Investment Q&A

Q: Could you please comment on People's earnings release and whether their revenues and earning are in line with your expectations.
Thank you
Mark

Q: I read with interest a recent answer that split the 5iR balance portfolio into 3 ‘buckets”. My wife has a RRSP and a regular account….and both of these “buckets” hold 5iR income portfolio positions...and will be adding to it. From risk and diversification reasons, I would be interested in your take on what a two way split of the 5iR income portfolio would be…….Thanks…….Tom

Q: i could not find this on the questions section so i will ask you. Could you provide me with the companies in the balanced portfolio as to the sector you put them in i.e. bns financial etc...i tend to think that you rate some of the companies diffrent than RBC does....thankyou

Q: Hi folks,bought into rrx/t last week at 9.60,watched it run to over $10 but today watched it break below $9. I know oil has been volatile but is everything still ok with company that you know of??, stock has sold off more % than others in the sector, thanks as always, jb

Q: Now that PLI has received orphan drug designation for PBI-4050, what is the liklihood the stock will rise to $4.75 as predicted? If it does reach that level, is that a take-off point to much higher levels?
Elmer

Q: Hi Peter and staff
Given your logic for dropping AdW (low yield) what makes Loblaw worthy of staying in the Income Portfolio?

I have owned it for over a year with no growth in share price to go with the low dividend .

Thanks for all you do
Dennis

Q: I currently own both EFN and ECN and my broker would like me to sell EFN and buy more ECN as he think there is more growth potential in ECN? Would you agree with this move?

Thanks
Dolores

Q: Hi Peter! SIS said in their statement "There are over a thousand resellers of accessibility products in North America." Their purpose behind this statement was to iterate that there are many opportunities for acquisitions that could improve synergies, but I'm more concerned about how they maintain a competitive advantage. Do they depend too much on R&D? If not, what makes them stand out from the rest and what are the barriers to entry? Is there any brand loyalty among its customers? Do you see them being bought out in the future (i.e. like United Technologies that own OTIS elevators)? Thanks!

Q: I currently own DRT and wonder if it would be better to sell DRT and invest in SHOP or another tech company as my total weight in this sector is only 4% and does appears to have better growth. I currently own ENGH and KXS both at 2% weight.

Thanks

Q: I hold EFN and recently bought more ECN. John O'Connell was on BNN Jan. 19 and expressed a very negative opinion of both based on self serving management. Could I please have your comments on ECN. Buy hold or sell?

Q: Could I get your thoughts on PUR, it has been declining recently and was wondering if there are any catalysts for growth this year.

Q: Hi Peter and Staff:
More of a comment than anything else . First a thank you - I would not have hung in for such a large gain if you had not been comfortable enough to leave it in your portfolio.
I do wish that other than situations like Concordia where you decide you cannot stay in due to a bad situation that you would not drop good companies unless you added your replacement at the same time - I follow your strategy of not sitting in cash - When you toss a stock from your portfolio without a replacement despite comments you make that there is nothing wrong , I think you leave us scratching our heads as to why you feel it is so important to drop it to sit in cash . For one thing you may add a stock that we already own so we would not have sold ADW or you may add one we are not 100 percent sold on and would only sell 1/2 of Adw and buy the replacement for a 1/2 entry .
Thanks for all you do
Dennis

Q: Good morning,
If I sell ADW.A (which I am tempted to do) as I am trying to follow the Income Portfolio as well as the Bal. Eq. Portfolio I will need about a 5% ($35000) position in another equity to replenish the Consumer Staples sector. Currently hold ATD.B, DOL, L, and PBH. Thanks as always for your insightful responses.
Ted

Q: Do you have month to month return stats since the inception of the Balanced (and all?) portfolio?
Thanks!

Q: Thanks for your Shopify reply. As a follow-up, no business relationship is secure forever but I was surprised you mentioned the risk with their Amazon relationship/partnership. Would they not have a contract for an extended period to justify Shopify's investment in time and resources at the expense of other opportunities and who else would be a potential partner that would be in a position to replace Shopify?
Thank you.

Q: Hello Peter, I know you like all three of these companies. My RRSP and TFSA are already well-diversified. On top of that, I'm now trying to build a non-registered account for long-term holdings (mostly solid, 'steady Eddy's' such as ATD, ENB, T, FTS). I'd like to add 2 full positions to the account. Which two of CSU, WSP and CGX would you suggest adding at this point for long-term gains, factoring in a 'sleep at night' element. (No concern over dividend rates.) Thanks for the continually excellent service! James

Q: I want to buy ENB for my TFSA but want to confirm there will not be any dividend with holding tax going on because of USA business. Can you please clarify, Thankyou JC

Q: Shopify is flying even before your top pick recommendation yesterday as it was $55 a month ago and just hit $68. It's on a trajectory that may imply a financing is coming soon. What do you think and how would you compare it's potential to Kinaxis' at today's prices?
Thank you.

Q: Signed up tonight after watching BNN. I have reviewed your website and have a question in how to translate this into a successful strategy.

I've gone over your portfolio's and have decided Growth is the profile I will follow.
My TSFA is nearly maxed out and currently all CASH.

Your Dec 31st Growth Model Update shows approx 25 companies with different allocations. Half of these show an NR (Which I assume is New Rating - Initiation)

Would you advise investing primarily in the NR's as a place to start this portfolio and over the coming years sell and buy as suggested? Or would you advise in investing in only those stocks with a grade higher than B+?

Thank you.

Q: Good Day. I purchased Andrew Peller @ 3.77. To date I have made 198% (3 years) and it is currently paying 4.50% on my original investment. I read a blog concerning investors that tend to sell their winners as opposed to their losers, which seemed to indicate that this is a bad strategy. As such I have kept this stock up & down and that theory as proven to be correct in my case. I understand that in an Income portfolio the current 1.40% divined doesn't really cut it. That said, I look at the Capital gain implication, the history and the potential future upside given the government approval for wine sales in major grocery stores coupled with the weak Canadian dollar that makes imported wine more expensive and exported Peller less expensive and I can't bring myself to sell. Perhaps I am too enamored with this stock. The old adage that says "don't fall in love with a stock". PS My wife, who is from Grimsby Ontario, suggested I buy this stock. If I sold I would have to put up with her nagging. (LOL) I would appreciate your thoughts on this situation and keep in mind that I am in no way questioning your decision. Regards.