The Globe and Mail published a story this morning that Oil Sands companies in Alberta will suffer if they do not own extensive natural gas resources due to the huge increase in the cost of that resource over the winter. In your view what popular mid-cap to large-cap energy producers are strictly in the oil business and therefore will face increased costs through the necessity of purchasing natural gas for their operations? Thanks!
Q: Just some general comments on AYA that some members might find useful from one who has been investing for 25+ years:
1) If you have followed the model portfolio, AYA should represent a max of 5% of your holdings
2) Not every stock in the portfolio is going to go straight up from the outset
3) It is very difficult to anticipate and "play" market sentiment swings, which is clearly affecting AYA presently. Stay focused on what the company is actually doing.
4) Don't check your stocks every hour. Better to evealuate monthly or quarterly, along with company information released.
5) We are all here because we believe in Mr Hodson's insight. Follow his portfolio, stay with his suggestions, and I believe you will have an excellent chance to outperform the market. That is all anyone could realistically ask for.
Good luck fellow investors!
Q: re; Amaya, just a comment that I think is important, I was a huge shareholder but exited at 7.40 when I saw sheldon adelson owner of the venetian in las vegas and a person worth 40 billion, is backing a bill in the united states to ban internet gambling, I think this bill has legs and would affect Amaya quite negatively if passed, add in their horrible earnings and I think the stock is an avoid for now. dave
Q: Do you disagree with David Stanley's " cautious" comment in a recent CMS?
"I could cautiously conclude that initial yield is of greater significance to a Canadian buy-and-hold investor than dividend growth. Of course, this statement has its limits." I ask because of a comment you make about preferring growth in dividends to height(so to speak).
Because I am a retiree, I tend to favour higher dividends because I don't have growth time, and because at this stage in my life I want to spend, rather than reinvest, them. Is this an OK approach? I'm aware that one needs to be wary of very high dividends.
Q: I am down over 24% on a $6K investment in AYA. Would it be prudent to sell at this point to protect the remaining capital and buy back when the down trend reverses. Should I have done that when the stock was down 10%? I hope to learn from this how to deal with a falling stock price rather than just do nothing and hope. Thank you.
Tekmira: TKM. Holy Hannah. It took a 16% dive today and doesn't look like it's coming up for air. I can't find any news anywhere. I'm down 30% on this one -- and don't know whether to add to it, or just give up on it. Is this "merely" a sector rotation, or am I missing something in Bloomberg's fine print. Thanks!
Q: OMG, I am embarrassed. I misspoke myself when I said "resistance". I meant "support" and realized my error after I pressed the Submit button. There are several things that can be said about AYO from a technical analysis perspective but I won't since this is a fundamentalist's website, except to say that I won't be a buyer until it bottoms out and starts to climb again. And it will, in the fullness of time.
Q: Hi Peter, a couple of days ago I asked for your advice in this space on SWY after its massive financing for Renard diamond project in Northern Quebec, I am holding the shares since 2010 and experienced all the ups and downs also reverse splits and averaging down I am finally in black, is it wise to hold on to this company's shares till production start in 1st quarter of 2016 or take some profits now ?
Your comment is greatly appreciated.
Thank you. M.N
Q: What is your opinion of Lloyds Group? It has been on a down trend for the past three months, could this be a result of heavy selling by the British Government?
Q: Hi 5i
I have $50,000 that I want to put into an income producing account for retirement. I want it to be relatively secure and produce some monthly income. I have no other investments other than a small company pension. What would you recommend? ETF's or a number of good income stocks, or a bit of both. Do you have any recommendations on the specific etf's and stocks that I should get? I will retire in a year. I really appreciate your help as I have been a member for almost 2 years now and have finally saved enough money to begin a little portfolio.
Thanks again for your recommendations
Kevin
Q: CUS Canexus The value investor in me is feeling tempted by Canexus. It seems that a low has been established for the stock. The biggest danger for breaking that low would (presumably) be a cut in the dividend. Given that the main business is well understood by the market the speculation would be in NATO upside. Lately the Canadian energy sector has been on fire. Everything is up! It seems shipping by rail has been of benefit. Could you put this picture in a CUS frame for me? My idea is to take a 1/2 position in this price range and wait for good (or bad) news to make the next decision.
Q: A follow up to Paul's. I find it difficult to monitor overall weightings is there a software to automatically update and consolidate multiple portfolios. I am trying to load my families 7 portfolios with some common shares.
mike