Investment Q&A

Q: I received an email this morning that says this:

December 16, 2014
Dream Global REIT announces the TSX Accepts Filing of Normal Course Issuer Bid.

There is a link to a press release, which I read, but can you explain what it's all about, please? Thanks!

Q: Hi Peter
Had full positions in BDI and SGY, plus half positions in BXE, E, and HWO. I like them all but would like to take advantage of the tax loss. Considering selling 2 or 3 and adding to the other 2 or 3. Could you give me your opinion?
Thanks for the education you and your site provides.

Q: With the price of so many energy stocks beaten down, does it make sense to swap a stock like PGF for something like Surge SGY in the hope that SGY will recover a lot faster than PGF when and if some stability returns to the oil market? If it does make sense, is there one time that would likely be better than another to make the transaction? ie. before tax-loss selling season ends or after? Thanks.

Q: What is your outlook and opinion on BT0.T and can it be bought now (to be held for the long term i.e.5+ years)?

Q: What is your opinion of Delphi Energy Corp.? It is down quite a lot.
Would you recommend it as a buy at present?

Q: hi folks

why do you believe erf is taking such an outsized hit?

good balance sheet, mgmt ok, good hedges......

is it mostly due to tax loss selling begetting more tax loss selling? or possibly U.S. ownership causing increased liquidation?

and thus, would this be the proverbial screaming buy (with a 2 - 3 year timeframe?

thanks

Q: How do you see PTA holding up? Can it survive a prolonged depression in the price of oil?

Q: Hello Peter
I would like to diversify into the health care and pharma industry. I could not find in the database any companies that have a minimum of a B rating. Are there any health care and pharma companies that you would recommend with at least a B rating. Would an ETF be better? I would like to hold it in my rsp and have a 3-5 yr time frame to hold.

Thank you

Q: What do you think about the divided cut and overall out look

Tom

Q: Need an update on what you think of athenahealth.

Q: Artis has fallen with oil, I assume because its office rentals in Alberta. Is the dividend safe for a long term hold to an eventual oil recovery or is the dividend - and the stock for that matter - now in the danger zone?

Q: Peter,
you know it is not the first time that the predators on the US market are breaking down an asset class and then restructuring, consolidating and grabbing the weakest for almost nothing. It is actually a recurrent theme in the history of the US markets since what 130 years from the railroads to the S&L to the internet stocks, to the pharmaceuticals to the Real estate, to the Banks and now to the oil. Restructuring is the next game in town and will soon hear loud sounds of M&A in the fracking players...
So In a sense that it is not the cheapest oil stock to buy or the most resistant to a lower oil to buy, may be it is the 10 most prone to be bought that are the most interesting and leave it to the oil manipulators to bring the oil down to $40 if they want, as we will never know if the natural oil price is $80 or $40.
So my question is what are the most prone to be swallowed. How about 5 Canadians and 5 Americans candidates.
Publish only if my question has some merit otherwise keep it private.
Thank you very much.

Q: What is your opinion on NVA : TSX

Q: Hi Peter and team.
could you give me your opinion on ZWH, ie, how the covered calls function and if the dividend is safe. i am hoping for a 8 to 10 % annual return from it.
thank you
cliff

Q: hi
what do you think of this u.s. industral fund with low oil prices
tks

Q: Hello Peter & Co,
I'm 71 and 100% of my portfolio is in equity; I'd like to shift a portion of it in fixed income. Corporate bonds and Government bonds (especially the long term ones) have done surprisingly well this year; the interest rate environment was obviously favourable. But rates are bound to go up, if only because the economy is supposed to pick up with attending inflation.
What fixed income vehicle would do (relatively) OK in such an environment?
Thanks,
Tony Sepetdjian

Q: Hello, Preference between these two companies? Long term hold as part of a balanced portfolio, growth prospects, dividend growth? Other names more preferred? Thanks,Lavern

Q: Hello 5i team,

dec 12 it was announced "COM DEV International Ltd (CDV.TO) has signed an agreement to acquire 100 percent of MESL Microwave Ltd for £12.8 million in a transaction that expands COM DEV's market and product portfolios."

I have a small position in my portfolio. Can you please comment on this purchase and what you expect for CDV over the next 2 years please?

Thanks for all you do

Gord

Q: I would like to sell Baytex to offset the capital gains that I made this year. I hold other oil and gas stocks already so I don't need to replace it with another oil and gas stock. I don't have much weight in the technology industry except for Enghouse Systems and it is about 2% weight. Should I add another name or invest more in this name? I also have no stocks or ETF in the health industry.I also have cash that I can invest as well but not quite sure where is the best place at the moment. I am a long term investor.

Thanks
Dolores

Q: This is not a question, but a comment.
Ref: December 15, 2014 (asked by Jim)

Question: I have been looking for an ETF, on the Canadian stock exchanges, that tracks US banks. Can you recommend any and of course, the best one as you see it. (lol)
Thanks for your help!

5i Research Answer:
We woudl suggest the best one (if not the only one) as ZUB, BMO Equal Weight US Banks. It is $199 mm, hedged to the C$, with fees of 0.40%. Three year annual return is 26.7%.

The symbol for US Banks is ZBK, not ZUB. Per the BMO web site, this etf has a distribution yield of only 1.09%, and the fee is 0.35%. Not sure where your performance numbers came from. There are none on the BMO site as this etf only began in Feb. 2014.