Investment Q&A

Q: Peter and Team,

How do you feel about White Cap Resources? I currently have a 4.5% weighting in Crescent Point Energy and am considering switching half of that position to White Cap. Any thoughts on the comarison between the two? I terms of oil plays, I also have a 2.4% weighting in Arsenal Energy and a 3.3% weighting in Legacy Oil and Gas.

I would guess that you might think that my weigting in Oil stocks is high, however, I live in Calgary and work in the Energy industry so I feel like my familiarity with the sector and individual companies justifies a higher-than-normal exposure.

Candid thoughts would be appreciated!

Q: What is your view on CNE with its recent stock run? Why has it gone up so much lately?

Q: Hello folks. I’ve sold off most of my REIT positions but continue to hold a few that are down with the rest of the sector. These are CUF.UN (-8.5%), HLP.UN (-6.0%) and RMM.UN (-9.9%).

I’m comfortable holding these long-term for income (current yields are 7.2%, 8.3% and 9.0% respectively), unless there’s a good possibility that unit prices will continue to decline as treasury yields creep up. Would also be concerned if unit prices are unlikely to recover over the next 2-3 years, especially if they keep dropping. And a possible cut in distributions wouldn’t help either.

Hope it’s not asking too much to get your thoughts on these 3 REITs. In the meantime, thanks as always for the great service you fine people provide to retail investors like me. So glad I became a member!

Q: I always like to check insider holdings to support a decision to buy/sell/hold a stock. IPL.UN according to INK Research shows no common shares held by officers or directors. The holdings fall under Class A Preferred Shares, Deferred Unit Right, Class B Preferred Shares, Limited Partnership Units, Class A Deferred Unit Right and Unit Appreciation Right. Does this imply anything regarding the executive feeling toward the future of the company? Why would they avoid common shares?

Thanks

Q: Hi Peter,

I'm interested in knowing your current thoughts on Alexco, AXR. I bought it at much higher prices as a long term investment. My question is, does this company have the legs to last long term? If I average down and hold on... am I likely to be rewarded? Or, should I just sell it, take the loss, and move on to something more attractive. Any guidance would be helpful.

Thanks!

Q: Hello 5i, Could you comment on Torc oil TOG as to the company also I think there is going to be a share consolidation you will get 1 share for every 5 shares that you own now. Would it be better to enter this company pre consolidation or after the consolidation?

Q: 2 kid RESP starting university in 2 & 4 years. How would you adjust this portfolio?
51% laddered bonds maturing at tuition dates in 2-7 years
7.1% ZWB
8.4% CGX
2.6% CSU
6.9% IPL
11.9% XRE
8.3% XTR
2.5% MG
we add $4k /year in monthly increments

Q: Peter & Team, I have had PSI on my watch list for a couple months. They had an adverse legal judgment and today they delay release of quarterly results, with the stock down 5%. The stock is off 14% from early July. Acquire now, wait or abandon? I would be grateful of your advice. I also have Badger Daylighting so I am exposed to the sector. Thank you. Keith

Q: CPG - do you see any evidence that the American investors are getting back into Canadian oil stocks? thanks

Q: Having just sold my positions in AGU and POT, can you direct me to other commodities worth considering? Also, I've sold 3/4 of my T and now hold only BCE and Shaw. What do you think about Rogers in light of this Verizon threat?

Q: Hello,
I have a small holding of Novagold that I want to sell. As advised I did nothing and watched it bounce a bit. I'm not sure but I think I read here something about fall redemptions that may lower the price of gold. If so, would it be advisable for me to sell my holding now?

Q: At today's prices would you recommend Corby distilleries or Andrew Peller? Or equal weight. Thanks.

Q: Hello Peter,

You've recommended SYZ previously and I bought shares at $4.00. It is now at $6.70 and I'm wondering if you would continue to hold at this price or is it time to divest and move on to a new stock?

Thank you

Q: Hi Peter,
ARN.DB and ARN.DB.B have fallen off rapidly. Interest is being paid and maturity is short ( 2016 & 2018 ). The common have fallen off heavily. What obligations does the company have to debs and is there still value in either common or debs?

Q: Hello,
If you know RBX ($30M market cap), can you please give me your thoughts ? My intention is solely a small position in the greed category. Thank you.

Q: Why is the volume so low on certain stocks. In particular, I'm looking at ESL.
And, I assume this is a good a time as any to buy it?
Thanks again!

Q: Hi, Sandstorm Gold (SSL) seems to be falling more than both gold and many gold stocks lately. Can you please comment on their recent results and what you see for the future. Are there other gold names you would prefer? I also already own Argonaut (AR) & B2 (BTO). Thanks!

Q: Hi Pet and team I have SEA and it has jumped $3.00 in the last few days can give me your take on the jump ,I can't find anything on news about the stock.

Jim

Q: What market value of a canadian company is considered "small cap" compared to the US? What portion of an overall equity portfolio should be invested in canadian small caps?

Thanks
Ron

Q: GLN Glentel came out with earnings and stock has fallen sharply in the last 2 days on (what I think of as) miniscule volume. First what did you think of the earnings and is this sell off deserved?