Investment Q&A

Q: What are your thoughts on the bear report? Seems to me they are making some compelling arguments. The loan loss provisions are extremely low when you would think they would be higher considering sub prime clients. Also, the deposits are 80% GICs... if there was something that spooked them they could see capital drying up. Let me know your thoughts on those two comments. Thanks

Q: It seems that every time Home Capital starts to move up a little there's another short attack to push it back down. I know you rate it quite highly, but is there really a future upside? I've held it for 2 or 3 years now, and am getting tired of waiting.

Is it better to replace it with another name? I already own FSZ, BNS and TD in financials. Thanks

Q: Mvn keeps drifting lower. Is this one headed for extinction?

Dennis

Q: Tnc has pulled back each of the past two days on decent volumes. Do you know why?

Dennis

Q: Do you think Parkland with eventually be reclassified to consumer staples similar to couche-tard if they keep purchasing convenience stores? Would they have to divest their distribution business in order for this to happen?

Thanks,
Jason

Q: Time to purchase?

Q: Hi there, further to my earlier question - I saw on Market Call Tonight and that report was from the same short sellers that discussed CXR. Considering where CXR is today, should we be concerned about the future share price of HCG?

Thanks!

Q: Home Capital was once a 5%+ weighting in the Balanced Equity portfolio; now it is under 2%. Are you more inclined to add to the position here or cut and run, particularly since the P/F now has 23 positions and your stated preference is for 20? Also referencing the seeking alpha report is this a case of where there's smoke, there's fire?

Q: You mentioned in a previous answer that AVO would not get a premium valuation for a very long time. I was wondering if you can elaborate more on this? Is this because of the lowering of prices and also the dept increase?

From what I gather they are trying to increase their market share (which I think is currently 2%).

Thank You,
Andrew

Q: HCG getting clobbered again. Can't see any reason. Can you?

Sheldon

Q: 17% of my portfolio is in REIT,s. Is this to high a weighting or should I reduce. I am holding REI.UN, CUF.UN and CRR.UN. Equal amounts. If I am to reduce, which one do you recommend I should sell?

Thanks in advance

Q: What would you suggest replacing QHR with(staying in the same sector)? Do you have anything lined up as a replacement in the growth portfolio?

Q: Paul Colbourne continues to purchase stock in the open market. Another 65000 last week. My question is can the CEO still be buying his own company shares if he feels the company will be taken over or is PC buying because he feels the stock is cheap. His previous history speaks seems like he knows what he is doing.

Q: Good Afternoon,
There hasn't been any discussion in regards to Africa Oil (AOI) in a long time. Where do you see this name in a few years? Also do you still believe a sale of the company is their ultimate exit strategy?
Thank-you.

Q: I've owned this stock for a few years and it's done well. What are your thoughts?

Q: I am looking for growth + income and trying to identify stocks with a decent value position. What are your thoughts on Hammond Power Solutions? Do the recent earnings have a significant effect on the decision to buy and hold longer term (for me that's 2 + years).Thank-you.

Q: Could I please have your opinion on trilogy energy.

Q: I have a question about Manulife Floating Rate Senior Loan Fund (MFR.UN). It pays a monthly dividend of .0563 (annual div .68) at today's share price of $8.48 for a yield of 7.96%. Is this riskier than a preferred share? Does the floating rate change monthly? Or is it set annually or on a longer period? This investment could be in my RRSP or TFSA account.

Q: Memex Inc., OEE, is a small company that looks like it has a chance to grab a share of the Internet of Things platform for industries. Their web page lists interesting case studies with real corporations accompanied by many credible customer testimonials. It seems very risky and currently suitable only for mad money but it is one that might be worth keeping an eye on. No dividend but could be a growth story. Would be interested in your thoughts. Thanks, Phil PS Sorry, for all the repeats.

Q: Hi all at 5i... I have a query ....what is a better investment at this time..an individually owed, mortgage free, rental property versus a REIT? So I drew up a list...at least as far as I can see, ..pros and cons. The rental property...pro- I have a tangible asset which can generate a monthly income and hopefully appreciate in value over time. Con- I enter the world of becoming a landlord with all of its issues. There is the cost of the up keep of the property. The question remains, how much more will the property appreciate given the fact that the market is very high already. The REIT ...Pro... No landlord headaches...A steady stream of income...others that do the buying and selling of the properties held and a diversification of properites. Con...success of the REIT can depend on the management team, the market can fluctuate and interest rates can change and effect the valuation of the REIT. As far as my exposure to real estate, I,only own my own home and a goodly amount of stocks and bonds. A small percentage of the stocks are Reits. How would you weigh in on this...and could you suggest some Reits that are investment worthy. Thank you, Tamara