Investment Q&A

Q: I would like to add a smaller energy company to my portfolio mix, aiming for a bit more growth potential and I have narrowed my search to Cequence Energy (CQE) and/or Delhi Energy (DEE). Would either of these two warrant a 5% position in my growth portfolio and why? Alternatively, with companies such as these, is it better to do 2.5% in each? I am pretty fully diversified across 6 sectors, with fairly equal weighting, and wanted to start adding some "torque" to the mix. Thanks, as always, for your exemplary service!

PS I hope Peter's surgery went well, and that soon he will be able to "ride like the wind" on his cross-country trek.

Q: Is it too late to buy SCL? I started watching this company in early February, and was trying to pick up shares just below $40 but it never got to my purchase price. I have been watching it go up higher and higher ever since, and now it is over $60, that would be a 50% gain had I been able to buy at my (stubborn) price of below $40.

How strict on purchase price should I be when I decide I like a company and want to buy its shares? Should I be rigid and stick to my pre-determined price, or should I just buy at market price once I decide to acquire a position in a company (with a minimum of a 1 year hold)?

I still like SCL, and wish I had purchased it when I made the decision to buy some shares. Should I just buy SCL now at $60, or give up on it since it has had such a large run up, and find something else I like?

Paul

Q: could i please have your opinion on abm . Thank you.

Q: Would appreciate your view on MagSilver (MAG).Many thanks,Nancy

Q: Should I liquidate my portfolio (which is largely blue chip, high-yielding Canadian equities) and buy it all back if/when (i.e. when) the market corrects?

Q: Can you comment on TAO.to and it's release on production and revenue increase? You have commented on it in the past and wanted to see better numbers. Did the numbers improve enough for you to consider it as less risky? Thank you.

Q: One of the key points you stress when evaluating a company is the management. With respect to SGY you state "management has built several successful companies before"; and with respect to DHX you state "DHX management has done it all before at prior companies, which they grew and sold".

Can you expand more on these prior successes. What successful companies did SGY's Paul Colborne build? What companies did DHX management grow and sell?

Paul

Q: Just a comment. ENB is NR in the model portfolio but rated A- in the 'global' portfolio.

Q: Hi I would like to know your opinion on Prudential Financial (PRU-US)? Thank you. Jean

Q: Exploreco is the offspring resulting from the proposed takeout of Crocotta.What valuation does the market place on exploreco and do you folks think this is a reasonable valuation?Thanks for your analysis.

Q: What is your opinion of Saskatchewan Pension Plan. Is it a viable alternative to use in your RRSP?

Q: I'm looking to add some US exposure into my portfolio. What is your opinion of Boeing (BA.US) over the next 12 months?

Q: I was wondering if you could comment on the value you see in Or. I'm not sure if I completely understand what this stock is all about. Would it be considered to be as risky and volatile as many gold stocks? Will it move up and down in step with other major gold stocks? Thank you.

Q: In my various trading accounts, I have:
ABX, AGU, AVO, BEP.UN, CGX, CSH.UN, DHX, EFN, ESL, G, SJ, SGY, TCK.B, & WCP

My losers include ABX (significantly), G, and TCK.B
My problem is that I haven't done very well in my non-registered account and this is where ABX resides. If I have a tax loss, I don't think I have very many gains to counter it.

G and TCK.B are in my RRSP and TFSA respectively, but I think you are fairly positive on these. Should I sell ABX and hope I have enough gains later in the year to balance this out with? Also, am I diversified enough?

Thank you SO MUCH for this service!

Q: Hi Peter, have excess cash in RSP account and wondering about WIN/CCL.B/MDA/DHX. Do you have a preference from these? I have a 10 year time frame and own most of the more growth oriented stocks in the model portfolio. Thanks for Amaya and all the wonderful advice. Bill Y.

Q: It seems Lithium is required for quite a lot these days including the batteries which power Tesla Motors electric cars. Recently an item appeared in a UK financial magazine about Bancora Minerals, BCN, a Lithium miner in Mexico. Usually I stay away from penny stock but what do you think?

http://moneyweek.com/right-side-why-the-hell-has-nobody-noticed-this-amazing-stock/

Q: Good Morning
Quite a few years ago I began investing through full fee global mutual funds. I graduated to purchasing individual stocks through a discount brokerage account but held on to the mutual funds which now comprise about 15% of my portfolio. The mutual funds have performed OK, nothing spectacular, returning a little over 9% annually and have doubled in value. The MERs are high at about 2.75%. I would dearly like to switch into global ETFs. If I sell the mutual funds over a number of years, I will limit the capital gains tax bite to about 15%. I calculate that going forward if the mutual funds average 7% then the ETF should average 9.5%. I arrive at this by adding the 2.75% MER back onto the 7% gain and then subtracting .25% for the ETF MER. At this rate it will take 8 years to recover the 15% lost to capital gains tax and achieve the ongoing benefit of lower fees. Is this a valid strategy or am I missing something?
Thanks
David

Q: Hello, Peter
When a company grant stock options, do they have by "law"to:
1/Disclose the price granted
2/ Disclose the strike price
3/ announce within a certain limit of time after the said grant

And if I may, when insiders of a double listed(US and CAN)buy or sell shares, do they have to "press release" the operation and if yes how much time are they are given to announce the operation.
With much appreciation for your answer.
CDJ

Q: Good morning,

I have been looking at selling Badger(BAD) and purchasing Canyon Services(FRC) Great service from 5I

Carl

Q: "We are considering adding a growth portfolio; but at this time are not sure of the timing on such."

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Peter, can you elaborate on your thinking per your comments above? I too am in favor of seeing a growth model portfolio (for the ones willing to take on more risk). Thanks.