Investment Q&A

Q: Peter and Team, This is a fabulous service. Thank you. I watched your most asked questions video (great idea)and it raised a question in my mind regarding superficial losses/30 day rule re the CRA. If I own a Cdn stock that is listed on both the NY AND Toronto exchanges and I want to change holding it in Cdn. $ and switch to holding it in US$ - will the CRA count this switch as a sale of the CDN holding and a purchase of the US stock and then apply the 30 day rule. Thank you again, Nancy

Q: Re: SUM.TO, FSZ.TO

I have an initial position in SUM.to and FSZ.to. Should add to full position after their results?

Thanks!

Q: could you comment on SUM results today. Thanks

Q: Wajax (WJX) I am guessing from the drop in stock price that their latest results are not stellar. Is this the case and how secure so you think the payout is the payout at this point?
Thanks for your valued assessment.

Paul F.

Q: The Globe Investor shows GUD as delisted. I doubt it is. Comments?

Q: Hi Gang BCE results look great I wonder why the sell off,
Stan

Q: GLN Glentel. Looks like investors are throwing in the towel on GLN today. One has to go back 2 years to get a comparable low! Surely things can't be that bad? Is it?

Q: Hello 5i Team,

I have a half position in Valeant (regret not buying more) and would like to increase my pharma/healthcare exposure. Have been watching Athena nose dive and wondering if you think this is a good entry point right now. Would be a 2-3 year hold. Or do you think its a bit risky now given the change in sentiment and is there another option in the healthcare industry that would be a better alternative.

Thanks for the great service.

Q: Any thoughts on northwest health care? NWH.U.N looks like a stable business, 8% yield,trades at 10.5x.
Is the fear of rising rates holding it down? Seems kind of puzzling.
Philip

Q: Hi Peter, my daughter is 24 and has $5000 in her RRSP to invest. I have invested in CSU, STN, FSZ, BYD, ACQ, BEP, DH and ESL. These have been a good balance so far with very good growth so I was planning to advise her along similar lines. Since her investment horizon is very long I'd appreciate a suggestion of approximately 5-8 stocks for her RRSP. I find your service high quality and also enjoyable. I appreciate the direct and concise answers you give. Thanks, William.

Q: Hello 5i,
I have recently sold my ANZ shares and have some US funds for reinvestment, a few stocks I’m looking at are; TAL, BBL, and CTL. What are your thoughts on these companies?
Thanks

Q: As part of my fixed income investments, I am looking at BMO's Floating Rate High Yield etf ZFH. I am trying to beat the one or two-year GIC rates but still retain a high degree of security in my investment. The etf ZFH is new and has very low volume. What would you suggest as a comparable etf? Or should I stay with the GIC approach in a 1-5 year laddered setup?

Many Thanks

Q: I am considering replacing MDA by CDV. I think CDV could have a better upside potential. Your thoughts please.
And thank you again for your excellent service and wise recommendations. Cheers.

Q: Hi Peter,

The following is from a Tuckamore (TX)news release:

Tuckamore’s senior management, along with the support of certain funds managed by Birch Hill Equity Partners have agreed to indirectly acquire, by way of a plan of arrangement under the Business Corporations Act (Ontario), all of the issued and outstanding common shares of the Company

As part of the Arrangement, it is contemplated that the obligations of the Company under its 8.0% secured debentures (the “Debentures”) will be assumed by the Purchaser and it is a condition to the Arrangement that the Debentures (as assumed) be approved for listing on the TSX, subject to the satisfaction of the customary listing conditions of the TSX. If the Arrangement is completed, the Shares will be delisted from the TSX.
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I have a small holding of the debentures ( TX.DB.B 8 % and maturity 23/03/2016) which I would prefer to keep until maturity, depending on your view of the ability and quality of Tuckamore and Birch Hill management. Debs were trading around 97.50 today, up about 15% from my cost.

Many thanks and great work.

Q: Views on Westport Innovations please.

Q: Any update on your opinion of wi-LAN

Q: Good morning,

I have been waiting for others to ask to prevent redundant questions, but no one has of yet. Could you comment on MDA's quarter results, might as well ask about PKI's results, and the recent release from Amaya sending the stock back to where I am sure all subscribers prefer it.

Thanks,

Eric

Q: Hi Team, What are your thoughts on Chesswood (CHW) results and how do you see the market reacting...Keep up the great work, best investment I've ever made! You give me the confidence I needed in companies (going forward with my investments. Great job!

Q: re: the Canadian Dollar & Gap Inc

another US equity... I am beginning to focus more on US Markets with signs the US economy is starting to move which should lower the Canadian dollar. Am I right or wrong in this assessment?

Also, GAP (what is 5i symbol plz) which has a good Div, not great, is not far off it's a 52 week low. Do you have any comments on this equity in the coming 6 months - yr.

Thanks for all you do, appreciate your time

Gord

Q: I read Ryan's article on what to put in a TFSA with interest and am wondering what you folks would think of putting index linked GIC's in? There would appear to be a "match" since there is no capital loss and TFSA's don't allow write offs of losses. Plus, TFSA would be a decent place for interest income since there is no tax preference given away, as there would be for dividend income. Now I realize that some of the index linked products in the market are pretty poor in terms of return but one offered by Scotia linked to a basket of TSX stocks looked decent.