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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: hi.Could you tell me what is expected re dividend? Just bought some more This AM. Am I goofy. Thanks for all you do. Regards Cliff
Read Answer Asked by cliff on January 13, 2016
Q: What looks cheap in the BE portfolio? Thanks.
Read Answer Asked by Chris on January 13, 2016
Q: Please comment on the Shaw media acquisition. Does it look good for a long term hold for income?
Many thanks.
Read Answer Asked by Martin on January 13, 2016
Q: hello Peter and 51 team,
We enjoyed reading Peter's editorial in the January Money saver. He makes a point that your portfolio should be well diversified, has a cash cushion, and has gotten rid of the loser companies. We are well diversified, and have a cash portion. We have 2 losers that we haven't sold yet. Our question is should we sell Cenovus and Cannacord genuity? What would be a better alternative.
thank you
Read Answer Asked by john on January 13, 2016
Q: Can you provide an analysis of Cascade (CAS) and whether at the current price it is a buy for 3 year plus hold? Would you recommend larger competitor? I've been watching it hit 52 week highs now for a number of months and rebounded yesterday. Thanks again and again - john
Read Answer Asked by john on January 13, 2016
Q: My portfolio is overweight in Financials and feel I need to reduce over time. Wells Fargo has provided good returns but I am thinking there is more upside with BNS and TD over the long term.
I am planning to sell my position in WFC and move to a different sector in US$. Perhaps the Consumer Discretionary or Industrial sectors. Your thoughts.
Read Answer Asked by J Stephen on January 13, 2016
Q: I am invested in this interesting company that seems to be in the right space but the shares seem sluggish. Should I hang on for the longer term?
Read Answer Asked by William on January 13, 2016
Q: I made money on this when it was over $50, and now, after a positive report from the company, it has been dropping like a stone to about $22. I still believe rail will do well, and most of its business is in the US, so maybe now is time to take a half position?
John
Read Answer Asked by John on January 13, 2016
Q: Hi there

You answered a question yesterday about OSL.un Onex Credit Partners and said that it might be down because of overall economic outlook and "we would hope to see this one be stronger over a 3 year timeframe." I own OSC.Un which is a similar security I believe and is also down considerably. I am wondering what to do with this fixed income security. I would gladly hold if there is some chance that it might recover somewhat over a few years as I get a good dividend. Are your views similar on this security that if credit markets get better then OCS.Un should recover? A couple of related questions - are the loses in NAV reflecting a ongoing payout of capital and/or permanent impairments or more just a lower pricing of current assets. I would think that with the cash generated by loans that OCS.Un would be able to buy debt at pennies on the dollar?

Thanks
Read Answer Asked by Stuart on January 13, 2016
Q: Is there anything fundamentally wrong with this co. Dividend up every year and projected up in next two years by the co. Yet share price continues to fall yielding 9% .I'm confused.
Read Answer Asked by John on January 13, 2016
Q: Could you give an outlook for this company.
Any reason of the low shareprice?and is dividend safe?
I am looking at tcn or bip-un as a potential buy.
Which one would you choose and why?
Read Answer Asked by Josh on January 13, 2016
Q: Hi Peter

What is your long tern outlook for these companies,is it a buy,sell or hold. thanks.

selina
Read Answer Asked by selina on January 13, 2016
Q: I am a conservative, retired dividend-income investor with a pension and CPP. My portfolio includes AD, AQN, ALA, BCE, BNS, CGX, CPG, RY, SLF, WSP, WCP, WEF, ZLB, XIT, Sentry Cdn Income Fund, Sentry REIT, RBC Eqty Inc, TD Health, Annuities and Fisgard Capital.

My question is regarding SLF. I bought it in the fall of 2014 with the investment thesis being rising interest rates and an improving equity market (both supposedly good for lifecos).

I am basically flat (down from cap loss and up from dividends). I am normally almost fully invested and am not a trader. I'm happy to hold SLF, but I think the original investment thesis has now changed. Is SLF dead money for now and is the current environment likely to produce more share price deterioration?

On a side note, I am slightly overweight in financials.

Thanks, Steve
Read Answer Asked by Stephen on January 13, 2016
Q: Hi Guys,

I am an income oriented investor with the following financial stocks:

Bank of America (BAC)
Bank of Montreal (BMO)
Genworth Canada Inc (MIC)
Gluskin Sheff (GS)
Royal Bank (RY)
Sun Life Financial (SLF)
Toronto Dominion Bank (TD)

They all represent roughly equal value in my portfolio and are all within my minimum and maximum allocation. The overall financial area is within my global limits. I have no additional cash to invest. I have the following questions:

1)Would you sell any?
2)If you would make a sale, how would you replace it in the financial area?
3)Do you see more than a 10% chance of a dividend cut in the next 3 years for any stock?
4)Any other comments would be appreciated.

Please charge 2 credits due to the number of securities involved.

Thanks
John
Read Answer Asked by John on January 13, 2016
Q: I am finally looking at converting some of my RIF to bonds in order to get a stable income to add to pension. The funds will be divided equally between CBO,XBB,XHY. I have not invested in bond funds before and would really like to better understand what affects the price movement of these three particular funds. I have done a browse on Moneysaver past issues but can't find anything that really gives me the info I'm looking for. Could you give a quick explanation or maybe suggest some alternative resource ?
Many thanks
Read Answer Asked by Alexandra on January 13, 2016
Q: What do you think of buying Gibson Energy for future growth and dividend payments? How safe is the dividend? Am looking for 3-5 year plan. Also, does not the commodity price tend to overshoot both up and down? I recall selling my HOD.To and SLV when silver came close to $50 and oil in 2008 or 2009 came way up when Goldman-Sachs said it was going to $200 a barrel. I recall the high overshoots were both spikes and did not last long. Do you expect the low price of oil to be a spike and return to 45-55? Thanks. A great service that you do.
Read Answer Asked by Rene on January 13, 2016