Q: Asian TV (SAT-V) is +24% today on 6X normal volume and biggest volume in 18 months. Someone must know something but there's no news I can find; anything you show? In spite of the impressive gain I see it's just back to 200 day m/a and touched a 52 week low last week. Do you still have the same opinion on this as your last comment? Thanks, J.
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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: How do you explain SYZ's terrific gains over the past 2 days? Thanks
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
Q: Could you please comment on Biosyent's (RX) earnings released this morning? They look outstanding to me but I do not know what the market is expecting. And in the "outstanding" category 51 is the best!
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
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
Q: Syz is getting to be a big part of my portfolio,but it keeps going up on light trading,it looks like you lightened up on it in model port.at some time.Any advice?
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!
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?
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.
Q: Anything new on VCM ?
Q: ABT seems to have reported good news. Do you have any comments on Absolute going forward??
Thank you
As always, thank you for the service, I have learned a great deal!!!
Thank you
As always, thank you for the service, I have learned a great deal!!!
Q: PRC - is doing a stock consolidation; 10 shares become 1; I am a share-holder and do not understand; will $1,000.00 worth of stock become worth $100.00 - that would explain the selling, but seems crazy; please advise.
Q: Hi Peter, WIN Wi-LAN has moved steadily up over the last month since it's low. Given the non sale of the company and some changes to the business model do you see stability or further volatility?
Thank you.
Thank you.
Q: you commented on YMI in May 2012. Has anything changed here other than the extremely high cost of putting the mine in production. also would much higher commodity prices attract more attention to what looks like a mine? Thanks
Q: Hi What are your feelings about nii thanks
Q: Hi Peter,
What is your opinion on COM DEV (CDV-TSE), especially after the canadian export ban to Russia ?
Thank you.
What is your opinion on COM DEV (CDV-TSE), especially after the canadian export ban to Russia ?
Thank you.
Q: what is your take on input capitals(INP) results for the quarter. dave
Q: Hi Peter and Team, regarding Macro Enterprises, MCR, can you please tell me if there is a firm date when they report next? Thanks!
Q: Would appreciate any current thoughts on Andrew Peller (ADW.A). I'm thinking of adding to my position..... Many thanks for your great service.
Joanne
Joanne
Q: Hi 5I Team
I'm fairly certain you'll need a microscope to find this one, but I thought I'd try anyway. TVI Pacific (TVI) This has been sitting in my portfolio for "at least" 15 years and has done exactly nothing. I'm still surprised that it even trades. Would appreciate your comments as to whether it's even worth the paper it's printed on. Thanks so much!
I'm fairly certain you'll need a microscope to find this one, but I thought I'd try anyway. TVI Pacific (TVI) This has been sitting in my portfolio for "at least" 15 years and has done exactly nothing. I'm still surprised that it even trades. Would appreciate your comments as to whether it's even worth the paper it's printed on. Thanks so much!