Q: Preferred Shares
Why do some companies use "Series" and "Letters" thereby making the nomenclature very confusing?
Thanks
Why do some companies use "Series" and "Letters" thereby making the nomenclature very confusing?
Thanks
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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: Hello Peter and Co,
In my opinion, stock prices have gone up in the last few years because economic prospects were improving; by bringing more liquidity in the system, quantitative easing has greatly contributed to the rise in stock values.
QE will fade away soon (in the fall? early next year? don't know for sure; when that happens,it would stand to reason that stock values would correct. How does one prepare for such an eventuality? I could raise some cash, say 20-30%. For your info:
my long term objective was to get a growth rate of 7% pa; however, my portfolio has gone up by 14.6% pa in the last 3½ years whereas the benchmark has gone up by only 5.4% pa in that same period.
I value your opinion.
Thanks
Tony
In my opinion, stock prices have gone up in the last few years because economic prospects were improving; by bringing more liquidity in the system, quantitative easing has greatly contributed to the rise in stock values.
QE will fade away soon (in the fall? early next year? don't know for sure; when that happens,it would stand to reason that stock values would correct. How does one prepare for such an eventuality? I could raise some cash, say 20-30%. For your info:
my long term objective was to get a growth rate of 7% pa; however, my portfolio has gone up by 14.6% pa in the last 3½ years whereas the benchmark has gone up by only 5.4% pa in that same period.
I value your opinion.
Thanks
Tony
Q: The following is what I discovered when searching for TSX rules for odd lots. It seems in general there is no discount or premium for less than board lots, but in practice, it's probably pretty easy for a M.M. to get around; the powers can't even agree on how to spell the word(s)!
Policy 4-604 Responsibilities of Market Makers
(3) Maintenance of a Two-Sided Market
3. Odd-lot Responsibilities—General—Market Makers shall maintain an odd lot market at the board lot quotation for immediately tradeable incoming oddlots. Booked oddlots which become tradeable due to a boardlot quote change will execute at their original limit price.
Special Circumstances—.......... If a Market Maker wishes to call an odd-lot market at a different price than the board lot market, the prior consent of a Market Surveillance Official must be obtained.
In view of the above would I have a case for a fill on a mixed lot open limit order where my board lot was filled and the odd lot part unfilled? This happened to me on CM. Thanks, J.
Policy 4-604 Responsibilities of Market Makers
(3) Maintenance of a Two-Sided Market
3. Odd-lot Responsibilities—General—Market Makers shall maintain an odd lot market at the board lot quotation for immediately tradeable incoming oddlots. Booked oddlots which become tradeable due to a boardlot quote change will execute at their original limit price.
Special Circumstances—.......... If a Market Maker wishes to call an odd-lot market at a different price than the board lot market, the prior consent of a Market Surveillance Official must be obtained.
In view of the above would I have a case for a fill on a mixed lot open limit order where my board lot was filled and the odd lot part unfilled? This happened to me on CM. Thanks, J.
Q: Hi :
Just a follow up note on the AX.UN offering .
I was only issued 500 shares , and not the 1000 shares I had requested . The morning after the offering the price plummeted below the offering price , and was still lower on Friday afternoon. In retrospect, I would have been better off ignoring the offering and buying at Market . New Issues can be frustrating . Thanks
Just a follow up note on the AX.UN offering .
I was only issued 500 shares , and not the 1000 shares I had requested . The morning after the offering the price plummeted below the offering price , and was still lower on Friday afternoon. In retrospect, I would have been better off ignoring the offering and buying at Market . New Issues can be frustrating . Thanks
Q: Hello Peter and Team,
Can you advise as to the most effective means to identify a company`s debt, expressed as dollars as opposed to D/E ratio. Just got stung on JE and was not tuned in to the debt scenario as the fundamentals ( value in PE/PR ) all seemed solid on the BMO Investor site. However, in hind sight, the D/E was posted at -5.7+ and the Div yield is 10%+.... caveat emptor I guess, but I would appreciate a suggestion to a more informative resource to truly identify excessive debt. Please be gentle .....
Thanks as always!
Can you advise as to the most effective means to identify a company`s debt, expressed as dollars as opposed to D/E ratio. Just got stung on JE and was not tuned in to the debt scenario as the fundamentals ( value in PE/PR ) all seemed solid on the BMO Investor site. However, in hind sight, the D/E was posted at -5.7+ and the Div yield is 10%+.... caveat emptor I guess, but I would appreciate a suggestion to a more informative resource to truly identify excessive debt. Please be gentle .....
Thanks as always!
Q: On 5/13,Thomas stated that AX.un's offering did not sell out in the usual 10 mins.Please provide site for this type of information. TXs a lot. Peter
Q: Hi Team : a general question on takeovers using PFE as an example. Is it fair to assume the buyer's stock price will weaken while the buyout rises? Assuming the buyer (PFE) has to raise equity/debt and the price of the target keeps rising,PFE share price will likely stagnate/fall during this process?
Q: Peter; re " Market Proxies" - this is the kind of research you would need a Bloomberg connection for - as members we get the connection all rolled into one membership. Thanks.Rod
Q: REITS
Hi There
Leaving aside sector type and geography, which are the three or four most important financial parameters in assessing a REIT for sustained income and a little growth and what would be the limiting min or max values?
Thanks as always.
Hi There
Leaving aside sector type and geography, which are the three or four most important financial parameters in assessing a REIT for sustained income and a little growth and what would be the limiting min or max values?
Thanks as always.
Q: The ‘don’t buy’ category of ‘C’
Just reading your new LIQ report,and noticed this remark. I hadn't realized there might be verbal interpretations of the high school grades. Is there a section somewhere on what the letter grades might infer?
