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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 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
Q: Hi Peter can I get your opinion on PTS. My cost is about 30.00 as I've held since you mentioned it way back, I was thinking of averaging down, doing so I can get it to about my buy out if it goes to around 24, I,m thinking it might not get to 30, any thoughts on that. Thanks, Nick
Read Answer Asked by Nick on April 23, 2013
Q: Are you aware of an ETF that shorts the Canadian dollar (relative to US dollars) in either Canada or USA?
Read Answer Asked by Cheryl on April 23, 2013
Q: Peter - I own DHX MEDIA. The stock has not done much lately however today it is up over 7%. I cannot find any reason for the sudden run-up. Is something happening in the background that I don't know about? What are your thoughts.
Read Answer Asked by Jim on April 23, 2013
Q: I'm looking at a company that does make large acquisitions, with their last major purchase, they didn't increase their share count of the company it bought. However, this past quarter they have increased their share count of another company by 360%, I would see that as an indicator that they want to buy it, but since they haven't done that in the past, could it mean something else.
Read Answer Asked by Sunita on April 23, 2013
Q: I am looking for a high yield bond fund to complement my existing preferred share / fixed income holdings of CPD and CBO. Your recommendation would be appreciated. Thanks.
Read Answer Asked by Stephen on April 23, 2013
Q: I would like to add a pipe line (defensive stock with dividend) to my portfolio. I see that in your model portfolio you hold Inter Pipeline and Enbrdige. Should I run with these, or do you have any other opportunities I should consider? If I want to add a 5% position, should I split between the two or do you currently favour one postion over the other? Thanks.
Read Answer Asked by Stewart on April 23, 2013
Q: I am a large shareholder in mart- mmt, so they announced there 2012 earnings 30 minutes ago ,everything seems ok and what i mean by that is the pipeline losses were already known, and construction of new pipeline proceeds.my question is since you are way better than me at analyzing this, what is your opinion, is the dividend safe etc. thanks dave
Read Answer Asked by david on April 23, 2013
Q: Hi Peter and team I have a holding in SEA it is down about 30% since I bought , should sell or buy mor to average down or sit for the long haul.
Thank you
Jim.
Read Answer Asked by James on April 23, 2013
Q: Hi Peter and team,

People are painting a doomsday scenario for gold to fall to somewhere near $1,000. In this scenario what should be the strategy with regards to gold or base metal stocks. Unfortunately my weighting right now is pretty high and I am down in almost all my holdings like ANV, CS, ENT, NXX, PTQ and LYD. Should I sell all of them and take about 12% of portfolio hit or stay invested in these and hope for the best.
Read Answer Asked by Imtiaz on April 22, 2013
Q: Hi Peter, just a follow up comment to the Becker Milk Company (BEK.B) question that was asked earlier. I am fairly certain that the bulk of the business is renting space to Mac's (owned by Alimentation Couche Tard), and that they don't operate any more Becker's convenience stores.

It might be a bit small for your coverage, but it ticks a few boxes, such as no analyst coverage, no debt, nice dividend (with special dividends now and then), and large management ownership.

With regards to the possible takeout, my initial thoughts were that Couche Tard would get sick of paying rent and buy them out. I am now thinking that it would be a decent way for a REIT to make inroads with a large potential tenant. Does that sound reasonable, or am I way off base?
Read Answer Asked by Alexander on April 22, 2013
Q: Hi 5i. Could you tell me why U (Uranium Participation) is trading down at $4.88 but on March 31 they estimated nav of $5.74. Is it a buy when the difference gets that much. Thanks
Read Answer Asked by Doug on April 22, 2013
Q: Hi 5i Team,

I subscribed to the service, which I really enjoy by the way, in December. I have started to work on building a "5i" portion in my RRSP and TFSA. My plan was to over the course of the year attribute around $3,000 per month to 5i stocks until I have 20 selections. Unfortunately the stocks I have chosen for the last 4 months have performed pretty badly and I am off around 7% YTD. I picked CFN, PKI, WIN and LIQ. My next investment plan is for May. With that said, should I:
1. Take my licks and sell any of the above?
2. Buy more of any of the above to average down?
3. Buy another stock? If so which would be your selection?
Read Answer Asked by Kim on April 22, 2013
Q: Hi Peter & Staff;

I watched Ret.a for almost a year and then when it hit 11.50 i bought 1000 shares. I researched the financial statements, phoned the ceo,and all due diligence. I considered the arrival of target,and asked many ladies if they had the same class of clothes,and the answer was a blunt no in most cases. Shortly after I bought it started the decline and is 8.25 this morning.
I read in the notes that they are buying back shares. D you think this is driving down the price?



Regards
BEN
Read Answer Asked by BEN on April 22, 2013