Investment Q&A

Q: Hi Guys,

I sold WCP for the tax loss in October. Since then it has declined from $8 to $5. Any suggestions as to when to buy back, or would you suggest any other replacement, say VET?

Still hanging on to Teck at a big decline. Was concerned that they would bring on a partner for their copper mine in Peru. Any point in waiting longer or will a deal not be of any impact?

Thanks,

KC

Q: Hi 5i
Exco technologies reported today.
Your shop thoughts on performance in the quarter and going forward.
Your coverage has been clear that the stock is cheap - is this quarter's performance a catalyst to start unlocking value ?
Thanks

Q: Top up my quarter position in SIS or start new quarter position in TSGI? 5+ year hold

Q: Any news why LIF dropped $3.25 today?

Q: Medgold (MED) is a junior exploration company that has a project in Serbia. The stock has seen a substantial gain this year due to some interesting drill results. In the last few weeks the gains have been erased and in fact the price is lower than it was a year ago. Would you be able to provide any reasons for this decline in the stock price as well as insider ownership/recent trading and cash reserves. Also do have an opinion on the recent exploration results as well as the quality of the resource going forward. Thank you.

Q: Can I have your comments on BNS's earnings and announcements this morning? At first glance it doesn't seem likely to be well received. Would this be a time to switch into a better performing bank or add to the one that is underperforming? Could you suggest which US bank and which Canadian bank you would switch to? (no problem if this is a multi credit question).

Q: Looking at this, what's your take on it.

Q: Hi Peter,

I am trying to understand CSU's high P/E ratio which I see as 55-60P/E from one site to another. Please help me understand:
Q1 2018 = $8.50 EPS
Q2 2018 = $7.42 EPS
Q3 2018 = $8.95 EPS
Q4 2018 = $9.54 EPS (projected)
Total for the year = approximately $34.41. Current price is $912; therefore $912/34.41 = 26.5 P/E rather than the 55-60?

Q: Do you know whether OMERS is still long the Altagas shares that it purchased when Altagas issued the subscription receipts?

Q: What do you think about ATVI? How expensive is it / what is the growth outlook? Would you buy?

Thank you

Q: Hello Peter,
What are your thoughts on GMP Capital? I have lost more than 50% on the stock since I bought it. The company does seem to be doing fine as it gives out special dividends and with recent takeovers of other related companies, I thought GMP would gain traction but it has not moved up much. Yangarra resources has lost lots of its value but mostly due to the sector issues. A few questions please:
i. Understanding that both companies are in different sectors, do you think Yangarra has higher chance of increasing in stock price then GMP
ii. Given our current policies on energy and pipelines, do you see the oil sector recovering anytime soon as i was thinking of putting monies in other companies like Tourmanline etc
thanks very much

Q: I am finally planing to sell the stocks above. and replace them with a 5% of Telus, Qualcom Great Canadian gaming and Brookfield Asset Man. for a 2-3 year plan.
Would like your comments ?
margita

Q: Hi Guys,
I submitted this question last week so not sure if it didn't go through or just got lost in the shuffle. The question is as follows: I am concerned about the oil and gas industry going into a prolonged down pricing environment. Can you rank these companies in terms of balance sheet strength and their ability to withstand a prolonged downturn? Can you also speak on if any of these would be in significant financial trouble (e.g. - bankruptcy) over a prolonged downturn?
Thanks,
Dean

Q: HELLO I bought the subscription rights (ALA.r) when you advised so I’ve taken a bath, just wondering if i use it for a tax loss and buy SPB and/or CSU or anything else that you might advise to retrieve/decrease my loss. What would you do? Thanks for the service ... I know we cant bat 100% all the time.
Rick

Q: Would a dividend cut help ALA,even a 50 percent cut is 7 percent ?

Q: Good morning,

Any reason you see for today's $1.25 drop in Altagas? The only recent material change seems to be as of Nov 20 with the appointment of Randall Crawford. Any insights are appreciated.

Thank you

Q: tsgi deal with eldorado seems to be an excellent deal, with only a million shares issued on a share count of 270 million, its peanuts yet stock is down, why. dave

Q: At what price is ERI getting a million TSGI shares plus options on more. I see somewhere $23 and change. Is that correct? And are those shares from Treasury or are TSGI shareholders getting diulted? Thanks.

Q: Hi Peter and Ryan: Thanks so much for your calming responses to the current volatility in the markets. This is my third time through a downturn since retiring in 2000. It isn't much fun, but intellectually I know that the market doesn't go constantly down as well as it doesn't go constantly up. Your well thought out reasons helps to remind me of this.
My first question is: in what sector do you place Csh.un.? It works best for me in Income Trusts, as that is why I have it. The TSX places it in Real Estate.
My second question is; is this a good time to purchase an ETF such as VEE and or FEZ? I am overweight in Canada and the U.S. and underweight in Emerging markets and Europe.
Thanks so much. Your advice is wonderful for a small investor such as myself.
Cathy

Q: Hello Peter and Team,
I hold these three securities in my RIF account with over 20% loss.
I am thinking of selling specially MAXR and PHO to replace them with two other securities with more potential upside when and if the market recover.
Please give your opinion and potential replacements.
Raouf