Investment Q&A

Q: I am looking at some of the oil stocks and see SGY and PD for example are trading at or below book and with a P/CF of less than 5 (based on stats from TD's web broker). Both pay dividends, though these may yet get cut a bit. Sure there is likely to be volatility for a while, but if not these, what metrics would you use to say it is time to start overweighting some of the sector?

Love your service!

Q: Canaccord posted this on AYA today: Amaya Gaming Group* (AYA : TSX : $38.03), Net Change: 0.00, % Change: 0.00%, Volume: 525,017
CALIFORNIA'S "BAD ACTOR" PROVISION. California’s first new online poker bill, AB9, has been introduced by
California Assemblyman Mike Gatto. According to Canaccord Genuity Tech Analyst Robert Young, the bill as written (and it
will be contested) is a mild negative for Amaya, as it would exclude PokerStars and Full Tilt from participation in California (a
"bad actor" provision). The bill appears to be much like draft legislation released last year by a coalition of 13 native tribes led
by Pechanga and San Manuel, which have been vocal in opposition to PokerStars. While a negative on the face, it is just an
initial step in the process. As noted recently, this coalition against PokerStars was weakened when San Manuel joined a separate
group aligned with Amaya. A successful passage of this bill will require negotiation for support to get a successful 2/3 vote in
both the California Assembly (which reconvenes January 6) and Senate. Young says we are likely to see competing legislation
introduced given indications from at least one other Assemblyman (Reggie Jones-Sawyer).

And this is an informative article on AYA: http://www.forbes.com/sites/nathanvardi/2014/12/01/the-king-of-online-gambling-is-34/

Q: The other day Jeff Rubin, on BNN, talked about his 2008 thesis for $200 oil; and how the shift in world oil industry dynamics has altered the competitive landscape and hence oil prices. His current position is that oil prices will continue to fall until the high or highest cost producers cut back or shut down production, namely and mostly, Canadian Oil Sands players; but also US shale plays as well. Until these companies do cut back he expects oil prices to continue down. Where the bottom is no one knows.
In his mind, it is naive to look to Saudi Arabia (the low cost producer) to cut back at all.

Do you agree with his reasoning?
And do any oil sands or shale companies come to mind that might capitulate and reduce production?

Thanks again.

Q: Good Morning 5i team

Temperatures are dropping in the US big time and another cold winter is likely. Natural gas is a major fuel source for both heat and electricity. It is produced as we all know largely as an "associated gas" when oil is pulled out of the ground.

According to S&A Resource Report, Natural Gas supply/inventory is at a 5 year low in the US. And at $60 PB many of the oil producers will be shutting down less profitable wells in turn reducing NG production when it appears it may be needed the most.

My question is this... which well managed NG producing Canadian Companies would you recommend? And what is your view on my above comments?

Thanks for all you do

Gord

Q: Hi Team

Which Sector would you fit Amaya into? Consumer Discr. or Info Tech?? Also is it not trading today? My TD accounts show it frozen at a certain price ($37.70 and not moving all day). Also I would just like to say, I have done so well (excepting energy 10% down to 6% due to falling prices), having fun and am learning so much, since I joined in March/14. thank you thank you

Q: To Rick's question of Dec. 1 regarding Birchcliff's dividend: Birchcliff's preferred shares pay 0.50 per quarter. There is also bir.pr.c, paying a bit less.

Q: I curently have some cash to invest in my portfolio which for the most part is now similar to the model portfolio (thanks to your advice!) I am under my allocation in all sectors (3 to 4% range) so I have flexibility where to add. You mentioned in a recent response to Tim that Surge (SGY) has good upside potential when the market turns from this recent sell off. Do you have a few other suggestions that you feel have the portential to recover quicker relative to others? thanks again and again. John

Q: What are your views about this company. Is it a good time to buy this stock at this time.
Thanks

Q: why did Enbridge ENB share rise by more than $5 today

Q: Hi Peter and Team, Do you think that SGY's yield of 14.085% is sustainable until some stability returns to the oil market? Hopefully they won't do a "COS". Thanks!

Q: Hello 5i team,

Was very surprised to not find any comments/questions in the forum on ENB after a 10.53% jump in share value today.

I have read about the increased div as a result of the massive restructuring plan in place. Is there any other reasons you know of for the jump? And with this increase, my portfolio allocation has risen to 6% - would you recommend a trim?

Thanks for all you do

Gord

Q: For European and Japanese equity market exposure at this time, do you recommend using Canadian $ hedged ETF's or unhedged versions? What specific ETF's would you recommend for these two markets?

Thank you.

Q: Are you going to make any portfolio changes in the near future? I am slowly transitioning into your portfolio and am wondering if you will make any changes in the new year. I have some cash on hand and have been waiting for a timely entry, perhaps the time is nearing! Thank you once again.

Q: Please rate A B C

Q: Hello Peter:

I see on some bullboards for stocks that investors ask someone to post the house positions for a certain stock. What info can be derived from this? Is this how much the various brokerages have traded a stock for their clients or is it how much these brokerages actually own themselves and move around. I am with Scotia iTrade and my trades are personal decisions, do they end up in these house position totals?

Thanks in advance

Brendan

Q: What is your opinion about this stock?thank you.ebrahim

Q: Hello, crazy times in the oil patch. I am hearing some analysts touting oil and worried about natural gas and of course lots of people saying the opposite. I do have Tourmaline which is down of course. Any sense switching for CNQ, or just let time do it's thing . I was going to wait until closer to the end of tax loss selling before making any changes

Q: What do you think of td earings and this bank going forward.

Q: I am thinking of putting a credit spred on this Oil etf .I want to go out to 2016 (jan)
Where would you think Oil`s range would be then ?$75-80 ? Is there a symbol that I can follow OIL-- on chart to plot 20-50-200 day average ?
Thanks ---great service ---great site
Don

Q: Would you still consider holding this company(its in my TFSA)? It is about 5% of my portfolio and the recent decline is worrisome.