Investment Q&A

Q: Thoughts about adding to my position in CGI. Results looked good. Net debt down to $1.3 billion or 15.8% net debt to total capitalization. Down nicely from over 40% after Logica acquisition. Company is buying back shares even though there is no dividend. Double digit eps growth over the past year.

Jason

Q: Could you comment on HWD Q3 results?

Q: Please comment on GH's quarterly results.

Q: Could you comment on Q3 earnings and future prospects? They expect the schedule 1 bank license to be granted by year-end and looking ahead are planning to diversify, e.g. sell GICs in 2017 and offer credit cards in 2018.

Q: I am up nicely with BAC. I got in when our dollar was stranger against the US. My question is should I get out now and switch to a Canadian bank to take advantage of the gains I've made on the currency side of things? Or do you think I'm safe to let it ride a while because we will continue to see a weak Canadian dollar?

Q: Hello, after today's 10%+ increase would you take a full position (5%) in GC for long term or would you wait for a pull back - and if so, at what price would you buy in?

Thanks for your great service!

Q: Hi, Any comments/significance of following news.

Savaria President and CFO Exercise their Warrants
10:19 EST Wednesday, November 09, 2016
LAVAL, QUEBEC--(Marketwired - Nov. 9, 2016) - Savaria Corporation (TSX:SIS) ("Savaria" or the "Corporation"), one of North America's leaders in the accessibility industry, announces that a company wholly owned by Marcel Bourassa, President and Chief Executive Officer of Savaria and Jean-Marie Bourassa, Chief Financial Officer of Savaria, has exercised 500,000 warrants to acquire an equivalent number of common shares of Savaria at a price of $4.25 per share. Savaria will receive gross proceeds of $2,125,000 from the issuance of the shares.

The warrants were issued in connection with a bought deal private placement completed on April 15, 2014, and were set to expire on April 15, 2017. As of today, 1,004,750 warrants have been exercised, representing 35% of the 2,875,000 warrants issued in connection with the 2014 private placement.

Savaria now has 36,350,197 common shares issued and outstanding. Combined, Marcel and Jean-Marie Bourassa hold, directly and indirectly, 14,874,022 shares, representing 40.9% of the Corporation's issued and outstanding common shares.

Q: First of all TY for your reassuring post on the shocking results of the USA election. 2 years of imbecilic bombardment to get to that result...wow. Can you please comment on EIF's quarterly results. AS always TY Ryan and Peter.

Q: Hi Peter and Team,

Fortunate timing in light of yesterday's surprising election results: Our daughter-in-law learned just yesterday that her RRSP of $77000 and her LIRA of $22600 that previously contained under-performing high MER mutual funds were transferred (in cash, thank goodness) to her new accounts at iTrade which I will manage. Given today's volatility, and volatility going forward, what should she do? She is a "60% equity, 40% fixed-income" investor. Thanks so much in advance for your valued advice.

Q: In case of a significant post election down draft could you suggest 3 Canadian stocks as a compelling trading idea? Feel free to wait for the opening bell with the answer.
Thank you for excellent service.

Q: Peter, if a Trump/Republican government takes a harder line on softwood lumber, do you see that impacting Stella-Jones very negatively? Thanks!

Q: Thank you for your opening reassuring message early this morning. Brian

Q: Do you think TRP would be a good buy just now?

Q: I own IPL and I was reviewing their Q3 release on Friday. I am having trouble reconciling their net debt to total capitalization ratio of 54.5%.

Based on their MD&A, total debt is $5,596.6, shareholder's equity is $3,269.9 and cash and cash equivalents is $70.4 and restricted cash if $105. This gives me a net debt to total capitalization ratio of 62.3% without including the restricted cash and 61.1% including the restricted cash. IPL Q3 reports 54.5% net debt to capitalization. Not sure where the error is. I inquired with the Company, but I haven't received an answer. I was wondering if you could provide one?

Thanks,
Jason

Q: I have an income portfolio that is patterned after your model income portfolio with a few differences. My portfolio currently has 21 positions with a 5% holding in each of BEP.un and BIP.un. Do have any thoughts on the merits of holding both these companies in the portfolio? Should one be sold? If so, which one and why? Thanks

Q: Hi Peter and Team,
Please comment on BDI Q3 results and its valuation.
Thanks

Q: Markets seem to like Aimia's results. Your thoughts?

Regards,

Robert

Q: Why was Magna so severely punished today?

Q: I just wanted to say ... thanks 5I! You are worth your weight in gold (in today's market, : ) .... ) by the simple graciousness and concern that you show for your investors.

Opening this morning's 5I message says it all.

Thanks, 5 I!

Q: Looking towards an isolationist, anti-trade Trump presidency, which sectors in Canada do you think would suffer most? I'm thinking of autos and lumber, as a start. Are there any names on the balanced portfolio which would be particularly hard hit if NAFTA disappeared and their US exports were threatened? Ie, Magna, SJ.