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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,
I first have to say that I own this company stock. I also consider it the most creative and the most exciting industrial company today since my inroads with Kelso.. It also trade at very low price for it's future potential in my opinion
I think everybody should have a look at this company. They have released today a General business update that is worth at least reading.
I do not want to be perceived as a stock pusher, so as usual it is absolutely up to you to release.
It IS a microcap of course also!
Claude
Read Answer Asked by claude on October 27, 2015
Q: Hi Peter
I'm trying to find an ETF called "ishares trust Shs s&p GSTI technology index fund (IGM)" mentioned in the Globe today (Monday) as an upgrade. The only IGM I found was a financial company. I assume they are not the same company. Are you able to help me? If so, what do you think of this ETF.
many thanks.
Cam
Read Answer Asked by Cam on October 27, 2015
Q: Hi, I have owned McGraw Hill on the NYSE in US$ for several years and am hovering around a 300% increase (not including dividends). I'm fine to keep it as a steady-eddy but am thinking of selling half to buy DIS, especially before Star Wars is released in December. What do you make of that plan?

Thanks,
Robert
Read Answer Asked by Robert on October 27, 2015
Q: I have a large cash position and I am giving consideration to purchasing VCE Vanguard FTSE Canada Index and and VFV Vanguard S&P 500 Index rather than purchasing individual stocks based on the premise that generally indexes outperform managed funds and are less costly to manage. I would buy 60% VFV and 40% VCE. Would appreciate your opinions. With thanks, Bill
Read Answer Asked by William J on October 27, 2015
Q: Peter, can you provide any comments on my Consumer stock allocation. Each of the following stocks represent between 4 and 5% of my total portfolio: AYA; ATD.B; BYD.UN; CCL.B; DOL; and L. Please let me know if there are other Consumer stocks I should consider.

Thank you, Stephen
Read Answer Asked by stephen on October 27, 2015
Q: These are both financing companies and I'm trying to choose between them. You seem to like both. While Alaris has a pretty appealing dividend, I'm more interested in what my total return might be after 5 or 10 years, and less in how it's comprised. Which of the two might you suggest? (If one seems lower risk than the other, please factor that into your suggestion.) Thanks as always.
Read Answer Asked by James on October 27, 2015
Q: Hello 5i,
STP went into receivership in May of this year.
I have shares still showing in my account with a value of $0.
I have not been involved with a company that has gone into receivership before, so my question is how do I declare a loss on these shares if they cannot be sold?
Post if you think this is beneficial to other members.
Regards,
Read Answer Asked by Randy on October 27, 2015
Q: This thing is trading at a 20% discount to NAV and yielding over 8%. It's a portfolio of only 1st mortgages almost exclusively secured by income producing real estate. I know your going to say its size is small and therefore risky but I don't understand that? If I personally owned a couple of income property mortgages, wouldn't that be way more risk than a nationally diversified 275m portfolio of 1st mortgages? If the trading price fell much more, could shareholders push to have the thing broken up over the next 1-3 years as mortgages get repaid and capital returned to shareholders? Trying to understand the downside risk - even if rates increase, MTG has a short duration and its yield would increase as they could charge higher rates.
Read Answer Asked by Tom on October 27, 2015
Q: Thanks team, it is as I expected that you can pretty well issue a damning report on any company, make a quick buck and get away with no consequences! Proof is near impossible, why I am not surprise. I used to own gold miners and that is an old game. We will wait for the response from the company.

Regardless, these folks generated the desired panic effect without having anyone actually read that report! Talking about a perfect scam! It may actually contain nothing but praises of DH!

Again, good work team. I will likely ask more question on the DH responses. Thanks.
Read Answer Asked by Victor on October 27, 2015
Q: HI Peter,
I own Bank of Nova scotia, Royal and TD. All of these represent a total of 20% weighting in my portfolio. I basically plan to keep these for over 5 years and are part of the DRIP plan which allows me to buy whole number of shares. It appears that he short sellers have been successful at bringing down share prices of some Canadian Companies (ie. VRX, etc). Under what conditions would banks be hit by short sellers given the banks are fairly conservative? There is a big talk of the housing crisis, but I would think the banks are smart enough to withstand short term fluctuations in a correction. If there is a big short on the banks, i was simply going to add to my holdings or let it ride with more shares from the drip plan. I am assuming the Canadian banks will continue to do well in the long run. Thanks again for your input.
Read Answer Asked by umedali on October 27, 2015
Q: I always had bonds equally spread over a 5- year period. However, it is getting very difficult to buy bonds. Since i want liquidity, i am considering an etf like xsb or xbb.
I read that if interest rates go up, there will be a loss of capital equal to the average duration for each 1percent increase. For ex. The average duration for xbb is 8 years, thus if interest rate go up by 1% the unit price will drop 8%. If over the years interest rates go up 3% the unit price will loose 24%. Thus, i fail to see how i could ever recuperate the capital loss even if the distribution is reinvested.

Since many people are using bond etf, i must be missing something. Could you please tell me if my description of the risks associated with bonds etf is correct.
Thank you
Read Answer Asked by Monique on October 27, 2015
Q: When does the tax loss selling start (usual date)and when does it finish?
Thanks
Read Answer Asked by gilles on October 27, 2015
Q: Hi Peter I hold 22 stocks in my portfolio from time to time I call a company about the company or results I have never not been able to talk to a rep sometime it may take a day or two but I have always been able to contact a rep .Not so with DH a month ago I called about their plans on debt offerings as my equity was getting high I never received a call back.NOT A GOOD SIGN
Stan
Read Answer Asked by Stan on October 27, 2015
Q: Hi team:

I currently own WEF and is underwater. I like to switch WEF to SPB (at heir current prices) for better yield and growth. I think with SPB buying Canexus it should have a much better long term prospect than WEF and it already provides a better yield as is. Am I right in this thinking?

Please help me out here, especially on which company is in a better position to maintain that dividend yield.

Thanks.
Read Answer Asked by Victor on October 27, 2015