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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: Peter and Co, thanks for the exceptional service.
My question is off topic in some ways but it may have implications for one of Peter's favourite stocks, BNS.
Reuters has reported that in Germany, the UK and the USA there are ongoing investigations into the suspected manipulation of the benchmark pricing of gold and silver. This investigation comes on the heels of the LIBOR price-fixing scandal. The Bank of Nova Scotia-ScotiaMocatta is one of the five banks that are involved in the twice-a-day price fixing for gold.
If there is found to be manipulation in the gold price-fixing, how significant would this be for BNS if ScotiMocotta is implicated?
Thanks.
Ed
Read Answer Asked by Ed on December 13, 2013
Q: Hello. Your opinion on LFE, Canadian Life Companies Split Corp. please. Buy, sell or hold? They recently reinstated a dividend. Thanks.
Read Answer Asked by Max on December 13, 2013
Q: Hi Peter

In an article recently written by Boyd Erman he painted a negative picture of the U.S. residential rental market.He mentions that early players in the rental market like Carrington Holdings were having problems finding tenants for their properties,and that the returns aren't there anymore,he also mentions Tricon in this aricle.If Tricon experiences the same problems how much would this impact their earnings and cash flow?
Thanks Gord
Read Answer Asked by Gordon on December 13, 2013
Q: Lightstream Resources - is this a good entry point? Tx
Read Answer Asked by hugh on December 13, 2013
Q: Could you please give your view on molson coors tbx.b
Read Answer Asked by dennis on December 12, 2013
Q: Peter, Can you give me your opinion on Pizza-Pizza Royalty versus Boston Pizza which you have recommended previously. Thanks in advance.
Gary
Read Answer Asked by Gary on December 12, 2013
Q: Peter and staff
Highliner (HLF) having a big down day. Has there been any material change or is it just some year end profit taking?
Cal
Read Answer Asked by cal on December 12, 2013
Q: I believe I have read that it is unwise to purchase mutual funds in december because they allocate certain amounts that accumulate over the year therefore you could be in for a capitol gain or other tax liability that you did note participate in. I have two funds left to liquidate as a result of moving all my accounts to a discount broker and reallocating resources to individual stocks and ETFs.
Is there any advantage to selling these two funds now to avoid this year end fund activity? I would be doing so early in the new year anyway.

Thank you so much for an educational and profitable year. All the best for the Season and 2014 to the 5i team and members.
Read Answer Asked by Brian on December 12, 2013
Q: A really general question but could you provide a prognostication/guess on the January markets in general. Do you foresee a major shift to the downside and should investors be more defensive than usual.
About 80% of my names are good dividend payers....but I have a few that would suffer when the tide goes out.
Read Answer Asked by Gord on December 12, 2013
Q: Hi 5i team,Happy holidays: I need to add 5% for a total of 40% fixed income portfolio (retired). Choice between CPD & XHY. Am I wrong to believe that CPD will do badly whereas XHY will do okay in a rising interest world? The balance is CBO & GIC...ladder 1/2/3yrs
Read Answer Asked by Karl on December 12, 2013
Q: Could you give me latest views on BPF.UN. It would appear your last comments were given in April of this year.
Thanks
Read Answer Asked by Peter on December 12, 2013
Q: Hello 5i,could you comment on LRE Long Run as to the company it self and the sustainability of the dividend (I think they are about to implement a dividend could you confirm). As the stock is below $5.00 I am looking at this as an entry point.
Thanks
Read Answer Asked by Michael on December 12, 2013
Q: Good morning.

I own shares in Brookfield Asset Management (rated Pdf2 low) and Brookfield Renewable Energy (rated Pdf3 high) perpetual preferred shares (BAM.PF.C & BRF.PR.F). These shares are trading at deeper discounts than other company preferred shares with the same ratings.

May I have your opinion regarding the Brookfield and the Brookfield Renewable credit ratings and can you think of any reason why the subject shares trade at a deeper discount to the others?

Many thanks in advance for your consideration and time.
Read Answer Asked by John on December 12, 2013
Q: Thank you for your invaluable service. I have deployed some of my Coastal Energy proceeds and purchased BEP.UN, TCN, FSZ, and AVO. My question: As 2013 is rapidly coming to a close could you provide your top 3 stocks for 2014 - one selection based on income, one for growth, and one based on moderate "spec".

Best wishes and good health to everyone in the new year.
Read Answer Asked by Dave on December 12, 2013
Q: Hi,

Based on the previous posts, looks that you like the potential of TKM. With more than half the value of the company in cash and a good pipeline, would you recommend buying the company. How risky do you think the company is on a risk spectrum ranging from very low to very high risk. Thanks
Read Answer Asked by Imtiaz on December 12, 2013
Q: CSS has been on a downward trajectory (down over 10%) since it announced it was acquiring Best Transfer. Is this an indication of investor dissatisfaction or is it just profit taking - seems like a large draw-down for "just profit taking". Is this a concern or is it a good buying opportunity?
Read Answer Asked by Fred on December 12, 2013