Q: Every time a company cuts their dividend, the stock suffers.....BCE should be no different and it becomes dead money for awhile..at what support price should I start a new position??...
All these questions about BCE and it's dividend has me worried about the other two in the industry. Could you comment on T and RCI's debt load, payout ratios, dividend sustainability, and earning growth rates?
Also, separate/unrelated comment: It would be great to be able to do a search on a company and have BOTH the Canadian and U.S. questions both come back together. It's a bit of a pain to have to do two separate searches and then manually read them in chronological order. Well, it is the season...and I thought I'd just ask... :)
You mention the following for Algonquin Power in your Nov. 19 Tax loss screener :
‘We don’t think investors should try to catch the bottom in AQN at any price until the company manages to reduce its debt levels to conservative levels.’
Apparently, the company is trying to sell its renewables to raise money and reduce its debt load. The question becomes, in this post Trump world where renewables have suddenly become a buzz word for undesirable assets, how will the company be able to raise a reasonable amount to achieve its goals? And if it can’t what will ‘any price’ will be for you ?
Q: I bought this stock about 3 years ago at $2.85 and today it is about $3. I choose to have my dividends reinvested so today have an additional 300 shares but my Adjusted Cost Base has also gone up accordingly. I am ahead very little considering the length of time invested. Do you have any suggestions on income vs growth? Am I better to continue this dividend reinvestment or just sell the stock and move on, or just move to cash dividends? Thank you.
Q: I read your comments on Canadian telcoms with your suggestion to go to the US to get exposure in this sector (TMUS). But could part of the weakness in Canadian telcos be due to tax loss selling? Or are there too many long time share holders whose adjusted cost basis is so low that even this year's telcom pull back is not enough to trigger a capital loss? Just a thought, s for me I will keep my telus but I am not adding any more.
Which Canadian companies would meet the criteria to be considered dividend aristocrats, if they were listed in the US? I know one of the criteria is that the company must be a member of the S&P 500 Index, so obviously an equivalent index membership will have to be used; perhaps the S&P/TSX? Or, would you apply a minimum market cap threshold? It would be interesting to know what Canadian companies would meet the test. Thanks.
Q: telecoms have had a rough year and have not reacted positively to the lowering of interest rates with the heavy debt levels they have I would have expected a positive reaction by now. That being said if you had to choose between Rogers, Telus or BCE what one would you choose and why ?
Q: I know that utility and pipeline companies usually have higher than normal debt levels but would any of these cause you concern? A quick comment on each company would be appreciated and whether you would buy, hold or sell. Thank you!
Q: Hi there yesterday you were answering about buying BCE after a rate cut. You said many are “expecting” it. Are you?
You said awhile back you were not expecting it but has your stance changed?
Might be better to do a Sell for losses now in an unregistered account then wait and buy back after the cut? I’m a long time holder and believer but getting nervous!
Q: I am looking to add either CP or CNR to my portfolio. Would you please provide your views on these two companies and advice which you would prefer at this time and why.
Q: thinking of new position in CP...pros and cons of this company?...what effect would tariffs have in revenues and profits? should i buy US or CDN dollars? many thanks
Q: Hello 5i, Could you give your opinion as to now that Capital Power is totally off of coal and is now considered a green company, would there be interest of a takeover of Capital Power and if so which companies could be considered to be interested in taking over Capital Power. I think Transalta would be a front runner.