Investment Q&A

Q: Hi 5i
Down 50 to 75 % on these guys. They were less than 10% now around 6% of portfolio. I held on thinking they might recover more than any other place I could put the money. Your opinion please buy , sell, or hold.
I did just buy some Vermillion in the sector.
Tks Stan

Q: Which one of the two would you perfer?

Q: Hi Peter,

I have followed this energy play for many years. It looks immediately in the buying range from what I see considering a 5 year cycle. What are your thoughts on this one or alternatives to it? Thank you again.

Q: My question is regarding ENB preferreds. It would seem they have all been subject to a sell off. Do you know the reason and is this a buying opportunity? I hold two of the issues and would seriously consider a top up.

Q: Hello Folks:
We have owned CSX for a number of years and satisfied with it's performance, however indications are their star is dimming somewhat. Would you consider a trade into Union Pacific (UNP) worthwhile, or should one just sit tight?
Thanks again for your wonderful service!
brian

Q: There is currently a proxy fight for this company in which (sadly) I own shares. I've read the filings in which both sides try to tar the other. Do you consider either side more credible than the other?

Q: Any thoughts?
Heather

Q: I would appreciate your thoughts on MDI. It has been just over six months since it did a major takeover. As a bit of a contrarian I am always leaning towards positions when others are heading the other way. Thanks in advance, Mike

Q: Hi - can you please give me your opinion on imax? It was delisted from the tsx and now only trades on the new York exchange. Is this a good thing? Thanks very much

Q: Do you think it is time to add oil and gas stocks? If so, which are your 3-4 favourites?

Thanks Dave

Q: Hello Team,
I have purchased TOG at $15.00 per share it is currently at $8.90 per share. Do you see more upside or should I sell and cut my losses. Thank you very much.
David

Q: Hi guys,

My dad is 62 years old and would like to build a small portfolio of monthly paying dividend stock for income. 30% of the portfolio in XSP for US exposure, 10% in CBO & XHY. Can you please suggest 5 possible CND stocks? We already selected WCP for energy and CHS for financials. Thanks!

Q: This question concerns my RRSP. I am in my mid seventies and my RRSP is laddered for the next 6 yr. Each year when one of the laddered bonds comes due it results in a lot more cash than I am required by law to take out. This has resulted in an ever increasingl cash balance. My accountant informs me if I take this cash out it will bump me into an even higher tax bracket. What would you advise? And if I leave the cash within the RRSP, can you suggest an investment for it.? I have no pressing immediate need for this money. Thank you.

Q: In following your recent dividend info webinar, I'm trying to find the financial ratios you suggested to track the stock's performance -ie payout ratio, for starters. When I look on Qtrade to get the 2014 financials, I see the free cash flow is $132 Million, the dividend is $1.28 X 81 million shares = $104 Million, that makes the payout ratio $104million/$132 million = 78%, which is high according to your webinar comments. Am I performing this calculation correctly? Is there a better place to go to get stock financials than Qtrade?
Thanks for your reply....Jim

Q: This is a comment rather than a question. Roger asked about whether ZSP or ZSP.U was preferable given he wanted un-hedged exposure to the US dollar. The hedged version is ZUE. I believe that ZSP and ZSP.U are virtually identical. If you don't have US dollars and don't want to go through the conversion, you can buy ZSP. I asked BMO investorline this question but in respect to another ETF that I hold, ZLU. I asked that if I wanted to sell ZLU as ZLU.U could I do this and obtain US dollars and was told that I could. This would be similar to the conversions that are done using DLR and DLR.U. My only caveat is that in looking the list of BMO ETFs I see that the distribution yields listed are different.

Q: Hello, every one, Could you please help me to understand the current earning report of GIB.A, in which earnings expanded, but revenue was slightly shy of expectations. Since this is a growth stock, I thought missing revenue estimates would have negative impact on it. But the stock rose upon earning release. Your thoughts please. In addition, what is your view of this company? Also the company's debt level is high, will they issue more shares to acquire other companies in the future, if yes, how will this affect the stock?

Thanks,

Lin

Q: Peter and Team,

Can you please suggest which ETF is better for US corporate bond exposure between CSD and XHY? XHY has a more significant energy exposure (14%) versus CSD which has 7% in energy.

CSD is defined as short duration (which I like) with an average duration of 3.14 years. XHY doesn't seem to define a duration. CSD feels lower risk to me but I'd like your opinion.

Your thoughts?

Marc

Q: I would like to invest in Intrawest (SNOW). It has more recreational properties than the former Intrawest and I currently only have a small allocation to this sector. Can you provide your analysis and opinion on this stock? If its not good, can you recommend other alternative in this sector? Intrawest LT debt has been reduced but revenues still not growing. Thanks again! John

Q: Skyworks reported very decent earning last week. Do you consider current price is cheap and what the fair value you think it should be traded? Also do you think it's wise idea to swap Skyworks Solution to Mastercard? Thanks for your valuable advice as always!

Q: I hold a few preferreds of different types and from different companies and must admit that the recent price movements of perpetuals versus rate reset, floating etc. has been an eye opening experience. Some of your Q and A explanations have helped explain a lot. I have a question specific to Bombardier preferreds BBD.PR.C There is a lot of talk about the possibility of Bombardier having to raise money with either a share or debt issue to overcome the current cash crunch and respect debt covenants. If this were to happen, it would obviously be taken negatively by the market, but how would you expect the preferreds to react? Is it possible that shoring up their balance sheet would actually support and lift the price of the preferreds, or would you expect them to drop together with the common shares? Same question if they were to reduce or eliminate the common share dividend, how do you think the preferreds would react?