Investment Q&A

Q: Is the P/E ratio of the TSX too high today and does it need to decrease?
Is the P/E ratio of the S&P500 too high today, and does it need to decrease?

Q: Hi, ADF Group announced new contracts for $90 mln in Canada and US. Earnings release is due June 11th. How is the current valuation of the stock vis-a-vis its peers ?
Are you still buyers at $17 ?

Thank You

Q: What are your thoughts on CWB. They are down 10% over the last 6 months, and pay a 5% dividend. What other banks would be a top choice

Q: I own ECN Senior Unsecured 6% Debentures maturing on Dec. 31, 2025. They are currently trading at 84 cents on the dollar, corresponding to an annualized Yield-to-Maturity of about 18%. I am concerned that this extremely high yield indicates serious doubts as to their ability to repay this debt (in cash). What is your opinion as to the viability of ECN?

Q: Dear Peter et al:

You can call me a "Nervous Nellie" if you want (!) but I am older than you and know that sometimes the story like TD to play out can take a looong time!

If one is sitting in a small loss position in TD, worth switching to another bank like RY or BNS? Or move into a riskier stock like GSY or an insurance co like SLF? I know it is comparing Apples VS Oranges. Nothing against TD. I am sure it will bounce back. But I can "see" it moving sideways for a while. Just an old man's opinion.

Q: Any reason for the big price decline today ( Tuesday )? Thanks a lot

Q: Going forward with a 3 year hold, please rank with the best combination of growth and volatility ie I prefer the stock with a steady climb to the right vs a roller coaster ride to achieve the growth. Thank you

Q: With the uptick in gold prices over the last several years,shouldnt BTO being making more progress in profits ,stock price etc.

Q: 5i, what would be your favorite Trading Platform for USD/CAD, I'm using iTrade , but I'm looking for something better, with better FX rates. Thank you.

Q: Hi, all

Not loving the ride I'm taking with CP these days. I think you prefer CN, which I also own.

I can stay in my seat with CP for diversification sake or switch and stick with CN.

Your general thoughts on the two?

Thanks,
Robert

Q: Hello team

what do you think of this company and would you consider it a buy? If you do consider it a buy where would it fit in your pecking order?

Also what is its valuation and fifth yield? Thank you!

Q: Can the recent raising of 1 billion USD turn the company around or is it Sisyphean curse that they find themselves in?

Q: Hi there, can you please provide an update on FLUT, getting hit hard today based on news.

Also, will flutter shares listed on the LSE now be transferred over to the NYSE only?

Any other thoughts or information you can provide regarding FLUT will be greatly appreciated!

Thanks!

Q: Hi there,

What’s your thoughts on the proposed deal to sell AY to Energy Capital Partners. Seems like price is too low will shareholders balk at this?

Ok thanks.

Q: Battery storage for renewable energy production in the US is expected to double over the next year. Can I get your opinion on the above stocks as well as any others that may benefit from this?
Thank you

Q: My question is about the increase capital gains tax.

Assume a corporate account has a
$100,000 capital gain on 3 stocks at this time.
Would one be better off selling and buying those back before the June deadline and saving an estimated $6,000 or just staying put and let the stocks grow and pay the increased tax at a later date when sold.?

I realize their are many assumptions but I'm interesting in a general opinion on a hypothetical scenario.

Q: Hi Team,
In reference to a Gsy question answered today you were asked “how high can Gsy share price go? “. An open ended question with no time frame. You answered $250. Is that this years target? Or next years ? As a general rule can it be assumed that a company share price should follow the earnings growth over time? In which case Gsy should be a $1000 stock within 7-8 yrs roughly with today’s earnings growth rate compounded, for example .

Thanks,
Shane

Q: Hi Peter,

Not sure if this is a question that you have seen before.

Can a person transfer an RRSP in kind to a RRIF?

Currently my wife has a LIRA, TFSA and an RRSP.

She will start drawing down on her investments in two years.

I’ve read somewhere that if you transfer the RRSP into a RRIF that you are not subject to withholding tax.

While I understand that taxes will need to be paid eventually, I would rather settle that up at tax time and can do that out of any account.

Thanks in advance.

Q: I have a few small and midcap Canadian stocks which are down 20-30% since Covid hit. Well Health is an example. I’ve been thinking of trimming at a loss to put the funds into something performing better today. I still have confidence in companies such as Well Health and am in no hurry to trim. I understand each stock is down due to a range of different factors but the underlying theme might be capital flight from smaller growth companies. My question is what might be the impact on small and midcap Canadian stocks if the BofC lowers rates June 5 and again in the next few months. Is this enough of a spark to see these stocks see any kind of recovery in the next 12 months?
Thanks for your wisdom in helping me better understand the macro forces at play.

Q: Hi 5i Team - Is NVEI worth holding on to in case of a higher price or is it best to sell and use the money somewhere else. When does the takeover happen. If I sell are there a couple of replacement stocks you think would work for a three to five year hold.
Thanks.