Investment Q&A

Q: Re Roy question and others on preferred
There is today an exceptionally interesting article from Eric Parnell linking the fate of Preferred NOT on the vagaries of interest rates (negative correlation of -0.13), but more (and THIS is very interesting)from the performance of the stock market (correlation +.63) which leads him to believe that the poor performance lately of the preferred bodes badly for the stock market.
You can get it from Seeking Alpha.
As usual, publish if you think it is worth doing so.
CDJ

Q: Hi Team,
I'm considering adding to my position on Enbridge (ENB) given the current weakness. Reading previous Q&A on Enbridge suggests you favour this stock even at a higher valuation. Is there anything currently applying pressure lowering the stock price that I should be cautious about, or is this still the fallout from the interest rate issue of the last few months?
Your views are much appreciated.
Marco.

Q: Good Morning Peter

What is your opinion on DCI's latest quarter? Eventhough their numbers are up they don't appear to be as good as the first quarter. Having said that how does the payout ratio rise in the absence of issuing any new shares?

Q: Peter a question on some ETFs i'm holding one the BMO U.S. Corporate bond fund, which has been doing quite well with a nice monthly income despite dropping in value a bit during the summer, and the other the BMO monthly income ETF. Should i be thinking about exiting these in light of the expected QE reduction later in the year

Q: Hi, from what I can tell, Capital Power had good 2nd Q results, and now expects to exceed annual guidance. Yet the stock is near 52 week low. What has investors concerned, and do you see this as a good stock to buy right now?

Q: Enjoyed your guest appearance on BNN last night. Researched your web page after the show and you already saved me money with your "Selling Too Early Might Be A Mistake" article.
Question: Been watching BCE for a buy, I am getting to the point in my portfolio where I should be taking less risk, but not sold on GIC's etc. Should I be considering preferred shares over common shares?
Thanks
Roy

Q: Hi Guys,
I was wondering about your thoughts on CSE, Capstone Infrastructure, after what looked like a better quarterly earnings report?
Thanks...Harry

Q: I recently purchased liquor stores (liq). Could you please comment on the recent downturn and would it be a good time to buy more. Thanks. Shirley

Q: Why are so many bank preferrerds appearing as 52 week lows? Can you comment pls? Tx

Q: Hello and thank you for making me money. Any thoughts on DR for income which I greatly appreciate also. Cheers.

Q: Which is a better choice- VSB or XSB? Is this a good time to buy or would you recommend waiting? Thank you.

Q: Hey Peter & Team, KBL: I have held this stock since Dec 2009 and it has been a great ride and I have followed K Bro closely. Friday's report was a shock. Modest revenue growth but lower EPS and net income and negative operating cash flow. Debt has doubled to 15% of total assets as they build Edmonton plant to handle lower margin Alberta contracts recently secured. I have been waiting for another dividend increase but on these results can't see one coming any time soon. True, there are still significant contract wins, but gone are the bolt-on, high return consolidations and in with the high cost plant builds (Saskatchewan is next) to handle lower margin new long term government contracts. We are to count on higher efficiencies eventually from these plants to offset lower margin business. Is there sufficient growth to support at 23x PE multiple? I am grateful of your advice. Many thanks, Keith

Q: Since your last response to a question re Timbercreek Senior Mortgage ( MTG ) on May 29/13, it has, or is in the process of,converting from a close-end fund to a corporation. Could you comment on the implications of such a conversion for potential investors, including fees involved in owning it as a corp.
Thank-you for this and your uniquely valuable sevice - renewed my subsciption today.

Q: AltaGas (ALA)
It seems they came out with good numbers and small divined increase signaling strength. The market did not react as it did with PPL. your comments as to buying more of ALA ( My holdings are minimal.
Thanks
Yossi

Q: Hi Peter and good crew. It would appear that PPL had excellent earnings report last Friday(9th). Does this mean a slight change in the comments made in reference to the last "question" re improved growth as well as income? Stock up well this AM.Thank you, Phyl

Q: Any comments on EIF? I recently purchased this because things looked very solid but am down 6% already. Also noticed heavy insider selling at the $26 dollar level. Any concerns?
Thanks

Q: PETER,
CALIAN TECHNOLOGIES (CTY-T) has been on a decline for a while, is everything OK with this stock?

Q: MSI, you seem to like this one even though it has a very high PE, high payout ration-150%-so, paying more than it makes. What am I missing with this one as it has been on my radar for a while?

Q: can you offer an opinion on rnw transalta renewables valution &capital apankspreciation thanks

Q: I have held Direct Cash for several years, like the monthly payment I receive from them. However with the declining share price is it time to sell.

I am an income required investor, diversified with 23 companies which includes 4 speculative companies. If you suggest selling DCI would you have any suggestions to replace the DCI holding?

Thank you and I am very happy with my 5i investment which I rate an A