Q: Hello Peter,
What are your thoughts on Laredo Petroleum Holdings, LPI.
What are your thoughts on Laredo Petroleum Holdings, LPI.
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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: CFX Canfor Pulp Products
Yesterday CFX announced that they were suspending their dividend ($0.05) for the quarter. It’s getting punished today. I see that you wrote last month that the market was probably uncertain about the new CEO, pulp prices and the global economic picture. CFX also noted in the last quarter some onetime costs, settling of the labour agreements and the plant outage. I note that in the past when CFX was an income trust, the distributions went from $1.44 in 2008 to $0.48 to $0.12. By 2010 the payout was raised to $3.00. Now in a further two years it has dropped to a $1.60 dividend when they converted to a corporation, then reduced to $1.00, then $0.88, then $0.20 and now ZERO. Based on this pattern, one would hope that within two years the dividend will be back to $1.60! I’ve held CFX for many years and would you agree that in the long run it might be a good bet to hold and expect some better quarters ahead? Or do you think that there’s a fundamental change in the company’s management and business?
Yesterday CFX announced that they were suspending their dividend ($0.05) for the quarter. It’s getting punished today. I see that you wrote last month that the market was probably uncertain about the new CEO, pulp prices and the global economic picture. CFX also noted in the last quarter some onetime costs, settling of the labour agreements and the plant outage. I note that in the past when CFX was an income trust, the distributions went from $1.44 in 2008 to $0.48 to $0.12. By 2010 the payout was raised to $3.00. Now in a further two years it has dropped to a $1.60 dividend when they converted to a corporation, then reduced to $1.00, then $0.88, then $0.20 and now ZERO. Based on this pattern, one would hope that within two years the dividend will be back to $1.60! I’ve held CFX for many years and would you agree that in the long run it might be a good bet to hold and expect some better quarters ahead? Or do you think that there’s a fundamental change in the company’s management and business?
Q: Can you shed any light on this latest drop in Absolute Software's (ABT) share price? In May you suggested they were misunderstood and had a confusing way of reporting revenue. Now they are reporting in US$. MD&A was upbeat too. I thought/hoped these factors would be noted and evaluations adjusted. I would appreciate your opinion, thank you.
Q: I am considering investing in ATP or AW.UN for high yield on this market pullback. Both companies have a B+ rating. Which business offers the best 5 yr investment? Thanks Larry
Q: Looking at ERF for grandson's RESP. It has >6% yield and a PEG < 1. What do you think for a long term hold?
Q: UBS puts forward Suncor as a 'key call' in Canada (apparently there are only 5 so-called key calls in Canada). Is this sound ?
Any reason to prefer Suncor over CNQ or COS. The large caps all seem to go in the same direction, either higher or lower.
Any reason to prefer Suncor over CNQ or COS. The large caps all seem to go in the same direction, either higher or lower.
Q: Hi Peter,
I would like to have your opinion on Teck Resources (TCK.B.).
Thank you
I would like to have your opinion on Teck Resources (TCK.B.).
Thank you
Q: DD Digital Dispact. Peter, huge volume today - and just wondering if this is sending a signal that someone is interested in taking a big position for future take over offer. My math says its trading at book right now. Thoughts ? Thanks for your reply
Q: Re: Passport Potash (PPI) and the holbrook basin.
I would appreciate your thoughts on what the Prospect Global and Sichuan $2 billion purchase and sale agreement might mean for PPI as they're 1) neighbors on the basin, 2) PPI appears to have land concessions within Prospect Global's concessions.
Generally
I would appreciate your thoughts on what the Prospect Global and Sichuan $2 billion purchase and sale agreement might mean for PPI as they're 1) neighbors on the basin, 2) PPI appears to have land concessions within Prospect Global's concessions.
Generally
Q: What do you think of Taseko Mines (TKO) and the possibility of the Prosperity project. Thanks
Q: Peter, I am a dividend seeker (RRIF) and have to decide between ENB and ETP-N. Big difference in yield while other metrics are close enough. You opinion please, thanks
ENB/ETP-N:
yield: 2.88%/8.4%----favours ETP
Debt/equity ratio: 1.58/1.28---favours ETP
P/E ratio: 48/32----favours ETP
Payout Ratio: 28/32----favours ENB
Beta: 0.39/0.87-----favours ENB
Price/Sales: 1.37/1.51-----favours ENB
ENB/ETP-N:
yield: 2.88%/8.4%----favours ETP
Debt/equity ratio: 1.58/1.28---favours ETP
P/E ratio: 48/32----favours ETP
Payout Ratio: 28/32----favours ENB
Beta: 0.39/0.87-----favours ENB
Price/Sales: 1.37/1.51-----favours ENB
Q: re Agrium
Thank you for your suggestion not to sell into the Dutch auction. I am liking the dividend increase and potential effect of the 6% share buy back…
mike
Thank you for your suggestion not to sell into the Dutch auction. I am liking the dividend increase and potential effect of the 6% share buy back…
mike
Q: What do you think of Agu at the current price? They have announced that they will double their dividend. Thank you.
Q: What was your reason for picking WEQ and ELD for the contest?
Q: Peter
What`s your opinion on HCII and CCT.TO . They`ve done fairly well lately but was wondering about their longer term outlooks .Are they a good space to be ?
Thanks for your input .
What`s your opinion on HCII and CCT.TO . They`ve done fairly well lately but was wondering about their longer term outlooks .Are they a good space to be ?
Thanks for your input .
Q: I am holding Canadian Utilities and not Atco. Atco has outperformed CU by a large margin YTD. Could you explain the differences in these 2 interconnected stocks and why Atco has done so much better. Thanks.
Q: what is your take on cgl. Are there any other gold ETFs or companies you recommend.
thanks
thanks
Q: What makes a stock have value?
I've only been investing for about 4 years.
Is a stock valuable because that's the price we believe someone would buy the entire company for? How does one get value unless they can sell to someone else, or receive a dividend?
If the ability to sell or purchase is blocked, is the company worth anything? (ie Petronas/Progress)
Does the blocking of Petronas/Progress put a positive pressure on dividend paying companies?
The refusal of Petronas/Progress seems huge to me.
I've only been investing for about 4 years.
Is a stock valuable because that's the price we believe someone would buy the entire company for? How does one get value unless they can sell to someone else, or receive a dividend?
If the ability to sell or purchase is blocked, is the company worth anything? (ie Petronas/Progress)
Does the blocking of Petronas/Progress put a positive pressure on dividend paying companies?
The refusal of Petronas/Progress seems huge to me.
Q: Hello, can you please give me an opinion on Corvus Gold, ticker KOR? Thank you, your service is very much appreciated.
Q: Im in the process of purchasing some long term investments. I currently have around 45k in my rrsp and 35k in my wifes. I also have 6k for my sons resp. I have been day trading and find i dont have the time or the knowledge to continue in this manner. I am sitting 100% cash and would like your input regarding my position and what securities and person in my position would benefit from. Iam currently 33 yrs of ag.
Thanks
Thanks