Q: Hi Peter & Team:
Can you please explain to me what the significance of High Artic's (HWO) $25 million
Bought Deal offering of Subscription Receipts @ a price of $4.95 per receipt will be on
the price of of the common Shares? If I understand this correctly, the receipts represent the right to acquire 1 common share of HWO per receipt. The receipts will be listed on
TSE as HWO.R. I have noticed the price of the common shares have fallen since the announcement. As the holders of these receipts convert to common shares & sell them
on the market will it not act as a deterrent to the stock increasing in price.
Thanks: Jerry
Q: T:EGL.UN - EAGLE ENERGY TRUST
I have owned eagle from the IPO. They claim that they are unjustly treated like the other cross border plays (argent and parallel)who debt levels are very high and have cut their dividend)according to them they have a ratio of 1.5 which is considered reasonable. They claim that they will meet guidance and not cut the dividend. Is there any reason to question their claims and would you sell now? any comments regarding eagle would be appreciated especially with respect to the management.
thanks again .
yossi
Q: Hello Peter- Could you please rank in order of your preference, Whitecap, Tourmaline, Surge and Delphi in order of total return, using your ABC grading.
Assuming a balance portfolio, I was thinking about switching CGI Group for either Surge or Whitecap resources. Although in very different sectors, I am looking to switch into a company with more growth. CGI is cheap on a valuation basis, but doesn't seem to have current momentum.
Q: Bought BNP a few years ago for gas exposure when it was a market darling with an attractive dividend. The dividend, while still attractive, was cut and the share price has been a roller-coaster ride and I'm still down 7%. I'm considering switching and as it's in a taxable acct I can use the tax loss. Can you suggest a couple of stocks with a good and hopefully growing dividend with some capital upside. I'm retired so the dividend is important.
I'm looking to add an energy stock to my TFSA holdings (which currently include AYA, ENB, BNS, T, and STN). I've seen you recommend BAD, SGY, and TOU and have also been seeing various articles suggesting SU might be a good purchase given that it's relatively inexpensive at the moment.
Do you have a preference between any of these four?
Q: I would appreciate your comparison of Enerplus (ERF) and Whitecap (WCP). I have done well by ERF but RBC's recent downgrade on the basis of its price appreciation makes me wonder if the growth prospects for WCP might be appreciably better. There would be no tax consequences to me of making such a switch and the dividends are similar. I look forward to your reply.
Wondering if you have any updated comments on KEL and CR? What about the gas sector in general with low historical gas inventories and A/C coming soon? Do you anticipate a continued uptrend in prices?
Q: hello 5i:
waiting for a slight pullback in energy stocks, and wondering which of these 3 you would favour (at current levels): DTX, RRX, WCP, and why.
thanks as always for a tremendous service
Q: Eric Nuttall just trashed Surge Energy and Bellatrix Exp. as being 'un-investible' companies, while at the same time highlighted EnCana and Tourmaline Oil as his top picks, both of which are owned by Sprott (the company he works for)....is this good advice, or the type of conduct that caused you to create 5i? Thanks as always...