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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: My broker recently put me into egl.un,Eagle Energy Trust,@ 11.07-currently about 10.50,good dividend.I am retired senior& like income.Your thoughts please.
Read Answer Asked by Gerald on May 23, 2012
Q: First I want to say what an amazing resource 5i has been. You just started and I already feel it's my best bang-for-the-buck investment! My question is on portfolio hedging. If we are holding stocks we like, but are worried about a general market sell-off, what is the best way for a retail investor to take market risk out? Specifically, I'm asking about accounts I can not short in, RRSP, TFSA ect. Puts usually have high bid-ask spreads, inverse ETFs have high fees and performance slippage. It just seems there is no efficient way for a retail investor with trading costs to hedge. Is selling some of my holdings the best way then?

Thanks,

Matt
Read Answer Asked by Matt on May 23, 2012
Q: Regarding Exco (XTC)...The Globe's Midnight Trader endorsed this stock a month ago. Reuters issued a BUY report on it 4 days ago. Scotia Capital issued a report last December. Research Team(RT) issued a BUY report at the end of March. Ativo and CCS also weighed in on Exco. VALUENGINE issued a BUY report as early as NOV 2010. Question: as it's now at a 4 year HIGH....how do you determine when and who to review?

regards
Art

Alternative?
WaterFurnace Renewable Energy(WFI) is at a 6 year low with nice yield and P/E. Zacks Consensus has it as a BUY. as well as FIRST CALL.
Read Answer Asked by Art on May 23, 2012
Q: Peter, I'd love to get your take on Westdome Gold Mines.
Read Answer Asked by Marc on May 23, 2012
Q: Peter:
Could you please comment on Richards Packaging Income Fund - symbol RPI.UN

Thanks
Read Answer Asked by Gail on May 22, 2012
Q: I'm still learning to navigate your website, hope you will excuse this (seemingly) silly question. In trying to see if you have a report on CSH.un, I notice that there's no way to access reports earlier than this year. Is that true or am I missing something?

Anyway, I'd like to know what you think of CSH.un and whether you have another preference in that space. Thank you.
Read Answer Asked by Molly on May 22, 2012
Q: Terrific site Peter.
I would like your opinion of NOA, I can't figure out why it has dropped off so much?
Read Answer Asked by Doug on May 22, 2012
Q: any thoughts on the Altamira Family of funds picked up by National Bank a few years ago.........a lot of our assets are parked there.............
Read Answer Asked by Art on May 22, 2012
Q: While we are on the silver theme, do you have an opinion on Fortuna FM.to? It seems to be a good company. Thanks, Kelly.
Read Answer Asked by Kel on May 22, 2012
Q: More of a rant than a question...

“...In the run-up to Facebook’s $16-billion IPO, Morgan Stanley, the lead underwriter on the deal, unexpectedly delivered some negative news to major clients: The bank’s consumer Internet analyst, Scott Devitt, was reducing his revenue forecasts for the company. The sudden caution very close to the huge initial public offering, and while an investor roadshow was underway, was a big shock to some, said two investors who were advised of the revised forecast...”

So you’ve got the lead underwriter dumping on it a day before launch................

It had a P/E of 118.........................

Even at $ 0.30 cents it would have a market cap of $1 BILLION! It’s got a long way to fall. It was down almost 20% in the first 2 days of trading....Some institutions were shorting it DAY ONE.

Youtube went for $1.65 Billion.

But then Google was flagged as ridiculous at $300 8 years ago....It’s now $600............................
Read Answer Asked by Art on May 22, 2012
Q: Peter
What is your outlook on Great Panther GPR.T and is it a buy sell or hold? I belive Sprott owned soom.
Thanks in advance Andrew
Read Answer Asked by andrew on May 21, 2012
Q: re: Fiera Capital (FSZ)

Well, with Investor Group coming out with a reduction in fees to combat investor resistance/redemptions, and with continued market weakness/worries, one would think that fsz's share price will languish for a period of time...

Would you recommend that the long-term investor (a 5i-type of investor) should accumulate these shares at this time - or put such purchases on the back burner awaiting positive quarterly reports.

Thanks, as always ;)
Read Answer Asked by Jim on May 21, 2012
Q: Your coverage is intended to be limited to the Canadian market. In order to diversify could you recommend a high-quality mutual fund that invests in global equities? I have been looking at the Mawer Global Small Cap Fund. Do you have any guidelines as to how much of one's portfolio should one have invested in Canada? Personally, I am appx. 20 years away from retirement and intend on retiring in Canada. Thanks Peter!
Read Answer Asked by Derek on May 21, 2012
Q: Do you have an update for Leon's? It seems to just be generating enough earnings to cover the dividend now? ($.12 and $.10 respectively). I know that it is tough to look at only one quarter but earnings have fallen in the quarter for each of the last two years and annual earnings are down over the last year. My concern is how will it fund its expansion plans? Thanks Peter!
Read Answer Asked by Derek on May 21, 2012