Investment Q&A

Q: Hello , 5iresearch would now be a good time to take a position in stn.. Stantec or do you have an entry point in mind?
thanks Kim

Q: BCE...Is the recent drop in price, which seems attributable to the Verizon rumours, a buying opportunity, or will Verizon greatly affect BCE's future earnings ?

Q: I don't know if you cover large caps listed in NY but if you do what are you views on Vodafone.

Q: TCK.B Everything seems to be bad news for the base metals and coal. can you explain why Teck seems to be tearing upwards?

Q: Hi Peter and 5i team. I hear a lot of positive outlook for the auto industry parts suppliers Magna and Martinrae. Does this also translate to suppliers Automodular (AM) and Pacific Insight Electronics (PIH)? Are they in a position to take advantage of the rebound as Magna and Martinrae have? Thanks,

Q: Peter, Is ZUB-T a good way for a Canadian to play the U.S. banks ? As always thank you for your expert advice.

Q: HNL Horizons North Logistics won a $46mil contract this morning. In the scheme of things (for HNL) how significant is this?

Q: Hi Peter and the team, what is your thought about PEO?

Q: Hi Peter,
I need your opinion on HGN and its long term outlook. Why the price is coming down recently?
Thanks.

Q: In response to edward's question re: trading in US funds at TD . To keep your funds in US currency you must call TD Waterhouse and request that the funds remain in US dollars.
Shirley

Q: I own Tranalta preferred share series F and although I understand why preferred shares in general have declined recently because of qantative easing comments recently, I am at a loss to understand why these share have dropped so much. As I understand it the balance sheet is fairly solid and this series will be redeemed or the rate is due to be reset in about 2 years. If Transalta does have cash flow problems it could reduced the common dividend and at least temporarily solve the problem. Can you explain this?

Q: RSP investment with USD asked by Edward

TD Waterhouse allows investment in USD. You have to ask TDW that you want to keep the USD currency. So you will pay the conversion the first time, then they will invest the USD cash in US Money Market Fund. Whenever you buy, you will see the transaction converted to C$, but someone in their Ottawa office will cancel the currency conversion the next day, and change the trade in USD only, and enter an order to redeem US Money Market Fund for that purchase. When you sell US stock, someone will convert that order back into USD the next day, and enter an order to buy US Money Market Fund with the proceeds. They keep a few people in their Ottawa office to do this. I was told they were going to make an RSP USD account so they don't need to do this manual thing, but a few months passed and they have not done that yet. The point is we don't have to lose currency conversion loss every time we trade, only the first time (which you can achieve by converting CAD to USD, or sell an interlisted stock on NYSE such as BTE RY or TCK), and the time when you want to withdraw funds from RSP as they only do CAD withdraw at the moment.
I found this 8 months ago when I wanted to sell a stock that was halted on TSX but continue to trade OTC in US, and have since use that proceeds to trade US stocks only, trading and investing in AXL MTG FNMA TEN PHH MITK ORI etc.

Q: Re US funds, I pay 30 dollars a quarter toScotia Itrade in my rrif and receive the bank's exchange rate which is a great incentive to trade US stocks.

Q: What is your view on Potash POT.TO at this price level and their recently announced share buyback program? Do you see more down side from here?

Q: Companies are buying their shares back.What does this tells us on the long term? Your opinion would be appreciated.Thanks.Emml

Q: Peter; This is for Edward re the RRSP and US Funds. I deal at BMO InvestorLine and once you convert to
US funds to buy US equities it stays in USF. If you sell someting you just request settlement in USF . Rod

Q: I presently have a self-directed RSP account at TD Waterhouse WebBroker and use it to buy and sell shares on the NASDAQ. TD allows this but they convert the funds to U.S. on the purchase and then convert back to Canadian funds on the sale for each transaction. This is expensive. Are you aware of any discount broker that has a self-directed RSP U.S. account where the funds would be left in U.S. dollars and not converted to Canadian each time as I would like to continue investing in the U.S. through my RSP account.

Q: Hi Peter and Team, your thoughts on Precision Drilling, PD, now that results have been released. If possible, your thoughts and opinion on what the stock is capable of for the balance of the year would be appreciated. Thanks!

Q: Hi. I'm new to the service and excited about the fresh look at research and the personal advice. Would I be wrong to start building a portfolio using the 'A' rated stocks providing they are in different sectors and industry.

Q: Your thoughts on DHX-T? The Company has had a great run. Do you see material upside from current levels?