Investment Q&A

Q: what rating would you apply to the stock in relation to your portfolio

is it a buy

Q: I am doing some sector re-balancing of an income oriented portfolio. Can you please suggest a name other than Loblaw or Alimentation C-T to add in the Consumer staples/non-cyclical space, and also a recommendation for two new positions in Utilities (I am considering Fortis, Algonquin, Enbridge and Canadian Utilities, but open to other ideas).

Thank you,

Q: How would you design an RRSP for someone with no investment knowledge and no interest in acquiring it? The RRSP would, in effect, be an unmanaged black box. The parameters for the RRSP are a lump sum input and a twenty year hold. The holder has no other investments, but is likely to have a solid pension independent of the RRSP.
To me, a reasonable plan would be to distribute the initial sum 40% XBB, 20% ZLB, 20% ZLU, and 20% ZLI, then DRIP everything. I like low volatility ETF's in this context because they have a bit of formula-based active management built in.
What do you think?

Q: I hold a modest position in the ETN as I have an interest in the Schiller Cyclically Adjusted Price-Earnings strategy. Currently the position is in my RRSP, but I am considering it in a Non-registered account instead.

From a tax standpoint, my current findings suggest that it would be only capital gains based on my buy/sell costs, but I haven't found specific information from CRA to confirm. Can you advise where I might be able find the relevant taxation information.

Thanks, Jeff

Q: Would like your view on ird, I see they won $2.62m u.s. Idaho
contract. Thanks

Q: I would appreciate your comments on AGT's just-released results.

Thanks!

Q: Can I please have your opinion on CUF.UN as a long time hold? Also, we have a full position in RNW (4.5%) and are o'weight on MST.UN (5.5%) How do you think they will be affected now they have been taken onto the TSX?. Thanks

Q: I am considering the Mawer international equity fund for some exposure outside of north america. Historically it seems to have had respectable performance and outperformed many of the international index ETF's that I have been looking at, although exposure does seem biased a bit to the UK.

Given that there are so many funds/ETFs out there do you have any favourites for international exposure that you currently recommend instead of MAW102? My only current international holding is a position in the Euro stoxx 50, FEZ.

Thanks, Jeff

Q: Can I get your views on the Linde Equity fund and the Linde Equity Report ( mentioned in the recent issue of Moneysense)

Q: Hi Peter and Team - An article in Friday's Globe and Mail suggested a rally in bank stocks due to short covering. Is it a reasonable strategy to buy shares at lower prices in companies where there are substantial short positions and expect their price to increase within a few months, perhaps even back to somewhere near their original price before the shorts started. This strategy would assume that the fundamentals of the company are much the same and that the buyer would be willing to hold on to the shares for at least a year. If this is a decent strategy then what would be a good source for researching short positions. Thanks.

Q: Good morning 5iteam,

Please provide your valued opinion on this stock. What are the earnings n growth in the next couple of years? Thanks. Rossana.

Q: Could you have a look at this and offer a comment on the merger price of $13.00 and the current share price of $11.71. With an April 1 closing seems like quick 10% upside.

Q: would you buy gild or uhn both of them or neither one?

Q: In addition to 5I's recommendation &/or great comments,IE,the discount brokerage arm of CIBC,provides bullish technical analysis: Target price range:1)DSG $30-31.5 2)SYZ $9.70-9.90 & 3)MNW $11.-11.49 5I,thanks for your usual great services & opinions

Q: If the low interest rate environment persists for a long time, what would be your favourite 5 or 6 equities for a soon to be retired investor? Do you think low interest rates will persist?
Thanks and compliments on a great service.

Q: I am overweight in metals and have 4% of my portfolio G/YRI and 4% in SLW. Which stock(s) should I sell and/or trim to get to 5% of my portfolio and which 2 consumer stocks (greatest total return 1-3 yrs out) would you recommend I buy with the proceeds. Thanks.

Q: I am overweight financials and underweight utility stocks. Which financial stocks (currently have BNS, RY, SLF, POW, FSZ and HCG) should I sell and/or trim and which 1-2 utility stocks (greatest total return 1-3 yrs out) would you recommend I buy with the proceeds (I currently have IPL, PPL and ENB). Thanks.

Q: What are ur thoughts on this as a long term hold in RRSP? Thks much

Q: Hi Peter, I still hold it from the growth portfolio. I did not sell when you asked to sell. Anyways, as they halted trading on TSX I called RBC Direct Investing. They asked me to call the Investor Relations of Guestlogix. Anyways, I called but could not get hold of anyone at their IR department. Although the receptionist told me to go to this PWC site.

http://www.pwc.com/ca/en/services/insolvency-assignments/guestlogix.html

I could not decipher what PWC is saying here, Are this guys bankrupt? The receptionist told me that they are going to get financed again by May 8.

Anyways, I still hold 9756 shares of it. Is it worth zero? I saw today at RBC Direct Investing that they started selling at US gray market with ticker GUESF. Should I just sell it with 7 cents a share? Or hold until end of May? What does this creditor protection mean? Does not mean that they are bankrupt and PWC is liquidating their asset to pay their creditors? Please suggest.

Q: Hello 5I,

With reference to your reply to Dave about CXR, could you please clarify why the debt indicated is substantially lower than the figure given in Ryan's article back in October? (1.2 billion vs 3.5 billion).

Thanks
Febin