Investment Q&A

Q: Gentlemen, Good Morning
Following question Asked by richard on March 26, 2019.
There are more details on the Forum US dividends by Canadian Corp.
Richards will find his response
Thanks
Best Regards

Q: May I get your thoughts on Lassonde Industries. Is the sell-off overdone as a result of competitors in the US and would you hold this consumer defensive in your TFSA? (High ROE/Growing Dividend/ Established brands)

Thank you

Q: This company seems to be quite cheap. Please give me your thoughts on TLRD, their growth prospects, and the sustainability of the dividend. Thank you.

Q: In reply to Dawn's question of the 25th about the paying of US-denominated dividends into US accounts, you replied that the dividend was paid directly in US dollars. However, a member a few weeks ago pointed out that some institutions (it would be good to know which ones) double charge for this service. First, the US dividend is converted to Cdn dollars and then re-converted to US dollars.

Q: I must be missing the rationale behind your reply to Robert's request for your TOP 5 dividend plays. ENB, sure...... but the rest?

Q: Hi,

I have losses that I am holding in ITC, CRH, and WCP inside my TFSA. I would like to sell one or all of these in order to add to some of the other names listed. In which order would you sell first, as well as which ones would you add to right now considering where the stock is trading at currently? Thanks!

Q: I own 6800 shares of Knight at an average cost of $8.10. This amounts to about 2% of my portfolio. I could sell it all, sell half or do nothing. What do you see for Knight in the next 5 years. Should I be looking elsewhere? Thank You.

Q: do you have a opinion on VCAN, previously BLVD, and before that CXV. It has gone through several transformations do you like the current version and what are it's prospects ? Is it worth a gamble? If you have a favourable opinion how long to wait before seeing results.

Thank you

Q: Although your focus is not junior resource companies would you be able to provide me with an update on Mirasol resources. In particular the president and CEO has resigned and been replaced. Also Oceana Gold has terminated its options agreements for two of the projects. In your opinion do either of these recent announcements raise a red flag. There is also a new independent director appointed but I'm not sure what that position means.
Also could you provide information on their cash position, insider holdings and recent buying or selling, and any fundamentals that you might consider important.
Thank you.

Q: Hello!

What are your thoughts on VantagePoint AI software? I went through a 2hr demo which looked very impressive but too good to be true. Looking forward to your take on it. Also, is this is one of the marketing schemes, what leggit AI software packages would you recommend?

Thanks in advance!

Q: Hi Guys
What is your opinion with respect to the possibility of a recession in the near term and how severe would the stock market impact be in your view. I have had money sitting on the sideline for months expecting the worst and other than December not much has happened. Your comments please.
Many thxs.

Q: What is the formula that allows you to compare the after tax return on Canadian dividend income compared to interest income. For example how do you calculate if it is better to receive a 5 per cent dividend from a stock that qualifies for the dividend tax credit or a 8 per cent interest income assuming you have a 60,000 taxable income per year. Thanks for you help.

Q: These companies are all now the subject of an active open Dutch Auction / share buyback offer to purchase for cash. I am interested in your thoughts on the merits of entering these auctions, and if entered at what price point (the offers are between $29 - $35 depending on the company). The shares have all risen with the release of the offer. Will they fall back after the offer closes? What is the longer term outlook for these companies?

Q: Hello. Great service guys. Can I get your top 5 dividend plays with 3% plus yields, decent dividend growth and relative levels of safety associated with the dividends. Thank you.

Q: Follow up to earlier question. If I tender my shares now that we are past the x date how quickly do I get paid.

Q: Does this etf qualify for the Canadian dividend tax credit in a non registered account? If no, how is the dividend taxed? Is there a US 15 per cent with holding tax ? Thanks for the information.

Q: Gold price was up today and a lot of small cap stocks were up but why Agb down 5% on update MRC production schedule? I thought it was good news. Is it overvalued at current price? Agb vs
Wdo which one you like better? Thanks for your help.

Q: Gentlemen Good Morning
Your answer today about dividends in US$
"Holding US-dollar dividend companies inside a US account saves this fee, and we would prefer to see them held in a US dollar account"
Not always thru unfortunately.
At NBDB, if you have CSU, FNV, OTEX, NTR in US account the fees fx/x conversion are double, because NBDB said it receive dividends in Ca$ from their agent (or custodian). I will complain to the Ombudsman.
At Scotia-ITrade they said the dividends are in Canadian by default because its a Canadian corporation, but they deny that dividends are payed in US$. The agents don't understand (or not competent)
At BMO said they dividends as paid in US$ if the stock is in US account, I feel some uncertainty on this answer but maybe true
VB said "This will only happen for two reasons at Virtual Brokers. First, if you do not have an U.S. side open in your account. Second, if the company trades on Canadian exchanges and pays the dividends in U.S. dollars we convert it to Canadian". Its clear. The G&M gives to VB best discount broker.
Best Regards.

Q: Just read that New York City Transit has awarded NFI with a contract for 15 low floor sixty-foot battery-electric, zero-emission, heavy-duty transit buses. Is this a substantial order?

NFI always makes this type of announcements and that seldom move the share price, but this one seem to have a positive effect on it today. Especially the announcement was made after closing, interesting. Your take? Thanks.

Q: It seems to be a serious dispute with M&G nominations of 4 directors and Methanex’s negtaive response to this. The share price is dropping. Would you still hold stock if you are under water already.
Thanks