Q: Glencore announced suspension of dividend and assorted asset sales and share issuance to deleverage and tidy up the balance sheet. This seems like reasonable measures for the long term but as a shareholder is painful to ride out.
Could I have your opinion on these measures and on the company's position. I understand this is not one you follow closely but your expertise is, always, greatly appreciated.
Q: MRT.UN closed today at $13.42,a new low. Over the last 31 trading days it has lost more than 17% of its market value. In comparison, over the same period, XRE has declined only 4.3% in market value.
The yield on MRT.UN is now 7.1% and it trades a roughly half of NAV. I am torn between buying more, or beginning to reduce my exposure. Your comments would be appreciated.
Thanks Glen
Q: i own all three of these and am trying to figure out which one or two i could get rid of. i do like, but not need, dividends (xei has the highest); already own too many financials (vdy owns the most); also own too much energy (vcn looks highest there). or should i just dump all three and add more to zlb which has dollarama, atd.b,ffh, etc. of which i have none otherwise?
please help. thanks again
Q: This is a tiny company that may be on the mend. Today they issued a news release of a plan to exchange approximately $890,000 of certain existing debt for up to 2,690,531 common shares of the company.
The conversion price of the shares is 29 cents.
The current share price is under 21 cents cents a share. Is it peculiar that the conversion price is higher than the current price? Does it indicate the debt holders regard the company shares as undervalued or is this just a way to keep the cost base high and minimize cap gains on any future sale?
Q: Hi guys, i own shares of Meredith corp. Im currently in the green. What would you recommend with the recent acuasition of Media general buying Meredith corp. Would you hold here or sell.
Q: Hi Peter and Gang -can you please comment on Temple reit post the involvement of Morguard as a meaningful shareholder. Morguard historically has been very savvy /conservative. Wondering what their thinking may be here?-Kim
What do you think of Emera (with their purchase of Teco Energy). Would this Company be a good investment for a retired person to collect dividends with a little capital growth? I read on their web page that they are targeting 8% dividend growth through to 2019. Emera has a nice dividend yield of 4.52% at the moment. Hopefully this company would be a good sleep at night stock OR would you think that Fortis or Canadian Utilities would be a better choice.
Q: Hi,
Any idea why Granite fired CEO? Has there been any update regarding strategic review announce earlier this year? Thoughts as an investment currently for the sector - still more industry risk for lower yield but higher growth potential?
Q: Good Morning
In answering Andrew's question with resspect to MCB,on August 6th, 2015, you have stated:
"The cash can support the dividend for about five years."
Based on your above noted statement I felt that the dividend of MCB was safe and did not sell the stock.The end result is that I am substantially under water with respect to MCB (about 36%)
Can you please advise me whether to hold or sell this stock? What is your assessment with respect to the future of this company?
Thanks
Q: Evertz's latest results seemed rather weak (down 15% in revenue)and its years growth lacklustre. Is it time to seek an alternative income stock and, if so, what might be your choice(s)? Thanks for the input.
Q: Your expert comment on ET's results & conference call today.What will be the impact on its share price going forward?.Appreciate your usual great views & services
Q: In part of your response to Graeme, earlier today, in regard to Concordia, you stated, "The equity deal allows current shareholders to sell and replace their shares with the financing (at a lower price)."
??????
Confused here.
As a current shareholder of CXR, how does this affect me? I am in for the long haul and have learned to live with the volatility, but I'm at a loss to know if anything needs to be done here.
Thanks for clearing this up, because everything is very muddy right now.
Thanks, as always, for your great service -- especially to those, like me, who are "challenged" when it comes to "investor-speak".
Q: In March 2014 I purchased positions in the materials sector and all declined in value. They are G and CS, FM, and P with declines from 40% to 75%. The 4 positions now make up 2% of current portfolio. My gut tells me to sell and utilize losses, as no positive momentum for them in sight, nearer term, and overall weighting is very small. But first i would like your reasoned take/advice.....thanks....tom