Investment Q&A

Q: Would you characterize holdings in RBC Emerging Markets Foreign Exchange Fund as part of the equity or fixed income portion of a portfolio? What correlation might this fund have with the movement of the Canadian or US stock exchanges? Is it beneficial for diversifying a portfolio?
Thanks
David

Q: ET declined 0.68(4.08%) on Nov 27 on low volume after doing well since recent low on 9/28.Reporting on 12/2. Any reason?,Did someone smell something about forthcoming report? BIN increased .50(1.64%) on 11/27 after recent low on Oct 26.Any reason? Is it time to buy? Appreciate your usual great services & views

Q: I am a conservative, dividend-income retired investor, with a well diversified portfolio, company pension and CPP.

I am looking for a conservative, blue-chip dividend paying stock in the consumer, industrial or technology sectors that pays a dividend greater than 3%. I currently own CGX, PBH, WSP, ZLB, XIT.

Thanks,
Steve

Q: Peter and Team:
My oil sector in a non registered account consists of BDI, PD, PPY, and SPE. (Down about 50% in all)I am willing to hang in for the long haul, but wonder about the ability of these companies to survive a sustained downturn. Could you please rank in order of "fiscal health".
Also what are your thoughts on moving out of this sector altogether to avoid "lost opportunities". Sector weighting is irrelevant in this higher risk frequently traded account.

Thank you as always.

Phil

Q: Peter and team: Currently holding Phm and GUD, (3%) of my portfolio.. I have thought of adding Concordia CXR, but am open to other names. Any suggestions?

Q: Hi Peter and team,
Crescent Point's assets mostly in Alberta or other provinces ?
Thank you for your reply.
Tak

Q: Hi
Do you think Exco stock will suffer any based on the recent Magna 50/50 venture with China on providinf seating to China companies?
Thanks
Kathy

Q: The stock is at a 7 year low reacting to Quebec government changing the tendering process for generic drugs. It gets some revenue from it Pro Docs
generic division. Is this an over reaction?

Thanks

Q: I’m presently thinking I just may hold on to my COS although I think SU is far better company to hold but I paid too much for my COS to sell it down here when I think when oil recovers so will COS with less shares being traded on a daily basis.

COS has a good Asset or SU wouldn’t want to increase their portion of the Oil Sands.

I think after the Offer closes if in fact SU gets enough COS shares submitted for them to accept them, there will be less shs of COS in the marketplace. It will likely drop off to about say $4.00 while oil is low and if it does, I’ll average down.

When Oil recovers so will COS. It won’t get anywhere close to what I paid but if I can average down when I think COS gets low enough to buy to average down I won’t lose as much as tendering my shs to SU.

COS can always do a New Issue to bring their shs to a half decent level besides giving them cash to benefit their operating expenses. SU isn't going to be selling so a New Issue may be successfully done.

This may just be the best thing that could happen favouring the COS shareholders.

Now give me your opposing argument to this flakey idea. Tomorrow I just may change my mind but at the moment I think I favour this idea.
Thx Fellows - don't be afraid to be brutally critical - in fact I'd appreciate it.

Q: If our new federal government does not change the TFSA contribution rules before the end of this year, can investors contribute another $10K on January 1, 2016?

New rules (even if I don't like them), I can understand: hence wanting to invest before it happens which I consider likely, albeit ill advised.

But rolling back the contribution limits after the fact sounds like an administrative nightmare; and inviting a nasty backlash and serious pushback from voters of all political stripes.

Thanks for your perspective.

Q: good morning....hap snedden recommended this etf...I like to put away money in my rrsp everytime that I have a years income in profits...I am 6 years from retirement and would this be a good place to store future income until needed...thank you for a great service.

Q: Any reason for the huge drop the last couple of days? Would you consider this a buying opportunity?

Thanks,

Paul

ps, the data given on my previous question for ENB came from google finance (not sure how accurate they are).

Q: I know you like this company and I'm considering buying it, but the negative EPS and ROE makes me hesitate. Do you see this as a minor issue and if so, why?

thanks,
Paul

Q: Please comment on latest quarter

Thanks

Q: Apologies for asking yet another TCN question (you always get company questions waves) but I'm trying to wrap my head around the current price with thoughts of adding more. Except for the recent ok quarter isn't it a perfect buy for w/most of its income in US$ and a bright young leadership ? Does the upcoming .25% interest rate increase change the landscape that much ? Thanks to you I bought mid $7s, sold ~$11 and then bought again last week at $9 which looked like support. I have no complaints at all; nothing but thanks; just trying to understand.

Q: With Progressive in the "Penalty Bin" more of less of late I was looking at buying. I note from a recent response that the cash flow per share is expected to grow at something like 30% over the next two years. What is the source of the improved cash flow - fuel prices have been low for a year, their route network must be somewhat optimized, I can't imagine that there will be that much more garbage and recycling or is it that they will just be spending less on maintenance and growth capital? Thanks for the great insights!

Q: Your only comment on AirIQ was two years ago (Dec/2013), since then the stock has doubled and appears to have turned itself around with a new CEO at the helms. Please comment on their Q2 F2016 financials. Management/directors have incentive with a good chunk of ownership (30%), as well, Mosaic Capital owns over 18% of the company. Do you any insights on Mosaic, would it be an accretive acquisition for Mosaic to take them out? Plunk on your nano “cap” and give me your opinion. ;) Thank you.

Q: I have an 81 year old friend who lives on CPP, OAS & GIS.......but has about $150K in a Bank a/c. Last Dec/31, his Bank convinced him to put $75K into a Laddered GIC @ $25k each for 1, 3 & 5 Year Terms. Prior to this, he simply had it all in a Checking a/c, NOT even a Savings a/c. He is very unsophisticated, with little education. I have arranged a Gift Annuity for him with Catholic Missions in Canada (CMIC) for $25K. In return for his Gift, he gets $1,580 per year Interest for rest of his life + a 1 Time $10K Tax Credit.
What can you recommend as simple investments for him for another $75K?

Thanks Kindly!

Q: Good Ryan and Pete,

Could you give me your thoughts on Tidewater Midstream and Infrastructure? Would you consider the people running the company to be competent managers and good value creators? Thanks!

Q: Hi Peter
I know you subscribe to not selling on news and holding on for corrections to correct themselves...has been good advice on many and saved some a lot of $9.99 fees by not being trigger happy and seeing recoveries. On other like CJR.B I am glad I did pull the trigger. For small positions in the 3 above that I am under water, I am wrestling with the ,if you wouldnt buy more,its a sell theory. I have some cash to invest and if I am not willing to average down by buying more of these three,are they then a sell or do any of them merit the "HOLD" recommendation?
Thanks for all you do
Dennis