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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I own $6000 (par value) of Southern Pacific Resources (STP) non-secured senior bonds, due in 2018, that I purchased some time ago through my discount brokerage. All indications are that STP is on the verge of bankruptcy. Today, the market price of the STP bonds is 62 cents, indicating that likely some fraction of the bonds' face value should be recoverable during the (probable) bankruptcy proceedings.

As a retail investor, I do not know what the procedure is for small bondholders when a company is in bankruptcy. Assuming that bankruptcy occurs, will I need to personally make a claim for my money, or will I normally be able to "piggy-back" off the legal efforts of major bondholders and wait for the settlement? Do all bondholders need to share the legal expenses related to the bankruptcy proceedings?

Thanks for any clarifications you may be able to provide.
Read Answer Asked by Gregory on August 26, 2014
Q: CSS Contrans Aug 25/14 question asked by Gerald:

I recently voted a control number from a CIBC proxy package at
proxyvote.com where the choice was clearly For or Against.
Proxyholders can vote again before the deadline with only the last vote counting. 'Take no Action' could result in voting for the management recommendation by default.
Publish at your discretion.
Read Answer Asked by Russ on August 26, 2014
Q: It seems that Blackstone is a share holder of burger king. should blackstone share price follow proportionally the increase of burger king.
?
thank you
Read Answer Asked by lucien on August 26, 2014
Q: Re:TOU - Aug 25 - question by Ilesh
In your answer, re Energy sector, you mention you have other favourites in the pure growth area and the dividend category. Would you kindly advise your favorites in those areas please. Thanks.
Read Answer Asked by Dave on August 26, 2014
Q: Could you comment on the recent asset sale by Eagle Trust?
Does this change your outlook?
Thanks,
Fred



Read Answer Asked by Fred on August 25, 2014
Q: Can you provide any info on NGM ? It appears to be a lottery ticket but an insider is buying a lot of stock. Do you know any of the management team and what are some reasons an insider would put big money into this ? Thanx Robbie
Read Answer Asked by Robert on August 25, 2014
Q: Soon we will be drawing on investment income for retirement and note Ryan's 'Dividend growers with room to run" article. Calian Technologies[CTY] is of interest and we are wondering your thoughts on this company as a small long term investment.
Many thanks, Len
Read Answer Asked by Len on August 25, 2014
Q: Good Morning Peter, Ryan, and Team,

Great blog regarding Tim Hortons / Burger King. Very informative and well written.

At this point in time what companies would comprise your top five growth names (in order of conviction) for inclusion into an TFSA Account ??? Holding period of a minimum of 3-5 years and they would be added to complement slower growing, "safer" holdings. (i.e. BAM.A, BNS, CGX, etc.)
Thank you very much. DL
Read Answer Asked by Dennis on August 25, 2014
Q: re GPRO.US GoPro Just a comment for Gordon's question of Aug 24th as a long time GoPro user ( and camera enthusiast). The company is very poor at inventory control, lax in their customer service and downright bad at following up on promises. I would stroll down to your local camera shop and see if they actually have any GoPro inventory, of anything but 3rd party accessories! As 5i pointed out, GoPro is a good little product but the larger companies with better supply chains are developing competitive products and I suspect they will eat GoPro's lunch. GoPro seems to be having difficulty "growing up".
Read Answer Asked by Marilyn on August 25, 2014
Q: Hello 5i team,
I bought shares of THI at $59; how long would I have to wait in order to make a 40% capital appreciation.
Do I wait? Do I sell? do I take some profit?
What a quandary!
Tony
Read Answer Asked by Antoine on August 25, 2014
Q: CSS Contrans I voted my shares today at CIBC. Actually, it was a choice between a 'take no action' vote or a 'tender your shares' so the call in seems superfluous as I took no action.
Read Answer Asked by Gerald on August 25, 2014
Q: I saw your recent response to a question asking for your top energy companies. I was surprised, based on many of your previous answers to questions, that Whitecap(WCP) was not on your list. Has anything changed with respect to your views/expectations on Whitecap in terms of relative valuations particularly with the recent increase in share price, current expected growth,etc.?
Read Answer Asked by John on August 25, 2014
Q: Do you see potential in Centric Health (CHH)? It had a good quarter and some insider buys or caution is advised. Your insight is greatly appreciated, Peter
Read Answer Asked by Peter on August 25, 2014
Q: Could I have you thoughts on Jason Industries, Inc. (JASN). The company current operations are categorized into 4 distinct industry sectors, Finishing (26%) Seating (24%) Acoustics (30%) Components (20%.) The company seems to have a good management and board. The forward numbers look good and valuations look cheap. I always look forward to reading your posts and hard work. Thank you Jason
Read Answer Asked by JASON on August 25, 2014
Q: Petrowest prw: two acquisitions announced. Good acquisitions in your view? Expect it to be positively accretive to earnings down the road?
Read Answer Asked by Helen on August 25, 2014
Q: Hello, I would like to know what is the single best way to calculate the growth of a company. As well, do you like to see the growth rate higher than its PE multiple? Lastly, how many quarters of growth would need to be analyzed before its determined a company is a pure growth company?
Cheers
Read Answer Asked by Seamus on August 25, 2014