Investment Q&A

Q: Hi Team!

I'd like to add some names in the energy space given its beat up status. Can you provide 3 names that would provide a proxy on a recovery in this area?

Q: My question is on energy as I do not hold anything in this space. I have been looking at this company for awhile producing a high yield that the company says it will not cut. From what I understand this is holding the stock price as fears of a dividend cut. yet on the other side it is said if the dividend was cut it would probably help the stock price. My question if the stock is purchased you get the dividend and if the dividend is cut the stock price would most probably increase. any comments on this thesis.

thanks Dave

Q: How do you view the above companies to boost yield, energy weighting and opportunity for capital gain. My objective is to minimize total equity exposure while achieving a targeted yield by seeking out more potent dividend names with good upside potential. Thanks.

Q: Hi ,

I am looking at adding VET for Dividend and Growth. How is their balance sheet ? Do you expect any pull back or good entry point ?

Do you think the dividend is safe here ?

I do have SU.to, WCP.to stocks.

Thanks,

Q: What is the mix of oil vs. gas revenues for Vermilion? Are there substantial revenues generated outside of oil & gas? Thanks.

Q: I'm looking to add a little oil given the current upward momentum. I own ERF at this time. Could you recommend a couple of mid cap names that might respond with some gusto to further oil price increases....willing to assume some risk.

Thanks, Dennis

Q: Hello, I'm looking to sell Vermilion for tax loss purposes and am looking to maintain similar sector exposure by replacing it with Whitecap. Do you think this a reasonable move or is there a name you would prefer over Whitecap in this scenario? Or would it be better to simply wait the 30 days and repurchase Vermilion? Thanks and Happy Holidays!

Q: I was listening to some comments on VET on BNN Fri. What was mentioned was instability in the European gas market. I believe something about Russia messing around with the market and therefore putting on question on Vet's gas business in Europe. Do you have any insight into this?

TIA

Q: The beginning of January I plan to put $6000 in my wife’s TFSA and $ 6000 in my TFSA. The contribution will come from our joint savings account. I plan to buy for each of us 300 shs of VET. In the meantime I will be selling 600 shs of VET in my non registered account. Following this I will put the proceeds from the sale into our savings account. Is this any different from directly contributing the shares in our TFSA ?
My interpretation of this is that it would be a deemed disposition, and I won’t be able to claim a capital loss, but I would be able to claim a capital loss in the first instance above.
I know this is an accounting question, but if you prefer not to answer , maybe one of your subscribers is knowable enough to give an answer.

Q: Your thoughts for long term hold, 5 years

Q: VET claims it's dividend (and capital expenditure) is covered at $55/barrel i.e. it's cash flow positive @ $55. Do you agree with them?

Q: Do you consider any of these dividends to be unsustainable? Any other comments on these companies?

Q: 5i
Oil represents about 5% of my portfolio and is comprised of Freehold, Vermillion, Surge and Whitecap. I cannot get a good feel as to where the price of oil is headed in the next 2 years. Appears to me there are conflicting views. Should I get out of the oil sector, invest in good dividend paying stocks that would be more stable and re enter the oil market or not at a later date. All my oil stocks do pay high dividends, are they sustainable. Appreciate your insight on both the oil market and potential stocks to invest in regardless of sector if you feel exiting the oil market may be the way to go.

W

Q: Hi 5i,

I've dumped some underperforming stocks this month to harvest tax losses and so now am sitting on some cash to deploy.

Notwithstanding that I may repurchase a few that I still like after 30 days, I would love to get your "as-of-this-moment" Top 3 Canadian equities that you would throw some money at if it fell into your lap.

Criteria would be:

1. Must be Canadian
2. Sector is irrelevant - assume its a small part of a wider, well-balanced portfolio.
3. Dividends not relevant
4. Held in a cash account
5. 3-5 year hold

Thanks!

Q: Hi Team,
Can you suggest similar sector/quality stocks to replace the following stocks which I like to do the tax loss selling and would like to stay with the sector !
PD - loss 39%
MX - loss 32%
TCL.a - loss 25%
VET - loss 30%
WFT - loss 15%
Please deduct my credits as needed.
Thank you as always !
Tak

Q: I am as of today down 15% with vet.with a 12% yield. My thought is that if I do not really need the tax loss and would be quite happy with a 6% yield . Can you offer an opinion on if a div. Cut is in the works that vet .with it's track record and balance sheet does not need to cut div. By more than 50% TKS. Larry

Q: With tax loss selling hopefully ending, which oil and gas stocks would experience the best rebound? I think primarily of wcp, tog, sgy, tou, pony, cj, kel, bir etc.
thank you

Q: Which 6 top Canadian companies do you consider the best tax year selling purchase for this year?

Q: Do you view cutting dividend in half a positive or negative-14 percent seems inevitable to cut

Q: In a recent answer to a question on an oil company, you mentioned that it is hard to be optimistic on a company if you don't like the management team. So my question is, which of the management teams in the oil sector would you want to align yourself with, and why? Alternatively, which of the management teams would you not align yourself with? Please deduct as many credits as necessary to fully answer my question. Thank You.