Investment Q&A

Q: Peter - thanks for your earlier comments on Just Energy (JE).

Today's announcement: Just Energy to sell National Energy for $505-million

They also announce the dividend will drop from 0.84 to 0.50 and go from monthly to quarterly.

Is this enough to improve the debt situation and help right the ship?

The market seems to like it (so far).

Thanks.

Q: Hello,

Ref: 4 Jun question from Thomas about laying one stock chart over another.

NB: You indicate about posting it to the Resources Q&A section, although I cannot find such a section. That is maybe where I should be posting this (plse advise where this section is).

Many free sites offer a comparison feature (Google Finance and Yahoo Finance being two). I use Google for my example, and will use BNS and TD to compare. Enter BNS in ticker field, and one will get a chart of the stock price in $. Select time period you want (let us use one year). Above the left top corner of the chart box is the 'compare' field, enter TD, and select the add button. The chart will convert to two lines: one line for BNS and one for TD (each in diff colours) and the scale will convert to %. One can then read the chart to see the relative performance for the time period selected. One can add quite a few names to the same chart. Hope this helps.
Bob

Q: Hi Gents,

What is the Summary Portfolio that was posted to site 2 Jun (I am new to site, and cannot find an explanation or come up with one myself)? It cannot be the A and B stocks as there are C rated stocks on the list, and it is more than the Income and Model combined.
Thanks.
Bob

Q: I read an article on BNN today entitled:

Energy Watch: RBC’s 4 drilling stocks to buy ahead of drilling season

For a buy and hold investor, which of the 4 drilling companies mentioned, would you recommend?

CFW, ESI, PD, or TCW.

Thanks for all you do for us retail investors.

Q: I own both LGT.B & ALC. LGT.B has been on a tear for the past 2 weeks but not ALC. Can you suggest a reason for the discrepancy?
I am thinking ALC has had to borrow money to purchase the new ships. Could the borrowing costs be depressing ALC's earnings? Presumably once the loans are paid down and the lower operating costs of the new ships start to make their impact ALC's earnings (and share price) will increase. (Hopefully the loans will be paid down before interest rates start to rise). Does this make sense?

Both ALC and LGT.B seem to be thinly traded however I found it more difficult to purchase LGT.B over ALC. I suppose a thinly traded stock ought to increase more rapidly due to the lack of float. (It should also drop more rapidly too!) I think the main trouble with these 2 companies is lack of float. ALC did a 10 for 1 stock split about 18 months ago which helped. I suppose LGT.B would need to reach about $100 to do a split.

Anyways thanks for listening (actually reading).

Q: Just a suggestion: think it would also be helpful to have questions that are related to US stocks show up when you search for the ".US" field, if possible. Right now, they only show up when you search for the specific symbol name. Not sure how easy this could be to incorporate, but thought I would ask. Thanks!

Q: Hello. Enjoying having information flow from 5i.
Question is on the growth portfolio.
What is the reason for change of ACB sylogist; from 4.90to 4.70.......in one month period? (April vs may report)
Thank
Dave

Q: Instead of bonds I have 2 mutual funds (I know dirty words!) that I consider fixed assets. I think they are both excellent but I would like your opinion. NCE617 Sentry Canadian Income and NCE621 Sentry Small/Mid Cap. I have about 1/3 or my portfolio in these funds as well as 40 stocks. I have about $5,000 in each of your growth portfolio stocks.

THANKS FOR YOUR WORK! I WOULD LIKE TO BUY YOU A BEER! (or TWO)

Q: Hi Peter + Group Re Western forest products (WEF) what the overhang from Brookfield secondary offering Dated Oct 9 2013 @ $1.45.c/w warrant@$1.60 exercisable until July 31 2014. It appears The stock is under selling pressure until the warrants expire. What is your thoughts on this?

Q: Hello, I am wondering about WEF:TO (Western Forest Products and what is causing the large trading activity today at 2.5 million shares. Was there some news today?

Q: tbe after going up some has steadily retreated again-is there fear of a dividend cut ?

Q: This is in response to Thomas' question regarding charting. If you're looking for a quick comparison of charts, tmxmoney.com has such a feature. Pull up the quote of a company you're looking for, then hit the "charting" tab that comes up. Input your parameters, ie: time range, frequency, moving averages etc. You are able to layer/compare up to 11 charts at the same time.

Q: Comment to Shirley re: the new EFN preferred share issue: If you are interested in this new issue, I strongly suggest that you consider instead a "market purchase" of EFN.PR.C, which was issued a few months ago, and offers both a better (+0.1%) coupon rate and a higher (9bp) reset rate, while obviously having an identical credit quality and nearly the same reset date (a few months earlier). Furthermore, EFN.PR.C is about to go "ex-dividend", and so will from the start give an additional nearly 41 cent advantage over the new EFN issue. At the moment I'm writing this, EFN.PR.C is trading at $25.00.

Q: Since you last covered Carfinco it has dropped by approximately $2.30 increasing the yield from 4.1% to 5.2%. Are you still comfrotable with the company and does this represent a better buying opportunity?
Thanks.

Q: Chartwell REIT (CSH.UN) hit a new high today, presumably from news that Ventas is acquiring some retirement communities from Holiday Retirement. Is Chartwell expensive now or do you think it still has room to go? Do you think the REIT may be a future takeover target? Thank you for a great service!

Q: Would be interested in any up-dated thoughts on Urbana (URB.A)since last mention in Oct/13. The fund is now about a third US big banks ie. B.of A., Citi, and Morgan Stanley in addition to exchange holdings: they have initiated an annual dividend
( approx. 2.75%); continue to buy back shares: and trade at about 35% discount to NAV. Your thoughts, any caveats appreciated.
Thank-you

Q: Hi 5i Team
Would you consider LW Leisureworld more likely than Chartwell to have growth over the next few years. How secure do you think the 7% dividend of LW is? Do you think this sector is desirable in a portfolio for RRSP with years to grow.Thanks
Kathy

Q: hi:
Do you know of a free site where I can lay a chart from one stock or index , over different one ? Thanks .

Q: The Income Portfolio for May seems to have the yield percentages wrong on most of the holdings.

Q: Good afternoon,

My question today is on WEQ and its relatively high dividend. Would you please provide an opinion on whether or not you think that this dividend is sustainable for the foreseeable future (1-2 yrs) and also comment on the payout ratio as an important indicator of whether or not the dividend is likely to be cut. Thank you.