Investment Q&A

Q: I am a retired, conservative, dividend-income investor with a pension, CPP, and mostly dividend stocks (AD, AQN, ALA, BCE, BNS, CPG, CGX, ECI, FTS, PBH, RY, TRP, WCP, WSP, WEF, ZLB, XIT, Sentry Cdn Inc, RBC Equity Inc, Sentry REIT, Annuities, Fisgard Capital).

I have a roughly 10% weighting in energy. I hold CPG in my Cash account and have a potential capital loss available. Listening to the CEO yesterday, it looks like the dividend will remain small for the foreseeable future.

Two options = sell and replace with a better dividend player, capturing the Loss. Or, continue to hold CPG as this seems to be one of the "go to" names as oil recovers. While I would like more steady income, it is possible if I switch energy names that the new holding would then cut its dividend.

Under consideration are BNE, VET, FRU, SU, CNQ, ZEO, XRE. Are there others that should be on the list? I don't want a small cap and I'd prefer an oil name.

I have tried my usual filtering with P/BV < 2.0, P/CF < 6.0, Div > 3.0% and Beta < 2.5 (not sure if you want to consider beta in this exercise because you want the bounce) and don't get anything that makes sense.

It is normally all about total return, but steady income is more important.

Help and thanks in advance...Steve

Q: Hi Peter and Team,

I own TMA in a margin account and would like your advice as to what to do: should I wait for the $6.25 price when (and if) it goes private, or should I sell into the market at the current price (it closed today at $6.16)? Having used the proceeds of Contrans CSS (when they were bought out) to buy Trimac, I'd rather not replace TMA with another transportation stock. If I do sell now, can you recommend a few suitable replacements in the Industrial sector?
As always, thanks for your valued advice.

Q: Hello Team,
Can you help clarify for me what seems to be a contradiction. Markets are supposed to have priced in the possibility of a US rate increase sometime this year. Yet, when the Fed minutes released today (May 18) indicate that may indeed be the case, markets react with volatility (i.e., gold down, oil down, US dollar up, financial stocks up, etc.).
My question is, if the market has priced in a rate increase, why is there so much volatility when there is the hint it might actually happen?
Thank you, Michael

Q: What do you think of Hydro One for a growth/moderate dividend investment?

Q: I have read a number of analyst reports on IEP-Q that indicate that they have established a large short position in a selection of US equities. Do you know what percentage of IEP is represented by that short position?

Q: Team 5i, please comment on Anfield Gold, which has been rising steadily since Rick.Rule'promoted' it on BNN last Thursday.

Pengrowth too has been climbing since Seymour Schulich made a big purchase last week.

Thanks Kindly! Austin

Q: Can't seem to find why the trading halt yesterday on Sylogist for their pending news. The stock has not reacted one way or the other. Can you tell me if it was positive or negative for the company.

Q: Swift Energy is a name I purchased on the OTC market (www.swiftenergy.com). It went through a bankruptcy proceeding and equity holders came away with equity and warrants. I can't find where the equity and warrants are trading now. Can you assist? Thanks in advance.

Q: I'm looking for 5 Companies with low debt and reasonable growth going forward. Non material, energy or financials, Thanks

Q: Held MDA for a long time and frankly becoming a little impatient with it. Any comments on why I should consider to hold it would be appreciated. What's your view of Altus Group? Thx

Q: Please comment about MDF's acquisition yesterday of Advanced Software Concepts. The stock seemed to react positively to the news.

Q: Silver stocks. I checked performance one month, three months, 6 months and one year on fr,mag,paa and sso. Fr came out number one,mag number two paa number three and then sso.
Silver stocks don't seem to have the volatility on the downside that gold shares do. Would you prefer silver shares to gold and silver vs. gold. I own all four and have been selling my gold shares and reinvesting funds into the 4 silver companies mentioned. It is working out in my favour. Are there any other Silver companies I should own ? Do you agree with my strategy. Silver looks better than Gold ?

Q: Hello Team,
In one of Peter's recent articles he indicated that sector selection was more important than the choice of specific stocks within the sector.
Could you advise which sectors you suggest would have the greatest momentum over the next year or two.
And, if you want to throw in a couple of sector gems I won't complain.
As always, really appreciate your help.

Q: Acknowledging that you have rd-x as a top pick yesterday, which one of the following would you buy today for growth and reasonable risk: rd-x, bto, ric.
Secondarily, with the same criteria, which would you choose between rrx and cj
Thanks very much for the great service!

Q: Looking for liquid symbols to trade the $VIX

Q: Hello, I have held this company , Algoma for a long time. Unfortunately, it has been uninspiring for quite a bit. I understand it is reflecting the stagnant economy, but with warmer weather coming is it worth holding, or time to go?

Q: Took profits on recent reits runup, now looking to buy any or all
of these three. Would like your opinion please.
Thanks.

Q: Hello 5i team,
AQN is currently trading at $11.17 even though Emera decided yesterday to sell 50M shares of AQN at $10.85. It seems that the market is shrugging it off; what is your take on this?
Thanks,
Antoine

Q: Peter: The IKN blog seems to think that the $27MM bought deal was solely for "defensive purposes" to avoid a take-over by Tahoe and the likes. What is your opinion on this. If this is true, could you explain why. I seems to me that any bidder would inherit this extra cash - isn't this a good thing ?? Thxs, Ralph.

Q: Is it safe to assume that Goldcorp remains your favourite in the Gold space? If not, why and which company would be? Thank-you.