Investment Q&A

Q: A recent SeekingAlpha article argued that CLCT will be forced to cut its dividend by about 70% due to poor cash flow. What's your take?
Thanks!

Q: So in mid 2013 I bought 500 shares of this at $18.50 a share. Wanting to protect my gains, I got stopped out of half my position in Jan at $38.50. Of coarse its now over $44 and is a media darling with a Globe investor 5 star rating, a favorite of Gordon Pape's newsletter and yours. I think it is ahead of its self and I want to know if you think its still good value and if further profit taking is prudent or if I should average up here. It's only a 1.25% holding for me now. I am wondering why the PE is showing a whopping 262? Thanks

Q: What is a derivative in the financial world? I have heard that derivative values issued worldwide are enormous, in gold well over 100 times the value of all physical gold existing. Are we facing a bank problem with these entities that will repeat the subprime mess again?
Mark Stewart

Q: Have sold into this ?relief rally ---sitting with $ 100,000 cdn . If the cdn $ is going to go back down to 64-65 range --Would conversion of CDN cash to US cash --at least 1/2 of my position---waitfor the correction to 65 range --then convert back to CDN $
--as long term I feel CDN market will out perform Us --later this year ---? comment

Thanks ---Don

Q: should i sell these at a low or just wait it out . i was a member of a newsletter and have come to the realization that i have been sold on some stocks by a good pumper and know he may have sold these and is pumping some different stocks i have lost a lot of money .what would you recommend for along term hold that has potential to get a bit back. thank you!

Q: In my overall portfolio covering all sectors, I had 4 equally weighted stocks in the industrial sector (BIN, CP, WSP and STN), but recently sold BIN. I'm considering selling CP as well and adding one or two other industrials to go with WSP and STN for a longer term hold. What do you think of this approach, and are there a couple of stocks in this sector you would recommend, in order of preference? Thanks

Q: Your general thoughts on the company (growth prospects, balance sheet, etc.)

Thanks!

Q: Hi Peter!

What broad market and sector specific ETF's that are currency hedged would you recommend for the US market for a 2 year hold?

Ian

Q: Hi Peter & Staff: I purchased this last Nov 18/15 @ $55.58. TD rated the stock a good buy and a positive future. The stock is now $37.51 - down 32%. Is this a dud? Should I sell? Any hope of the stock returning to $55.00 or $60.00? Thanks for your opinion.
Ron Noble

Q: Bonjour, do you recommend this company for capital appreciation and stability?
Merci
Ronald

Q: What is you opinion on this stock? Is it a but here or has most of the upside been realized in the run-up since last fall?

Q: My bank adviser recommended this fund. It has gone from $30 to $50 in the last 2 years. I see a MER of 3.10 and it has back end load.
Can you tell me how this back end load works in general and what you think of this fund? I wonder if there is a little bit of conflict of interest here because the bank sponsors this fund.

Q: Good morning Peter and Team,

I came across a website listing "Canadian Dividend Aristocrats"
http://www.topyields.nl/tsx-canadian-dividend-aristocrats/

Looking at the Payout Ratio column, I see that negative and over 100% payout ratios are shown in orange, and I was surprised to see BYD.UN with a payout ratio of -26. My understanding is that a negative payout ratio means that a company is losing money while still paying a dividend. Surely this isn't the case for Boyd - one of my stellar performers! Could you please clarify? Even ENB shows a payout ratio of -534 (!) which seems absurd. Is it possible that the data on this website should be taken with a grain of salt? Finally, could you please recommend a website that shows (hopefully) accurate payout ratios, if in fact the ones shown on this site are incorrect?

Thanks for your continuing advice, recommendations, and learning opportunities.

Q: In your reply to Bod today re the recent weakness of MG,you indicated hat it maybe due to concern in Europe on banks & economy.Does that apply to Atd.b as it recently made a acquisition in Ireland.Appreciate your usual great views & services.

Q: Hi
I am thinking about parking some money in the new EQ digital bank. Any concerns?
Thanks,
Gary

Q: Good morning Peter and Team,

In yesterday's Globe & Mail, Rob Carrick wrote an article "Why it's time to take a tougher stance on dividend investing". He concludes by stating: "Dividend stocks will have their role in this future of diminished results as lower dividend increases hold back share-price gains. Dividend stocks will still offer competitive total returns, but not like they used to".

Going forward, do you agree with his thesis? Why or why not? What sector or individual dividend payers would you recommend so that we can be somewhat 'insulated' from this trend, in case Carrick is on to something?

Thanks as always for your timely advice.

Q: appreciate your comments on recent financials and your overall thoughts on the company..
ed in montreal

Q: Hello,
After reading your recent recommended link on bear markets in Canada by Raymond James, I have a question involving his recommendations at the end. I've been following your Balanced Portfolio as I find it suited to my risk tolerance. I was planning to just weather the storm with it, maybe purchasing more during this down time. However, is it recommended to also diversify into bonds and gold, as the article recommends?

A second question, in the same vein, is regarding porfolio management more broadly. What are (and where can I learn more about) particular asset combinations that historically have had higher returns in the long term for any particular risk tolerance?

Q: As they both have corrected, which company (if either) would you prefer here in relation to yield, valuation and any privitization/takeout optionality? Thank You.

Q: What do you think of this equity for a rising stream of retirement income?