Investment Q&A

Q: I'm looking to reduce exposure to the energy sector and harvest some tax losses. My holdings cover a range of energy companies with different strengths and weaknesses (gassy, oily, big cap, small cap) so equivalence is difficult to calculate. From the list of CVE, HSE, PGF, SGY, TOU and WCP in what order would you reduce these holdings?

As always, thanks for the excellent service.

Q: Hi guys
I have held Saputo for a very long time and done very well on it and appreciate its relative stability. However it has not done much the last few years except gradually trend lower, plus it would appear the milk/cheese market is always affected by trade/tariff issues out of control of the company. I have to say when I listen to Lino Saputo on conference calls he is very impressive how he knows the most intricate details about what drives his operations. What do you think would be a catalyst for Saputo to move forward in the next few years. A 2nd question relates to Premium Brands and given its drop in price over the last while would it make sense to sell my Saputo and bus Premium Brands as a replacement. I always worry that with a loss of a big contract like Starbucks the stock price might just fall away and that has kept me out of it, but of course they have continued to do well.

Thanks

Stuart

Q: I hold HPR and the Dynamic preferred yirld fund. In light of the recent correction in preferred share,, do you advise to hold, buy more or is it time to reduce the positions held.

Q: Which types of shares/etfs should go in a cash account rather than a TFSA?
Thanks for the great help in good times and bad.

Q: Would you be able to rate the above in order of preference based on overall appreciation/performance over next 2-3yrs - also confirm whether you would be a buyer of any or all of them at this point in time and finally what exposure does each have to the Alberta economy.

Terry

Q: I want to add a renewables. I am stuff between aqn and bep. Both seem to be growing quite nicely. BEP has had more consistent returns. AQN had some serious trouble in 08 and I think it was down to around $2. If I am going to drip, does AQNs 5% discount play a factor here into your decision? I notice Scotia having AQN distribution rising slightly more rapidly than BEP into 2020, do you agree with this? What are key geographical / operational differences that would play an impact into long term growth?

Q: I looked at buying this stock when it was down around $55, but decided not to when it sold off what was suppose to be one of its best assets. Why is it hitting record levels in a bad market?
thanks,
Paul

Q: This is for a taxable account. If ZDB has a current yield of 2.1 and a one-year GIC offers 3.1 and no fees, am I better off choosing the GIC route?

Q: For income & some growth please rank the following in order of preference:
ALQ
BEP.un
ENB
KEY
PPL

Q: What happens to the warrants of BBI in this merger if it goes through?

Q: Clayton was asking about unwinding the Fed balance sheet you replied that they need to sell assets and referenced bonds. What are the assets. How and why does selling them effect the stock market.
Thank you for the excellent service you provide.
Peter

Q: In addition to your balanced equity portfolio and the etf’s mentioned in your answer to serges question (be: 35% BE, 15% XIC; 40% VFV, 10% VXUS.) can you please suggest a collection of large cap stocks to balance out the portfolio.
In the past you have made mention to this approach and appreciate your help with this.

Q: ANYWHERE IN YOUR WEB PAGE ONE CAN FIND WHERE THE STOCKS BELONG TO THE CATEGORY ,e.g. BRK.B,,BAM,A,GOOS ,,PBH,SIS and UTX
Thank you

Q: Can you tell me what prices (Cdn$/mcf) Bellatrix received for their natural gas in the previous 4 quarters? Can you also tell me what their avarage production cost was (Cdn$/mcf) as well?

The reason I ask this is because as of November 26, 2018 Bellatrix has locked in fixed prices in December 2018 (approximately 30% of natural gas volumes based on current annual 2018 production guidance at a Canadian equivalent price of approximately $4.33/Mcf) and the first quarter of 2019 (approximately 20% of natural gas volumes at a Canadian equivalent price of approximately $4.20/Mcf). Unless I'm missing something these prices seem to me like they are substantial higher than the norm of the past few years?

Thank you, Shane

Q: Provided we don't have a recession for awhile, plus the likes of BNN guests such as Eric Nutall & Josef Schachter think we are in the beginnings of a new Bull Market for oil & gas, Trican Well Services at a $1.20+/- per share seems rediculously cheap. Along with a few other stocks I think it could be a multi-bagger in the next 2-3 year time frame.
Or do you think I'm wrong and TCW is a value trap?

Thanks, Shane

Q: Gentlemen, could you provide me with an evaluation of recent VET transactions. Thank you. Gaston

Q: What is your opinion on Nintendo? Is now a good time to buy?

Thank you.

Q: Hi, I am looking to buy some beaten down tax loss selling candidates. Which weeks would you consider to have the greatest tax loss selling and when is the last date in 2018 to sell for tax loss purposes? Thanks.

Q: What do you think of NVDA at this point? out look? Could it go lower? or buying opportunity?
Thanks!
Issaku

Q: Altagas preferred shares have really been pummeled in reaction to company developments and the sell off in prefs generally. Do you think they offer reasonable value at these levels and do you believe the dividend is reasonably secure in view of the coming cut in the common dividend? Thanks.