Q: I recently ignored my logic in staying away from "new" listings and invested in IBAT. In essence, I went with my gut based on my research and more than doubled my investment within a few days.
IBAT acquired technology in extracting lithium from brine, effectively reducing the process time from 24 months to 24 hours. No earnings ... It was previously operated as Rheingold. Has this been on your radar? Perhaps I should consider myself fortunate and bank my gains or hold on. May I have your opinion? Thank you.
Q: Happy Thanksgiving. What do you think about a switch from PKI to LB? Can you give me some pro's and con's for LB please. It would be a 2% position and it is held within a RRSP. I am down 11% on PKI right now. Thank You J
Q: With the recent run in the auto sector stock Exco is not participating, is this just a delayed reaction until people see the value? I don't have a position but thinking of establishing one. Your input would be appreciated
Thanks
Sal
Q: TD along with the financial sector has displayed an unusual upward trend since the first week of September. Now it, along with the entire sector, is rolling over. Do you know why?
Q: May I get your opinion on Costco after today's decline ? Earnings seemed pretty good, safe for a small miss on revenues. Do you like the company?
Would you considering entering into a position at this point, or is valuation still too high?
Thanks
Karim
Q: I am holding a full position (5%+) in each of ALA in a non registered account, PPL in a RRIF account, and ENF in a TFSA. I have decided that I am overexposed to the sector and
must reduce my positions. In your opinion which companies should be held for the long term and which should be sold? I also hold ALA.R in my RRIF as per your suggested opportunity, should the pending transaction be consummated.
Thank you for considering my question.
Q: Since selling DHX and SHOP, I wonder if it's too late to invest in above stocks at this time, all quite high. What is your opinion on these stocks?
Happy Thanksgiving!
Q: From the recent 5i report on Stantec: "Out of STN’s direct peers of WSP and SNC, we would
view Stantec shares as the cheapest of the group while offering
similar growth potential relative to competitors."
Comparing STN with WSP, which I hold, I see one cheaper on 3 metrics (STN - PE &
EV/EBITDA - by a whisker- & forward EV/EBITDA) and the other
cheaper on 3 metrics (WSP - P/B, PSR & Forward PSR)
The dividend at STN is half that at WSP. The 3 year performance at WSP is 50%
better. Would you endorse a switch from WSP to STN or if light on
WSP just direct new sector $$$ to STN? I wonder, too, if this is a cyclical industry that
would suffer with a real estate correction or business slump, say, or are there
enough government contacts which definitely are not cyclical?
Q: If I own in a U.S. dollar account,Canadian cross-listed companies which pay a U.S. dollar dividend,do I receive the dividend in U.S. dollars free of any exchange fee and the dividend tax credit?If the answer is yes,where can I find a list of these companies?I have a U.S. dollar trading account with T D.Thanks for your help.
Q: If the Canadian banks can ( total) return 13-14% consistently why wouldn't an investor just target them and leave the rest of the market alone? Your thoughts please.
“In fact, Canadian banks are the only sector/subsector in North America to generate a better total return than Warren Buffet’s Berkshire Hathaway over the past 20- and 25-years, which in our view speaks to the powerful and consistent compounding mechanisms they have been… In other words, based on their history of success, we have a high degree of confidence that they will manage their way through current headwinds,” Barasch said in the note.
I am looking for a good emerging markets ETF. In my screens there are so many to choose from and many with high Dividends, along with very strong gains, which of course I like. Since I know nothing about which countries and sectors to look for, could you recommend 2 or 3 good Emerging Market ETFS, preferably with a solid dividend and high growth potential, and also at a value price if possible. I am not overly concerned about risk and have no exposure in this area. Thank You.
Q: Like many others, I rely on my stock portfolio for income. Fixed income won't provide it. The possibility of a significant correction seems to be not a matter of if, but when, and the prospect of another 40% drop portfolio value is scary, especially at this point in life. Based on the past couple of crashes it takes 4-5 years of agony to recover.
However with a portfolio of companies having a history of NOT cutting dividends through the market crashes, the income relied on would be preserved, and the recovery period somewhat less painful. So thats the type of portfolio I'd like to see 5i construct. Rosenburg's recent comments on BNN suggest good balance sheet, predictable earnings, low correlation to economy. I would add liquidity, ( I find that a number of the stocks 5i portfolios just don't have enough trading volume).
Whats your thoughts on this strategy? Is there enough of these companies, and suggestions?
Q: My question is on FXI the Chinese large cap ETF. as a small position do you see this as a good play to get some global diversification as well as exposure to China?
Q: I've been looking for Canadian based ETFs which hold US techs. There doesn't seem to be very much available. The only ones I've found are QRT and FHQ, and the MER on the latter seems too high. Would you recommend either or would it be better to simply buy a US ETF?