Q: Down 16% on LIF and 12% on SLF. Would you recommend tax loss selling and - if yes - can you please suggest proxies and indicate if you would re-purchase either in 30 days. Thank you.
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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: What do you think about CAE postponing their earnings release because of Auditors. Have you heard anything more about this. I'm thinking the chances are high that this will be bad news.
Q: I am approx. 80% invested; primarily in your balanced equity fund, with a smaller mix of some of your growth equities. I am considering adding the remaining 20% cash to my investments. Or, would you recommend waiting, or spread the investments out over a cycle of time? "Catch a falling knife comes to mind." Which 6 or so equities would you adding to, considering a 3 - 5 year time horizon?
Q: Which oil service company would you buy today. Criteria: Value/best balance sheet.
Q: FYI - I recently asked one of my hedge funds who has a position in DND what their thoughts were on the possibility of losing TMG and their view on the LINK transaction proceeding. Below is their response, feel free to publish if you think it is of value to the members:
The TMG acquisition makes up roughly 8-9% of EBITDA so the overall impact is muted. On the call management was confident in their ability to close Link. However if that is not the case, then with the TMG sale and the cash earmarked for Link, DND will be cashed up which in theory leads to the ability for either massive buybacks or another attempt by management to go private. Either way, the channel checks which are backed up by churn rates, are constructive and the stock is one of if not the cheapest one we can find at the moment. (still trading at less than half the appropriate multiple in our view)
The financing for the Link deal is secured. It is an all cash offer and financing is interesting. Ares did a $109m equity offering at $53/share and also took $841m in preferred shares exchangeable at $60/share. The rest is financed with normal debt from Goldman Sachs and JP Morgan. Shareholder vote scheduled for July 19th.
Also management bought $50m in shares on Tuesday.
The TMG acquisition makes up roughly 8-9% of EBITDA so the overall impact is muted. On the call management was confident in their ability to close Link. However if that is not the case, then with the TMG sale and the cash earmarked for Link, DND will be cashed up which in theory leads to the ability for either massive buybacks or another attempt by management to go private. Either way, the channel checks which are backed up by churn rates, are constructive and the stock is one of if not the cheapest one we can find at the moment. (still trading at less than half the appropriate multiple in our view)
The financing for the Link deal is secured. It is an all cash offer and financing is interesting. Ares did a $109m equity offering at $53/share and also took $841m in preferred shares exchangeable at $60/share. The rest is financed with normal debt from Goldman Sachs and JP Morgan. Shareholder vote scheduled for July 19th.
Also management bought $50m in shares on Tuesday.
Q: Peter and Co, I am looking for a Canadian energy company that has good upside as well as large tax losses that could be used to offset any potential windfall taxes in Canada. I already have reasonable positions in CVE, VET, TOU and HWO.
With appreciation,
Ed
With appreciation,
Ed
Q: Under the "lottery ticket" portion of my portfolio I own SVA, they announced a deal with EVO. RBC has no information on EVO, what can you tell me about EVO, thoughts on the deal?
- Costco Wholesale Corporation (COST)
- Target Corporation (TGT)
- Walmart Inc. (WMT)
- Loblaw Companies Limited (L)
- Pacific Bay Minerals Ltd. (PBM)
Q: Hi Peter,
It looks like capitulation is nearing. There isn't anywhere to hide anymore.
Would you wait for further drops in WMT, TGT, COST, L, and PBM or is it a good time to jump in on some or all of the these names?
Can you rank the stocks in order of preference for a 3-5 year or more hold in an RRSP? Would you purchase any of the stocks for a TFSA at this time?
Thank you
Debbie and Jerry
It looks like capitulation is nearing. There isn't anywhere to hide anymore.
Would you wait for further drops in WMT, TGT, COST, L, and PBM or is it a good time to jump in on some or all of the these names?
Can you rank the stocks in order of preference for a 3-5 year or more hold in an RRSP? Would you purchase any of the stocks for a TFSA at this time?
Thank you
Debbie and Jerry
Q: did qst recently release earnings. if so, how were they. did they meet analyst expectations. do you think it is candidate to have a rebound considering their technology.
Q: You can ignore this if you already posted an answer.....
Thoughts on the quarter for LSPD
Thanks
Dave
Thoughts on the quarter for LSPD
Thanks
Dave
Q: the tmg ruling isn't great for dnd. can you explain its implications and what it means for stock in the future. 5i has been recommending dnd as a good growth opportunity and recently makes your list of top growth stocks. do you still feel this way.
- Franco-Nevada Corporation (FNV)
- Agnico Eagle Mines Limited (AEM)
- Maverix Metals Inc. (MMX)
- Karora Resources Inc. (KRR)
Q: What are your favourite gold stocks?
- Costco Wholesale Corporation (COST)
- Home Depot Inc. (The) (HD)
- Target Corporation (TGT)
- Walmart Inc. (WMT)
Q: When you call them an expensive sector that is not so safe for investing until investors re-consider the valuations. When you compare their PE'S with what is being held in the growth portfolio i have to call this the expensive sector and maybe not so safe sector. I feel this market is not that safe until, inflation is under control, interest rates finish rising, covid is under control in China, supply chain issues are fixed, high oil prices, and the war in Russia. The market cannot fight all of the above.
Q: Could you please provide an update for your February comments. It seems to co to us to go up even in this turbulent market. Is it time to buy? Thanks, Lesley
Q: Hi folks, opinion on Stc/t Q3 results recently reported....stock continues to be sold off, on minimal volume/interest.....hold 1/2 position at C$20sh...would be good time to avg down??....or wait for a reversal...guess bottom line is BUY/HOLD/SELL....thx as always, jb Piedmont QC
- BMO Equal Weight US Banks Hedged to CAD Index ETF (ZUB)
- BMO Equal Weight US Banks Index ETF (ZBK)
- SPDR S&P Regional Banking ETF (KRE)
Q: In the past I owned ZUB or ZBK for exposure to the US Banks. I would like to go back to these ETF. But when I look at the top 10 holdings I see JPM and BAC, but not MS or GS . Are MS/GS not considered as banks for these Etf or are just a smaller percentage? Would you have another suggestion for this specific sector?
Would regional banking KRE be a better choice at the moment.
Or something like IYG, even if I would prefer a canadian Etf.
Thanks again.
Would regional banking KRE be a better choice at the moment.
Or something like IYG, even if I would prefer a canadian Etf.
Thanks again.
Q: Could you comment on SNOW's current valuation at about 14x sales? Would you consider it a more compelling add today given it has growth on its side?
Q: Hello
"Taking a bath" on this one.
Do you see any reason for optimism?
Buy, sell or hold?
Thanks!
"Taking a bath" on this one.
Do you see any reason for optimism?
Buy, sell or hold?
Thanks!
Q: My 17 year old son wants to buy HAS shares for long term gains and dividend. Do you think the stock is a good candidate for buy-and-hold? Is PE 34 too high?
Thanks,
Thanks,
Q: With the probability of a June interest rate hike and GIC rates following,
would a lot of people be moving into GICs and out of stocks.
Thank You.
would a lot of people be moving into GICs and out of stocks.
Thank You.