Investment Q&A

Q: Hi,
If you were to sell IPL to rebalance into lower priced hodings within the same sector which ones would you reccommend at this time. Thank you!

Q: Gilead Science GILD.US had 2 pieces of good news today. UK government has approved its drug for Hepatitis C at the full price charged in the US. Roche had its patent challenge rejected. GILD has moved up by about 2% on this news and is up about 20% since the beginning of June. This is now about 10% of my portfolio.
I would be grateful for your comments.

Q: Between me and my wife, we have about 14% of the market value of our portfolios in 5 REITs: CUF, HR, AAR, TPH (I know, not strictly a REIT, but similar) and HCP-NYSE. Based on our cost the collective dividend yield is about 7.6% and we're up about 9% overall. Should we consider reducing our exposure to this sector (in light of possible future interest rate increases)? If so, which would you suggest we sell? Thanks.

Q: Peter -any current thoughts on AIG post ILFC SALE -and as such new balance sheet flexibility?ALSO-any view on CHMT -Chemtura -Kim

Q: Peter; I saw your June 26 comment on PD . I own some and am thinking of adding to my position after
its drop lately. Would you still be a buyer? Thanks.Rod

Q: Are you in favour of stop losses. I am thinking specifically of IPL which is getting quite expensive on a p/e basis. Thanks.

Q: Could I get your comments on ipl and ppl.Thanks Jim

Q: Re Long Run Exploration (LRE) - is this a good entry point? Tx

Q: While holding Health Lease HLP.UN til tendering, will the monthly interest still be paid? Thanks.

Q: I have about 21% of our portfolio in oil with full positions in HSE,BTE,CPG,WCP,SU and a half position in SGY. Today's paper had a column in the business section disparaging the oil sands. So I am considering selling SU, increasing SGY to a full position and adding one more oil. We rely on dividends for 50% of our income, so - 1. What is your opinion of SU? 2. If I do sell SU, can you recommend another decent energy stock.

Q: YOUR COMMENTS ON THE BLOW PLEASE
THANKS
YOSSI
Bellatrix Exploration: Deeply Undervalued And Likely To Achieve Significant Price Appreciation
Aug. 15, 2014 5:00 AM ET | 16 comments | About: Bellatrix Exploration Ltd (BXE) Subscribers to SA PRO had an early look at this article. Learn more about PRO »

Disclosure: The author is long BXE. (More...)
Summary

Bellatrix Exploration is a USD $1.3 billion market cap E&P with an average trading volume of US$3.3 million on the NYSE and $34.8 million with the TSX included.
Bellatrix trades at a discount to peers and must appreciate 76% to reach the median peer group multiples.
Bellatrix has net debt / Q2 2014 EBITDA of 1.2x, which is lower than 7 out of 10 peers, and affirmed production increases of 33%, which is higher than peers.
Due to increased firm service capacity, Bellatrix alleviated near term constraints on production growth. Their 2015 and 2016 gas plants will fully eliminate those constraints.
Continued increases in production growth, and a new PR campaign in the US will cause a re-rating of this stock. My 12 month price target is C$16.

http://seekingalpha.com/article/2425605-bellatrix-exploration-deeply-undervalued-and-likely-to-achieve-significant-price-appreciation?ifp=0

Q: Re EIF Exchange Income, are you still relatively positive on EIF after conference call? The market seems generally positive although the guidance for Westower remains a bit dicey with no improvement in margins until next year. Would you consider this high risk?

Q: The article from Bloomberg reflects my sentiments quite succinctly. I had bought AVO at $30 and is currently 3% of my portfolio. I am torn between diametrically opposite courses of action.
- The stock has tremendous potential but very risky. If I double my position, the cost base comes down and the percentage risk diminishes but the risked amount increases.
- I could hold on to my current position and I think the downside risk is a lot lower from this point on.
- Or I could take my losses and justify that not doing so would be an opportunity cost of investing elsewhere with lower risk; in case the gain in stock price is not substantial.
I ask your advice as a voice of reason. I have itchy fingers and very often gamble and very often the end result proves the old adage that I was lucky in love.

Q: I own CXS since 2 years in my TFSA and am down over 35%. Should I continue to be patient? I am tempted to use the cash to buy either PHM or GXI. Thanks for the excellent and invaluable service.

Q: Hi Peter, Ryan & Co.,

I came across this in a Rob Carrick column; you, and many of your members, might already have seen it but I enjoyed and thought that it might put a smile on a few faces for those who haven't yet seen it.
http://www.fool.com/investing/general/2014/08/12/an-honest-stock-market-update.aspx

Publish at your discretion, no reply necessary.
Have a great weekend!!
Cheers,
Mike

Q: What do you think of the ETF XIT? I dislike how it has a small market cap, holds pretty much only 4 companies, and has a high MER (0.6%) but I really like buying the tech sector on dips caused by broad-market scares. It is free to buy (and sell) in an iTrade account. Holdings: 23% CGI, 23% OpenText, 16% Constellation, 8% DH. And unfortunaly, 16% BlackBerry. Any thoughts about this ETF?

Q: I was considering take a position in IBG. Could you please comment on the latest quarter and would it be a buy at this point.

Q: Hi Peter, hope that you are recovering well for your trip. At this time, would purchase of 10% positions each of Black Diamond and Stella Jones for an RESP be ok ? Other holdings are 25% BNS and 25% Telus. Balance is cash. Buy now or wait ? Thank you, Paul

Q: Is there a reason that comments are disabled on the Avigilon blog article? Of concern to me, an AVO owner now in my late sixties, is that Mr. Fernandes, who appears to be in his early forties is thinking very long term with this company if earnings are of secondary importance to product development even going out years. How long will I have to wait for payoff in my underwater investment?

Technically I see that if the stock breaks support at $17.50 next major support is $12.50 established 2012-13 on much lower volume. Perhaps it would be better to cut and run here then wait for a bottom to re-enter. Would you agree? Thanks, J.

Q: Hi Peter What is the catalyst that keeps pushing IPL to theses levels I have a large 7.5% position and I think I may trim.
Regards Stan