Investment Q&A

Q: DHX shares have moved up nicely from the time of your report this spring; my broker lists upcoming Q4 earnings estimate as 1 cent (4 analysts) and revenues of $30.7 mm (almost unchanged from last Q) with the big jump in earnings and revenue projected for next Q1. Do you agree with these numbers and what is the short position?

Also who are its peers (broker lists only tiny ones such as ZUM) and does a lot of the potential growth come from the foreign operations where it gets 30% of revenue and what countries does DHX operate in? Thanks, J.

Q: Sold some of my TRP to do some re-balancing and looking to buy similar quality and yield.Do not need energy,telcos or financials.Would appreciate some ideas.I was thinking Corby but maybe this is dead money.Thanks for your suggrstions.

Q: With regards to Henrys question on USA legislation and having over 100000$ in USA stocks -does that apply to RIFS,LIFS,RRSP also-first i heard of it really being a CIBC self investor.

Q: Re: FLOT (US) - Floating Rate Bond
I currently have a large US$ cash balance in my US Trading Acc't which I put into TD's Investment Saving Account (TDB8152) to get at least a little bit of interest while the money sits idle between trades. Would FLOT be a suitable alternative to TDB8152? For instance, how would it compare in safety and yield, and are there any other alternatives to these that you might recommend for idle US$?
Thank you.

Q: Hi Peter and Team, regarding Macro Enterprises, MCR, can you please tell me if there is a firm date when they report next? Thanks!

Q: Rumours that magna mg.a executives are looking at an acquisition specifically possibly a division of Johnson controls or all of Lear industries. Is there a canadian company they might be interested in like martinrea.

Q: Peter; Just further to Henry's US tax question does this include RRSP's/RRIF's also? And if so if your US holdings increased to over $100m then you would have to sell something to bring it back below that level? Is our government going to send a list of our total US holdings to the IRS? How would they track all of this- maybe I am missing something about this will work in reality. Thanks.Rod

Q: Regarding today's question about form t1135, I've read elsewhere that you do NOT have to fill this out if the foreign stocks/ETF's are in a registered account, such as an RRSP or TFSA. You would need to do it if they are in a cash account. Is this correct? Thanks for clarifying.

Alan

Q: Hi 5i team, Am I right in thinking that with new US legislation, a Canadian citizen will have to file a form if owing more than 100K's or more's worth of US stocks; even if this is held in a Canadian account, indeed, in Canadian $?
Thanks as always. Henry

Q: Do you know, what is the cost on a QST incinerator in comparison to a typical combustion flare stack? If it's materially more expensive, what's the incentive for companies to cough up the extra dough? You mentioned increasing regulations by governments, is that quantifiable in some way? Thanks for your answers!

Q: have been to the dance with cenovous over the years but can never seem to go home happy, is there any reason to buy this stock and just trust in it…..thanks

Q: Have taken a position in BAD this morning on weakness with hopes of a bounce. How does the street feel about this stock presently. At this price is it being quietly accumulated or is it a tax loss seller for 2014?

Q: Would appreciate any current thoughts on Andrew Peller (ADW.A). I'm thinking of adding to my position..... Many thanks for your great service.
Joanne

Q: re: AVO... the ongoing Saga

It has become the new/latest "Amaya type" 5i blogging saga. Panic abounds and the length of the discussion grows daily.

I have read all answers and like everyone else I am buried on this one, but for me to cut and run and take a loss based on panic would be retarded. The numbers continued to appear reasonable and future opportunities appear to be available especially if some of their cash can be spent on a quality acquisition.

My Concern??? How easy is Alexander Fernandes to work for? It may be my ignorance of the true situation, but it appears to me the turn over at this company is very high. Which begs the question if all of Mr. Hernandes' time is being spent replacing people, then who is minding the store regarding day to day business? And if in fact he is difficult to work for (which in some respects isn't a bad thing) what can we expect from the people he hires moving forward?

Personnel turnover is expensive. Is there any validity to my concern?

Thanks You for all you

Patiently Yours

Gord

Q: Hi Team. I own both ppy painted pony and Alta gas. they have announced a strategic alliance on gas exploration and processing. Is this long term significant and is it a win win for both in your opinion?

Q: How do the banks (especially TD and BNS) perform compared to the TSE? Is it close both in short term (say 6mo) and longer term (5 yr, 10yr). I'm wondering if they would be good for a "lazy man" portofolio if one does not have enough money to set up a balanced portfolio and doesn't want to do ETFs.

Q: Hi Peter: Is this the time to pick up additional shares of AVO or do you think I would be trying to catch a "falling knife"? As well I also have a small position in DHX, and SYZ. What would you suggest?
John

Q: Hi: You recently answered a question that involved TBE (twin butte) and said that it was still a "sell" in your opinion. I'm wondering if you could elaborate on the metrics that make it a sell given its recent q2 report.

Q: Question on Petrodorado Energy (PDQ-V) - how do view recent dril/test results and potential share consolidation? Think we may finally see some upside movement here?

Q: Hi Peter &Co
I hold KMR in a TFSA. Some of the news on Consolidation of Kinder Morgan express concern the the US IRS may be taxing Capital gains on these shares retroactively.

Do you have any insights into IRS acting to tax Inversions such as this. Perhaps you Bloomberg terminal would have some timely advice on this. I could sell the shares before the inversion closes, but hate to jump at shadows.

I realize you are not US tax experts but you might have run into useful 3rd party advice that would be helpful.

Regards
Ernie