Investment Q&A

Q: Hello, Peter
These few days, tck.b went up a lot with high volume, do you know why?
Thanks
Yingzi

Q: After seeing TCK.B rise from the ashes lately I thought I'd ask your opinion on some of your favourite stocks that are severely undervalued right now. Long term hold is fine. Also, what are your thoughts on TCK.B post resurrection>? Still too much debt? Thanks.

Q: 20 % plus move in TCK the last 2 trading sessions on heavy volume. This in a crap market. Might there be something going on or just a rally because of the low share price.

Thx Blake

Q: Hi,

I know you mentioned Teck wasn't quite a buy yet back in December, but the stock has since been cut in half (again). Do you think it's a buy for the riskier part of a portfolio given it's strong near term liquidity, debt maturity profile (2017 onwards) and ability to raise cash via asset sales if it must.

The share price fall seems a bit overdone at these levels, but welcome your views.

Q: Hi:
Will there be a price that Teck becomes a buy or is it a total stay away.
Thanks: Jerry

Q: Given Alberta Premier Notley's goal to lower coal emissions and usage by 2030 what do u think of Teck's future and price?
If Green companies are going to be favored in the future do you have some names you like for long term holds?
Thanks.

Q: Could you provide your opinion on Teck Resources. I am thinking of entering in to it at 5.98 today. Will it be a good one for a 1 yr period

Q: For those holding TCK.B and waiting for a recovery in commodity prices, do you feel the outlook for continuing to hold TCK.B improved when considering the 2015 Q3 report? They seem to be making good moves with debt reduction via the new revenues from the streaming agreements, and also focusing on cost cutting. Thanks.

Q: "Moody’s slashes Teck Resources to junk status"
In your experience, is this a screaming sell signal?
Would you consider this worse than a dividend cut or elimination?
If it is a sell, what would be a good replacement in the same space?
Thank you.

Q: hi,
Could you please tell me how you feel about Teck Resources?
I'm down 47% and it represents 2.5% of my holdings (was 5%). It is the only "metals & coal" exposure I have.
I got out at $5 in 08/09n and painfully watched it get back to $60.
Do I just hold it and hope for a turnaround in the metals/coal sector?
Thanks

Q: Teck Resources seems to be hitting lows not seen since 2009 recently. The coal and base metal industries are definitely in a slump, but the products remain necessary and TCK still seems able to generate a reasonable profit. What is your opinion on buying shares of TCK.B as a long term (multi-year) hold for capital gains and the dividend? If TCK.B is not recommended do you have a better stock to recommend in the same industry group?

Q: What are your thoughts on today's announcement regarding their latest financials as well as the dividend cut. I got stopped out at $ 15.90 but wondering now if I should re-buy (even if it's a little higher). Do you see it going much below $ 16.00 in the next few months ?

Q: Hi Peter. I sold 300 shares of Teck yesterday and was planning on buying them back today but Andy Bell said this morning that the trades made during the halt would be undone. My trade was late in the day. 12:30ish in BC. How will I know if my trade is being undone and when will I know? Thanks for any info.

Q: Hi guys, what would your current opinion be for Teck resources based the reliability of the dividend for the forseable future and the potential upside related to the possibility of coal tariffs being lifted by the Chinese.

Thanks

Q: Is it time to pick up some tck.b?
I have no other commodities except 8% mid size oil/gas (wcp,cnq,etc.) Thanks Bob

Q: Tech is in free fall, but is the price drop warranted? There are three main commodities but nothing is really new: 1. Copper has been range bound, is currently on the low side, the strike at one mine hasn't effected operations, and a slow world economy is unchanged, 2. Zinc is fine, 3. Met coal is under pressure but that too is not new (management believes that excess supply is being worked off but will take some time).

Which leaves Energy, meaning the Fort Hills oil sands project. This does not start to produce until 2-3 years out and the capex remaining appears to be available. It's maybe a $3B project which is not excessive given Teck's size. The main partner is SU (safe).

On a price book it looks very cheap (below 0.5). Management believes liquidity and capital are strong. Also, it weathered 2008-09.

So why the free fall? At what price does it become a buy?

Thanks, Mike

Q: Hi,

Teck has taken a large hit recently. What is your view on buying some now for the medium term (say 2-3 years) and how safe is the dividend in the next 12 months.

Q: Hi Team
I am going to buy a little Teck for longer term hold. The last questions you had were in early October when the price was north of $20 - now it is sub $18. What price would you put on your blue ticket?
Thanks Jim

Q: Today I checked out INK insider selling/buying reports on all 40 or so stocks I hold, a very conservative diversified across all sectors mix of mostly dividend growing and paying US and canadian stocks. INK indicates almost all of my positions have net insider selling except TCK.B. which has small net insider buying. I have never done this exercise before. How useful do you find insider buying/ selling info. Is this perhaps an indication the market is frothy and perhaps we should be selling some portion of our positions and not buying? Teck as a long term hold does look pretty good right now, would you buy?
Thanks Manfred

Q: Hi Petet and team,
Teck had a big drop today, is it a buying oppurtunity or a wait and see?
Great job this year,very happy I joined 5 I.