Investment Q&A

Q: Good day 5i
I am planning to adjust my energy E&P holdings which include TOU CVE ECA BNP. I believe this sector is undervalued and would like to strengthen my holdings. BNP is in a loss px but I can use that to offset some CG rqd to adjust weights of some long time winners.

I plan to sell BNP due to its poor performance. M-star anylysts are critical of its mgt of resource assets.

Could you rank my holdings along with a few others, that I know you like, to enable me to take advantage of sector undervaluation to restructure.

As always, your advice is appreciated

ernie

Q: Hi..I could you tell me anything about MCW Energy Group MCW.V ?
Thanks

Q: Peter; Im sure you and staff try and read all the biz papers but just in case you missed todays G&M , Pge. B10 by Mr.Rothey, he comments on Momemtum investing. Thanks. Rod

Q: Hi, could you please tell me what you think about XEI as quick place to add funds during a market sell off? It's for my income portfolio (40% fixed income, 60% equities)
I like the 4+ % yield and the holdings. I believe iShares lowered the MER on it as well.
My equity portion is made up of the following:
XEI Index 2%
Consumer 3% CTC.A , L
Banks 19% BMO , BNS , NA , RY , TD , TMC , MTG
Insurance 11% MFC , POW , SLF
Utilities 8% EMA , FTS , TRP
Telecom 13% BCE , MBT , RCI.B , T
Prec Metals 6% AEM , TCK.B , SLW
Energy 14% CNQ , CVE , CPG , FRU , SU , ERF
REIT 13% CAR.UN , CHP.UN , HR.UN , REI.UN , TCN
Tech/Industrial 10% ET , MG , MDA , RUS , WSP, MRE

Thanks as always

Q: Could you elaborate a bit on the recent news from AHF confirming a term extension for their managed North American Financials Securities Trust. The news seems to have been well received so I presume the uncertainty regarding this event was the cause of recent price pressure. I am not sure I understand the issue - what was going to happen without the extension and is 5 years a meaningful term?

Q: Hello Peter and team,

I took some profits along the way in 2014 in a non-registered account and now I am wondering which of my losing stocks I should sell to offset the capital gains. The “losers” to choose from are:

RUS, <1% of portfolio, down 15%, capital loss would be 10% of total capital gain
XSR, <1% of portfolio, down 35%, capital loss would be 23% of total capital gain
AVO, 2.1% of portfolio, down 14%, capital loss would be 20% of total capital gain
TOU, 2.5% of portfolio, down 18%, capital loss would be 33% of total capital gain
D.UN, 4.1% of portfolio, down 11%, capital loss would be 27% of total capital gain
CPG, 5.4% of portfolio, down 5%, capital loss would be 16.6% of total capital gain

When I say the “capital loss would be 10% of total capital gain”, I mean that if I sold all the shares the capital loss generated would offset 10% of the total capital gain I have to declare in 2014.

If I sold RUS and XSR that only contributes a third to the capital loss I need to create. I am willing to wait it out for AVO. I like the dividend on CPG and D.UN. I don’t really want to sell TOU at this time, but I may not have a choice if I want to offset all the capital gains.

What should I sell? Should I suck it up and just pay some or all of the income tax when I file my tax return in April (I would be in the top tax bracket)?

Paul J.

Q: Hi Peter and Team,

What do you think of Cynapsus Therapeutics whose research on a new drug delivery system for Parkinson desease is partially funded by the Michael J. Fox Foundation.

Many thanks!

Michel

Q: Could i get your opinion of the value in analysts going out on a tour of a mine, oilfield, or even touring a manufacturing plant. I can see the value if it is someone like Brent Cook going out to a mine but the majority of the analysts have no background to realize what is going on out in the working world. As a working person I have been on 2 sites where tours of analysts took place and it is similar to when senior management comes out (clean the place up, and make sure everyone looks busy, and they are so careful to go to certain areas and not others).
Thanks

Q: Further to Gerry's comment/reminder to fellow Members:
1) Check for prevous questions regarding the Symbol/Ticker you are about to ask about.
2) NEXT before asking a question, ALSO use the "Drop down"
selection of "Search by Text" as a subsequent check that
other comments in miss-labelled/titled questions might
reveal insights to what you are asking.
3) Just as an example when I did a 'Search by Symbol' for AYA
it did not turn-up Gerry's comment/question, probably
because the symbol field contained two Symbols (AYA,AVO).
Whereas when I used the 'Search by Text' feature, Gerry's
comment was displayed.

As a note to 5i...I only discovered this feature by accident.
Was it ever advertised to the Members? Maybe a banner announcing this feature would be a good idea. The less time you spend repeating yourselves in your answers means the more time you will be able to spend on NEW questions.

Q: Hi Peter and Team,
I am currently holding GILD Gilead Sciences, CXR Concordia Healthcare and CCT Catamaran.

I am thinking to add one small cap of this sector into my p/f and am looking at GUD Knight Therapeutic and PLI ProMetic Life Science. Which one would you recommend. If you do not these two, pls suggest another one.

Thank you for you healp.

Q: Could you give your opinion on this Co for long term hold? Canada doesn't have equivalent large multi-national companies.

Q: Hi,

Do you have an view on Civeo Corporation (CVEO)? It has down over close to 60% YTD, mostly due to a decision of not converting itself into a REIT in late September. In particular, I am interested in knowing on how CVEO compares to Black Diamond (BDI) since both operate in the same business and therefore likely compete for the same projects. Thank you,

Q: Hi Peter and Team,

thoughts on ALJJ please.

Q: India is doing well now; your opinion on India large caps ETF ?
thanks
MD

Q: What two energy companies traded on the NYSE do you like the most?

Q: What do you think in regard to this stock. It's less than 1/2 it book value.

Q: Can you give me an updated outlook and comments on AAA?

Q: Hi Peter & Co
More of a general question.
With your years experience on Bay St I was wondering if you could give us some insight on what information analyst are given/get from companies.
i.e. How are estimates/guidance determined (do companies provide numbers or do analyst figure them out);
What information is asked and answered at private meetings? What are the disclosure rules?
How assessable are most companies for private meetings and is this something private investors can request from companies or is this generally reserved for investment professionals?
What questions are off limits?
Thanks
Joe

Q: Not a question but a reminder to members.. At the top of our members page 5i has suggested looking up the company you may have a question on, it may have been answered already. For the month of November the TMX had 15 trading days, questions were asked by members about Amaya 9 times and Avigilon 14 times. 5i provides us with an invaluable service at extremely reasonable cost. Fellow members please search before asking your question.
Just a comment not wanting to hurt anybodies feelings ( I'm Canadian you know ) Gerry

Q: Hi, I have held ATCO in my RRSP for about 3 years and have done well. I am now approaching retirement and am looking for higher income in my portfolio. I have a strong tilt towards the dividend growth and income strategy I am considering switching the ATCO to CU or EMA or FTS for better yield. Despite the lower dividend I feel CU will do better than EMA or FTS because they are primarily in Alberta. CU also has had better dividend growth than EMA and FTS in recent years. What are your thoughts on this plan.
Thanks, Manfred