Investment Q&A

Q: Hello,
Can you please comment on Reitmans. Is there really a turnaround story there ? I have been holding for 1 year now with about 25% gain. Since they cut the dividend I don't really see a reason to hold on to it. Not to mention the retail space doesn't appear to be very exciting at the moment. Thank you for your comments.

Q: As a follow up question, the bonds etfs I meant to list before autocorrect are xhy,cvd,cpd,cbo,xbb,Flot. I plan to hold 2% weight in portfolio of each, does this make sense (any overlap?) or can I cut any? Also, you mentioned taking 10% from canadian equity and switching to international, can you list your top 2 or 3 international equity etfs that you prefer? Thanks again, sorry for confusion on bond etfs

Q: Hi Peter & Team,

I'm a little concerned about the debt load of Chesswood plus its small cap. I'm considering selling my position and taking on Canaccord instead, which is not without its own risks but it looks cheap at the current value. Could I please have your opinion on this swap?

Thx
Dave

Q: Hi 5i, Re Walters question on PHM yesterday and the precipitous drop, apparently Fabrice Taylor (Globe and Mail) issued a SELL recommendation on PHM yesterday.
Ted

Q: Good Morning Peter,

When the Bank of Canada cut it's interest rate by a quarter point last week and a good posibility of another cut coming soon, will this change your thought on holding SLF. I thought that the one reason to hold this stock was because interest rates were going to go up a bit this year. It now seems interest rates are not going to raise for a long time now in Canada nor in the U.S. as the strong dollar is causing problems for the U.S. as well and if they raise interest rates it will cause the U.S. dollar to go even higher.

So I would appreciate your thoughts on sunlife these days.

Thanks Charlie

Q: With Facebook at 45 x p/e per Bloomberg and in the same US classification as Google, internet service provider, I am wonder where FB would fine in the listing ranking GOOG, AAPL, ORCL, CSCO, MFST and INTC?......Thanks

Q: You lean towards HLF more than CLR but I think both have slightly different businesses in the same industry. Would you own 2.5% position in both as CLR looks like it is breaking through while HLF is languishing or it would be good to hold just one of them and if so which one.

Q: Hi 5i,

Do you know of any companies or ETFs which invest in national or (preferably) global infrastructure -- roads, airports, electricity and water networks, etc.? I'm already aware of Brookfield (BEP,BIP,BPY) and would like to know if there any other companies/ETFs which you think merit consideration in this sector. Thanks for your excellent service.

Davis

Q: The following is a comment you made earlier. I am wondering if this pertains to the stock ET or the etf.
Any way, I am also interested in acquiring ET, and if this is the case, what would you consider an appropriate stink bid, and should this be put in place thanks
Thanks for your usual good service

"However, sometimes the price will go down during the day, and not all ETF managers utilize market at close trading. Thus, putting in a stink bid on a stock can sometimes get you a good fill. We always find this trading interesting, because it is a time when fundamentals do not matter. Index players simply trade because of the index, meaning good companies can trade more cheaply on occasion without any change in their prospects. "

Q: It appears that CAE trading in Canada is outperforming CAE trading in the U.S., what am I missing here?

Q: Any reason you know for the precipitous drop in the PHM share price? Thank you.

Q: Since mid 2013 SLW has bounced several times between $20 and $30. I bought it at $20 with the intention of selling at $30, and held on only to land back down at $20. It is approaching $30 again, and I am yet again hesitating over the sell button (not a trader!). Do you see anything different in the stock that might push it up over $30 this time?

Q: Peter and team:

Would you consider buying IT at these levels (including today's spike up)?
Of the forest group which stock would you recommend buying at current levels: WEF, Interfor or West Fraser? Or any other? Is there an ETF for this group?

Thank you for great feedback, SS

Q: Hi Team,
I was considering buying this ETF for yield and relative safety for the next couple of years. Can you share your thoughts. I am assuming that it has declined because the recent BOC rate cut?

Thanks as always for your reply.

Q: Peter:What are your thoughts on Microsoft's results. Is it a buy ? Thanks.

Q: I am looking to enter the US technology space with names like Apple, Microsoft, Google, Intel, Oracle and Cisco. Are present valuations attractive and in what order would you rate them or is XLK a preferable alternative?
In Canada, PHM has had significant volume recently - how does its valuation look now?
Thanks.

Q: For Kelly looking for a US$ Investment Savings Account, this one pays about 0.25%.

Q: In reply to Kelly, we receive US Social Security and have it sent to our BMO US dollar account. No problem. Then we simply transfer it to pay our US credit cards, or into Canadian funds for use here as required.

Q: I purchased this at $1.00 last year in US funds based on a recovery in the US housing market and the stock has been declining since.

I receive positive news releases and 5i provided the following previous comments which more or less gave me some positive to hold on to the stock, however I am doubting whether I should continue.
Can you please provide some assurance here to hang on or sell.
Thanks in advance
Delavaco management look OK, although we do not have familiarity with them. It is fairly new, but has 844 homes in its portfolio, and recently announced some sales, with gains in the 50% range on purchase price. Its last quarter showed very little in revenue, but we would expect more concrete numbers going forward. It is interesting: management owns 25% of the company, and as a call in US housing it may work well. It is small and speculative, though, and mostly a management bet. It also will need more time to grow and monetize its portfolio

Q: Why was this stock halted this morning? Wasn,t quite expecting us drop? Thanks I advance, Cliff