Investment Q&A

Q: I saw this article and feel it may be of interest to some members:

http://www.collinsbarrow.com/en/cbn/publications/steps-entrepreneurs-can-take-under-the-justin-trudeau-government-tax-flash#.VjjOoZC6m2g.linkedin

Q: Hi Peter, At first I want to say that I did not listen to your advice on portfolio diversification and allocated 25% of my portfolio to Concordia by averaging down when it was going down. My average cost is CAD$44. I am now down 18% as CXR is down 8% today. I am very uncomfortable with this, I have other 46 stocks having 75% of my portfolio(most of them from your growth and balance portfolio) and then I have CXR which is 25% of my portfolio. Question to you is this: 1. Do you know why it is down today(could not find any news or downgrade)? 2. Is there any catalyst coming(except quarterly result on 10th November) 3. I see its volume is below average last couple of days, do you think professional money manager will buy this name again? Or how and why the price going to go up? 4. How do you want me unwind the position, I don't want to sell now as I am 18% down, should I sell when the price comes back up to my average cost? 5. I read the report by Ryan and all other analyst reports on CXR and it convinced me that there is significant upside to this name, so should I hold it? This is in my taxable margin account.

Q: Q3 results - comment please.

Q: I am considering adding another financial, and am looking at either CIX or IGM (Investors Group). I am retired and invest primarily for income, with dividend sustainability and capital preservation ranking above growth. Which would you choose, and why. This would be about a 2-2.5% position.

Thank-you

Q: When you look at the quality of a company, how important is looking at Return on Average Equity?

And can you please tell us what the ROE for CSU is in the latest quarter they announced?

Q: I'm curious to get your opinion on this company.
Ed

Q: What are your current thoughts on Twitter?

Q: Please provide view on Starbucks. Looking for a long term steady hold like Disney or Apple. Understand it's expensive and paying a premium but is it worth it? Thx

Q: i would like to increase my US holdings by adding an etf that is concentrated in the technology and consumer discretionary/staples sectors. I currently hold VUN which is my only exposure to the US market. I realize that these sectors are covered in VUN, but have very small weightings. Does this seem like a reasonable strategy? Would you please suggest such an etf, preferably on the tsx.

Thank you

Q: The price has fallen to the $5 range and to about .5 of book value. Appears to be oversold. Time to buy?

Q: i am selling a real estate property and want to put those funds into real estate and infrastructure investments.my question is in your opinion what is the better 10 year investment between a private limited partnership fund or diversifying between reits and public infrastructure companies on the open market.I understand about liquidity issues with the former and market sentiment on the latter.I would just like to hear your opinion on what direction you would think is best to take in this case?

Q: HI Ri , my question is regarding KSK (KIska). I know it is a very risky stock in a very hated sector. But i would like to know your thoughts on their business plan going forward. What do you think of the agreements with Teck and First Quantum ? Will KSK survive this trough ? Is management competent or would like to see them doing things differently ? thanx Norm

Q: I have owned this company's shares for some time but am now questioning the rationale for keeping in my portfolio. Earnings growth appears to be slowing and below the industry average and it has one of the higher PE ratios in the investment services industry. Technically the shares have been an a steady decline since mid year. Expectations of getting a banking license may have moved the stock up but the apparent market consensus seems to indicate otherwise. The company is in your model portfolio. Why? Is it speculation that the licence will be approved because fundamentals may not be supporting the current price. As you review the companies in your model portfolio is this a keeper or one that could be replaced with another more attractive holding?

Q: Hi Peter and team, How important are Moody's ratings? What are your thoughts and do you agree?

"Moody's Places Bank of Nova Scotia's Ratings Under Review"

https://www.moodys.com/research/Moodys-Places-Bank-of-Nova-Scotias-Ratings-Under-Review--PR_337955?WT.mc_id=AM~WWFob29fRmluYW5jZV9TQl9SYXRpbmcgTmV3c19BbGxfRW5n~20151102_PR_337955

Thank you!

Q: Re Peter's Tsx.Switch to any discount brokers of the big 5 can.banks for real time quotes.I use CM---$6.95 per trade,detailed reports on companies including consensus target price,daily technical analysis etc.Search & you may find that a promotion by 1 of the big 5,which pays cash or some free trades for a certain period.All the best

Q: If an investor is comfortable with owning a stock at it's current price but wants to utilize a tax loss, they can sell the stock and then write a January put option on the sold holding. They collect the premium and if put the stock, have a lower adjusted cost base. If they are not put the stock, they can choose to buy it back or not.

Q: I bought H&R a couple of years ago and ok generally with the performance and growth in underlying property value and debt management. I'm curious why they haven't increased the monthly distribution in 2 years given that their FFO payout is under 70%. Any word or planned update to your rating for H&R? Thanks in advance.

Q: What does it take for a stock to split, i.e. BCE? Has it split in the past, and do you think there is a possibility it will split again in the near future? Thank you.

Q: Which stocks do you consider most to benefit by the " proposed " huge Federal spending on infrastructure? I thought SNC, STN, WSP, ARE, might be good candidates . Do you think ARE and WSP already have had their run( ?)
Please give plus/minus assessment in term of promise and quality; and commnet on any other that might compete with these.... Thank-you

Q: BNN said today the stock which is yielding more than 7.5% at $26 may drop to $13. Barron's is forecasting a price of $20.
What is your opinion going forward? Is it a sell or hold at about $26?
Is the dividend safe?
Thanks