Investment Q&A

Q: Hi Gang

I presently hold both ENB and FTS for a total of 8.3% of my cash portfolio. I am a dividend investor. I was thinking of adding BIP but wonder if that would be more of the same. I am thinking it would be wiser to get Agrium since I hold (confession time) no materials at this time. Your thoughts?

Q: Hi 5i,

Thank you for you answer today on Royal Dutch Shell RDS.B. I have a follow up question please.

I own Chevron (CVX) (which you also mentioned in your earlier answer), Husky (HSE), Peyto (PEY), and while not directly comparable, Methanex (MX). I am contemplating one more energy stock which is why I asked about RDS.B.

If you could buy only one more energy stock for some growth but also a high sustainable and hopefully growing dividend, which would it be?

My research indicates RDS.B looks attractive, but so does Whitecap Resources (WCP) and possibly Vermillion (VET). The latter two are obviously Canadian which means I can buy them in $CDN of course, which may be doubly beneficial when oil prices recover and move the Canadian dollar.

Thank you again.

Michael

Q: Is it time to cut my losses on Bomber? Will the next raise come in lower than current levels around $2.60? Or is there enough shake up going on with the new CEO to give some life to this stock?

Q: Hey folks,

Can we talk about holdings in "CASH"? Many investors talk about the percentage in their portfolio that they hold in cash. I sort of see this as stupid, or perhaps I'm the stupid one who needs a lesson. My point is, the majority of stocks are very liquid and if one is nimble in managing his portfolio, a portfolio can quickly be turned to cash or at least parts of it, increasing the cash percentage quickly. So given this, why are financial people so stuck on the notion of their cash percentage when it is is so easily modified depending on market conditions and whym? Thanks for taking the time to help.

Q: I'm trying to evaluate the assertion I heard that when interest rates rise, dividend-paying stocks will get hammered because they have been overbought due to the "TINA" effect ("there is no alternative" for income).

If it is a sound company that's in a good business and will have no problem paying its dividend, my understanding is that the way the yield would be brought more in line with bonds is the share price would go up, not down. Am I wrong? What reasons would there be for the price to go down?

For more info: http://www.msn.com/en-ca/money/personalfinance/a-huge-stock-decision-for-boomers-that-cant-wait/ar-BBjX43U

Q: Thanks for taking my question. You last commented on this company in early 2014. Could you provided an updated point of view on its level of attractiveness?

Q: Hi guys. I would like your present opinion on E. I am very deeply under water on this one (78%) They now want to restructure 4 for 1. Should I throw in the towel or just stick it out.
They also want to reprice the insider options from about 70c to 30c. This would seem liken rewarding poor performance to me.
Your comment would be greatly appreciated.
Thanks, Michael

Q: What are your current views on this stock. Is it good time to initiate a position. Thanks

Q: What is your opinion of Lakeshore today. Does it still have legs? Is there a better choice for growth ? Thanx Robbie

Q: Just noticed GXI.DB and it yields over 10% to maturity. Would you recommend this convertible debenture for the bond side of one's portfolio?

Thanks

Q: Hi, could you recommend one or two stocks(or funds) in the energy sector that are not linked to oil and gas?

Thanks
Paul

Q: Hello Peter & Co,
How would you compare BPY to other office-related Canadian companies or REITs; I own FSV & TCN.
Thanks,
Antoine

Q: hi, Q ratio extreme high. Market correction? your thoughts please.

thx chris

Q: The company reported last week. The results seem impressive and the stock appears underpriced. Care to comment?

Q: There does not appear to be any recent news to account for this move above $20.00. Any comment please. Thank you Phyl

Q: Hello Peter and group.
I would like your recommendations in establishing positions in gold and silver companies. I would be interested in junior producers as well as companies exploring in safe mining jurisdictions.
Thank you,
Nick

Q: I recently took profits and sold 3/4 of my position in Nobilis Health (NHC), as I did not feel comfortable with earnings "attributable to noncontrolling interests" being higher than those attributable too NHC (which resulted in a net loss for the quarter). Is this a concern? And how is this calculated?

I am thinking about re-investing the NHC cash into RX and/or GUD. Is there any reason why the market seems to be reacting negatively to RX's recent quarterly results (which actually beat consensus) or is this sell off just sector or valuation related? Also, I note that RX trades at a massive P/B ratio. Is this a concern? Is this a good entry point for RX?

And would you prefer GUD to RX or just buy both? I am fairly risk tolerant and my only other position in the health/biotech sector currently is PHM.

Thanks! Feel free to dock me a couple question credits for this doozy...

Q: Hi 5i: Could you please comment on Trevali's recent quarterly results? I have a small position and I'm thinking about adding some more.

Q: I own the CNE debenture and got this notice alert:

Canacol Energy Ltd. Sends Maturity Notice to Debenture Holders

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.

CALGARY, ALBERTA (May 19, 2015) – Canacol Energy Ltd. ("Canacol" or the "Corporation") (TSX:CNE; OTCQX:CNNEF; BVC:CNEC) announced today that it has sent the maturity notice required under the indenture governing the 8.00% convertible unsecured subordinated debentures of the Corporation (the "Debentures") due June 30, 2015 (the "Maturity Date"), advising registered Debenture holders that the Corporation has elected to satisfy its obligation to repay the principal amount outstanding, together with all accrued and unpaid interest thereon, by issuing and delivering to the holders that number of common shares of the Corporation ("Common Shares") equal to the number obtained by dividing such principal amount of the Debentures and the accrued and unpaid interest thereon by 95% of the VWAP of the Common Shares for the 20 consecutive trading days on the Toronto Stock Exchange ending on the fifth trading day immediately preceding the Maturity Date. There is currently Debentures outstanding in the aggregate principal amount of CDN $25,519,000, together with accrued and unpaid interest thereon in the amount of CDN $1,020,760.

My options (as I see them) are to sell on the open market at $98 approx, or take possession of CNE as outlined in their alert.

What do you suggest here and why? Do you like the common enough to reccomend I convert and hold?

Q: Calculating Market Cap.
Could you please help me clarify how a company with multiple classes of shares is valued.
Is a corporation’s market cap derived by adding the capitalization of each of their share classes?
i.e.
[No. Shares Class A] x [Share Price of Class A]
+ [No. Shares Class B] x [Share Price of Class B]
+ [No. Shares Class C] x [Share Price of Class C]
If this is correct it messes up other derived valuations that use market cap within the formula unless you start with a sum of each class.