Investment Q&A

Q: I saw a segment on Trudeau's proposed Bank Recapitalized Bail in Scheme on the rebel this evening and was of course concerned. How would this affect my stock portfolio for example held within Scotia Itrade? Here is a link to Ezra Levant's piece.
http://www.therebel.media/handsoffmymoney

Q: Hi Peter, I bought it last year on your recommendation and then this wild price movement. Anyways, it is back up again at my buying price. I know you dropped the coverage. Is it still a good company to hold for long term(with future earning visibility) or should I just sell and switch it to something else(more stable and growing earning power)? If you suggest to switch can you please suggest your best 3 stocks today(considering current price) that have highest possibility of total return on a risk adjusted basis?

Q: Will you be keeping HCG in your Balanced Equity Portfolio or removing it because of the buy back offer?

Q: What are your favourite Canadian reits for a 5 year investment ? Thanks.

Q: Why did you choose aem for the BE portfolio when you seem more positive on FNV.
Thank You

Q: Peter and His Wonder Team
Just spent too much time writing my question and got stopped out...so I will be brief. In the event of a global financial collapse... because we are drowning in debt... who will survive? How can we prepare...own hard assets like land, gold or silver coins, the minings stocks, be debt free with no mortgage? Are there any sectors which would benefit? Your thoughts please...so I can sleep better! Ha! Ha!
With respect...
Dr.Ernest Rivait

Q: Hi. What is your opinion of Skyworks Solutions? Also I was wondering what the analysts'’ 3-yr projected revenue and eps increases are for it? Thanks, JR

Q: Your thoughts on this one for income. These are all high quality companies and the common stock version has payed a nice dividend for a long time.

Q: A comment on Roland's question:

The Netherlands listing (UN) is subject to a 15% withholding tax on the dividends, whereas the UK listing (UL) has no such withholding tax. For a taxable account, this doesn't make any difference, since the 15% can be deducted from the Canadian tax ultimately payable. However, for an RRSP account, this 15% tax is irretrievably lost, effectively reducing the dividend you receive by 15%.

Hence, I would recommend buying only the UL listing for RRSP accounts.

Q: I just saw an article probably announced by the Feds in the latest budget that there will be new legislation on "Bail-In" for banks. I don't know too much about the details, but from my understanding the current framework is that the gov't will step in if the economy is bad enough to help support the banks from collapsing or failing.

The latest change will make it that the creditors of the banks will be on the hook and will have an option to swap their bonds to equity?
Is that correct and what is your take on how this will affect the risk of Canadian Banks?

Q: Hello,
As a follow-up to Andreas question,IT,as expected, has fallen on AYA news but the magnitude of its decline is surprising - almost as much as AYA in percentage terms. Can we expect similar bad news to AYA now or in the near future?
Thank you
Ed

Q: 2 stocks that you do not seem to like stb and dci, have been big winners fo r me up 20 per cent on each plus the annual dividend of at least 12 per cent on each. can you comment. dave

Q: I bought the Canaccord preferreds about a year ago. As usually happens, the price of the preferreds went down with the normal stock, to the extent that the yield is now around 15%. Is this yield safe? Can I add to my holdings while I wait for CF to recover?

Q: In your Mar 23 response, you indicated guidance was key...so I scanned their 2015 AR looking for guidance. I expected to find some 2016 goals and a CEO signature. Only found the Executive Summary...where the only guidance is they "expect" to de-lever by paying down some debt...& unsigned. No commitment or targets there. Your thoughts?

Q: Intertain gets hit again. What do the shorts know that I don't? Of course I know about AYA's troubles, and the usual regulatory risks. But the earnings and guidance seemed good. Still the shorts pile on, and they are right again, just like with CXR. I added a bit on the earnings news but am about to get stopped out again. It seems to be a real losing battle to go up against a high short position on any stock. These guys just seem to be more powerful and perhaps have better info. Opinion?

Q: Hello 5i
I've been watching Lassonde for some time and would like to know if it is on your short list to cover?

Q: Hi 5i: Over the years I have heard several advisors on BNN say that Unilever is a good way to access emerging markets. I just checked RBC Direct and found 5 or 6 different codes for Unilever (including UN and UL) and am not sure which I should buy (if I buy). Could you advise? And what do you think of the Unilever for EM thesis? Thanks

Q: MAL Chairman of the Board, N. Murray Edwards owns 74% of the common shares. I know we like the executives to have skin in the game, but does this high of a percentage create any concern? The annual financial form does state that no owner controls more than 10% of the voting shares.
Thanks

Q: I am a retired, conservative, dividend-income investor with a pension, CPP and diversified portfolio of mostly dividend payers (AD, AQN, ALA, BCE, BNS, CPG, CGX, PBH, RY, WSP, WEF, WCP, ZLB, XIT, Sentry Cdn Income Fund, Sentry REIT, RBC Cdn Income Fund, Annuities, Fisgard Capital).

I have held PBH for quite a while and need to trim it (for the 8th time), yet again. I am looking to build a position in another consumer stock (already hold CGX, PBH and those within ZLB and the above funds).

I think ECI would make a good fit, but I am concerned about the high P/E at 27.8 and high P/BV at 3.51. Also, this recent purchase is USA-based.

I am looking for a reliable dividend payer, with some dividend growth and capital gains growth as well. Your comments are appreciated. Thanks...Steve

Q: This seems like a great business - management seems has done a great job of improving customer retention rates and growing the business but they are about to close on a large and transformative acquisition. They trade at about 9x EV/EBITDA and they appear to be paying about 15x for the acquisition but claim it to be accretive. I've gone through their numbers and have trouble seeing how it gets to be accretive. Your latest report is from August 2015 - have you been looking at this acquisition and do you plan to do a report in the near future?