Investment Q&A

Q: Peter et al.:

I noticed in your recent blog that you have IAE listed as one of the oil stocks that will be in a pinch if the oil price stays low or goes lower. Does this take into account their hedges out to mid 2016 and their hedges out to mid 2017? Assuming that Stella starts producing in mid 2016 there should be a large increase in cash flow with the 16K of extra production, is this taken into account. I think past mid 2016 there will be some risk but their break even price is stated at $10/B until Stella produces. They have been rescued in my opinion by their hedging regime and are seen as a show me stock. In this down energy market I think they have reduced their risk to the low oil price as reseasonably possible. Many companies have not done this but IAE's stock price does not reflect this. Also they are planning in this quarter to start to reduce their debt and they do no even have production from Stella yet - this surprised me actually. Yes it will move as the oil market moves but I believe it has a low probability of insolvency even with 800M of debt. I believe there are more companies that have a greater chance like my lottery ticket - INA (last time upgraded to 2 lotto tickets from 1 -LOL). I just hope I am right.
Waiting for an energy turnaround

Thanks,

Brendan

Q: Hi, I have no US exposure or Energy stocks so was looking to buy 1/2 of ETP.US for dividends but with the drop in price I am now looking at growth for the same stock.
Any comments would be helpful.

Q: I've been out of stocks for a few months and bought income positions last week as follows:
Full - POW, ISV, SPB, SLF
Half - ET, CSH.UN, SIA, AD,CHE.UN, BPF.UN, DR, ECI,ZWB, VNR, TMA, FSZ, SLF

Are there any half positions you would not double soon.?

Thanks for the opening comments Monday morning.

Q: Hi Guys.

Your opinion on Dow US market

Thanks Shrley

Q: I own these stocks and they are significantly under water. They are not a very big position in my portfolio. Would you have advice on them in regards to being a buy, sell or hold. Reason behind rating would helpful.

Q: When I see the futures market way down like it was going into Monday's open and there is a stock I am hoping to scoop up at a lower cost am I better to put an order in at the "market" price or to enter an actual dollar amount before the market opens?

Q: With the recent turmoil in the markets and slowdown in China how likely is it that the Fed will increase interest rates this year? What are the implications?

Q: Would appreciate your comments concerning yesterday's earning release. The market does not seem to like it.
Thanks!

Q: Is there a way to turn on the read answer permanently. It happened by accident last week and this is very convenient.

Thanks.

Grant

Q: Good Morning
The recent acquisition of TN.UN by NPR.UN is not looked favourably by some experts. Others suggest that there will be some pain for both the shareholders of the two companies. I own shares of NPR.UN and I would like your opinion wheteher the deal will be beneficial for the holders of NPR.UN shares. If the deal is not beneficial for NPR.UN, would you recommend selling?
Thank you

Q: Thinking of making a switch from ALA where I can book a tax loss to offset gains and buying BIP with roughly comparable yield. I also suspect I am improving quality and safety a bit as well and removing some perceived energy exposure. Would you agree? Thanks.

Q: In regards to the sudden for Amaya, I'm not entirely certain but it may be due to a federal appeals court on Tuesday overturned New Jersey's sport betting law for the second time in two years, saying federal statutes forbid gambling on college and professional sports except in a handful of states, which may impact any future plans Amaya had in this area.

http://www.philly.com/philly/business/20150826_Federal_judges_overturn_N_J__sports_betting_law.html

Seems to me investors' panicking is overblown on this one and the market in general.

Q: In a strong up day it is a little disconcerting to see Amaya down 2.5% (although it did fare reasonably well in yesterday's carnage). I have been looking for a chance to add but the negative price action today has me pausing. Any words of wisdom?

Q: Any logic to sell off .... And still a hold or add to average down on a good fundamentals

Q: What do you think of the WSP bought deal, just announced?

Q: Peter/group I have a right offering on CSU The present cost is 32 cents /share which will allow me to purchase more shares at the present market price of $120. It also pays me 8% in interest ...is this a good investment? Thanks PS I do not fully understand the offering if you could clarify it for me in simple terms. Thanks for steering us poor mortals in the right direction

Q: I think the market could be volatile in Sept. so that stink offer concept I like alot for a small investor.
What are a few other stocks or etfs in the US or Canada that dropped alot yesterday and recovered? that I might consider.

Thx

Q: Are ETF really safe ? Two of my portfolio ETF showed strange behavior monday morning. WXM (Morningstar Canada Momentum Index ETF) did trade 15% down for a few minutes. It was worse for the large US SPLV (PowerShares S&P 500 low volatility ETF): The ETF plunged as low as $20, or 46% below last Friday’s close ! This has me questioning ETFs in my portfolio....

Q: I would appreciate your thoughts on adding 1% to an existing positions in PPL and ALA at this time. Current utilities allocation is 8% as follows: ALA 2.5%; PPL 2.3%; BEP.UN 3.2%. Alternatively, would you suggest replacing one of these holdings with either FTS or EMA?

Q: Peter can you provide your curent thoughts re; aig -here in the 59$ range