Investment Q&A

Q: I donate 50% of my CN holdings to a charity which from the looks of things will get less for them than I'd hoped. My initial plan was to buy back the stocks, but I'm wondering, based on some of your recent comments, if I'd be better off buying CP or perhaps another industrial stock. I own some Stantec and Stella Jones, so I'm not totally undiversified in the sector. Many thanks, and in case this is my last before Christmas question, Merry Christmas to you and yours.

Q: I own 1000 shares of capital power cumulative rate reset preference shares series 1 which are down 60 percent. I am being given the option of converting ie to receive one capital power corp floating rate preference share series 2 for each capital powerccorp cumulative rate reset preference share series 1 converted. Shareholders who do not wish to convert their shares to this offer need not submit instructions. So would I be better off converting. I bought these preferred shares not really understanding preferred shares. Lesson learned.

Q: Hello -

Is there any issue in investing in this (type of) company within an RESP?

Thanks.
Jim

Q: I get a bit confused with the effect of the Canadian currency on AVO. In general will a falling Canadian dollar be positive or negative on their earnings.

Q: Enbridge took a nasty hit today,down 7%. Any reason for the fall outside general meltdown on price of oil? Good opportunity to pick up some share on the cheap here?

Q: Do you feel the dividend is sustainable for this company at $35 oil? Thanks.

Q: Hi:
Will there be a price that Teck becomes a buy or is it a total stay away.
Thanks: Jerry

Q: I see your not a fan of Robert Friedland, but he certainly is a deal maker (must be very well connected).
I have been watching Ivanhoe for a long time and picked some up recently. With the deal with Zijin and the Platreef holdings, plus the commodity market being so out of favour I have a hard time seeing how this can't be a good buy over the next couple years.
Your opinion please and thanks for your fabulous service (I'll be a member as long as I'm in the market)

Q: Hi Peter, in O/G we have only Tou. While the small/mid caps may rebound higher on a percentage basis when things turn, it's certain the large caps will be around a long time to come and likely benefit if they buy up smaller/depressed Co's at lower costs. Of the larger caps who do think will fare the best 2-3 years out ? In the shorter term which of the larger caps do you feel has the best current business (inc refining etc) ? Thank you.

Q: I own DR, NWH.UN, CSH.UN, SIA, and a small bit of EXE. I hold them for income. What other names in this sector can you suggest as reasonable additions to the stable. Income is my primary focus, but I am not averse to capital gain as any addition will be in my margin account.

TIA for any suggestions

Q: Hello Peter,
Would you consider TD, Royal, Bank of Nova Scotia, Fairfax, BCE, Fairfax Financial, Manulife, Brookfield Management, Brookfield Infrastructure, Enbridge, metro, Loblaws, Google, Facebook,Visa as very long term holds where one can simply get the dividends (for some of these) and not worry about ups and downs of the market. I know you have covered these in the past, but am re-aligning my portfolio to focus on very long term holds. Thanks again for your advice.

Q: Hi team, Any reason you know for the sharp drop!
Thank you!

Q: I am super down on these companies. Of these, should they recover suddenly as an end to tax loss selling ( Dec 23 I believe ) which would be more susceptible to being a
" Dead Cat Bounce" rather than a fundamental recovery. I will need to raise some cash soon to redeploy but don't want to miss on any true recovery. They were in my TFSA so tax loss selling was of no use to me.

Q: At 3:08 this afternoon, trading was halted for this stock. The only reason stated was: Pending News. Do you have any information as to what is happening or about t happen?
http://www.newswire.ca/news-releases/iiroc-trading-halt---hcg-560834301.html

Q: No one wants to try and catch the falling knife, but would you be adding to oil positions in this sector pounding?

Thanks,

Eric

Q: Just confirming that todays down turn is oil related. Do you foresee this as a short term event and if so would you put money into oil stocks as the powers that talk on TV say to do. Where would you place your money in this sector.
Thanks Bob

Q: Another bad day for WMB. I've seen my profits fade to almost nothing. Is your advice to sell or hold? It's in my RIF.

Q: Hi,
Please rank your order of preference for these 3 stocks with any significant reasons why you may have ranked one higher than another. Considering starting a speculative position in 1 or 2 of them for a long-term hold, sector weightings aren't a concern. Thanks.
Chris

Q: Coudn't find any industry news but WCP is down a whopping 12% today.

Have you heard anything?

I don't own it yet cause I hate the business right now. Given the steep decline would you suggest stepping up or standing on the side lines at this point?

Thanks

Q: Keeping in mind the current meetings in Paris and the possibility that world governments will be more prone to support the development of wind, hydro, solar, efficient lighting (LED),hybrid cars, and other ways to reduce carbon emissions, what companies, in your opinions, are poised to make increased profits right now. I'm not interested in companies that will do well 5 years from now but companies that are currently seeing an increase in profits now because they are ahead of the curve regarding the need to deal with climate change. I realize you focus on Canadian companies but I hope you might give me your opinions on American/global companies as well as Canadian. ETF suggestions also welcome. As always, I appreciate your guidance/opinions.