We are long term holders of Chemtrade Logistics (CHE-UN.TO) Recently they announced a public offering of $110 million @ 5.25% convertible unsecured subordinated debentures. How would we participate in this offering? What would your advice be for someone to get the 5.25%. This is in a registered account. Marc
Q: I would like your opinion on SCR-TSXV (The Score Inc) and SPY -TSXV(Sprylogics International Corp.). Would you consider them strong buys (long-term hold)?
Q: Could you please advise as to Enghouse's (ESL) eps and revenues anticipated in its quarterly earnings to be released after the market closes today? Thank you. Peter
Q: Hi Peter: The TSX and others offer subscribers what is called a level 2 view of what order volumes are for a given stock both on the buy side and the sell side at specific prices. My question is if someone was to place a stop loss order does this show up on the level 2 feature. If someone was to be able to see stop loss orders on such a service they could manipulate the stock price lower then snap up the stop loss stocks at market prices. Is this a possibility?
Q: You recommended some folks Collector's Universe (CLCT). Can you elaborate on what you think is interesting and do you think it's worth investing after the current run-up?
Q: Regarding Dollarama (DOL). I generally like to let my winners run, especially if they are still trading at attractive valuations and I have had a good run with Dollarama however its now trading at 22x 2015 earnings estimates and 19x next fiscal year's earnings estimates.
Do you think its being too cute selling on any additional move up hoping for a pullback close to the $90 level?
I figure yesterday's move in the share price had everything to do with Icahn taking a position in Family Dollar and a bit of last weeks, move was based on the report that Dollarama would make a good fit for one of the dollar stores in the States.
Q: After a nice run up I am thinking of replacing Painted Pony (PPY)in one of my accounts with a strong long term grower and dividend payer. I will still keep it in one of my other accounts. Could you please provide your opinion on Whitecap, Altagas, Peyto, and ??? as a replacement.
I want to mention that your continued advice to others, which I interpret as doing less trading, has been very valuable to me.Thank you.
Q: hello 5i:
waiting for a slight pullback in energy stocks, and wondering which of these 3 you would favour (at current levels): DTX, RRX, WCP, and why.
thanks as always for a tremendous service
Can you please comment on Magna's success in landing the AWD system for Mercedes GLA and CLA models? This seems like a a nice win and the market seems to agree. I think this adds some good company diversification to Magna as well.
In my spousal RRSP I have recently added DHX.TO,BEP-UN.TO and SJ.TO. I was looking for a fourth to add and was thinking either A&W or Tim Hortons. Which would you recommend or is there some other holding I should consider.
Q: In response to an earlier question on Boyd, which I hold, you stated ," BYD is starting to look pricey but is actually cheap on a historical basis..." What particular measures are you using to make this judgement as it seems trailing PE is about 28X and Book about $5? My charts only go back to 2003 but I note it traded under $4 a share for 4 of those years so it's come a very long way to here. Thanks, J.
Q: Greetings: My question is concerning 3 stocks: Element EFN, Fiera FSZ, and Tricon TCN. I have owned these stocks for over a year, and they have done almost nothing. I bought them because I understood them to be "growth names." But in retrospect, which I know is always clear, I would have seen more growth in non-growth names: BNS or HCG, or even KBL or WPK!. Also, I note that you say the following about Element: "We think it is a stock that needs to be given five years. We think the company, despite all of its recent activity, is only getting started."
OK, here's my question, I know, finally. My opportunity cost has been huge on these names. Should I just be patient (hopefully not for another 5 years) or exit now, after which I know all three will immediately shoot up, and then enter when they have "matured" a bit. I had expected steady growth. Or should I simply hang on and change my expectations. With new money I am buying names like First Service and Auto Canada and Boyd and seeing way more growth.
Thank you once again for service that I still can't believe exists. Cheers