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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: When the Tervita takeover was announced, analysts' estimates of the value offered to Newalta shareholders ranged from $1.55 to $2.50, with an average around $1.65 to $1.70. Since Tervita is currently private these might be quite inaccurate, but they are all investors have to go on until the detailed offer is published. The offer was such a welcome lifeline to Newalta that I expected it would bounce up a bit (it did) and then crawl steadily towards the $1.50 mark (it hasn't). I can't imagine Newalta shareholders will reject the offer, nor that the presumably many fewer Tervita shareholders will defeat the acquisition, so are Newalta shares temporarily worth buying for sale just before the close?
Read Answer Asked by Fraser on March 19, 2018
Q: Reading the answers given to inquiries on ENB, would it not be prudent to counsel some patience until fact gathering step can be performed before attempting to respond? As more information comes available, it is becoming clear that the impact may not be that significant and that it may trigger a number of regulatory rate reviews that could diminish the impact of the announcement yesterday. It is also clear that only gas and not oil pipelines are at this time impacted. Seems to me that some value should be attached to the quality of management to cope with regulatory pronouncements in such instances. The quest by members for immediate opinions may not assist in making wise investment decisions.
Read Answer Asked by Kenneth on March 19, 2018
Q: 2 part question. 1. Listening to Nutell and Schacter on BNN and they are continually talking about the next cycle in energy and how a lot of the Cdn. Energy stocks have been beaten up and now is the time to buy these things and hold them for 3 or 4 years for significant gains. Acknowledge these guys are talking up their own books but do you agree with the thesis and if so, do you view more upside in natural gas or oil? 2. If you agree with the thesis, what do you think of the suggested companies? Also thinking on investing in a basket of 5 rather than an individual stock to lessen the risk. Do u agree? Thx
Read Answer Asked by Patrick on March 19, 2018
Q: If you had to pick one out of those two stocks for 1 to 2 year outlook, which one would you pick? I realized that ENB is more of a utility and more interest rate sensitive, but still is related to the oil industry. Both stocks have been beaten down, but wandering which one in your opinion would have more upside if oil starts moving up? Thanks for the great service.
Read Answer Asked by Jacques on March 19, 2018
Q: Hi Guys,

What do you think about Spartans earnings and prospects. There is so much commentary about how this company has a great balance sheet, and the founders have made, and sold companies for large profits, and is a must own name in the energy space. Well.. I have owned for 3-4 years and am underwater. New reports have indicated that they have pulled out of a conference next month (speculation that there are in talks with other parties now to merge, and/or be bought). Eric N, who seems extremely knowledgeable to the energy markets, thinks it is a great play, and may think news/takeout is in store. What do you guys think!
Read Answer Asked by william on March 16, 2018
Q: I have a small position in TAG in a trading account. It seems to have some earnings and no debt while not exposed to our Canadian energy market problems. However, it also seems to by unable to hit on any of its big targets.
I was wondering if you think it is time to move on or by more and wait for the next positive news cycle?
Read Answer Asked by Randy on March 16, 2018