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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: WEF. Western Forest Products is off its highs close to 30% now. The RSI suggests it is oversold.
Would you agree? And would this be a reasonable time to add to my existing position in this stock?
I am still up nicely over the last year and have been looking for an opportunity to add.

On the other hand do you think some of the "steam" is out of the forestry sector?

Thank you.
Read Answer Asked by Donald on June 06, 2014
Q: Morning Peter and All,

I am planing to establish a position of a lumber stock in my long term holding portfolio. My preferred screening result is WEF:TSX for its low valuation, good geo-location of its reserves, export to Chinese market and reasonable dividend yield. Normally, I can bear 30% price correction for a stock in my long term holding portfolio, provided my buying conditions are still kept well.

Looking for your comments? If my choice is fine, what is your suggestion about the buy prices?

Thank you.
Read Answer Asked by Eric on May 21, 2014
Q: Hi Peter. WEF has slipped below $2:30 ($2:26 today) which was a bit of a support level. Do you see it going lower or?...also the us banks are report major decreases in mortgage applications / approval. Morgan Stanley was off 60-70% from this time last year. Do you think the us housing is slipping back. WEF is not that exposed (25-30%) to the us so I am struggling with the big drop from the high of $2.72. I am thinking of buying more but am a bit cautious . your thoughts are appreciated + keep up the great work
Read Answer Asked by Terence on April 15, 2014
Q: Thank you for the excellent advise on securities. 5iR is a wonderful value investment itself.
Can you provide an outlook on the forestry industry over the next few quarters? I have been bullish especially with the decline of the Cdn dollar, the strength in the housing market and potential for an uplift in exports. I am interested in CFP, WEF,IFP.A.
Read Answer Asked by Martin on March 17, 2014
Q: A question about bought deals: WEF just sold shares at $1.98 after a very large run- up in the previous three or four months. I had no forestry stocks, but I wonder whether the broker dealer network may have pumped the stock knowing they will get a piece of the action, in which case I'm probably paying too much and should have waited until the dust settles afterward.

I say this because I've bought into some REIT under-writings last spring, near the top.

John
Read Answer Asked by John on January 14, 2014
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