anthonymaw

anthonymaw
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  • BCE's (BCE) CEO George Cope on Q4 2015 Results - Earnings Call Transcript  [View article]
    BCE is a great defensive stock in volatile markets. Great dividend yield. Good stock to go long as a DRIP in an RSP portfolio for Canadian investors. Too bad they don't give wireless plan discounts to shareholders LOL
    Feb 4, 2016. 02:38 PM | Likes Like |Link to Comment
  • Endeavour Silver: I Just Did Not See This Coming  [View article]
    I owned it many years ago and was lucky to get my money back out at a slight loss. Endeavour is yet another day trader, swing trader (and short trader's) stock play. Owning it is akin to gambling since like all other junior mining stocks since it doesn't pay a dividend even if/when they ever turn a cash profit. You buy it on speculation of potential capital gain only which puts you and your money squarely in the sights of the aforementioned traders making their money gaming other speculative investors. If that's what you do then kudos. I would not touch it or any other junior mining stock. It's not an investment stock under any circumstances, just a speculative gambling stock. so you have to watch throughout the day every day or risk your fellow traders running away while you're not looking. If yo do your research then history has shown that the silver market is one of the most heavily manipulated metals markets out there playing on (mostly Americans) antiquated historical beliefs in silver, nothing to do with supply/demand fundamentals so the stock is determined by investor psychology and that's impossible to calculate.
    Jan 30, 2016. 09:39 AM | 2 Likes Like |Link to Comment
  • The Rise Of Pakistan: Industry Approach Is King  [View article]
    I have personally travelled Northern Pakistan a few years ago, going in from China over the incredibly rugged mountainous Karakoram Highway over Khunjerab Pass - known as the "highest land border crossing in the world" at 15,400 ft altitude. The so-called "corridor" is a well paved 2 lane modern highway in China right up to the borderline. From there it's an unpaved narrow winding gravel road carved through mountains and steep valleys and riverbeds into Gilgit and Abbotabad (the town where Osama bin Laden was allegedly killed by the Americans in 2011). Part of the route is now flooded by a lake formed by a huge landslide in January 2010 destroying highway infrastructure works then under construction and the Chinese are looking to tunnel through the mountains. The entire corridor region known as the Pakistan Northern Territories is militarily disputed with India. It's an amazing part of the world to travel and the Hunza Valley is renowned for some of the oldest living people in the world. As far as economic value goes it will need massive infrastructure investment (by China) to have any significant economic impact.
    Jan 29, 2016. 09:29 AM | Likes Like |Link to Comment
  • Is BCE And Its High Dividend A Good Place To Hide During A Recession?  [View article]
    Canadian investors receive the full dividend immediately and furthermore benefit from a dividend tax credit to reduce income taxes owed. This is designed to benefit Canadian retirees living off dividend income in lieu of pension income. Whereas foreign investors need to consider the withholding tax and issues of dual taxation.
    Jan 18, 2016. 02:05 PM | Likes Like |Link to Comment
  • Is BCE And Its High Dividend A Good Place To Hide During A Recession?  [View article]
    Currency risk aside which only matters to foreign investors, Bell Canada is a great stock to buy-and-hold (or more specifically buy on the dips and hold). Like every telecom it's exposed high capex costs as newer technologies emerge (for example upgrading cell towers to LTE, 4G) BCE needs to spend capex to "keep up with the Joneses". However BCE is firmly embedded into Canada's very existence as a modern-developed nation: BCE provides critical data services for everything from government to financial institutions (I work in I.T. for one such BCE entity customer and I'd bet that the very text of this post was transmitted at some point on BCE lines) so it's not going anywhere soon. BCE has limited potential upside (don't expect a 2 bagger overnight) but at the same time limited downside potential. Buy it on the dips for the dividend for your retirement income portfolio.
    Jan 18, 2016. 11:54 AM | 7 Likes Like |Link to Comment
  • Royal Bank Of Canada Is A Strong Source For Dividend Income  [View article]
    Royal Bank is a cash machine like most Canadian banks it has a payout ratio of 45%.

    RY has never cut the dividend even during the doom-and-gloom era of 2009-2012 and a good history of dividend increases that outpaces inflation.

    At the current price of CAD $67 it's got a 4.5% dividend yield (and taxed at the lower dividend income rate) which is a lot better than depositing cash with them and getting 0.25% interest (fully taxed to boot)

    RY is widely held by institutional investors and mutual funds so when fundholders say "get me outta here!" the fund managers have to sell at the market offer price which is a mechanism that drives it down regardless of underlying value.

    Unlike US banks Canadian banks are comparatively well-regulated and exposure to the sinking resource sector is a percentage of their business of which the risk is manageable.

    Experienced investors will have seen this kind of headline news fear-and-loathing before and in hindsight realized the selloffs like in 2012 and 2009 were fantastic buying opportunities for Canadian banks.

    The March 2009 sell-off and V-recovery would have given shareholders a 2-bagger on RY stock!

