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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: I hold HCG and MFA in TFSAs at 1.4 and 1.8 percent, respectively, of my & my husband's total portfolio. (combined calculation as recommended by 5i!) They are both down close to 30% since I bought them. Given their percentages, should I just leave them, or should I take my loss in one or both, and move on? Thanks for your help and support.
Read Answer Asked by M.S. on November 24, 2016
Q: Hi Peter and Team,
What is your view on Baytex Energy buying production assists in the Peace River Region of N. Alberta in a deal worth 65 m?
Is it positive or negative in terms of their operations and financial status. To my understanding their debt level is high.
Your comments appreciated.
Read Answer Asked by Pui on November 24, 2016
Q: Between CNR and CP, which one do you recommend today and going forward in the Trump era, and reasons as to your preference.
Does it make sense to own both Telus and BCE?
Thank you,

Read Answer Asked by Nadine on November 24, 2016
Q: Greetings and best wishes to all. I have a small position in Niocorp (NB. I like the companies project, but I do not know enough about the industry to know if they can successfully develop the property by themselves. I would appreciate your thoughts on how this might proceed. Are they a buyout candidate, if not, can they successfully become a profitable operation? Thank you
Read Answer Asked by william on November 24, 2016
Q: Further to my previous FYI post re ENERCARE and your response (thanks!).

I have since received a response directly from Enercare indicating that "they are building cash to deploy in their regular growth program (to build out the rentals and also the sub-metering business). It’s not necessarily to pay down debt in the short-term."

This just for further clarification directly from the company. To me this is better than issuing new shares directly into the market as it rewards current Shareholders with the 5.0% discount which to my knowledge is a fairly generous discount as compared to other discounts in the 2% - 3-% range.


Read Answer Asked by Scot on November 24, 2016
Q: With reference to the new DRIP that was instituted. In your response you thought it was to pay down debt. The dividend was raised 16% in early 2015. If paying down debt was the priority why approve the raise in the first place. Is this new program indicative of a change in managements assessment of the company. Seems to be confusing signals. What would your take be on this move.
As always your considered opinion is greatly appreciated.
Mike
Read Answer Asked by michael on November 24, 2016
Q: I would like to add a growth stock to my TFSA. Looking at your growth portfolio I narrowed it down to one of SHOP, KXS, DBO, PLI, TNC or ZCL. In today's environment which one of these six stocks would you add? I am relatively diversified across all sectors, so sector is not an issue at this time.

I was originally leaning towards either SHOP or KXS. If you didn't select one of these from the six stocks listed above, which one out of these two would you pick?

The funds to purchase the growth stock will come from the sale of IPL or WCP in my TFSA. Of these two which would you sell to get the funds for the growth stock? p.s. I also own IPL and WCP in a non-registered account and plan to keep those.

Paul
Read Answer Asked by Paul on November 24, 2016
Q: I currently have a half position in TOY and am up 12 percent. I want to buy the other half but I've read that most of their sales are this quarter for christmas. So does that mean the stock will be much lower in January and for the next three quarters? I guess I'm wondering if I'd be buying at a high and should wait until mid next year?
Read Answer Asked by Carla on November 23, 2016
Q: I have a number of CBL shares and have received a must respond letter from my online brokerage. The offer is for CBL shares at $16.50 but the current price is above $18. The literature is slightly confusing in that it implies unless I tender the shares I might miss this opportunity and generally the company may become private. The tone is my shares would then be worthless. Can you comment? I really have no intention of surrendering my shares for below what the stock trades at currently. Thanks so much. Dave T.
Read Answer Asked by David on November 23, 2016