Investment Q&A

Q: Thoughts on the latest quarter? Conference call was quite positive. Thanks...Steve

Q: I tried to apply Chris White's 5 factors to PET however impossible as only been public for less that 1.5 years. That said, does 5i have an opinion on how investable PET is at this point? Personally I think with the PE of 25, increasing revenue and earnings (albeit short period), and a narrative that I think makes sense, I feel that it should have a bright future as I see a lot of stores going up.

Q: Hi Folks,

Can I get your views on LIF, in particulat the medium and long-term outlook? Thanks.

Q: A Bloomberg recently article said that Enbridge is going to apportion space on a segment of its Mainline system by the most since November last year. It went on to say that 'apportionment is when shippers reduce volume when they see too much demand on a system, and has contributed to a glut of supply in the past as producers are left with the excess'. The article further said that 'pipeline apportionment has previously led to large discounts for Canada’s crude oil and now threatens already-weak oil prices'.
Lastly, it said that 'the rise in apportionment signals that export lines may be filling up again amid record oil production in the province and rising demand for Canadian...'
I couldn't unpack the above and was wondering the effect it would have on the stock. I see that today 21 Nov the price has not moved much.
Many thanks

Q: I've missed the energy company run up (other than my lone holding = SU) but maybe better late than never? Which Canadian oil and/or gas producer would you recommend?

Q: Which US, dividend paying, equites do you see as inviting these days? I have a lot of ABBV and SPG so perhaps other sectors. Thank you ( PS, I asked this question last week but received no reply.) Al

Q: I just read this morning tour response to the possibility of a dividend cut st Algonquin. Then i read an article in the globe and mail about a number of directors buying shares. One would assume that they would know if a dividend were to be cut, no?
Thanks as always for the great advice

Q: How does this stock compare to others in its sector? When specifically comparing others in its sector, what are the potential risks associated with this stock?

Q: Is there any reason for concern about ALA,s recent drop . Should I hold as I am still up?

Q: Would under $8 be a good entry price for PHX?

Q: Hi 5i,
sorry for beating this horse but I would appreciate your thoughts on AQN.
These are speculative events. Can you prioritize these possible future events and give some high level reasons they might do it. Priority #1 being the most likely if it ever happens. (a) approx. dividend cut by 50%. (b) issuing more shares. (c) buying back shares. (d) issuing more debt. (e) asset sales. (f) others? I noticed that there has been some insider buying buy the CEO very recently. Thanks for your thoughts!

Q: Hi 5i team,

Algonquin Power's yield is over 9% with recent drops on the share price. Can you please predict the odds for the company cuts the dividend? Is current CF able to cover the all the expenses?

thanks,

Q: Good morning,

Can you rank the following for me in terms of preference for a long term hold:

Telus
BCE
TC Energy
Great West Life
Emera
Capital Power
Pembina
Sun Life
Enbridge
TD
RBC

Thanks.

Q: I am a holder of MRU and currently trying to decide if I should either trim or sell and deploy capital somewhere else. the P/E seems high, relative to pears, and it has had a good run recently. My holdings represent 4.0% of the portfolio, but would love to get a little juicier yield. Is it still and good holding in a recession situation? Your perspective would be appreciated.

Q: I am aretired dividend investor and tend to keep stocks. My full position in AQN is nearing a half position (its in a RRIF so no tax loss selling). The 9.4% dividend for a Utility is extremely attractive. I am thinking of buying some more. I have read the questions and I realize a dividend cut could happen but since they will not report again until March 1, is a cut, if there is one, before then unlikely?

Q: What does your crystal ball say about the potential of a large activist investor getting involved in aqn and shqking things up?

Q: What would be your top picks for dividend stocks that are trading currently at good discounts and have a great recovery potential-across all segments US and Canada? One group making 3.5% or higher; one group 2-3% but have more growth opportunity? Thanks.

Q: Great news release yesterday….
No debt, 50% dividend increase, NCIB

https://alvopetro.com/News-Events

Why would they want to purchase shares when the float is only 35m and very thinly traded to start with?

Thank you

Q: Good afternoon,

Can you confirm if CSW.A reduced their dividend over the last few days?

If they did is it a hold for income or time to abandon ship? I have no intention of buying more.

Thanks for your help.

Q: In your last blog, there was an interesting article about “Yield is for Farmers.” The gist of it was that farmers can increase the yield from their acreage and get more crops grown from their land, but that yield is a misleading concept for stocks. In stocks, a higher yield does not give you any extra return. All it does is return more of your own investment in a company. Once the cash dividend is paid to you, the economic value of the company you own drops the same amount. I notice this all the time with BCE, FTS and other well-known dividend payers. The author says bond yields are the only true yields as you get the income paid on top of your original investment.

What do you think of his position that yield is not a relevant concept for stocks?

Thanks
Dave