Investment Q&A

Q: Peter, which Cdn or US Oil companies have their current and future production consistently hedged at higher prices ? Is there somewhere to see this ? Based on this would you recommend a 1/2 position in any ? Thanks.

Q: Not a Question, just some feedback on the strategy of tax loss selling.
I crystallized some losses 24 Mar to the tune of 33k (gasp)!
Due to these wild markets, those four stocks are now collectively up almost 10k at todays close (another gasp…did I blink?)!
However, the ETF that I purchased 24 Mar with the proceeds from the sale of those stocks, and will hold for (at least) 30 days, is also up more than 5k. Even though things have moved more quickly than we would have thought possible, I am happy with the way things have turned out so far:
After 30 days, I will have a tax loss of 33k that can be carried forward indefinitely which brings a good deal of flexibility to my planning (how many of us have resisted selling a stock in the past because we don't want to pay the capital gains tax?). I will also hold a credible ETF that pays a monthly dividend that I may chose to sell and repurchase the original stocks, or not.
Before repurchasing, I will probably ask 5i if it is a good time to get back into those four companies.
Thanks again for all of your good work
Publish if you wish

Q: Hi,

I am trying to wrap my head around Shopify.

With all the craziness in the market due to COVID 19, how is it that this stock has held up.
It is up 12.7% YTD and a return of 118% in one year.

What is so special about this stock that it’s held up so well while other stocks within the same industry/sector are down 50%-60%.?

Thanks,

Q: Comment--Tardif,port mgr told BNN this morning that he was buying Ray.a near the $3.18 (1 year low) & on the way up.Apparently,it is a good co which was oversold & Ceo & Chair have been big recent buyers

Q: I am being charged with holding tax by my brokerage on foreign dividends in my US$ RRIF. [TOT] [Is that recoverable?

Q: Does 5i have an earnings calendar?

Q: Can you please comment on the recent update from the company .
Is it a buy now

Q: People are becoming more aware of copper/brass as the material that destroys bacteria and viruses.
Early research on workers with copper/brass have shown that they have much lesser chances of becoming ill.
What would be a good play on this?
Preferably with a dividend

Q: Further to Chris M.'s note on insider buying at NFI, it should be noted that Mr, Gray also purchased $35 million of NFI stock in August 2019.

Paul F.

Q: Hello peter and team,
I’ve been following Peter since he use to run Sprott mutual fund. appreciate over the years how much I learned. “The BIG picture of investment “
1.Currency is another form of hedge. Served me very well till today on many occasions
2. Diversification. Surely enough I have to believe it
3. Weed stocks valuations and Big picture outlook for Energy sector in general. No regret to miss the boom and bust. Sleep well! Healthy investment ha!
Here is my other questions:
1 Ignore the market indexes up and down, I have 50/50 split between S&P/Nasdaq( actually tech portion is over my 50% as SP has 25% tech), what’s your outlook the growth and earnings for the tech sector compare to the rest of the groups during the Q1 2020? Less impact or nearly the same as overall market
2 when people overstocked toilet paper instead of shopping for good companies in stock market in March, thinking about post virus investment strategies, What we learned from WFH, human can’t live without tech. It has changed humans life forever? I remember the article your investment thesis is simple, buy apple or blackberry? Go to the mall and airport have a look.
Looking forward to reading Peter’s articles on financial post !
Thanks you and team, keep up the great service

Q: After market closed today,LSPD stated the following.1)Reports Q4 on May 21 2)Expected Rev to be @ upper end of guidance & Ebitda to exceed guidance 3)$220m cash as @ Mar 31/20 Please comment.Txs for u usual great services & views

Q: SIS closed @ $11.25 up 0.70 & SYZ $9.00 up 0.75.Any news? As per u advices to keep good & bigger cap stocks,should I be holding this 2? Txs for u usual great views & services,

Q: If I believe that there will debt problems before this is over , does one want to continue to hold HFR. I have held it for a couple of years but would sell it if things go down to add to stocks I like. A couple of weeks ago it went way down when market crashed. I read your answer to stay put as things were a little crazy in bond market. Is it the worry of the bond holders that the companies will go under and in fact this is not a real safe holding right now as I see 1|2 of it's holdings are BBB?

Q: Just a simple persons observation.
WCS @ $5/bbl = 3 cents/liter
Using another metric: Macdonald's cup of coffee for seniors(1/2 liter) = $1
MacD coffee is roughly 65 X the price of WCS
GO figure????

Q: I see you made recent comments on Match group. I'm interested and it looks very strong fundamentally (pre covid), very high roic, roe. But debt looked like it could be pretty high and CEO sold a large chunk of shares last month. Can you comment on its financial situation and would you have concerns with it making it through some negative quarters?

Q: Based on the following from G&M today, and my horizon of 5+ years, can I have your opinion on continuing to hold:

"NFI Group Inc. (NFI-T)

On March 25, Adam Gray, who sits on the board of directors, invested over $10-million in shares of this company. He acquired 1-million shares at a price per share of $10.85 for an account in which he has control or direction over (Coliseum Capital Management LLC), raising this account’s holdings to 3,206,246 shares.

On March 25, director and the company’s former president and chief executive officer John Marinucci invested over $105,000 in shares of NFI. He bought 10,000 shares at a cost per share of $10.51, lifting this account’s position to 145,500 shares."

Thx
Chris M

Q: I have a position in BIP.UN in my Cash account at a loss and a small position on BIPC in the same account. If I sell BIP.UN and buy BIPC would the loss be considered a superficial loss for tax purposes?

Q: In early March, as the markets dramatically weakened due to looming economic damage from Covid-19, I sold four smaller, lower-quality positions within my portfolio, mainly for tax-loss reasons (the proceeds represent <2% of the portfolio value), with the intention (option) to re-buy after 30 days (as my philosophy is long-term buy-and-hold). The question now, of course, is whether to re-buy any or all of the 4 positions sold (fortunately, 3 of the 4 are trading at prices substantially lower than what I sold them for). I wonder what your advice would be as to whether to re-buy any or all of these at this time:
(a) Russel Metals;
(b) Cenovus (note—I already hold Suncor as a major position, which I could add to instead);
(c) MTY Food Group (I already hold as major positions SBUX and QSR);
(d) Premium Brand Holdings.

Q: Several people in my area have recived a letter from a person named James Campbell stating that this company crestview exploration inc is going to be the dream company that we all dream above , he mentioned that in the next 3 months you will be looking at a 500% gain and in a 12 month period looking at a 2,400% percent gain. Any thoughts on this company. Thks Wilson

Q: Please give me 3 Canadian oil & gas producers with the best commodity price hedges for 2020.