Investment Q&A

Q: I read in the Globe and Mail that the Hydro One IPO will have 20-30% of the IPO allocated to retail investors. If it is true, can clients using discount online brokerages accounts participate in the IPO? What do you think is a fair price for its IPO and would you recommend it? Thanks

Q: Keith Richards at Value Trend Wealth Management who appeared on BNN Market Call Tonight is of the view that S&P500 could see a 20% plus correction this summer. His reasoning was primarily based on Technical Analysis. He also mentioned that at present, retail investors (dumb money) are twice as much bullish as sophisticated investors like pension fund managers (smart money). What are your thoughts on this prediction for an imminent market correction?

Q: Given your endorsement of J. Goodman's ability and based on my research to confirm same, for high risk speculative plays I have essentially copied Goodman by taking positions in CRH earlier this year and PDP recently and before its increase. Like Goodman I took profits on CRH - as it turns out a little early but still a very healthy (no pun) return. For PDP I now have significant paper gains. I appreciate Goodman is principally lending to these smaller companies and I find GUD's strategy in this regard intriguing. Are you aware of other pharma companies that GUD has also financed or plans to finance? I will likely take gains on PDP but I would appreciate any insight you could offer on the recent spike and significant increase in volume. I only have a small position in this one, even after the spike, and I don't need the money. It goes without saying that your independent informed view is greatly valued. Thanks!!!

Q: Hi folks: can't seem to get this Growth thing right. For example; according to Yahoo finance,the growth rate for XTC for this year will be 34.7%. The growth est. for next year is only 18.4% so is this is a "growth" stock for only the rest of this year? Several of the other stocks in the Growth Portfolio seem to have the same problem.

Q: Update on your views appreciated please.

Q: Good morning,

Can you please provide your latest thoughts/opinion on RVX as a speculative investment.Recently the stock has been behaving very well from a technical perspective on a significant increase in volume.
In your opinion is it worth taking a small position at this time?
As always, thanks for your unbiased perspective.

Q: I believe your last comment about VRE was in August, 2013, at which time you preferred XRE. Now, looking at these two ETF, which one would you prefer. VRE only pays a 2.1% distribution compared to XRE's 4.7% but over the past two years VRE's value has risen nearly 3x that of XRE's. I am curious why VRE pays such a low distribution when most of its holdings are paying >4%. Is VRE really doing so much better than XRE or am I just mis-interpreting the numbers.

Q: I am a shareholder fo this one. Fro the past few months it has inched up hitting new highs almost every week. How do you intepret this kind of trading? Is it possible evidence of quiet accumulation by a fund or institution? No reported inside buying except for some smallish trades as recently as this week. I can see it being taken private by the Pollard family or bought out.

Q: Can you list your Growth Portfolio under "Portfolios" please? I have great difficulty finding the Growth portfolio on your site and I like to refer to it often. Thanks.

Q: Hi Gang Do not paint all Prefs with the same brush I hold 18% in the above prefs and classify them as fixed income .My fear is when they are called is my tax liability .I hope they are not called and have not traded below issue price for a long time I even sold some for$28 a few years back .But I agree with most of your assessment on pertpetual prefs in this interest rate envoiment.
Regards Stan

Q: Peter, I require income, FGX has paid 0.48/mo. for past several years. Is this a good investment? is Yield-ROC, and if so will stocks be worthless in future.
Thanks
Cec

Q: If a company like crescent pointe energy were to buy a company like lightstream resources....what do you think they would pay for it?..thanks.

Q: Can you please explain the recently announced "Rights Dividend"

Thanks
Craig

Q: TD seems to be having a problem again with its site. (streaming quotes etc.)

Q: what is the difference between the A and B shares. One seems to trade and the A shares hardly at all? Thanks as always

Q: This stock has had a great run-up recently do you think there
is more growth available?
Thxs
Wayne

Q: I've looked on SEDAR for information on the purchase of Catamaran by United Health. Everything I've read gives the purchase price in US$. Nothing I've read says anything about the TSX-traded shares. Should I infer that, in the event the deal goes through, CA$-purchased shares would be exchanged for US$ - with a currency-conversion hit - such that it were preferable to journal one's holdings in a US$ account? Is there a general rule about this sort of thing? Thanks.

Q: I hold these etf's strictly for income purposes. Could you give your thoughts on XHY and CHB and the effect that rising interest rates in the USA could have on them.

Q: Hello Peter & team, Any reason you know why BIN has been dropping for over a week? Thank you!

Q: Can you comment on the downgrade from RBC? I'm looking at building a position if the is more negative sentiment and if oil keeps rising since I think it will be temporary.

Also, looking to gain exposure to healthcare in Canada or the U.S. What would you recommend? Any value plays left with the hot run in the sector?

Thanks,
Jason