Investment Q&A

Q: Hello 5i team,
In the energy services sector, I have a half position in HWO (High Arctic); should I add to it or take a half position in CEU (Canadian Energy Services Technology)?
Thanks,
Tony

Q: Hi Peter and team,
Alimentation Couche-Tard (ATD) has grown to become my largest holding at just over 6.5%. I am just wondering what your opinion is for the company/stock. I am happy to continue holding but I am also considering selling roughly 1.5% to bring it down to a 5% holding. If I were to do that what stock (growth with a small dividend) would you recommend putting it in?

My other Canadian holdings (which are between 2 and 4% of my portfolio) are AVO, BAD, BEP, CNR, DH, EFN, ESL, EH, MG, OTC, RY, RX,and TD.

Also, just wondering if you are considering covering ATD any time soon?

Thanks very much.

Q: Hi Peter - Presently I have around $160,000 in cash. Should I wait for the correction (who know when that coming)or invest in the model portfolio with some changes to take into account that I am 65 and semi retired. So if I do invest in the model portfolio what changes would you make taking into account my personal situation?...thanks for your insight

Q: re: TWX Time Warner

as per your advice I sold 50% (% was my decision) of my position @$84 as we all know the takeover game has it challenges. Today the price is down 12.5% to $74.52.

In reading a number of reports some are saying TWX isn't open to any further discussions at this time. Others are saying TWX isn't doing it's shareholders any favors but not having any talks with Fox. And then I find two other articles saying the deal isn't dead and that $93 is where they are looking.

What have you heard and what do you feel is the likelihood of the Fox takeover happening based on recent news? And what would be your advice re TWX moving forward?

Thanks for all you do

Gord

Q: Hello again,

I'd like to have your opinion on E-L Financial Corp Ltd (ELF.TO). They offer life insurance and wealth management products, employee benefit plans, and financial services.

It's a 2B cap company with absolutly no coverage. Its very illiquid and trade at less than 4 times TTM earnings! It has a very low debt and is trading at 0.73 x book value. The stock has more than double in two years, yet nobody seems to be interested by that company. They also seem to like special dividend. What are your thoughts ? It looks like a very good value play on the long term to get some exposure to insurances ? Have you ever have contacts with management?

Thank you very much

Q: RE: Bellatrix (BXE)

I bought this at $8, watched it climb to over $11, and now it's back below $8. I'm still holding.

Is there anything to be concerned about or is this just market fluctuations?

Thank you,

Q: Good morning,

My question is about People Corp on the venture(PEO.V). They are 'engaged in the delivery of employee group benefit consulting, pension consulting and third-party benefits administration services, as well as, recruiting services, strategic human resources consulting and career management services.'
Market cap is over 100 millions. Revenue and earnings seem to been growing. They are doing some aquisitions. Debt to equity is at a 0.5 ratio. Also, the CEO just bought 100 000 shares on the public market @ 2.40 $.
The bigger player in that area is , from what I understand, Morneau Shepell. ( what do you think of MS ? seems like a great and steady growing company ? ).
I would like to have your opinion on People corp on the long term. Do you know management ? Thats one of the info I'm missing to make a decision. I really feel this could grow in a great company like MS and I aiming for long term results. I know there is risk, but from what I see it's already a profitable, well run company .

Also, 4,815,050 shares bought in a financing at $2.15 become free trading on August,24,. Given the current price, would you wait to start a position ?

Thank you very much and sorry for my english

Q: Hi 5i: Just a quick note on Helen's Capital Power Preferreds vs Commons question. CPX did not increase the common's dividend "to 7.9%" (of the share price). They increased it "by 7.9%" (of the existing dividend amount), from $0.315 to $0.34 per quarter. No need to publish if already noted elsewhere. Thanks.

Q: re: CHE.UN ... Chemtrade

Any updates and/or relevant news since last discussed June 18? Can I still consider this a hold?

Thanks for all you do

Gord

Q: Peter or Ryan.... The markets have fallen dramatically over the past week and, with oil approaching $95 a barrel, do you think we are slowly moving into correction territory? August traditionally has been one of the worst months for the stock market, if not THE worst. And, if the markets do correct 10%, how easily could 10% become 20% or 30% with stop-loss orders kicking in on the way down? Your comments please.

Q: your preference between CNQ and TOU.Thanks,ebrahim

Q: re: BA.US Boeing

I am still looking at taking a position. Price continues to fall down another 2% today on extremely high volume. Your last comment mentioned falling price makes valuation that much more attractive.

Would you recommend a "wait and see" attitude or buy at this time?

Thanks for all you do

Gord

Q: CUS

The market seems to like the latest earnings!? Are they back on track (no pun intended)?

Q: Hi 5i,

Can you provide any comment on WSP's earnings? Still a good buy for dividend and growth at this level?

Thanks!
Wayne

Q: re: SUM ... Solium

7% increase today. Is there specific news responsible? And what are your thoughts moving forward?

Thanks for all you do

Gord

Q: Hi,
Can you elaborate on your comments on preferring FM over TCK.B at this time? Is it because of the weakness in coal?
Thank you

Q: Good morning.

What's your assessment of the Cineplex (CGX) results?

My quick read is that results are good to very good, with an increasing dividend.

Time to buy? (I'm guessing that "waiting for a pullback" is a bit of a mug's game with this resilient stock.)

Thanks.

Q: I am trying to time the exit on HND. I was waiting for $3.60 nat gas. Is this too low and I should sell at a higher price?

Thanks.

Grant

Q: Good Morning
What is your view with regards to holding General Mills GIS.US and PowerShare Preferred Portfolio E.T.F PGX.US as long term holds in a RRSP.

Q: Good morning Peter
Would you recommend the purchase of Uni-Select at this price level. From last weeks earnings release sales were flat to low growth but the profit per share has been increasing. I think the market is focused on the revenue number and has missed the earnings growth and the increase in the dividend last quarter.

thank you David