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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: Re: GEG-x, Ginguro Exploration. Hi Team, would appreciate your comments on this highly speculative gold venture. Thanks Jerry
Read Answer Asked by Jerry on August 25, 2014
Q: After 3 years of mostly bad luck and bad management TH seems to be picking up steam lately, I assume based on the expected commencement of their FDA approved drug Egrifta. ( mil in cash and no debt. Any thoughts for this new name? Thanks
Read Answer Asked by george on August 25, 2014
Q: Hi I was hoping to get your thoughts on Knight Therapeutics (GUD) recent earnings report! Thanks!
Read Answer Asked by Mary on August 25, 2014
Q: Any thoughts on Hammond Manufacturing (HMM.A)? Apparently they make electrical/electronic components. The Globe suggests they are very inexpensive but tiny (18M$ market cap). Is this too small for your followers to be considering? (Do you have advice on a minimum market capitalization for inclusion in our portfolios?)
Read Answer Asked by Dave on August 25, 2014
Q: NeuLion (NLN)
Have you warmed-up a bit more to NeuLion? (since Mar 24th)
Their Q2/Results showed a 22% increase in year-over-year revenues.
Is this enough to overcome your reservations about some of the management?
Read Answer Asked by Scot on August 24, 2014
Q: Taser international ,your opinion appreciated.ebrahim
Read Answer Asked by ebrahim on August 24, 2014
Q: Gentlemen please update your thoughts on LWP.
Read Answer Asked by Richard on August 22, 2014
Q: SXP
what's your take on this company, they recently increased their div and the ratios seem to be very good
Read Answer Asked by Eric on August 22, 2014
Q: Your comments please on the latest quarter from iFabric IFA. Sales had a nice jump but not much seems to be hitting the bottom line? Thank you
Read Answer Asked by Marty on August 21, 2014
Q: 9:21 AM 8/21/2014
Hi Peter:
I must sell something to pay income taxes. I am considering the following 3 choices. All are in my TDWaterhouse cash account :

1. Olympia Financial Group Inc OLY. This is a 1.5% position, ACB $48.11 Current Capital Loss $11,353. However we received the $10/share dividend last year hugely offsetting the paper loss even though the taxable loss is still $11,353. Current Dividend Yield 7.22% Yield in Cost 6.05%. I already have a sizeable realized tax loss this year so don't particularly need to realize any more now.

2. Corus Entertainment CJR.B This is a 1% Position. ACB 24.12. Current Capital Gain $633 Current Dividend Yield 4.37%

3. Surge Energy SGY This is a 2% Position ACB $7.85 Current Capital Gain $2,915 Current Dividend Yield 7.17%

I really don't know why Olympia has been drifting down so much this year as it seems like a nice little company and regularly raises it's dividend. Are there any hidden weaknesses that I don't see? The recent quarterly results are :

Highlights from Continuing Operations for the three month period ended June 30, 2014 include the following; when compared to the three months ended June 30, 2013:
-- Total revenue, including interest earned as trustee and interest,
increased 6% to $9.24 million from $8.69 million;

-- Interest earned as trustee on monies held in trust and interest on
Olympia's own cash increased 17% to $1.41 million from $1.21 million;

-- Direct and administrative expenses (excluding depreciation and
amortization) increased 6% to $7.27 million from $6.89 million; and

-- Earnings before income tax decreased 3% to $1.67 million from $1.73
million.
Olympia advises that it will not be pursuing its prepaid card business and has requested a voluntary termination of its Mastercard issuer licence. As Olympia Trust is not federally regulated and given the fee restrictions imposed by provincial gift card legislation, it was determined that this business is not viable for Olympia at this time.

These three are all held long term [permanently] mainly for their dividends and hopefully some capital growth. I would have to sell all of Olympia or Corus, or half of Surge to pay the tax. I really don't want to sell any of these but must choose one so I would ask your advice on which is the weakest and must be sold.
Many Thanks........ Paul K
Read Answer Asked by Paul on August 21, 2014
Q: Almost a year since subscribing to 5i... appreciate the great timely research. First ever question. You gave your take on DCK earlier in the year, have their prospects improved since then? I see they came out with a Kakwa well flow test update recently. I still have a position at a lower entry, do you see much upside in Donnycreek at this point? Or are there other junior O&G names that you prefer? Keep up the great work!
Read Answer Asked by Tom on August 21, 2014
Q: I have some LHR stock from way back when it was a REIT and am sitting on a loss (which I don't need to take at this point, tax wise). It's been ticking up lately but is sparsely traded and has been more or less flat for years. Do you think that there any point holding this further?
Read Answer Asked by Martin on August 21, 2014
Q: I'm looking at taking on some growth/risk stock in the telecommunications sector, I was wondering what you think of AXX as an option. If not them, any suggestions on a stock that could fit that growth/risk mold.
Read Answer Asked by Jim on August 21, 2014