Or, obviously we should just read the whole report each time to understand the nuances of each situation.
Thanks,
Marilyn
Just reading your new LIQ report,and noticed this remark. I hadn't realized there might be verbal interpretations of the high school grades. Is there a section somewhere on what the letter grades might infer?
Or, obviously we should just read the whole report each time to understand the nuances of each situation.
Thanks,
Marilyn
Q: I had a real nice shock to wake up to this morning, HYG opened up down 22% and BAD opened up down 6.5% the initial cost on BAD was $40. HYG had a public offering of $15 why would they do this when the stock was at $21.40 the day before? this is not the first time this has happened to me, approx. a year ago COM did something similar and so did BTO gold, is this the norm? if you buy a stock you run the risk of things like this happening I have had an online account for about 10 years and have lost a lot more money than I have ever made but since you opened up this great service I have decided to stay with the account because I have somebody that will give me valuable information going forward. Thanks, Dennis
Q: Would you short POT going into the summer months?
Q: My family and I recently sold a piece of property and we have 200,000 that we would like to invest in a portfolio. I was thinking of purchasing 20 different companies over the next 6 months or so to be diversified.
In an ideal portfolio what type of weighting would you allocate for each sector? Is 20 companies enough to be diversified but also manageable? Also, would it be a good idea to have a mix of small cap (growth), big cap and dividend focused stocks? This portfolio would be used for our savings and I hope to have it for years to come.
Thanks
Greg
In an ideal portfolio what type of weighting would you allocate for each sector? Is 20 companies enough to be diversified but also manageable? Also, would it be a good idea to have a mix of small cap (growth), big cap and dividend focused stocks? This portfolio would be used for our savings and I hope to have it for years to come.
Thanks
Greg
Q: We are hearing bull and bear arguments,with the majority to the bears side.The market is topping, the market is fully valued and the market is overdue for a correction.Some are saying a major correction and that it may be wise to go to cash and wait it out.Peter, I would be very interested in a recap of how you handled the 2008 crisis.I know you teach to hold if fundamentals are still in place.Your experience in the crisis and how you handled your investments for clients would be nice to hear.
Q: Morning of 5/14,TOU announced increased bought deal private placement of 1mil flow through shares @ $68.15 In addition officers,directors & employees of TOU will buy 150k shs @ the same price.Funds for eligible exploration expenses.These qualifying expenditure will be renounced to subscribers for 2014 tax yr. The price of TOU closed down 0.60 to $54.60 today.Please explain.Very much appreciated for your usual great services & opinion.
Q: Hello Peter and team.
Would it be possible in each questions regarding a specific stock, to also post the price at the time of your comments? In this way when looking back over a number of posts for that particular stock, a quick history of the price would show and save some "lookup" time. Hope you feel this would be a positive addition to the site. I think many would find this small change a benefit. I know I would. Cheers.
Would it be possible in each questions regarding a specific stock, to also post the price at the time of your comments? In this way when looking back over a number of posts for that particular stock, a quick history of the price would show and save some "lookup" time. Hope you feel this would be a positive addition to the site. I think many would find this small change a benefit. I know I would. Cheers.
Q: Hi Peter & 5i Team,
I have noticed that for several general questions and advice as well as for several stock picks in one Question, your Answer appears without any Symbol name (for obvious reasons). However, would you please consider marking such Q&A with a general symbol name for eg. MISC (for miscellaneous) or AAAA or ABCD etc. This way your subscribers could easily filter/search these gems of information in the past using this "symbol" in the "Search by Symbol" area.
Thanks for your great service!
Francis
I have noticed that for several general questions and advice as well as for several stock picks in one Question, your Answer appears without any Symbol name (for obvious reasons). However, would you please consider marking such Q&A with a general symbol name for eg. MISC (for miscellaneous) or AAAA or ABCD etc. This way your subscribers could easily filter/search these gems of information in the past using this "symbol" in the "Search by Symbol" area.
Thanks for your great service!
Francis
Q: That is a great essay on, "WHAT TO DO WITH A TEN BAGGER".
You mentioned to ignore the old price.
That got me thinking on dividend yield on the historical acquisition cost of a stock. I've liked it for decades. But I have been reading on line that one should not consider that. Only look at the current yield.If it [current yield] goes down enough, that might be an indication to consider selling; the stock might be over valued. Likewise, if the yield goes up too much, that too might be a reason for a sale as the stock price has fallen too far.
What do you thing about 'it's the current yield, not the historical one, that counts'.
Thanks.
Paul
You mentioned to ignore the old price.
That got me thinking on dividend yield on the historical acquisition cost of a stock. I've liked it for decades. But I have been reading on line that one should not consider that. Only look at the current yield.If it [current yield] goes down enough, that might be an indication to consider selling; the stock might be over valued. Likewise, if the yield goes up too much, that too might be a reason for a sale as the stock price has fallen too far.
What do you thing about 'it's the current yield, not the historical one, that counts'.
Thanks.
Paul
Q: Much has been written recently about "growth" stocks being out of favour.
1. What is in favour? Any suggested stocks?
2. What will it take for growth stocks - like ESL, AVO ... to be in favour again.
3. Is there any reliable historical data to indicate how long each of these cycles takes?
Thanks again.
1. What is in favour? Any suggested stocks?
2. What will it take for growth stocks - like ESL, AVO ... to be in favour again.
3. Is there any reliable historical data to indicate how long each of these cycles takes?
Thanks again.
Q: It would be very helpful if your report card also included the peg ratio to give a better idea of how cheap it is relative to growth. Thanks for your excellent service