skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Interested in your comments on Westshore Terminals (WTE). Seems the projected tonnage is lower because of a drop in thermal coal shipments (one source). They will be compensated for the eliminated shipments. Consequently they reduced the dividend from $1.32 to $1.00 in order to keep the debt at a minimal. Seems like something a well run company would do. Now the market is punishing it. Down 18%. Maybe there’s more curtailment expected?
Read Answer Asked by Dean on October 29, 2015
Q: Hello Peter & Co.
I hold Westshore Terminals WTE since April 2010 and have doubled my capital since then + another 25% in distributions. I keep holding it because it has an unbelievable, hard to replace, infrastructure asset. Besides, I feel it is going to be very hard to add another terminal like that on the West Coast.
Your opinion is most valued
Tony
Read Answer Asked by Antoine on May 21, 2014
Q: I have owned WTE for a number of year and have more than a double. The experts have said it's overvalued for about 2 years but it has kept going up. It has recently dropped about 15%. Has there been some bad news or are the experts finally right. Unless there's a disaster I would plan to keep on holding for its stability of earnings and solid dividend with dividend grow in the future.
Read Answer Asked by Bruce on March 21, 2014
Q: Westshore Terminals, WTE, annouced a few months ago that they capped their dividend to complete some capital projects over the next few years. I am good with this being a shareholder ensuring the future and hopefully future dividend increases. No one expected much growth in the share but here it is up $8-9.00/ share since this announcement. This has grown into about a 7$ weighting in my portfolio.

Any idea what has driven this rise in share price and should I take a little off the table to get back to 5% weighting?

Thanks in advance and thanks to you, your staff and other members for information and answering questions.?
Read Answer Asked by James on March 05, 2014
Q: Hi Peter,

I have read some questions about "Middlfield offers to exchange ARTIS shares for shares in the MINT INCOME FUND". This reminds me of an investment "mistake" I did 7 or 8 years ago, here is the story: I had shares of Westshore Terminals (WTE), their value were of about $6.50, one morning I received a call from my broker (I do not have a broker anymore) who explained to me that I could exchange my WTE for a Sentry Select fund commission free! I have accepted the offer. As of today, the value of WTE is of almost $29.00, with a yield of 4.3%. I now understand why they wanted so much my WTE shares.

Since I have started to educate myself about investment and finance through Canadian Money Saver magazine and other sources, those kind of mistakes do not happen anymore.

Thank you,

Gervais
Read Answer Asked by Gervais on July 14, 2013
Q: I read yesterday that Wesport Terminals (WTE) has applied for a license to export oil (brought in by rail). It was only one line. Do you know anything more---chances of getting permission, chances of successful operation etc. If one were to take a new position in WTE, would it be better to do it now or wait for a better entry from their next quarter reduced earnings due to the damage repair from the accident with the ship hitting part of it?
Read Answer Asked by Bryon on December 15, 2012
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!