Investment Q&A

Q: Peter; With Harper closing the barn door on oil sand takeovers do you see companies with diversified assets, including oil sands, ( I.e.PWT), spinning out their oil sands to make them still either an acquirer or being available for local takeovers/mergers ? Thanks.

Rod

Q: What is your opinion on pbn at this price level?

Q: Any comment on the recent moves of arn with bpn's involement?

Q: Hi Peter and Team:
How do you see the problem of land locked Western Canadian oil being solved or eased ? How much time will it take and how will the price for this oil be say in a year or so as compared to WT oil prices.
Where do you see North American Production in 5 Years in light of the new technologies.
thanks
Yossi

Q: http://us.rd.yahoo.com/finance/external/reuters/SIG=12hs3vndm/*http://www.reuters.com/article/2012/12/13/canada-oilprice-idUSL1E8ND98S20121213?type=companyNews&feedType=RSS&feedName=companyNews&rpc=43
The increase in US oil supply, coupled with the decrease in demand and pipelines issues, paints a sorry picture for the oil sands. Both big and small Canadian producers will likely suffer in the short and medium term, until some meaningful new outlet takes place. Additional Canadian production in the coming year will further exacerbate the problem. Yet, all this is likely to be resolved with time. Some producers with upgraders, like COS,
might be better off, but most, whether it be CNQ, SU or IMO, will be affected. The months ahead might not be rosy. Would you simply advise staying the course, or transitioning for regular accounts or RRSP accounts into other traditional stocks ?

Q: Merry Christmas Peter to you and the team at 5i and continuing success in 2013. LNV? Longview is on a relentless trip south and its latest status report is middling at best. Is the slide overdone through tax loss selling or has this outfit disappointed to the point the stock should be dumped?

Q: I purchased ECA two weeks ago and the share price has gone down 5% since my purchase. Now with the Petrochina deal in the works, how do you think it will affect the price (short term and long term)? ECA is 10% of my portfolio and I also hold CNQ and TOU, also each 10%. I am wondering if I should be bailing on ECA or if there is some confidence in this stock? Thank you for your suggestions and advice and Seasons Greetings to you and the Team!

Q: Hello, Twin Butte TBE, had been declining the past few days, do you have any insight? Thank you.

Q: Thanks in advance guys.Your advice often saves me from myself.Simba[SMB] is an exploration company with large blocks of land in Africa.Your comments would be appreciated.
Dave

Q: Hello: Do you have an opinion on MEG Energy? Wondering what you thought of a switch from SU to MEG. Seems MEG was hit rather badly after announcing new stock issue. Also, their capex budget seems to be going against the flow of other majors. Your views would be appreciated. Carol

Q: Hello and thankyou. Would you buy BEP at the current price or would you expect a pullback over the next few months?

Q: Hi Peter,
What are your thoughts on Renegade Petroleum? Also, should one buy into Canadian Phoenix Resources or straight into Renegade as I do not really understand the deal between the two. Who would be the better buy if any. Tickers are RPL and CXP.
Thanks.

Q: Canacol Energy[cne] on the TSX has had a bit of a run of late & yet it has a reverse split coming up.It seems to have large blocks of land & links with big companies. Your opinions on this company would be appreciated.Thanks for all your help.
Dave

Q: Peter - what's happening with Mart Resources?
I own it.
You own it (FP current contest)
It just keeps sliding down every day
Avything wrong? Thank you.

Q: Peter,

I am really perplexed with PSN. With one bad qurater, do you think their business model has completely failed. Is it because there were no barriers to entry in this area and others have jumped in and took it from under their nose. What about their present customers? The market seems to be discounting this as something which is not even going to be a 10 PE stock. Based on your earlier advice in a couple of the responses, you recommended holding the stock and not selling as there might be a year end rally after the tax loss selling is over. If the average price is around $4 is there still risk it might go to less than $3 or even more. Any help will be appreciated. Thanks

Q: Peter; Between CVE and CNQ which would you buy at these levels?Thanks.

Rod

Q: With the announcement that CNOOC was being allowed to acquire Nexen, I would have expected the Nexen shares to move to CNOOC’s offer price of $27.50, but as of Monday afternoon, the shares high is $26.67. Why are the shares not trading at $27.50? That is the price I hope to sell at. Thanks … Cal

Q: Hi Peter, i bought some Athabasca Oil corp(ATH) at $10.77. Do you think new takeover rules will have negative impact on stock? Should i hold on to it or take loss and sell it?
Thanks

Q: Peter,

Do you think it is worthwhile to play the new STO takeover speculation?

Q: Peter; After the big OK on the SOE buys do you see a negative impact on the senior oil sands companies and smaller ones like PXX? Thanks.

Rod