Investment Q&A

Q: Hello Peter and 5i staff: Wishing you all a Happy Christmas. I note you are okay with EMA but with the new common stocks at 28.85 announced on the 10th would you continue to hold in a registered account or suggest an alternative. Thank you Barb

Q: Can you please provide your opinion on RIL.UN? I currently hold this position and debate on liquidating it.

Q: Hi Knowledgeable People:
Could you give me a quick 101 on CAP RATE? I believe it is the opposite of PE Ratio. So often on BNN I hear them talking about a cap rate of 6 or 10 etc. Do they mean 6%? Is a property with a cap rate of 12 more desirable than one with a 4% rate? Also, do you have any information on San Juan Basin Royalty Trust? I do not believe that it is an MLP ( which I want to avoid). I am concerned about tax reporting of trust income to the IRS. Probably a US Tax return would be required. Any help would be very much appreciated.

Thanks very kindly,

BEN

Q: Enghouse (ESL) seemed to blow away consensus earnings estimates. Anything that you didn't like in the release and how positive is this? thanks.

Q: goodday,i remember you liked keegan res. yrs. ago now AKG .looks pretty tempting today on the price drop, yes/no ? tkx pat

Q: Hi, I am looking at bns and hcg, which would you lean toward at this time.

Q: How do you feel about MCB with the news that came out today about the bought deal financing?

Q: I see that Goldman Sachs have downgraded Catamaran.I tend to rate Goldman in the same camp as Veritas as to how they rate stocks.Do you have an opinion on Catamaran? Might this may be a buying opportunity? Thank you and a merry Xmas to you and staff.

Q: can i get an opinion on the so called permanent portfolio. I was wondering about a tweek to 20% cash or short term bond etf 20 % long term etf 20% canadian low vol. etf 20% us low vol. etf and 20% gold IGT thank you.

Q: Hello, my membership expires on Sept.28/14. Will the "limited time offer" be available to me then? If I renew now for two years I assume it will be two years Sept.28/14? Yes/no?
Thanks Dave

Q: What are your current thoughts on HFR ? I have cash sitting in a bank savings account earning virtually nothing. I am thinking that HFR is a safe bet to put some of that cash and earn a little more interest than I am getting at the Bank and still be relatively safe.

Q: Painted Pony granted incentive stock options to executives and employees to the tune of 1,692,500 shares. Does this seem within the norms of compensation for this type of company?

Q: Regarding Sherritt (S-T), with it sitting at about $3 dollars, when does this company go from being a value stock to a value trap or is this the case already?
I know that this is a sum of the parts company, how does one play this, or should I give up and bail out?

Q: Hello,
I recently took a ½ position in DHX and GPS with the intention of buying the other ½ later; one is up and the other slightly down. My problem...what is "later"?
Tony

Q: I'm wondering if you think its a good time to buy NFLX?

Q: Constellation Software's (CSU) press release yesterday seemed to confirm that CSU may be undergoing a new growth phase which will see it take on very large deals through the utilization of stand alone debt financing. The stock price has moved up sharply and on high volume. I am wondering if this new strategy will attract a new class of large institutional shareholders? Many thanks, Peter

Q: I lost a lot of money on Apple when it fell from $640 but I sold at $540 and bought back in at $490 on the way back up. I think it is a GREAT company with solid earnings growth and a low P/E but the market has a hard time giving it the same kind of respect that it gives Google, Amazon, Twitter etc.
What do you think about the stock for the next year and what would make you sell it?
Thanks,
Ken

Q: HSCEI AUTOCALLABLE NOTES
I would appreciate your views and comments on these types of notes as I am having difficulty finding information on performance.
I am researching a Note- the HSCEI Autocallable Note. The note will be a 5 year note issued by xxxx bank and is linked to the HSCEI (China H Shares) index. It will have approximately an 8% coupon each year, will be callable each year if the index is flat or up from the issue level, have an approximate 30-35% downside principal protection and daily liquidity.
Example Outcomes:
The HSCEI Index is flat or up at the 1st anniversary date the note will be called and the total return will be 8%
The HSCEI Index is down on the 1st anniversary date the note will not be called and will extend to the next anniversary date
The HSCEI Index is flat or up on the second anniversary date the note will be called and the total return will be 16%
The HSCEI Index is down between 1-35% at final maturity your investment amount is returned
The HSCEI Index is down greater than 35% at final maturity the principal will be returned minus the amount by which the index is down.
Thank you.
Nadine

Q: Hi Peter & 5i: Regarding Just Energy’s (JE) “sale” of Terra Grain Fuels, the debt reduction aspect looks positive, though only a relatively small percentage of JE’s total debt. Can you tell though what JE will be losing in cash flow or EBITDA associated with Terra’s operations? Does a loss of cash flow offset the debt reduction in this case or was Terra not significantly cash flow positive on a net basis to begin with? Does this transaction impact JE's "embedded margin" valuation on the balance sheet at all? What is your overall significance assessment? Thanks very much!

Q: What are your thoughts on Northern Property Reit, It is down almost 10% over the last several weeks

Thanks