Investment Q&A

Q: CPG has been on a steady decline for the last two weeks. Right now it is sitting at $37.28, which is at the 52 week low.

I know you do not have CPG in your portfolio, but I am wondering if you can shed some light? Is CPG reflecting the movement withing the sector, or is this a sign of other more alarming issues?

Q: I may not be the first to ask (hopefully) but do you have any idea on what is going on with DHX. I own it in two portfolios and both show no values for this stock as at 3:15 today.
GUY R

Q: Just an observation on the selling of these shares. I noted that HLP.UN buyout is set to occur in the new year. I liked this as it puts capital gains tax off for a full year. Considering that late date for shareholder approval on CFN (Nov.3 I think?) this might likewise happen in new year. Considering the dividend on these stocks I have allowed myself to borrow against future sale to buy stocks I like today.

Q: Is Kinross K.TO going for bankruptcy ? It drops twice as much as the other miners on a daily basis, not only today. Unfortunately, I have a position in it for 3 yrs now. How do you see K.TO 2 yrs from now ? Do they have enough cash to sustain their operations ?

Q: I am interesting in your recommendations for a good dividend paying stock in the Canadian Bank sector and in the pipeline sector? I am looking for steady growth of the dividend.

Q: Another AVO

I bailed out wen it hit $14, unfortunately the bottom. I am used to these type of drops because I have had drug stocks that do that on a regular basis when they do not get to phase 2. Sino forest, which I held a few years ago, I rode all the way down to 0. I've learned over time, the market knows best if a stock is under performing. People closest to it know it best and they are selling it. I will cut my losses if it gets 10% below my purchase fee or if it has risen a lot and starts to lose momentum. What is your opinion?
Dennis

Q: You recently touted United Technologies (UTX) as having good growth potential. I currently own General Electric (GE) and have long wondered which of the two has the best long term growth potential. UTX has come down a lot more than GE in the past few months. Is this a time to swap companies? I don't require either stock for income.

Thanks for the insight.

Paul F.

Q: Hi Peter & Ryan
Just reread Peter's piece on how to evaluate an individual stock correction such as we have recently seen in AVO.

Can you tell me where a retail investor (with no Bloomberg Terminal) can access info on Block trades. I see Volumes for individual ticks on various exchanges on TMX Money Quotes. It is not clear to me that any given large volume is a block trade as distinct from an aggregation of smaller trades.

Your handholding on AVO has been rational & soothing. We need a lot of that it seems.

With thanks
Ernie

Q: In response to some recent questions on Contrans, you mentioned that we should know in the next 12 days if they will declare /pay the regular dividend. The following is a quote taken from the Globe article 2 days ago:

“In a telephone interview, TransForce CEO Alain Bedard confirmed that the dividend (Bloomberg estimates it at $0.15 a share) that would have been declared in mid-October won’t be paid. “There are no more dividends for Contrans’ shareholders.””

My first question is what gives the right to the Transforce CEO to confirm anything with respect to what Contrans will or won’t do? And my second question is that given his statement (if we take it to be correct) what makes you believe that it is still possible that Contrans might actually pay the regular dividend.
Steven

Q: More of a comment on this company-I live about 5 miles from this operation and they seem to be hitting on all cylinders-the report this morning about their costs is impressive as is the production increase-seems to me a positive recovery story so far-just need the price of gold to keep climbing.

Q: Hi Team: any comments on ORAN- the yield and PE look very attractive here. As the former France Tel, are they not in a strong defensive position as well? thanks

Q: Hello: I would like to segregate my portfolio into 4 segments. 1. Can. income (DGI), 2. Can. growth, 3. Registered account; USA income (DGI), 4. Registered account: USA growth. I want dividend growth and capital appreciation for the DGI (dividend growth investing) companies. I already own all the Can. banks, BCE, DH Corp. I own other stocks as well. In my TFSA, I own: AYA, CSU, DHX. I am overwhelmed with all the various choices and recommendations. I made the mistake of buying Fortis, which is okay for dividends, but not for growth. I'm interested in Open Text OTC.

Can you please recommend 3-4 stocks in each of the 4 categories? I have a reasonable to aggressive risk tolerance. Overall goal; grow the portfolio net worth over the next 2-5 years.

Q: This stock is doing very well in this market. Can it be bought and do you have a target price. Thank you.

Q: Hi Peter and Team,

First of all, congratulations to Peter for a magnificent ride supporting such a worthy cause.

Another question about CSS (sorry!): Even with the price of CSS hovering just under $15.00, I'm still up 30% and I thank you for that. How would you feel about me not tendering my shares, but selling CSS outright before any deal is finalized? I plan to use the proceeds to buy TMA to stay in the same sector. The reason for all of this is to avoid any "shenanigans" that seem to be occurring (or maybe I'm wrong about my feelings of uneasiness?)

Thanks in advance for your insight.

Q: Peter, what is your view on HLF and the acquisition of Atlantic Trading Company. Market didn't seem to react favourably. Thanks in advance.

Q: In comparing my portfolio to your suggested weightings a couple of sectors need to be rebalanced.

The areas where I have the least exposure are:
1. Consumer Disc/ Staples (Total 15%) vs my PF at 5% assuming I have categorized the stocks properly. Current holdings are DHX, AW.un,CGX and ACQ. What would you add to flush out this sector?
2. Telcos (10%) vs my PF at 2%. I do hold T and BCE. Should I just add to these or do have additonal suggestions?

The adjustments will be done over a period of time as much of the new buys will be funded by selling energy stocks where I am sitting at a 21% weighting - even with pullback in this sector. (Another argument for diversification. I thought I was so smart earlier this year with a heavy energy weighting. Live and learn!)

Thanks yet again for you help.

Q: Could you give an updated comment on this company, please. Also, in case you don't already know, the search feature doesn't seem to be working properly - tried ATA plus a couple of other symbols and I was getting a lot of non-related stock symbols returned.

Q: I am considering a switch from Corby Spirit & Wine to Diageo. I realize I am losing the dividend tax credit, a bit of yield, and taking on some currency risk, but gaining international exposure, size, and presumably growth potential. One concern is Diageo's volatility as compared to Corby. Any comments on this idea would be appreciated.

Q: hello- Do you have any thoughts on Aegion in the US- they are at a 2 year low - is their business similar to our Shawcor, which is still
holding up here in Canada?
Thanks

Q: what is your view between CBO and VSC.Any preference?
I see you have CVD in income portfolio,why? Have 160K to allocate to fix income in my RRSP.loOking at CBO,VSC (REAL SHORT TERM),CVD,XHY.
US industrial really taking a hit!Just a correction?UTX,FLR,PCP,BA.