Investment Q&A

Q: Do you have an update on the approval process of SPB acquiring CUS? The last news on it was this will be known before Q2 of 2016. Can I assume that the decision will be handed down on or before June 30, 2016?

By the way, thank you for your blog on this merger that led me to take a position in these two companies (60% SPB, 40% CUS). This combo is currently up 24% in about 3 months time. Not bad. Since I have unusual high risk tolerance when it comes to investing, do you see the combined company (if approved) will be a viable long term hold?

My own investing philosophy is that you have to have commitment in a stock (you're either in, or out, and no sell half and wait and see). If I don't see it as a long term hold possibility I really should cash out now since I'm sitting on a good size gain for such a short time.

Your advice is much appreciated.

Q: Would this be a good time to buy EFN? Thanks
Garry

Q: Have difficulty understanding the sector alllocated for some stocks. For instance I thought NFI would definitely be Industrial but in my BMO portfolio it is classified as cons disc along with DOL - which I get. I want to increase my Industrial sector so could you go thru your three portfolios and list the stocks that would be classified in this sector? Thanks.

Q: Morning,

Just a question regarding how you determine returns for the model portfolios. Is it based on time weight return (Modified Dietz method), or is it a money weighted return (XIRR).

I'm trying to figure out how to determine my returns on my own portfolios, and have been using XIRR since the beginning, which do you use or suggest for a DIY investor?

Thanks.

Q: On Ron's question about short interest on CXRX, it is important to note the settlement date on the website is May 13. This is the same day Concordia released first quarter earnings and then the stock price has increased significantly. I suspect there was some short covering and the next update to the website for short interest will be key.

Q: Good morning ... obviously both of these stocks have had a nice run up since their recommendation by your team Peter ... I think Agnico will have a negative impact with interest rates , does this apply to SIS also ?? Should I take some profit off the table??TY.

Q: Thank you for providing the link to short interests. Correct me if I m wrong but I saw an increase of 6.9 million shares to 9.8 for Concordia. Looks like a lot of people still think it will not sustain the present share price.

Q: How does the short selling look for CXR? I understand these numbers were released today?

P.S. Where would I find this info?

Q: I was just looking at the fundamentals provided by my on-line service CIBC Investors Edge for this company: when I look at EPS last 4 Qt it shows just over $5.00; yet, on a TTM EPS basis it shows -300%+ growth, debt to equity over 3X and negative ROE. How can you make $5.00 per share and have negative ROE: especially, when they have been making money and on a cash basis generating a ton of cash? What am I missing and is this a good stock to hold for a recovery??

Q: Peter; Would DBO be a natural fit for either CGX or IMAX? Thanks.Rod

Q: I have a full position (5%)in BCE, would it make sense at this time to sell all or reduce this position and take a position in KXS?

Peter

Q: Which of these two would you pick, and could you explain why.
Thanks Peter.

Q: There seems to be no limit to the share price decline of BOS. I don't own it but have been watching. Does it now represent both good value and a growth opportunity? I know you don't like buying into negative momentum. For someone with room in their portfolio to add a couple of growth names is BOS a good place to put new money today or would you rather stick with a more positive momentum play like KXS?

Q: could you please explain how to read this information on CXR:
http://shortsqueeze.com/shortinterest/stock/CXRX.htm

I do understand the terms but what conclusions can one take from this if any? I am long on this stock.

Q: Good Morning Peter, Ryan, and Team,
Presently I have a full weighting of Parkland Fuel (PKI-TSX) in an income oriented retirement account. Most of the other equity holdings in this account mirror your 5i Income Portfolio. I have been watching Superior Plus (SPB-TSX) for awhile and it appears to have bottomed with energy prices firming a bit. SPB looks to be a cheap stock even with the recent upward move in share price. Do you think owning PKI and SPB in the same income account makes any sense ??? Also if you were to assign a grade to SPB what would it be ??? PKI is presently a "B". Thank you for your sage insights. DL

Q: With the nice rise in the stock in the last few days, begs the question "Is it sustainable? Do you still see upside from here?
Thanks for all you do.
Guy R.

Q: I sure am glad I bought back into CXR a couple days ago. I actually thought that the earnings results today were not good as the Eps was a miss.
Your thoughts are appreciated as usual.

Q: Could you please comment on VNR's earnings. On the surface they appear a little disappointing compared to previous quarters. Thanks.

Q: I've had my eye on this one for a while. Too bad I did not buy when I came upon it? I tend not to buy small companies that are valued on growth because the landscape is littered with companies that fall faster then they rise when things do not go right. This comp. seems incredibly over valued to me: TTM PE of 27, FPE of 25, 7x book value. Even with an ROE of 20 & PEG ratio over one? It's EPS is very small - so, earning on a cash basis must be a fair bit higher. I'd like to buy - maybe? I prefer dividend growers as well. How liquid is the stock which is important to me because I like to hold good size positions. I did well with BAD & ACQ which were growth stocks: 3 x my money - so, I do like a bit of growth.

Q: What is your view on the 1st quarter's results?