Q: What are your thoughts/recommendations on Gran Tierra Energy at the moment? They have posted greater than expected production for Q3 and strong cash flow results. Garry Giudry is their CEO and is known for his ability to build a company up and sell it.
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Asked by Terrance on November 06, 2015
Q: One of your subscribers is cautioning that the major shareholders could take the company private and laugh all the way to the bank. Please explain: does that mean that current shareholders of wilan woukd receive next to nothing for their shares? I own a lot of wilan for the dividend Ha! and am wondering if like Graham it is time to get out.
Q: earnings reports out yesterday for both of these companies. They comprise about 15% of my portfolio (I know, don't ask !!). earnings were there for both so better than a loss...should I continue to hold. Tourmaline mgmt. is adored (seemingly) but limited info on ESN....
Q: Good morning,
A general question regarding etf's versus mutual funds. It is commonly accepted that except for rare occassions it is better to own etf's as oppossed to mutual funds. This because of the high mer's and relatively poor performance of mutual funds. In checking this thesis out for a friend,though, i find that his funds see. To have vastly outperformed the tsx. In the case i am showing you it is Franklin Bisset Canadian Equity. I checked it out on Morningstar. Am i missing something here? I imagine it is because the mer fee comes around every year and even though the fund beats the index over say a five year or ten year period, those fees dig deep. Having trouble understanding how you would calculate this.
Thanks claire
1 Yr 3 Yr * 5 Yr * 10 Yr *
Growth of 10,000 9,495 10,463 9,564 12,900 14,032 16,826
Fund -5.05 4.63 -4.36 8.86 7.01 5.34
+/- S&P/TSX Composite TR -0.78 2.03 -2.18 2.37 2.83 -0.11
+/- Category -2.28 0.98 -3.51 0.78 2.09 0.69
% Rank in Cat 77 30 86 40 17 26
# of Funds in Cat 427 476 425 308 228 97
* Annualized returns.
Data as of 04/11/2015. Currency is displayed in CAD.
Q: I have heard a number of analysts recommend Europe as a place to invest. Can you recommend some European ETFs and do you think the European market looks interesting?
Q: Hi Peter,
I have small positions in valeant, Concordia, and currency exchange international. I was thinking of adding to these given the pullback. Also, I was thinking of increasing my weight from 3 to 5 percent for Enbridge as it now has a good dividend given recent pullback. Please provide your comments and thanks again for the advice.
I know you've been getting lots of AVO questions, but I want to get your thoughts on what it will take to finally move the stock up. It seems like the results were overall solid, and the fundamentals of the company are very much intact, but it just keeps getting punished. Do analysts and investors just generally dislike this company so much that it'll never get the benefit of the doubt. I'm starting to get a little impatient with it, as I'm sure a lot of others are.
Q: Just a comment as it appears some folks are still buying. How does this Enron style Co. justify financial statements listing
over 17B in Goodwill & Net Intangibles over 22B! Why, this puts them in the same value class as Johnson & Johnson. REALLY!
Q: I have held BCE for about 10 years and it currently represents about 6% of my portfolio. It is my only telecom holding and I am wondering weather it may be prudent to take advantage of todays pullback in Telus and sell some BCE in favour of Telus (or other suggestion?) to be more diversified in the sector. Is 6% reasonable for the sector? These would continue to be long term holdings assuming the status quo in the industry.
Q: with an implied value of 6.54 and a closing predicted for march/ april 2016 and exact earth spinoff where will shares trade tomorrow , i am guessing 6.20-6.30.
by the way great pick everytime it went down and it did jump around a lot i bought more, have a huge position. now my other huge position knight , but this one i am not worried, not with all that cash and expertise. dave