Q: A day or so ago, ENB announced that it was transferring a 1.76 Billion pipeline package to the Enbridge Income Fund. My question is why they are doing this and how this transaction will affect the stock price of both companies. Tnx for all the great work.
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Asked by Jacques on September 23, 2014
Q: Could you please give us your opinion on Capstone Mining after recent news. Is the share price freefall a result of this, or does it relate more to the collapse of commodity prices. Thanks, Mark
Hi Team - I was hoping you could please explain the apparently high payout ratio of Veresen. According to CIBC Investors Edge, the payout ratio is 439.63%. From what I can see with FASTGraphs, the payout ration has been over 100% (sometimes well over) since 2001.
I don't understand how this can be possible over such a long time period. I've noticed this with other companies as well from time to time. Generally though, the commentary you provide suggests a low payout ratio is best.
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Asked by Michael on September 23, 2014
Q: My portfolio currently is a little overweight in REITS and light on US exposure. REITS have generally gone sideways or declined somewhat over the last few months and I realize that you generally are of the view that REITS should not be expected to have any capital appreciation of note over the next year or so. Accordingly in order to seek some capital appreciation and some US exposure I am thinking of selling a significant portion of my REIT holdings (Calloway, American Hotel, Artis, Summit) and purchasing some of AAPL, GE, BCR, DE, MFST, NWL, PG, TXN. Do you see anything questionable in my logic or do any of these US holdings present a concern? Thanks in advance.
Q: Is there something going on in the market I haven't caught? Friday's 200 point drop on seemingly no news was strange enough. Now we have another triple digit, across the board loss and the only explanation is perhaps speculation about a report due on Chinese growth. Yet I'm seeing some of my lower beta, stable, conservative stocks plunging even more than the high beta momentum stocks. Easyhome down almost 6%, IPL down almost 5%, even Saputo down over 3%, none of which would seem to have anything to do with China. I'm not seeing people moving into anything else (certainly not energy, tech or materials) so what's the money doing?
Q: WSP Global Inc. (WSP) has closed the public offering of subscription receipts at a price of $35.85. Today they are trading at $35.45 (WSP.R) and the common shares are trading at $35.53 (WSP). Does this indicate the subscription receipts were not that well received? Do you see any problems with this issue?
Thank you.
Nadine
Q: What are your thoughts on Agrium vs. Potash? Are they at attractive valuations/do you think investing in such a company is a good way to play the inevitable global population growth from a long term prospective? Also, when is the seasonal strength time for agriculture stocks and is seasonality something you take into consideration when choosing stocks.
Q: The market seems to be correcting quite drastically today. Are there any companies that you would see as "great deals" if the "sale" continues? Thanks,
Q: Hello Peter and company. I was hoping to have your view on Teck Resources..TCK.A.. I am looking at cash levels and prices on its various business segments on a forward basis. It looks like there is a significant misunderstanding of impacts and there could be a floor and $21.00-$20.00 area. I already have a position. Is the Dividend safe in your view. Thank you Jason
Q: hello team,
I was wondering about Teck TCk.b. What is the future for itdo you think. i have been thinking about buying it my rrsp and immediatly afterward selling a corresponding amount it in my non registered account for a tax loss. Ican't see anything wrong with this strategy, although i could be missing something. sdo, my question mainly hasto do with how you see Teck
thanks claire
Q: Hi:
Congrats on a successful bike ride for the kids!!!!
My question is about Teck which had a high volume Friday and is falling to-day. It is setting new 52 week lows. Is there any news that is causing this sell off?