Investment Q&A

Q: Hi Peter,
I am nearing retirement and really value your advice on dividend growth stocks. I do have the residual of my early investments still hanging in there. I am asing about one very iteresting situation Canstar Resources (R0X)I have own for more than 10 years. A year after I bought they become embroiled along with freeport and Xstrata against in a 10 year court battle for ownership against the a wealthy local nickel tycoon (he discovered Voisey Bay). The property is a highly prospective VMS property in NFLD in the same area as the famous buchans mine(a 50 year mine). The little company is now waiting to hear if Xstrata is going to go in for 50 percent in the exploration cost. My $64 dollar question is how to play a explosive jr. I know I shouldn't be waiting for the mine to actually be developed. I don't want to be greedy and I don't want to miss a good portion of the big gain after this long wait. What are the stages to exit a jr mining stock. I would appreciate your advice and a strategic approach if possible. A geologist with 30 years experience who saw the previous core said they were the best he had seen in 30 yrs. Thank you for your assistance. Mike

Q: BEP.UN is pulling back on the Western Wind stock purchase. As I recall one of the things you liked about BEP.UN was that it was primarily a hydro based utility. Does this purchase represent a change of direction in your opinion and what do you think of BEP.UN at this time.

Q: I have a question about aya. Peter could you please let us know what you think of their earnings out yesterday? Thank you for everything you are providing for us small investors.

Q: Good morning,
Do you consider POT a buy at these price levels?
Thank you for your advice.

Q: your opinion on mourguard...mrg.un going forward

thanks

Q: Hi Peter, please advise on DeeThree (DTX). Is it a good company to invest in? Thank you.

Q: Hi. What is your opinion of Royal Gold (acquisition and management of precious metals royalties)? What price range would you consider shares to be cheap? thanks Larry

Q: For most of your reports I usually check some of the fundamental data against my sources (Stockwatch). When I looked at your recent report on BEP.UN I noticed that you show them as having a market cap of $7.6B. I saw that Stockwatch shows the market cap of $3.9B – so I inquired and they supplied me with this statement from the TSX (their source):

I have confirmed with our Listings Dept. that 132,884,483 units are issued and outstanding for BEP.UN - Brookfield Renewable Energy Partners LP. And that this balances with the company's "Form 1" for July 2012.

This is an issued and outstanding number and not fully diluted.

The number from the email below is most likely the fully-diluted number which TSX does not display on our site.

So I’m wondering what number is correct?

Please feel free to post my question and answer if you feel it would be helpful to others.

Q: Boston Pizza . On BPF.un . I have made a little money here but now I`m starting to get concerned . The pay out is 102% which the company has explained and I can except that for now . But , using borrowed money to buy back shares , up to 10% of the issued shares, puts up a red flag for me . I could see it , maybe , if the shares were vastly undervalued . But they are not . I would like to get your opinion before I hit the sell .
THANK YOU !

Q: Hi Peter, I have had LAS.A on T since it was $16. As you say, you can't get a 10 bagger without it being a 5 bagger first - yet I don't "want to fall in love with the stock". The stock is quite illiquid and has popped over the last few days - what's your take on its value here and do you think once they fully digest the Pappas purchase the stock has room to go up from here? Thanks, Rick

Q: A specific question about Mart Resources' (MMT) report: I have never heard of an oil or gas production company listing "pipeline losses," as a significant component of its production/earnings picture before, at least not apart from one-off disaster type events. Listing such losses as 18% of total production seems eye-popping. If a pipeline only gets 82% of its input to the end of the pipe, I would have thought that would be a serious issue on a couple of different levels. Is it just a veiled way of saying that they are being robbed? Thanks!

Q: (LGCY) legacy reserves LP has an over 8% dividend yield with a 65% pay out ratio, with a ROE over 30% percent. On paper it's sound good. I don't normally look at what the analysts say but in this case I did and they have it as a strong buy. It looks like they just acquire other companies. Despite all of this, I feel like it's too good to be true, can you give me some input?

Q: Hello and thanks for your opinions and information. BEP.UN has fallen somewhat in the last few days. Do you see this as a minor bump or is there something that has changed to cause this?

Q: Your thoughts on CHH please. The last quarter seemed better, yet no recovery. Really value this website, thank you.

Q: Hi Peter, TBE pays a nice dividend that exceeds their EPS; however their strong cash flow exceeds the dividend payout. Should such resource producers be judged on cash flow rather than on net earnings that are critical to judging a conventional operating company? What do you think of TBE? Thanks.

Q: read your answer on mmt, would you buy it here, it is your national post top pick for this quarter, or would you call these earnings a warning sign and sell.

Q: What are your views on MMT's recent earnings?

Q: Can I have your opinion on AIM-T?

Q: Hi Peter, I know that the outlook for uranium in the near term looks bleak, but if there is a turn around I feel the juniors will do well. I have been following Fission Energy (FIS) and Strathmore Minerals (STM) and would appreciate your opinion about both.

Q: What is your opinion about Saputo recently did a secondary IPO at 41.70?