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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: You guys seem down on COV.
They had said that the $100M Saudi contract would be in the second half of the year and now they said it is delayed a quarter. As a result, they needed money and did a private placement at a low price which is a misstep.
It is not unusual to have a delay with a contract.
If the contract comes to fruition, is there any doubt that COV will not get to new highs or am I missing something bigger?
Also is there still a doubt that the $100M is in jeopardy because of the former employees actions?
Thanks
Read Answer Asked by Herm on August 23, 2019
Q: Hi, my question is about an RESP concerning two grand children, I was told, open one account and include both children in the said accounts, does this make any sense, and would you still get two seperate grants.
Thank's so much, James
Read Answer Asked by James on August 23, 2019
Q: I have owned this stock for 10 years - 1000 shs - small position in portfolio - my cost base is approaching zero due to all the dividend increases over time which I reinvest in other opportunities. I also own 1000 shs of T which I bought 3 years ago when they were cheap. I notice that BCE pays out almost 100% of profits in dividends; so, I assume based on FCF the picture is not quite as bad? I was thinking of adding another 500 shs of BCE? I also own: NFI, TCL.A, BMO. CB, BNS, TC, ENB.IFC,BIP.UN - all in non-registered account. Or should I add to NFI & TCL.A after they report in Sept. - bought these 2 last year and have not done well - I can hold for the long haul.
Read Answer Asked by James on August 23, 2019