Q: BNN refer to where stocks are as pertaining to the moving averages. On my Globe Invest charts, I could bring up a 200 day moving average over six months, and the stock could be below it. If I extend that chart out farther (1 year, 5 years, etc.), the stock could be above it. What is the time frame of the charts that they use?
Here's a second small question: ACQ has been declining the past few days. Where do you think it will bottom out? I thought I got a good deal when it dropped off and I picked it up at 62.
Thank you,
Dennis
Q: I had not yet tendered my shares and today noticed that Transforce is extending the offer till Nov 21,2014. Do you know what price they are offering for each share and would I still be eligible for the dividend?
Q: Comparing Magna (MG) and AutoCanada (ACQ), which would you prefer? I would have thought that they would trade similarly, but MG has recovered since the recent correction, while ACQ still seems to be floundering. Would you ever rotate between the two if, for example, you owned MG? Thanks!
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Asked by G Robert on November 11, 2014
Q: EQI is presently plumming for the pits of despair. I can't see it coming back in the remainder of the year. It never was a large position (for me) and I do wish to remain positive and look forward to 2015. Could you give me your outlook on what the future might look like for this stock. I suppose this would have to include the outlook for the industry along with anything else you might think of.
Q: Hi Peter and team:
Since you've made the announcement that you are moving into A&W for the portfolio, it has run-up significantly. I want to buy it for the dividend and have been waiting for a pull-back that has yet to happen.
Is it still a good time to jump in?
Q: I am watching the sell off in this stock with some interest. I notice it is classified as a consumer cyclical. That has me scratching my head a bit. I was wondering if you had any further comment on the stock and its classification? Is it worth initiating a position at this price?
Q: Hi,
Does the fact that Home Capital Trust, a division of HCG. is applying for a bank license provide a decent catalyst for this much beloved company, or is it a bit of a yawn.
Thx
Q: I am up over 40% with BYD.UN, thank you very much, but I don't get it. The company has negative earnings and hence no P/E ratio nor ROI. Would you please enlighten me. Thank you
Q: Hi Peter, in the context of taxation, is the income on H&R Reit a dividend or interest? In your opinion, what percentage of a portfolio should be invested in Reits? Thanks, Gervais
As expected, Extendicare has sold most of its US properties for almost 1 Billion ($Cdn). Unexpectedly, the stock dropped 20% on the news. Can you please comment and provide an outlook for EXE in light of the sale?
Q: I am wondering what you think of CMI for a purchase at the current price (opening a position). 2 negatives I see are the 17% sales in Russia and increased share count (36 from 35 mil). Positives are declining CDN$, 4% div and cash @30% of stock price. Valuation appears better now than your report in February.Would you note anything else to consider?
Many thanks
Mike
Q: Hi Guys,
What's happening to this company. It has been in a steady downdraft since you recommended it in February with a B- rating. Is it time to bail?
I have room in the "speculative" part of my fixed income allocation and was considering the convertible debentures of CUS. I realize you do not like the common shares at the moment but how do you feel about the debt side?
It's a simple question with a difficult answer. Do you think CUS will have the resources to pay off the convertible debt in 2021?
I was surprised to see BNS among the "dogs" in the "Stars and Dogs" column in the Nov. 8 Globe and Mail. In it, John Heinzl wrote, referring to the 1500 job layoff, "If this is how it reacts to the good times, wait until the next recession". As a long-term investor holding only BNS in the big-bank sector, should I be concerned about Mr, Heinzl's assertion? Should I consider diversifying into one or more of the other big banks? If so, which one(s)? Your insight and advice is always highly valued.