Investment Q&A

Q: What are your thoughts on the debentures that Constellation issued last year and the new debentures that will be issued this year?

Q: Do you prefer pza.un or aw.un. Thank you. Don.

Q: I find this company very frustrating. The stock price fell 20% the week after I purchased it in Jan/14. It then rose to $90.00. Now it has erased all those gains and I find myself underwater by almost 30%. I have this stock as "Consumer Discretionary" but it seem too tied to the energy sector. It represents only 2% of my portfolio and I think oil has a very good chance of taking a step down from here. I am thinking of replacing it with another consumer stock such as ATD.B. Would this make sense or do have another suggestion.

Q: Can I have your opinion on NPI as an income investment for a long term hold. It seems well recommended by the pundits of Business News Network and BMO Invest but it also has -.82 income per share. Is this a major concern?

Q: I hold First Service Corp (FSV) in a registered account and it has grown to a full (5%) position in my total portfolio. I anticipate reducing my holding post company split. The stock price continues to march higher. At this time do you think it is under valued,fully valued or overvalued based on the anticipated results of the successor companies over the next 12 months? Which of the two successor companies do you prefer, Colliers or the (new) First Service Corp going forward and why?
Thanks, Tim.

Q: I have been holding BIP.UN and not BEP.UN. What are the differences between the two? Which is the better one?

Q: I have been moving towards replicating, as much as possible, your Balanced Equity Model. I am with Scotia iTrade who now have a performance tracking system. In February, my return was 5.48% (March is not yet available). Your portfolio, on the other hand, returned 7%.
I do not yet hold AYA, CSU, DSG nor SYZ. But I do hold SLW and IPL plus some Low Volatility ETFs for international diversity. All holdings have a initial purchase balance of 5% or less.
Do you have any suggestions as to which I might sell and which I might buy with the proceeds?

Q: I think you have mentioned in the past that for a retired conservative income investor, it would be appropriate to hold roughly 15-20% of foreign equities.

My first question is regarding 15-20% of what...the total portfolio of equities and fixed income or of only the equity portion?

My 2nd question is regarding each company and where they are domiciled. For example, BNS has 44% foreign income (based on their annual report). Do you count BNS as 0% foreign or 44%? WSP has 79% foreign. Do you count it as 0% or 79% foreign?

I have done it both ways. Using only where the stock is based (ex: BNS = 0% foreign), I get 14% foreign content. Breaking each company down by the income percent by geographic, I get 22%. Both of these #'s are a % of my total portfolio.

However, if you take the percentage of foreign content divided by only the equities (ignore fixed income), I get 35% foreign.

Back to my question...15-20% foreign content = based on what?

Thanks for your help.
Steve

Q: Hi,
I just noticed that Amaya had sold Cryptologic and Chartwell
prior to selling Cadillac Jack and I am beginning to wonder
if AMAYA may be getting a little bit “ hollow” and may not have much
powder left (other than goodwill and cash) if gambling
restrictions are relaxed in the US.
Do you have any insight as to what strategic assets AMAYA
may still hold to capitilize further should gambling restrictions be relaxed
(if this a duplicate question please ignore one or the other. I felt that
My first attempt may not have been accepted )

Thanks

Q: Ag Growth International in the last month has dropped from $57.72 to $50.80. Does this look like a good entry point for this stock?

Q: With the unfortunate passing of the ceo any implications for the company? As he was so well respected do you think the company would be a takeover target.

Q: Hi Peter DH sold out both the debentures and stock in the first minute of trading I had my expression of interest in an hour after the close and got none.That is good news .BPH.UN and RNW have not traded over the offer price all week and are still open .A re these deals going to collapse?
Kind Regards Stan

Q: Would you please provide commentary on the effect of the recent sale of assets on the strength of the balance sheet and the viability of the remaining business going forward.

What would be your risk assessment of the Conv. Debentures?

Thanks, Hugh

Q: I reviewed your comments with interest as well as some dudilgence which show heavy insider selling.
Represents 3.5% of my RRSP and have some decent profits.
I have seriously considering selling a portion, what are your thoughts
Thanks

Q: Re adjusting my portfolio and startec is of some concern. Is this a hold for the next 3 / 6 months or should I move on to another stock? Any suggestions?

Q: Good Day fine team. Thank you for your new Growth PF. Happily I already own 5 of the equities. My question - I only own (due to the large drop in energy) a total of 5.4% within my 4 PFs. Black Diamond has dropped from last May or Apr from $34.31 to $12.79 for me. I also own WCP, BAD, and RRX. BDI loss translates into almost $2000.00. I have sold SGY and FRC already. Any thoughts on BDI? I'm hoping to hold on as all the research through 5i is complimentary to BDI. I am still having a blast with the world of investing... thanks to you.

Q: I have 1/2 a position in Stantec at $31 - now that its nearing its 52 week low, would you add to this or buy WSP? Thanks!

Q: As a guest on BNN, Patrick Horan has been given the opportunity to discuss his short position on Enbridge for a number of months now.

It occurs to me to ask: Is this merely Mr. Horan being permitted to 'talk his book' regardless of any perceived conflict, or is there a genuine concern with Enbridge's valuation and its financial structure as Mr. Horan suggests. Thanks.

Q: Your thoughts on the deal dhx made with The Orchard.

Thank you

Q: Hi 5i,

How come the removal of SLF from the income portfolio? I had though it was there as insurance (haha) against rising rates. I hold it in a couple of accounts. Should I continue to hold?

Thanks in advance!

BTW, I will be renewing soon. Just trying to figure out if I want 2 years or the one year with the MS subscription. :)