I am perplexed with the behavior of NKO. It gets very good news and then in the next few days it goes even lower than the last time. I currently have a large position in anticipation of the positive developments that are happening. What risks do you foresee in the future that need to be looked into. I know you are reulctant to rate it as a buy due to past price performance, but what do you suggest now, reduce my position or hold.
Q: Hello, I see that Nordex Explosives has hired Capital Ideas to raise their company profile. Does this mean they will be promoting the stock and thus can we expect the price to increase? Thanks Dave
You recommended FSZ last week on BNN. I'm having trouble interpreting its P/E ratio of 165. I presume you are using something else instead of earnings as a comparator. Could you explain?
Q: Good morning! (assuming you don't see this until Monday AM). I am interested in participating in discussions about valuing stocks, perhaps something similar to the CMS Share Clubs but online. In my ideal world, these would have a focus on Canadian Equities. I would be curious if you know of anything like this online where there is an honest exchange of information (as opposed to the seemingly usual pump or dump posts on many forums). I would be more than willing to do some homework, and submit an analytic overview if others could do the same for other stocks, or for the same stock using alternative methods, or ... ?
By the way, I really appreciate your site!
Thanks!
Q: There is much concern expressed about reits and real estate. We hold the following as a proper % of our portfolio; cwt.un;cdr.un;cuf.un;di.un;dir.un;fc;gdc;hr.un;ino.un;iip.un;mst.un;mrg.un;par.un;aar.un;rmm.un;tph.db.c;ruf.u.Would you recommend selling any or part or all of these at this time, and if so, which? Many thanks for your invaluable advice to members. Hal
Q: What sort of earnings multiple do you think AutoCanada pays on its acquisitions? Is a large part of its story being able to buy private dealers at a low p-e and then getting a higher p-e in the public market? Thanks.
Q: I sent you a concern about my reit position early this week , listing my 17 positions and requesting your advice/opinion. i have not received a reply, and am wondering whether or not you received it,and if you did,whether or not I will receive a reply.
Hal
Q: I have only MG and BIP.UN as the industrial stocks in my portfolio. Can you recommend any other industrials paying decent dividends. What do you think of FTT?
Q: Hi, regarding CEF.A, recently the share price has been 5% below NAV. I recall several months ago it was pretty much at NAV. For a fund like this that basically tracks the price of gold/silver (in theory), is my thinking correct that it may be better to purchase the fund than actually purchasing the bullion? This also avoids transaction costs and delivery charges. The fund seems to be audited; do you see this as a prudent strategy when the fund is trading below NAV based on market fear?
In a recent globe article on stock analysis (June 26th page B18), Long Run Exploration (LRE) was shown as having some pretty good metrics: low price to cash flow, high growth, good recycle ratio, high reserve replacement ratio. In a subsequent investigation (reading their investor presentation) it looked like it was selling at about half of NAV. Despite this it is in a long decline. What do you think of them?
Q: Peter: You mention Magna as a growth manufacturing stock that might be worth using to offset dividend funds in a portfolio. What do you think about Martinrea instead? I believe that it is cheaper.
Q: Good Morning Peter and Team,
With gold and silver prices steadily falling I have been looking at the big streaming companies (Franco Nevada- FNV-T and Silver Wheaton- SLW-T). In the shorter term they will suffer from low selling prices but on the flip side they are likely to see wonderful opportunities in this environment to negotiate advantageous streaming deals with financially stressed producers. I would appreciate your opinion of this line of thinking. Thank you. DL