Investment Q&A

Q: Trying to figure out what's up with Chorus. So many positives:

- low beta
- solid ROE of around 20%
- low payout ratio around 34%
- forward PE of 7
- high yield yet appears to be very supportable
- security with the Air Canada contract renewed out to 2020

And yet the stock price is off .60 in the last three months. Am I missing a negative? I know the Q3 results are this coming Friday.

Thanks!







- forward PE of 7
- security with Air Canada contract out to 2020
- very high yet sustainable dividend

And yet the stock price is off .60 in the last three months. Is there a negative that I am missing. I know the Q3 results are this Friday.

Thanks!

Q: Please comment on the quarterly results.
Thanks

Q: They just issued their 3rd q results. I am not very good at determining if this is still undervalued. The results did not blow me away but they did increase the dividend by 10%. They are not in a growth industry however I thought Davis +Henderson was not either yet that stock has done well,long term. Your views of evaluation of SXP would be appreciated.

Q: Hi Peter
Worth taking a gamble on this stock with a 3% weighting.Can you comment on the knew acquisition and if you know management
Thanks Gord

Q: No questions on this one since Feb 2014. I note your concerns expressed at that time. While still not much in the way of financial results, I cannot help but wonder why Clive Beddoe would assume the role of chairman of the board (April 2015). I also note Wilmot Mathews, also on the board of WestJet, is a board member. You wouldn't think that these guys would get involved with a 25m market cap company unless they saw something in it. Your thoughts would be appreciated.

Q: Hi Peter and Gang,
My US holdings account for approximately 30% of my portfolio and my gains on US/CDN exchange are approximately 30%. If I were to sell all of my US holdings and convert the proceeds to CDN$ to realize that 30% gains on exchange. Then what can I do with the CDN fund after conversion if I still want to retain a 30% exposure to US markets.
Regards,
HS

Q: Greetings: I still hold ENL from back in the Paladin days. It and Knight (GUD) make up about 3% each of my portfolio. Endo's quarterly statement seemed fairly positive to me, but the stock dropped significantly. Is it in the same boat as Concordia and Valeant. In other words, should I continue to hold it, or is there some problem. If you say it is similar to Concordia, I will probably just keep it. Thanks, as always, for valued opinion.

Q: Hello team, How would the good US employment numbers and the strength of US$ affect TCN? Would this be a good entry price?
Thank you!

Q: Just noticed this press release and was wondering what your thoughts are on Bin now. Is it still a hold in your opinion. Thanks for your great service.

08:44 AM EST, 11/06/2015 (MT Newswires) -- Progressive Waste Solutions (BIN) shares were initiated by Credit Suisse with a underperform rating and $21USD price target.

Q: On Friday evening, I took in BNN…first time is many months. Bill Carrigan, a technical analyst was the guest. For auto makers, like MG and LNR, my take is he said auto sales hit a record hit last quarter and there is a topping, and from looking at the trading pattern and applying Elliot wave theory, there is a major correction, downturn, long down leg in the cycle for this sector. (Egad, i hold MG and other related stocks in this sector.) My question is do i monitor this trend and if so sell, or do i hold (because the companies are sound businesses in keeping with 5iR approach to investing)? The reason for asking this is….is this an example of trading investment style as compared with the philosophy of 5iR?…..Thanks for the clarification…..Tom

Q: Any thoughts on Dorel's latest earnings release? Took a nasty hit on Friday due to earnings miss. Looks like primarily a FX impact. I've had this stock for many years and it's essentially trading where I bought it so have made no money on it other than the dividend.

Q: What do you think of ventas at this price. Is it a buy?
thanks for your great service.

Q: PLI has had some positive news lately and stock seems to be responding well. Do you think the news supports the current value and would you recommend it as a buy at current levels.
Thanks
John

Q: Please comment on the results for ax.un.
Thankyou

Q: What do you think about this stock it has a great yield pushing 15% is it sustainable, buy or not?

http://stockcharts.com/h-sc/ui?s=ALDW&p=D&b=5&g=0&id=p30984674907

Q: I am trying to understand Mandalay's US$50 million of senior exchangeable bonds on their balance sheet (see below).
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US$50 million of senior exchangeable bonds issued April 29, 2014.
The Bonds, which will have a maturity date of five years from the issue date, will be issued at par and carry a coupon of 5.875% per annum payable quarterly in arrears. The Bonds will be exchangeable into ordinary shares of the NYSE Arca listed SPDR GOLD exchange tradable fund (the "GLD Shares") at an initial exchange price of US$149.99 which is a premium of 20% above the VWAP of GLD Shares on April 29, 2014 (currently equivalent to a gold price of approximately $1,556 per oz). Further details regarding the terms of the Bonds and the Loan Agreements, subject to the revised terms described herein are set out in the Company's press release of April 23, 2014.
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Could you comment on whether this bond issue is still a good deal for Mandalay given the huge drops in the SPDR price and the Cdn dollar.
Any help simplifying and interpreting this deal for me would be much appreciated - it seems very complicated !!

Q: Hi Team

Of the following two financial stocks which do you prefer?

Thanks

Q: Hello, my previous advisor had this stock in my rrsp, I have a 3.4% weighting in my portfolio, but is 15% of my rrsp account. I am down 11% currently. It has a decent dividend, but it seemed to have peaked during the spring of 2013 and has been trending down ever since. Do you think it's worth holding or should I look for better opportunities. Thanks.

Q: My BMO Investorline displays Hydro One as dropping $19.445 to $2.175 per share from $21.75 per share. This change occurred about 14 minutes after 4:00pm Friday. Is this just a computer error?

Q: Hi Guys,

I own most of the companies covered in the 5i growth portfolio. Just wanted to know if you still like this and if the story remains intact or has gotten better/worse. The app is fantastic and it seems like they've got a nice brand, plenty of users, and growth ahead. However, I'm concerned about the company's ability to become profitable. Do you think these fears are overblown? I'd appreciate your thoughts on this as I'm debating about adding a half position to this in December when tax loss selling has abated.

Thanks,

Elliott