Investment Q&A

Q: What are the best picks for the major banks? Is it beneficial to hold 4-5 banks? What is your take in the financial sector as a long term investment.

Thank you for all the time you guys spend answering questions.
You guys are offering a tremendous service for novice investors like myself.

Q: Hello Peter & team,
Just wondered if ROGERS SUGAR INC. (RSI: Toronto) would be a good buy at the moment. ( for div, div growth, & some stock growth).
If so, then a short wait to allow the market to settle, & for the stock to move positively through its 20 day moving average may be prudent ?
Thanks in anticipation.
Best wishes,
Paul.

Q: I have owned valiant since it was biovail so have an excellent return but am wondering if time to reduce or sell outright. They used to pay a dividend but not now. A lot of advisors say to hold or sell it. I have reviewed the mechanics and don't know why I have changed my view it feels like a gut reaction which has served me well with no the past. Your thoughts

Q: Hello Peter,

What are your thoughts on Laredo Petroleum Holdings, LPI.

Q: CFX Canfor Pulp Products

Yesterday CFX announced that they were suspending their dividend ($0.05) for the quarter. It’s getting punished today. I see that you wrote last month that the market was probably uncertain about the new CEO, pulp prices and the global economic picture. CFX also noted in the last quarter some onetime costs, settling of the labour agreements and the plant outage. I note that in the past when CFX was an income trust, the distributions went from $1.44 in 2008 to $0.48 to $0.12. By 2010 the payout was raised to $3.00. Now in a further two years it has dropped to a $1.60 dividend when they converted to a corporation, then reduced to $1.00, then $0.88, then $0.20 and now ZERO. Based on this pattern, one would hope that within two years the dividend will be back to $1.60! I’ve held CFX for many years and would you agree that in the long run it might be a good bet to hold and expect some better quarters ahead? Or do you think that there’s a fundamental change in the company’s management and business?

Q: Can you shed any light on this latest drop in Absolute Software's (ABT) share price? In May you suggested they were misunderstood and had a confusing way of reporting revenue. Now they are reporting in US$. MD&A was upbeat too. I thought/hoped these factors would be noted and evaluations adjusted. I would appreciate your opinion, thank you.

Q: I am considering investing in ATP or AW.UN for high yield on this market pullback. Both companies have a B+ rating. Which business offers the best 5 yr investment? Thanks Larry

Q: Looking at ERF for grandson's RESP. It has >6% yield and a PEG < 1. What do you think for a long term hold?

Q: UBS puts forward Suncor as a 'key call' in Canada (apparently there are only 5 so-called key calls in Canada). Is this sound ?
Any reason to prefer Suncor over CNQ or COS. The large caps all seem to go in the same direction, either higher or lower.

Q: Hi Peter,
I would like to have your opinion on Teck Resources (TCK.B.).
Thank you

Q: DD Digital Dispact. Peter, huge volume today - and just wondering if this is sending a signal that someone is interested in taking a big position for future take over offer. My math says its trading at book right now. Thoughts ? Thanks for your reply

Q: Re: Passport Potash (PPI) and the holbrook basin.
I would appreciate your thoughts on what the Prospect Global and Sichuan $2 billion purchase and sale agreement might mean for PPI as they're 1) neighbors on the basin, 2) PPI appears to have land concessions within Prospect Global's concessions.


Generally

Q: What do you think of Taseko Mines (TKO) and the possibility of the Prosperity project. Thanks

Q: Peter, I am a dividend seeker (RRIF) and have to decide between ENB and ETP-N. Big difference in yield while other metrics are close enough. You opinion please, thanks
ENB/ETP-N:
yield: 2.88%/8.4%----favours ETP
Debt/equity ratio: 1.58/1.28---favours ETP
P/E ratio: 48/32----favours ETP
Payout Ratio: 28/32----favours ENB
Beta: 0.39/0.87-----favours ENB
Price/Sales: 1.37/1.51-----favours ENB

Q: re Agrium
Thank you for your suggestion not to sell into the Dutch auction. I am liking the dividend increase and potential effect of the 6% share buy back…
mike

Q: What do you think of Agu at the current price? They have announced that they will double their dividend. Thank you.

Q: What was your reason for picking WEQ and ELD for the contest?

Q: Peter
What`s your opinion on HCII and CCT.TO . They`ve done fairly well lately but was wondering about their longer term outlooks .Are they a good space to be ?
Thanks for your input .

Q: I am holding Canadian Utilities and not Atco. Atco has outperformed CU by a large margin YTD. Could you explain the differences in these 2 interconnected stocks and why Atco has done so much better. Thanks.

Q: what is your take on cgl. Are there any other gold ETFs or companies you recommend.
thanks