Q: Thoughts on this company's metrics if one's portfolio is low in consumer staples. Buy, sell, or hold? If you don't like which consumer staples companies in the US are better and is it a bad time to add knowing they have done well in a bad market. Thinking people may sell and rotate into tech. Thank you!
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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: Hi 5i Team
Pretty disappointing day for AQN investors. Three questions:
1) Do you think they will need to do an equity raise in 2023 relating to the Kentucky Power acquisition? Initially, they're planning to cover it through existing borrowings (at floating rates) but management indicated on the CC that is expected to be short term.
2) Do you have any info on the actual NAV of their assets (thinking of this like a REIT)? If not, any suggestions where to look / how to calc?
3) Given the importance of dividends to investors (current and future), what will likely be the catalyst for cutting it and how long do you think they will hold the line before deciding it's necessary?
Thanks
Peter
Pretty disappointing day for AQN investors. Three questions:
1) Do you think they will need to do an equity raise in 2023 relating to the Kentucky Power acquisition? Initially, they're planning to cover it through existing borrowings (at floating rates) but management indicated on the CC that is expected to be short term.
2) Do you have any info on the actual NAV of their assets (thinking of this like a REIT)? If not, any suggestions where to look / how to calc?
3) Given the importance of dividends to investors (current and future), what will likely be the catalyst for cutting it and how long do you think they will hold the line before deciding it's necessary?
Thanks
Peter
Q: I have a question about 956
Good Morning. I think it’s time to sell Algonquin ( albeit about 6 months late) I was initially going to ask for a proxy but now with its prospects doubt I ever buy it back. With a long time frame and no restrictions on sector/ risk etc can you suggest 2 high conviction names please.
Thank you
Good Morning. I think it’s time to sell Algonquin ( albeit about 6 months late) I was initially going to ask for a proxy but now with its prospects doubt I ever buy it back. With a long time frame and no restrictions on sector/ risk etc can you suggest 2 high conviction names please.
Thank you
Q: I'm looking to boost yield while keeping a position in CDN oils (Diversified Rif account). I am up on CNQ and am thinking of a switch to GXE. Acknowledging the difference in mkt cap, are there other material risks of this switch. Wondering if Gears high yield is a warning sign
Q: Good morning all at 5i!!
I hold both having just purchased capital power a little while ago. I have held Algonquin for a long time. Should I sell Algonquin shares and buy more Capital power, or keep both since they are held in different portfolios???
Cheers,
Not liking the snow.. Tamara
I hold both having just purchased capital power a little while ago. I have held Algonquin for a long time. Should I sell Algonquin shares and buy more Capital power, or keep both since they are held in different portfolios???
Cheers,
Not liking the snow.. Tamara
Q: I note that the dividend rate is pretty high for this company, do you believe it's sustainable? Or would you suggest an alternative?
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Canadian Imperial Bank Of Commerce (CM $100.68)
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National Bank of Canada (NA $150.54)
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Algonquin Power & Utilities Corp. (AQN $8.02)
Q: Hi,
Having a position in AQN that is now underwater, I am wondering about selling it as well as two bank holdings that have a total profit equal to AQN's loss with the idea that I can use the proceeds to purchase another bank stock or two, top up ENB holdings, or something else you might recommend. All three holdings are in taxable accounts. Open to suggestions, as I have the sense that waiting to see how AQN does from here appears to be more risky than moving on. Your thoughts on this idea would be most appreciated!
Dawn
Having a position in AQN that is now underwater, I am wondering about selling it as well as two bank holdings that have a total profit equal to AQN's loss with the idea that I can use the proceeds to purchase another bank stock or two, top up ENB holdings, or something else you might recommend. All three holdings are in taxable accounts. Open to suggestions, as I have the sense that waiting to see how AQN does from here appears to be more risky than moving on. Your thoughts on this idea would be most appreciated!
Dawn
Q: Do you feel both these utilities are in oversold condition based on your review of their latest quarterly results?
Q: What is your opinion about the sustainability of the dividend with AQN? With the recent price fall and financials and their outlook, it looks pretty shaky...
Q: Do you think there is a realistic chance of a dividend cut at this point? If so, where would you place the odds?
Q: Could you please comment on FRU's Third Quarter results and your expectations for the stock over the next 12 months considering these results, the company's guidance, production growth and your assessment of oil and gas prices over this period. I currently own shares in the company. Would you continue to hold the shares or perhaps, add to the position?
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Fortis Inc. (FTS $69.59)
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Brookfield Renewable Partners L.P. (BEP.UN $34.85)
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Algonquin Power & Utilities Corp. (AQN $8.02)
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Capital Power Corporation (CPX $58.57)
Q: Hi Peter, Ryan, and Team,
Would you consider Algonquin to essentially be an income stock in the near term? Having held it for some time now, and always 'hoping' for better results, we now find ourselves underwater. (Too bad we didn't sell yesterday!!) In the Utilities sector, we also hold BEP.UN (terrific gain, CPX (also underwater), and FTS (nice moderate gain). Once the dust settles, and we’re able to sell AQN, which of our other Utilities would you suggest to put the proceeds, or is there perhaps another Utility you’d recommend? Thanks as always for your timely advice.
Would you consider Algonquin to essentially be an income stock in the near term? Having held it for some time now, and always 'hoping' for better results, we now find ourselves underwater. (Too bad we didn't sell yesterday!!) In the Utilities sector, we also hold BEP.UN (terrific gain, CPX (also underwater), and FTS (nice moderate gain). Once the dust settles, and we’re able to sell AQN, which of our other Utilities would you suggest to put the proceeds, or is there perhaps another Utility you’d recommend? Thanks as always for your timely advice.
Q: I dis read your comment today on a "similar" question,I hold a large amount of this stock in registered and non registered accounts , mainly for dividends during future retirement .Is the actual dividend at risk ,and is this Cie at risk for a longer term investment ( In other words ,is it relatively safe to keep this large portion of the stock?) , Regards
Q: Please offer your thoughts of recent Birchcliff earnings.
Thanks
Thanks
Q: Could you comment on earnings. Any red flags or is this a buying opportunity for a long term investor.
Thanks!
Thanks!
Q: Hi Peter, what did you think of earnings and guidance for each ? Any tells from VET postponing their buybacks ? Thank you.
Q: your thoughts of Peyto earnings please?
Q: Please comment on latest Q results.Very negative response as dropped some11.4% & now trading near 1 yr low.Add,Hold or Sell? If sell,please provide 2 good names.Txs for Uusual great services & views
Q: Hi Peter
I am thinking of balancing the asset type in my income portfolio .
I am currently 40% financials , 25 % energy stocks . 25 % real estate, 10 % consumer
Do I need to rebalance?
Do you have suggestions for dividend paying growth stocks that i can add or health stocks that you would recommend over my current portfolio.
The minimum dividend for a stock in my portfolio income portfolio is 3.5 %
Thank you
Howard
I am thinking of balancing the asset type in my income portfolio .
I am currently 40% financials , 25 % energy stocks . 25 % real estate, 10 % consumer
Do I need to rebalance?
Do you have suggestions for dividend paying growth stocks that i can add or health stocks that you would recommend over my current portfolio.
The minimum dividend for a stock in my portfolio income portfolio is 3.5 %
Thank you
Howard
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Peyto Exploration & Development Corp. (PEY $18.79)
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Paramount Resources Ltd. Class A Common Shares (POU $20.21)
Q: I have both Tou and Cnq already, which one of these junior gas producers look most attractive, Pey for its 10% dividend or Pou’s growth prospects?
Thnx 5i
Dave
Thnx 5i
Dave