Investment Q&A

Q: Hi Peter I held this stock since I was first a member of 5 I I have never once been above water on this stock and it seems it is going from bad to worse .
Does 5 I still see merit in this bank or should one cut his losses and move on .?
Kind regards Stan

Q: Hi, BCE shares took a hit (3%) after Shaw's announcement of buying Wind Mobile. Price decline was not as severe as Telus, though. But, as per analysts, BCE also has a subscriber base in BC and Alberta, which may face competition due to Shaw's ability to offer competitive TV/Wireless bundles. BCE recently completed a secondary @57.10 after purchase of HBO Canada from Corus. However, shares have mostly traded below the offering price and now took another hit. I added the stock recently in $55 -$56, for strong dividend yield with some dividend growth potential. Do you think the Shaw overhang will be there for a long time or BCE stock could trade back above $57 in 2016? It would help me to decide whether I should consider reallocation to other sectors like IT, with more certain growth prospects. Thanks

Q: Good morning,
I would appreciate your thoughts on buying Deere at this time as a potential long term hold.
Thank you.

Q: I'm thinking of selling BNS (4.5% of total portfolio) while I'm still up 8% and redeploy the cash.
I currently have PWF (1% Holding and down 10%), TD Bank (3.5% holding up 34%), MFC (1% holding and down 5%),
DH (1% holding and down 10%). Would you recommend holding on to BNS or sell and add to one or all of these other financials. Open to other suggestions as well. Merry Christmas

Q: Hello team, Sorry if this have been mentioned before (can't find it)...just wanted to know if you know IT's management? If so, have you met in person and what was your impression?
Also, read somewhere that Dundee has come out w/a report on IT which maintains a $27.00 target....do you know anything about this report?
Thank you!

Q: Your opinion?

Q: I have the following candidates to sell for a tax loss: IPL, IT, CXR, BOS, DH. I only need one or two. Which would you recommend - and would you bother to buy them back? Thanks!

Q: Hi Peter,
What is the place for hedge funds for an individual Canadian investor going forward ? Andrew McCreath who appears on BNN manages such a fund (ForgeFirst) and he makes a lot of sense in his thoughts on and strategy towards the current markets. You have also mentioned in the past that due to your non-biased advice you invest in hedge funds yourself. Any thoughts in general or on ForgeFirst are appreciated. Thanks to you and your team. Have a Safe and Merry Christmas.

Q: Hi Peter and team,

I know you have been positive on this name. Would you consider this to be a decent entry point and investment over the next 2 to 3 years. What do you consider to be the main risks with the name.

Thanks

Q: Two questions. I was looking at a stock on a stock website and clicked to level II for shares bought/sold data. I see it occur frequently, where a security company (for example 007 TD Securities) is both the seller and buyer of a stock. I have assumed simply the company was satisfying different clients while obtaining commission on both sides. Is that a good assumption?
In this case the security co. was clearly selling off many thousands of its shares ($9.70/share)over several days and to several different buyers. But its first and by far largest sale was to itself - both seller and buyer of one block of 11,000 shares. It just seemed a bit odd to me that a non-bank security co. would have a client who wanted, at full price and at least fair value, 11,000 shares of a stock the firm was selling off. Aside from a large shareholder selling off should a transaction such as this raise any other concern? Perhaps this is a way to maintain the share price for the further sales...
Thanks so much for your patience, hope you guys do take some time off for the holidays.

Q: Hi I currently own CSU, GIB.a and SYZ in IT sector. Recently I have started positions in KXS and DSG. DSG has been acting very well recently and its share price is at 52 week high. KXS appears have settled around $45, after touching a high of $49, few weeks ago. There has also been fairly large buying in KXS, perhaps due to its inclusion in S&P/TSX 60 index. Most analysts are bullish on Kinaxis and believe that its early days for the company with huge growth potential in years to come. After strong quarterly results, analysts hiked their price targets on the stock between $50 to $54. Kinaxis also appears to have huge support from their present customers and high interest noted from prospects in company's recent conference. In your recent comments, you mentioned stock being expensive. I would appreciate your opinion, if both KXS and DSG are strong candidates to add to my present position at current levels. Thanks for your insight.

Q: Looks like Monday is going to be another bad day,law firm Goldberg releases a statement saying they are "investigating" Intertain,don't know what these slimballs are investigating,but the bozos in management better release a more forthcoming statement.First PHM,then GXI,now IT.Starting to cost me a lot of money!!!

Q: Peter their is a up date on DGC sent yesterday can you and your team give your opinion on this .
Jim.

Q: Just a note I recall reading approx. 1.5 years ago about SJ that came from SJ themselves.

SJ who makes hydro/telephone poles & railway ties out of wood said that the ~25 year life span of these items (my bad memory, but I think it was 25 years or it could have been a little longer) would need replacing starting in the next year or so, N.A. wide in general. This represented millions of pieces.

Since SJ is a major player in this industry SJ predicted , as could almost anyone who was aware of this scenario, that SJ would have increased volume and profits as a result for the next few years, which typically grows their stock price as we have started to see.

Ya, SJ.

Have a great day.

Also Loving the volatility of many stocks these last few days. Easy to make 5% to 15% in a few days with some extra cash based on technicals, for now rather safely.

Q: Just my simple macro.opinion.Investors must have confidence in co.management,who has attributes like honesty,"put the stakeholders first",delvery &/or overdelivery results,etc.Of course,financial metrics are also important. Investors do not like the excessive executives compensation of IT.When the short attack came,it is SELL,& ask questions later.As we are all awared that this is a nerveous market & a important event like short attack,quarterly results acquistions etc can cause substantial fluctuations either way.Recently there are companies that investors lost no confidence in the management resulting in big drop

Q: If a person thinks that the Cdn dollar is near the bottom and wants to buy an etf of the S&P would it be wise to buy the un-hedged version? This is in registered account[s].

Q: I realize the damage is done to the share price but does the company's pretty pathetic rebuttal, so far, lead you to believe there might be some credibility to the short argument? I've read the short report and found it hard to follow but the jist I got was that earnings are being manipulated, management "appears" checkered, sales are slowing and debt is high.

Q: A bit confusing, prior to short seller situation, there
were several buy recommendations with 12 MO $24 tgts,
so outside of short seller manipulation, (I see that failed
on BYD. un), what has really changed?
Thanks

Q: could you explain the performance gap between XSP and ZSP
for one year time frame.
Both ETF are designed to replicate, to the extent possible ,the performance of the S&P 500 Index.
Thank you so much.

Q: I am looking for some holiday reading regarding investment strategy, finance or economics and would like to know what you would suggest? I have read many of the classics and would like something more resent although I realize some strategies and theories are timeless so don't be afraid to suggest something that must be read from the past.

Thanks very much for the great advice as always.