I'm thinking about starting a position in National Bank (NA). It looks like it is by far the "cheapest" of the Canadian banks. I see that it is expected to make $8.61 per share in 2014. It is unrealistic to expect it to trade at a 9.5 2014 p/e multiple giving it a rough share price of $81.80 (representing a 10%+ capital gain)?
Q: Hi peter,
I am interested in investing in infrastructure development plays. I know your research is high on STN, however I find SNC is off its highs due to their current issues. I hesitate to purchase something near highs. Where would you put fresh cash today? I also looked at foster wheehler in the US as a value purchase. Thank you.
Q: I owned some Berkshire Hathaway B shares some years ago and sold when the stock split. Made a good profit on that trade.The stock has traded in a very narrow range afterwards but seems to be on the move again. Would this be a good time to be buying?
Thanks
Shirley
Q: Hi Peter and talented gang.
I think I made a mistake and purchased Gib in US funds. The Canadian GIB.A is trading @.42 higher.I wanted to increase my US holdings and as there is no div., it seemed like a good idea.Would you syuggest and sell in the US and buy in Canadian funds.Thank you Phyl in BC
Q: Thanks for all your help, 5i. Would appreciate re-visiting CHE.UN, last commented on in January. How does a modest (less than 2.5%) position in this look, for the next 16 to 24 months? Thanks, Bill
Q: Hi, I have not done well with HNL. Bought some near 8 and again near 6 but still underwater. I have read your comments about losing a contract awile back, hold for yield, but it is hard to watch it continue to drop! It is fortunately not a great portion of my portfolio, but I continue to question the hold/sell equation. Thoughts?
Q: Just a comment re Amaya's earnings. I believe they said at the conference call that they would report in April so that the last quarter of 2012 and the first of 2013 could be compared. Also I believe they said they would give guidance for the whole year at that time. I wonder if the pullback is because the Revel Casino in Atlantic City has filed for bankruptcy protection although one company in difficulty should not bother a whole industry. Joe
Q: ACQ - Autocanada
Do you have any idea why the volume is so high today with Autocanada? The stock price is up nearly 5% today. I can't see any news that supports this volume and price increase.
I own Health Lease properties (HLP.UN) at roughly 3% of my portfolio. It is down from my purchase price but at current prices and yield it looks pretty good to me. And I am thinking of buying more. What do you think of the recently announced acquisition and its prospects going forward. Thanks
Q: The December 2012 AYA results were anticipated. Now that they are late the stock is starting to come off. Expect that this may mean bad news coming. Just a guess.