Investment Q&A

Q: Further to another users question on BTO, I recognize internal executives will sell their shares for many reasons. However, any additional insight given the insider selling reported by the G&M today?

B2Gold Corp. (BTO-T)

On July 3, William Lytle, Senior Vice-President-Operations, sold 125,937 shares at a price per share of $3.39, leaving 32,052 shares in his account.

Thanks!

Q: I hold AQN in a cash and Tfsa account. I would like to have the dividend kept in US $ as we often need US $. I presume the dividend would still qualify for the dividend tax credit? I would just have to convert it to Canadian in the cash account. The other account wouldn’t matter if I convert it too? I would have to know the Canadian $ value if I took it out?
Thanks for you insight into this.
John

Q: I am looking for safe, dividend paying Canadian preferred shares investments . Which ones would you be recommending at this time and why?

Thanks again for all you do.

Paul

Q: Peter and His Wonder Team
Another question about this company if you please. It is about trading volumes. The other day BBOX in a filing to the SEC stated that they might run out of cash by the end of the year and have to file for bankruptcy. The stock crashed from $1.95 to $0.75 in a few hours. Then 2 days later they announce a great giant contract and the stock recovered closing at $2.03 today. The company has 15.1M shares outstanding yet the trading volume today was 61.4M...YES that is right 61.4M. That is 4X more than the entire float. So as a rookie investor I am trying to understand this incredible volume. Is this professional day traders buying and selling ...buying and selling knowing that the price has to continue to rise. Also I notice large orders going through...are these mutual funds buying and selling when they have made a 5-10% profit.
Would you rate this as a very unusual event. Your assessment please! Thank you immensely.

Q: Please deduct two question credits.
I would like to buy a small cap index fund. What do you recommend?
I hold CHR since last fall and it is not performing well. Would you hold or sell and if so, why?
Many thanks for your great work,
Jen

Q: Re Sheldon's Q, Recognia is a feature of Investor's Edge of CIBC

Q: Mr. Hodson, what is this matter about GUD being reassessed for past activities dating back to 2014. Is this a serious matter ? What is the likely outcome in your opinion ?

Q: I am learning a lot from your services of 5i, Canadian Money Saver, ETF newsletter..
I have owned CNR since 2005. From an original 10% of the portfolio, it has now grown to 20%. I read your answers to other questions about CNR.
My dilemma is-
1. CNR is a good long-term hold: So, leave it.
The risk is its falling in a recession/ tariff war. (It fell 30% in 2008.)
2. Portfolio weighting is more important: Trim to a lower percent and pay the tax.
But, from selling other stocks and 5i Growth stocks, I already have some capital gains.
What would you do?
Thank you for your wonderful service and great investor education.
Shan

Q: I have a 7% position in MFC. Normally this security would benefit from rising rates. My thoughts on this has changed. Borrowing short term and lending long term doesn’t look that attractive to me at this time as the yield curve is flattering. I’m an income oriented investor are there better opportunities elsewhere.. I’m down about 5%. What are your thoughts on my thesis? Should I sell and move on, reduce my position or hang on? I also have a smal positio in FLI.

Q: This is a followup question for my question from last week about payout ratios.

I understand your reasons for using cash flow over earnings to calculate payour ratios. Thanks for clarifying. But when I use your posted numbers to calculate it for ENB, I get:

Payout ratio = Dividend / cash flow
= Dividend / (Price / Price to cash flow)
=2.684 / (46.69/9.7)
= 56%

But, in the question I asked previously, you stated 37% was the payou ratio for ENB. It was correct for BCE, however (3.02/(54.57/6.5)=36%). I guess I am not calculating it correctly.

How do you calculate your payour ratios based on cash flow?

Also, since it is such an important number that others don’t use (based on cash flow) could you include it in your company profile?

Thanks again,

Fed

Q: If the auto sector is hit with tariffs what will the impact be on APR.UN, if any?

Thank you
Philip

Q: Hi Peter/Ryan,

My daughter is 11 years old and currently in her RESP account I have invested $40,000 in CBO,XBB,CDZ,CPD,XHY (equal amounts).
I am considering selling the current holdings and investing equal amount into below
1) ZQQ OR QQC.F
2) XIU OR XIC
3) VFV OR XUS
4) Balanced:  GC, SIS, PBH, NFI, CSU
5) Growth: PHO, KXS, GSY, ECN, PEO
Please let me know your thoughts about the above strategy.

Thanks

Q: Hi
There are some reports that ENB should/ might sweetened the takeover price for ENF. Any comments? Is adding to an ENF position smart, in view of this possibility? Thx Frank

Q: A few years ago my former broker recommended stochta.com which shows free technical charts and more. For charts of Canadian companies add .c to the symbol. I hope this is useful to some members. Thanks for the great service, Frank

Q: What are your BEST 5 ideas for a TSFA account. Thanks Valter.

Q: I wish to add more fixed income to both my Can $ and US$ portfolios. Reviewing recent Q & A has given me information for Canadian options. Can you suggest US$ Etf's for US and/or international exposure. Thanks for your help and continuing good advice. Doug

Q: With reference to Sheldon's question on Recognia and MACD crossovers, a free resource for positive and negative crossovers can be found here:
http://stockcharts.com/def/servlet/SC.scan

Q: On June 27, in response to Kolbi's question on the marijuana industry, 5i said, "If you are not smoking now you are not likely to become a pothead in October."

Respectfully, I wish to offer an alternative view. I'm 69, and haven't smoked pot since the 70s as I don't want to deal with people in drug culture. However I'm looking forward to buying some pot among the scores of varieties that will be available. I think it will enhance other enjoyments. I was talking to my girlfriend about smoking dope and I felt like I was 20 again. If this is how I'm thinking, I'm willing to bet that many of my generation, as well as those younger and older, will also take advantage of a marijuana industry that is legal, open, and staffed by knowledgeable people.

So yeah, I'm totally looking forward to becoming a pothead in October.

Q: I would appreciate an updated opinion on Mosaic Capital for a medium- to long-term hold.
Thanks!

Q: I'm thinking the sell off of these two stocks is overdone due primarily to all the uncertainty around trade and tariffs.
For a longer term hold (3-5 years) would consider this to be a good time to step in (perhaps a half position) or should I wait for these matters to be clarified/resolved?
Thanks, Rick