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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: Hello Peter and team, this is regarding the news about GWO restructuring and reductions in Canadian workforce (1,500 employees over the next two years). What do you read in that news? Does this mean that GWO is losing business to the benefit of Sunlife and Manulife? In your opinion, what will be the impact of this transformation on the stock price in the long term? Would you buy GWO at this time. Regards, Gervais
Read Answer Asked by Gervais on April 26, 2017
Q: Could you recommend an ETF that trades in Canada with Canadian funds that.
A. Invests in US savings accounts and pays some interest
B. Is unhedged
Would this be an effective way to play a possible drop in the Canadian dollar. Is there another way that this could be achieved without the cost of converting dollars?
Read Answer Asked by William on April 26, 2017
Q: Could you please give me your thoughts on XCT. I am left with shares from the ComDev transaction. The shares have gone done considerably however the business seems interesting and it is the same management that made ComDev successful. Should I average down, avoid or hold? What metrics can you see on this company and are there any metrics or events upcoming that will significantly affect the future,Thank you for your great service. mike
Read Answer Asked by Mike on April 26, 2017
Q: I have owned this fund for a very long time and averaged over 8% return through the time I have owned the fund. The fund has a monthly distribution which is reinvested and additional units distributed annually which are also reinvested, a healthy gain in NAV over the years.I'm now 1% over a full position in the portfolio should I continue to let it run, I have not added a dollar to this fund in 10 years or would you trim back to a 5% postion
Read Answer Asked by Thomas on April 26, 2017
Q: Hello Peter,
Avigilon has, rather quietly, doubled in price since its lows of this past November. I'm probably almost back to my break-even point. (Though yes, I realize the stock doesn't know that.) Last November, I would have jumped at the chance to get out of the investment 'even'. But if the recent gains portend good things ahead, I'm fine with holding. What are your current thoughts on the company for a longer term hold? Thank you!
Read Answer Asked by James on April 26, 2017
Q: Home Capital has given many billions of loans over the last 4 years. In the event that a large number of loans were fraudulent, and the executives have covered-up the truth, I imagine that at this very moment, thousands of borrowers could be running behind in their payments, and eventually default. If that happens, who would take over those mortgages? Big-banks don't deal with those profiles, so which financial would absorb those loans?
Read Answer Asked by Matt on April 26, 2017
Q: The above debenture will be redeemed may3/17
We have been offered two options
1. Conversion (shares) : to receive 40.1606425 common shares LIQ at conversion price $24.90/share for every $1000 principal amount of LIQ.DB.A (5.85% convertible unsecured subordinated debentures ) due apil30/18 converted

2. Redemption (default) : to receive $1000plus $0.4808 in accrued and unpaid interest for every $1000 principal amount of LIQ.DB.A (5.85%convertible unsecured debenture ) due april30/18 redeemed

Can u explain these options and advise which in your opinion is better choice

Thank you
Read Answer Asked by Indra on April 26, 2017
Q: I have half positions in CCL.B, ZCL, GSY,ECI and PHO; full positions in SIS,KXS,SHOP,PBH and GUD. Growth from 'good' companies is my only consideration and I have a 10 year timeline. These companies are part of the growth portion of a balanced portfolio.
Please provide guidance on the following 2 questions:
Could you rank my half position companies with growth potential as the sole criterion.
Is it reasonable to increase one's stake beyond a full position in any company that has excellent future prospects? If yes, please rank my full position companies based on growth potential.
Thanks for your excellent service, as always!
Read Answer Asked by Warren on April 26, 2017
Q: Above stock has been going down in spite of optimism in whole market.Any explanation ?Thanking you in advance.Ebrahim
Read Answer Asked by ebrahim on April 25, 2017