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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: With your sunny comments on November 5th on SUM, I considered adding the stock to my portfolio but am timid to do so after viewing the considerable insider selling of the stock. Would you also be deterred after seeing the selling? Thanks, Bill
Read Answer Asked by William J on November 18, 2013
Q: Hi Peter and team

I have watched Chem Trade logistics (CHE.UN)for years and it seems extremely well managed. I have it owned off-and one for a long time. I bought about 4000 shares in 2009 at a very low price and then foolishly sold out for a double at around $7- $8. I then realized my mistake and re purchased it around $15. The share price has not done a lot since but the dividends have rolled in without interruption as they did right through the 2008 crisis. Currently it has a %7 yield and a payout ratio of around 50%. It is now looking at a very big deal with General Chemical and may have to compete with some big players like Apollo Global to pull it off. So my question is (i) what is not to like? and do they have a chance to pull off this latest deal in competition with the financial engineers / hedge funds. I would appreciate your opinion on their prospects including their continuation of the old trust structure. Thanks

Ross
Read Answer Asked by Ross on November 18, 2013
Q: Seems to me that if you can identify a fund with a good manager at inception, before they are swamped with cash, then you can do very well. Over the last while we have seen a Raymond Jeffries fund top the charts and more recently CI Canadian Growth. Are you able to identify and recommend similar funds when they occur?
Read Answer Asked by Peter on November 18, 2013
Q: Hi,

I like to get your feedback on ARII. Looks like a good sector/stock in a booming economy.
Read Answer Asked by Imtiaz on November 18, 2013
Q: Fairfax just bought a controlling interest in the Keg - does this have any impact at all on the Keg Income Fund? It looks to me that this is a non- event for the Fund. The fund is up a bit today and a lot over the last month - is it a sell now?
Read Answer Asked by David on November 18, 2013
Q: Peter and team,

Can you please provide thoughts on the management changes at Kirkland Lake Gold (announced today)? I've owned this for a while now and have been beat up being patient. Now I see some key people like Mark Tessier leaving and I'm curious if I should look at this is the time to accept the loss and reduce my gold exposure.

Of course, I'd like to replace it with something that has huge torque and can win me my money back with no risk... any thoughts? (Just kidding here, of course but I am happy to take any idea!)
Read Answer Asked by Marc on November 18, 2013
Q: I am retired and looking for monthly dividend income with stocks that keep up or outpace inflation in the future. Other than WCP which I have purchased -thanks to your advice- what would your top batch (say 5to 10) such stocks be )
Thanks very much
Read Answer Asked by lyle on November 18, 2013
Q: What is your opinion of the "drillers"? Particularly those companies operating in Pennsyvania and New York. Have read a number of reports relating to increasing drill rig numbers.
Read Answer Asked by John on November 18, 2013
Q: Hello to you all. I have a couple of Canadian banks and I am looking to add a american small bank. Do you have any sugestions? I already have a small position in Bank of America. Also do you think that Citibank will ever do a split back. I had some in 2009 when my shares where cut 10 to 1. Thanks, I appreciated your responce. Carol
Read Answer Asked by Carol on November 18, 2013
Q: Hi Peter and Team,
Do you have any plans to establish reports on small to midcap Canadian E&P energy stocks next year? I have a basket of such plays that include WCP, SGY, RE, BXE etc... as part of a diversified portfolio. Do you consider this sector will quickly catch up to it's American counterpart once the differentials between Canadian and American crude improve. This service you offer compared to anything else out there has been outstanding. Thank you and keep up the good work.

Peter
Read Answer Asked by Peter on November 18, 2013
Q: hi , would you happen to have info or an opinion on excellon res. - exn
Read Answer Asked by jim on November 18, 2013
Q: I bought shares in Annaly Capital Management NLY a few years ago when RBC seemed to be giving it the nod. The high yield was attractive and it did OK for a while, but it's down about 37% since I bought them. At current levels, they form about 3% of the value of my wife's and my registered investments. Is there any hope for an upick, or should I just sell and move on? It's depressing looking at that -35% figure in the Gains/Losses column.
Read Answer Asked by John on November 18, 2013
Q: What do you know about sphere 3d , would you buy it. Dave
Read Answer Asked by david on November 18, 2013
Q: Hi 5i: There seems to be no consensus on the definitions of the sectors that an investor should represent in a portfolio. I have seen lists that range from 10 to 20 such "sectors". What sector definition do you use? Also, what software system do you use to identify the sector to which a particular stock belongs? I ask the latter question because I use RBC Direct which, for example, puts IPL in the Energy sector while most other sector systems I've looked at class IPL as an utility.
Read Answer Asked by Roland on November 18, 2013