Investment Q&A

Q: 8:14 AM 11/4/2015

Hello Peter
There seems to be something strange going on with the Hydro One IPO. I wanted the shares for steady reliable income. I got half of the shares I asked for at TD Waterhouse but neither my Scotia McLeod with whom I had expressed a strong interest [and Scotia McLeod were co-underwriters so they should have been able to get some easily] nor my National Bank brokers had any and both said their offices didn't even ask for any shares. Yesterday John Zechner on BNN was at best lukewarm on the issue and suggested waiting a few days before buying any shares in the market.
We know one or more of the large pension funds wanted to take the entire offering but the Ontario Government were committed to a public IPO.
Do you have any idea what is going on. Will the pension funds drive the price down so they can buy up most of the shares on the open market? Am I missing something important? Your thoughts most appreciated
Paul K

Q: What happening to AVO after a good earnings performance?

Q: Hi team:

Can you comment on the Q3 results just released and more importantly looking forward? Much appreciated.

Q: Hi Peter As a new holder of WIN would you walk and take the 30%loss or sit on it .It seems to settle at the $1.75 number .
kind Regards
Stan

Q: WIN has not created any shareholder value over so many years and now they have the audacity to cut dividend by 75% even though they have so much cash, which does not make any sense at all. I have lost 50% of the value in this stock in less than a year. What do you suggest should I do. Hold the stock or sell it and buy something like TNC etc to recuperate the losses. Thanks

Q: Wow what a negative surprise. I thought they would keep paying the dividend with their large cash balance . Should I sell now with an dividend of 11% plus or hope the go back to 9% effective dividend with the lower payout. I know $2.50 is long gone. What do you make of their new strategy. Thank you for your advice. Mike

Q: Hello,

Do you think that buying WIN now is catching the proverbial falling knife?
I'm down 50%. When (or how) would you determine that a company has very low downside potential but good up-side?

Thanks
M

Q: I'm sure you'll get a flood of questions today about Wi-Lan to chime in on their latest quarterly results and lowering of their dividend. I'm pretty disappointed that the board chose to lower their dividend by that much when:

1) they have so much cash on their books
2) they are restructuring to spend less on SG&A

As a shareowner, I'm not happy with how they are not passing through their cash and instead intend to keep on their books instead.

What is your outlook on WIN?

Q: Wylan has indicated it is "spinning out its R&D unit". Is this a significant action or do we need more details to understand the value to the company.

Thanks again

Q: Will you be putting together a Conservative portfolio or should we consider the Income portfolio as that style? What about a covered call portfolio?

Q: Could you please compare Riocan (REI.UN ) to Plaza Retail (PLZ.UN)?
Which is a better holding and why ? Thanks, Tim

Q: Hi, in your response to Greg's CBO question you mentioned Canada is working its way through a recession. Can you elaborate why you think this is the case?

Q: I would appreciate your expert opinion on Hudson's Bay.Is it reasonable to expect that the company can monetize their real estate holdings?

Q: Can I have your outlook on CBO for the next year or two.

Thanks

Q: I have held a small amount of shares in this company for about two years, watching it slide down and hoping to see it rise again. What are the chances of that happening?

Q: LOOKING OUT TWO YEARS DO YOU THINK ITP IS A GOOD BUY?

Q: My portfolio includes above 7 names.
Please provide up-dates, resp. information for some where I could not find any Q and A info. Thanks.
Klaus

Q: I am a retired, mostly conservative dividend-income investor with a pension, CPP and annuities. My asset mix is 65% equities and 35% fixed income. My holdings include AD, ALA, AQN, BNS, BCE, CGX, CPG, PBH, RY, SLF, WCP, WEF, WSP, ZLB, XIT and Sentry Cdn Income, Sentry REIT, TD Health, RBC Cdn Equity Income.

Within my equity portfolio, my tech exposure is 8% with 3/4 of that being XIT. Seasonality is in its favor right now.

Within my equity portfolio, my healthcare exposure is 4%, with 3/4 of that being TD Health. Bad current news environment and bad seasonality, but beaten down.

I am interested in topping up either XIT or TDB976. Which one is more conservative, could use the topping up and has the most upside?

Thanks,
Steve

Q: I'm interested in the security of income and capital. In XTR there seems to be a lot of diversification among quality companies. What would be the maximum percentage of the portfolio you would be comfortable with? Thanks for the ongoing advice.

Q: There has been a lot of talk about a housing correction in Canada. I am interested in your views of how this could impact the Canadian stock market and what would be the most vulnerable sectors and stocks? Also, would this tip us into a recession?
Thank you