Investment Q&A

Q: What is your opinion of ABT at this price?
Thnx

Q: Can you compare the medical device business of the three? Please comment on the valuation as well. Thank you.

Q: Portfolio analytics says I am low in healthcare so that means pretty much US companies. I already have 3.5% in Abbot but see you referring to Medtronic as attractive quite often. Since they are both in the medical device category, does this make buying MDT to similar of a purchase to ABT? Would I be better switching to MDT or look at something else in the sector. Some capital gains if I do switch.

Thanks for the great service.

Q: What are you're thoughts on WBA's earnings. Given the recent selloff would you still hold it for the long term or sell. I do not mind volatility. If it is a sell what US stock would you replace it with for growth. Thanks Chris

Q: Hello 5i team. I have a 6% holding in the stock. Is this a good time to take in some profit by selling 1/2 position? What is your take on holding long term?

Q: Could you please give me your current take on the value of purchasing ABT at this time.

Thanks, Lesley

Q: Could I please have your view on Abbott Laboratories as an investment.

Q: I currently have small positions in ABT, CELG, and PHG. Thinking about selling the 3 and buying PFE unless you suggest otherwise. Also have a full position in GUD.
Thanks for the great service.

Q: Hi Guys I took a full postion in ABT after your appearance on BNN I am still good with it if your opinion remains the same.
However I am not opposed to dumping it if your opinion has changed as I could use the write off
Kind Regards
Stan

Q: Hello, I would like to know your opinion on Abbott Laboratories.
Thank you.

Q: Hi Peter & team: Greetings! with reference to Tamara's question regarding who will be next US president, I hold the 3 US stock with total of some 10% gain (that is all I have in US$ and it is about 4% of my portfolio) should I hold or sell? Some money managers still recommend it. SIS I have some 30% gain and it is only less than 2% of my portfolio and you still favour it, should I take some profit? Honestly taking profit is difficult as it increases my total income and I may face a clawback of OAS. Please feel free to take my credit points as I have lots of it! Thank you.

Q: What is your opinion on Abbot Labs? It has gone down steadily for the last year and I doubt whether it will do any recovering before the election - or even after whoever gets in. Yet it seems the analysts are giving it a positive rating. Thanks guys.

Q: Hi Peter and Team, The last question asked was on Dec. 24. Since the Dutch Auction, the shares have steadily declined (surprising?) and I'm beginning to lose patience, as I unfortunately bought it at a peak. Are there any compelling reasons to hang on, or would a switch to something like OTC be a better move to stay in the same space? ABT is held in my RRIF.
Thanks.

Q: The price of this stock is near a 52 week low. What is your take on this company at present, and is this a buying opportunity?

Merry Christmas and best wishes for the New Year!

Paul

Q: ABT announced a substantial issuer bid to purchase CAD$50 million in value of its common shares for cancellation. The offer is being conducted as a “modified Dutch auction” with a price range from C$7.75 to C$9.00. The offer expires on Oct 20th 2015 (extended from Oct 5th).

The stock closed today at C$7.47. Why would the stock be trading below the minimum auction price? Do you view this as an arbitrage opportunity to purchase the stock in the open market and then tender the shares for auction?

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: 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: 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: Why the continued slide? Thanks. Austin

Q: Hi Peter & Team: Does you answer to Dennis on July 20 still stand? The stock keeps going down lately. Thank you.