Investment Q&A

Q: Hi guys,

I'm a Dow shareholder, and while I know your focus is not US, I was wondering if you could offer some clarity on the upcoming merger/sale of Dow's chlorine division with/to Olin Corp. The prospectus talks of exchanging Dow shares for "Splitco" shares, into Olin shares ...
Any clarity and advise you can offer is much appreciated.

Q: Do you think that Strad can maintain their current dividend for the upcoming 12 months?

Q: Both SJ & Byd.un are to be added to TSX composite.I understand your reply on the latter today. A question--Will it results in more volume temporiarly as there is a requirement for some to buy stock added to the composite?.Appreciate your normal great services & Views. P.S.Saw Ryan on BNN today

Q: I originally bought these preferred shares for income. I knew that there was a risk if interest rates moved up, but I never envisioned the volatility that this stock would have this past year. If I am still investing for income, do you see the current stock price and high yield as an opportunity to buy more shares to improve my yield in my portfolio?

Q: Today, Barbara asked you for the name of five companies you would consider a buy in the oil sector. I noticed that you didn't include WCP. Does this mean you don't think it is a buy at this time? I currently have no oil exposure and was thinking of starting with WCP.

Q: Hi Peter & Team,
I plan on taking a sabbatical for a year after working overseas for 10 years. I have 1 mill. approx CAD to invest and want to live off dividends, travel and not worry about my portfolio. Therefore I want a SWAN portfolio and am thinking the following:
Financials 20% (BNS, TD, RY, BMO) - Avg Yield- 4.4%
Pipeline/Utilities 20% (ALA, AQN, ENF, IPL) - Avg Yield- 5.52%
Telecoms 20% (BCE, T) 4.4%
REITS 20% (CSH.UN, AX.UN, HR.UN, CAR.UN) - Avg yield - 6%
Energy 20% (WCP, CPG, HSE, TOG) - Avg Yield - 7%

Average Yield - 5.46%
As an non-resident I simply pay 25% tax and therefore would have a budget of $41,000/yr or $3,400/month.

What risks am I not considering with the above?

Are my stocks and sector weightings reasonable?

Q: I'm a long-time holder of FRU having weathered its stock price plunge from the 20s to 9-ish as well as suffering at least two dividend cuts. Notwithstanding today's relief, I believe it's time to move on. I am trying to avoid vehicles such as FRU that spring these surprise cuts on investors who rely on dividend income. Would you agree with my move and where would you suggest I go to replace income from FRU?
Thank you.

Q: Hello,

The newly issued Inspira is trading at 0.5X loan book. I was wondering what you thought of the company, if 0.5X is cheap, and where you see the stock price going. If the management can get the company to a 500 million loan book, what prediction would you have for the stock price. Also, any update on what the loan book is at now? There seems to be little communication from the management team. Thanks

Q: Please give me your opinion on the above co. Thanks

Q: is gxe worth holding, i'm buried on this one. looks like their debt is high with no money. i need a black or white answer.sell or hold. i paid 5.50 for this one. tkx pat

Q: What are the payout ratios, which do you prefer for growth and sustainability/increasing dividends? Thanks for your service.

Q: With respect to your recent research report on ESL, it appears as if at least 96% of ESL's revenue comes from outside Canada. It seems strange to me that one of our top IT companies does practically no business in Canada. Are your revenue mix figures correct? Thanks

Q: Mr. Smedley had T.TOY as a top pick last night. If one were to buy a hundred shares to a growth portfolio would this be a wise move. (I already own all stocks in all 3 of your portfolios). You have never had a question on this stock.

Thanks for the great service.

Mike

Q: Peter

You once indicated that you had Priceline as a company with a superior business model long before its stellar gains. The results are borne out in the linked article. Wouldn't it be FUN to find the next 4,000% gainer?

http://www.marketwatch.com/story/10-stocks-you-should-have-bought-the-last-time-the-fed-raised-interest-rates-2015-09-16?link=sfmw_fb

Q: Hello,

- Is it a good time to add to VLN ? Any reason outside the weak market for the stock to be down ?

- PHK is going down a lot these days ... Can you explain why ?

Thank you

Q: My 20 year old son has a question for you as follows:
Hi peter,
I have a tfsa which i am looking to add to. My holdings are the following:
AVO- 10.8%
BNK- 10.1%
ENB- 15.6%
XTC- 15.6%
OTC- 15.4%
PHM- 5.4%
RMP- 7.7%
WIN- 18.8%

I was considering adding BNS & SLF.
OR
I was considering adding a large position in a mutual fund.
Would you please recommend what to add & potentially what i should sell.

Thank you!
Chad

Q: Geo is seeing extremely large volume today. Do you see an explanation for the activity? Is something up?

Q: Hello,

I am thinking of starting a position in Pizza Pizza. Your thoughts? It seems to be paying an attractive dividend being well supported. Also there seems to be a good amount of insider ownership. Would like to hear your comments.

Thanks.

Q: Just wondering your opinion of CN amending it's Normal Course Issuer Bid to allow it to buy from a "Third Party" from Sept 16th - Oct 23rd its own shares for cancellation....

MONTREAL, Sept. 11, 2015 /CNW/ - CN (TSX: CNR) (NYSE: CNI) announced today that the Toronto Stock Exchange (TSX) has accepted CN's amended notice of intention to make a Normal Course Issuer Bid (the Bid). The notice has been amended to permit the repurchase by CN of its common shares under a specific share repurchase program (the Program) during the term of the Bid. The purchases will form part of CN's Bid for up to 28 million shares announced on Oct. 21, 2014.

CN will enter into an agreement (Agreement) with a third party to repurchase its common shares through daily purchases that will take place from Sept. 16 to Oct. 23, 2015. Pursuant to the terms of the Agreement, and subject to the terms of an issuer bid exemption order issued by the Ontario Securities Commission (Order), the third party will purchase CN's common shares on the open market in accordance with the rules applicable to the Bid. The price that CN will pay for any common shares purchased by it from the third party under the Agreement will be negotiated by CN and the third party and will be at a discount to the prevailing market price of CN's common shares on the TSX at the time of the purchase. Information regarding the number of common shares purchased and aggregate purchase price will be available on the System for Electronic Document Analysis and Retrieval (SEDAR) at www.sedar.com following the completion of the Program.

Is this just a way for CNR to repurchase more shares in a shorter period than it would be allowed to do on it's own?
Also I see the results of the "Program" will/does not get reported to SEDAR until it is over, just prior to CN reporting its 3rd Quarter results. Do you have any idea who this Third Party might be?

Thanks in advance,
Scot

Q: Any thoughts on this new ETF? I have seen numerous efts for covered calls but don't think any for puts.

Thanks,
Tamara