    Sure the stock price flops around but would you rather buy at 52-week highs or 52-week lows? LOL
    Jan 16, 2016. 11:59 AM | 1 Like Like |Link to Comment
  • Yamana Gold Is Not A Buy According To My 2-Factor Model  [View article]
    Investing in anything to do with commodities, gold included, has been a disaster for most investors in the last 5 years. The entire gold price bubble 2011 was due to wild speculation fuelled by ETFs where speculators could trade gold without ever taking delivery and driven by media stories of Chinese and Indian demand. Having worked in the Vancouver-based mining sector for over ten years all I can say is that gold companies like Yamana can cruise along for years in the current status quo and until there's another "double-digit China growth story" or something similar you will not see any spectacular valuation capital gains and there are other places to seek dividend income.
    Jan 16, 2016. 10:49 AM | 1 Like Like |Link to Comment
  • CIBC: Is The Recent Weakness An Opportunity For Dividend Investors?  [View article]
    Yeah I own CM at CAD 75 also for the last 5 years my position up like 40% with capital grown and dividend reinvestments today compared to my principle investment. Not as high as 107 peak, but still happy. It dipped down to 43 in late 2012 during the US and Euro debt crisis. Yeah I didn't feel good at the time but sucked up the grief and rode it out and in hindsight what a bargain price that was - should have averaged down !!!! If Canadian bank stocks crash you can bet everything else in Canada - including real estate - will wipe out. Not likely to happen unless there a meteorite heading our way....
    Jan 13, 2016. 10:51 PM | 1 Like Like |Link to Comment
  • Royal Bank Of Canada Is A Strong Source For Dividend Income  [View article]
    If you are underwater on Canadian bank stocks then just sit tight. The dividend yield is respectable but it will take some time to recover. If you are a Canadian investor you can request to have it in a Dividend Reinvestment Program (DRIP) so that the dividends buy more shares are the prevailing market price - this has the "snowball" effect of accumulating shares over time. Also take advantage of really big irrational sell-offs like March 2009 when you could have bought canadian banks at half their current prices and dividend yields were in the 10% range.....Canadian banks have never cut their dividends in recent history even during the 2008 USA banking meltdown....remember that!
    Jan 13, 2016. 10:45 PM | 1 Like Like |Link to Comment
  • Royal Bank Of Canada Is A Strong Source For Dividend Income  [View article]
    yeah but Canadian banks on the bottom fishing strategy - put in a "stink" low-ball bid a dollar or two below the 52-week low and see if any scared seller bites.....with 5% dividend yields, 50% payout ratios and a history of increasing dividends by around 10% almost every year over year you can buy the bank of you want money.
    Jan 13, 2016. 07:00 PM | 2 Likes Like |Link to Comment
  • CIBC: Is The Recent Weakness An Opportunity For Dividend Investors?  [View article]
    No need to be politically correct, "Asians" you mean mainland Chinese immigrant-investors are (illegally) piping capital into Canadian housing market if only because they've driven the housing market in major Chinese cities to astronomical levels making Canadian real estate look cheap. Condos in Shanghai and Beijing are more expensive than in downtown Vancouver and Toronto. The big risk is that if the real-estate bubble in China blows the supply of refugee money to Canada gets cut off. Those Asian investors in Vancouver properties may become challenged with paying high property taxes in a high cost-of-living city....
    Jan 11, 2016. 05:34 PM | Likes Like |Link to Comment
  • CIBC: Is The Recent Weakness An Opportunity For Dividend Investors?  [View article]
    Canada has a declining economy, rising cost-of-living, aging population and an intense housing-speculation bubble. 'nuf said, eh?
    Jan 11, 2016. 05:28 PM | Likes Like |Link to Comment
  • Suncor Energy Is The Berkshire Hathaway Of The Oil Patch  [View article]
    Sunoco is vertically integrated "pump-to-pump" company so what they lose in crude oil revenues they gain in the increased spread with gasoline and diesel sales, a business model that none of the other potential takeover companies can compare to. The speculation of Suncor takeover has lately been fuelling speculation on stocks like Penn West and Meg stocks driving the price higher despite their enormous debts and negative cash flow. As they say, the big fish eats little fishes.
    Dec 16, 2015. 12:43 AM | 2 Likes Like |Link to Comment
  • Royal Bank Record Earnings  [View article]
    Your reason to buy Royal Bank of Canada stock is primarily for the steady annually increasing dividend payout, not for capital appreciation. Canadian banks in general are well regulated unlike US banks so systemic risk is very low. So accumulate RY stock buying it on the dips. US investors face additional currency risk. RY stock is best suited for Canadian investors putting together an income portfolio for retirement, especially with the Dividend Reinvestment Program.
    Dec 8, 2015. 12:24 PM | 1 Like Like |Link to Comment
  • Is There Any Hope Left For Taseko Mines?  [View article]
    Without a dividend yield and without daily headline grabbing "double digit China economic growth story" Taseko stock is a volatility play by speculating investors so buy it on the dips and sell the peaks on news releases.... Given its spectacular downfall from $7 per share just 4 years ago, investors have been massive screwed (myself included), along with all other Canadian mining equities.
    Nov 27, 2015. 01:45 PM | 3 Likes Like |Link to Comment
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