decision this fall?

Q: My TFSA is fully topped up. I currently hold AVO, BNS, CCL.b, IPL and SPB. AVO has been been a disappointment but I'll hang in.
I am thinking of selling IPL and possibly BNS and replacing with XHY ishares bond fund. Thoughts on this would be appreciated.

Q: With reporting to happen soon, is right now a good time to buy a Canadian bank stock? What would be your top 3 CDN banks to get into now? Why do you favor BNS in your portfolio with its foray into Central and South America?

Q: I would like to get your opinion on Partner REIT (PAR.UN), after they 50% dividend cut if the stock represent a good value at this point. Thank you

Q: What do you think of holding the Pimco PGI.UN as an alternative to cash? They seem to have a strong yield and little volatility. Thanks.

Q: Hi thin is my first question here as a new member, its regarding par.un , I bought this about 2 years ago for 7.40 and its trading now for 4.36, im kicking myself now for not selling it last week for 5.20, so what do you suggest I do now buy sell or hold, or wait for a bounce, I have an 800K account and about 50k in cap gains in 2014

Q: Concerning Sea Dragon Energy,

They have a land concession of 1275 sq kilometres in South Disouq in Egypt with a rich gas potential of 1.5tcf
Today they announced a farm out partner for this who is IPR energy who will receive a 45% stake. With this news there is no movement is share price or any volume. Is there an explanation for this and if not should I acquire and wait till the market wakes up.

Q: BEP.UN (Brookfield Renewable): thoughts on latest results please. Thanks!

Q: KBL (K-Bro Linen): thoughts on latest results please. Thanks!

Q: Hello - could I have your view on the new issue of Northern Blizzard (NBZ).

Keep up the great work.

Q: Could you rank the following stocks. I'm looking for growth 3-5 years.
BYD.UN
QST
ACQ
DHX
I'd like to add all of them but my CA weighting can only handle 2.
Thanks so much for all your solid advice.

Q: I am a share holder of Elk Water Resources (ELW), now I have some rights that are also in my account. My broker has informed me that for every 4 rights I can buy one new share at $0.1/share. I have never seen this before, is this info correct and it seems to good to be true buying the shares for $0.1/share when they are trading at $0.78/share? Why would a company do this and does it also mean that there is additional dilution coming to all existing shareholders because I assume the additional shares will be issued by the company??

Darcy

Q: Hi- your comments on RLC results- have they moved out of the high risk bracket? They seem to be executing very well.

Q: Hi,

What do you think of GWPH as a long tern 3-5 year hold? Is there a medical marijuana ETF or stock you like better?