Investment Q&A

Q: Anything to add to your comments on IGM of July 7? Has there been any negative news out there?

Q: Have a 4% position in Allergan (formerly Actavis). Would you recommend selling all or a portion given the Teva takeover of the generic drug division, or continuing to hold.

Q: Do you have any further opinons on this since May 27/15?

Q: The six major Canadian Banks are now at or approaching their 52 week lows and paying healthier dividends. Would you step in now or do you see further price deterioration and which two would be your favourites and for what reasons?
Thank you.

Q: After the latest quarterly earnings report from Titan Logix, the market moved lower by approximately 25% with news that business is waning and hurt by the slowdown in the Canadian Oil/Gas sector.

Any comments whether it's a buy, sell or hold at this point.

Q: My question has to do with portfolio rebalancing and how that differs from timing the market. I regularly trim my winners (although they are getting harder to find!) so that no one equity gets too large within the context of the portfolio. With the proceeds, I either buy an interesting looking new idea (which usally means also selling a loser to retain portfolio concentration) or to increase a position in a currently owned equity. But I notice that from time to time, when asked about portfolio weightings, you do change the weightings to reflect your latest assessments of the market - for example you recently suggested that it might be best to hold off on material sector companies (I trust I am not misquoting). So is portfolio review an ongoing activity or more of a a structured event which usually is done quartely semi-annually or annually? If structured, how often should one do it and is that when I should sell or trim winners?

Appreciate you insight.

Paul F.

Q: This is one company that seems to be bucking the trend in the gold miners. What is your opinion. Would you continue to hold (it is in an RSP). What do you think of it going forward. Thanks so much.

Q: Any thoughts on their latest earnings? How "safe" is the dividend? Thanks for all your great work.

Q: I am considering adding an oil producer (WCP) to my portfolio which has 2% invested in PEY, TOU, & VET. My thinking is that if the break-even for most North American producers is $70- 90.00, and even the Saudi's are at $27/bl, then $47.00 is not sustainable. The big question is how long the price stays low.
Would you recommend starting to add WCP and building over the coming months or are there indicators you would want to see before making the investment.
Many thanks
Mike

Q: What's your assessment of this new auto REIT and the safety of the 8% yield? Do you know when they will pay the first dividend?

Q: Hello Good People,
I just received notice that CDI and TDG are going to be one. The offer is $5.90 per CDI share or approx 1.0631 TDG shares, which one should I accept. Many thanks for help.
Bob.

Q: This company is advertised as Royalty play with 3 mines in Canada and 3 mines in Australia. Can I have your opinion as an investment now.
Best regards
Harold

Q: Is there a specific reason why gold stocks are down a lot more than the spot price ? Is it only related to the China purchase being way lower than anticipated ?

Do you recommend adding to Goldcorp at these levels. I now have a 3% position ? Thank you.

Q: I bought some fairfax preferred (4.75%) a few months ago thinking the downside was limited. However, I am already down about 13%...

I also own the laddered preferred etf ZPR which is down more than 20%.

Can you please explain briefly why they are down so much and what should be anticipated at maturity for the fairfax shares. Thank you.

Q: Would you recommend FN/MKP at this time, do you think the dividend is safe, would you think these stocks will take more of a hit? Would this be an OK place to park cash for 1 - 2 years. When interest rates rise, will the stock price erode further? What is the payout ratio. I Understand that this investment would be mainly for income?

Thanks for your service,

Q: Although my exposure to oil is manageable, I have accumulated over time various small positions in oil related companies such as: cos, bxe, rmp, cfl, bdi, frc, sgy, bte. I am trying to consolidate into only a few names going forward but was wondering if any of those name are now outright sell. With the current selloff I am either even or down on the names. Thank you.

Q: Hi 5i: DH Corp does not seem to have dropped along with the market. Do you still think it is a buy at its current P/E? And how would you rate its debt level?

Q: Any news on the situation at PHM? Should we be concerned with the selling, if that is the case?

Q: Hi Peter: A while ago you commented on huge trading activity of funds at the end of a quarter. Would the end of the quarters be end of March, June, Sept. and December or some other end points?

Derek

Q: I own Cigna. Would you wait for the deal to be approved by regulators or sell now?

THX