skip to content
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: "Is there a Canadian équivalent ETF ,or close to it,to this excellent sélection approach and choice of Cies like this US ETF?"
Sorry to repeat the question..
Concerning this recent question,I meant : a CDN ETF composed of Canadian stocks only,since the selection method of US stocks for SCHD is excellent,I wonder if there is a best Canadian ETF equivalent for CDN stocks
Read Answer Asked by Jean-Yves on December 15, 2022
Q: Hi Peter

There was news today that TC energy's spills have become more intense in the past decade. Is it possible this report may result in some serious repercussions for the company?
It has been many days since the recent spill and yet the root cause has not been identified.
Is there a quality issue with TC energy?
Overall, is it safe to continue holding TC stock ?
Read Answer Asked by Greyhair on December 14, 2022
Q: Hi Peter, Ryan, and 5i Team,

More comments, a question, and a link regarding Algonquin and some historical relevance!

AQN was held in my wife's RRIF and daughter-in-law's RRSP. My feeling is that AQN will be in the 'penalty box' for quite some time, and the share price will settle around $10.00 or less. Since they're both conservative investors, I switched them to Fortis FTS, which they already held in their respective accounts. It was an easy decision. Do you agree with the thinking here?

AQN was also held in our son's TFSA, but he needed the funds recently for a house purchase. I was fortunate to sell it at around $16.00.

I didn't act soon enough with the two other accounts holding AQN for several reasons. Living in Oakville, where AQN's headquarters is located, resulted in "home town bias" - a mistake in retrospect, because I never felt comfortable with its acquisition of Kentucky Power. It was too expensive, and too much debt was taken on by Algonquin.

Finally, here's a link from 'Seeking Alpha' which outlines the fate that AQN may face when compared to a similar ill-fated and debt-ridden mistake made by AltaGas when they bought WGN. It's taken them a long time to correct their mistake, and I suspect that AQN's mistake will have similar consequences.

https://seekingalpha.com/article/4563884-altagas-vs-algonquin-discounted-utilities-with-ominous-similarities?mailingid=29958270&messageid=must_reads&serial=29958270.150190&utm_campaign=Must%2BReads%2BDecember%2B12%2C%2B2022&utm_content=seeking_alpha&utm_medium=email&utm_source=seeking_alpha&utm_term=must_reads

Thanks for your continued guidance!
Read Answer Asked by Jerry on December 14, 2022
Q: Hi Peter and Staff

I know you cannot believe everything you read or hear. I hear a commentator say last week that the company had floating debt that had risen to 21%. Is this true? I know rates have gone up by some 4% by that would still mean they were paying rather ridiculous floating rates for a public company?

IF not true perhaps you could shed some light on what they are inflicted with as far as floating rate debt and terms?

Thanks for all you do
Dennis
Read Answer Asked by Dennis on December 13, 2022
Q: hi,
preface: this question is based on what I am seeing on globe investor data. I can't find a PE ratio on BEP-UN? I see negative EPS. I see a negative ROE?! and Debt/Equity around 5. yikes. can you please elucidate for those of us not fully informed on the financial issues with this stock? it is continually drifting lower, and is now back to levels 2.5 years ago. also, technically where do you think the downside risk level for the price is? cheers, chris
Read Answer Asked by chris on December 12, 2022
Q: Looking to sell either SYZ or AQN for a tax loss (will still retain SYZ and AQN in registered accounts). SYZ in an unknown, so I am thinking it may be the better one to get sell. AQN will still pay some kind of dividend and is more likely to improve with time. Would appreciate your comments.
Read Answer Asked by Grant on December 12, 2022
Q: Dear 5i,
Thanks for being such a wealth of objective information and happy holidays!
There has been recent insider buying at AQN at the much lower price. Can you please provide your opinion on whether the executives have "real" skin in the game. Some of them seem to have significant options available but do these give insiders a lot of incentive? If the company announced a 50% dividend cut do you think the stock price would go up or down?
Read Answer Asked by Ian on December 12, 2022
Q: Are any of these worth buying now, especially before a potential recession: CU-T, CPX-T, EMA-T, ENB-T, FTS-T, TRP-T and DGRO-A?
Thank you. Ron L
Read Answer Asked by Ron on December 08, 2022
Q: AQN was cut today from RBC top energy picks. Part of the reason is they feel the dividend will be cut because the payout ratio will exceed 100% in 2022 and 2023. In an earlier post you mentioned they have more than enough cash flow to cover their dividend (From that I concluded their payout ratio was well below 100%). Some financial writers have used earning when calculating the ratio, which is inaccurate, Is RBC doing the same? Find it hard to believe they would make that mistake. In your opinion is the ratio (at least for now) below 100%?
Read Answer Asked by Albert on December 08, 2022
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!