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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Your rating on this stock puzzles'me at a b+ the stock is range bound and illiquid when one gets in very difficult and expensive .RPI.un is rated at a C+ and has much the same problems with liquidity but much more growth and just increased its dividend .I hold both these stocks but the latter is a far better performer with a whole letter grade lower by your system
Your rating metrics confuse me .
Regards Stan
Read Answer Asked by Stan on March 22, 2016
Q: what is your feeling on the price of the commodity right now as well as is Goldcorp going to offer a below average or above return in relation to the other stocks with in the group
Read Answer Asked by Gary on March 22, 2016
Q: I realize this is likely a good company but is it worth keeping when other companys at todays prices have potentially more upside
Read Answer Asked by Gary on March 22, 2016
Q: Good Morning Peter, Ryan, and Team,

Any idea why trading in BDI is halted this morning ?? Volume was very high on Friday before the the market closed. Maybe M & A activity ?? Any insights you could provide would be greatly appreciated. Thank you. DL
Read Answer Asked by Dennis on March 21, 2016
Q: I'm ready to buy into a Canadian Bank. It seems like the stock prices in the last two years have fallen to the point where buying it makes sense to lock in some juicy dividends.

But while I've been waiting around, there is this nagging feeling that the Canadian Banks have some bad loans on the books. I know there is a lot of talk about their Oil and Gas loan book and potential defaults. In the last 4 quarters it seems there hasn't been any sign of it yet (so far) that's significant on their top or bottom lines. But my concern is that while their commercial loans aren't significant, their domestic mortgages are significant.

In the event that more job losses are coming and the majority of Canadians might feel this loss in work, are there not contagion affects to residential real estate that then affects the mortgage loan book of Canadian Banks including Scotiabank? If that does happen, how will Scotiabank's business be affected by a prolonged housing market downturn?
Read Answer Asked by Eugene on March 20, 2016
Q: Followup to recent Q. on BEP.UN. Distributions can be taken in US or C$, default is US, so if held in a C$ account broker will convert at their exchange rate. To receive in C$ you must instruct broker you want this option, I estimate it's worth at least 1% of the distributions received, not much, but better in my pocket than broker's.

Details at bottom of page here:

https://www.brookfieldrenewable.com/content/investor_relations/distributions-30413.html
Read Answer Asked by Jeff on March 18, 2016
Q: A follow up from my question yesterday about ADW.A.
It is down another 6% this AM. Something was be going on.

Craig
Read Answer Asked by Craig on March 18, 2016
Q: Disappointed with the market initial reaction(It was $51.51 early yesterday) 2 notes: Today TD Bank increased its target price to $57 from $51 & rated a BUY.On 2/25 V Hirsch,who closely follows SJ for many years,interviewed management 1/2 weeks prior to 2/25.Management advised that it was starting to get major orders to replace poles,which is @ the end of its life.Apparently CNR is expediating replacement of railway ties.Hirsch rated it as a BUY for 2/3 years
Read Answer Asked by Peter on March 18, 2016
Q: Can you comment on the p/e, ev/ebitda for Amaya? How does this compare to competitors? And how does this compare to the future growth in earnings? I'm trying to ignore the recent theatrics and just look at it from pure valuation in terms of it's growth. Don't own it yet. Thanks.
Read Answer Asked by Michael on March 18, 2016
Q: P Shoiry(ceo to v.chairman) on BNN,3/16 stated that 20% of its revenue is from Canada,& the co.has done well the last 10 years & its price is determined by the market.No wonder it has missed estimates in EPS 9 out of 14 Q.since 3rd Q,2012 as per Thomson/Reuters.Hopefully,new Ceo will do a better job in this aspect. Will the Federal expected infrastrutal spending have a material effect on WSP? Always appreciate your usual great services & views
Read Answer Asked by Peter on March 18, 2016
Q: ACQ announced results at market close yesterday Same store results were ugly:
Same store revenue decreased by 5.9% in 2015, compared to 2014. Same store gross profit decreased by 11.7% in 2015, compared to 2014.

Free cash flow decreased to $38.7 million in 2015 or $1.57 per share as compared to $63.7 million or $2.70 per share in 2014.

Adjusted free cash flow decreased to $38.8 million in 2015 or $1.59 per share as compared to $62.1 million or $2.67 per share in 2014.

Same store new vehicle retail revenue decreased by 14.2%, or $119.7 million, to $722.0 million in 2015 from $841.7 million in 2014.

Same store used vehicle retail revenue increased by 10.4%, or $27.5 million, to $292.3 million in 2015 from $264.8 million in 2014.

On a more Same store parts, service and collision repair revenue increased by 2.8%, or $4.9 million, to $177.3 million in 2015 from $172.4 million in 2014.

Pre market bid/ask looks weak. Is this a buying opportunity? or a time to run. or hold tight?
Read Answer Asked by Douglas on March 18, 2016
Q: See that Cervus has rolled back their dividend based on poorer year over year results due to lower western canadian demand. Any thoughts on their YE and worth holding here for a recovery in the western canadian market, or should I dump it and move on?
Read Answer Asked by John on March 17, 2016