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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: Having only recently added Amaya to my portfolio, The G & M article this weekend was more than coincidental. Can I assume that today's 5% drop was a result of the negative features in the article. Are you still moderately or aggressively bullish on this company?
Read Answer Asked by Claus on June 15, 2015
Q: Please explain "rate reset preferreds" (not necessarily just ENB/ENF) and how to invest in them.

Thanks much.
Read Answer Asked by Hanna on June 15, 2015
Q: Shopify has rocketed up since IPO and going higher each day, espcially last few days and Globe and Mail said many shares are bought by institution as their holdings has become very substantital.
How is their business revenue and profitability, and growth prospect. Is this a hype or fundamentally very sound?
Is it too late to buy?
Read Answer Asked by Kevin on June 15, 2015
Q: Hi Peter & Team,

Could I have your opinion on the rails since they have all pulled back ? Particularly looking at NSC with its favorable u.s.dividend.

Thx
Dave
Read Answer Asked by David on June 15, 2015
Q: Could you please provide your analysis of PEO recent acquisition.
Thank you
Read Answer Asked by Mark on June 15, 2015
Q: I bought this preferred just recently for a price of $25 and it has gone down steadily since then -- it now has a bid of $24.35. It has a yield of 6.5% and I bought it for income but if I lose in capital what I am gaining in income it doesn't make me happy (grin). What do you think the future holds for this preferred?
Read Answer Asked by ken on June 15, 2015
Q: Hi Team, I hope I am correctly identifying the stock-sectors. Please correct me where I am wrong.
GROWTH Portfolio:
CDV- InfoTech.
PUR- InfoTech.
TC- InfoTech.
EFN- Financial.
IT- Cons. Discretionary.
BALNCED EQUITY Portfolio:
AYA- Cons. Discretionary.
DSG- InfoTech.
FM- Minerals/Materials.
WCP- Minerals/Materials.
ATD.B- Cons. Staples? Thanks so much. sarah.
Read Answer Asked by sarah on June 15, 2015
Q: My good friend, curious about my 5 year CAGR of 15% - aided and abetted by 5i - and unhappy with his professionally managed portfolio that is flat over 18 months, asked me to take a look.

There are two major problems:

Not only is a stupendous 53% of the portfolio in 5 banks, 3 Canadian and 2 U.S. but another 16% is in 6 energy stocks, and 11% of the portfolio is in CPG.

This is of course patently ridiculous.

All six energy stocks are substantially down. The question: on a go forward basis do you see any hope for these six or should he just cut and run and of course diversify?

Thank you
Read Answer Asked by Kim on June 15, 2015
Q: Peter and Team:
I am fairly well diversified in the North American markets, but feel I need more International exposure. You have spoken highly of Mawer Funds in the past (knowing you are not big fans of MF's), and I was wondering if you could provide an opinion on MAW150 and MAW120 as a way of achieving this exposure. Are there ETF's that might be better? Are there any tax differences between international etfs vs MF's if they both trade on the TSX? Also if going with a mutual fund is there any advantage through buying through the fund vs through my discount brokerage? Please dock a couple of question credits for this one to be fair.

Thanks as always.

Phil
Read Answer Asked by Phil on June 15, 2015
Q: Your thoughts on todays announcement of sale of assets. Surge looks even better to me now and I am considering increasing from half position to full.
Read Answer Asked by ron on June 15, 2015
Q: Thoughts on their royalty agreement with the dutton group announced June 9th?

Thanks

Robert
Read Answer Asked by Robert on June 15, 2015
Q: Good morning. Unfortunately, I have a large part of my holdings locked into a company RRSP program. There are decent, not great, mutual funds to choose from. I have about 18 years to retirement and am almost 100% in equities. What would your rough advice be for %-age in large cap dividend, midcap, and small cap be? With funds it is tough to get as low a weighting in financials and materials as you recommend. Amy suggestions? Thanks, as always for your excellent service!
Read Answer Asked by Derek on June 15, 2015
Q: Hi Peter and team, great job as usual. Are you contemplating a US model portfolio? If not , I have 50K US to invest for a 3-5 year period, obviously I would like to keep it in US$, hence US stocks. Risk tolerance, moderate. Could you recommend a diversified portfolio with a 5% weighting. I have absolutely no knowledge of US Stocks.Thanks for all your great advice. Ivan
Read Answer Asked by Ivan on June 15, 2015
Q: I believe we are on the cusp of a technology super cycle - vehicles/homes/workplace. What are some companies poistioned to benefit from this cycle?
Read Answer Asked by Jason on June 15, 2015
Q: Can you give us a more detailed analysis of CXI at this point? Was there any more information given on the most recent earnings call provided more information?
Read Answer Asked by Eugene on June 15, 2015
Q: Cud you advise if there is a site that would have a calendar of Canadian stock splits for 2015 updated quite regularly.

Tnx for your great work.
Read Answer Asked by Jacques on June 15, 2015
Q: Can we get your thoughts on the latest Globe and Mail article on the Amaya investigation? I've noticed that the G&M seems to have a constant barrage of negative articles on Amaya.

http://www.pressdisplay.com/pressdisplay/iphone/homepage.aspx#_article6254f587-d220-48cd-9ee7-14d14de8b851/waarticle6254f587-d220-48cd-9ee7-14d14de8b851/6254f587-d220-48cd-9ee7-14d14de8b851//true

Does the AMF have to report the results of their investigation at a certain date or could this drag on for years?
Read Answer Asked by Arneh on June 15, 2015