Investment Q&A

Q: With major concerns over Canadian mortgage debt, how stable are the major banks to mortgage defaults? How will they be able to withstand such losses?

Q: Hi, There has been recent commentary and reports from analysts that trucking sector is witnessing a slowdown and getting hurt with lower rates. They also say that these headwinds may persist for at least later half of this year. ( or longer, depending upon, how recession scenario plays out ). Recent results from companies in the sector has only confirmed this.

Specific to TFI, analysts have commented that the discount is already reflected in the current valuation and M&A will likely offset the slowdown impact to certain extent, over time. However, consensus is that any near term recovery is unlikely.

We have a small <1% position in TFII and were contemplating to eliminate it and use the funds to add to existing 1% position in CP or to further add to ATS { better momentum and visibility ).

What are your thoughts ?

Thank You

Thank You

Q: Early last week I asked a question about NXR.UN. Still I have not received any answer. My question was about your insight about this company, latest results etc. Does the cash flow cover the dividend. There was a similar delay about my question on FCD.UN two weeks ago.
Thanks for your insight

Q: We have a well-diversified portfolio with 40+ securities (11 small/mid caps presently under 1% of portfolio). Is Nvidia a corporation YOU would let run up to 6-7% of your protfolio?

Thanks to your good advice we have many excellent stocks with the only clinkers due to my own buying exuberance or holding securities too long.

Q: Why are you advising members to do with APPS after the abysmal ER and 40% drop this morning. Anyone holding since better days are down 60 to 90% on the name. Thx

Q: I still own SYZ and have a 1.6% weight and would you see this as a buy if I wanted to increase my weight? If I choose to sell what tech stock would you replace this with?
Thanks

Q: Hi,

Is this a good time to add to TVE and do you see them increasing their dividend this year?

Thanks,

John

Q: For a RRIF withdrawal, I'm thinking of switching either FSZ, NWH or BTO (all of which are down) to a TFSA .

Which of these do you think has more upside potential?

Q: What order would you sell these.First to last.Thanks.

Q: Financials RY in particular seem to be "down" this past week, is there a reason why?

seems to me that all of the american banking issues are old news or am I not understanding the bigger picture ?

your insight and macro interpretation for my learning please

thanks

Ernie

Q: My understanding is that if an agreement isn't reached before early June (?) regarding raising the U.S. debt ceiling then there could be significant global economic fallout... leading to unemployment, interest raise hikes, and of course, large market selloffs.

How much weight/attention are you guys putting on this situation? Is this leading to a significant buying opportunity? Is it wise to increase cash position until this plays out?

Q: FYI and your comments please. (Cdn $55.50 appx - 5% discount to closing price)

BRIEF-ATS Announces Pricing of 6 mln Common Shares At A Price Of US $41 Per Share
5/24/2023 8:03 PM ET • Reuters



May 24 (Reuters) - ATS Corp:

* 6MLN COMMON SHARES AT A PRICE OF US$41 PER SHARE

Q: If JEPI is held in a RRIF, would US withholding taxes be applicable or would the be exempt?

Thank you for your guidance.

Q: I usually look at EPS, company debt, payout ratio and their # of common stocks while reviewing a company financials.
How would you justify Telus's 135% payout ratio ?
Company earned 1.22 (2021) and 1.15 (2022) and paid dividend of 1.27 (2021) and 1.36 (2022)
Long term debt is increasing and they have almost doubled their common stocks in last few years. All leads me to believe there may not be much growth in terms of the stock price in next 2-3 years.
Their cash flow doesn't looks sufficient to cover their dividend unless I am missing something here.
Thank you for your guidance.

Q: Sorry for what may be a naive question, but assuming the .35% (?) fee for holding this security is an annual fee, how is it collected?

Q: In March of 2022, you were asked about NovaGold (NG) and wrote: “…we do not like these 'binary' scenarios. Without full permitting, there is no mine, and no potential.” In March of 2023, you recommended it along with a few other juniors. Could you please share your updated thoughts about this company? Thanks.

Q: Peter; Todays inventory numbers shows a drop of 12.46million barrels vs an expected rise of 932,000. - how can this statistic have any credibility? Thanks.
Rod

Q: DCM had great momentum for a while but it seems to be breaking down. What are your thoughts on this company going forward?

Q: What is your outlook on interest rates over the next 1, 3, and 5 years? If you were given the below set of rates for a mortgage, what would you pick and why?

1 year fixed 5.99%
2 year fixed 5.39%
3 year fixed 4.89%
4 year fixed 4.89%
5 year fixed 4.59%
5 year variable 5.50% (based on prime at 6.70%)

Q: Teck is starting to drift downwards again, including a big drop today. Don’t see any news. Any reason you can see for the drifting down? Just fading confidence that an acquisition is going to happen? Seemed like there may be new/different offers on the acquisition the horizon a few weeks ago, has that changed? Would you recommend holding on in anticipation of acquisition offers coming in again? Not in a rush to sell, but don’t want to hold on if pricing is going to continue to move down to pre-acquisition offer levels.