Investment Q&A

Q: Hi Peter and team,

I've just sold half of my PLB (I was way overweight after the buyout offer was made). I'm happy I held it until now, thanks for the great advice to hold.

I've bought some great names, but am still looking for a couple small, high growth companies that I can comfortably hold for 5 or so years. This would be as part of the more speculative portion of my portfolio (~10%).

I see that a couple of questions on WAN have been asked, but you're careful to say that you're not recommending it to a broad audience. Is that only because of its size? From what I see it looks like a perfect candidate: high growth, great margins, high recurring revenue, no debt, cheap, strong management... the list goes on. Do you agree?

Are there any other names that you can think of off the top of your head that would fit in this niche of my portfolio?

Q: If I hold an ETF on U.S. stocks that's hedged to the C$,e.g.ZUB ,in a non-registered account in your opinion would the dividends be subject to U.S.withholding tax? Thank you.

Q: Hello Peter
Do I include "Cash" as part of my equity portfolio since the cash will one day be used to buy equities? I currently have 19.3% in banks [RY,CM,BNS,NA,LB,OLY] counting the cash as part of the equity portfolio but 23.3% considering equities only.
I have no lifecos but am considering buying Sun Life [SLF] which you recently recommend, but if it is considered to be a "financial" then maybe that would be too big an overall position in financials. I also have 40% in fixed income. I would value your opinion.
Many thanks...... Paul

Q: I have purchased SLW under $22...do you think this is a good long term hold or is something you would trade within what seems to be a trading range of $21-$25 ?

Q: Dear Peter,
I hold shares in NOV (National Oilwell Varco). The Co has announced a restructuring. Would it result in negative tax implications for a canadian investor? Do you know when the restructuring will take place? Should I hold or sell for reinvestment elsewhere? Thanks. I appreciate the great service.

Q: I prospered when you answered my multi stock / multi point questions, you gave instant clarity which I ran with, additionally I breeze over every question, reading answers when I want, its been an amazing education, Thank You. I agree with Orion "find the balance you need to continue to offer this great service, but **please** don't choke this great learning resource down anymore than you really need :-)",

Q: Morning to all.. my question involves dividend payouts. SYZ is paying out quarterly and this is due Dec 15th. After that date would it not be advantageous to buy into a monthly payer like IPL for two months taking advantage of their payout and then buy back into SYZ? Cycling for payouts ... could it work? TY.

Q: Re: DSG
The leadership transition should not be a problem at all because it was planned. But how do you think it's preliminary result? I think the stock price move now is caused by the preliminary results. I've already have half position, do you think I should take full position now? Thank you for your excellent service!

Q: What do you think of IBB, the US biotech ETF and if the assessment is positive what would be a good entry price? Thx

Q: Can I get an updated thought from you on Cortex Business Solutions (CBX.X). It seems to be pointing in the right direction. Last comments from March - Cheers.

Q: Hi, Peter
I frankly do not like the way Dundee International is behaving. I worked around financial statement and listened again yesterday to their conference call. Some questions regarding renewals, selling some assets did not helped my feeling. I sold this morning after buying a very small position.
What is your take?
Thanks again.

Q: How concerned should we be regarding Art Mesher's retirement at Descartes? On the surface, succession seems to have been well planned.

Q: Hi 5 i, my question is regarding PPY _Painted Pony - i did look to see other questions and answers regarding this stock but did not quite get the answer i was looking. my original purchase was at $7.50 and now its getting close to $6.00 .i can easily wait a year or so but what would you do in this situation. do you see any catalyst that could meaningfully propel this stock within a year time frame . if it makes any difference Canaccord has $15.00 within a year.

Q: Would you please give me your sound advice regarding UR -Urthecast? This sounds like a promising investment. Also cash, RRSP or TFSA account-which would you advise?

Q: Would you elaborate on your preference for SLF vs MFC and GWO.
Thanks
Ken

Q: Your thoughts on Timbercreek Global (TGF.UN).
Thank you,

Joseph

Q: gsz is a european gas company based in France could I have your opinion please

Q: Can you provide me with information regarding Painted Pony PPY.
Thanks
Joe

Q: Hi, after firing my wife's financial advisor, I transferred all of her securities to a brokerage account (BMO). I have trimmed the weeds (there were a lot) and am left with one flower - PMT.DB.D which was bought at $72 and now fluctuates around $96. I'm not familiar with this security and am attempted to sell it and reinvest in a growth stock in her TFSA. Can you share your thoughts on this security, whether to hold or sell, and what I could replace it with in her TFSA?
Thank you.

Q: v.sy Symbility has been in a steady downtrend since mid oct. the 50 day m.a.looks as if it will cross over the 200 day m.a. towards the downside ( death cross ).Can you give me any reason that one should continue to hold this stock? I bought around 0.47 and wonder if any of the selling could be tax loss 2 analysts have it as a buy.