Investment Q&A

Q: Dear Peter and team:
Even though the tech sector has also corrected, it appears its gains haven't been completely wiped out.
What ETF would you recommend for one to take a position in NASDAQ. Keep in mind that the CAD is so weak! Do you see NASDAQ losing even more or holding steady in the next year or two. This is for my RRSPs. Time horizon 3 to 5 years.
If you don't recommend any ETFs, can you suggest some tech stocks?
Thanks .

Q: What do you think about this company in the US as a long term investment? Is it priced high relatively? I noticed it in the fintech rankings. Thanks. Regards, Shyam

Q: I was wondering about IT now that they have a poison pill in place to protect them from a takeover. would they do this because their shares are cheap or has some other company been sniffing around. thanks.

Q: Hi 5I,

I recently sold ET for a tax loss and am considering buying it back. Is it still a good quality company worth repurchasing? Would it be better to wait until maybe November - closer to tax loss selling time? or should I just re-buy it now?

Thanks!

Q: Semiconductor companies represent about 5% of 'folio.
For some reason, the logic of which escapes even me, I am not worried about other semis I have , all of which are down. But Micron has me puzzled. Micron's continuing and rapid descent looks similar to an object trying futilely to escape the powerful gravity of a black hole.

I look at MU's financials and my lying eyes see only a beautifully valued company. I lie to myself and pretend that I do not fall in love with my stocks , but I do. I have thus hung on to Micron. And now I rationalize (illogically) that it is ridiculously cheap,so why sell now? Am I wrong ? Do you see much more downside? (I refer herein to Micron , not more downside on my reasoning or logic).
Do you advise sell?

Q: I purchased shares of ABT at $9.88. Recently received a Corporate Action Notice for a Voluntary Dutch Purchase Offer of the following:
Option 1: "Auction Tender" whereby I would specify the price I want;
Option 2: "Purchase Price Tender" whereby I accept the price determined by the Company.
-OR-
Do Nothing.
Suggestion? Will these shares see $9.88 or better in future?
And, please explain the taxability of these options. Thanx

Q: WANTED Tech. TSXV: WAN got take out offer today at $1.79 by NYSE listed CEB Inc. Do you think its a fair price? Should I hold the stock to see if another higher offer comes?

Q: Hi Peter and team,

I have a question about Pivot. Can you briefy explain me the company and is it a good time to purchase shares. Currently, Ralph Garcea of Cantor Fitzgerald Canada has a $1.25 target price. Ralph mention Pivot can raise their dividend, buy back shares and increase their margins. Can you kindly share your thoughts. Thanks.

Q: Would you please give your short and long term view of the prospects of this company given the news today of a small revenue shortfall expected for the current quarter?

Thanks

Q: Your expert comment on ET's results & conference call today.What will be the impact on its share price going forward?.Appreciate your usual great views & services

Q: Hi Peter and Gang,

Would you please comment on Mitel's recent price drops. I am down by about 25%, should I hang on to my Mitel holdings or bite the bullet -- sell it at a loss and move on to something else. As always, great work guys.

Regards,
H.S.

Q: Hi Peter and Team,

In my RRIF,I have 1425 shares of ABT with an average cost of $9.7042. (ABT closed today at $8.33).

In today's mail, I received an "Offer to purchase for cash, up to $50,000,000 in value of its common shares at a purchase price of not less than $7.75 and not more than $9.00 per common share". If I want to accept the tender offer, I need to inform my broker by Sept. 30.

I am confused as to what course of action I should take, or should I do nothing and hope that this share buyback will increase the value of my shares, hopefully above $9.7042? It's obvious that I bought high, and would feel better if I was able to sell at at least for what I paid. Or is ABT's range for this tender too low, and they think that the stock isn't worth any more than $9.00, and I should tender my shares for $9.00 in their "Dutch Auction"? (The other alternative offered by Absolute is to let them determine the price which could be as low as $7.75 or as high as $9.00).

Sorry for such a convoluted question, and as always, await your timely advice.

Q: Hello 5i,
I am presently underweight the tech sector. Assuming I own equal weights AVO,DSG,GIB.A CSU and MDA which one should I add to today? Or bring a new company into the portfolio?
Many thanks, Doug

Q: Dear Gentlemen,
I want to re-balance PF by adding in Tech sector, 6 %. From 12 to 18%
I hold these stocks in different PF: AVO 3%, GIB.a 1%, CSU 4.2%, DSG 2%, OTC 1.5%,
For a balanced medium aggressive PF, your suggestions, adding new stocks or increasing actual stocks?
Thank You
Best Regards

Q: After its recent price drop, which seems to have been more market related, the valuation of SIMO looks attractive (ROE=19%, no long term debt, P/E=12.8, Forward P/E = 9 and a 2.36 % dividend). Would you agree?

Q: Would appreciate your comments concerning yesterday's earning release. The market does not seem to like it.
Thanks!

Q: Can you give me your opinion on Pivot and their QR? Are they expensive? Is the outlook positive with the initiation of the dividend?

Q: Hi Peter and the team, ABT is showing strength today as it's up a bit over 9%. Is this due to the deal signed between Absolute and AMD (the chip maker)? I'm not complaining, as ABT has been quite a laggard lately. What are your thoughts and/or recommendations going forward? Thanks in advance as always for the timely and valuable advice.

Q: Would like your opinion on tio.
Thanks

Q: Knowing that you don't follow U.S. stocks can you give your view on this stock as to whether it's a buy . It's down quite a bit in this market and has been recommended many times on BNN. Thank you