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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: Hi Peter, is there a seasonality in stock pricing? If so, why financial companies seem to have this pattern of peaking at early of the year and bottoming around summer? Should we take this into investing for long term?
Read Answer Asked by victor on April 24, 2013
Q: The spinoff from BAM of limited partnership units of BPY.UN was valued at $1.27 per BAM share (0.0574 units), which according to their website brookfieldpropertypartners.com was 7.5% of BPY in the hands of the new unitholders. This seems to value the remainder held by BAM as "REU's" (redeemable exchangeable units) at $15.66 per BAM share (42% of BAM) yet the pro forma market cap of BPY from the website is $12 billion (27% of BAM) while the market cap of BAM is $44 billion. So did BAM underspin the unit numbers or overvalue the dividend and is the structure of different types of units comprising the LP normal for an LP structure??

Also the taxability of the proposed 4% distribution is likely to be messy like BIP and BEP so I'll likely sell the odd lot of BPY I received in a cash account and hold a round lot in a registered account as it seems to be an interesting play on global real estate as opposed to the other 2 Cdn & USA Brookfield real estate subs. Does this make sense?

Finally, the BPY units appear to be trading in a downtrend; how long can we expect this to continue before we see a reversal?

Thanks, Jeff
Read Answer Asked by Jeff on April 24, 2013
Q: hi, looking for any comments on rusell breweries RB.v hi risk they have a contract with china distributor. payed .02$ balancesheet not that extraordinary.
Read Answer Asked by Dario on April 24, 2013
Q: What is you opinion on Chorus aviation(CHR.A)?
Thank you
Gilles
Read Answer Asked by Gilles on April 24, 2013
Q: I have a question regarding distributions. I have read that funds to pay distributions to shareholders are taken from the price of the stock. This implies that the price of the stock would then decrease by the amount of the distribution. If this is true, it would imply that that there are no real gains from distributions. I would appreciate your input on this. Thank you.
Read Answer Asked by Dennis on April 24, 2013
Q: Hello 5i, Could you comment on Black Pearl PXX Thanks
Read Answer Asked by Michael on April 23, 2013
Q: Hello 5i, Could you comment on ZCL as to ther stability of the company and the company itself also would this be a buy,sell or hold.Thanks
Read Answer Asked by Michael on April 23, 2013
Q: Hi Peter,

I recently bought ishares XSP-TSX and BMO ZGI-TSX ETFs. I want your opinion on those ETF's and also for tax consideration, Do I have to pay tax like the normal TSX listed companies or are they treated as a foreign companies? Thanks for your answer
Hari Ottawa
Read Answer Asked by Harishchandra on April 23, 2013
Q: peter i was wondering what is your take on ETC equitable group and CEN coastal energy thanks.
Read Answer Asked by david on April 23, 2013
Q: CFN: The recent share offering (I believe) was at $9.75. With the price now at $9.12 or so, would this be a buying opportunity or is this looking more like "time to leave the party" in view of the decline in share value. I am under water and ignored my bias to sell when I was only down 10%. Now I am down 15% and trying to see into the crystal ball. But it is not giving me any guidance. Hopefully you can. Thank you.
Read Answer Asked by Donald on April 23, 2013
Q: Hi Peter,

Could you please give your opinion on Silvercrest Mines (SVL) It has come off with the price of silver but the longer term trend seems to be intact.

Thanks
Read Answer Asked by Greg on April 23, 2013
Q: What is going on with Dundee Corp (DC.A)? Its p/e, p/cf etc now look terrible (they looked stellar a few months ago). DC.A announced a corporate restructuring trough an Arrangement Agreement with DREAM Limited and others which is very hard to follow. Should this be good or bad for the DC.A share price?
Read Answer Asked by DEREK on April 23, 2013
Q: I am hearing that gold bullion dealers in Vancouver are "out of stock on bullion" and only taking orders if you pay 3 weeks in advance! Buying of physical has evidently been VERY strong during this pullback in gold prices and as Sprott recently suggested, goes contrary to previous Tops in the gold market. What is your take? Thanks.
Read Answer Asked by orion on April 23, 2013