Q: Good morning. Could you please provide your updated thoughts on Counsel CXS? I appreciate that the stock gained substantially in 2013, but it's down about 30% from its $3.00 high last October. I'm happy to continue to hold it if you think it might recover. Otherwise, take my loss and move on. Thanks.
I would like to know your choice between Canacord CF and Fiera FSZ for a three years hold. I am looking for capital gain and growth.
Thank you again for your your excellent service.
Q: AHF I have owned this company for a while, bought at around $1.40 and watched it drop to almost $1.00.
Should I continue to hold it and expect that it will regain it's former price or should I sell, absorb the loss and move on.
David
Q: Can you help to evaluate the quarterly numbers for EFH.
Revenue seems higher but net income quite a bit lower.
Just trying to understand the meaning of the underwriting loss for the past quarter and if this should be considered as significant negative result.
Q: I'm just short of a triple for the stocks Interpipeline & Pembina Pipeline so they are each way over 20% of my portfolio.Because of my purchase price ,both give great dividends but I'm asking should I trim a bit & which bank should I buy as a replacement or would you rather another area?
Thanks in advance for your great advice.
Dave
Q: I have three “Financials” (TD) TD Bank , (BNS) Bank of Nova Scotia and (HCG) Home Capital. Would it make sense to increase diversification buy replacing one of the banks with SLF (Sun Life Financial)?. If yes, which bank to keep? What is an appropriate waiting for the “financial” component of a portfolio? Thank you.
Q: Hello Peter and team,
My portfolio's Financials sector (9% weight) comprises BNS, EFN, TD and ZUB; I was thinking of adding HCG (another mortgage lender?) or DH or PWF.
Please advise
Tony
Q: Hi Peter;
Which of the canadian banks has the highest basel 3 capital levels currently. Could we assume that the bank with the highest current capital level will be able to offer higher dividend growth going forward versus the banks that must still raise further capital to comply?
Many thanks for your insight.
Q: Re Aston Hill Financial (AHF)
I would suppose all the internal disention at the firm might have something to do with the poor performance of the stock lately, NO?
Q: Could you please tell me why Ahf,aston hill is dropping so much.
There must be some kind of reason for a drop of 20% in a couple of days.
Yesterday there was an unusual high volume as well.
I
Q: What are your thoughts regarding Equity Financial's (EQI's) news release today? The news that mortgage portfolio growth will be "nominal"/flat in 2014 is quite negative, is it not? Is it your view that the negative impact of this news will be offset by Smoothwater buying up the shares?
Q: Good morning, Peter. Just renewed for 2 years at advantageous price. Wish all decisions were this easy. Power Fin has finally reached positive traction for me after several years under water receiving dividends only. Given your liking for SLF, would you swap PWF for that, stay as is or move proceeds to a bank or telecom? Portfolio is reasonably well-balanced.
Thank you and kind regards,
Geoff
Q: I am (still) overweight in financials...BNS 10.3%, TD 13.2%, PWF 2.3% and SWF 3.7%. I sold out our position in BMO and bought G & AEM for a total position of 3% in Precious Metals. I am thinking of selling PWF and adding to either Precious Metals or Energy sector (PEY, SGY & VET) for an 11% weighting. Does this make sense to you? 5i seems to be generally positive on PWF... Canadian Banks seem to be well managed, protected from competition and well capitalized so the question becomes why sell anyways. The PWF is inside the RSP so there is no capital gains tax to pay.
We are near retirement age but our dividend income seems to be exceeding our expenses without considering CPP and my wife's small pension.
Thank you.