Investment Q&A

Q: My Consumer Cyclical sector is too low; I need to increase it. What are your Canadian recommendations in this sector at the moment? Thank you

Q: Should we worry about those recent earnings? Still hoping the real estate spinoff is worth the wait.

Q: I hold these stocks in a registered account. Both are down since the start of the year (2024). Is this a good opportunity to add. Long term hold. You thoughts Thanks David

Q: Please provide brief analysis on quarter and if this is still a stable LT hold with great capital allocators

Q: Thoughts on the quarter for Leon's. With a sluggish Canadian economy and curtailed immigration I am concerned about their ability to grow. That being said, management is excellent and they have the upcoming reit spinout. What should shareholders expect in the REIT spinout? Do you see some nice upside due to this or have most of the gains been made around the announcement.
Thanks Rob

Q: Good Morning,

SPB has bounced back somewhat since the recent dividend cut.

Do you expect any further appreciation or is now a good time to sell.

Thanks.

Q: Hello 5i,
It was mentioned that AW:CA is worth keeping for income. So far I am down $3,000. Is there a reason for this? I know we are not fortune tellers, but after an initial period of indecision would it be expected to go up? Would you suggest an adding to QSR in a U.S. account or another Canadian option? If so what should be considered? Time frame is five years for this 78 year old income investor.

Q: Please comment on EIF's latest Q and acquistion of Spartan Mat on Nov7,and going forward Reached $57.69 ATH on Nov 8,then retreated to close at $55.87 - .02 .Buy/add,Hold or Trim. Txs for U usual great services & views

Q: I opted to do the split (keep 70%) and did okay but there is no indication about its dividend. Right now there is no dividend. What gives?

Q: Good morning,

Just looking for confirmation of the recently-announced TRP and SOBO dividends.

I see TRP @ C$0.823 for an indicative yield of 4.85%.
I see SOBO @ US$.50, for an indicative C$ yield of ~ 8.5%.

It would seem to me that if one is + on the space, given recent analyst estimates for both companies, owning both makes sense over the near-term. While I like the SOBO yield, I had forgotten that the TRP yield would drop a bit.

Thanks as always.

Q: Which one do you prefer? Thanks.

Q: With BCE’s dividend yield now at 10% following a sharp drop in its share price, do you think the management might decide to cut the dividend soon? I’d appreciate your thoughts on this.

Q: Can you please give your opinion on which of these two companies will be most negatively affected going forward by:

- disruption

- competition

Which has the best outlook for its:

- balance sheet

- business growth

- dividend growth

Ultimately if you had to sell one or choose only one for a long term investment, which would it be?

Q: Hi 5i, thoughts on quarterly release pls and thx. Numbers look OK, and their capx seems to be decreasing. Is due to them nearing completion of 5g build out? If so this company should turn into a cash flow machine to pay down debt and other shareholder friendly moves.

Q: Buy, sell or hold with a few comments on each
Much appreciated. ram

Q: More brisk selling today.
Time to sell now or take an aspirin and sit tight?

Q: Like many others, I’m very frustrated with the performance of both Bell and Telus. (Bell is held in a non-registered account so could be a tax-loss candidate. Unfortunately Telus is held in my RRIF.)

Due to the decline in both BCE and T, Portfolio Analytics indicates that I'm underweight in the Telecom sector - not surprising! With such headwinds in this sector, do you see the need to replace Bell with Quebecor to stay in the same sector, or should I accept that being underweight can be a good thing?

The reason I’m considering QBR.B is because we recently switched from Bell to Freedom for our mobile phones. As well, their chart looks a lot better than either Bell or Telus.

Would you sell BCE to buy QBR.B or would you use the proceeds to buy into a sector with some tailwinds?

What sector(s) do you feel have tailwinds going forward?

Your comments are valued greatly. Please deduct as many questions as you see fit.

Q: I bought my first 100 shares of BCE on Oct 22, 2014 at $47.79. Ten (10!) years later it is $38.94/share. I estimate that over those 10 years I have received $32.34 in dividends - so that helps. But holding a stock whose share price is down 20% after 10 years is not something to be proud of.

I am torn with what to do with my BCE shares. Sell all, sell half, buy more? I am trying to maintain a diversified portfolio by having exposure to the Telecom Sector, and I am not interested in replacing BCE with Telus, Rogers, etc. I already own Telus, and am down on that as well.

Telecom stocks make up about 7% of my portfolio today (my target was 8%), so if I sold BCE my % in Telecom stocks would decrease further.

If I sold any or all of my BCE, the first choice would be to replace it with something in the Telecom sector from the US (not Canada!) to keep it from falling too far away from my target of 8%. What US telecom stocks would you suggest that are performing better than BCE, T? The Telecom sector has NOT been the place to be this year, and the future does not look any better, so it is hard to maintain my sector diversification target.

For a moderate growth investor with a medium risk tolerance, what % of the portfolio would you suggest be in Telecom stocks? Is an 8% target too high?

Q: I know you have had mixed commentary on these two. Questions:

1. On BCE, do you think the dividend on common shares is "safe" (I own it for the dividend ... capital appreciation is less of a concern) Would I be better off simply selling my common BCE shares and buying some BCE preferred shares (and if so, which one). Or should I sell it and buy something else with more upside ?

2. SPB announced a major cut to their dividend this morning. And based on my reading, the latest quarter was less than staller. What are your thoughts on this one overall given this news?

I hate being reactionary but I'm down over 20% of both of these ....

Q: SPB took a huge hit this morning, What’s happening? Is it still a hold?