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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: I noted your reply today about gold going forward with reference to a BTO question. ie; " 4Q is usually in fact better for gold stocks. BTO we like as a company, but the gold rally we think may be getting a bit long in the tooth. With no inflation and the US dollar looking better...".
Does the same apply to a gold company like Roxgold with it's recent start up of the Yaramoko gold mine? It has had a good run. Would you reccommend to hold or sell a bit?
Thanks 5i
Read Answer Asked by mike on July 04, 2016
Q: Good evening,
Walgreens is one of the larger and most successful holdings in my US portfolio. I am concerned that it may be particularly exposed to significant currency and other negative impacts from Brexit. Would you see any reason to retain this position? Or a portion of it? I hold a similarly large position in JNJ and smaller positions in GILD and CELG in the health space.
Thank you for your guidance.
Read Answer Asked by Peter on July 04, 2016
Q: Re the quote below from their most recent report; is "leasing" land, the usual procedure for oil companies? Do some companies buy land outright? What happens if/when a company strikes oil and then the lease runs out?

"Of the Company’s 73 sections of Elmworth Montney land there are 4 sections which have expiry dates occurring
within the current calendar year. The Company is working diligently on strategies to retain these sections. The
remaining
69 sections have expiry dates ranging from 2017 to 2021."
ALSO, what is yr opinion of that report? Would you advise buying more stock?
Read Answer Asked by roger on July 04, 2016
Q: I have all 3 of DRG.UN, D.UN & STB in my wife's cash acct but only because of their very high monthly dividends - averaged at about 8.5%. However, I want to drop 1 & while STB would seen the obvious choice as it does not move the needle very much, I am concerned as to the ongoing viability of DRG.UN as related to Brexit, etc. Your opinion - Thank you.
Read Answer Asked by Robert on July 04, 2016
Q: Retirement Planning

Please comment

https://youtu.be/gvZSpET11ZY
Read Answer Asked by Shah on July 04, 2016
Q: Hello Peter, all of these CIX, POW and MFC have been on a down hill slid. My losses are 20% plus, should I keep holding them or should I take my losses and replace them. I like to have your advise, perhaps can recommend alternative replacements. Many thanks for your advise, regards, J.a.P. bURLINGTON
Read Answer Asked by Joseph on July 04, 2016
Q: Since you published your most recent report on March 8th. $51.6m of new equity capital has been raised by a fully oversubscribed bought deal at then current share price with about 765000 shares paid for by all directors and some senior officers. The new capital was apparently used to pay down drawn credit and despite the dilution share price has risen modestly. The Debt/Equity, Insider Ownership, Net Margin (probably got worse) and CR boxes in the sidebar in your report would probably all change. But the Fort McMurray fire has caused another $5m estimated cost to adjusted EBITDA, and I suspect you may regard the present condition of Newalta worse than 2009, which it survived. Bottom line - are you any more optimistic about survival than you were in your report?
Read Answer Asked by Fraser on July 04, 2016
Q: Hi
I'm looking for a handful of high yielding companies with a good balance sheet.
In what order would you rank the companies listed? Any other companies you really like that could also be included or preferred over these? Thank you.
Read Answer Asked by Carlo on July 04, 2016
Q: Recent news of mass closures by Caribbean customers of their Royal Bank accounts due to sudden imposition of service fees suggests to me that Royal Bank either doesn’t know or doesn’t care what its customers want. It sounds like an idea generated by greedy head-office bean counters with no knowledge of what is going on in the field. If retail banking is all about service, then once the reputation for customer service is lost, won’t the business inevitably suffer ? In your opinion is this event a “tipping point” for the Royal Bank, presaging a similar abandonment by Canadian customers ? Or will Canadian retail customers simply shrug and carry on with business as usual ?


Read Answer Asked by Don on July 01, 2016