Investment Q&A

Q: I remember reading a question about old stock certificates and how to find if the company is still active but I couldn't find the reference in the database.

I inherited 500 shares Belmar Resources Inc. (an Ontario company) but have no idea who/what they are? What should I do to find out?

Appreciate your insight.

Paul F.

Q: Hope you and yours have so far successfully avoiding covid-19.
Our portfolio is below
Cons Discr 5%: US:NIO, US:CELH
Cons Stpl 3.8% - US:COST
Energy 6.2%
Fin Svcs 38% - BNS, GSY, RY, SHOP, SLF, US:BAM, US:JPM, US:MCO, US:V
Health 4.2% - US:MDT
Ind 5.8% - US:RTX, CNR
Real Est 2.7% - US:RDFN
Tech 13.4%
Telcom 5.7%
Util 7.4%
Cash 8%

All the fin svcs are up nicely but V and BAM have only small gains. We like both but think we should reduce this overweight sector and re-balance among the Industrial, Health and Real Estate sectors.
We are down 41% on NIO and down 12% on CELH but we are prepared to wait unless you think their prospects aren’t worth the wait.
We’d appreciate your view on what to sell in fin svcs and what to buy in Ind, Health & Real Est.
Many, many thanks.

Q: Which stock make sence in participating in Bitcoin related ?.

Q: Would JEPI be appropriate for US income and some growth with low volatility. What are pros and cons of this investment?

Thank you

Q: Hello!
I am underwater on my First Capital Realty shares (currently yielding 2.62%) and considering replacing them with Choice Properties REIT units (currently yielding 5.43%). Doing so would double my income from this position. My thinking is that CHP's income profile is more stable than FCR's. What are your thoughts on this trade? More importantly, would you make the switch now or wait for the economy to open up more? Once vaccinations are rolled out and the economy more or less returns to normal, does FCR's share price have more upside than CHP's? FCR's share price has rallied more in recent months.
Thank You!

Q: I am helping a grandson (age 22 in medical school) set up a TFSA with a small initial investment in one ETF. I am trying to choose between an international ETF (XAW or VXC) or a Canadian ETF (XIU). What would you suggest?
Many thanks.
Judith

Q: Do you know what factors have contributed to Mission Ready's huge increase in revenue growth (aside from winning better contracts)? From 2012 to 2018, the most they generated was 8.5M, and then as you've indicated, they generated roughly 21M and 60M in 2019 and 2020 respectively. I assume some of 2020's growth can be attributed to COVID, but 2019 and Q1-2020 not so much. Any insight into their recent success would be welcomed.

Q: With MRS the revenue growth is impressive. But I wonder how much of these new revenues are covid related (steralizing, cleaning, etc) and will dry up after covid issues subside? Any insight into how revenues are broken out among their offerings?

Q: I am interested in investing a portion of my portfolio USA market. It seems to me that the safest way to do this is through good quality ETFs with minimal dividend payout. Their stock market is far too large for me to consider managing individual stocks.
It is my preference not to buy a broad market index with thousands of stocks, rather to purchase ETF’s covering specific sectors that together more or less cover the major components.
At this time, which ETFs would you choose for ...
1.Health Care
2.Industry
3.Cyclicals
4.Value
5.Small Cap
6.Technology. ?
Financials and Resources are well covered in Canada.
Thanking you in advance.

Catherine

Q: Could you please provide your recommendation from a utility/energy investment standpoint. I have mentioned 3 possibilities here. Trying to gain insight around management effectiveness, leverage etc. For instance, FTS seems to have superior mgmt effectiveness from an ROE, and leverage standpoint, so is that considered superior or depends on investment objective as one is growth vs income oriented. In the end, looking for alternatives as I already own these, and Brookfield has performed very well so now over weighted. Thanks

Q: Further to my April 1 question can you confirm this is a $3BB market cap company or some other number and does that include just the SVS shares but not the prefs to be merged?
Thx

Q: Which of the above companies do you see as performing quite well when the market picks up over the upcoming year and over a longer term of 2-3 years?
Thank you for considering my question, I look forward as always to you answer.

Thanks, Jim

Q: In the answer to a previous question asked on March 22, 2021, you mentioned that you would prefer AC to CHR as an investment.

However, CHR has posted positive net income for Q2, Q3, Q4 2020, which seems pretty impressive for an airline during 2020. CHR seems like a more "solid" company to my untrained eye.

In the answer to the other question, you mention that CHR has been free cash flow negative for the past 5 years, but according to my research, it has also been posting positive annual net income since 2009. How would something like that be possible?

Q: I have these stocks in varying amounts in my TFSA . I have decided to sell one, two or three names to fund a purchase. Which three would you sell first? Thanks as always

Q: A little while back, I saw some info on CTS and thought to start a position; I purchased about 0.5% weight of my equity portfolio., and I was thinking of adding. I currently have CSU at about 3.75% weight. I have no TOI, which. has been favourably mentioned here. Some time ago I realized I was overdiversifies and had too many holdings; I have been reducing the overall number of positions held; it is no longer as big a problem but still could do with some more reduction over time. With all that in mind:
1. Do you see CSU and TOI as one position, or are they sufficiently different to count as 2?
2. If you were me, would you simply sell CTS and add to CSU?
3. Sell CTS & some CSU and add TOI?
4. Sell some CSU and add to CTS?
5. Sell a bit more CSU and add to CTS and buy some TOI?
thanks for your excellent service.

Q: What do you think is next step for TRZ, is the company a buy at this level?

Q: In my unregistered account (focus on low-debt, low volatility, dividend payers, and about 1/3 of total portfolio) my only real estate exposure is CRT.UN (5% of account, 1.8% of total portfolio). I have similar level of investment in CTC.
Would it make sense to replace CRT.UN with BAM.A, realizing that BAM would have much more than real estate (I have quite a bit of other renewable power elsewhere) and I'd be giving up around 3% dividends in the move.
Or a different REIT?
Time horizon 5 - 7 years.
Thanks for all your advice & guidance.

Q: Do you know the timeline for when this deal will close? I plan to take the cash offer but was wondering if there will be another quarterly dividend payment?
Thanks.

Q: I tend to like boring predictable companies. As far as U.S. self storage companies go, how would you rate NSA on the NYSE. Are there others you would prefer.

Q: Recognizing that these two companies are in vastly different industries, which one would you choose for a 3/5 year hold and why.
Thanks
David