Q: Just read the answer to the Nov 2017 notes offering. Just want to make sure I'm doing the math correctly. I read they are paying 1004.25/1000 which is only 100.425/100, so basically no premium. If I hold to maturity in 9 months it's 7.5% - 0.425 = 7.06% return. If I tender the offer it's 3 months interest of about 1.88% + 0.425 = 2.3% + interest made on a new investment. I would need to make 4.76% in 9 months (so a bond paying 6.3% annualy) to break even. I understand the risk and that the fixed income part is supposed to be the safe part of the portfolio, but is it really that big of a risk that Athabasca Oil will be bankrupt in 9 months and not be able to pay the principal back?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: What is your opinion on the sale of the power business just announced? If the power business was largely carbon-based, it theoretically could be positive, I suppose.
-
Canadian National Railway Company (CNR $136.24)
-
Canadian Pacific Kansas City Limited (CP $102.84)
-
WSP Global Inc. (WSP $241.46)
-
NFI Group Inc. (NFI $13.65)
-
Magna International Inc. (MG $68.63)
Q: For industrials I have CP CNR WSP and MG. I would like to add one more to this sector. Do you have a favourite pick for medium and/or long term hold?
Q: I am interested in finding a few housing construction / housing sales related companies with good regional exposure to the GTA. Do you know of any such companies that exist? Thank you,
-
Timbercreek Mortgage Investment Corporation (TMC )
-
Trez Capital Mortgage Investment Corporation Class A Shares (TZZ $0.16)
-
Atrium Mortgage Investment Corporation (AI $11.47)
Q: Good morning,
I would like to invest in a Mortgage Investment Corporation (MIC)for my TFSA or RESP but do not know whether it would be preferable to invest in a publicly traded MIC such as Atrium Mortgage Investment Corp(AI), Timbercreek(TMC), TREZ (TZZ) or in a non publicly traded MIC such as Magenta, etc where the $$$ are pooled invested in different types of mortgages and where the interest collected is 100% distributed as interest to the investors after management fee? Thank you
I would like to invest in a Mortgage Investment Corporation (MIC)for my TFSA or RESP but do not know whether it would be preferable to invest in a publicly traded MIC such as Atrium Mortgage Investment Corp(AI), Timbercreek(TMC), TREZ (TZZ) or in a non publicly traded MIC such as Magenta, etc where the $$$ are pooled invested in different types of mortgages and where the interest collected is 100% distributed as interest to the investors after management fee? Thank you
Q: Can you please provide 4 or 5 names of low volatility stocks that in your opinion are profitable and priced at a bargain ?Thanx Robbie
-
AltaGas Ltd. (ALA $41.88)
-
Alaris Equity Partners Income Trust (AD.UN $20.40)
-
YIELDPLUS Income Fund (YP.UN $6.16)
Q: I need to sell some stock to cover my Riff payment in a few days and wondering which of the above I should sell or keep. AD return is - 16% . Altagas is -27%. and Yield Plus is up 6.8%. Thanks
Q: Hi5I
EIF will be reporting after market close Weds. Could you please tell us your thoughts on their results
Regards
EIF will be reporting after market close Weds. Could you please tell us your thoughts on their results
Regards
Q: Would appreciate your thoughts on recent spike in share price of these two companies in particular WTE where it is a coal play yet TEcK.b share price tanked because of the outlook of coal prices?
Thank you
Thank you
Q: With the takeover now approved at $40 cash or possibly some combination of cash and bell shares,why is MBT only trading in the $39.45 range? Am I missing something here ,or is there a strong probability of picking up 50 cents by loading up on MBT? The deal closes in roughly a month.
Thanks,
Philip
Thanks,
Philip
Q: Can you comment on the recent MOU between Chevron and Pembina?
Peter
Peter
Q: is there a reason for ALA.r to be trading below the issue price of $31?If the deal goes through,will ALA.r be trading close to $31?Already has a half position.Thanks for u usual great services & views.Happy family day.
Q: What other companies do you think have a high dividend which is comparable to Crius and is sustainable as well
Q: Good morning gentlemen,
Which of these two securities do you believe will provide the highest total return over the next few years? I am inquiring because I have some Extra cash and a 5%. Discount on A&W looks like an enticing buy .
Thx,
KR
Which of these two securities do you believe will provide the highest total return over the next few years? I am inquiring because I have some Extra cash and a 5%. Discount on A&W looks like an enticing buy .
Thx,
KR
Q: A&W issued a release regarding a private placement this morning which itself isn't out of the ordinary.
However what caught my eye was what will happen with the proceeds. They will be given to 'certain indirect shareholders' for 'their personal financial planning requirements'. So the fund is selling units to Laurentian, and all of the money is being handed out to unknown shareholders. None of the funds will be distributed to other shareholders, nor will the Fund hold the cash.
I'm no expert but this doesn't pass the smell test. Am I missing something?
However what caught my eye was what will happen with the proceeds. They will be given to 'certain indirect shareholders' for 'their personal financial planning requirements'. So the fund is selling units to Laurentian, and all of the money is being handed out to unknown shareholders. None of the funds will be distributed to other shareholders, nor will the Fund hold the cash.
I'm no expert but this doesn't pass the smell test. Am I missing something?
Q: AW.un just issued at private placement with the stock price being $39.25. Currently the stock is trading at about just less than $41.00. Should I expect the current price to decrease to be closer to the private placement price, today or over the next few days?
Q: Could you please comment on their earnings? Looks like they unwound their short position at great cost.
Q: A nice run in the stock the last 2 days. Comments please.
Q: Hi Peter & Co.,
Fabrice Taylor made an interesting comment on ALA on today's Market Call show. He said his analysis of ALA's cash flow statement suggests that the dividend is being funded through borrowing and equity raises, and not cash flow from operations. This is the first time I've heard a comment like this about ALA's dividend and its implications for the sustainability of the dividend. What's your take on this?
Many thanks,
Brian
Fabrice Taylor made an interesting comment on ALA on today's Market Call show. He said his analysis of ALA's cash flow statement suggests that the dividend is being funded through borrowing and equity raises, and not cash flow from operations. This is the first time I've heard a comment like this about ALA's dividend and its implications for the sustainability of the dividend. What's your take on this?
Many thanks,
Brian
Q: Do you have an opinion?