Investment Q&A

Q: Hi Peter & associates:

I own 500 shares of GM in my RRSP, partly to gain some foreign exposure and partly because the dividends aren't subject to U.S. withholding tax within an RRSP. Given the federal government's recent announcement to unload its shares onto the market in order to help it balance the budget, is it a good time to buy more?

Q: Trading seems odd since the trading halt, any idea what's going on with this stock

Q: I own some FF 71/2% Aug 2019 bonds bought back after the financial crisis. I have a nice capital gain but I notice that since they are now 4yr bonds the bond price is slowly eroding. Should I sell them, I'm all about taking profits.

Q: Dear Peter:
BTSX in Canadian Money Saver by David Stanley and now by Ross Grant is one of my favourite series. Mr. David Stanley usually picks May 24 as the entry point. With the recent run up and potential bounce back in the energy/resources sector, is there a merit in structuring one's portfolio now instead of waiting till May the 24th? If I am going to wait for another 5 weeks or so, where do you think I should park the cash?
(I am in my 60s and hence my fascination with BTSX approach).

Q: Hi team;
due to the QE in Europe and the low Euro vs the US currency, some analysts on BNN suggest putting money in Europe
The above XEU and XEH, one is hedged and one is not
I would need your expertise to decide which one is the preferred one
looking at the lower loonie, many thanks,

Q: Any thoughts on FLR moving forward? Should I be concerned with FX headwinds?

Q: Hey guys,

I am really tempted to buy a half position in Corus, with the huge dividends and the way the market overeacted to the earnings reports. Forward PE seems really low as well.

What is your take on CJR.B today?

Cheers!

Q: I own shares of BRF.PR.A. On April 30th, 2015 holders of these preferred shares will have the option to convert to floating shares or retain them as BRF.PR.A. The floating shares will start trading on May 1, 2015 under the symbol BRF.PR.B

My question is: Should I convert to floating shares or not?
A leading expert on preferred shares advised today the holders of BRF.PR.A should not convert. I am looking for a second opinion.
Thank you again for your valuable advice.

Q: Can I have your opinion on these three? QSR trades on both TSX and US stock exchanges.
Colfax
Restaurant brand int.
Air products

Q: Hey Peter & team,

In my capacity as a UIC at our locale baseball assoc I had the occasion while watching a couple of young umpires, to chat with a dad who... is in a fairly prominent position with EA. He mentioned they have just enjoyed a record best quarter and that their next report (end of April) should be very positive.

Jan 2014 you discussed EA painting a fairly positive picture while admitting you do not follow EA closely enough to be able to discuss their strategy at length. You did say they generate excellent cash flow (which my new friend mentioned as well) and that they have quite a bit of cash on hand.

Stock is up 46% in the past year. Can you tell me what your thoughts on it now, if you feel it is expensive, and if you would recommend it as a buy.

Thanks for all you do

Gord

Q: I own 13 of the stocks in your growth portfolio. I previously owned 9 of these stocks in anticipation they would be in the growth portfolio.
my overall portfolio is up 22 per cent ytd which is amazing with half these gains coming since april 1.
my question is how much of the gains in the growth portfolio since april 1 are because of your membership positioning themselves in the growth portfolio. can you evaluate this, personally I think a lot of the gains are from this action. dave

Q: I heard it suggested yesterday that MBT will never be taken over because the system it uses is "not compatible" with Bell or any other. I have not noticed this point in any analyst's review. Is it a valid issue?

Q: Could you please compare the price-to-cash-flow (P/CF) ratios on BIP.UN, BEP.UN, IPL, AQN, ALA. I hold all of these. Would you sell or replace any of them? For example, I wonder about BAM.A instead of the subsidiaries? Thanks.

Q: CCL has been on quite a run lately but is currently trading ~ 19x forward earnings and estimates suggest a 10% growth rate. Do you continue to see any significant upside from here or has the "best before" been reached?

Thanks, Clay

Q: Hello Peter and team,

I own both IPL and ENB in a non registered account. I've done well with both, but am considering selling one and replacing it with Enghouse to add diversity. Which would you let go and would you add Enghouse at these levels.

Thanks

Q: Hi team!

I currently own Enghouse and would like to now if there is a similar company in the growth portfolio? Thinking of adding Open text(OTC) to my mix, but not if they both are too similar.

Or would maybe descartes(DSG) be a better option or something else?

ps..I don't mind riskier stocks because I am well balanced.

Thank you

Q: Both CGX & SJ have been trading just below their 52 week high the last few weeks & unable to break out.Both have a 18.5% & 22.5% increase in a year.What does this mean,especially from a technical standpoint?.Is it time to take some profit as May is nearby("sell in May & buy in Nov) Appreciate your usual great services & advices.Looking forward to seeing you on Market call on Apr 15

Q: Hi Peter and Team

What do you think of Constellation Brands now that it has initiated a dividend? It has risen quite a bit over that past few months but the chart still looks pretty good. Is the valuation reasonable?

Thank you!

Q: Have been watching this stock since since growth portfolio came out,it trades very little and when you put a bid in someone tops it by a few cents with a a 100 share bid.The ask and bid price are often fairly far apart.If I do eventually get some it may be hard to sell when the time comes.

Q: I hold both of these ETF's. In the same account. I suspect they are essentially quite similar , can you point out differences? Great service as always, we are all appreciative of your guidance.