Investment Q&A

Q: hi folks:

repeatedly you have stated that kelso has a good balance sheet, good mgmt, and is in a good industry niche

AND always commented it to be 'very expensive'

assuming the above I ask....

given that it is directly related to the O/G sector yet given at $4.60 it is down +/- 35% at what point does it become reasonably priced (based on fundamentals), and at what point would it move to 'you'd be a dolt not to buy some'

thanks

Q: Hello,

I am looking for member questions on "Wealthsimple". However the searchbox is limited to 10 characters even when I use the "search all text" option. I therefore cannot find the question(s) on Wealthsimple using the search function, although I recall seeing them.

Could you direct me to where I can find them?

Thanks

Q: Hi Mr. Hodson and Team
A. I have another question related to my previous question:
I also hold the following Dividend-paying Storage and Pipeline stocks:
KEY 1.5%. ENB 1.4%. IPL 1.1%. TRP 0.5%. Total of 4.5%.

Do these belong in the Energy exposure as well? If so, do these then make our Canadian Resource exposure a total of almost 25%? (With Cpg, Arax, Bte, Eca, Vet, Bnp, Su + Cnq)

B. Which of these should i keep? Which should we eliminate or trim?
Should we bring the total Can. Resource exposure (Energy+Materials+Gold) down to 12%, as we think?
Feeling a little like deer in the headlights. Your kindness is so appreciated. sarah

Q: I'm looking to add a growth name in healthcare. I already own GUD from the growth portfolio. Would you recommend PLI, PHM, or QHR (or even PEO). I am also debating CXR for larger size and stability, but have a hard time jumping in after watching it run up so much the past little while.

Thanks,

Jordan

Q: I watched the apparent manipulation of the PGD stock price to "wash out" warrant buyers over the past couple of weeks.

Could you confirm how many shares were out standing before and then after the warrants closed last week.

I see it has shot up and getting near where it was before the warrant fiasco. However I can't tell what 0.35 stock price before the warrant issue is worth now that the warrants have been executed and diluted the stock price.

Thanks in advance, Mike

Thanks for your great service.

Q: Hi Mr. Hodson and 5i,
Our equity exposure is currently 95% in Canadian large caps.
With all this talk about Canada's stagnating economy, we want to trim our can. large caps. We just trimmed Can. banks and Reits by 11% of the portfolio today.
The proceeds are to go into 5i portfolios, US, Eafe and Emerging Markets Etfs.
Please comment on following tentative Percentage Allocations for the large cap and International Sector portion of the equity:
Financials 13%. (Can.)
Telecom, Utilities, Pipelines 11% (Canadian)
Energy+Materials+Gold 12% (Can.)
REITs 4% makes it
Total Canadian large cap = 40%.
Healthcare 10% (US)
Tech+Industrials 13% (US)
Consumer Staples+Discret. 9% (US)
Small cap Etf 3% (US) makes it
Total US Sectors = 35%
Eafe Etf 17%
Emerg. Markets Etf 8% makes it
Total Global Etfs = 25%.
I would like your opinion on the above Canadian large cap 40% + US Sectors 35% + Global 25% equity allocation. Too much? Too little?
The portfolio is for growth, time horizon 5 years +.
Thank you so much.

Q: Appreciate your thoughts on recent quarterly results.
Thanks
John

Q: Hi Peter,

Do you personally use technical indicators to inform your buy or sell decisions? If so, which ones are you looking at most? Scott Barlow at the Globe and mail often summarizes the trading week looking at RSI levels for equities. If you don't use technicals, what are you using to inform your buy and sell decisions? Thanks very much.

Q: Peter have just sold my Catamaran...am looking to stay in the same sector I already own GUD + PHM + MRE...do you have any suggestions. Staying with a health care provider would be first choice (I think) I am about 4% invested in the sector.

Q: Hi Peter
I have this company and have made my money on it This rail company will be hit by the reduction of coal .do I sell and go elsewhere ?

Q: I have both Baytex and Surge and am down on both. I don't mind waiting for a recovery over 1 to 2 years but would I be better off to sell one or the other in order to buy Whitecap? Appreciate your advice.
Gary

Q: Hi- your comments on todays financing please. What would the payout ratio look like assuming they get the funds fully invested. How does it compare to DIV? thanks

Q: I have been looking for an entry point into Amaya. The weakness today has me interested. I don't see a catalyst for the down trade today unless I'm missing something...?

Q: Greetings. any idea when the Bell takeover of glentel happens?

Q: Where can I find your recent emailed report on the re-alignment of stocks in your different portfolios. ie removal of HCG etc.

Q: Merus made a move yesterday involving 60 million dollars. Do you see this as a good move and is it worth adding stock to my position?

Thanks, Charlie

Q: I use Canadian Insider on a daily basis as part of my ongoing checklist of investments. Would you please clarify the term "acquisition under a prospectus". A recent example - DH - 3/10/2015. Thank you.

Q: Since your most recent adjustment to your model portfolio, I have been looking at Progressive Waste Solutions (BIN). Today, I was planning to purchase until I noticed a PE ratio of about 27. Since this is much higher than the 10 -15 that I usually target for buys, I thought I would investigate further. Their growth is about 5% which indicates a relatively poor PEG ratio of about 5 and I see that their cash flow for the year indicated borrowing to pay a large portion of their dividends and share buy back. Also the dividend is relatively low at about 1.7%. I am certain that you would not place this company in one of your portfolios if the negatives I have described above was the basis for your decisions. Can you explain what I am missing and why this is one of the new replacements to the portfolio? Thank you very much. I always value your analysis and opinions.

Q: In your excel spread sheet, for the portfolios can you add a column with start date after the symbol column? This will really help..

Q: In follow-up to Friday's question on STZ (expensive in your mind), if I like the theme, where should I look from a value perspective? US (DEO) or Canadian (perhaps ADW.A or CSW)?

Thanks for the great service!