Q: I am 45 percent underwater on cannacord with a 3 percent weighing. Would you average down? It appears to have hit bottom but am weary of catching a falling knife.
Q: I am considering selling my 2% position in WSP Global Inc and increasing my 2% position in BYD.UN to 4%.
I am looking for a minimum 15% ROE and I am disappointed with the performance of WSP and BYD has returned over 50% for me. I wonder if I am selling WSP too quickly.
Do you think BYD will have better returns than WSP over the next 3 years?
Q: I understand that one of WSP recent purchases The Focus Group is involved mostly in Oil and Gas contracts.What percent of total revenue comes from Focus and do you think it will have a serious effect on the bottom line? Thanks again for your fantastic service and great help.Jim
Q: There is an interesting and cautionary article on Auto Canada by David Milstead (writer for the Globe & Mail) regarding the current structure of the company. The article was in the G&M on Jan 26/15, and may be of interest to members that either own shares of AutoCan or are looking to buy shares.
It can be found by googling "Why I am still cautious on AutoCanada" by David Milstead.
I'm currently reviewing some 5i reports to inform new purchases.
In your recent report on MDA you mention Russia as one of three significant customers for MDA. In light of the current meltdown of the Russian economy, how may this effect MDA? Not to mention expected belt tightening of the Cdn federal budget.
Q: SYZ has been taking quite the beating lately. Any reason why? Has anything fundamentally changed with the company? I currently hold it (bought at $9.75), but am debating selling it and buying DSG instead. What are your thoughts on this?
Q: A major rating agency shows ENB as overbought. Should that prevent me from taking a position in this stock considering its strength and track record? I've made some of my best gains in stocks over their 52 week high.
You guys are the best. Keep up the good work!
RDM Corp. (TSX: RC) is trading at new highs this year on no news which begs the question could this Company be a take out target this year given 100% of its business is in the USA. What do you think RDM is worth on take out given the company holds about US $23M in cash and is debt free too?
Q: Is this deal now final or is there still risk of failing. Also with BCE share price at 58.57 is the total consideration going to be more than 26.5. Would you recommend buying for short term gain till the thing is final
I am scratching and pounding my head on which stocks to buy next. Here is my dilemma, I know I should buy stocks to diversify my portfolio. However, when there is blood on the streets(oil sector) it is time to buy. Need you to give me a clearer path on which stocks to buy to complement my portfolio. Here is what I have so far:
ETF; VSB 15%, VTI 15%, VEU 12% and VCE 10% which will be sold once I am a handful of stocks away from completing the model growth portfolio.
Stocks; Raging from 2% to 5%.
SJ, NUS, CXI, AYA, BNS, STN, ESL, HCG, GUD, SGY and 12% cash.
Dorel was recently recommended as a pick of the year in another service I subscribe to (sorry). Do you have any new thoughts on this company since the last report? I'd particularly appreciate a comment on currency exposure.
Q: I need a transportation stock. I currently only own TRN.US Trinity in that space. I seem to be torn between Trimac and Transforce. They both have high debt but Transforce
Seems a lot more expensive. I prefer to go with the one that has the most potential at their current prices. I realize that Transforce is safer with its size. I respect your opinion, thank you.
I am looking for a small cap company for investment. Can you give me your thoughts on either IMRIS INC, PARKIT (PKT) OR CORETEX BUSINESS SOLUTION. Is either one a good long term investment ?
If not, can you give me a one or two samll cap idea for long term investment.
Q: I currently have around $30,000.00 to invest. I am selling my losing stocks and taking the proceeds to buy into the equity model portfolio. I do already own some or similar stocks that you have listed. The ones that I do not own or have no sector weight in are CSU,DSG,FM,FSV,MDA AND SYZ. With this amount of cash which stocks mentioned here would be the best to buy. I do hope to buy all as more money come available. I do currently own some Stanec and Enghouse but both are at low weight
Thanks and I must say as other do that this is a great service and site and have enjoyed being a Canadian Money Saver subscriber for many years.