Investment Q&A

Q: Hi Peter and team I have a comment and question re: Zargon. I last asked about this in May. Over the year I have been accumulating shares and I am now in a profit position up 5 % in one a account and over 12% in another. This was quite painful for a while as the shares kept going down. Recently the shares have been in pronounced upturn - almost exponential. My thesis was for once and at least temporarily proven correct: that the shares would rebound once we approached the start up of their new Enhanced Oil Recovery Project (EOR) in 2014 which is a company maker(breaker) . However since I have quite a bit of money here do you think it is time to cash in some or all of these holdings? Also would the expenditures on their EOR project have led to your statement that the all-in payout ratio was 150 % in your August 13 comment? Thanks

Ross

Q: I am considering selling my avigilon and buying cxs or sum. Which would you prefer?

Q: Good morning 5i team. I bought Enbridge (ENB) and TransCanada (TRP)during their recent price dips in June. Realize it's only been a couple of months; however, both seem to be languishing, with ENB down some more. Is this due to the ongoing uncertainty surrounding projects like Gateway, Keystone, etc., ongoing concerns about income stocks, or maybe both? Are thet both still decent long-term holds? Thanks.

Q: Hi Peter and 5iResearch Team,
Can you please provide an update on Stantec. It has had a good run recently. Can you provide your assessment regarding both ST and LT outlook?
Thank you. Linda

Q: My question is why does the CRA not allow subscription to investment newsletters to be charged against investment earnings. I noticed from last years income tax statement of mine which was prepared by an accountant that I was allowed to claim as an expense my accountant fees (as I had investment income) and the fees paid to my financial advisor for this advice. I use the term "advice" very loosely. Both were substantial with the latter being as you would expect very substantial.
We should petition the CRA, or better still Jim Flaherty directly, for the income tax act to allow investment advice deductions from sources other than the big banks and investment houses. Given that more and more Defined Benefits pension plans are being converted to Defined Contribution pension plans it means that more Canadians will have to make their own investment decision. This will be a field day for investment advisors and the banks that they work for.

5iResearch and maybe Benj Gallander's Contarian Investor's are two of the independent investment advisor services out there that would no doubt benefit if their subscription could be allowed as a legit deduction.

Derek

Q: As a value investor, I would appreciate your opinion regarding which 3 companies in you 'Model Portfolio" represent the best values at the present time.

Thanks again for your appreciated service.

Q: Gold seems to have an established uptrend and so have the equities.

What do you think about the investing in Gold Royalty Companies at this point such as Franco Nevada (FNV) or Sandstorm Gold (SSL)?

Q: OZM "Och-Ziff Capital Management Group" has an unusual high dividend payout. What do you think of the company and do you think the dividend is sustainable.

Thanks

Q: Hi 5i, my question is regarding Tamerlane (TAM). it has filed for bankruptcy. when the company restructures does the current shareholder get completely wiped out ? i would also like to know your opinion on what other options could emerge for shareholders in this situation. thanx norm

Q: Hello,

The last time you commented on ARW was a year ago. Can I have your opinion now.

Thanks

Q: Hello 5i, could you comment on Armtec ARF as to there last quarter and the company itself.Thanks

Q: Hello 5i, I think Inter Pipe IPL.un is converting to a dividend paying corp from a trust unit. Could you explain the options on conversions as I think there is a limited time frame to make your choice as a shareholder as to taking a capital gain or not.
But in both cases you will still hold the same amount of shares.
Thanks

Q: Hello,
I would like to hold the model portfolio but have to add them over time. I am interested in starting the first couple in either growth or income. Out of the model portfolio, which stocks would you recommend that I add first?

Thank you.

Q: Peter; Could you comment on the FP article on GIB.a? If I was short I would be very happy with the negative analysts report. Thanks. Rod

Q: I am looking at the Emera Preferred E. It looks like it was issued at $25.00 in May and is now 20.99. Is there a problem with this issue because of the lower price. It has a good yield and the parent is blue chip.

Regards

Gary

Q: Can you please place these Reits in the order that you would buy in today's market ? D.un , Ax.un , Cuf.un
Fcr , Cwt.un , Hr.un , Reid.un. Ap.un . I own all these and they represent 18% of my portfolio , I'am retired and need the cash flow . If I sell some of these names and buy the ones that pay a higher yield I would increase my cash flow , in your opinion is this taking on more risk , same capital but less names ? Finally if we get a housing correction in Canada , will that cause another leg down for this sector ?
Thanks

Q: now that gold and gold jrs.(some of them)seem to be heading in the right direction, your pick TMM as a well managed jr. is looking like my pick soon. the fundamentals show the roe at 28%. kinda makes this one look like a lock.your valued updated opinion decides if i jump in tkx pat.

Q: Hi Peter and the 5i Team: My RRSP portfolio is beginning to somewhat resemble your model portfolio. THANK YOU! (There are still several "dividend payers" like EIF as well as some dividend paying ETF's like CEW and CAB remaining in the portfolio). I will need to roll over my RRSP into a RRIF by the end of 2014, and would like to use the dividends (for the most part) for the compulsory withdrawals. Are there any tips that you can suggest in terms of the most efficient way(s) to structure the RRIF? Your advice and recommendations are always valued.

Q: Could you please give me information on aif thank you

Q: "It is better to teach a man how to catch fish than to give him one"...
In this train of thought, I was thinking about this question from a long time ago coming from a teacher in BC about recommending financial books. Over the years I read about 50 or 60 books on investing, finance and personal financial wealth. One book will remain because it is at the beginning of all things within the capitalistic system: "The web of debt" by Ellen Hodgson.
But there is more and today more and more courses about finance are available for free on the internet: Let me give you two sites that I have used: COURSERA and KHAN ACADEMY (6 million users, 4500 new videos on line each MONTH).
And finally for the french speaking out there (any?) the French version of some of the Khan courses will be available on the internet site of Bibliothèque sans frontières starting with mathematics as of september 4th.
As usual,if you think it is worth to publish, please do so.
CDJ