Investment Q&A

Q: Any thoughts about Bank of America, I realize it may be off your radar screen but I think it is intriguing as a turnaround stock it certainly has legacy concerns from the acquisition of Country Wide but it seems to be becoming more focused, should see declining loan loss provisions, and should have significant tax loss carry forwards?

Q: Do you have any recent thoughts on DSG I am considering it for my RRSP? I have a long term time horizon and Waterloo software companies seem to be good bets. It also seems to be a favourite of several small cap mutual funds.

Q: Hi Peter
Could I please have your opinion on CRR.UN(Crombie).Greatly appreciate your service to investors , thanks Drummond

Q: Peter, could I have your opinion on Wajax please. Nice dividend. Where would you rank it? Ken

Q: Thoughts on PTQ?

Q: Hello Peter, HNL came out with results today. Would you mind sharing your thoughts on them. Thank You

Q: Hi Peter,
Could you give me your thoughts on Open Text, OTC on Toronto. Is it a buy at these levels.
Thanks,
Barry

Q: Hi Peter, Suncor ( SU) reported earnings today. Your opinion going forward please. It is up 3.8% today.Thanks

Q: it was announced that seymour schulich acquired the 7 million shares of LOY. what are your thoughts?

Q: Hi Peter, CPX just reported. What is your opinion and does the report change your recommendation? Thanks

Q: In light of today's announcement that CCO has cut its long term output goal (by about 10%) on slowing demand, is their dividend safe?

Q: I have this fund that does not seem to be doing anything is it worth holding? BNS COMMODITY LINKED DEPOSIT NTS,SER 6 (147) MATURITY DT: MAY 06, 2016

Q: My Parents,in there late 70's have some canadian equities left(aprox 10% of there portfolio mainly ECA,TA,BCE,COS)and where thinking of moving the funds to a RBC Managed Payout Solutions fund (6%). Would this be a good idea, their West Van house is MTG free and have aprox $1m in thier portfolio.

Q: amaya gaming since you had a report on it september 5, it has done nothing, no dividend, lots of cash, i own quite a bit-25000 shares but i am just wondering if i should blow it out or continue holding.the no dividend bothers me.i know mgmt. owns a lot .dave

Q: I've had my eye on Surge Energy for some time. It looks promising but it doesn't pay a dividend and it's price doesn't seem to be improving. What are your views on this stock and what's your outlook on gas in general? Thank you.

Q: interested in your take on Woulfe WOF . Warren Buffet apparently is doing a JV deal through IMC with WOF. IMC's D&D is complete but waiting for announcement on financing.
Any insight?

Q: Can I please get your comments on CSU's quarterly results, in particular any areas of potential concern. Thanks.

Q: Hi Peter. I recently bought a small position in SB Safe Bulkers which trades on the NYSE. The financials look fine to me and I thought it a good yield play but the share price has not performed well in the last 3 months. I would appreciate your opinion. Thanks John

Q: Now that Passport Potash (PPI) has entered into an agreement to acquire 100% of North American Potash Developments for cash and shares ($2.7 million left to be paid and 525K shares left to provide) will the company definitely need to do financing?

Also is it normal for an agreement to talk about "bonus" money paid to a company (North American Potash) in the event PPI transfers/sells to someone else?

3.9 million tonnes of measured KCl. Sells for about $400 a tonne. That's $1.5 billion. About 172 million shares. So about $8/share.
Indicated is 37 million tonnes, or about a 10x increase in above values.

What are the errors/dangers in thinking/calculating this way?
Even with share dilution from financing, at 20 cents this seems like an undervalued company?

Thank you for your time.

Q: Story in the Globe and Mail today recommending Celestica as good value. Trading near book value. CLS

Your thoughts?
Vern