Investment Q&A

Q: Further to Antoine's question, first valeant, then Davis Henderson and now Boyd is down 10% today due to rumours of a short selling report about to be published. This is ridiculous. I have positions in all 3 and now down significantly. I can't compete against insider manipulation and human greed. I will be reducing equity holdings and increasing GIC's etc. The stock market is not regulated enough to create an equal playing field. Any advice on Boyd is appreciated. thanks

John

Q: Boyd down over 10% on the day and still falling. What is going on?

Q: Another Canadian roll-up targeted by shortseller. Boyd Group hit today, chatter that is on short attack $BYD.TO.
Frustrating --to say the least on these rollup companies

Q: Hello Peter and Team. Could you please provide any insight or views? Shares continue to gap down with every passing month since its summer highs. EFN has been a darling in the CDN financial space. Is there expectation for soft earnings?
Thanks

Q: Hello team, Any reason for the big drop? Any chance EFN can also be a target of the "short sharks" due to it's big debt?
Thank you!

Q: Hello Peter & 5i team,
First Valeant, now DH Corp ; what is going on ? We are facing a very unhealthy investment environment.
It seems that Canadian Securities regulations are not as constraining as those in the USA and short sellers take advantage of this with impunity ; but it obviously will take ages to sort this out.
In addition to that, it also seems that short sellers have a template approach to identifying vulnerable companies in Canada : (1) higher reliance on growth by acquisition and less on organic growth, (2) higher relative debt level, (3) complicated and less transparent ownership structures. Valeant would fit the bill, but DH ?
Both management teams have intervened, but to no avail : DH was up today by 11% at the open but is now down 5% in mid-morning.
I am exasperated by the situation even though the portfolio of stocks I currently own is up by 10% so far in 2015; however, making a major overhaul of the portfolio in reaction to the current environment would smack of paranoia.
Your soothing comments would be most welcome.
Regards,
Antoine

Q: Is EFN about to be the next company hit by a short sellers report. Price action is not indicative of any other related market events other than the next Canadian company in line.

Q: would you recommend buying dh here?

Q: Is this a good time to be buying DH? I have 4.6% weighting of this stock in my portfolio

Q: Could you update on Midas Gold
Thanks

Q: Your comments please on the above oil co. thanks

Q: Can I have your comments on DH's earnings?

Q: Q3 results. Please comment.

Q: Hi,
I first have to say that I own this company stock. I also consider it the most creative and the most exciting industrial company today since my inroads with Kelso.. It also trade at very low price for it's future potential in my opinion
I think everybody should have a look at this company. They have released today a General business update that is worth at least reading.
I do not want to be perceived as a stock pusher, so as usual it is absolutely up to you to release.
It IS a microcap of course also!
Claude

Q: Hi Peter
I'm trying to find an ETF called "ishares trust Shs s&p GSTI technology index fund (IGM)" mentioned in the Globe today (Monday) as an upgrade. The only IGM I found was a financial company. I assume they are not the same company. Are you able to help me? If so, what do you think of this ETF.
many thanks.
Cam

Q: What will be the impact on WEF with the expiration of the softwood lumber agreement? Thanks
Derek

Q: Hi, I have owned McGraw Hill on the NYSE in US$ for several years and am hovering around a 300% increase (not including dividends). I'm fine to keep it as a steady-eddy but am thinking of selling half to buy DIS, especially before Star Wars is released in December. What do you make of that plan?

Thanks,
Robert

Q: I have a large cash position and I am giving consideration to purchasing VCE Vanguard FTSE Canada Index and and VFV Vanguard S&P 500 Index rather than purchasing individual stocks based on the premise that generally indexes outperform managed funds and are less costly to manage. I would buy 60% VFV and 40% VCE. Would appreciate your opinions. With thanks, Bill

Q: Peter, can you provide any comments on my Consumer stock allocation. Each of the following stocks represent between 4 and 5% of my total portfolio: AYA; ATD.B; BYD.UN; CCL.B; DOL; and L. Please let me know if there are other Consumer stocks I should consider.

Thank you, Stephen

Q: These are both financing companies and I'm trying to choose between them. You seem to like both. While Alaris has a pretty appealing dividend, I'm more interested in what my total return might be after 5 or 10 years, and less in how it's comprised. Which of the two might you suggest? (If one seems lower risk than the other, please factor that into your suggestion.) Thanks as always.