Investment Q&A

Q: What % range would you consider acceptable ( min to max ) for financial stocks for a middle aged dividend investor with 7 years to work and a goal of building up a portfolio that will pay dividend income upon retirement. I invest in all sectors with ETFs, individual stocks and a small number of mutual funds ( Chow etc ). My portfolio includes small mid cap and large cap, both in Canada and worldwide. I find even non industry specific ETFs are on average 20% in financial stocks. Tough to keep under 20% when you start buying PWF, BMO, BNS, SLF etc.

Many thanks

Paul

Q: Atd.b has not had strong technicals lately, coupled with what I would call heavy inside selling, in excess of 29m. Could I please have your further thoughts
Thanks

Q: Keith Richards at Value Trend Wealth Management who appeared on BNN Market Call Tonight is of the view that S&P500 could see a 20% plus correction this summer. His reasoning was primarily based on Technical Analysis. He also mentioned that at present, retail investors (dumb money) are twice as much bullish as sophisticated investors like pension fund managers (smart money). What are your thoughts on this prediction for an imminent market correction?

Q: I am a shareholder fo this one. Fro the past few months it has inched up hitting new highs almost every week. How do you intepret this kind of trading? Is it possible evidence of quiet accumulation by a fund or institution? No reported inside buying except for some smallish trades as recently as this week. I can see it being taken private by the Pollard family or bought out.

Q: Hi Gang Do not paint all Prefs with the same brush I hold 18% in the above prefs and classify them as fixed income .My fear is when they are called is my tax liability .I hope they are not called and have not traded below issue price for a long time I even sold some for$28 a few years back .But I agree with most of your assessment on pertpetual prefs in this interest rate envoiment.
Regards Stan

Q: TD seems to be having a problem again with its site. (streaming quotes etc.)

Q: what is the difference between the A and B shares. One seems to trade and the A shares hardly at all? Thanks as always

Q: hi gang any thoughts on this co PJC-A.TO I am looking to buy as a long term 2-3 years . thanks.

Q: I would appreciate your suggestions regarding my asset allocation. I am 74 and have an income portfolio that is 55% fixed income including preferred shares and 45% Canadian equity. The equity component is as follows: 15% financials, 18% reits, 17% utilities, 7% telecoms, 19% manufacturing/industrials, 17% technology, 2% healthcare, 5% consumer discretionary and 0% energy/materials. What changes to this mix would you recommend. Thank you, Barrie

Q: When buying a company is it better to buy in only one account or purchase the stock in several accounts? I currently own SGY but in both the RRSP(2) and TFSA(2) account. Going forward with buying some stocks recommended from your portfolios just wondering if it is just better to purchase the amount up to 5-10% in one account?

Thanks
Dolores

Q: What are your thoughts on Potash and do you think it will continue to raise it dividends in the future? What would be a good entry price?

Q: I have been watching BLD for the past couple monthes. It looks they are having a lot of progress recently with the Buss order from China, Fuel cell tram demonstration, and especially had signed contract with Ardica for the development of portable military fuel cell batteries. Do you know any more details about these activities or contracts and what do you think about this stock now (current price vs upside potential)?

Thanks,

Adam

Q: Nike, Under Armour and Performance sports have all performed amazingly well over the past 3 to 5 years. Nike (only) pays a small dividend. Is it reasonable to expect these companies to continue this growth and is the current growth coming from the new Asia/African markets?

Q: Thoughts on Amaya's spin out Innova Gaming? From recent prospectus on sedar, issue price $4.50 - $5.00, approximately 15.3 million shares total - valueing company around $73 million. 2014 revenue $23.2 million, $5 million EBITDA (up 21.6% y/y). What are your thoughts on proposed price, business prospects, management? Many thanks.

Q: Here is how the Globe Portfolio analyzer breaks down my wife's LIF. Is this a good balance or should the %'s be more equal? Are there important missing sectors that should be covered. The energy sector is lower than it was due to the fall in that sector.
Financials 32.87%
Information Technology 17.65%
Industrials 16.10%
Health Care 10.26%
Consumer Discretionary 8.33%
Energy 7.70%
Materials 5.31%
Telecommunication 1.79%

Q: Hi Team,
just looked up the value of the warrants at $0.35. Since the stock is highly speculative, as are the warrants, wouldn't it make sense to buy warrants instead of the stock? Expiry of warrants is in thee years which can be shortened if certain conditions are met based on incremental stock price.

Q: ComDev announced a share buyback plan for one-year starting in March 2015. I am a novice invstor just getting started with this company. What are possible implications of this buyback plan for my position?

Q: Peter: I would like to replace Peyto with a similar quality dividend paying stock in a different sector with strong growth potential. I am overweight in energy and underweight in everything else. Thanx Robbie

Q: Great service! Just a thought, I know your Coverage Summary is crowded, but it would be good to see where the company falls within your Portfolios. In other words, create a heading called Portfolio and in the company's corresponding cell, put the Portfolio name in which it resides.

Q: Hi Mr. Hodson and Team:
We keep hearing about the end of the Commodity Supercycle and China slowing down, and we keep sweating.
Maybe we ought to trim our Canadian Resource exposure.

We hold the following (post recent sell-offs):
Can. Energy Producers: 10.7%.
(Cpg 3%. Arx 3.1%. Vet 2.4%. Bte 0.6%. Eca 0.9%. Bnp 0.3%. Su 0.2%. Cnq 0.2%.)
Can. Energy storage/ Pipeline: 4.5%.
You said these are Hybrids, so would count as 2% of Energy.
Makes my Total Can. Energy = 11.7%.

Materials: 7.2%.
(Tck 1.8% + Can. Agri/Lumber 5.4% )

Can. Gold: 3.4%.
G 1.5% + CGL 1.1% + ELD 0.4% + K 0.4%.

Makes- Total Can. Resource exposure: 22.3%.
(Above Energy 11.7% + Materials 7.2% + Gold 3.4%).
Too much in a volatile, cyclical and perhaps SunSet (post-China), Sector?

Perhaps, we should trim Total Resource down to 12%?
Keeping Energy 4% + Materials/Agri/Lumber etc 8%?
What is your opinion of this trimming/ allocation/ %age?

What Percentage would you suggest? Please comment. Thanks so much. sarah.