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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: I hold some mutual funds MFC653 inside a self directed RRSP , but can't see where I've made any gains in the past 7-8 yrs. Also the MER is about 2.5%. Can you suggest an ETF that follows the resource sector but would lower my fees?
Really appreciate your blogs.
Read Answer Asked by steve on October 18, 2012
Q: Hi, Could you please give your opinion on DCK-Donnycreek Energy. It has had a nice run since about May. Is this sustainable? thx
Read Answer Asked by George on October 18, 2012
Q: what are your views in the uranium industry in general and also more specifically on uranium one (UUU), sell or hold? Thanks!
Read Answer Asked by Gary on October 18, 2012
Q: Could I please have your opinion on TEMPLE REAL ESTATE INVESTMENT TRUST?

Thanks,
Sandy
Read Answer Asked by sandy on October 18, 2012
Q: It seems coal stocks are on the rise - can you comment on this ie- because of nat. gas price? Is this just a bounce of the low? Also, please recommend a solid coal company that could benefit if the demand for coal increases. Thanks
Read Answer Asked by yvonne on October 18, 2012
Q: Good morning Peter,
Still enjoying your website! Does BRP pay a dividend? What do you think of this company....it's only recently come to my attention. Many thanks, SE
Read Answer Asked by Susan on October 18, 2012
Q: John Wright, CEO of Petrobank (BPG) was on BNN today. Frances H. of BNN noted that PBG owns 57% of PBN and that when you subtract the market value of the BPN shares owned by BPG, that the rest of PBG almost comes for free. John (who is also CEO of PBN) said that in 4-5 quarters they planned to distribute all the PBN shares owned to PBG shareholders. This should then unlock the value in PBG and give PBG a pop. Would PBG be a reasonable speculative buy at current levels (assuming 1-1.5 year horizon)?
Read Answer Asked by Douglas on October 18, 2012
Q: Atlantic Power preferreds trade un AZP pr. A and B. A's yield 7.6 (redeemable at 25 and trading in 15's) and B's yield 6.92---why the high yields?
Read Answer Asked by Bryon on October 18, 2012
Q: Good Morning Peter and Team,
Looking forward to the Canadian Moneysaver Seminar this Saturday. My question is about Enghouse Systems (ESL-T). I know you have rated it highly (A-) and for very good reason. Would you consider this company a mini Constellation Software where one should just purchase it at a fair price (like now) and enjoy the ride ??? Just as an aside, I am finding that, over time, the smaller, well run, wealth creating, companies (i.e. Constellation Software, Paladin Labs, etc.) seldom, if ever, get really cheap in a Graham and Dodd sense. Therefore someone with a deep value orientation, fixated on price versus value, ends up tripping over the dollars to pickup the pennies. Thanks, Dennis
Read Answer Asked by Dennis on October 18, 2012
Q: Enervest EIT.UN is offering a VOLUNTARY ANNUAL CASH REDEMPTION
Unitholders are entitled to redeem units of the Fund at a price equal to 95% of the average Net Asset Value (NAV) of the three trading days preceding the November 22, 2012 redemption date, less direct costs. Direct costs are expected to be less than 1%.(Current NAV is 14.65 and todays close was 13.16) If all redemption requests exceed 10% of the aggregate outstanding units of the Fund, the Fund will process redemptions to this maximum on a pro-rata basis based on the total amount tendered. Please note that any units tendered for redemption in excess of this 10% maximum will be returned to the unitholder on a pro-rata basis following the November 22, 2012 redemption date.Redemption price is determined based on average NAV of November 19, 20 & 21, 2012. Payment for units that have been tendered and accepted for redemption will be made on or before December 21, 2012.
My questions are: Is this a good deal for current holders and what would you rate this security on an A to D scale ?
Thank-you
Read Answer Asked by Alex on October 18, 2012
Q: Peter, with all the majors ie. Shell, Exxon etc. acquiring assets for the LNG projects on the west coast are there any infrastructure investments that we could consider?
Read Answer Asked by steve on October 17, 2012
Q: Peter....how would you compare hi-yield small caps to preferreds or convertible debentures.....vis-a-vis risk/reward....thx...............
Read Answer Asked by Art on October 17, 2012