Investment Q&A

Q: PETER,My two bits worth on asking questions. I have been a member since day one. I will renew for two years.For me I may not ask a question for months, then something comes due and I need to invest in MORE than one security. For diversification I may need 5 or6.I have taken my lumps on Yellow pages and Atlantic power and a few more. I am a senior and am looking for yield and security of div. Very, Very hard to find these days. Your advice is not something nice to have , it is a necesity or you may walk into a mine field. Perhaps many of your members have not been down that mine field road. You and I were together on it in ATP. I would rather error on the cautious side, Ken

Q: Is buying the DLR etf, calling your broker once it settles to convert it to DLR.U, and then selling the DLR.U in your US account the most economical way you know of for an average person to convert Canadian to US dollars? (Not for investment purposes, but if you need US$ for other reasons).

Q: Would you add to BNS today? I already have a large position just thinking of profiting from a possible bounce.

Thanks
Mike

Q: Peter & team. This is my penny's worth. You guys are the best analysts of stocks with best risk/reward ratio specially smaller out of the way stocks not generally covered. I've been there seen the early days and have followed Peter since before he was at Sprott. There is a real danger that you are losing focus on what you are best at. I strongly suggest you stick with answering questions to single stocks that you know well, nothing else. OK, one per customer at a time too. Henry

Q: Good morning 5i group. Could I have your assessment of ESN ( Essential energy)? Thanks for your advice. Ken.

Q: Model Portfolio format

The Model Portfolio has some sizable winners which is not apparent from the Model Report which shows March 1st & October 31st prices followed by % Return for Month of October. There would be room to show a YTD # and yield.

Thanks

P

Q: I need some education. A high percentage of Canadian analysts recommend Crescent Point Energy (CPG). My own admittedly poor analysis shows CPG to have a net annual income of about $270 MM or about $0.55 per share…this seems to move around quite a bit quarter to quarter. Assuming I am in the ballpark, and since the current share price is about $40, this suggests a PE ratio of about 70. The current dividend of $0.69 per quarter ($2.76 per year) is not close to be supported by earnings so the company must be issuing new shares (DRIP program) and/or borrowing funds to pay the shareholders. When comparing very quickly using Goodle Finance to Vermillion, Suncor, CNQ, and Husky, I find that all are paying out more in dividends than they earned but none are as bad as CPG. If I am correct why is CPG the darling of analysts? Secondly, how can the other companies continue to pay more than earnings? Isn’t this a concern? Thanks in advance for the help in understanding both CPG and the oil and gas producers in general.

Q: RCI.B signed big deal with NHL which is suppose to EPS right away. Of all the telcos has by far the lowest FPE but a fair bit of debt. Would you buy for long term-income and growth??

Q: I have been watching the base metals very closely lately, particularly XBM and ZMT, and think they could be ready for at least a short term gain. They have been down so long that, if I am right, there could be substantial upside. Would you agree?

Q: Could you please comment on Empire Industries EIL-X results and outlook?

Great service,
Thank you,

Milan

Q: Hello Peter and Crew,
Could you please rank in order of your preference, Enbridge, Pembina and Inter Pipeline with a brief explanation.
Thank you for your great work. I am very pleased with your program.
Thank You,
Barry

Q: Hi Peter,
I (age 51) have the majority of my investment portfolio in equities (stocks and ETFs) with very little fixed income. With the fear of rising interest rates over the past 5 years, I have stayed away from bonds. I had a position in CHB but cashed it out last year, but am now thinking maybe I should put some funds into this space. Thinking about either ZHY, or CHB, or other. Suggestions?

Q: I would like your input on Brookfield Asset Allocation securities BAM.T Buy Sell or hold?

Thank you
Duane Campbe

Q: I read with interest the article on stocks with negative Beta in Canadian Money Saver. Are such stocks used as a hedge on one's portfolio or are they bought once the market turns or?
Do you reccomend any of these stocks and if so can you name a few.

Thanks. Ray

Q: Could you give your evaluation on DIRTT. It is scheduled to IPO next week.

Thanks

Q: Hi 5i team, I would appreciate any feedback you could give me on QCOR. It's numbers look real good to me, I know they have some lawsuits pending but I would think that would be normal for a pharmacutical company. Thank you for your excellent service

Q: Desrochers Gentlemen,
Any you do not renewal for two or more years in one shot ?
Thanks and best regards

Q: Hi 5i I agree with Tim ( 5i don't think twice about giving the boot to long winded questions )
Twin Butte announced an $85,000,000.00 debenture at 6.25%, isn't this just another form of increasing debt, and if turned into shares just dilutes the no. of shares. Your thoughts please. Gerry

Q: I own Telus shares and am considering selling my position. The company generates solid cash flow but at about 18 times earnings the shares seem expensive. The shares still look good for the 4% dividend and dividend growth over the next few years but growth could be limited from current prices. There is also the concern about the politics of Telecom in Canada currently as the federal government seems determined to reduce the major players' market share and margins. Technically the shares have had a substantial increase since early August. Do you think that it would be prudent to sell the shares at current levels.

Q: Hi Peter and Team,
I was wondering your opinion on adding some CREW (CR) at current levels. I figure it will be under some "tax loss selling" and was wondering when the majority of that will be over - i understand that december 23 or 24 is the last official day for the tax year, but is it safe to say that most of the "selling" will occur before then - perhaps end of nov or early dec?
My thinking is that this stock may lift in the new year and possibly be a takeout candidate...
many thanks.