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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: Good Morning Peter, Ryan, and Team,
I manage an income oriented account which pretty much mirrors your Income Portfolio except for several higher growth, high conviction names from the Balanced Portfolio. This account still has SLW from when Silver Wheaton was part of the Income Portfolio. I would like to continue to have some precious metals exposure in this income oriented account. Is SLW still a good holding or should I switch into another precious metals name ??
Thank you for your help. DL
Read Answer Asked by Dennis on June 20, 2016
Q: Hi, Sylogist continues to buy back its stock significantly under new NCIB, most recent being 99,700 shares for $9.99 on June 17. I know it's a solid vote of company's confidence in its own stock being undervalued. So, is it a good strategy to add to my position alongside the company at current levels $10. My second question is if Sylogist prefers using its cash chest to buy its own stock, does it indicate that new acquisitions are not near the horizon ? Thanks
Read Answer Asked by rajeev on June 20, 2016
Q: First bought a small position when it had dropped to $90 from its alt-time of around $117. Averaged down several months ago to a $53 cost and about a 3.5% position. Am thinking about chasing it at its current price of $29 to lower my cost to $40. Can't understand the downward pressure on this stock. I know it has some debt but also strong earnings. Can't help but think of Teck when it was down below $4 not that long ago and now is over $15. I don't like averaging down but it just seems so mis-priced. Forgetting about the short manipulations, do you you see any faundamental downside risk.




Read Answer Asked by Lloyd on June 20, 2016
Q: I hold WMB in my RRSP.

Please advise which option to elect in the merger of The Williams Companies Inc (WMB) with Energy Transfer Equity LP (ETE). The three choices are:

1 - 1.8716 share of ETE for 1 share WMB
2 - $43.50 cash for 1 share WMB
3 - $8.00 cash and 1.5274 share of ETE for 1 share WMB

Thank you
Read Answer Asked by Stephen on June 20, 2016
Q: Hello Peter,
In your latest Market Update you are suggesting:
"....We would view any declines in the market/stocks during the lead up to the Brexit vote as an opportunity to add to names that investors may have been waiting for 'better prices' on...."
Providing that there will be opportunity,I am planing to buy PBH,SIS,NFI,JKHY.US and AMZN.US .
My question is: when do you think is better to buy ,on day of voting for BREXIT , before day of voting or after day of voting?

Thanks
Read Answer Asked by Andrzej on June 17, 2016
Q: Good morning Peter and Team,

I have some personal (negative) experience with an engineering consulting firm owned by WSP. What would be your best choice(s) as an alternative to WSP in the engineering/infrastructure space?

Thanks as always for your valued advice.
Read Answer Asked by Jerry on June 17, 2016
Q: Could you please give me a list of your favourite insider owned companies presently? A percentage of insider ownership and a brief reasoning as to why you are choosing the company/companies over other possibilities. If there is one that could be considered a full position purchase at this time or would you ease into all the names. Thank you
Read Answer Asked by Jeremy on June 17, 2016
Q: Hi Peter, Ryan & Co.
One of the money managers on BNN recommended GSBD as a "top pick" today. This company seems to fly under the radar, yet offers a rather attractive 9% yield. I have not been able to find much detail on this company. Can you please comment on the company's payout ratio, sustainability of its dividend, risk profile, etc. I'd like to know if I'm taking on excessive risk in exchange for the juicy yield.
Many thanks,
Brian
Read Answer Asked by Brian on June 17, 2016
Q: Hello 5i,
Last week i asked a question regarding broad market etf's and you mentionned vun. I failed to specify that i was looking for unhedged versions. My research shows two funds that seem to correspond to vun. They are: vfinx and vfiax. Am i right in that? And if so, i imagine the difference between the two funds is that vfiax is the same fund but needs ten thousand dollars initiat purchase. Am i right in this?
Thanks
Read Answer Asked by joseph on June 17, 2016