Investment Q&A

Q: In my equities-only portion of my portfolio, my Finance-REIT weighting is 34% (22% and 12% respectively). The utilities sector is 19%, Consumer-Health is 16%, Manufacturing-Info Tech is 10% and Resources is 21%.

Ideally I'd like to decrease Finance-REIT to 30% in order to increase Mfg-Tech towards 15%, but I like the Finance-REIT holdings (AD, BNS, RY, SLF and Sentry REIT, TCN). I'd like to rebuy CSU in the process.

I am a retired dividend-income investor. Are my current Finance-REIT weightings too high? If yes, would you simply create the CSU cash by trimming the Finance-REITs?

Secondly, is my Resource weighting too high? Among my holdings are BTE, CPG, SGY, WEF.

Thanks in advance...much appreciated.
Steve

Q: For my TFSA which of CNR or TMA would you pick? Is Mullen MTL a possible, considering the dividend and valuation?
Thanks for all you do.

Q: Hi thank you for all your help this is probably the best service I have ever had. Just wonder what has been pushing dhx lately, I can't find any real news could this be another aya? I sold out to early on that one. Thanks and happy Halloween

Q: Good morning Peter and staff

Since the the market has gone down quire a lot,, can you recommend 2 growth, divided stocks for a 10 year old RESP Portfolio.
Thanks

Q: Hi there,
I am enjoying the Bull run on DHX.B, with a P/E of greater than 138x do you think this can sustain?
I plan to trim down on DHX from my TFSA holdings would MDA or AYA be a good alternative for portfolio balancing purposes at the current prices?

Also what is your opinion on GSK (US) for my RRSP as a healthcare stock? Thanks a lot. cheers, Shyam

Q: Torc has had a lot of insider selling this past week. Should this be a concern ahead of their earnings?

Q: Your equity portfolio has a heavy weighting to Tech stocks (CSU,MDA,ESL,DSG,SYA,AYA). Some of these have had big moves this year - I am looking to add some exposure for a long term hold - which of these offers best value now. Many thanks

Q: Peter & Team, what do make of DEE? Natural gas has made a nice bounce off its recent $3.60 low, yet DEE continues to drop. In fact, natural gas is only off 3% from its beginning of Sept level, yet DEE is off an incredible 52% in two months! True the Wapiti sale (about 10% of production) fell through, but drill results are good as is growth. Stunningly, cash flow per share is forecast at $.43 and $.47 per share in each of '14 and '15. This is a cash flow yield of +20% in each of the next two years (impossible to find outside energy sector and quite a bit higher than the recently beaten down energy stocks). Perhaps natural gas prices are running well below the levels predicted by the company in determining a $3.41 discounted per share value. If this is a material change in facts, would you sell here, wait until winter or buy more. Appreciate your thoughts.

Q: With BEP.UN today closes at $35.67 near its all time high of $35.84, do you still advise an investor to take an initial position at this level?

Also, how safe is the dividends and can the 28%+ gain YTD be continued into 2015?

Thanks.

Q: I’ve been thinking about how to distribute my portfolio among my TFSA, RRSP and non-registered accounts. It seems to me that TFSA space is very valuable. Once you lose it, say because a stock crashes, you may never get the space back again. Perhaps its better to be conservative with your TFSA portfolio so you can take advantage of all its (growing) space for a very long time. As for RRSP space, I really own only about half of that space since the money is taxable when it’s withdrawn. If I take a risk in my RRSP and it turns out badly, the government will, in effect, absorb half of my loss. So it seems to me the TFSA is the best place for my fixed income assets and the RRSP is the best place for my risky equity bets, while my non-registered account is the best place for my less risky equities, especially those with good dividends that are eligible for the dividend tax credit and have some growth potential. What do you think of this perspective?

Q: Hello, Peter
Ceiba energy is down a lot recently, do you think it is good time to buy?
Thank you so much!
Yingzi

Q: RBC Canadian Dividend Series A mutual fund has been a double for me but the mer of 1.78% is quite high compared to that charged by etf funds. Could you suggest some etf products that would work as well as the mutual fund but are cheaper?
Thanks,
Dave

Q: Hi Peter and 5i team,
BNP has dropped over 40% from its high this May and 70% since 2011. I have small position (less than 1%) and wondering whether to sell, hold, or increase considering the current valuation and attractive dividend. What is your opinion of this company and its perspectives? How safe is the dividend? My timeframe is 2-3 years.
Thanks.

Q: This is a question about buying stocks. For example...say there is 1 Seller at $1.00 and 50 Bids at $.99 as a stock is hitting a multi year low and I want to purchase now... I want to buy a full position but realize if I Bid $1.00 my order will only be partially filled and the stock may run away quickly. Therefore I was considering putting a buy-limit at $1.03. My question is ...would I get the $1.00, $1.01, $1.02 lots for those prices or would I pay $1.03 for every lot ? Do you have any other suggestions?
Thank you for great service...Peter was terrific on BNN this week!
Dr. Ernest Rivait

Q: I am currently underwater in my TFSA by 20 percent. My current holdings are CIX,FRC,FIT,MAG,VET. The biggest losses have come from FRC,MAG and VET. In a recent answer you suggested a TFSA for growth of AYA,QSR,KLS,CLL.B,AVO. I have a 10 year time frame until retirement.
My question is should I sell all or some of my holdings and repurchase your previous suggested portfolio. Or is there a better selection of stocks for my TFSA.
Thanks for your help!
Victoria

Q: Hello. In an answer yesterday on MDA you said, "MDA is $6 in a couple of weeks; and, it is month end." I don't get the "$6 part" and the "month end" part. Thank you.

Q: Would you please comment on Western Energy's earnings and guidance?

Thank you.

Q: Hello 5i team,

Have been sitting on cash. jumped back in on MG and PRW at a good time. Still have U$ funds in my trading account.

I know i persist in asking about US markets and realize your position (at this time) BUT, if you could make a recommendation for growth, I would really appreciate it.

I am looking at BAC at this time.

Thanks for all you do

Gord

Q: TransAlta reported yesterday. I read the report but see nothing about the dividend whether it has been cut or they are maintaining it. Thank you for assisting small investors.

Q: From your previous answer, if MDA did meet expectation why the sell-off?