Investment Q&A

Q: YOUR COMMENTS ON THE BLOW PLEASE
THANKS
YOSSI
Bellatrix Exploration: Deeply Undervalued And Likely To Achieve Significant Price Appreciation
Aug. 15, 2014 5:00 AM ET | 16 comments | About: Bellatrix Exploration Ltd (BXE) Subscribers to SA PRO had an early look at this article. Learn more about PRO »

Disclosure: The author is long BXE. (More...)
Summary

Bellatrix Exploration is a USD $1.3 billion market cap E&P with an average trading volume of US$3.3 million on the NYSE and $34.8 million with the TSX included.
Bellatrix trades at a discount to peers and must appreciate 76% to reach the median peer group multiples.
Bellatrix has net debt / Q2 2014 EBITDA of 1.2x, which is lower than 7 out of 10 peers, and affirmed production increases of 33%, which is higher than peers.
Due to increased firm service capacity, Bellatrix alleviated near term constraints on production growth. Their 2015 and 2016 gas plants will fully eliminate those constraints.
Continued increases in production growth, and a new PR campaign in the US will cause a re-rating of this stock. My 12 month price target is C$16.

http://seekingalpha.com/article/2425605-bellatrix-exploration-deeply-undervalued-and-likely-to-achieve-significant-price-appreciation?ifp=0

Q: Re EIF Exchange Income, are you still relatively positive on EIF after conference call? The market seems generally positive although the guidance for Westower remains a bit dicey with no improvement in margins until next year. Would you consider this high risk?

Q: The article from Bloomberg reflects my sentiments quite succinctly. I had bought AVO at $30 and is currently 3% of my portfolio. I am torn between diametrically opposite courses of action.
- The stock has tremendous potential but very risky. If I double my position, the cost base comes down and the percentage risk diminishes but the risked amount increases.
- I could hold on to my current position and I think the downside risk is a lot lower from this point on.
- Or I could take my losses and justify that not doing so would be an opportunity cost of investing elsewhere with lower risk; in case the gain in stock price is not substantial.
I ask your advice as a voice of reason. I have itchy fingers and very often gamble and very often the end result proves the old adage that I was lucky in love.

Q: I own CXS since 2 years in my TFSA and am down over 35%. Should I continue to be patient? I am tempted to use the cash to buy either PHM or GXI. Thanks for the excellent and invaluable service.

Q: Hi Peter, Ryan & Co.,

I came across this in a Rob Carrick column; you, and many of your members, might already have seen it but I enjoyed and thought that it might put a smile on a few faces for those who haven't yet seen it.
http://www.fool.com/investing/general/2014/08/12/an-honest-stock-market-update.aspx

Publish at your discretion, no reply necessary.
Have a great weekend!!
Cheers,
Mike

Q: What do you think of the ETF XIT? I dislike how it has a small market cap, holds pretty much only 4 companies, and has a high MER (0.6%) but I really like buying the tech sector on dips caused by broad-market scares. It is free to buy (and sell) in an iTrade account. Holdings: 23% CGI, 23% OpenText, 16% Constellation, 8% DH. And unfortunaly, 16% BlackBerry. Any thoughts about this ETF?

Q: I was considering take a position in IBG. Could you please comment on the latest quarter and would it be a buy at this point.

Q: Hi Peter, hope that you are recovering well for your trip. At this time, would purchase of 10% positions each of Black Diamond and Stella Jones for an RESP be ok ? Other holdings are 25% BNS and 25% Telus. Balance is cash. Buy now or wait ? Thank you, Paul

Q: Is there a reason that comments are disabled on the Avigilon blog article? Of concern to me, an AVO owner now in my late sixties, is that Mr. Fernandes, who appears to be in his early forties is thinking very long term with this company if earnings are of secondary importance to product development even going out years. How long will I have to wait for payoff in my underwater investment?

Technically I see that if the stock breaks support at $17.50 next major support is $12.50 established 2012-13 on much lower volume. Perhaps it would be better to cut and run here then wait for a bottom to re-enter. Would you agree? Thanks, J.

Q: Hi Peter What is the catalyst that keeps pushing IPL to theses levels I have a large 7.5% position and I think I may trim.
Regards Stan

Q: can you comment on BAD. Badger lighting on the TSX. Is it a buy?

Q: Hello 5i,
I have a diversified portfolio with over 60 companies and am thinking of buying Brookfield Global Infrastructure Securities Income Fund (BGI.UN). What do you think, there's not much information on the fund?
Thanks,

Q: Hi Peter and team.Would appreciate your opinion on Crius Energy.KWH'UN.Thank you for your outstanding service.
Gaston.

Q: I was wondering if you have any thoughts on Algonquin (AQN).

Thanks

Q: Can you comments on MRE results and its prospects. Thx

Q: I would appreciate your opinion and recommendations on NOC and any other company you know of which is involved with drones.
Thank you, Peter, Ryan and 5iteam.

Q: Hello 5i,
I bought these US securities on the 24 Jun this year. So far this is the performance:
shares $/sh amount book val +/- %
ATHN 24 131.25 3,150.00 2,978.99 +171.01 +5.74
PCLN 2 1,284.81 2,569.62 2,443.95 +125.67 +5.14
ALGN 54 54.71 2,954.34 2,870.87 +83.47 +2.91
SFL 155 18.80 2,914.00 2,877.45 +36.55 +1.27
SBUX 37 76.62 2,834.94 2,873.01 -38.07 -1.33
CLCT 139 20.09 2,792.51 2,883.08 -90.57 -3.14
GMCR 24 114.30 2,743.20 2,976.83 -233.63 -7.85
SNDK 27 93.21 2,516.67 2,793.10 -276.43 -9.90
MSCC 103 24.35 2,508.05 2,866.14 -358.09 -12.49

Just wondering if you can give me an update on my US portfolio.
Thanks,
Rick

Q: Hello 5i,
My current portfolio consists of:
BX:US, COP:US, PXT, HWO, TLA, SYZ, VCM, PHM, DND, XTC, and RDX.
I like to keep a fairly concentrated portfolio and generally stick to smaller cap stocks. Assuming I am fairly equal weight between all of the above names, which would you (if any) recommend adding too today? And is there another small cap name that you think may fit nicely in this list to provide good growth/value and maybe a little diversification at the same time?
Thanks!

Q: Hi, I know you don't concentrate on US stocks but would you please comment on Boeing for me?

Q: Hi Peter and Team,

Quick thoughts on National Holdings, NHLD.US