Q: How do you feel about this company in the present gas environment? My position here is small and was bought at .27 cents. Is it a takeover candidate?
Q: I have owned IPL, PPL & KEY for many years & as a result have built up substantial capital gains & continue to receive very healthy monthly dividends. My question &/or query is whether to continue with these very staple equities or sell all or part to better deploy funds in other sectors. I do not NOW hold any direct oil or gas investments; having sold all in early 2015 as I firmly believe the oversupply of oil & gas will only continue to grow throughout the world until we have replaced it with alternate technologies. Your comments are always appreciated. Thank you.
Q: I originally bought ERF when the energy sector was flying and there was a good dividend. I didn't move quick enough to sell it when the market dipped and I still have about 1.41% weighting in ERF. The dividend is too low to hold for that alone and I have been waiting for a bounce that makes it look attractive again, but I feel I should move on.
Other energy exposure is SPB 4.57%, WCP 1.31%, FRU 0.7%, SU 0.54%, BEP.UN 4.88%,
I would like to retain some energy exposure and like the idea of income while waiting for growth. Assuming that I am putting these stocks in the correct sector, is this about the right exposure to energy at this time?
What would you recommend as an alternative to ERF, or should I just keep it?
Q: I am so far under water on BDI that I am tasting mud, and a little bit underwater on PD. I am thinking about taking the loss on BDI and dumping whatever pennies I get back into PD as a means to tidy up my portfolio. (I also own small positions in VET, WCP, and SGY - all under water as well.) Does this seem like a reasonable approach for someone with a reasonably long time horizon and a belief that the world is going to need oil for quite a few years yet - even if only as a feedstock for other processes?
Thanks - and congrats on the new baby. Exciting times in at least one 5i household!
Q: Hi can I get your opinion on Bengal energy I have a small position I bought in at 19 cents now at 14 cents they are supposed to get some good news end of march thanks
With energy down today and having WCP, SGY, QST down significantly and CJ, RRX around 30%, each one of those 1% or less now, would you go full position on them? Would you recommend any others better suited for recovery?
Ithaca has come out with the information circular for shareholders to tender their shares for $1.95. The circular puts the company potential down in its ability to grow. If it is so bad why are they trying to buy it lol!!!!! They must be taking lessons from Donald Trump's White House with 'False News'. I was disgusted with what I read. I believe the company has higher value potential and people invest to take risk to get reward and they say they want to protect us from the risk. It is more like they want to rob us of the reward!!!!!! I thought it was going to be a vote but from what I understand from the circular is you vote yes by tendering your shares for $1.95 and vote no by doing nothing. Is my interpretation correct?
What is your opinion of the takeover based on the circular and what is your opinion of the circular?
Q: what are the reason(s) for the sharp drop since Mar 9 besides the recent drop in the price of oil.Time to add on to my 1%?Appreciate u usual great services & views.
Q: QEC has fallen below the .79 cent of the last offer . What is your opinion on what is going on. Does it look like they will be able to drill in Quebec? Is it a hold sell or buy in your opinion?
Q: What was the fundamental reason(s) for Gibson Energy's slow decline to ~ 1/3 its value from sep 2014 to Jan 2016 and are those reasons still true today? It still pays a fairly hefty dividend of ~7% but is it safe and by that I mean is there a danger of the stock taking another relentless dive down?
I am currently underwater on BDI can you comment on the recent news below and whether I should continue to hold. If you prefer to wait until 4th quarter results tonight please do so.
Thank you
Black Diamond Group Files Preliminary Short-Form Prospectus for $29M Bought Deal Financing; Cancels Conference Call
13 Mar 2017 09:14 ET
09:14 AM EDT, 03/13/2017 (MT Newswires) -- Black Diamond Group (BDI.TO), a provider of modular work space solutions and workforce accommodations, has filed a preliminary short-form prospectus in relation to the bought deal financing of 7.7 million common shares for gross proceeds of $29 million. The deal is expected to close on or about Mar. 17.
As a result of the financing, the company has cancelled its Q4 2016 results conference call, which was scheduled to take place on Mar. 14 at 11:00 a.m. ET. Black Diamond is scheduled to release its fourth quarter results after markets close on Mar. 13, 2017.
Q: Can you comment on the effect the Trans Canada pipeline deal with have on Painted Pony? Some comments I have heard is that it will be very significant. Will Birchcliff also benefit?