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: Hi 5-i:
Not a question,but rather a comment. I notice today that some members have written in about the results of what they have received from offering their IPL shares to Brookfield. I had 40,618 IPL shares times .250 = 10,154 exchangeable units, however, RBC direct investing showed in the activity section of my account 40,618 times .24974626 = 10,144 brookfield units. I am short 10 units times an approximate value of $ 71.00 = $ 710.00. Brookfield is using the .24974626 factor instead of the .250 that they offered. I am waiting on a resolution to the matter, but encourage others to check their account, and with their broker, and if so to express their discontent to Brookfield. They will save millions by using the incorrect multiplier. I experienced a similar problem when they spun out the BEPC shares. The announcement stated that all allocations would be rounded up, but when it didn't happen, I checked with my broker and they said that they were not allocated enough shares to do that. I recall that 5-i had some questions concerning that issue.
Thanks,
Ben.
Read Answer Asked by BEN on September 01, 2021
Q: We have 4 positions in SU; content to wait for the cumulative effect of cash flow and buybacks. There has been other advise given to us, to switch over to CNQ.
We have little knowledge of CNQ and such a move would require research. I don't want to do this homework, if it's a marginal idea to begin with.
Your help would be appreciated.
Read Answer Asked by Cacey on August 31, 2021
Q: I have enjoyed the ride up in the markets over the last year but am now looking to shift a chunk of dollars out of what has been labeled the Cathie Woods stocks. And potentially give up some upside potential for income.

With that in mind I am looking for high dividends with consistent payouts.

Looking at these etfs as a GROUP would they meet this criterion? ie payouts remain relatively stable if the market dips as some are predicting right now.

A drop in share price could be tolerated but the prospect of a significant decrease in the monthly dividend would not.

I guess this is a risk reward kind of question.

THANKS for any guidance you can provide.
Read Answer Asked by Donald on August 31, 2021
Q: Can you explain to me how Option 2 is supposed to work for the IPL takeover. Option 2 is 0.25 shares of BIPC subject to proration. In the Aug. 20 group, 90% of the IPL shares were converted to BIPC for those who chose Option 2. What happens to the remaining 10%? Are they paid the equivalent of 0.25 of a BIPC, or $20/share or ?? Since I received only $18.68 for my 10% I am thinking that I did not get 0.25 BIPC equivalent. Thanks. Feel free to answer privately if you prefer.
Read Answer Asked by Earl on August 31, 2021
Q: I am confused and frustrated about the stock price movement as between BIPC and BIP.UN. Today BIPC is down approximately 1.67% while BIP.UN is up 0.60%.

BIPC recently hit a high of $100 and is now down approximately 23% from such high. Meanwhile BIP.UN is almost at its 52-week high.

I want to buy BIPC because I want to avoid the hassels preparing by tax return that BIP.UN and limited partnership brings along with it (mainly the delay of receiving the tax form from Brookfield).

My question: How do I know I am buying BIPC today at a market equivalent price to BIP.UN ? I want to avoid buying BIPC just to have it further correct while BIP.UN remains the same or increases.

The "efficiency" of the stock market is clearly lacking here and also with all the Brookfield limited partnerships vs. corporation stock variations.

Thanks,
Thomas
Read Answer Asked by Thomas on August 31, 2021
Q: I need in increase my portfolio weightings in Consumer Cyclical and Utilities. I currently hold AQN, BIP.UN and FTS in Utilities in roughly equal amounts and hold QSR and LNF for Consumer Cyclical with QSR double the holding of LNF. Should I add to my current positions to increase my weighting in both sectors or consider adding new stocks?
Read Answer Asked by Sandy on August 30, 2021