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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: Hi Peter, could I please have your view on Fiera's acquisition of Propel capital.
Thanks and enjoy the bike ride.
Read Answer Asked by Robert on September 03, 2014
Q: I am looking to buy some US bank stock and am looking at both JPM and BAC. Both have gone through difficult times and look like they have some upside. Do you agree with that? if so, is there one of these you prefer or another US$ bank you would alternatively recommend.
Thanks for all your advice.
Read Answer Asked by Jim on September 03, 2014
Q: Peter:

Caldwell Partners (TSX: CWL) seem to be getting some attention from investors with a little higher trading volumes and growing market cap. Would 5i consider covering it given no one else does and Company is performing really well and paying a dividend too?
Read Answer Asked by Charles on September 03, 2014
Q: tor (tsx) recently merged with another australian mining company and the new ticker is her on the tsx. This is early stage but has much of the existing infrastructure still in place. Small penny stock but looks interesting, any information would be greatly appreciated.
Read Answer Asked by Gerald on September 03, 2014
Q: Good luck on your ride . My ? Is on PBh debt level how much is their debt in convertible debentures for shares and how much is standard debt.to me it makes a big difference when I decide to invest in a company .
Stan
Read Answer Asked by Stan on September 03, 2014
Q: i think Big Data will be an important trend for the future. I am looking for ways to invest in this concept but so far have only found Wanted. Do you know of any other investible companies which are big data or have a significant big data component?
Bryon in Elmira
Read Answer Asked by Bryon on September 03, 2014
Q: I saw you commented on VTSMX in an earlier question. VTI is a vanguard fund with the same title "Vanguard Total Stock Market". Is there an advantage of going with one over the other?
Read Answer Asked by Carla on September 03, 2014
Q: This is not a question- but a challenge to all 5I members who have not yet contributed to Peters ride. If you have benefited from your membership here & the advise you have received please contribute what you can! Peter has raised 88% of his goal- lets not let him come up short!
Les
Read Answer Asked by Les on September 03, 2014
Q: Hi Peter and Team:
Regarding CSS - cash offer:
I bought at $15 and cash offer is $14.60.
should I sell it at 15.25 now or wait?
I called RBC direct invest. they told me if majority agree cash offer, I have to accept it. Or majority rejected, they may make a new offer.
I think I bought at price too high. Maybe I should sell it now.
Appreciate your advice very much. thank you so much.
Adriana
Read Answer Asked by hong on September 03, 2014
Q: Hello Team. Thank you for the updated reports. I am trying to figure out how you come up with the month % returns (not incl dividends)?? Some work out exactly and some not! EG: VNR bang on but WSP not so. (as well as others across both PFs) Please clear this up for me. Good luck Peter on your brave ride across our wonderful Canada!
Read Answer Asked by El-ann on September 02, 2014
Q: Pipelines:
In looking to add pipelines to a balanced portfolio what is your preference when it comes to company size,looking at growth first and income second. I.E. ENB/TRP vs IPL/PPl. If chosing one, which would it be? (or other suggestion) Also how do you feel SCL fits in to the mix. As a supplier of pipeline coatings, is it a redundant play or a stock with different qualities/prospects than pure pipelines?
Thanks very much as always!

Phil
Read Answer Asked by Phil on September 02, 2014
Q: A group of 8 Pipeline and Midstream companies analyzed by a broker has a 2015 forward PE of 28.4, after removing a high outlier, VSN. To me this number seems quite lofty and I'd like to know how it compares historically, say in the group's last cycle peak; after all how much growth can this group generate? I know the analysts say that growth is visible years out but it seems N. America is presently awash in oil with an average 250,000 BPD being imported by Eastern Canada from the U.S. so if shale oil continues to expand production, and there's no consensus on this prospect, would that be a catalyst for the group to stumble or accelerate growth? It seems likely that the growth number should be far less than 28% too, hardly justifying the PE.

And it seems the group is analyzed on its AFFO yield (like REITs) of 6.3% for 2015. Should interest rates rise would the group be hurt by the rise? Current stock yield averages only 3.6%. In the group I hold ENB with smaller positions in IPL and ALA; stock prices have been on a 45 degree climb for several years now - time to take profits or just watch closely? Thanks, J.
Read Answer Asked by Jeff on September 02, 2014
Q: Please give an update on RME. I am told there has been some insider buying but cannot confirm this thru sSedi
Read Answer Asked by george on September 02, 2014
Q: Can you please give me your current thoughts on ten peaks coffee (TPK) based on their latest quarterly results (August).Seem to be pretty good on the surface.What is the dividend payout ratio?
Thanks for your excellent service!!!
Read Answer Asked by Thomas on September 02, 2014