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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: Do these reported results differ markedly from yours on Bloomberg?

March 22 (Reuters) - Canada's Amaya Inc , owner of online gambling sites PokerStars and Full Tilt, reported fourth-quarter profit ahead of estimates as it added more customers and cut costs.

Amaya said it expects adjusted profit of $1.94-$2.13 per share in 2017, higher than the $1.88 per share it earned last year.

Customer registrations increased by 2.6 million to about 108 million in the quarter ended Dec. 31, the company said on Wednesday.

Amaya's financial expenses fell nearly 28 percent to $36.6 million.

The company's net income from continuing operations was about $45 million, or 23 cents per share, compared with a loss of $15.2 million, or 11 cents per share, a year earlier.

Excluding items, Amaya reported a profit of 53 cents per share, higher than analysts' average estimate of 50 cents per share, according to Thomson Reuters I/B/E/S.

Amaya's revenue rose nearly 6 percent to $310.4 million.
Read Answer Asked by Gordon on March 22, 2017
Q: Hi Peter,

I have the following stocks in my RRSP portfolio with the sector weightings below. What are a few stocks would you suggest buying now for a 5-10+ hold that are medium to high risk to help balance my sector weighings? Thanks for all your help and advice!!

SJ, GSY, ATD.B, PBH, TOY, RRX.TO, SLF, BNS, GUD, CSH-UN, CRH, SIS, CSU, SHOP, PHO

Technology: 31.35%
Healthcare: 20.07%
Consumer Non-Cyclicals: 17.39%
Financial 15.01%
Consumer Cyclicals: 6.16%
Basic Materials: 4.44%
Industrial: 3.60%
Energy: 1.97%
Read Answer Asked by Andrew on March 22, 2017
Q: Following-up on a question about Blackberry debentures: if my broker matches my bid with an in-house ask, does the TSX find out about the trade? I'm wondering because, according to tmxmoney.com, the debentures haven't changed hands since Jan 25, nor do quotes show any ask. If they're this tightly-held, then there doesn't seem to be much point adding to the bid unless there's unreported in-house trading going on.

Of course, I could set my bid farther above par, but with the debs at 3.75% and the share price stagnant for the past three years, it seems as likely that I'd lose money. I understand that some debt is, essentially, privately-held; fine - I'm just trying to understand what's possible.
Read Answer Asked by John on March 22, 2017