Investment Q&A

Q: About the recent sells in the growth portfolio;

My ultimate investment goal is to achieve a maximum return. Just trying to figure out the rationale for the sells; if it's for portfolio management reasons, if there are better opportunities, or would advocate holding the old ones, etc.

My portfolio basically mirrors the model growth with similar weightings. I figured there's always a good reason for a sell decision. I'm wondering what companies you're looking now in the growth (or even adding to in the existing portfolio) with the extra cash.

Q: Why the Selloff? Thanks. Austin

Q: Following up on a question you had earlier today from Dennis, where and when are portfolio changes published ?

Q: Hi Peter and Staff
This isnt really a question on a stock(s) but on approach. I was waiting like a lot of people for todays portfolio changes. There were a lot of deletions and not many additions and a build up of cash which I am not used to hearing as advice from you. Other than AYY and PMH ,a lot of deletions were not due to being upset at the stock.....If I sold what you sold, and do not believe in keeping cash,how long will it be until you uncover new gems for us to use the cash or should I just hold off selling some of your deletions/reductions until we know?
Thanks for all you do
Dennis

Q: A hold a small position in CBO. Last week in the Globe John Heinzl discussed CBO's return of capital as part of its distribution or yield. He stated that an investor holding CBO gets a fatter distribution now that will be partially offset by a capital loss such that the investor's net return will be approximately the yield-to-maturity of the bonds less the fund's expenses. I didn't realize that CBO returned capital and now I am wondering whether I should be holding this ETF or not. I hold little fixed income in my portfolio currently but receive a defined benefit pension. Would you care to comment on CBO? Is there another CDN bond ETF that you would recommend instead? Thanks for all you do!!

Q: I have done pretty well with BEP.UN but am wondering how sustainable it is at this price. With a yield of 5.96% and according to my BMO Investorline a P/E ratio of 3929. Has it just been rising on the strength of 'Renewable Energy' in its name? Thks for yr valuable insight as always.

Q: Over the last couple weeks, Kinaxis has staged a crazy rebound from a low of about $33. Is it too late to get in? I keep hearing about it's nice growth rate and am kicking myself for not initiating a position.

Q: Hi 5i
Hope your day is going well, and looking forward to a spring weekend.
Reviewed your site, and just wondering if it was April 1st that you were planning on making changes to the portfolio. Could you please confirm and many thanks for your help.

Q: Appreciate your thoughts on recent financials.
Thanks
John

Q: Is this a good entry point for Element Financial? Tx

Q: I read the PHM guidance thoroughly and, based on over 30 years of entrepreneurial experience, I came away with the feeling they are executing as they should considering the challenges they have acknowledged. When a business experiences a decline in sales, it is not always negative. Trading dollars is negative but trimming unprofitable products saves cost of sales including staff, product cost, etc. and those funds can be used to grow the more profitable side of the business. Unlike many failing business models, PHM has cash and limited debt. Usually a failing business cannot resurrect itself due to debt burden realized from declining revenues. PHM went from $40M to $32M in what will most likely be their worst quarter. Recalibrating with a more defined product line and costs under control are exactly what any business consultant would tell them to do. Now they can profit from their sales which they say will rise throughout 2016 and be in a position to add incremental acquisitions from their cash flow. Finally, the management team has the experience to see the shortfalls of the company and deal with them head on. I support their plan and remember they are heavily invested at $1.47, The senior management owns over ten percent of the company.
This stock has been the victim of rumour, the publicly suggested sale of the company and negative comments for months. They are still standing and today they turned a corner. If they can execute as they have to date, I can see this company growing significantly over the next two years. Today, someone has bought well over eight million shares from fed-up sellers. I am one of them. Do you see any eventual positive success from this viewpoint?
Thanks.

Q: Can you tell me what the short interest is in this stock.

Q: Hello Peter, Ryan and team,

Would you pls. comment on today's (March 30) release of guidance for the current quarter.
Thank you,
Silvia

Q: Could you please recommend 3 names of companies/ETFs/ that would produce monthly income, to be added to an otherwise reasonably balanced portfolio for a long term hold.
Thank you for the great service.

Q: Please comment on the results, thank you kindly!

Q: Everyone I know under 30 is basically a TV cord-cutter or a cord-never (sp?). I know that all three of the telecoms have had significant investments in the TV / cable, and I'm concerned that longer term, TV will go the way of the landline. Is this a valid concern, and should I be getting out of the telecom industry? I currently hold Telus (T) and it has done very little for me in the last 12 months.

Q: I bought AYA at ~ $6 and sold my last shares @ $32 after reading the 3 page article in the Globe & Mail about their CEO David Baazov. So thank you Peter and company for having this stock in your balanced portfolio. But the game is over, for me it ended with the Globe article. So please do the right thing and replace this dog with another winner. Time for spring cleaning.

Steve

Q: element financial has been drifting lower since oct 2015 ,recently they announced they would be dividing the co.into two separate businesses. would you have any idea when this may occur and the potential impact on the stock prices of both over the next one to two years.

Q: Thanks for your quick response. Little curious regarding what is happening here, and is there anyway you can confirm that there is nothing to be concerned regarding short selling and the auditors report.
This would be a compelling buy here, but reluctant to through good money after bad, and I just purchased a few hundred share yesterday. Little frustrating to say the least.
The talking heads on BNN are suggesting similar problems to valiant at the moment.
Again thanks for your help

Q: Hello,

I was wondering if you can list top 10 stocks that you would purchase today from each of the 3 portfolios for a 2-3 years hold and if possible the type of account to hold them.

Thank you
Marios