Investment Q&A

Q: Hi,
WELL, together with LSPD, GSY, REAl, VEEV, KL, makes up the core part of my portfolio.
I find when Canadian listed companies seek a listing on the US stock exchange they have much better exposure to a way larger market, which ultimately benefits the stock, provided they execute their plans successfully.
Would you see, WELL, a small company by US standards, benefitting from a listing in the US and do you think that management at WELL might be heading in that direction?

NB" The hypothetical question is from the idea that maybe they can grow in Canada without seeking other markets, but I am skeptical about that.

Thanks,

Q: Hello -
Back in early November you had mentioned that QBTC was trading at about a 24% premium to Bitcoin itself. Since then it looks like Bitcoin is up maybe about 20% and BTC is down approx. 5% (?)...... you can likely can confirm those figures. Part of that is maybe CAD / USD differences. I am assuming that BTC and Bitcoin don't exactly move in lockstep.

Is there a way to figure out how much the day-to-day premium is?
It QBTC a better relative valuation than it was a month ago?

Thanks !

Q: Hi There,
I am considering adding to my current position of either MG or BNS.
In the event of market pull back, which of these do you believe would be the most stable? The idea is, when there is a market pull back, sell the position and add a more growth oriented name.

Q: If I were to sell one of these stocks to purchase something growthier, in what order might you suggest? Are any of these potential recovery plays?

Thanks.

Brad

Q: Hi 5i
Current thoughts on Toy ? They seem to be a long way from where they used to be with hottest products at Christmas (thinking Hatchimals), but now having less impact on parents pocketbooks.
Is that a fair assessment or am I misjudging their potential?
Thanks
Mike

Q: I was looking at the PLTR income statement... the TTM R&D is massive at $500M (which is great - build that moat), but the selling and admin expenses is $1.2B... that seems extremely high. Why is it so high and is that a worry? Or do you view that as a positive? Not really sure how to interpret those expenses in general.

Q: in light of rei.un decision to cut distribution by 33 percent are there any reits in the same space that might now be considering a cut or are there any reits in general that could cut the distribution? thanks Richard

Q: I tho't. that these two had announced a 3/2 adjustment/split. Was I having another seniors' moment? Thank for all you do. Bill

Q: Any comment on People’s three acquisitions, and your outlook on the company going forward?

Q: Hi group bought this stock a month ago and it has since dropped 50% what the heck happened - move on hold or buy more? thanks for your insight

Q: I hold BIP.UN in a registered account. When BIPC was created I decided to keep BIP.UN but it is looking like I don't understand the corporate structure. Typically with a unit trust or a partnership the unit holder pays the tax on the income whereas the tax is paid within a corporation so dividends are "after-tax". Since the amount of the distributions are the same for the two entities I figured that BIP.UN would be better off because it didn't have to pay all the tax on its income. By my rough calculations: since the split BIP.UN is up about 20% whereas BIPC is up about 80%. What did I miss?
Thanks for your insight.
Ian

Q: Hello I have accumulated about 27% of my cash portfolio in ENB and TRP combined due to DRIP and the fact that I have held the shares for about 20 years. The also make up about 10% of my total investments. If I sell, the tax will be like a kick in the pants and so I have never sold. The dividends have always been good too. But with Trudeau looking for areas to raise some cash, I feel capital gains might get worse. If I were to sell some of this, would you suggest some renewable energy issues such as AGN or BEPC to replace?

Q: Do you think ZEB is good value right now?

Q: I have a 5% weighting in ENB. I'm considering selling half my position in ENB and using the proceeds to buy TRP. My thought is spread the risk from one company exposure. It appears that ENB daily volume is much greater the TRP. Does it make sense to hold both pipelines or stick with one? When does daily volume of shares traded come into the equation?

Best, Don

Q: I have a RRIF valued at $200 K. It have been professional managed with less than a satisfactory performance. I want to takeover management of my RRIF.
At the age of 88, I need high cash flow from investments to meet the annual deduction requirement. Please suggest stocks, covered call ETFs, REITS, and other investment that may meet my needs. Thanks for you help.

Q: Hi Gents,

Wondering if you could speak to the value of GUD shares.
My calculations are that there is $3.31/sh in cash, which at Friday's price of $5.29, leaves $1.98 for the rest of company.
At $1.98 the company ex cash is worth about $260M. My modeling shows a forward P/E ex cash below 8x. Plus you get the potential of another game-changing acquisition which would likely be very accretive.

What am I missing here at $5.30/sh??

Q: Peter, I almost fell off my chair reading the business section this morning. It was reporting about the big banks' employee bonuses for the 2020 fiscal year. For example, RBC earned a total of about $11.5 billion - but the article reported that the bank's bonus pool was over $6 billion!! (up much more than inflation, 5.9%, compared to last year). If I've got this straight, the bank is choosing to pay out bonuses (not salaries; just bonuses) of more than half of the entire amount of the profit that is left to the entire shareholder base of the company. This strikes me as .... "inappropriate", if not insane. I know the excuse "We're just being competitive with other banks". But I've seen this rigged game before, as a way that public co managements have increased their compensation quite drastically over the years (e.g., hiring consultants to continually recommend higher and higher comp levels). Just wondering if you had any comment. Also, if you know of companies you like where management's comp is more fairly aligned with mine as a small investor, I'd love to hear of them.

Q: Hi,
Once you have maxed out your RRSP and TFSA contribution room, and you can continue to do so each year, where does a person put his/her money? In a non-registered account? I suspect that's the only way to continue to invest the stock market, correct?

Thanks

Q: I have 2-3% position in DSG, VEEV, WELL, NVDA and BYD and would like to add few more names in RRSP. Please suggest your 5 favorites growth names for Canada and US for long term hold (10 years or more) irrespective of sector that you would feel comfortable buying today in RRSP.

Q: which do you prefer for growth byd or gdi and what percent of revenues are derived from USA operations for each company thanks Richard