Investment Q&A

Q: Hello Peter et al.

I was wondering what your viewpoint is on INA.V after the latest news release on their 2nd Q results. They own a portion of a great asset in Huntington in the North Sea and it has great potential but always seems to run into hiccups due to bad luck or outside forces. It did some financial maneuvering with their calls and Puts with BP concerning future production and the stock got killed on Friday. I still hold the stock and hope they can somehow reach their potential but it appears that they are always at the mercy of outside upsets (BP's CAT gas export pipeline - another planned shutdown in November for a month). The financials for the next two quarters do not seem like they will improve so will they survive until 2015 for me to see some return on my investment?

Also it is coming to the week after Labour Day and most times it appears what ever way the market goes during this upcoming week is a foreshadow for the rest of the year (I.e. The big boys are back from their summer holidays in the Hamptons). Do you subscribe to this point of view?

Look forward to your response.

Brendan

Q: Hi Peter/Team,

Good luck on your ride Peter. Come back safely - we really need you here! ;-)

I have a question about some US funds I read about on Seeking Alpha. I know you focus on Canada but would appreciate any general or specific comments about these funds.

I paraphrase the description by a poster: "...funds are around half US stocks and around half foreign stocks, and write covered calls against some of the shares in the portfolio and have payouts over 8-9%."

Here is the list:

EXG.US Eaton Vance Tax-Managed Global Diversified Equity Income Fund
IGA.US Voya Global Advantage and Premium Opportunity Fund
IGD.US Voya Global Equity Dividend and Premium Opportunity Fund
IDE.US Voya Infrastructure Industrials and Materials Fund
BOE.US BlackRock Global Opportunities Equity Trust

The poster also mentioned the following fund that "...writes call options against some of the shares in the portfolio."

GNT.US GAMCO Natural Resources Gold & Income Trust

Any thoughts or advice you may have would be greatly appreciated. I am looking for long term income with low to moderate risk. I suspect these are high risk though.

All the best, Michael.

Q: Hi Guys, since joining in January, I have transformed my portfolio into the 5i model, thanks for the guidance. I just found some extra money, do I;
1) increase my half positions in PKI, DSG or Ciniplex
2) buy a full position in QST, DHX or.................
3) hold cash
I am long term investor, 5 years +
Good Luck Peter with the ride, be safe and enjoy the journey!
Jim

Q: Morning Peter & Team,

I am looking to gain exposure to the following three sectors/industries for my dividend portfolio:

- Energy
- Pipelines
- REITS

What would be your pick if I were to buy full position for each next week?

Cheers,

Richard

Q: Rogers & Shaw just announced Shomi to compete with Netflix. I wonder would ESP or NLN benefit from this product launch?

Q: VII.US/AVO
Are VII and AVO in direct competition? As per a quote from VII's statement, "highly regarded brands within the security industry allows us to bring a compelling and completely proprietary video solution to our customers”, does one have better security solutions or do they each have specialized niches? I would appreciate your opinion and if possible a brief evaluation/comparison of VII. I'm also considering owning both for a combined full position. Reasonable? Thank you.

Q: Thank you to Dennis. I have registered for the three day money show in Toronto.
Helen

Q: ENB has strongly lagged the other pipelines ytd, as well as in August. Why? Is this likely to continue? And do you still prefer ENB over IPP, TRP and PPL. If so, why?

Q: Hi,
It,s been a few months now since your last take on Sensio, SIO.VE, would you be so kind as to share your thoughts on this company and it,s future prospects.
Have a great long weekend!

Q: Hi Peter and Team,

I am currently an owner of American Tower (AMT.US). I bought this sub $60 based on people I know in the business who believe the demand for Tower Space will be strong over the next foreseeable future. There are a lot of naysayers out there on this company but I cannot find anything in their financials or results that would cause me concern. Am I missing something. I like both the growth and yield on this one.

thanks for all you do!

Q: While I was aware of Buffett back in the mid eighties- $6,000 a share blew me away- I woke up and got some Ffh earlier this year. Any other ambitious type manager out there in a public company with a similar strategy that you see out there??

Q: Hello Peter and 5i Team,
I have a general investment question regarding interest rates and how they affect the market sectors.
I have done done a significant amount of reading and some research on the topic ( not to mention office debates) but find conflicting information.
I know this is a complex topic but I'm sure some of the members would like to read your perspectives on the affects of increased interest rates on the market sectors such as the Financials and 'Life' insurances companies.
Thanks,
Paul

Q: Hi Peter and Team, I have recently heard a number of analysts/portfolio managers comment on Surge Energy as having an unsustainable model due to their strategy of acquiring assets past their prime , with high decline rates. The preferred model would be one such as Crescent Point Energy which owns assets where future production has more upside. Could I please have your thoughts.

Thanks, David

Q: QHR Corp/Technologies
Hi Peter and Team,
QHR has been continually growing, just had great Q2 results, has had insider buying more than 200,000 shares in the past week (as shown in Can. Insider - marker tab)and stock is still declining and trading sideways for some time now. Stock should be continually going up, am I missing something? Would be great to get your opinion on the Q2 results, and you overall opinion of this company and perhaps why stock hasn't moved up.
Thanks,
Brenda

Q: I currently have equal weights of CCL, DHX, SYZ, SGY and STN in my TFSA. I was considering adding PRW as my final position. What are your thoughts?

Q: Hi Peter, i am planning to open a TFSA account for my 18 year old son this month. Any recommendations on what to buy? Total investment amount witll be $5500.

Thanks.

Q: What do you think of Warren Buffet's investment into Tim Hortons & Burger King. Is this a good time to get into BRK.B? Or, should I wait for a possible market pullback to make the stock 5%-10% cheaper? Is there is discount or premium to NAV on this stock?

Q: Hello 5i,
I’m looking to better my portfolio incrementally, in the financial sector, I have three companies which I like, Mercury General Corp (MCY), Oritani Financial Corp (ORIT) and Old Republic International Corp (ORI). I have cash to buy one of these companies and will sell Australia and New Zealand Banking Group Ltd (ANZBY) to buy the other. Does this make sense from a long term perspective? I was looking at the Beta of ANZBY and thought I could do without that.
Thanks,

Q: With the recent bounce in Athabasca's stock price (ATH) resulting from announcement of completion of sale of Dove stake, just wondering if you still see any upsides to Athabasca. Is it worth hanging onto? Much appreciated.

Q: re CHEMTRADE LOGISTICS fUND..
I wonder if this debenture would be a buy at this time? I know the interest is commencing in December 31,?
Please advise.