Investment Q&A

Q: I own 4 Canadian financial institutions (BNS, CM, RY and TD). No exposure to life insurance companies or U.S. financials. I would like to avoid U.S. financials. I find it very hard to trust management and it seems like there is always a scandal at a major U.S. bank. I use to own Wells Fargo thinking it was best in breed and they couldn't even avoid scandal. With the advantage of the CDN dividend and BMO and TD's exposure to the U.S. I prefer to get exposure to the U.S. that way.

My question is whether I should sell CM since it is more exposed to the CDN economy than the others and purchase BMO instead for their U.S. midwest exposure? I am not opposed to getting U.S. banking exposure through an ETF like XLF perhaps. Which strategy do you favour? Each bank is currently 3-4% of my portfolio.

Thanks,
Jason

Q: What do you make of CHH these days? Looks like they are servicing their debt and insiders are buying. Is there potential upside.

Thank You
Clarence

Q: I am contemplating taking a position in AYA following the offer that Baazov has tabled today. In your view is the current price of $21 an attractive entry point or is the risk not justified?

The market's reaction seems to be one of skepticism given the current discount. Can you outline what factors may be attributing to this discount? Should one be concerned that the financing Baazov has secured is mainly from China (one participant is from Dubai)?

Finally, do you believe Baazov's pending charges will have any bearing on the ability for the deal to go through? Thanks!

Q: Further to my earlier question, I wanted to know about KXS, SHOP, CSU, GIB.A in particular. They were in the companies addressed field but the reply showed MISC.

Thanks for your earlier reply and this one too.
cathy

Q: Good Morning.

I would like to buy stocks in this dip. Which would you recommend of the ones I noted or others? As well, a small position in each or full positions? I currently own full positions in SIS, OTC, EFN, ECN, GOOGL and HOT.UN and small positions in TIO and CXI (to name some). I also have a large position in US cash. Any suggestions for it?

Thank you!
cathy

Q: do not own klg, why are they so insistent in refusing to enter into discussions with silver standard, it looks like there offer values company at around 12 dollars a shares, with shares maybe opening at 8.50 would you be a buyer, my question is only in relation to this company being in play. dave

Q: portfolio- with recent scenario (new us president) looks like people moving to more growth oriented names. as such what would be recommended sector allocation. thanks

Q: What are your thoughts on PIH after their recent quarter?

Q: I am retired, and have a portfolio with a mix of equities, ETFs and bonds. I have some money from municipal bonds to reinvest and I am considering some ETFs such as XSB, CBO, XBB and XHY as options to invest these funds, with a 5 year investment horizon. In the current environment (interest rates and the US election), how do you think these ETFs will perform in the coming years? Thanks for your great service.

Q: Would you please clarify the latest news on Kirkland Lake Gold? I no longer know who is selling what to whom, or who's buying what. Is there a new player altogether in this? It was halted on Friday, but now open for trading and up again, modestly. (I'm starting to feel like I'm in a David Lynch movie with this one, waiting for the dwarf to appear in my dream and read the signs for me.)

Thanks for your help, as always!

Q: Since mid-year when VNR hit $23, it has been on a steady decline and then, of course, with the new threat on renewables, it has dropped considerably. Q3 showed weakness in Gaz Metro net income and now I await YE results. Any insight into what Q4 looked like? Should I sideline this one and wait for the dust to settle on the renewable threat or should I just sell because VNR will continue to perform poorly?

Carl

Q: Looking at what is going on in the USA, if Trump reduces the tax rate to 15% and encourages the money held outside the US to come back will this be USD bullish?
Also can you give me your thoughts on ZRE, REITs are going down, should I be looking to add?

Q: I hold XQQ and have a small gain. In light of the US election result would you recommend holding on to this etf? Or, would you switch to a Dow based etf? Thanks, Bill

Q: Can you please provide your opinion of Seagate Technology (STX). Buy, sell or hold?

Thanks

Dave

Q: Given the "new" political landscape in the US, which sectors should do well ?

Q: Hi. Can you let me know what you think of Brookfields results today. Is the 3% drop today due to the results or is it more interest rates? Thanks!

Q: BAM.A's quarterly report appeared good today. What is your reasoning for the drop in price?

Q: Nov 14 Canopy Growth Corp

Canopy Growth reported earnings today!!

* Q2 revenue rose 22 percent to c$8.5 million

* Canopy Growth net income for quarter ended September 30, 2016 was $5.4 million compared to net income of $3.9 million in same period last year

Q: Can you give me the 3 and 5 year growth in FFO for each of the above? Also, global warming is expected to reduce brazilian river volumes by 30% in the next 20 years sa recent NYT article stated. Will this slow bep down or can they work around it? Thanks

Q: About Mark's question, on Twitter, @CdnMortgageNews posted this yesterday: "@EQBank says > 1/2 of its 2016 YTD prime single-family securitized mtgs would not qualify for insurance under the new rules. Src: RBC". Could be a reaction to this. Hope that helps.