Investment Q&A

Q: Hi Peter and team

I have watched Chem Trade logistics (CHE.UN)for years and it seems extremely well managed. I have it owned off-and one for a long time. I bought about 4000 shares in 2009 at a very low price and then foolishly sold out for a double at around $7- $8. I then realized my mistake and re purchased it around $15. The share price has not done a lot since but the dividends have rolled in without interruption as they did right through the 2008 crisis. Currently it has a %7 yield and a payout ratio of around 50%. It is now looking at a very big deal with General Chemical and may have to compete with some big players like Apollo Global to pull it off. So my question is (i) what is not to like? and do they have a chance to pull off this latest deal in competition with the financial engineers / hedge funds. I would appreciate your opinion on their prospects including their continuation of the old trust structure. Thanks

Ross

Q: Re WFT: Could you please shed some light on why this stock is down over 10% since peaking after earnings. I cannot find any news. Thank you

Q: Seems to me that if you can identify a fund with a good manager at inception, before they are swamped with cash, then you can do very well. Over the last while we have seen a Raymond Jeffries fund top the charts and more recently CI Canadian Growth. Are you able to identify and recommend similar funds when they occur?

Q: Hi Peter. I'm thinking of adding True Gold Mining (TGM)to my PM portfolio. My philosophy is to "invest in management" in the PM sector.
I'd appreciate your thoughts on TGM as a developer in West Africa.

Q: Hi,

I like to get your feedback on ARII. Looks like a good sector/stock in a booming economy.

Q: Fairfax just bought a controlling interest in the Keg - does this have any impact at all on the Keg Income Fund? It looks to me that this is a non- event for the Fund. The fund is up a bit today and a lot over the last month - is it a sell now?

Q: I am going to buy one of the following banks...National, TD, BMO, CIBC or BNS. Any frontrunners in the group and what do you expect dividends to do in this grouping?

Q: Peter and Team,

Thanks for the quick answer on KGI. This is just a quick follow up: when looking for other "high torque" names, I was thinking outside the gold sector. Maybe something like Amaya Gaming? Maybe something else?

Q: Peter and team,

Can you please provide thoughts on the management changes at Kirkland Lake Gold (announced today)? I've owned this for a while now and have been beat up being patient. Now I see some key people like Mark Tessier leaving and I'm curious if I should look at this is the time to accept the loss and reduce my gold exposure.

Of course, I'd like to replace it with something that has huge torque and can win me my money back with no risk... any thoughts? (Just kidding here, of course but I am happy to take any idea!)

Q: I am retired and looking for monthly dividend income with stocks that keep up or outpace inflation in the future. Other than WCP which I have purchased -thanks to your advice- what would your top batch (say 5to 10) such stocks be )
Thanks very much

Q: ERF -T seems to have attracted a following.
Care to comment on its suitability in a growth and an income portfolio?

Q: What is your opinion of the "drillers"? Particularly those companies operating in Pennsyvania and New York. Have read a number of reports relating to increasing drill rig numbers.

Q: Hello to you all. I have a couple of Canadian banks and I am looking to add a american small bank. Do you have any sugestions? I already have a small position in Bank of America. Also do you think that Citibank will ever do a split back. I had some in 2009 when my shares where cut 10 to 1. Thanks, I appreciated your responce. Carol

Q: Hi Peter and Team,
Do you have any plans to establish reports on small to midcap Canadian E&P energy stocks next year? I have a basket of such plays that include WCP, SGY, RE, BXE etc... as part of a diversified portfolio. Do you consider this sector will quickly catch up to it's American counterpart once the differentials between Canadian and American crude improve. This service you offer compared to anything else out there has been outstanding. Thank you and keep up the good work.

Peter

Q: hi , would you happen to have info or an opinion on excellon res. - exn

Q: I bought shares in Annaly Capital Management NLY a few years ago when RBC seemed to be giving it the nod. The high yield was attractive and it did OK for a while, but it's down about 37% since I bought them. At current levels, they form about 3% of the value of my wife's and my registered investments. Is there any hope for an upick, or should I just sell and move on? It's depressing looking at that -35% figure in the Gains/Losses column.

Q: What do you know about sphere 3d , would you buy it. Dave

Q: Hi 5i: There seems to be no consensus on the definitions of the sectors that an investor should represent in a portfolio. I have seen lists that range from 10 to 20 such "sectors". What sector definition do you use? Also, what software system do you use to identify the sector to which a particular stock belongs? I ask the latter question because I use RBC Direct which, for example, puts IPL in the Energy sector while most other sector systems I've looked at class IPL as an utility.

Q: hello, sorry to say I have not been following you people as closely as I should have been!! but will rectify this. I see SYZ from the chart has had a nice run. I like the company profile, in your report. Are you still bullish on this stock? Also, do you see any near term catalyst to drive it higher? I am looking to take a position in it, with a little retrace, as of Fridays close..............Thank you, I like what you guys are doing

Q: Will you pl suggest ten stocks with strong fundamentals we can buy during the upcoming tax loss selling season Dec 2013 for substantial gains in one to two years time frame?