Investment Q&A

Q: Hi 5i, my question is regarding the LME (London Metal Exchange). i have read and listened to various guests on BNN saying a "shake up" on the LME will happen this year. what i find confusing is the opinions have a high degree of discrepancy. some are of the opine that the change won't be noticed, some say a flash crash could occur with regards to metal prices. so i would like your opinion on this topic and how should a non-ferrous metals investor deal with the possible outcome.
and secondly , does a free site exist that has charts available to illustrate volumes of a particular stock on a daily basis ? thanx norm

Q: Hello Peter and Team. Within my RIFF, I own MFC (5.84% of my RIFF) and I bought it many years ago? for $28.23. It is now around $20.79 or so. I also own TCK.B (6.94%) and I paid $32.48 many years ago but is now about $24.72 They both, as you can see are always in the red and have a very long way to go to catch up again. My PF is well balanced with your help but in this predicament, what would you suggest? As always thank you ahead of time.

Q: can you give any further comments on RBI ?
I am willing to be a long term investor in this.

Robert

Q: CVD as recommended in your new Income Portfolio has almost zero trading volume making it difficult to buy. Can you recommend an alternate?

Q: Hello Peter and Team, I`m planning to ``ease`` into the Pharma sector and am targeting GUD and CXR as potential holdings. I had decided to hold off to allow the impact of recent activity to settle, but am a little confused with the Warrant issue regarding GUD. Should I hold off until after the 10th or is there an opportunity here in taking a position beforehand,like tomorrow? The combination of the two holdings would represent a 2.5% weighting within a well diversified portfolio. Thank you kindly. Rick.

Q: In March (around 18th) you commented on Dundee and said something about the founder. I cannot find that particular answer and wonder if you can repeat it or say something new. At the time, it did not seem to be directed to any one of the Dundee stable so I am curious about both D.UN and DI.UN. Thanks in advance for your help and patience.
Gary

Q: Re "SGY" surge energy, good news today, how and where do I get this info, much appreciated.

Q: hi folks,just wondering your opinion on news of Surge sgy/t, large new oil discovery and increase in 2014 exit #'s, seemed pretty good imo but stock trading below halt price.Still holding as like dividend,thanks as always

Q: After the news today from SGY I was surprised there was little reaction from the market other than volume.Some of us thought it would move the stock up sharply. Could you please comment?
Thank You
Garry

Q: Renegade Petro RPL

Since the beginning of this year much has happened for RPL and their relationship with ALX. The biggest change obviously is the share RPL price going from $0.91 at the beginning of the year to $1.91 as of today. Considering I was watching this stock, I feel through my own inexperience was the reason I really "missed the boat" on this one.

For my own educational purposes, what factors were involved which generated the tremendous RPL share price increase for Q1 on onward?

Q: When selling a stock short and buying it back in a different year. Do I report gain or loss in the year the transaction is closed ? Would the same rule apply when selling put option in one year and buy it back or exercised the year after?

Thanks

Q: Regarding Jacques' question on March 26, 2014 and the response, it is correct that no tax slips would be issued for any TFSA since it is a tax free account. All that happens when dividend withholding taxes are applied is the cash dividend you receive in your TFSA from US holdings is reduced by the withholding tax. This is also true if you hold foreign non-US holdings in an RRSP based in countries in which Canada does not have a tax treaty with in relation to RRSP's. I have seen this in my own RRSP account where I have had withholding taxes taken off my Teva dividends. The main purpose of a T3 tax slip is to distribute income to the taxpayer for a taxable account. They are not going to give you the benefit of any deductions if there is no income to be taxed. Hope this helps.

Q: Answer on autowash for question just posted.

Yes, TD ofers it and that is who we currently invest with. Basically, when you sell a U.S. stock it stays in U.S. currency in a moneymarket fund and when you place a U.S. order, the money in the U.S. moneymarket is used to fill it. This prevents you from contantly having to pay currency conversion fees. We have it on both our RRSPs and TFSA accounts. It's not usually offered in non-registered because you would just have a U.S. trading account. Hope this asnwers the question.

Q: Question.What is auto wash that Carla mentioned today for U.S. Money.Do the banks offer this in RRSP accounts is this something special.We are with TD and BNS for our accounts

Q: Hi Team,
Do preferred shares generally follow the common shares [up or down] or are preferred shares more influenced by other factors such as interest rates?
As an example, I own FTS.PR.J - if the common shares of Fortis [FTS] keeps working its way back up to say $35.00, will my preferred come back to $25?

Q: Hi Peter,
I would like to know your thoughts on MGM Resorts Iternational
Thanks

Q: Re: FLY.V

I have a position in FLY.V, and it dropped significantly today. Should I add more?

Thanks a lot!

Q: At what point would you sell WEF.WT.
Thanks Guys

Q: While I understand that you really like Stantec(STN), the market has been driving the shares down recently. Because your report on Stantec is somewhat dated could you please provide an analysis on the company in terms of earnings per share for the next 1-2 years, revenue growth, share valuation relative to historical trends, etc. What future catalysts do you see as influencing future share prices. Is there potential for the shares to continue downward to the $54 area where they were trading last October. At that price, they would be trading at about 15 times this year's expected earnings. What is a reasonable valuation for the company shares? As a secondary question how often do you anticipate updating company reports? Thanks.

Q: Another TFSA VS RiF question: I take out the mandated % of my RiF. Does it make sense to take out even more and invest those dollars inside our TFSA's because of the no tax on TFSA withdrawals? Or even take out RSP funds from my wife's account and invest those inside her TFSA?
My logic is - for example SGY - I expect it to grow and provide a nice dividend in the years ahead neither of which would be taxed when/if I withdraw those $ from one of our TFSA's.
Thank you. (What a difference 5i is making the lives of so many people!)