Q: Hi Peter. PWT Penn West
The dividend is attractive and your review back in June indicated market concern on the company maintaining this. They have since come out with a new quarter results and CEO appears to be committed to the distribution. Would appreciate your updated thoughts.
Thanks
Q: Direct Cash Payments (DCI). I like the yield and understand the integration risks of their new acquisition. My holdback is their business model being largey ATM machines in an evolving cashless society with banking increasingly being done on PC's, tablets and smartphones and transactions paid by CC's and debit cards, who uses cash for anything anymore? I know they have some ancilliary businesses but can their core business stand up over time? Thank-you.
Q: Hi Peter, I know you cover EXCO Technologies for the auto parts sector but I was wondering if you have any opinions for Linamar (LNR)? Seems a little bigger and more diversified geographically and product lines than EXCO. Is it time to capitilize on this auto rebound now or too late ?
Any thoughts on CRE. Considering the recent acquisition of TLH do you think there is opportunity for further consolidation. Also, if someone has a portfolio as small as 30k how many stocks should one hold and should the weighting be equal sized. What if the company is a penny stock of less then 50 cents.
Q: Looking at the insider trading of PWT it looks like the BC Liberal party with the rats leaving the ship. How much credence do you give insider trading when rating a stock? And what is your opinion of PWT?thanks.
Q: I would like to have your opinion on Formation Capital, FCO.
It has been working on A Cobalt mine in Idaho for a long time, does it have enough cash to carry on?
Thanks
Q: Can you recommend a book on security analysis (something somewhat recent if possible)? I read Graham and Lynch books a few years ago with great interest. Thank you.
Q: Would you recommend exposure to CVD and XRB (both etf) in the fixed income portion of a portfolio ? With regard to XRB, am I correct to assume that the increase in price from $18 in 2009 to $26 today can be mostly explained by the long duration of the holdings coupled with a decresing yield environment. Thank you.