Investment Q&A

Q: If PRE is at such a high risk because of high debt, why would ALFA (& consortium)not wait for default to buy the company? If PRE is at such high default risk, why would O'Hara try to scuttle the $6.50/share buy out for a "worthless" company? Why did PRE not make a good faith effort to seek further buy out bidders? Presumably ALFA values PRE as an entity that will provide future profits, so why does the consortium not offer existing shareholders a stake in the ALFA consortium as part of the take over? I understand there is a "market", but the convolution around this affair is perplexing for someone without experience in such high stakes deals. I know these are tough questions, that someone who remembers Shakespeare, might venture to vaguely answer themselves [incorrectly(?)], but would you kindly share your financial expertise? Thank you...

Q: Hi Peter, I bought YGR and RMP 2 months back and now down on average 30% on those. Do you think should I sell them and deploy the capital somewhere else or should I just hang on? I can wait 3-5 years.

Also can you please suggest 3 best stocks combining both of your portfolio considering their current price on a basis of a 5 year overall return(FYI, I have a full position of your growth portfolio)? Thanks a lot.

Q: What do you think of Cenovus responding to the rumour on the street that the company is in talks to dispose of the company royalty lands? It is speculated that the Ontario Teachers Pension Fund is the likely acquirer? What do you think of the Cenovus's timing to do this transaction? Do you expect there might be a one time special dividend to shareholders or do you think they would use the funds to pay down debt and/or buy back shares?

Q: Pls comment on CFO departure.

Q: With Friday's closing price at a 14% discount to the offer from TDG should I load up and buy more?

Q: Don't know how much of the business is still in propane, but some of the articles I've read lately about propane is far less than positive.

How badly does the current price/supply relationship of propane affect the results of this company?

Q: I hold RMP based on your recommendation of it being one of the better O&G stock. However it has been going nowhere but down for quite sometime. Would you suggest I sell it and buy either TVE, SGY or TDG as SGY seems like it is gaining momentum and TVE and TDG have recently been recommended by multiple analysts. Thanks

Q: With the threat of increased royalties to the province of AB, how does this affect a royalty company like Freehold? Are they subject to provincial royalties or are the actual exploration companies that FRU lease to, the ones with responsibility?

Carl

Q: Given the uncertainty over Oil (in Alberta) and Provincial Govt (NDP, Royalty Reviews, etc) what do you think about Crescent Point Energy Corp?

It has assets outside of Alberta, has either Buy or Strong Buy recommendations from TD and RBC research. Seems to be at a low point for the price.

Q: I have a position that is under water and would like your viewpoint on the company.
Is it time to sell and reallocate else where?

Thanks

Q: Do you know what is currently happening with CEB down significantly today on no news? Thanks for your help.

Q: Hello team, this stock is up huge 2 days in a row and I am wondering why. Any inside scoop?

Q: Tamarack Valley Energy recently completed an asset acquisition and appears to have one of the better management teams. I would appreciate your comments on the both, thank you.

Q: In light of current market conditions, what would you recommend as an appropriate level of exposure to the oil and gas sector for an income portfolio?
Thank you.

Q: Hi guys,

I have just a quick question for you. My wife is trying to fix the weighting of her portfolio, currently 34% is in the energy sector, even after the terrible down turn. What do you think she should sell, hold or modify? Thanks

BTE - 1.46%
CPG - 7.02%
SPE - 3.61%
TOG - 0.48%
TOU - 3.01%
WCP - 8.06%
PPL - 10.57%
Total Energy - 34.22%

Thanks

Q: Peter, is Surges dividend now sustainable and would you be buying it . Thanks Ken

Q: Hi Peter & Team,

Can you explain what this means. I have HNL stocks that I have held for a few years?

There is a $50MM equity offering for Horizon North Logistics this morning priced at $3.75/sh. Proceeds to reduce indebtedness leading into an increased capital expenditure program of $30MM that the company announced today. Based on the price of the offering, this represents a 9% dividend yield.

Thank you for your great service.
Colette

Q: Who would you recommend as a Natural Gas holding.

Thank You
Craig

Q: Peter, do you know this company and whether the recent developments justify holding through the transaction? I'm currently up 25%.

Thank you, Stephen

Q: I currently own CVE and Husky Energy but looking at selling CVE for Suncor as I am quite a bit under with CVE and wondered if SU is a better stock or would you recommend a different stock if I were to sell CVE?
Thanks
Dolores