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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: Seasons Greetings! Exchanging US dollars to Can. dollars: I had several US stocks in my non-registered account thanks to my former advisor. I have now liquidated them, and have about $100K US that I need to exchange to Can. dollars. What is the most beneficial way to do this? Is Norbert's Gambit still recommended?
Read Answer Asked by Helen on December 29, 2015
Q: goodmorning, Anything new about this company? its been awhile since we had a update. Thanks, CR
Read Answer Asked by cliff on December 29, 2015
Q: Could you comment on yieldcos vs parent companies from the point of view of the individual investor. I understand that a yieldco should provide higher yield and more predictable dividend growth. But is there a tradeoff in terms of expected growth in the share price? Also, is one - ie, the yieldco vs the parent - more attractive than the other in registered accounts? I am particularly interested in ENB vs ENF.
Read Answer Asked by John on December 29, 2015
Q: Could you please provide your comments on this company. Is it good time to buy?
Thanks
Read Answer Asked by satish on December 29, 2015
Q: In TFSA I have 250 shares of XIC, I'm thinking trading XIC for MAW150 or MAW105. In RRSP I have MAW104 should I trade for MAW150 or have both. Would you consider fees to be too high. MAW150 fee in USF or Canadian?
Thank you
Read Answer Asked by Helen on December 29, 2015
Q: I want to segregate about 10% of my portfolio to provide income to cover some living expenses. I'm looking at this list of stocks for higher yields; EIF, MKP, GRC, ALA, AD, MIC, CHR.B, CPX, GH, RNW, BDT. Would you please provide your evaluation? Also, I'm open to other suggestions.
Read Answer Asked by Helen on December 29, 2015
Q: Looks pretty good right now-PE 5.7--EPS 3.03--Div 3.95%--Rev and Inc UP--
fundamentals look good--Insider plus Company buying shs--1st two weeks of Dec dropped $4 dont know why?--US$ helping profits
What do you think of them?
Best of the season to everybody
Read Answer Asked by peter on December 29, 2015
Q: I am trying to understand dividend payouts and their implications.
A fund manager on BNN who is shorting Enbridge claims that they don't cover their dividend adequately using profit parameters. He also assumes that they will need to raise cash to cover the capex needs that might prove difficult to raise from the market.
In an article by Tim Mc Aleenan ( http://seekingalpha.com/analysis/investing-income/all) he talks about BP having enough PROFIT to cover the divide: " unlike many peers BP still has enough Profit to cover the dividend"

Questions :

1.Please explain payout ratio's as to different parameters and how they can be evaluated.
2.BP: is it a wise investment if you feel oil will recover reasonably in a year or two ?
3.comments on Enbridge, its div., balance sheet and Capex.?
4. ( BNN person claims that cash flow can be interpreted in many ways while Enbridge claims their payout ratio is 50% of cash flow ??? ) what say you ????

I understand that it is a long question and may be answered briefly here. You may use it as a subject for a wider presentation (webcast ?) as many seniors like me seeking income, depend on Dividends and may have been burned ( like me) running after yield without knowing the dangers.
thanks
Yossi
Read Answer Asked by JOSEPH on December 29, 2015
Q: Wow...a lot of talk about pipeline recently at i5R. I have a 5% sector position in Pipelines, equal parts of ALA, IPL, KEY and PPL...plus the start of a full position in ENB, all in a registered account. Seeing how KEY has momentum, I am pondering replacing ALA with KEY. And also seeing the differential of p/e metric for PPL and IPL, I am considering replacing PPL with IPL. Another consideration is to concentrate in fewer positions, aka cutting down on the number of positions to monitor. What say you about these two ideas?.....Tom
Read Answer Asked by Tom on December 29, 2015
Q: Accordindg to morningstar, fund companies and institutions own 66% of stock of SYZ and insiders own 11%. This does not leave much of a trading float. maybe 5 million shares or so. Is this good for a company usually. Most larger INVESTORS cant buy SYZ in size. Would a stock offering be advisable by the company again if they can put the funds to good use.

Thx
Read Answer Asked by blake on December 28, 2015
Q: I hold a large position in North Quest Ltd, a junior gold explorer. Nordgold (LSE: NORD)owns 52 % of NQ and has announced that it will be making a takeover bid, offering $0.253 per share. NQ has just released the results of a glacial till sampling program that identifies a large, high grade gold anomaly in a previously unexplored part of the claims.
I feel that, because of this new anomaly the shares are worth far more than what Nordgold has offered.My question is this - if I refuse to sell my shares at the present offer is there any scenario where I can be forced to sell them?
Thanks.
Read Answer Asked by Edward on December 28, 2015
Q: I hold in my margin account stocks that are down:
BYD.UN (-4%)
CXI (30%)
MG (9% )
DOL (10%)

Can I transfer on January 4th.2016 this stocks in kind from my margin aacount to my TFSA account and have at the same time tax loss selling for 2016 apply to my margin account.
Read Answer Asked by Andrzej on December 28, 2015
Q: Hi Peter and Team!!! Hope everyone had a great Christmas Holiday. I have been religiously contributing to my kids TFSAS . They hold the following...ATD,BMO,BNS, ZWN, FTS, GWO, HHL, CBO, KPT, NFI. When the new year hits, I am ready to deploy the 5500$ allowed. I am looking at growth...Shopify maybe? What would you suggest? Have a Healthy and Happy New Year. Cheers, Tamara
Read Answer Asked by Tamara on December 28, 2015
Q: Please let us know your thoughts on "Principal At Risk" notes, specifically the CIBC Cdn. Banks Auto Callable notes recently offered.
The offering documents make them look very attractive with the potential for high single digit returns appearing to be almost a certainty.
Also any general comments on PPNs and "Principal at Risk" notes would be most appreciated.

Read Answer Asked by Dave on December 28, 2015
Q: Merry Christmas and happy new years.Thanks for sharing your knowledge with all of us. I just read a book by Marin Katusa titled The Colder War about world oil market. What is your view on the future of petrodollar ?
Read Answer Asked by victor on December 28, 2015
Q: In a portfolio it is generally recommended that you avoid a weighting of more than 5% per equity. My question is as follows. Assuming your total portfolio is 1M. The split 60% equities and 40% fixed income. On the equity side this would imply 20 stocks at an average value of 30K per stock to meet the 5% guideline. On the fixed income side does the same rule apply or can you say 2 ETF's at 200K each. Say 200K of CBO and 200K of ZSU as an example . It brings the weighting to 20% each. Notwithstanding one could probably go to a product that gives you the entire bond spectrum and put 400K in one ETF. What is your opinion and recommendation.

Always appreciate your incite and all the best in the new year.
Read Answer Asked by roland on December 28, 2015