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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: Hi 5i team:
What are your thoughts on an Alta Gas purchase @ the $45 level.
Thanks: Jerry
Read Answer Asked by Jerry on November 04, 2014
Q: Your opinion of Andrew Peller please.Thank you.
Read Answer Asked by Maurice on November 04, 2014
Q: Hi Peter,
I bought LRE at 5.73$ and it has fallen (crashed!) to 3.02$. Should I just sell and buy something else in the same sector (SGY,WCP) or look into a totally different sector.
Thank you for your help.
Read Answer Asked by L J on November 04, 2014
Q: Hello Peter and Staff,
I own a diversified portfolio inspired by your own and I have done OK thank you. My question is regarding my energy portion.
CWC,KEL,PEY,PD,RRX,WCP represent now about 7% of my portfolio after the recent pull back.
Should I hold, average down or sell for better opportunities ?
Thank you for your excellent service.
Regards, Raouf
Read Answer Asked by Raoul on November 04, 2014
Q: Hello Peter & Co.
My RRIF portfolio contains most of your equity holdings and many of Jason Donville's top 10; I thank you for your contribution.
My problem is that energy producers make up 10% of my portfolio; I should reduce it to 5%.
I hold BTE, CPG, TOU, VET and WCP; how would you rank them?
Thanks again
Tony
Read Answer Asked by Antoine on November 04, 2014
Q: Thanks for your question replies. I now need to bump up my Industrial-Tech sector and reduce my Resource sector weightings. I am a retired dividend-income investor.

I want to add CSU, but it has jumped lately. Should I wait for a bit of a pullback to around $300? Any other Industrial-Tech companies that pay a dividend and that you would recommend buying at this time?

I own BTE, CPG, SGY. Which of these would you lighten up on? Which of these has the most secure dividend, given lower oil prices and their respective hedging programs?

Should I wait on adjusting my energy weighting for a bit of a rebound? Seems like I'd be selling oil at the bottom to buy CSU at an all-time high?

Thanks in advance,
Steve

Read Answer Asked by Stephen on November 04, 2014
Q: Any comments on this Macau gambling stock or Las Vegas Sands nhs
Read Answer Asked by G Robert on November 04, 2014
Q: Hi 5i team, On Oct 31 2014 re: LRE, you answered to Terrance:"BOTH names have some debt and lower balance sheet liquidity and in this environment, financing could become tougher to find so we would not classify the dividends as safe but would not expect a dividend cut in the near term."
Which other company are you referring to apart from LRE? Also, LRE is reporting earnings Nov 5...do you expect more downside on the stock? If so, would it be better to sell before earnings?
Thank you!
Read Answer Asked by Silvia on November 03, 2014
Q: In your Oct 2, 2014 report, you gave a C+ rating to Horizon North Logistics. At that time the stock was trading in the $5.30 range. Now that the stock has dropped to $3 after the Q3 earning release, would your opinion change as the yield is not exceeding 10%. Thank you,
Read Answer Asked by Edwin on November 03, 2014
Q: Do you have any idea why WesterOne is always going down? and what do you suggest? What is your long term outlook for this stock?

Michel
Read Answer Asked by Michel on November 03, 2014
Q: A subscriber has just mentioned that you announced your portfolio service. I wish to sign up but I don't see where I would do that. Can't wait. Need advice. Thanks.
Read Answer Asked by Helen on November 03, 2014
Q: Hello,

Just wondering if you can comment on LYB. This stock started to pull back in concert with the decline in the market in general, then it bounced back slightly and had since gone sideways even though the US market had recovered all its losses and then some. Your thoughts and comments would be appreciated.

H.S.
Read Answer Asked by Harry on November 03, 2014
Q: Hi Guys, I have just taken over my corporate account from my financial advisor, my thoughts would be replacing Pathfinder convertible debenture, Dream Industrial and Artis real estate and adding to my Home Capital, Magna, Stantec and CCL positions.
thanks
Jim
Read Answer Asked by jim on November 03, 2014
Q: You announced your portfolio review service, I can hardly wait and I have signed for the service. The announcement stated that I don't have to pay until you are ready to start the analysis. I have the following questions:

- How I am going to be charged, is it based on the number of securities, on hourly basis, the size of portfolio, ...etc?

- since market conditions change continuously, the portfolio requires constant monitoring, how this is going to be done?

- Investors' situations may also change, so will be a requirement for a follow-up how this will be done?

Others will have many more questions and it looks to me that it will be a huge undertaken unless a specific structure to the service is established.

Thanks
Read Answer Asked by Saad on November 03, 2014
Q: This is a suggestion:

I suggest that you structure your new portfolio review service so that it conforms to CCRA's definitions of "investment counsel", thus making the fees an allowable tax deduction. Here is the definition from the CCRA web site.

"1. Paragraph 20(1)(bb) allows a taxpayer to deduct fees, other than commissions, paid for advice on buying or selling a specific share or security by the taxpayer or for the administration or the management of the shares or
securities of the taxpayer. The fees must be paid to a person whose principal business is advising others whether to buy or sell specific shares or whose principal business includes the administration or management of shares or securities. A person is defined in subsection 248(1) to include any body
corporate and politic.
Read Answer Asked by Helen on November 03, 2014
Q: I am thinking of selling my PWF and buying BPY.UN. It would increase by real estate weighting to 7%. (5% BPY.UN & 2% AX.UN). I know the stock has positive momentum but how do you think the stock will react if interest rates go up? I have held PWF for years and except for the dividend it hasn't done much.
Read Answer Asked by James on November 03, 2014