Investment Q&A

Q: Hi 5i,
I have been a long term holder of ASR and it is down more than 50% since purchase. What is your outlook on ASR and do you recommend continue holding? What do you think about taking the loss and move the proceeds to CXI, as I currently do not have financial exposure.
Thanks as always,
Jerry

Q: What is you take on q4 results. Is the stock a buy?
Thanks.

Q: Thoughts on their earnings? Would you categorize this as an income/slow growth company?

Thanks,

Robert

Q: Good morning, could you please correct the symbol on Jacques question and what would be the yield on these after the reset? Would you expect the price to rise after the reset? Would these make a good investment since one presumes interest rates will rise in the next five years and the prices will correct to $25. Thank you

Q: In reviewing the sector distribution of your reports (C rating or higher), there seems to be a notable absence of reports on oil/gas (none), pipelines (1), and telecoms (none). Is this intentional?

Q: Hi Peter
What do you make of the results......as I am reading, I am very happy until the results get blown away into a loss by all the stock based compensation.
I realize it is not cash but does this not someday just do a large dilution of shares when the options are exercised?

Q: Luella Peter and team, I'd very much like to hear your thoughts on Boyd's latest earnings.
Thank you
Dave

Q: Hello 5I,

This a follow-up to a question you answered on the book value of Surge Energy; but applies across all Canadian E&P Companies. You noted Surge's book value is dependent on the price of oil and quoted a value of $68 US.
The problem I am having with your statement and all the other literature I read which quotes share price based on WTI is; What are the surrounding parameters that are needed to support the individual companies value. For example what is the exchange rate of the Canadian $ for the $68 WTI? At the current exchange rate this would suggest that Surge needs well over $80 Cdn to have a book value you suggested. Another question is at what oil futures price? If the current Contango widens so that a one year futures contract is $68 WTI; can I then apply that forward price to Surge, or which ever other company I am following?
Any clarification you can offer would be greatly appreciated.

Cheers,
Bob Ahearn

Q: Could you update Midway (MDW) just starting production and grade is lower than modelled, may have a short term financial issue. Is the big drop from .90 to .39 a falling knife or a buying opportunity. Your comments on management and I can't seem to find their expected all in cost.
Thanks and I'll be signing up for another year, great service you provide.

Q: In the US what are the equivalents to GUD, CRH, PLI, MSL, PHM and the like. In other words, if I'm looking to make high risk speculative investments in US pharma/biotech/healthcare stocks, what do you recommend. Your independent and straightforward insight is invaluable. Thank you!

Q: Any news on this company,lawsuit settlement has gone quiet,CERN order still in future,and no info on new product orders. Stock cannot get past .40, I would appreciate your ideas on the future of this company, what needs to happen for it to lift off.

Q: I would appreciate your opinion of Gibson Energy.
The PE seems high, but P/CF is a better guide?
Thanks for you thoughts.
John.

Q: Hello 5i Team, first of all I'd like to say that this is a very valuable service. I wish I'd found it much sooner.
I'm in the process of moving our RRSP Mutual funds to a self directed account at my bank. The plan is to create a balanced diversified portfolio using ets's.

30% Fixed Income - XQB
25% Canadian - XIC
25% Us- XUS
15% Europe - XEF
5% Emerging Markets - XEC

(or something similar - not sure yet if I'm going with BMO, Vanguard or Ishares)

Or would it be better to choose sector specific ETF's such as Financials, Health Care, Industrials ect.?

Also would you recommend waiting until after the summer (sell in May and go way), buying into the market all at once or buy in 1/3rd chunks over a period of months.

Thanks you very much in advance

Q: I am holding the following losers. I am not sure if they are worth holding on to. Would appreciate your views. Thanks
VNP(-40%), CS(-52%). TBE(-52%), VXS(-52%), VALE(-47%, ECA(-39%).

Q: 5i Team,

Realistically - what would be your 6 month to 1 year outlook on Macro Enterprises, Questor and Petrowest. Thinking of pruning some weeds...

Q: Hi guys, Could you explain a bit more the saga of AQN and their delayed financials. I would have expected the stock to bounce back close to pre-mystery price which it has not. Why is the market now valuing the stock lower? Thanks.

Q: Several reports over the last few months mention that it's just a matter of time before more competition comes in from the U.S. do you see this happening any time soon, thanks? I got out of Dollarama about three month ago, but now considering getting back in.

Q: Hello Peter & Team,


For the most part my portfolio is doing extremely well. I was able to take the majority of my O&G profit off the table end of last summer, my Healthcare Biotec sector is doing well, and I have enjoyed a number of winners inc AYA, CGX & EFN (all thanks to you) TWX, Dis & WFC and APPL among others.


I have a few small positions in higher risk companies which I was willing to lose on - risk/reward. And I will continue to hold tough as per your advice re AVO... in for the long haul there.


BUT, your article on cutting your losers is sticking with me, and one of my losers is CVL - in 13 months down 20% after a consistently increasing and fairly good dividend.


It appears the March 10 report was fairly positive with increases in revenues, gross profit $$$ & EBITDA. The only glaring item I could see was profit attributable to shareholders decreased $4.7 million. Maybe this is attributable to the Peterbilt acquisition...


I have this nagging urge to throw in the towel and look elsewhere for something which might show some signs of growth. O&G is getting interesting with the middle east in conflict again - specifically WCP which has been one of the best at weathering the oil situ.


What would you suggest I do...


Hang tough with CVL for a while longer and if so what time frame should I consider? Is there any good news you can see on the horizon and what would have to happen for the stock price to react positively?

OR

Forget about all that, sell my position at a loss and look elsewhere? And if so, where would you suggest I look?


Really appreciate your time and all you do for us


Gord

Q: Firstly, new to your site and find it very imformative. Peter you are one of my favorite guest on BNN. I would describe myself as a seasoned rookie investor. I certainly really enjoy doing my own research a lot more than paying a mutual fund two percent plus for picks like Bell, CNQ, and some glossy brochures. I am wondering if something like the Bloom and Burton Healthcare Investor conference
would be appropriate for a smaller retail investor. Btw I am geeky enough that I am sure to enjoy the technical medical stuff. Just did not want to spend a fair bit of money to go to TO and feel uncomfortable in this crowd as I am not a sophisticated investor with big bucks.

Q: In response to a question today you recommended Loblaws in the Consumer Staples sector. I'm curious why not Metro when Metro has a much higher ROE and a lower P/E ratio. Also, would you recommend George Weston instead of Loblaws? Just curious. Thanks for all you do!