Investment Q&A

Q: Hello Folks:
You suggested I may consider REMX (rare earth ETF) as a suitable option for my interest in the EV battery mineral component sector.
Do you have any thoughts on BATT (Amplify Lithium Battery Technology ETF) and
LIT (Global x Lithium & Battery Tech. ETF).
I am out of my depth here, however feel this an interesting sector, which may well result in higher demand for scarce metals required.
Thanks again for your great service!
brian

Q: Re: David’s question on Savaria dividend —
Scotia made an error and overpaid the dividend. They corrected my account over the weekend. FYI

Q: Why was AT delected from the TSX? Does it matter, now that they are on the Nasdaq?

Q: "Compounding machine" [CM] stocks - please rank stocks that can be classified as CMs for a 5 year hold and your expectations for these - risk and reward.

Q: I'm confused. EGLX already trades on the TSX and NASDAQ. I see there is an IPO. I thought an IPO was to become public on an exchange, but they are already there. Can you clear the fog? and would you consider this (whatever this is) as a good move?

Q: Peter and Co,
What am I missing with Nickel 28? Please correct an inaccuracy or misunderstanding in my comments below.
Nickle 28 appears to be on a solid positive trajectory as a nickel-cobalt mining business yet the stock appears irrationally cheap. Net and diluted income has turned positive in recent quarters with Q1'21 registering $3.96 million, $0.05/share. If annualized, this provides a PE of 5. Debt during the period from Q! ’20 to Q1’21 dropped from $108 million to 92.8 million and a payment of $10.1 million is imminent. When this debt is retired Nickel 28’s interest in Ramu, the producing mine, will increase from 8.56% to 11.3% , a 31% increase in equity, at no further cost to NKL. With the current nickel and cobalt demand, I, a shareholder, am considering adding to my position but I have begun to wonder about management, the operating partner,...
With appreciation for your insight and opinion,
Ed

Q: Prior to the spinoff of TOI Constellation had a market cap of $37B, roughly where it sits today. With all its distributed and undistributed shares TOI seems to be a $10B market cap leading me to think this maneuver was a huge win for everyone involved - shareholders of CSU before the spinoff, like me who got a free dividend, CSU itself which created a valuable separate asset and the other group of present TOI shareholders other than the public group. Or are there factors to this I'm not considering and who exactly are the group of minority shareholders holding TOI shares who are not in the public float and what do we know about them?

Q: TOI: I've been trying to buy for several days by putting a bid in; however, the info I get is not real time - so, I keep missing and to-day up a lot. Any suggestions? I want 1000 shares . How committed to this story is 5i going forward?

Q: Photon Control Notice of Meeting and Management Information Circular was received the other day. Proxy due date is June 25, 2021. Reading the Information Circular, Mawer Investment Management owns 10.5% of the 105M shares outstanding and Photon’s Board of Directors owns 9.4% of the shares outstanding. As you wrote in one of your answers, there are not many large shareholders to fight for a higher bid. From your stock market experience, would the possibility of a higher bid from another company occur before June 25 or after the proxy vote?

Q: Good day team, I know this was recently asked but I can't find the answer. What do you think of Sheldon Intentash and his track record? I see that he is more active again.

Cheers

Q: In the Canadian stock universe, including the Canadian companies you follow, which would you say could be takeover candidates over the next year or two?

Q: Where would you put $10K for a year to take low risk but earn some return? I know a year is kind of short... what would you suggest? Can you give a couple of options? I was thinking total world stock market etf (XAW) but obviously that still exposed to lots of equity risk... but bonds don't really earn anything.

Q: I hold a small position in ENGH. Since peaking on Sept 4th at just over $80, it has been in a long steady decline for 9 months, to the low $50's, a drop of about 1/3 of its value. The results just released Thursday night look very weak to me, especially compared to the previous year, although covid helped their video division significantly last year, and the stock is still trading at pretty high multiples, despite the decline in the stock price. I know you have mentioned many times that you feel ENGH is a good long term steady business. Wondering if you still feel this stock is worth adding to, or is it time to sell and move on to something that offers more growth? Or do you still think there is reason to expect good revenue and income growth from ENGH over the next few years? Would you sell ENGH and add to existing positions in NVEI, TOI or DSG? Thanks.

Q: I'm wondering what you think of Tiidal and the offering.

https://www.newsfilecorp.com/release/76818/GTA-and-Tiidal-Gaming-Group-Inc.-Announce-Subscription-Receipt-Private-Placement-Financing

Early days certainly, but the eSport future looks bright. Any thoughts are welcome.

Q: I have owned ENB for many years. Many positives about the company and I have enjoyed the dividend.

But with on going pipeline concerns and the fact that the stock has is still below where it was 5 years ago, I am going to move on.

With Energy looking like a solid place to be right now, I am looking for something with more upside torque - without of course taking on excessive risk.

I already own OIH, XLE, KMI, EPD, BEP, CVX, and in Canada: WCP, ARX, and PKI.
Recognizing that the final decision is mine, is there one or two other energy companies (on either side of the border) that you would suggest or would you see adding to one of the above or adding a new ETF?

Thanks for your help here.

Q: In looking for growth in US market over the next 5 years, would you kindly list these in order of preference, with consideration given to both th growth and risk. Market sector is not a consideration here. If you see a better alternative please do mention.
Thanks.

Q: For a five year hold in the growth portion of my portfolio, should I go with Descartes or Kinaxis?

Q: How are the current valuations for pure (or close) lithium plays? if not overbought, which etfs, cos. do you prefer?
Thanks

Q: Hi Peter, This seems weird to me.
Savaria declared a monthly dividend of 4 cents on May 21, payable on Jun 10th.
Scotiabank did a cash settlement amount of $314.25 on 2500 shares.
Did SIS declare a special dividend?? Or is this a mistake by either Scotiabank or Savaria because my usual monthly dividend is $100.

Q: LIF announced:
"TORONTO, May 28, 2021 /CNW/ - Labrador Iron Ore Royalty Corporation (the "Corporation") announced that Iron Ore Company of Canada ("IOC") has declared a dividend payable on June 25, 2021. The Corporation's portion is U.S. $60,400,000 or about CDN. $73.0 million"
This is over a dollar per share by itself (their last "quarterly" dividend), and doesn't account for royalties. Yet there is no announcement of their new "quarterly" dividend, or a date for same. Is there any further information besides this? ... and is this not a bit odd for them not to be able to make some decision in this regard, given that they had committed to a quarterly dividend? Perhaps you could suggest a reason(s) for this "delay"?
Thanks!
Paul K