Investment Q&A

Q: I have come to the conclusion that after all my years of investing, I really don't understand the dynamics of the market. I cannot figure out the huge daily gyrations up $2.00 down $2.00 etc on the same day. Years ago without all the technology we now have things did not move that fast. I guess it is a sign of the times which is difficult to decipher what something is actually worth. On another note could the world survive without a stock market?

Q: Hi Peter, my pm portfolio consists mainly of streaming/royalty companies as well as Mandalay MND. If you had to pick one other gold/silver miner besides MND, which stock would it be ??
I'm looking for excellent management (similar to Mandalay) where the market cap is less than $300MM. The stock does not necessarily have to be a producer.

Q: Any idea why RCMP and Autorité des Marchés Financiers raided Amaya and others today? Is there any indication if related to insider trading prior to Related acquisition or related to Amaya's business practices?

Q: Hi Peter
Could you shed any light on the recent raids by the RCMP on Amaya and CF and what you expect the impact to be.
Thanks as always.

Q: Hi folks,
I'm asking you to think about a bottom in oil and how this will all play out. If you put aside the gripping fear for a moment around the oil "crash", calmer heads suggest these sort of events have happened before in history many times and we have a good idea how it plays out. Peter called it by saying dividend cuts and reigning in cap ex would occur. Where do we go from here? Insolvencies? Do you think when Buffet throws one of these oil majors a hefty lifeline that were close to a bottom? Remember when he bailed out GE at $3/sh or did the same to GS at $75 share. Thanks for your thoughts.

Q: My portfolio is 37% in HCG due to rising prices since I bought it in 2001 and I have never sold any. I have been meaning to trim it, but I am reluctant to trim when it is falling in price so quickly. I would apreciate your advice. And I really appreciate your service.

Thanks,
Hans

Q: Good Afternoon
Will the following two securities be fine for tax-loss/rebuying purposes?

ta.pr.j and ta.pr.h

Thanks

Q: i held health lease HLP.un, and was thinking of adding extendicare with the funds from the HLP buyout (I also hold leisure world). Extendicare has now dropped somewhat, making it even more attractive, but - do you see it going lower if rates should actually increase, how stable is the dividend and how dependent is exe on government funding? This would be held for income.

Thanks

Q: Hi guys, your thoughts on the price of gold for a 3 to 5 year timeline. A few so call experts are calling for a $ 5000.00 + / ounce.
Thanks

Jim

Q: Hi Peter
I suspect I have been overweight in oil/gas and have lost more "paper equity" as it has been dropping though I prefer to think I have still spent it on "good companies".
When you say 10-15% energy weighting and that TSX is 21% or 25% do you include
a)PIPELINES like ALA,ENB,IPL,KEY,PPL,TRP
b)SERVICES COMPANIES LIKE BDI,CFW,FRC,HWO,PHX,PD,SVY
c)OIL BASED OTHERS LIKE BAD,MTL,PRW,QST
Thanks for all you do
Dennis

Q: Hello team, DHX is not reacting too well to today's news....they announced additional Teletubbies licensing deals. It has had a big run this year. Maybe it's just some people booking profits (?). What are your thoughts please.

Thank you!

Q: Hello Peter and team. I currently own TVA.B. Yes I know! Look at it this way: we all make mistakes. Part of the learning process. At any rate, I see today that Moses Znaimer is possibly interested in purchasing the Sun News Network from Quebecor. It is my understanding that Quebecor's subsidiary TVA.B owns 51%. If this deal ever materialises is there any possible upside for TVA.B. The corporate structure is so complicated that what I think is real may not be.
Cheers

Q: Kevin O'Leary was on BNN and said he hopes oil goes to $35 a barrel. He mentioned that we should instead be investing in the S&P 500 like he has. Now he says a lot of junior oil and gas companies are going to go bankrupt. Why would a Canadian, and a owner of a fund company add fuel to the fire of panic. Do they have alterior motives to help drive the price of oil and gas stocks down?. Are they shorting? CNQ chairman Murray Edwards said that he predicts oil will drop to $30.00 a barrel before it rises again. Why don't they just keep quiet rather than add to the panic selling? What is in it for them to say these things which are only their opinions.

Q: Stantec recently had a 2 for 1 stock split that is currently reflected on the stock market but 5i files are still showing the pre-split price. Does your system not update stock prices of stocks you provide a profile and rating(A)on when there are material changes in a stock?

Q: Could I have your opinion on Nuinsco Res.

Thanks

Q: Hi Guys
In a related question to my last one would you suggest Callidus Capital or Currency Exchange as a buy with growth as a consideration at todays levels. I would like to enter either position slowly over the next few months,year. Also if you could answer why the choice or do I add both?
Thanks

Q: Thanks for a great service...I hold both wcp and bdi and a little sgy...my energy holdings are 3.5% of my portfolio ...my question is with wcp and bdi down approx. the same would a sell of bdi and a buy in wcp make any sense as the producers will probably go up quicker than the service related stocks.

Q: When an oil company announced a reduction in capital expenditures for the coming year, how quickly does that reduction get put into effect? Do they actually start reducing spending immediately or is just an indication of where they think they will be going? I am wondering if the announcements coming out of the oil patch are as much for PR purposes to calm investors or if they are real. I ask from the point of view as to how these announcements should be viewed as they affect oil service companies like BDI, BAD etc

Thanks.

Paul F

Q: Hello team,

Bad, bdi,byd.un, cgx, esl, lnr, sj, slf, stn are the holdings in my child RESP and would not be needed in the next 3 years (grade 9). We have accumulated enough contribution for a new position, would you suggest buying another new position, adding to the current down ones (equal weighting) or getting an ETF for diversification?
If you suggest a new position or an ETF, could you suggest one or two of each to pick from?

Thanks for the great service.

BK

BK

Q: This is just an information post relating to the concerns about the oil glut. I found the attached post useful and informative. Like 5i I find Jeff Miller to be a voice of reason in times of tumult. As he notes, when consumption is 92.5 million barrels a day how significant is a "glut" of a few billion barrels. Next year consumption is projected to grow by almost 700k bbls/day and that's based on $100 a barrel. At todays prices will consumption increase. Will production drop.Are all geo-political risks off the table.
5i has has identified some excellent companies in the energy sector, some might appeal to a contrarian investor.
Just some thoughts as Christmas music plays on the radio and snow blankets the trees in the back yard.
Happy investing
Mike

http://dashofinsight.com/crucial-facts-energy/