Investment Q&A

Q: Hi Peter and Team,
I am reviewing my portfolio for 2014.
I hold MRG.UN 5% position (down 10%)purchased as a US housing play it is not recovering although Tricon a similar play seems better suited.
BBD.B, I am also down 10% and the stock don't seem to act positively after continuous bad news on the C10 plane

I would like your opinion on my intention to sell both and your suggestions for replacements in the same categories( industrial and US home recovery.
Thanks for your excellent service.

Q: Has your outlook become any brighter since your last post in May on Strongco (SQP).Thanks

Q: Hi Peter & Team. I currently hold Shoppers (SC) and am wondering if you would sell before the takeover by Loblaws or keep the stock? SC has been a good performer with dividends but not so sure about the food business with Loblaws.

Also I have a position in Sherritt (S) and wonder if I should exit my position and put the nmoney to work elsewhere?

Thanks for your consideration.

Q: Do you currently see markets as over bought? If not, where would you put new money? Thanks.

Q: Hi Peter,thanks for the advise on WFT, At the time I did not have any forestry stocks and since i bought it it is moving nicely.

I do not have any oil and gas stocks. if you were going to buy only one stock what would it be. Dividend is nice but not necessary, and i would like one company that may be able to take advantage of a decreasing Canadian Dollar. My risk profile is medium to high

cheers
Darcy

Q: Do know the reason why IAE (Ithaca energy) dropped 5% today.
Is this a buying opportunity?

Q: Hi team:
I already have SPY and VIG in my investment account
I am planning to add IWO as well which is a good choice from advices from the e-mails
If I put it in a investment account vs TFSA vs RRSP
I am aware of the tax withholding of some of the US funds,
could you let us know re: the differences in tax holding in the above accounts ?

Q: Hi Peter, is there a reason why Iamgold (IMG)stock has increased by almost 30% from its low of December 2013? Thanks, Gervais

Q: Could you please give me your thoughts on Yellow Media (Y) which has shot up recently. My RBC - DI page shows a P/E of 0.7 which seems improbable to me.

Thanks. Bob.

Q: OTC : One week ahead of earnings reporting, Open Text announces buying OTX Group with cash (with some financing) and shares of OTC. At the moment the market does not like this - presumably because of the financing?? What do you expert analysts think of the deal and where the stock will go?

Q: Hi Peter, what's your current opinion on ECA and whether to continue to hold or swap for another energy name (5% position and already holding BEP). Thank you.

Q: Hello Stellar 5i Team, please help me with AYA. It appears frequently as a top pick even though your latest report is out of date and the stock is up 100% from Sept 2012. True revenue growth is off the charts in part from great but not cheap acquisitions. But the company is not profitable, has therefore no ROE, it no longer has a stellar balance sheet; enormous G&A costs at 75% of revenue offset the appealing 97% GP margin. Annualized cash flow of only $12 million as a percent of market cap an is puny at less than 2%. When will growth translate to high returns on equity and how do you make sense of valuations like the 244x cash flow and over 5x revenue? I have locked in my SUM gains and am attracted to the recent 15% decline in the AYA price but am really struggling with the fundamentals here.

Q: Hello,

What is your opinion on SNC these days? Is it worth buying?

Q: The Russell 2000 Index gained 68% last year. What is a good etf to use to play this & has it run too far to expect gains this year? Thanks in advance.
Dave

Q: could I please have your opion on cum. thanks

Q: Do you have a preference for Winpak or CCL at this time. Now that both are off their highs do you think they present a good investment opportunity. Thank-you.

Q: CPG shares have been flat for a long time, and I am thinking of selling. However if you see any upside in the immediate future, please advise and I will hold them.
Regardless, please recommend some solid growth stock(s).

Thanks

Robert

Q: I have the majority of my US holdings in VIG and IWO plus a few large caps (JNJ, MSFT, ABBV, NSC, GE, T). I am still underweight in this area so I would like to buy more over the next few months. However, with the falling loonie I am feeling reluctant to add to these positions in my CDN $ registered account. I already feel like I screwed by the discount broker on foreign exchange to begin with, and the weak loonie just makes me feel worse. Any comments would be appreciated.

Q: I see that Enghouse is listed in the US as well, as EGHSF:PNK. Its US price history is similar to ESL:T but not the same. Can you tell me why they are different and does it matter which is bought (aside from the different currency risk)?

Q: There's an excellent article in today's Globe amplifying and supporting Peter's views of analysts reports. It's "What to read,(and what to ignore) in analysts reports." by Chris Umiastowski.