Investment Q&A

Q: I am looking to buy fixed income for my RRSP account. To enhance my fixed income return I have been buying convertible debentures. I am not too concerned that I will never use the convertibility feature as I buy these bonds strictly for yield. About 18 months ago I bought the ATP.DB.B convertible debentures maturing June 30, 2017 at a price in the low eighties. Today it is trading at 94.00. I am now considering buying ATP.DB.D maturing March 31, 2019. It is now trading in the low eighties. Do you feel the extra yield on ATP.DB.D is worth the extra risk relative to ATP.DB.B? Keep in mind I am not concerned about convertibility features and I am only looking for yield. I am willing to hold both of these debentures to maturity.

Thank you, I will wait for your response.

Q: What is your opinion of Greenbrier Cos? I believe there may be an investment opportunity in this industry.

Q: Hi Guys,
I need a replacement for my Russel Metals debenture that was just called by the company.

What do you think of BTB REIT? If you think the REIT is solid enough, which of BTB.DB.D or BTB.DB.E would you select as a "Speculative" fixed income investment.

Thanks
John

Q: What's your opinion on Terra Firma's Q3 results? Thanks.

Q: Please provide comments on Strad Energy. Dividend was reduced to zero this week.
Thank you.

Q: It seems the value being given to Exact Earth in the proposed spin-out is roughly $125 million. Does this value seem reasonable given current market sentiment towards small cap growth stocks? CDV at $6 seems to implie a much lower valuation for Exact Earth. Would you expect the price to rise as we approach closing in first quarter 2016?

Q: I noticed under the 5IR other links, there is a link to "Sector allocation tools". The sectors include Financial Services and also Financial....while there is another Real Estate. This caught my attention because these three categories are often grouped together under Finance. I like this three grouping approach.
What would be classified as Financial Services....banks, insurance. brokers and the like? What stocks would be included under Financial?
And the last question, for a balanced portfolio, what weights would you suggest for these three sectors?
thanks for enhance my investment knowledge......tom

Q: what is the expectation for Amaya going into earnings, will the cdn. dollar impact them. dave

Q: I have taken the overall diversified portfolio and allocated each stock into one of three portfolios - income, balanced and growth....with the weightings being about 20%, 65% and 15%, respectively.
When it comes to rebalancing, do I consider the percentage for a specific stock relative to the overall portfolio or to the specific portfolio?.......Tom

Q: Could you comment on IPL latest earnings?

Q: Trying to figure out what's up with Chorus. So many positives:

- low beta
- solid ROE of around 20%
- low payout ratio around 34%
- forward PE of 7
- high yield yet appears to be very supportable
- security with the Air Canada contract renewed out to 2020

And yet the stock price is off .60 in the last three months. Am I missing a negative? I know the Q3 results are this coming Friday.

Thanks!







- forward PE of 7
- security with Air Canada contract out to 2020
- very high yet sustainable dividend

And yet the stock price is off .60 in the last three months. Is there a negative that I am missing. I know the Q3 results are this Friday.

Thanks!

Q: Please comment on the quarterly results.
Thanks

Q: They just issued their 3rd q results. I am not very good at determining if this is still undervalued. The results did not blow me away but they did increase the dividend by 10%. They are not in a growth industry however I thought Davis +Henderson was not either yet that stock has done well,long term. Your views of evaluation of SXP would be appreciated.

Q: Hi Peter
Worth taking a gamble on this stock with a 3% weighting.Can you comment on the knew acquisition and if you know management
Thanks Gord

Q: No questions on this one since Feb 2014. I note your concerns expressed at that time. While still not much in the way of financial results, I cannot help but wonder why Clive Beddoe would assume the role of chairman of the board (April 2015). I also note Wilmot Mathews, also on the board of WestJet, is a board member. You wouldn't think that these guys would get involved with a 25m market cap company unless they saw something in it. Your thoughts would be appreciated.

Q: Hi Peter and Gang,
My US holdings account for approximately 30% of my portfolio and my gains on US/CDN exchange are approximately 30%. If I were to sell all of my US holdings and convert the proceeds to CDN$ to realize that 30% gains on exchange. Then what can I do with the CDN fund after conversion if I still want to retain a 30% exposure to US markets.
Regards,
HS

Q: Greetings: I still hold ENL from back in the Paladin days. It and Knight (GUD) make up about 3% each of my portfolio. Endo's quarterly statement seemed fairly positive to me, but the stock dropped significantly. Is it in the same boat as Concordia and Valeant. In other words, should I continue to hold it, or is there some problem. If you say it is similar to Concordia, I will probably just keep it. Thanks, as always, for valued opinion.

Q: Hello team, How would the good US employment numbers and the strength of US$ affect TCN? Would this be a good entry price?
Thank you!

Q: Just noticed this press release and was wondering what your thoughts are on Bin now. Is it still a hold in your opinion. Thanks for your great service.

08:44 AM EST, 11/06/2015 (MT Newswires) -- Progressive Waste Solutions (BIN) shares were initiated by Credit Suisse with a underperform rating and $21USD price target.

Q: On Friday evening, I took in BNN…first time is many months. Bill Carrigan, a technical analyst was the guest. For auto makers, like MG and LNR, my take is he said auto sales hit a record hit last quarter and there is a topping, and from looking at the trading pattern and applying Elliot wave theory, there is a major correction, downturn, long down leg in the cycle for this sector. (Egad, i hold MG and other related stocks in this sector.) My question is do i monitor this trend and if so sell, or do i hold (because the companies are sound businesses in keeping with 5iR approach to investing)? The reason for asking this is….is this an example of trading investment style as compared with the philosophy of 5iR?…..Thanks for the clarification…..Tom