Investment Q&A

Q: Currently have BNS,TD,CM,IGM,FSZ and SLF in the Financial Sector comprising 21% of my Income portfolio. I would like to replace CM ( or do you feel fine having 3 bank stocks ) - can you give me some suggestions as possible replacements ?

thanks

Q: Afternoon folks
I own parex and great Canadian gaming. Appears they are falling hard. Should shareholders be concerned?

Thanks
Mark

Q: I am just wondering if you know why sometimes a stock cannot be traded on line when in a self directed account. For example, in order to trade MOGO finance with TD I must call them in order to make a trade. The answer I get from TD is that they do that with a certain number of stock with low trading volume or when they are high risk stocks. I don't think MOGO falls into that category anymore than many other stocks that are thinly traded and much riskier. They have no explanation as to why MOGO is one of the stocks that cannot be traded on line. Is it worrisome? Is there something wrong with the company?

Q: What is your opinion of this company

Thanks

Q: Can you please comment on their earnings and what is the short term impact on the stock price.

Thanks Valter

Q: Can you please comment on their earnings and what is the likely short term impact on the stock price.

Thanks Valter

Q: When is PHO expected to report its next quarter results?

Q: This offering looks like a great buying opportunity to me. Why would Stella International sell their shares at such a large discount? The sneak peek at earnings looks good to me... do you agree?

Q: The secondary offering today is at a large discount. Do you know why? Will the share price move all the way to $40.63 in the short-term?

How do the preliminary numbers for Q2 issued today looks for SJ?

Thanks.

Q: This is a comment on William's question this morning regarding tracking of distributions. I have an account with TD Waterhouse and they provide distribution projection for each month for the coming twelve months for the securities in my account. He can ask his broker if they provide a similar report.

Q: Hello Peter,
If i want exposure to China, would you suggest the following ETFs: CQQQ, FXI, MCHI, and XCH (on toronto ) or are there better ones out there? Thanks very much.

Q: Hello I have been watching PBH slowly go down every day for the last little while and was wondering what news is out there causing this? I have found none. I own this in a well diversified RRSP account and have a 40+% gain on my position and I am wondering if I should sell to take the gains and move onto something else?. How do the earnings estimates look for August 13th? Thank you for the great service and advice.

Q: I see that Crius Energy Trust (KWH.UN:CA) is still continuing a slight downward trend after that uptick last week.
It pays an extraordinary dividend and if the payout ratio is only 77%, I am assuming the dividend is reasonably safe.
Do you have any further thoughts on the situation?

Q: Any news on PBH drop today?

Q: I was looking for the quarterly report for A&W that the TMX site reported would be released on the morning of July 24 by newswire. I can find nothing. What is this 'newswire' and how does one access it?

Q: Can you comment on their recent earnings release ? Joe

Q: In the globe today there was a somewhat negative article about GSY and cash flow.
No need to reprint the entire article, I am sure you have read it with your morning coffee.
What is your take on this should investors be concerned

A portion below


At the behest of the Ontario Securities Commission, which was looking over the company's filings as part of a "continuous disclosure review," goeasy moved a couple of line items out of one portion of the cash-flow statement and into another. As the company noted in a news release, the change had no impact on the company's net income, earnings per share, cash position or balance sheet.

The change in the company's operating cash flow - a measure of cash the company generates in the ordinary course of business - was massive, however.

The company had told shareholders that it had $153-million in operating cash flow (OCF) in 2016; the reclassification turned the number to negative $21-million. For 2017, $179-million in OCF became negative $89-million. Over two years, that's a swing of $445-million (OCF figures are rounded).

And yet, the markets shrugged. The stock has not moved. Analysts covering the company did not put out notes. This was not "material," the word for what a reasonable investor would find important, a couple of analysts told me via email.

I think there's something wrong here, though, when a primary measure of how a company generates cash from its business can swing that much, and no one seems to care. Are we looking at the wrong things - or do financial statements that are compliant with generally accepted accounting principles - GAAP - not matter?

Q: What are your thoughts on MPC? I am trying to find a small cap real estate, non reit company that is growing their real estate rental units with reasonable dept. levels. I would prefer investment back into the company over a large dividend. Do you have any other names I can look into?
Thanks!

Q: Just like to get your thoughts on Tidewater it’s been around it’s 52 week low now for a couple of months do you think there is value here and what could drive that,could they possibly be a benefactor if the large LNG project goes through in northern B.C.
Thanks as always

Q: Can you please provide your opinion on Dynacor Gold? My understanding is that they want to establish a dividend policy this year, although I haven't heard much since. Buy or Sell?