Investment Q&A

Q: I have some US dollars to invest. What do you think of the growth prospects for this company. I see a trailing PE of 18 times and a forward PE of less than 9. Or is there something else you like better.
As always thanks for your help.

Q: It looks like Kraken Sonar started trading on the Venture Exchange on Tuesday via a reverse takeover. I was greatly impressed by the images from their sonar compared to sonar in use today (reminds me of images from Avigilon cameras compared to those in use now). Can you tell me anything else about this company.
Bryon in Elmira

Q: What is your take on the results released yesterday? I own it. Thank you.

Q: Hi Peter,
Would like your opinion on the new Brookfield proposal with Armtec. Assuming no buyer is found, it looks like Brookfield gets the assets for the debt and the current shareholders get to keep their shares in a company with no assets or liabilities. Very unusual!
Joe

Q: What is your opinion on Morguard? Looking at it as a possible real estate investment.

Q: A stock split is not a taxable event, What about stock dividend? Would it means that I will be taxed on certain amount representing half of the value of stock at the time of declaration?

Q: Hi Peter and team,

I just wanted to send along a thank you to you and your membership subscribers for the information provided on what institutions to check out. This was very helpful information and we will be checking them out next week.

Thanks again, Charlie

Q: Good day,

Healthy drops on each of these two companies today. Any cause for concern or just profit taking with each seeing all time highs this week? Assuming that both are held at a position size that could be comfortably expanded would you suggest buying more on the dip, holding or even reducing?

Thanks!

Q: Just to clarify an answer to an earlier question are you saying that having a portfolio with say 8 etfs is not a good idea because that's way too many holdings, you say around 20 is a good number. Vthanks

Q: Hi - with the ETF - CDZ at 20% energy content, how do you view the risks to this ETF regarding these companies not being able to grow dividends in a prolonged and depressed energy environment. Does this change your outlook on CDZ as conservative, diversified dividend-grower ETF in Canada? Or, does this just mean CDZ cleans out the non-growers and looks elsewhere rebalancing to it's "aristocrat" rules as it moves on? Outlook and views on CDZ appreciated. cheers and thanks...

Q: Please comment if you can on today's year end report and their conference call. Company seems finally to be making good progress and have attracted 2 new funds as share buyers, according to Morningstar.

Q: I request that this should not be treated as a question as it is general information I need to provide everyone.

I would advise everyone to be with reputed discount brokerages especially the ones offered by banks. Their commissions are usually higher but their customer service and execution is much better. Also, being with these brokerages is preferable for investment purposes as you end up trading less and that is always good investment strategy. Personally, I had recommended people to go with Virtual Brokers in the past due to their low commissions, but horrible service and unnecessary fees (which I personally encountered) makes these accounts much more painful than paying a few more dollars in commissions at the bigger ones managed by the banks.

Q: Hi Peter, I am looking for investment in the US market, Narrower down to the above two stocks. Both offer dividends and have solid business model for some growth. Would appreciate your choice, perhaps another one you would recommend.
Regards, J. P

Q: Hi 5i,

We hold the following ETF's with their portfolio weightings and MER's. All are held within RRSP's. My question is: Since these 5 ETF's all have MER's in excess of the 0.50% mentioned in a response to a previous post, should I switch to a lower-cost alternative and, if so, what would you recommend? All are Canadian Hedged and all are iShares offerings. The goal was to achieve geographic diversification across both bonds and equities.

CUD U.S. Dividend Growers Index ETF MER 0.65% Port. weighting 4.76%
CWO Emerging Markets fundamental Index Common MER 0.70% 4.78%
CYH Global Monthly Dividend Index MER 0.66% 4.91%
XEB JP Morgan USD Emerging Markets Bond Index MER 0.73% 4.79%
XHY U.S. High Yield Bond Index MER 0.62% 4.89%

Thanks!!
Cheers,
Mike

Q: What is the 5i take on the new agreement between Riocan and HBC?

Thanks.

Paul F.

Q: Good morning to all,
Do you think SFL is still good for income and is AHF.DB safe to keep for income until maturity? Thank you

Q: Hi Peter & Team,

Nov 4 2014 saw SUM miss on revenues & earnings resulting in an immediate 19% drop in share value. It appeared to bottom out on Jan 21 @ $6.60 26% below it's high back in Nov prior to the last report.

Since then it has slowly started to regain some momentum on sporadic trading which has increased over the past couple of days. It is being covered by a number of analysts who for the most part are fairly bullish on expectations with an average target price of $8.94.

On Dec 1st you said "The most recent quarter was not the greatest and concern over future growth has arisen. We would not consider the valuation as cheap but some decent growth is expected."

Your advice was to not rush in and to wait and see what happens with the next quarter.

Right now I am slightly ahead with SUM scheduled to report March 18.

I was wondering if you could tell us what the street expects, whether you would consider SUM a Sell/Hold/Buy, and what your advice for me would be moving forward. My weighting is 3.6%.

Thanks for all you do

Gord

Q: Interfor had a significant down day today and West Fraser did not do well either. What do you think might explain these drops? Lumber prices and housing starts may be factors. Should I consider selling my positions in both companies?

Don

Q: What is the difference between a portfolio of 20 stocks and an ETF of 500 stocks? Most analysts recommend to own around 20 stocks with an average weighing of 5%. More than 20 stocks is considered owning to many stocks. How do you reconcile those two approaches?
Thank you for the response and congratulations for a wonderful job.

Jean

Q: to a members question on a good u.s. stock you came up with mattson technology with the cavaet that you do not know management the way you do with amaya and sylogist.
my question is of all the u.s. stocks why this one and why did it come to your attention.and i have to admit it looks good. i will take a position tomorrow. dave