Investment Q&A

Q: 35% of mortgage loans in Alberta and all in Sask. are non-recourse where you can walk away from the mortgage if you're under water. I see HCG has a Home Trust office in Alberta; would you know how much of this type of lending HCG does in these 2 provinces or is this info even available? Can one know which are the biggest lenders in these areas - the big 5 banks, perhaps? We do know the Bank of Canada is concerned about some housing prices being up to 30% overvalued and FP did a piece on this recently:
http://business.financialpost.com/personal-finance/mortgages-real-estate/you-can-walk-away-from-your-mortgage-if-you-live-in-alberta-but-should-you

Q: Are there any plans to initiate coverage on Concordia? In the meantime thoughts on adding as larger cap more stable compliment to PHM assuming it is the only other healthcare stock in a portfolio? Unless you think one of the two smaller health care stocks covered, pli and gud would be appropriate? Cheers

Q: I have been a happy owner of CHE.UN in a tax advantaged acc't. for some time but have noticed price weakness recently. Is there any company specific or sector specific news to explain this? Also, does the ownership suggest major holdings by institutions or insiders? Thanks for all you and fellow members do. Bill

Q: Hi, I am considering selling an ETF (cdz) and replacing with JNJ for my RSP. Is this a good move?. This is about 3% of my overall portfolio. I also own GSK for about 2% of my portfolio.Thanks.

Q: Thoughts on this company?

Thanks

Robert

Q: Today I read the following report on Stockhouse.....

"Retrocom Real Estate Investment Trust (the "REIT") (TSX:RMM.UN) announced today that it intends to reduce the REIT's annualized distribution from $0.45 per unit to $0.30 per unit. The new distribution would represent a Funds From Operations ("FFO") payout ratio of 70.8%, compared to 106.1% as reflected in the REIT's first quarter reporting, and would represent a yield of 8.3% based on the June 16, 2015 closing price of the REIT's units on the TSX. The REIT also announced that it will be changing its name to OneREIT in the coming months."
What are your thoughts on growth with this considerably reduced payout ratio ? And what is your opinion on the quality of their existing property portfolio regarding safety of the new reduced yield ? And your thoughts on the company in general relative to reits with similar yields ? So far I'm inclined to take a position in D.UN or CUF.UN based on questions I asked recently but the reduced payout ratio for RMM.UN interests me from a growth perspective.

Q: How do you think the market will react to RMM.un`s distribution cut announced today at the AGM.
http://www.bnn.ca/Shows/The-Close.aspx?spMailingID=11985283&spUserID=NDMyNDYzOTYzMDgS1&spJobID=523590000&spReportId=NTIzNTkwMDAwS0
thanks

Q: I hold four tech stocks at present (ET, DH, GIB.A, ESL) and would like to add a fifth. Would you favour adding MDA or OTC to this mix, or suggest another stock? Thank you, Barrie

Q: Stock hitting new highs. Have been watching it but have not bought. Too late to initiate a position? What is the insider ownership? Thanks.

Q: hi

In my non-registered a/c:
I'm down 23% on Russel Metals. I have a 2% position. Industrials make up 10% of my holdings.

I'm down 10% on Artis. I have a 2% position.
REITS make up 16% of my holdings.

I have this urge to average down whenever I lose 10% or more on a holding.

Should I resist the urge to add to my REITS and add to Industrials instead? The 8% yield on Artis is appealing.
Thoughts?
What Sector would you be overweight in these days if any?

Thanks

Q: bnn reports today that dsg is one of the most shorted stocks in Canada (8%, 38 days) is this a transportation sector bet or do you see something I do not...thanks for the service

Q: Any idea why prism medical is falling?

Q: Peter: I have cash in my usaccounts and wish to purchase a USA regional bank. Could you provide info on any good choices?
Thanks

Q: Your updated views on TPK please. I noticed Cormack recently initiated coverage of the Company. Based on their estimates, the Company trades at ~5x EV/EBITDA with ~14 fcf yield, 3.5% yield + 25% payout ratio.

I find this to be abnormally cheap for a company with decent growth prospects and a high margin business. Would you recommend purchasing shares? Have you met management?

Cormark thinks a reasonable multiple is 8x EV, which i tend to agree with. That yields a target of 13 dollars, which is considerably higher than the current share price. What do you think?

Q: Any thoughts on the earnings, the reaction and would you consider it a buy on this drop? Thank-you

Q: Hi Folks,

In all of the 5i Portfolios are there any stocks that offer DRIPs at a discount to market price that you now of?

Thanks

Q: Came across this micro-cap stock that has recently started to pay a dividend. What do you think of this stock?

Q: Good Morning,

I Hold CJR.B,CHE.UN,PZA, and BAM.A and each has weight of 5% in my portfolio. Which one of these are interest sensitive and should I continue to hold them or which one should I get rid?

Except for PZA I am all under water in each one of them. PZA has been going down since the bought deal. Usually a bought deal is there to buy another company and not for operational purposes since it dilutes the share earnings. What do you think this bought deal will be use for?

Tahnks
Paul

Q: Hello Peter & Co,
What is your take on Sun Life's all cash acquisition of Bentall Kennedy? I understand that they already have a 10-year working partnership (they must know each other)
Thanks,
Antoine

Q: Any new research on FirstService (FSV-T) commenting on Colliers Int'l spin off??