Investment Q&A

Q: Hello- I found this article interesting and concerning:
http://www.theglobeandmail.com/globe-investor/inside-the-market/big-yields-in-banks-preferred-share-offerings-raise-questions/article27653310/?cmpid=rss1
In your opinion, what does this say about the banks' need to raise capital, and about their long term view of interest rates and the economy here in Canada? Should we be nervous?

Q: Would you please comment on Dollarama's earnings release issued this morning? Thank you for your wonderful service. Peter

Q: Hello Peter and Team,

My direct Energy exposure is down to 2.5%. The only 2 that I have now are TOU and RMP. What are their survivability? Do you recommend I replace them for anything else? And what other company would you recommend for the other another 2.5% of my portfolio or would you recommend topping up my existing 2? Thank you,

Wes.

Q: Comparing CU, EMA and FTS three Canadian Electric Utilities over a 1 year period shows CU is down almost 25%, FTS down 6% and EMA up 6.5% (not counting dividends but EMA leads here as well). Can you explain why CU is under performing by such a wide margin. They do have 2 coal fired generating stations in Alberta. Which of there three would you buy here for a long term hold and why?
Appreciate your insight as usual.
Steve

Q: Hi Team, Thanks for the super fast response on my LB question. In closing you say: "We would not see it as an must-own name." I am wondering if you could please expand on that comment. My information shows this stock is a dividend "aristocrat" and LB's stock price performance has exceeded that of the major banks YTD and over the last 1 year. Over the last five years it is a middle of the pack performer. Any further thoughts would be appreciated.
Thanks again, Michael

Q: Hi Team, Can you please let me know what you think about LB's just-announced Treasury Offering of Common Shares via Bought Deal at $52.00. Do you know why they are raising the money and why the shares are being offered below the current market value of $53.89? Is this a positive step for the company and/or shareholders?
Thank you, Michael

Q: I am doing some bottom feeding for income - but am wary of being burned!


so, could you shed some light on the relationship between Enbridge ENB and Enbridge Energy Partners EEQ. I know you are positive on ENB. Would that therefore apply to EEQ as well - or are they different entities?
EEQ of course has been pummelled like most other energy names, and now shows a yield of 11%. So is EEQ buyable here or too good to be true?

Thanks for your help.

Q: can I get your opinion on starting a position in timbercreek (TMC)? although it has been on a LT steady decline, I'm interested in TMC for income and is currently yielding 9.6%, or should I avoid it due to housing market risks not fully priced in? thanks again...JOhn

Q: Your opinion on its results on Dec 10.A real estate & retail business in US & Europe besides Canada, so what is the Euro impact?.I assume US$ will have a positive effect.Is this an entry point for a small position.Appreciate your usual great services & views

Q: Is there a bank etf that covers the big banks that you would recommend for kids that may not have enough yet to invest in a single bank stock, or would you recommend a specific bank stock instead just to eliminate fees? Thanks again. John

Q: Can you please rank these stocks based on long term prospects taking into account current prices : Pembina, enb, ala, interline, trp. I already own fortis, brookfield renew and emera.
Can you please also advise which ones of the first 5 are more energy vs power and if i should just add instead to my current positions. Thank you.

Q: I have cash available to invest. I take it i5R prefers to buy positions when the market is rising. Looking into your crystal ball, what do you forecast as a good time to purchase equities? And what sectors, sub-sectors would you prefer for a two - three year period?……Thanks

Q: Could you please comment on this company. It is hitting 52 week low today. Is it hold, sell or buy more?
Thanks

Q: I have been considering buying ZWB and naturally prefer to buy when on sale. In light of the drop in bank prices, including this ETF, is this a particularly good or bad time to invest in ZWB for long-term investors seeking income? Thank you.

Q: should we submit to get new series at .7136 of a 25 par value.to think we would be redeemed at $25 was a pipe dream. thanks for the great service.what would the floating rate be today,on a different preferred. thanks brian

Q: Hey Guys I'm looking at a couple of the asset managers that look rather interesting. Sprott closing at $1.97 with a yield of 6%, is the dividend sustainable? I know you can't say much about the company but looks like an interesting long term entry point for patient investors. Also Aston Hill closing at $0.285 with a yield of 7%. I know both names are higher risk but both look very interesting from a long term perspective. Both run by smart individuals , I think:)

Q: Could I please have your insight on these two listings. The differences and your preference if possible. Also do I have the right train of thought in my desire to purchase one or the other at todays prices in terms of outlook for the next number of years? It seems to be safe (within the parameters of a stock) I believe it has size and safety and cash? I do not mind risk but I do not always embrace it. I have 20+forseeable years to go before I need to draw on the account. This money is coming from maturing GIC's and I just can't seem to bring myself to rollover into the same product. I also like Microsoft, or if there is anything else you suggest I can look into.
PS Thank you for all that you do. You are like having a friend that you go to that knows what they are talking about.

Q: Peter wrote an article very recently that discussed a covered call strategy using US company's. He mentioned that there were 10 companies that he liked although he only provided 5 names for the article. Could you pleases provide a complete list of the 10 US listed companies he likes for the covered call strategy. Thanks.

Q: When the market was doing well, all the analysts were positive on the future of stocks. Now that there have been some stumbles, the bears seem to be coming out of the woods. They say that quantitative easing and a zero interest rate policy has created a stock market bubble by forcing yield investors to switch from bonds to dividend paying stocks. I even heard one analyst on BNN say that this feels like the tech bubble of the late 1990's. I don't really feel that multiples are stretched. Although some high yielding dividend stocks are trading at higher multiples than 10 years ago when interest rates were "normal" and some high growth stocks are trading at rich multiples, overall the market does not seem over valued. Of course, if we see double digit inflation and much higher interest rates, then I would expect a significant pullback. Otherwise, the market feels like it has room to grow. I would appreciate your thoughts.
Thanks,

Q: Hi Peter.
RE: TNC and SIS, TMX and Venture Exchange websites classify both companies in the INDUSTRIALS Sector.
Is that your classification too? If not, what Sectors do you assign to them?
Thanks
sarah