Investment Q&A

Q: Hello Peter,
INTER PIPELINE FUND PTSHP - IPL.UN is now 1.3% of my portfolio. I have done very well in the stock (up 38%)& I am looking to add to my holding. ( I enjoy good dividends & some growth)
It does however look very high at the moment. Do you see it as a buy, hold, or take profit ?
Thanks very much in anticipation.

Q: Hi Peter,
I was fortunate enough earlier this year to buy Africa Oil (AOI)for $1.50/share. It currently sits at $9 as a result of hitting oil in their first well drilled in Kenya. They have a massive land position in East Africa and looks like they may have several billion barrels of oil. Very strong management team and a Lundin Group of Companies. We are awaiting a third party reserve evaluation any day now and they will also be spudding well # 2 soon in Kenya. Any thoughts/opinions would be greatly apprecaited.
Thanks.

Q: SSL SANDSTORM GOLD LTD, have wanted to buy for a long time. Is to expensive and do you see up side ?
thanks
yossi

Q: Peter, I'm interested in Altria Group (MO). I've had a nice run (35%). Do you see any problems on the horizon?
Thanks
Kyle

Q: what is your opinion on am automodular

Q: hi peter, a hypothetical question for you . Alot of dividend yielding stocks have similar looking charts with there valuations going up and up .I am wondering if and when interest rates go up , is there any stocks one should be looking at that could benefit from a down turn in dividend yielding equities ? thanx for your time.

Q: Dear Sirs,
Could you please comment on how, in your opinion, recently announced spin-off of 86 light industrial properties to Dundee Industrial REIT (IPO to follow) will influence the price of Dundee REIT (D-UN.TO).
Thank you,
Mike

Q: Hi Peter,

I have to admit this fact first. What's making 5i research more popular is this QA session which covers your brief opinion on a wide array of companies compared to the actual company analysis. So hats off to that and the amount of knowledge and insight offered by these comments would definitely be helping a lot of people invest in good companies and avoid bad ones.

My question for today is about timing. Generally perceived notion is to stay invested for the long run for many years. But in today's market it might end you up where you started or much lower. Let's take an example. I invested in MMT at $1 at $1.40 and $1.66. If I exit now I would be making a good return after inclusion of dividends. On the other hand I invested in TOL at $3.75 and then at $2.19 and it went down to $1.40 and I am still holding on to my shares where I am now thinking of selling the latter position even though it might go much higher or go back to $1.40. How should one behave in these two different circumstances and when should one draw a line for profits or losses if the future direction is not very clear and the opportunity cost of investing elsewhere or staying invested might be huge. ( Another good example could be AVR which at one point was $2.50 and now languishing at $0.67)

Thanks

Q: PRI Primary Energy has just reinstated a dividend. I have always liked the company and bought in the dark times. It throws off a good deal of cash and is low on debt. What do you think of it?

Q: I have reviewed the financials for Constellation Software (CSU) and it strikes me as a attractive investment for both yield and growth. As it is outside the space I usually invest in I wonder if you have any thoughts on this company?

Q: hi peter; iam thinking about buying a bond enf enbridge income fund.do they have any conection to enb the pipeline co. what do you think of enf. thanks brian

Q: Peter FFN,FTN can they come back to their historical highs?? Good distribution,recomendations??

Q: Peter...your thoughts on Sirius/XM radio (SIRI-NASDAQ)...

Q: Hi Peter,

I noticed that Benedict Cheng, Esq. recently sold a substantial amount of Aston Hill Financial Inc. and Green Lily Corporation purchase a similar amount. I wonder if Benedict, through Green Lily Corporation, still is The Beneficial Owner of nearly the same amount of Aston Hill Financial Inc. please?

Respectfully,

Dave (Nicholson)

Q: Hi Peter, Avf has been hitting new low today, price has been cut in half since april after posting 14.7M loss in 2ndQ,Do you have any insights what's going on? Is the 16% dividend yield sustainable. Thank-you Have a good day.

Q: Could you please compare Carfinco (CFN) with Chesswood (CHW), in particular their comparative risk levels, debt levels, and payout levels. Would you recommend one over the other? Thanks very much for your comments.

Q: Hi Peter; I find 5i to be a refreshing change from all of the other research that is avaliable to us retail investors. I have some U.S. cash available in my RRSP and was looking at buying BIP.UN and BCE on the NYSE for my account. Would you know if there are any negative withholding tax implications to receiving Canadian company dividends and distributions from companies that trade on a U.S. exchange. Many thanks

Q: Could I get your opinion on the latest quarter report on imris. I was not all that impressed but the stock has actually done ok.

Q: Hey guys. Was thinking of shaving positions off of several reits I’ve ridden from when they were yielding in the high 6%, 7%, and 8% to now when they are “only” yielding in the low 5% range or slightly under for new shareholders (ie pmz.un, kmp – I guess kmp is not really a reit but anyway…).

Was thinking of substituting those names for other high yielding vehicles like weq.un, fc, bpf.un, eif (hopefully on pullbacks). With these moves I’m hoping to increase my monthly dividend income a little and pocket the difference waiting for any possible market correction. What do you think? Totally horrible idea? I dont expect comments on each of these names, just a general sense if its a decent strategy.

Q: Hi Peter, I really appreciated your thoughtful response to my July 27 question on Student Transportation (STB). Please comment on the significance of (1) STB's share price pattern since the short-seller's report was released, (2) any movement in the shorts pool from the 1.6 million level, 3) the dividend burden in shorting high-yielding equities, and (4) yesterday's filing with SEDAR indicating that the Caisse's holdings in STB have just edged up over the 10% line (approx 7.6m shares).

(Thanks so much and I promise not to bug you for a while after this one!)