Investment Q&A

Q: In Johnathan Goodman's comments this morning, following release of their results, he indicated he will not rest until Knight realizes the same gains as Paladin (paraphrased). Do you see the possibility that this stock will go from $9 to $140 and was there anything in their year end results that gives a hint this is even remotely possible??
On another note, what happened to RMP Energy?
Thanks.

Q: Good Morning!
Will the growth portfolio be all Canadian stocks? The new portfolio with its about 25 stocks will be my entire growth portion of my overall portfolio. And is it it wise to put all my growth investment in Canadian stocks?

Q: Your thoughts on Mic Us

Q: What is your view of RMP's earnings update today and would you continue to hold? Thanks.

Q: Obviously RMP's earnings were not good. Can you please shed some light on how bad their earnings miss was and future prospects in a low price oil environment. Thanks

Q: Hi, could you please provide some commentary into what to what to look for when it comes to listening to the conference calls when earnings are released. I find them to be quite informative but realize the CEO/CFO want to paint the rosiest picture they can, and the questions analysts pose sometimes seem somewhat on the softball side. Any insight to this would be appreciated. As always, thank you all so much for this.

Q: Hello, I see you have had a few questions on this company recently and I too am intrigued with it. I personally am hesitant when any stock is considered expensive and would like to know what you would like to see change in the companies metrics that would make it a bit more palatable. Thank you.

Q: Hi Peter and team,

Patient Home Monitoring is a Canadian company but all or most of the business is in the US. Is the business model stable. Can you kindly let me know about the revenue and profit is stable as well. Is this a good buy because the company stock has triple in the last year. Thanks.

Q: Hello Peter and Team.

I’m an income investor and currently have 27% of my portfolio in cash.

The other 73% is distributed as follows:

US Tech 11%
Oil & Gas 4%
Consumer 8%
Cdn Banks 12%
Utilities 26%
REITs 12%

I’ve been in and out of the Telecoms and think they are somewhat expensive right now. The Cdn Banks on the other hand look like an attractive sector to add to and I can collect the 4% dividend while I wait. I have a full position already in BNS and would like to add Royal and TD. Maybe 6% in each? or should I just stay in cash and wait for a further pullback? I’m worried about the US markets correcting which will just take everything else down with them regardless.

What do you think?

I know I need to work on better diversification but I don’t want to put new money to work just for the sake of diversification as I view this to be a ongoing discipline. Right now the CDN banks are the only thing I see as a strong buy aside from O&G which is interesting but still a little too risky for me to commit new money to vs. the Banks or am I missing something?

Thanks as always for your excellent advice. Scott

Q: 3:47 PM 3/18/2015

Hello Peter

I read your excellent article "Five quick fixes for your investments" and I quite agree that dividend growing stocks are an excellent choice. You mentioned Corby CSW.A and I have a 3% position in it already largely due to your comments on it recently and over the last year. Thank you so much.

My problem is I require dividend income and if I were to buy a wonderful stock with a 1% current dividend yield growing at 10% a year it would take 14 years for the dividend to grow to 4% which is what I need.

So my question is can you suggest for me several Canadian dividend growers [not in financials, materials, oil, energy, pipes, or utilities as I am maxed out in these sectors] that currently have yields in the 2.5% to 5% range that would be consistent dividend and stock price growers, with lower beta, be relatively recession resistant, and have a competitive advantage in their respective industries.

These sort of stocks are hard to find and there may be only a few!

Many thanks........... Paul K

Q: I loved your article; Five Quick Fixes For Your Investments.
I am especially interested in the following: Dividend growth is far more important than dividend yield.

I know there exists the Canadian Dividend All-Stars list, however, it contains an overwhelming amount of data. Can you recommend about 8 Can. stocks to buy now and hold indefinitely primarily for the dividend growth, with the intention of re-investing the dividends? (This would exclude the banks and BCE, which I already own.) Thank you in advance.

Q: Given the outlook for oil, is CFW worth holding? Do you think that the dividend is safe?

Q: Do you think its a takeover candidate for their assets

Q: Given the structure of recent financing(s) does it cap the stock here in a tight range (14.00-16.00) for a while? Acquired companies received millions of shares in IT that I believe they are free to sell to crystallize their profits. I know know insiders are buying (today's news) but it's not huge given their net worth in the stock. It's positive of course, but seems curiously times.
I was thinking it would be a "no brainer" buy under the subscription receipt price of $15.00 but I'm not sure. Peter, what do you think?

Thank you

Q: Hello Team could I get your thoughts on Arx. I thought I saw in it's finacial report that it's payout ratio is over 100% and it's debt ratio is climbing. This concerns me due to the price of natural gas. I am up on the stock but wondering if I should not sell before they cut their dividend. With that I was also looking at buying some williams cos/partners wmb but looking at selling my Pembina - ppl stock for it. I also hold some trp. What are your thoughts on that

Q: Hello Peter and helpful team,
Yesterday on BNN John DeGoey recommended COW, CWW an ZGI and they seem like decent ETF's to me. I'm looking for 5 ETF's for my 4 nieces and nephews (age range from 18-24 years old) and my 45 year old brother-in-law. I've been trying for years to turn them into investors without any luck. At the very least I've tried to steer them away from mutual funds. They all have about $20,000 sitting in bank accounts. If you could recommend 5 equity ETF's for them to begin their investing careers I would really appreciate it.

Thank you,
Brent

Q: Hi guys, was wondering if you can comment on the following?
a) approximately how many holdings will the growth portfolio have; and
b) if one was starting with less capital than the portfolio assumes (e.g $50,000 vs. $100,000), is it generally better to still add the proportional amount of all securities suggested? Or would it be better to hold say half portfolio and add remaining positions over time?

Q: Oil is down today but wcp,cpg,sgy,tog are up 3-5% What is up?

Q: Hi Team
Love your service.
Feedback from yourselves and Ross Healy, who I really respect, it is always impressed that one should have some small percentage of ones assets in gold, or gold stocks. I have small positions in both Goldcorp and Argonaut Gold, both of which are substantially under water. I was going to add to one of these to increase my gold weighting to 5%. Tempted to buy AR which I believe would give more upside potential, but I realize is the more risky stock. Just would like your thoughts on this plan. Is AR a solid stock with a good cash position, low gold costs, and an outlook to increased production. Or is the risk not justified?

Much thanks

Stuart

Q: My SGY is my worst performing stock down 70%. I just don’t know what to do. Will it survive or crash and burn? Do I sell at this HUGE loss in my TFSA or buy more or hold?