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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: re:AYA

Wiping my tears so I can type and, I am sure you are tired of hearing about this company.

My position is small ($1,000 & less than 1%) but I am a little tired of watching this precipitous fall.

On Saturday a 5i member commented

"there is a zone of resistance between about $5.75 to $6.13. It touched $6.11 in intra-day trading on March 31st but closed at $6.30. If prices close within, or more seriously, the resistance zone, watch out."

I'm close to jumping ship but would like to hear your thoughts on the aforementioned comment and maybe provide some explanation as to what exactly he is saying. If it gets to $5.75 it will drop to a dollar?

Thanks You Peter & Family

Gord
Read Answer Asked by Gord on April 14, 2014
Q: Questrade
Dear Gentlemen,
Not a question, only information, to follow Mr Jeff
"A reason to NOT use ....Questrade"
As Jeff, I have almost same problem with Questrade, tax slips (T5,T3) are all mixed, some revised or modified (?) 2 times, some 3 times, I was lost with all these changes, even the Kind Questrade agent who try to help was mixed up too. we spend 46 minutes on phone together to try to setup Questrade mix up.
I am still waiting for another to be corrected T5
Also the tax receipt for MY Resp contribution to wife account was on her name !
Except agent Mr MB, the customer service is terrible.
After the tax season I will transfer all accounts to another broker.
Best Regards
Read Answer Asked by Djamel on April 14, 2014
Q: Hi Guys,

This is a couple of questions about Amaya (AYA)

Why is your report so out of date (Sept 2012) for such a growing company?

Why does your opinion differ so much from the market on this company? It is down 25% from the beginning of the year. Obviously the market does not like this company. Is the growth really there? Please provide more than "it's a good company" answer.

Regards
John

Read Answer Asked by John on April 14, 2014
Q: Good Day, for those who are wondering why ANY.v is tanking, this came out today.

http://seekingalpha.com/article/2140303-sphere-3d-investors-falling-for-the-same-old-tricks-fair-value-is-zero

Read Answer Asked by Gerald on April 14, 2014
Q: ANY Sphere 3D: Can you help me to understand or identify what I missed in reading today's news release? It looks very positive in terms of achievements and they are also applying for a Nasdaq listing and the stock promptly drops 10%. I am tempted to significantly add to my position - but want to make sure there is water in the pool - and no sharks in waiting - before I jump in.
Always a constructive learning experience. Thank you.
Read Answer Asked by Donald on April 14, 2014
Q: Hello Peter,
I sent in a question a couple of weeks ago but didn’t receive a reply… so here goes again:

I was a bit surprised by some of your stock selections for the Income Portfolio, and also by some of the exclusions.

Loblaw, for example (a low margin business with big competition, small yield and only recent dividend increases) made the portfolio while companies in a somewhat similar space like THI, PBH, NWC, HLF, CSW, ADW, BPF (having generally higher yields/better 5 year dividend growth) did not. Can you explain why Loblaw?

If I follow your advice, is there a particular company in the names I mentioned that you feel would be best switched-out to acquire L?
Thank you very much,
Paul
Read Answer Asked by P on April 14, 2014
Q: Hello
I'd like to ask about Medical Facilities Corp. I've owned it for over a year. Todays open gaped down hard. There is twice the daily volume and it's not even lunch time! No news as far as I can see. Is this an omen to take fat profits?...thoughts?
Read Answer Asked by nicholas on April 14, 2014
Q: XSR
Hi Peter
I am asking about Sirius XM . What do you think of this company . Is it a buy at these levels for growth .
Candi
Read Answer Asked by Candi on April 14, 2014
Q: A reason to NOT use Virtual Brokers: When I complained that they had posted 18 T5 slips for my account as opposed to the one T5 in prior years, I got this response-

"Virtual Brokers has changed its carrying broker and, as a result, has become responsible for all administrative tasks including the issuance of tax statements. For this reason you may have noticed a difference in the presentation of tax statements this year as compared to prior periods.
We have posted a T5 for each individual holding which produced income throughout the 2013 tax year per the regulations imposed by CRA."

And to finally imply that it's all CRA's fault and out of their hands! TD and Scotia had no trouble summarizing all dividends into one T5 for me. So easy to blame CRA these days!

Publish only if you feel this is instructive. J.



Read Answer Asked by Jeff on April 14, 2014
Q: Do you think the bulk of the correction in the general market is over or does it still seem to have more downside to do?

Thanks
Read Answer Asked by Behrouz on April 14, 2014
Q: Peter and Team
I totally revamped this TFSA in January according to your group' sure commendations, but did hold back on what is now 7% cash, of the portfolio and am ready to invest that.. I currently hold 17% in REITS, 13% in BCE , 13 in ZWB, 11% in BAD, the remainder , evenly spread, in CDZ, XIU and XCS.
What would you recommend that would provide substantial growth prospects and would it make sense to add a Canadian company with good foreign exposure?
In other accounts I own SGY, SYZ, SLF,, AVO, and ESL.
Thanks for your consideration. I have been pleased with the January changes made to this TFSA.
Ruth Ann
Read Answer Asked by Ruth Ann on April 14, 2014
Q: Hi, I would like your views on Centerra Gold generally and in terms of value. Also, do you think the dividend is relatively safe? I am looking for a small exposure to the gold sector. Would you have another name that you would recomend instead, which pays a dividend. Thanks for your input.
Read Answer Asked by Bernard on April 14, 2014
Q: AUP seems to be holding up well in difficult market. There was also some insider purchases. Would you be more constructive on this small company compared to your November comment.

Thank you for your great service, Peter
Read Answer Asked by Peter on April 14, 2014
Q: Greeting Peter & Co.
While I am currently a little nervous about the stock market I don't want to miss buying opportunities for quality stocks. I am considering adding to my very small position in Sun Life Financial, my only financial holding. Also, I am considering increasing my exposure to Canadian financials by initiating a new position in TD Bank.
I would appreciate you thoughts on these two potential purchases.
With appreciation,
Ed
Read Answer Asked by Ed on April 14, 2014
Q: Hi, Gibson Energy(GEI)appears to be getting favourable comments from analysts and BNN guests, as a unique mid stream energy infrastructure co. benefitting from several business segments. Recent quarter was good and management guided for a strong 2014, besides a 9% dividend increase. I noted that you consider Gibson expensive and good for income only. I am considering increasing my position for income and growth. I would appreciate your comments.Thanks
Read Answer Asked by rajeev on April 14, 2014
Q: Re NA palladium. The price has tanked because of poor results recent financing and dilution of stock. However I have read that because of recent Russia. Ukraine problems the demand for production here and anticipated commodity price increase this could be an attractive speculation. Your comment?
Stock symbol pal. ( seems to show as pdl in some places)
Read Answer Asked by G Robert on April 14, 2014
Q: The other day you recommended AYA, SJ, BDI, SLF, CSU, MDA, ENB, ESL, FSV, BNS for a TFSA . We have an 35K low risk RESP for our 16 YO son but it hasn't really gone anywhere ... ( We finally ridded the account of its mutual funds , actually LOSING money in 2013 when everyone else was making 30% ). This is a big investment for us and we would like it to grow . Should we be following your TFSA model for the RESP ?. Thanks .
Read Answer Asked by Thomas on April 14, 2014