Q: VWDRY, Vestas Wind Systems trades in the US on the OTC pink, You have given it a thumbs up but From my google search OTC pink is a speculative stock.
Should I avoid this one.
Thank You
Peter
Q: I hold shares in the above stocks, all down. Other than as a hedge to inflation is there any reason to hope for a turn around? In what order would you sell them?
Q: Mike asked about the valuation of Pyrogenesis today, Feb 16th, commenting that it had never been profitable or cash flow positive. I just wanted to point out that this has changed in fiscal year 2020. The last quarter was very profitable, and the current estimate for fiscal 2020, released on Jan 11th, is for revenue of $14 - 16 million, an increase of approximately 200% since 2019, and net income of 22 - 24 cents per share, compared to a loss of 7 cents per share in 2019. The company is making good progress with their various product lines involving plasma torches for various industrial purposes, plasma atomized metal powder, and plasma waste-to-energy systems.
Q: This fund is about 2/3 US. Are you aware of other similar Value ETF’s trading on TSX that would be more international Ie. less US focused. Thank you. Bill
Q: Wondering what your thoughts are on Chartwell these days. Is it likely to come back after Covid? I own a moderate position in a LIF and wonder if it is a good idea to hold it. It's all bad news about the care homes right now so I hate to sell at the worst time. What are your prospects for this going forward or is there another one I should switch to?
Q: Would you agree that the equity markets have in effect become a synthetic casino where money begets money and the idea that capital flowing to companies to provide the wherewithal for expansion thus job and wealth creation has become secondary?
Last year some 2.7 trillion trades produced roughly 120 trillion dollars of notional equity value. How much of that value ultimately found its way to provide capital to businesses? Less than 5 percent probably.
The brightest minds are helping engineer money for money's sake without creating any lasting value.
Happy Trading Everyone!
Q: please comment on earnings. My wife is looking for a nice safe dividend with potential share price appreciation over the next 5 years. They have terrific assets and Goldhar seems like a smart ceo. The stock has been a laggard but post-covid my hope is that it will do better.
Q: Given the sub optimal financial results for the quarter, do you still think the dividend is safe? The financial community has a 12 month forecast of $50+ for the stock. Do you think this was / still is a reasonable expectation?
Q: I'm looking to reduce my portfolio weighting in Financials and Telecommunications.
The question for both adjustments is the same: for these stocks would you recommend eliminating one entirely or just reducing my holdings in both? I will be adding more exposure in the US industrial and defensive consumer sectors with the freed up cash. I should add that for all of these stocks I'm probably pushing my weighting a bit high, at 5-7%.
For financials: BMO and RY (assuming I would sell BMO over RY)
For telecom: T and BCE (assume I would sell BCE over T)
All of these are held in registered accounts, and I'm still 10+ years out from retirement. I currently hold 24 stocks across my registered accounts.
Q: CSU reported on Friday and beat on revenue but missed on earnings. Could you please comment on the results and your opinion as to how the market will react on Tues. Also how do you think the stock will perform over the next one to two Quarters. Thank you for all your help. Ian