Investment Q&A

Q: Hi,

I wanted your opinion on the following stocks that tanked for me
TCK.B down 59%
TOU down 39%
CXI down 28% (in TFSA)

They were all 2% holdings in my portfolio....but not any more. Is it time to sell, hold or double down? For TCK & TOU I could sell for capital loss and buy them back in January if you think there is value with those stocks? My time line is at least 5 years, if not 10 - 15 years.

Thanks

Q: Are you aware of any company specific problems with Theratechnologies or has it just been caught in the general health care malaise? Either way, would you expect much improvement before year end?

Thank you

Q: Can you give a possible list of 10-15 companies ranked in order from top to bottom that would be worth buying during the short selling season (Now till mid Dec). Obviously ones that have been beaten up unfairly and/or too cheap to ingnore that may nicely pop up in value in the new year?

Thanks, Shane

Q: Could I have update on your view on TOS. I've noticed some insider buying and results have just come out. Thanks

Q: Seems like a good quarter recently, does the stock get the credit it deserves, Would you sell on the recent run .Also is it safe to hold Reits with the Feds looking to increase interest rates. Than again if Canada doesn't raise rates how would it effect there borrowing .

Q: I'm looking for Canadian blue chip stocks on the order of BAM.A and WN that in themselves are like mini-etfs. Are there many others like those? I know there are companies such as EIF that acquire diverse businesses, but I'm looking more for the blue chip category. I've owned CSU for quite a while, which I consider the kind of blue chip I'm interested in, since it it solid and serves every sector in many countries. Thank you.

Q: Overall, I have a faily well balanced portfolio based on your Balanced Equity model. However, my TFSA is now a bit of a disaster and, after Amaya's (AYA) results today, is firmly in the red. Not a place I like to be. In addition to AYA, I also own Concordia (CXR), Currency Excahnge (CXI), Macdonald Dettwiller (MDA), and Boyd. Thank goodness I own Boyd since I have large losses in the other positions.

What to do? I need to get back into my comfort zone. I have a 2-3 year horizon so unless these companies are set to recover in that time frame, I am prepared to move on.

I'd appreciate your comments and recommendations. Michael

Q: I am taking my lumps with LIQ, DCI, CVE and CPG. (Down $24K) Collectively they represent 10% of my RRSP account which has 26 holdings. All dividend payers. I rely on this account as my backup and withdraw every year to maintain my life style.

My question is: Do I ride it out or do I sell them. What should I keep and what should I dump. Your input would be greatly appreciated. Thanks in advance.

John

Q: A 19 per cent yield in a zinc refiner? Still TD issued an enthusiastic report today with a $4.50 target price, 96 (!) % upside. The report goes into all the possible scenarios in the negotiations between NIF and Glencore. Payout ratio for 2015 is estimated at 44 per cent. Your opinion, please.

Q: Peter & Team. Would you take a 40%+ profit on NFI following the jump today on news of the acquisition of MCI? I must say this looks like a stunning deal for NFI. In its own back yard (Winnipeg), MCI is complementary, immediately accretive and at 6X EBITDA, cheap - and a nice dividend increase too!!. But the low ROI in NFI has also been less attractive on what I regards as the Tesla of the commuter bus industry. Would you sell on this good news?

Q: Hi
I hold AFN, mainly for income, but I'm down 35% on it.
I have a 1.4% position.
What metrics do you consider when you look at a company like this one?

I also own POT (down 30%) and AGU (flat).
Those have a 2% weighting each.

Am I too exposed to this sector? Would you trim or remove anything?

Thanks

Q: With all the market craziness out there and the huge share price drops on missed earnings, regardless if the stock is cheap or not, I was thinking of using some of my CDV (Com Dev) proceeds to buy a name like Andrew Peller (ADW.A). Low beta, 5% - 10% growing eps, decent and growing dividend, reasonable valuation, sounds pretty good to me. Are there any red flags in the story that I am not aware of (regulatory issues, unfavourable debt?).

What are the potential holes in Andrew Peller that can hinder share price growth?

Lastly, any news on when ADW.A will announce earnings? The best I can come up with is before November 30

Thanks again.

John

Q: The retro fit bonanza is not going to happen after all according to this am. earnings release. Please comment on this as well as the earnings.

Thank you

Q: Hello 5i
My portfolio is imbalanced and i have been thinking
about bringing it back into balance. The imbalance is due
at least partly because i wanted to go heavy on comsumer
products, as i don't have much in fixed income. I know, of
course, that consumer staples are not a substitute for
fixed income. But, i thought they would bring some
stability.
The breakdown is as follows:
consumer staples 25%
financials 16%
Industiral 14%
energy 5%
telecom 6%
materials 11%
information tech 11%
Utilities 7%
health 3% (Note: I am moving out of healthcare stocks for an eft)
intrntl etfs 6%

I am thinking about bringing this back into line
and also getting some more fixed income.

The real problem with this is that I will have some fairly large
capital gains to pay. A nice problem to have, I suppose. But, I
was wondering whether since many of these stocks are in what
are generally considered very safe sectors, s, it is worth taking the tax hit
to rebalance? I realise, of course,
to rebalance? I realise, of course,
that it is difficult to comment since
you don't know the individual case. But, i would none
the less, appreciate any suggestions.
thanks for the great service, cl

Q: I read your article on the US covered call strategy and I new that there were etf's using that strategy. In looking at the various etf's I was disappointed in the performance over the 3-4 years they have existed. Is this the typical result?
Thanks

Q: would you hold comdev into the close march 31 or thereabouts, is it worth it for maybe 50 more cents and that 50 cents would come in shares of exact earth 5.25 for my comdev shares and the rest in exact shares and regulatory risk etc etc yes or no. dave

Q: I'm looking for percentage allocation by sector with,of course, a bias on the best growth opportunities. Could yoy provide this?
Thanks

Q: i would appreciate your comments on CRP's recently announced quarterly results.

Thanks!

Q: Which of the Brookfield spinoffs (Infrastructure, Renewable Energy, or Property) would you feel would provide the best growth over the very long term, buy-and-forget-it portfolio (10+ years)? Would property be the least attractive because of where we are in the interest rate cycle and fears of some kind of property bubble in major canadian cities? Thanks.

Q: It seems the value being given to Exact Earth in the proposed spin-out is roughly $125 million. Does this value seem reasonable given current market sentiment towards small cap growth stocks? CDV at $6 seems to implie a much lower valuation for Exact Earth. Would you expect the price to rise as we approach closing in first quarter 2016?