Investment Q&A

Q: I have had good success with industrial reits, having held DIR.UN for several years, and having 2 other industrial reits bought out over the years with nice profits. And then there's NXR. A more recent purchase and clearly a mistake, as it is currently the highest percentage loss in my portfolio (fortunately a small holding: only about 1% - but was about 1.5% initially). Question - do you see any hope for this one, or better to just move on now that it has shown a little strength? This is in an RSP, so the loss can't be claimed. I would like to take advantage of the current relatively high yields in some better-quality names to hopefully make my RSP a little less prone to this kind of loss.
Thank-you

Q: Do you see QSR as a buy now? If so, are there other stocks in the same sector that you like better? This would be for a medium to long term hold. Thanks.

Q: The question today by George has made me question my investment set up....specifically about CDIC and FSRA insurance. I think you discussed deposit insurance in prior questions, but I can't find them.

I have the bulk of my investments with RBC Direct Investing (all of my equities), half of my fixed income in an Insured Annuity with the other half with Fisgard Capital Corp (FCC is a mortgage company). Between my wife and I we have 3 RRSPs, 2 TFSAs and 2 Cash accounts at RBC. At FCC, we have 2 RRSPs and 2 Cash accounts.

I think my set up is fine, but thought I would check to see if there are any holes.

Q#1 = what is the difference between CDIC and FSRA insurance (never heard of the latter)?
Q#2 = is the insurance related to the financial institution going belly up?
Q#3 = is there a "coverage" difference between the asset class? Like equities vs fixed income?
Q#4 = is the $100,000 coverage for each account (like RRSP, TFSA, Cash) or by account holder (husband vs wife) or by institution (RBC vs TD)?

Just to throw this out...would it be an idea to have a blog on this topic? I think it might be too big a topic to cover in this question-answer format. If you've already done one, please add a link.

Thanks for your help...Steve

Q: With the recent report showing that retail sales seem to be slowing, how vulnerable do you feel these companies will be to downward share price pressure - and your best guesstimate as to what degree and for how long?
Many thanks.

Q: Can you please comment on ECN's recent quarter which the market does not seem to like. Are you still positive on the name, and if so why and if not, why not. Finally, on a scale of 1-10, (10 being your top picks) for small cap Cnd growth names, where in the pack would ECN fall. They treated me very well for the first few years but have struggled after the special dividend and I am now worried that my expectation that they repeat their previous performance may be ill placed.

Thanks for the objective view

Scott

Q: For a 5 year plus hold, could you please compare WELL and LMN. Which one would you recommend?

Q: Hi - thoughts on where Teck’s share price goes from here? Not much of a bump with the announced sale of the coal business to Glencore, Thought we might have seen a bit more of a move up / premium on the sale. Are there any other catalysts that you can see at this time that may cause the share price to spike? Feels like things may just drift downwards/sideways for a while, especially with the cost overruns that were announced last month in other parts of their business.

Q: TECK made a big move today, selling their coal business for $9 B (US funds). Wondering what you think of the deal, and more importantly, what do you think of TECK.B as an investment now that it will be divesting the coal business. The stock rose about $3 initially on the news, but then fell back to just below the previous close, so clearly, some people were not impressed with the deal.

Q: Hi There, regarding ECN and your recent comments, so I take it you are willing to hang on for a few more quarters then? I know you’ve always spoken highly of Steve Hudson and his abilities. Also didn’t they give notice earlier this year about a “Special Review” or has this come and gone with no results?

Ok thanks!

Q: What probability would you put on another dividend cut for AQN?
Thanks as always.

Q: I'm thinking of buying BIPC or BEP. in my US account. Do you have preference between the two and if so why. Also could you provide me with their current and forward PE's. Thanks for your help.

Q: Can you comment on KEG's latest earnings? Is this still a HOLD for income? Bob

Q: Down 12% .is it time to panic or worth keeping for a comeback with a decent dividend? Your view on oil now? Thanks Larry

Q: Re your answer to Terry Nov 3rd. Q: previously, you have described the effect of high rates depressing dividend stocks, and increasing yields. In your answer to Terry you describe markets rallying due to a rate pause, followed by a decline as rates are cut. Will dividend stocks rally and then decline in the same way, or will the attraction of the dividend cause them to behave differently. Are dividends currently at their high point or will yields be even higher if/when the market declines during/after rate cuts.
Thanks Peter.

Q: Your comments on NPK's latest results would be appreciated. Buy, sell or hold?
Thanks
Larry

Q: I have held WELL for 3 years and am down 38%. They are down 13% in one day today. Is there any rationale for their inability to sustain any positive momentum ?

I am starting to think there are better opportunities in a small cap area given the positive data we have been receiving re: inflation / interest rates.

If one were to throw in the towel on WELL do you have a few suggested replacements?

I am not a fan of dollar cost averaging on a stock heading down and currently feel I should cut and move to a better performing stock.

thanks

Q: Can you give a current comment on your favourite name between CPRT and ODFL.Thank you

Q: looking at 10 year bonds in these 2 companies...if you had to choose one, from a credit quality point of view which you feel most comfortable with...many thanks...Cheers

Q: Hello 5i,
Given that interest rates appear to have peaked, please rank the above list for:
1. Growth only
2. Your buying preference.
Thank you
Dave

Q: What's caused the sell off today?
Davi