Investment Q&A

Q: Good morning,
1) I am confused with the reported pay out ratio for BEP.UN. I know you have it in your income portfolio and you have stated cash flow for it is a better indicator. However, when researching various sites MSN has it at 112%; Financial Times at 257% and ycharts at 72.69%. I saw one had it at 545%. Would you mind solving this for me. What does your research say?
2) You recently provided an answer to me regarding "BUYS" in the Capped Utility sector.
What would be your top 4 "Buys' ….. long term, income.
Have a great weekend
Paul

Q: I have held PKI (Parkland) for some years now and am interested in your thoughts on holding the stock for at least another year. Also thoughts you might have on FRU (Freehold Royalties) on holding for another year and ditto for BCE (Bell Canada).

Q: WEF. Western Forest Products is off its highs close to 30% now. The RSI suggests it is oversold.
Would you agree? And would this be a reasonable time to add to my existing position in this stock?
I am still up nicely over the last year and have been looking for an opportunity to add.

On the other hand do you think some of the "steam" is out of the forestry sector?

Thank you.

Q: I have a few stocks on my aggressive watch list that seem to have a lot of momentum. I would like your opinion of them before I consider entering a position. They are BOSS Airboss, MAL Magellan, IT Intertain, VCM Vecina.

Would you know why points PTS has dropped off considerably over the last few days?

I'll be keeping an eye out for your answer.

Thanks again,
Dennis

Q: Hi Peter and Team,

Can you give an update on Norsat International, NII.

Q: Greetings, Peter & Co.
I appears that my previous question did not reach you so I will resubmit it and add another to it, if I may.
1. I am looking to profit from the aging 'boomers' by investing in a healthcare REIT. One possibility that I have found is Northwest Healthcare (NWH.UN)which has a very decent yield. What is you opinion of this stock? Would you recommend an alternative?
2. I would appreciate you analysis of Spartan Energy (SPE.V). Is it a buy at $4.00?
Thank you for your invaluable service to small retail investors.
Ed

Q: What is your opinion of Amerigo Resources Inc.(ARG-T)? Would you consider it (i) a strong buy; (ii) good entry point?
Many thanks,

Q: Your thoughts on Journey IPO at $12?

Q: Greeting, Peter & Co.
I am looking for a healthcare type REIT which could benefit from the demographic shift coming from the baby boomers. I am considering Northwest Healthcare but I would value your recommendation(s) for this sector of the market.
With appreciation.
Ed

Q: Hi Peter,

Could you please provide comments on the "Advantaged Canadian High Yield Bond Fund - AHY.UN? In particular, do you believe it is better than other bond funds?

Thanks, Darlene

Q: Hi. I have bought the stocks in your model income portfolio. Now I am looking to add a few from the other model portfolio to add some sector diversity and a bit more growth potential. I am thinking of CCL.B, CGX, CSU, SJ, MDA and CCS. Can you suggest any additions/subtractions/substitutions to create a better mix? I won't start using any of this money for 7 to 10 years, but would like to error on the side of caution rather than being too aggressive.

Thanks for your help.

Craig

Q: Hi Peter and Team,

Quick thoughts on First Citizen Banc Corp, FCZA.

Q: What are your thoughts on CCO Cameco and their large decline

Q: Hi Peter and Team,

Quick thoughts on Assured Guaranty, AGO

Q: Good Morning,
Value stocks seem to be making the news lately and I was looking at the ishares msci eafe value etf (EFV). Can you give me your thoughts on the etf and also your thoughts on value stocks in general?
Thank you

Q: I've held MO in my USD portfolio since Oct. 2012 as a conservative play: up nicely in last little while for no reason I can tell; ergo, I am thinking of selling? It seems over bought at current price.

Q: Hi Peter and team,

I know you are generally adverse to options but they have been a hugely useful tool in getting incremental leverage in my TFSA, which is otherwise constrained by the contribution limit.

I keep my options exposure relatively small, typically <20%. I currently hold OTC and CWB, but am looking to add a US bank and maybe a second US position that is rock solid and could give a small call option some torque.

Which bank would you recommend? Does anything juicy come to mind for the second position?

I am educated on these tools and am comfortable using them, so please don't answer the question with an overly apprehensive stance :)

Mike

Q: Good morning, could you offer your opinion in GTE, it seems to have dropped over the past few weeks. Is this the consequence of their recent announcement with Madelena Energy? How do you view their potential for growth? Thankyou.

Q: Hello 5i!

I have a relatively balanced portfolio mostly of Cdn stocks recommended by 5i. I would like to have a little more US exposure and I know its not the focus of your research but looking for a couple names that you would recommend for me. 2-3 year horizon or more. As always, thanks for the great service.

Q: Need your detailed analysis with this one. Looking at the latest quarterly earnings from SNC-Lavalin, most of their net income comes from what they call their ICI or Infrastructure Concessions Investments which consist of the recently sold Altalink and 407ETR (to name two.)

The former management took a strategy to diversify SNC income precisely to ensure a more predictable income quarter to quarter rather than the more risky and fickle revenue that comes from the Engineering and Construction side of the business. So, while they have a new strategy and now 3 billion more dollars, my concern is that their dividend from quarter to quarter is in jeopardy.

It's safe to say that the SNC-Lavalin of 2012 is not the same company as SNC of today anymore, so how secure and safe is it's dividend with this massive change in strategy?