Q: Hey guys! I have been watching New Gold for some time now, waiting to buy on a dip. With their bad news today, the stock is down 25%. Would you view this as a good entry point for a 3-5 year hold, or would you hold off until they turn things around?
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Do you have any insights into the likelihood of Hunter Harrison taking over at CSX? Could you assign a probability to it? Is it something that could take more than a year to happen? Are there reasons to think it won't happen?
Q: On January 27th, I receive a notice from TD Direct Investing dated from January 16th. In that notice, I was proposed to choose between two options: option 1 to transfer my Intertain stocks to Intertain Exchange (ITX) or option 2 (default) to transfer my IT stocks to JackPotJoy (JPJ) on the London Stock Exchange (LSE).
I called TD on the day I received the notice. After arguing with the clerk and his coordinator, they said that the delay was expired to choose any other option than the default and that TD was not responsible for the 10 days' delay. It was either Canada Post's or the transfer agent's fault. At some point, the clerk said that I was not the first client to complain.
The alternative given is to trade the JPJ stocks after they will appear on my account and TD would wave the commission.
Please give me your opinion on this situation, what are the possible consequences and what can be done.
I think that
- Canada Post is the usual suspect in any delay but 10 days is too much and TD and the transfer agent should take some blame in the matter.
- The default option to transfer Canadian securities to a foreign exchange is borderline incompetent decision.
- What if there is an impact of the FX from GBP to CAD with the sale of JPJ stocks on the LSE.
- Is there anything that can be done or compensation that I can claim in that situation?
I started a blog on 5iR on this subject, because there could be a class action case, in my opinion.
Thank you for your support in that matter.
I called TD on the day I received the notice. After arguing with the clerk and his coordinator, they said that the delay was expired to choose any other option than the default and that TD was not responsible for the 10 days' delay. It was either Canada Post's or the transfer agent's fault. At some point, the clerk said that I was not the first client to complain.
The alternative given is to trade the JPJ stocks after they will appear on my account and TD would wave the commission.
Please give me your opinion on this situation, what are the possible consequences and what can be done.
I think that
- Canada Post is the usual suspect in any delay but 10 days is too much and TD and the transfer agent should take some blame in the matter.
- The default option to transfer Canadian securities to a foreign exchange is borderline incompetent decision.
- What if there is an impact of the FX from GBP to CAD with the sale of JPJ stocks on the LSE.
- Is there anything that can be done or compensation that I can claim in that situation?
I started a blog on 5iR on this subject, because there could be a class action case, in my opinion.
Thank you for your support in that matter.
Q: Will putting this ETF in my TFSA trigger a US withholding tax? My feeling is that this tax only applies to dividends and seeing that his ETF is a small cap one, would the dividends be negligible? Tnx
Q: Could you please assess the Frontline offer for DHT and explain the rights offering component of the deal Thanx Robbie
Q: Middlefield is proposing to make Aeu.un a mutual fund company. Is it best to sell now or to go with the change?
Q: Big hit on New Gold the morning. Any reason why? Gold and gold producers are up buy New Gold is down significantly.
Thanks
Thanks
Q: Based on your previous answers you seem to have a luke-warm response to Visa as a stock and appear to favor U.S. banks for example over Visa. Can you expand on that preference and what your thoughts are on Visa alone. Folding Visa Europe into the company seems to offer a lot of potential. Do you think the risk of different payment alternatives becoming available puts Visa at too much risk given its relatively expensive multiple. Thanks for your input.
Q: Jan 30/17 ? asked by pascal re US research:
Many of the Valueline services are available
online from the Toronto Public library and other libraries. A library card is required.
Many of the Valueline services are available
online from the Toronto Public library and other libraries. A library card is required.
Q: What are your thoughts on The Cheesecake Factory. Great Service and Location in prime areas and entrances to the most popular malls. Everyone I know who visits the United States always says they have to eat there. Last year stock went up 25%. Any thoughts of buying at this level. Thanks.
Q: Hi There. Could you give me your thoughts on BHP Billiton. With Trumps insistent on Keystone pipeline being built by U.S. steel would you be a buyer at this time?
Thx/Rob
Thx/Rob
Q: What is your incite on what is happening to MPV diamonds. Is it worth keeping ? Do you think shorts are driving down the price ? Do you think a dividend is in sight this yr, ?
Q: Lately there’s been a profusion of articles warning about the deeply negative effect Trump’s policies might have on Canada, with respect to trade agreements, taxes on imports, foreign investment shifting from Canada to the USA, etc. To the extent an investor should be influenced by this new outlook, I was wondering if you could list the sectors and associated companies in Canada which you think would be hurt the most if the dire warnings come true, and which ones would be the most resilient. Also, are there any particular foreign investments Canadians should be considering at this time? Let’s assume a time horizon of at least four, and possibly eight, years. Thanks for your insights.
Q: I'm thinking of taking a position in "water mgt" i.e. pipeline infrastructure, pumps, filtration etc. Is this a good idea? if so, what would you recommend? ETF or what specific companies, I do have separate US$ acct. thanks.
Q: Hello!
I am mirroring your model portfolios and I currently have 50% of my holdings invested in Balanced, 25% Income and 10% Growth. I also have 10% of my portfolio equally split between VEF and VSP.
I have the opportunity to increase my holdings by about 30% and I'd appreciate your help in deploying those additional dollars.
Should I allocate across the board based on the same percentages? Should I up my percentage in VEF/VSP? Or is there something other investment(s) you would recommend?
I foresee a 6-8 year horizon before needing to draw down on any of these investments.
Thank you for all that you do. I really appreciate all your effort.
Best regards
M
I am mirroring your model portfolios and I currently have 50% of my holdings invested in Balanced, 25% Income and 10% Growth. I also have 10% of my portfolio equally split between VEF and VSP.
I have the opportunity to increase my holdings by about 30% and I'd appreciate your help in deploying those additional dollars.
Should I allocate across the board based on the same percentages? Should I up my percentage in VEF/VSP? Or is there something other investment(s) you would recommend?
I foresee a 6-8 year horizon before needing to draw down on any of these investments.
Thank you for all that you do. I really appreciate all your effort.
Best regards
M
Q: Hello Peter and Co.:
I have never had any kind precious metals in my portfolio but I'm thinking with the way things are going and possibly inflation coming around in the next few years it might not be a bad idea to have some. I recently became aware of a company called Goldmoney. Is that a good way to hold gold? I really don't know anything about all of this so am looking for your advice and opinion. cheers
I have never had any kind precious metals in my portfolio but I'm thinking with the way things are going and possibly inflation coming around in the next few years it might not be a bad idea to have some. I recently became aware of a company called Goldmoney. Is that a good way to hold gold? I really don't know anything about all of this so am looking for your advice and opinion. cheers
Q: I need to increase my energy holdings and my fixed income. I consider preferrds for fixed income as long as the company is stable. You said you like Birchcliff but what do you think of the preferreds? Seems like a good deal at almost 8% dividend.
Thanks
Thanks
Q: What is your opinion on DIV? Is the dividend safe?
Q: Any comment on CZN at 27 cents.Bob
Q: Zinc What is best way to play Zinc ? What Companies are the most leveraged to Zinc ? Which do you recommend. Thanks guys. Bob