Investment Q&A

Q: Good Morning!
Thank you for keeping me calm while I rode through the September dip. I could hardly believe that I kept my head and bought Magna when it was down! I sold some gold at a loss to make the purchase, but I'm almost back up to where I started in August.

Magna is dropping slightly after a quick dip and recovery this week. I am trying to figure out the fluctuation and the drop. As a learning investor I need some help to understand this November 10th news release: "TSX Accepts Notice of Intention to Make Normal Course Issuer Bid".

Is Magna issuing new shares or buying back shares?
What do you predict for Magna going forward? I think I saw that the projected share price for next year is $150.00.

Gail

Q: 1:42 PM 11/13/2014

Hello Peter :
I currently have a 17.5% position in precious metal stocks [FNV 10.2%, G 3.9%, SLW 3.02%, SSL 0.4%]. This is partly due to an inheritance about 2 years ago whereby the shares were transferred in to our account at the very high ACBs prevailing at the time. We sold a good portion of these stocks at that time but still need to reduce.

We choose to keep Franco Nevada in it's entirety as our only gold holding as it is a stable powerful, growing, well-financed company with low overheads and an acceptable dividend, but we do plan to sell G, SLW, and SSL even though these are very good companies. These 3 stocks are down 31%, 29% and 39% respectively from their ACBs.

The plan is to invest the proceeds into dividend-growing high quality stocks as we need the dividend income along with reasonable growth. We could add to our already existing positions in : Corby[CSW.A 2.1%], A&W[AW.UN 2.3%], Emera[EMA 2.2%], Telus[T 1.8%].

Or we could initiate new positions in two or more of Enercare [ECI], Chartwell [CSH.UN], BMO REITs [ZRE], Cervus [CVL], Alaris [AD], or AgGrowth [AFN], all with dividends in the 4-5% range.

I believe [hope] that gold and silver prices will rebound over the next few months or year [or then again maybe they won't] and the issue is whether to sell them now at a low or whether to do nothing and wait until the losses are greatly reduced. We cannot use the tax loss now and would have to carry it forward for future years. So the question now is whether the gold stocks will rise faster in price than the stocks we wish to buy?

What would be your strategy - switch now or wait - and which of the 10 stocks listed above would be the best buys now or in a year or so, and why?

Your opinion always greatly appreciated...... Paul K.

Q: Can you help me understand why CGX rose nearly 5% today and hit a new 52 week high after such a huge earnings miss? I have been a long time holder but when I read the report I got spooked not just by the consensus miss but also by the declining attendance yet another quarter. Decided I wanted out and sold my holdings right at the open. Regret it now of course and trying to learn from my mistake. I can never seem to gauge what market reaction will be. The stock initially sold off at the open but started climbing back up by lunch. Do you know if they said something on the conference call that investors really liked?

Q: I’ve been trimming my holdings of JE and today they released their numbers. Just Energy Group loses $135.15-million in Q2 2015. The report says the loss, “represents the mark to market of future commodity supply acquired to cover future customer demand”.

The market seemed to like the report as their other numbers seemed positive. Should the current loss be ignored or is this risk likely to continue with energy costs dropping?

I’m aware that you prefer SGY for income and growth. Would you continue to recommend trimming JE and replacing it with SGY – staying in the energy sector?

Q: CST seems to be having some positive momentum and flies under the radar for convenience and fuel stores. What is your opinion of CST as an addition to ATD.B and PKI in the sector for more US exposure? Thank you.

Q: Can you please comment on the following group of stocks for an RRSP for a 10 year old and a 7 year old; AYA, ATB.B, T, BNS, SLF, WCP, SJ, STN, ENB, CSU. Also, can you please suggest a US ETF to round out the account. Thanks!

Q: I realize you like both TD and BNS, even though BNS hasn't performed as well the last couple of years. I'm sure you take other considerations into mind, so I'd appreciate hearing which bank you prefer for a 5-10 year hold and why.
Thanks!!!

Q: Good morning,
How did HWO's latest release look to you guys?
Thanks
John

Q: Now that WEQ has reported its latest results, with a further (19%) drop in its stock price, what is your assessment going forward? I'm down 40%, though have only a small holding. Am reluctant to sell based on one quarter's results, and have it in a registered account so couldn't claim a tax loss. Thanks.

Q: I wish to add to my holdings of technology stocks. What would you recommend? If establishing a preference order, what order would you assign to SYZ, VCM, XTC and ET? Many thanks

Q: Please comment on the quarterly results and the recent
sell off.

Q: Peter,
Can you explain the reason for the drop in AIM's stock price.
Thanks.

Q: Peter In six weeks were into a new year and what a opportunity to move my surge shares into our tsfa and enjoy the tax free income.This is to me the silver lining of the low oil price .

Regards Stan

Q: With the bought deal at 8.00$ and the continual downslide of Weq -it certainly would appear that insiders knew beforehand of the bad results to be released.Does the Securities ever investigate this stuff or is anyone accountable-looks shabby

Q: Past growth has been impressive, but it now has 78% market share. Where does it go from here? With the recent weakness in CGX, is it possible that investors have woken up to how expensive this stock is when one considers the P/E and dividend yield?

Q: What do you suggest with WEQ, now that they have reported Q3? Is this big drop simply earnings-based or have they adjusted the dividend as well? I couldn't find anywhere that they are adjusting the dividend.

Q: Hi Peter

I know you have made a few comments on WEQ over the past few days, but now that the Q3 #'s are out what are your thoughts?
The quarter wasn't great, but not a complete disaster, Payout ratio for the quarter was 150% which I know is high, but for YTD only 68%...seems to be overly punished/sold here.

Thanks,

Q: Can you please comment on their results. Thanks

Q: Please comment on q3 results and buying at this price +- now
thanks
yossi

Q: Greetings- Do you have knowledge of Rewalk. I had been most interested re: history of the robotics but did not realize it had an IPO. Just saw they reported earnings and think I'll buy 'a bit' now. Look forward to your comments. Thank you.