Investment Q&A

Q: Hi Petet and team,
Teck had a big drop today, is it a buying oppurtunity or a wait and see?
Great job this year,very happy I joined 5 I.

Q: Hello Peter and company. I was hoping to have your view on Teck Resources..TCK.A.. I am looking at cash levels and prices on its various business segments on a forward basis. It looks like there is a significant misunderstanding of impacts and there could be a floor and $21.00-$20.00 area. I already have a position. Is the Dividend safe in your view. Thank you Jason

Q: hello team,
I was wondering about Teck TCk.b. What is the future for itdo you think. i have been thinking about buying it my rrsp and immediatly afterward selling a corresponding amount it in my non registered account for a tax loss. Ican't see anything wrong with this strategy, although i could be missing something. sdo, my question mainly hasto do with how you see Teck
thanks claire

Q: Hi:
Congrats on a successful bike ride for the kids!!!!
My question is about Teck which had a high volume Friday and is falling to-day. It is setting new 52 week lows. Is there any news that is causing this sell off?

Thank you

Q: Would this be a good time to buy TCK.B. Your thoughts please.
Thanks so much.

Q: What is the best 1 or 2 small to mid cap stocks to play zinc deficit and zinc price rise. Dave

Q: Hi,

I currently have a well diversified portfolio with a good mix of large and small cap stocks. I was thinking of possibly replacing TCK.B (with a minor gain). Could I get your input on a suitable replacement, or if I even should be replacing it at this point?

Q: TCK.B: I have been keeping my eyes on this one for a while looking for an entry point. I realize that this Co. is tied to coal for steel making and copper and zinc which are all economically sensitive. At some point as the EU and Chine pick-up a bit and price increase for their commodities this should help? Is the dividend safe under current conditions-I am retired and own no other resource stocks other than VET, CPG & BTE which with reinvested dividends have served me well over the last 5 yr.

Q: I have held S (2% weighting) for just over 2 years and am finally back to par. I do not need to raise cash and it is my only holding in the materials sector outside of gold. My portfolio is weighted towards income (71 years old). Would you sell here and what would be a good replacement?

Thanks Team

Q: I am in bargain hunting mode having watched Teck hit a new 52 week low today; also, G, SLW, BTO and XGD have all tanked since buying them a couple of weeks ago.
Is the risk/ reward in my favor right now?
Would you buy any of these now or would you wait?

Thanks for all you help and guidance.

Q: What is your thoughts on TCK.B? You've indicated in the past that the company is well managed, but due to falling commodity prices the stock value has fallen substantially. Do you feel that now is a good opportunity to purchase shares in Teck?

Also, do you see any reason to own TCK.A over TCK.B?

Q: Hi Peter:
Just wondering what is going on with TECK. It has dropped over 5% in 2 days. Now at its lowest point since July.

Thank you

Q: More of a comment than a Question.
In answering a question on Teck you referred to the substitution of natural gas and coal. Teck actually supplies met coal which is a higher quality coal used for steel making (as opposed to thermal coal which is used in power plants), Teck's future in coal is more tied to overall demand for steel which is driven by global infrastructure building, primarily in china where they have very strong ties. Teck has been snooping around various iron ore assets for years now as iron ore is the other big commodity (beyond met coal) required for steel making. Teck would have significant economies of scale if they could provide both the iron ore and met coal to their existing customer base. That being said Teck is wary of paying too much especially after the issues they had when they acquired their coal assets.

Q: Hi,

Do you have any views on IOC? Recently there was a news in the media that Teck is planning to bid for it. I looked at the financials which are not pretty. Why are investors willing to pay a huge price for a money losing company. Why would teck be interested. Thanks

Q: I am looking at teck resources.can you see a good entry price somewhere,which would be a support level?
Also under which scenario would coal recover?
Would you suggest Teck right now as a bit of a contrarian play,or would you wait some what longer

Q: You have mentioned that owing about a 5% position in a gold stock is good insurance for a long term portfolio. I already own a 5% position in Teck. Even though they are not a gold producer, is this similar to owning a gold stock or should I also buy a gold producer and increase my overall weighting to 10% in what I think of as the materials sector?

Thanks for the continued insight into investing.

Paul F.

Q: RE TECH.B WHAT IS YOUR OPINION ON TECH.B AT THE CURRENT PRICE

Q: I would appreciate your take on teck numbers

Was it that bad to justify 6-7 % drop or more?

Q: Peter What are your thoughts on tck-b.TX

Q: Thank you so very much for your answer to my question re zinc producers. I have decided to take a wait and see as TV doesn't make money, nor does CZN and I try to be an investor, not a speculator. TCK certainly does have some good fundamentals, at least to my neophyte eyes. But a major part of their operations is coal, which has been on a downtrend since July of '11 and show no signs of abating. TCK.A looks to be trying to base and may present a "buy" signal soon.