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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: Hammond (HPS.A) has dropped considerably since lightly decresed earnings a couple of days ago. Is this a market reaction to the weak quarter (seems a tad muchof a reaction) or is the higher volume just somebody of size pulling out? Also, what is your opinion of future prospects given these results.
Thanks!
Read Answer Asked by Paul on April 26, 2013
Q: Would you consider Citadel Income Fund (CTF.UN) as a reasonably safe place to park money with a 9.21 % dividend yield rather than bonds or money market funds. Thanks, Bill
Read Answer Asked by William J on April 26, 2013
Q: An analyst on BNN said that CNL and RMX follow a similar strategy to Yamana with small tuck-in acquisitions and do not bet the bank on large projects. He was very high on both stocks. Do you have a view on either of these names? Many thanks, Nancy
Read Answer Asked by Nancy on April 26, 2013
Q: Peter,

I would like to diversify from all my Canadian oil because of the discount to WTI. I have very small positions in CNE & PMG now, both of which have corrected quite severely. Your thoughts on adding to them please?
Read Answer Asked by Carl on April 26, 2013
Q: CSS - Contrans - why was it downgraded by so many banks?
Tks.
Read Answer Asked by George on April 26, 2013
Q: I have insufficient exposure to the US market and was looking at a few ETFs. Thoughts on VCR & VXF?
Read Answer Asked by chris on April 26, 2013
Q: Hi Peter and 5i: Can you please explain the difference between "Floating Shares" and "Shares Outstanding" and the potential significance of it for an investor looking at a stock. I've noticed the difference is sometimes quite large. For example with Enghouse (ESL), FS is 17.5 million but SO is nearly 26 million, according to my discount broker's site. Maybe not a lot of shares in absolute numbers relative to some companies but proportionally it seems like a lot. Thanks, as always.
Read Answer Asked by Lance on April 26, 2013
Q: Our portfolio is invested as follows - Oil/gas,five, 16.3%, Pipelines,four, 16.6%, Banks,five, 16.8%, Electric,four, 10%, Reits,five, 10.6%, Tele,three, 8.8%, Commodities,two, 3.8%, Industry,three, 6.7%, Misc(PWF, ENF)4.3%, Bond 6%. All are Canadian except one US railroad. We depend on the dividends for half our income. Any thoughts on the spread, and where to add an additional 10% we have in cash?
Read Answer Asked by Edward on April 26, 2013
Q: Yikes. Contrans (CSS) is down significantly today on triple the average volume, and I'm down over 18% in that stock alone. Will it recover in the near term or should I sell now and swallow the losses? TFSA so no tax loss advantage. I realize the stock is cyclical, but WOW. Also, does the increased volume and slight uptick in Amaya (AYA) give us some indication of what their numbers will be on Monday? Thanks,
Read Answer Asked by Gordon on April 26, 2013
Q: Hello Peter and the 5i Team,
My wife and I are in a fortunate position to have stable defined-benefit pension plans, but likely have been too conservative in our investing by maintaining a 60-40 weighting of stocks to fixed-income. We were looking at our large holding of the CLF ETF, and calculated an annualized return of just 2.45%. My question is this: What low-volatility equity/equities would you purchase if the CLF shares were sold? I was looking at your recent article that discussed DOL, GS, NWC, NCC.A and ADW.A, but perhaps there are others you could recommend. Love your service; wish I had joined earlier!
Read Answer Asked by Jerry on April 26, 2013
Q: I would like your opinion of Laramide (LAM). Do they have the dollars to get into production and carry on till the Uranium price improves.
Read Answer Asked by Doug on April 26, 2013
Q: hello 5i:
I'm having a great deal of trouble trying to determine the direction of interest rates ie. inflationary vs deflationary forces, and thus some portfolio choices I need to make. Your opinion please.
thanks as always
Paul
Read Answer Asked by Paul on April 26, 2013
Q: Do you have any ideas around the spike in trading volume in Alarm Force yesterday? Could it be attributable to takeover rumors? A takeover possibility was noted in your report last year.
Read Answer Asked by David on April 26, 2013