Q: I am still holding WJX despite a 35% drop (since original purchase) in share price, because I remain of the opinion that it is a well-managed company.
Even this morning's release of financial results seems to bear out that management is doing their job OK in tough times. And maybe even going forward?
BUT . . . Is the drastic dividend policy change a significant enough factor to make it worth dumping my holdings, in your opinion?
Context: WJX is about 4% of my equity holdings, & my holding period is anticipated to be 3-5 years, maybe longer, & I rely on dividend reinvestment as a significant part of my strategy.
Thanks
Q: Hello Peter & Co,
I sold KBL in early 2014 for $40 and watched it muddle along for quite a while; in a matter of a few months it moved up to around $50.
It is now way in overbought territory (upper limits of RSI) and with an ROE of around 15% and forward P/E ratio of between 25 and 30 (depending on the data source), the ratio profitability/PE being much lower than 1 (0.5 to 0.6).
Is it too early (or maybe too late) to get back in?
By the way; I own most of your holdings in the Model Portfolio, but because I do not invest in Smoking and Gambling related stocks my returns are slightly lower but still quite respectable. It takes all kinds of people to make a market, right?
Thanks,
Antoine
Antoine
Q: I was all set to sell my ECI holdings because I thought the company was just for income with little in the way of growth prospects. Given today's results should I be reassessing my commitment to this company?
Q: Hi Peter and team - Do you or any of your readers have any recommendations for a Web site that gives accurate and relatively concise summaries of several of the fundamentals of a company, in particular its cash (and cash equivalents) on hand as well as debt. I have used Globeinvestor and TD Waterhouse but neither seem to show the cash component.
Thanks.
Q: Understanding that there are a lot of sectors within sectors (any comment on that would be appreciated as well) how do you feel about this weighting at this time?
Financials 15.00%
Utilities 5.00%
Telecom 5.00%
Consumer Discretionary 10.00%
Industrials 12.00%
Info Tech 20.00%
Consumer Staples 5.00%
Health Care 15.00%
Energy 8.00%
Materials 5.00%
Read Answer
Asked by Christopher on March 03, 2015
Q: I've calculated that I should keep one year of income as a rainy day fund. I've been holding it in cash but would like to maximize return while not risking its safety. I've been considering a short term bond fund such as VSB. What would you recommend?
This fund's NAV has always been in the 9.5 range while this ETF has traded as high as 11.00 dollars recently and has a yield of around 7%. They also did a secondary offering recently at 10.10. What do you think about this ETF for income and why would it be trading at a premium which was as high as 16% at one time.
Q: There seems to be a deluge of portfolio building and asking of 10 stocks etc and portfolio advice instead of specficic issues or one or two comparisons.Seems to have gone from where it was.
I am interested in adding some REITS to portfolio. I own none presently.
1. is this a good time to look at REITS ?
2. How would Bank of Canada changes in interest rates affect sector (the 5i mantra seems to be that earnings and interest rates are the key to looking a company.
3. based on data base you have access to can you classify the following according to the 3 most important metrics to look at for this sector (what are the metrics ? and their values) I think these 3 are the best looking but have trouble with confidence in globe and mail data
HR.UN-T
D.UN-T
AX.UN-T
how would you rank these 3 or do you think others are better from a "value" or safer (maintaining dividend point of view) ?
many thanks
Ernie
by the way, if I understood from my readings on REITS, I am more tax advantaged to hold them in a registered account than an open account ??
Q: Greetings
Many publicly traded companies grant stock options to their executives and officers under the guise of aligning the long term interests of management and shareholders. 10% of the issued and outstanding share capital to be made available under the plan appears to be the norm. From my perspective this is a 'heads I win, tails I don't lose' proposition for those involved and would much rather see outright share purchases by management. Has 5i considered doing a blog or similar regarding stock option plans and potential red flags to watch out for? As the board of directors are giving away our company when they do this some thoughts around what is reasonable from you would be appreciated.
Thank you so much
Tim