Q: I had shares of CBL in a taxable account which I sold for a capital loss (to offset other capital gains). My plan was to rebuy CBL shares after the 30 day holding period but now I am not sure if that is a wise move. Do you think the share price and dividend of CBL are sustainable at these current levels? Thanks!
Q: If they missed earnings by a wide margin, .62 vs expected .91, and also missed badly on revenue, would you know why the stock is up over 3% and not down big?
Q: What are your thoughts on selling WSP Global for Savaria?
Looking for more dividend growth (revenue and earnings as well).
WSP's earnings didn't look as good as Savaria's did.
Thank you,
Adam
Q: In your recent answer regarding Premium Brand's earnings, you mentioned earnings expectations was 71 cents. I thought expectations was 91 cents. Can you confirm it was 71 cents? Perhaps I am mistaken.
Q: I have been happily and successfully managing my own investments for 15 years primarily with the help of independent analyst services such as 5i (Thank You). I have always dedicated 5 - 10% of my portfolio to small and micro cap investments and met with great success until recently. The last two years I have seen really poor results from my small/micro cap investments with several big losers and none of the big 2, 3 or 5x winners. IOM is the latest kick in the head for me. I am finding that these sudden big losses stick with me emotionally more than they used too, probably because I am now fully retired and the absence of earned income is pushing me to a more conservative approach. Accordingly I am considering revising my strategy away from individual company investments and simply buying a good small cap and/or micro cap fund or ETF. Could you please comment generally on my strategic thinking here and also suggest some ETF or funds I might want to consider. Low Management expenses preferred of course.
Q: Can you tell me your thoughts on the Q4 report from BIP.un a few days ago please. Are you concerned about the huge non cash charges? Will those non cash charges turn into cash charges down the road? Is the resulting drop in the share price a buying opportunity?
Q: UNH.us has been doing well. I am reluctant to trim but to avoid personal bias I ask:
Is valuation now too high? On price to Free cash flow, it looks expensive vs. history. s PEG is ~2 but ROE looks attractive at ~24%. Is such ROE sustainable given competitive forces at play ... I worry its moat is now not good as it was in the recent --- am I wrong?
Do you think UNH will GROW its dividend?
Is debt manageable?
I am looking at my international and american exposure. Can you give me a rough idea about what percentage of companies in the balanced portfolio have american and international exposure and how significant it is? Does that typically play to your portfolio country allocation? For example, I have 20% american equities, but X percentage of Canadian equities from the balanced portfolio get the majority of their revenue from the US, would you consider that a (20 + x) american exposure?
Q: My question is about how to manage the bond/ fixed income part of a portfolio. I have read that bonds etf are not as effective as stocks etf.
For a 5-10 year time frame, would you either invest in a mix of bond/pref etf (CBO/XBB/CPD) or in a actively managed fund (for example a pimco product) ? I was considering mixing the 3 etf + PIMF (a pimco etf). PIMF seems to expose the portfolio to products that are not available in the other ETF (like mortgage based security). Could you comment on a strategy?
I found bond investment way more complicated to understand than for stocks (yield curve, increasing interest rates, variety of products that are available). I'm also a member of your ETF newsletter. Any other comments or references you could suggest,