Q: I have small positions (less than 0.5% each) in WEF and CCO, both at losses (20% down on WEF, 62% down on CCO). I am debating whether I cut my losses on each and consolidate this freed capital into increasing my position in CAE (currently at 0.5%: making this move would increase my position to about 1.2%).
In defence of WEF, I know that this is a cyclical company, and with the prospect of more construction in the US (I believe there have been some rumblings about increasing house construction in the US), I am aware that WEF could improve over the next 6-12 months. Also, it pays a 4% dividend to wait, so that would be another case to keep it. As for CCO, I am not aware of any tail winds for uranium in general, but I don't think CCO will head much lower than it already has.
On the other side of the argument, I am aware that hanging onto losing positions in the hopes that they improve is not a successful strategy. I believe that CAE is a company worth investing in, and I do plan to increase my position in it, either by adding capital to my investing account (which I will have to wait on until extra capital becomes available to me for investing), or redeploying my existing investment capital.
My question is whether I act now by selling these companies, or whether I hang onto them and wait until I accrue additional free cash to increase my CAE position. I am unwilling to sell my other positions in my account at this time. Thanks so much for your time, and I await your reply.
Q: I got into CRH after reading your comments on it (and other reports on the website), and added more before the earnings report, so kudos to you. Now that the stock has moved up so much, however, I am trying to figure out how one can tell if it has moved up too much, too fast. My question, then, is how do you tell when it is overvalued?
I know this is a difficult question for a stock that is small, with high growth, and depends on acquisitions, but nonetheless, one has to make decisions and I am struggling with it. I only have a half position in this, so its not a huge risk for me, and I love to watch the daily moves and growth in cash flow.......but I don't want to be married to any stock beyond all reason. Your thoughts would be appreciated.
Q: Based on the Trump win, I would like to buy gold. Currently I hold no gold and am looking for a 5% position in one or two companies to hold for the next few months or longer. Please make a couple of gold company suggestions.
Q: Hi Peter the valuation on pbh is getting very lofty .I would like to test a thought of selling half and retaking a position in DH at the $14.5 mark .What your thinking on this move?
Kind Regards
Stan
Q: I know you are not fans of NHC, and either am I now ;) But it looked like they were starting to make some better decisions and I could possibly get out of this stock with a smaller loss. However they release their financials and the stock tanks again. Do you think this drop is over exaggerated or justified? Should I cut my losses and run!
Q: Peter and Team, Considering adding to a full position in Stella-Jones, on today's pullback. This would be for a 3+ year hold. Your thoughts appreciated.
Q: Good Morning
Last summer Vanguard issued the above four Factor ETF's. The funds are still small; but have attractive MER's. I have very little non Canadian equities. Would you suggest any of the above four at this time? They would account for about 5% of the portfolio.
If not the above what would you recommend?
Q: I am another grieving DH shareholder trying to decide a course of action.I expect that DH will be dead money for some time.At the present time LNR and MG have performed well on various metrics and are trading at low P/E ratios.What is your opinion on selling DH and buying MG or LNR at this time? DH is held in my RRSP. Thanks. Joe
Q: When the date of record for a dividend falls on a weekend or holiday is the actual date of record the next trading day or is it the last trading day before the date of record?
Q: What are the risks for Concordia in the next 12 to 18 months time frame. I saw in the news release that they had available cash of $463 Million. Did they pay down any debt recently. They generated $160M cash this time around. Is there any possibility someone takes them over as they are now trading at almost nothing. Could they declare bankruptcy at this juncture. If they keep generating $100M plus in cashflow every quarter, then why would the EPS be relevant.