Investment Q&A

Q: <I>New Service and Special Offer:

We are excited to be officially taking over and re-launching a newsletter called the ETF & Mutual Fund Update....</I>


Congratulations on the expansion of your empire.
May you profit well.

Stan

Q: The addition of Comparables and Historical Analysis to the 5i company reports is quite useful and enlightening, another example of how you find ways to give subscribers more value for what we pay. I'm not certain how to relate the right hand graph (Value % CAD) in KBL's case 15.70% to the measures in the tables though; also the left EV/EBITDA chart number 14.51 going into Nov. is quite different than the table #12.4? Finally the bottom graph label is a little fuzzy on my screen but I think it's RSI, please confirm. Thanks, J.

Q: i was thinking of selling autocanada for a tax loss and repurchasing it 30 days later, what is your opinion fo that strategy.

Q: This company is going private. Would you recommend that I sell my shares in the open market today? Please comment on this latest development with Canamax.

Thank You.

Q: I know how you feel about knight, I feel the same way and have a large position. my question when does that massive cash balance on the balance sheet become a hindrance, I know goodman is a patient shrewd investor, but without any new agreements for quite awhile now the stock is marking time(maybe not a bad thing in this market), and actually with the 30 million coming back from crh, their cash balance increases.dave

Q: Last week I added to the following positions in my non-registered:

DSG, AYA, ATD.B, CCL.B, WSP, TCN, BCE and FTS.

Because the market is so volatile I only bought half of what I want in each with plans to buy the other half by the end of December.

Should I take advantage of yesterday's drop and buy the rest now or wait until the day after the fed announces the rate increase? Do you think there will be a small drop after this increase?

My other option is to put lower bids in that are good for the next thirty days and see what I get.

Q: I am a conservative retired, dividend-income investor with a pension and CPP. My portfolio includes mostly dividend-producing holdings (AD, AQN, ALA, BCE, BNS, CGX, CPG, PBH, RY, SLF, WEF, WSP, WCP, ZLB, XIT, Sentry Cdn Inc, Sentry REIT, TD Health, RBC Cdn Equity, Fisgard, and Annuities).

I am looking to add ZWH-T for income and some growth, acknowledging the T1135 inclusion and the dividends being treated as interest income. This would be held in my non-registered cash account.

Question 1 = would any dividend withholding taxes be reconciled at tax time, due to the USA-Canadian tax treaty?

Question 2 = would ZWH be an appropriate investment for my profile above? At first glance, it doesn't look like we have much foreign investments, but when you prorate the foreign holdings and/or income we have 30% non-Canadian investments (AQN, WSP are good examples). Is 30% too high for our profile?

Question 3 = I don't read anywhere about any hedging of the Canadian dollar. Am I at any currency risk?

Thanks for your help...much appreciated,
Steve

Q: Hi team. I'm trying to find an ETF that pays a dividend of 4% or more that has NO canadian exposure. The best one I have found is a new ETF called ZDH (International dividend ETF). The good: The PE is 13.3, which is surprisingly low (if you could verify), the yield is 5%, it's hedged, no holding has a weight above 2.3%, the largest sector is 27%. The bad: I don't recognize ANY company in the top 10 holdings, the MER is 0.45%, the liquidity is weak (can be a good thing when buying). Also, the dividend is above 4%, which as we've seen on the TSX this year, that often means trouble (CJR, WCP, LIQ, WIN, TMC, D.un). Would you recommend this to someone 1 year from retirement? He would give it a weight of 15%. Please take your time to respond. I'm in no hurry. Just want to be extra careful on this move since it applies to my dad. Thank you and great work!

Q: What do you think of this company and the reports? A sell, hold, or buy?
Is the dividend safe? Thank you!

Q: Thursday saw a further 10% drop in the share price of BNK, on massive volume (3x normal). However, I saw no clear news to justify the drop. Do you have any insight whether the Albanian tax problem is more serious than first appeared ? What is your prognosis for this stock ?

Q: What effect will the expected interest rate increase in the U.S. have on EFN? Have they borrowed. a substantial amount of money to finance acquisitions.
Thank: Jerry

Q: Hello again gurus!

I am interested in increasing my US holdings.

I presently hold the Vanguard Total Market and like its very low MER. I intend to add to my US holdings. What is your opinion of the BMO's ZWH?

Would you suggest that I simply add to my Vanguard Total Market Fund or put my new money into something like ZWH which, while it has a higher MER, also has a higher dividend?

Either way, I intend to buy and hold the ETF's.

Thanks.

Q: What are your thoughts on richards packaging as a long term growth stock with a 5% dividend in a TFSA Could it be a potential takeover stock by a larger company?

Q: What's with BNS? It's been dropping all week. Can you shed some light on this and what is he outlook for it?Thanks very much,

Q: John Embry wrote an article for the Daily Buy Sell Advisor (Investors' Digest) yesterday which was quite disturbing. It concerned the massive short selling of gold & silver and the exposure of banks, especially the Deutsche Bank to derivatives. Deutsche Bank is reported to have exposure to derivatives exceeding the entire world's GDP. I have concern for the world's financial system. Can you provide either further insight or guidance?

Q: Enbridge announced 14% increase of dividends and dropped like a rock 3%. Last year ENB about the same time announced about 30% dividend increase and shot up 20%.

So increase is an increase, why the reaction is totally different from last year ?
Do you see any other bad news today and going forward >

Q: Thanks for your great analysis.For what it is worth today BMO CF & RY 1ncrease target price ranging from $18.50 to $22 with Buy & Outperform ratings. Thanks

Q: I would like your opinion on Saputo, would it be a buy at this time. Thanks for all the great information this year.

Q: FC-T has a high yield over 7%, which is a better return than any of it's convertible debentures. a free cash flow of 5.47M, However a book value of 10.28. They have never reduced their dividend. Do you see this company as a reasonable investment for income.

Q: Greetings all. I'm looking to add some U.S. Growth stocks to take advantage of their recovering economy and to diversify against possible continued weakness in our own over the next few years. I understand you don't cover the U.S. here, but are there any companies that your team is excited about in terms of growth stocks in a couple of the higher weight sectors? Thanks very much.