Investment Q&A

Q: In response to an earlier question on Boyd, which I hold, you stated ," BYD is starting to look pricey but is actually cheap on a historical basis..." What particular measures are you using to make this judgement as it seems trailing PE is about 28X and Book about $5? My charts only go back to 2003 but I note it traded under $4 a share for 4 of those years so it's come a very long way to here. Thanks, J.

Q: Greetings: My question is concerning 3 stocks: Element EFN, Fiera FSZ, and Tricon TCN. I have owned these stocks for over a year, and they have done almost nothing. I bought them because I understood them to be "growth names." But in retrospect, which I know is always clear, I would have seen more growth in non-growth names: BNS or HCG, or even KBL or WPK!. Also, I note that you say the following about Element: "We think it is a stock that needs to be given five years. We think the company, despite all of its recent activity, is only getting started."
OK, here's my question, I know, finally. My opportunity cost has been huge on these names. Should I just be patient (hopefully not for another 5 years) or exit now, after which I know all three will immediately shoot up, and then enter when they have "matured" a bit. I had expected steady growth. Or should I simply hang on and change my expectations. With new money I am buying names like First Service and Auto Canada and Boyd and seeing way more growth.
Thank you once again for service that I still can't believe exists. Cheers

Q: Peter and team,
Can you give a update and opinion for IMG, SAS and general gold comment.
Thanks,
Paul

Q: Eric Nuttall just trashed Surge Energy and Bellatrix Exp. as being 'un-investible' companies, while at the same time highlighted EnCana and Tourmaline Oil as his top picks, both of which are owned by Sprott (the company he works for)....is this good advice, or the type of conduct that caused you to create 5i? Thanks as always...

Q: We currently have approx $20,000 GIC maturing that we wish to reinvest. The current yield on GIC's is very low and we are reluctant to put this money back in GICs. However in our portfolio we consider this $20,000 to be part of our "SAFE" money. We are considering preferred shares for their higher return and relative safety if we buy from a "blue" chip company.

Could you give me the name of 3 preferred shares that you feel confident in recommending. We are happy to hold these for long term. If you have any other suggestion for a very safe investment we would be happy to hear that as well.

Thank you

Q: Like to have your opinion of AM, E and TBE
Many thanks, Joseph

Q: Hi guy's ,a question about AFN ,they show a dividend far above earnings,how does this work and would it be a good investment at this price.Ihave been watching it for awhile but it never seems to have a decent pullback.Thank you.

Q: Bellatrix (BXE). I am down 18% on this company. I know they did a bought deal at $9.50 and that it was reduced. Is it more volatile because it does not pay a dividend and shorts don't have to cover the dividend? Should I continue to hold or buy more or wait. It is dragging down the rest of my portfolio.

Q: Hi Peter& Team, thanks for all your help to date. I am starting TFSA and RESP account for my kids and looking for some growth stock advice. One of kid has 5 yrs timeframe while my son has 10 yrs timeframe. Thank You.

Q: Kelso KLS-X seems to be delisted. I cannot seem to find out why this has happened and how it will affect me , as I have some stocks in this security.

Duane Campbell

Q: Dear Gentlemen.
Refresh Financial Debentures
I bought the debenture (with 7% interest) last year, as a private investment and so far its OK.
They offer new issue.
Its a risky investment ?
Thanks for opinion
Best Regards

Q: Bankers Petroleum (BNK)had a sudden price drop today, followed by a rebound. The volume of shares being traded is six times than the average normal. There was a trading halt today, followed by resumption. The company is having an investor day conference in Toronto, followed by another one in London. The company seems to be doing all the right things. The stock is up 70% from the time I bought it. Should I hold or sell it here.

Q: Dear Gentlemen,
Question : Consumer Sector (for PF balancing)
1) Do you consider Consumer Good, Consumer Defense and Consumer Cyclical as one sector or 3 sectors ?
Thanks
Best Regards

Q: I am looking at 5 stocks with the objective of buying 2 or 3 of them in my TFSA (which is doing well thanks to you). The 5 are SPB, SGY, TOU, RRX and IPL. Only SGY and IPL have net buy insider trading. TOU and RRX have large net selling.
How important are these insider trading numbers and can you recommend 2 or 3 of these?

Q: Hi peter
If you had to pick one of CP, CNR, and ALC common shares, which would you pick any why.
Also I own some ALC.DB convertibles so should I hold to get the 6% yield and wait till 2018 to convert or do it sooner?
Thank you....... Paul

Q: good morning team,

May I have your thoughts on Boralex (BLX.TO) as a long term investment?

Thanks, Manuel

Q: Could you give me your top four selections for growth in any sector.
Many thanks
Garry

Q: In Wilan’s (WIN) recent annual circular, there is a proposal to “reduce the stated capital account of the common shares in the capital of the Corporation by $120 million”. Is this the same as a share buyback? Can you explain in simple terms what this is and why a corporation does this? (I understand share buybacks, but how is this different?)

Q: YO - Is Yoho Resources a buy here? Seems it could be a diamond in the rough, especially with most other O&G names at 52 week highs, if their Duvernay projects work out. Thanks, Brad

Q: Thinking of tax loss selling GPS,HGN,andSFD in the next week or two.Do you forsee any positives in any of these firms to warrant delaying this action till the fall?Thanks for your insight.