Investment Q&A

Q: Just like to get your thoughts on Tidewater it’s been around it’s 52 week low now for a couple of months do you think there is value here and what could drive that,could they possibly be a benefactor if the large LNG project goes through in northern B.C.
Thanks as always

Q: Hi 5i - whats your take on BPF.UN at the current price? I have a 1.5% position and was thinking of adding. Thanks, Neil

Q: I'm going to start shifting my holdings toward 5I's income portfolio over the next several months. Which two stocks from that portfolio are the most compelling buys at the moment?

I hold Brookfield Renewable and Enbridge.

Q: Hello. My parents are elderly, and we have taken over managing their financial affairs. Although difficult to predict, I expect my mother will still be alive for another 3-4 years, so that is the time horizon we are working with. They have total savings of about $2.5 million, which we are amalgamating from various mutual funds and from the sale of their house, etc. We are considering using the wealth management services of BMO. We have told them that we are primarily interested in capital preservation. My father has a pension, so their monthly income needs are met. The representative recommended the PIMCO Monthly Income Fund (Canada). I'm not sure if it the same one as has been discussed here before. The identifier on the sheet is "Series F fund code PMO205", described as a Global Fixed Income fund. In any event, they were recommending 65-70% in the above fund, and 30-35% in a "Dividend and Income Guided Portfolio" which consists of 25 blue chip Canadian and US stocks (I won't bother you with their stock selection; it looked okay to me). They said they would gradually move money from the income fund to the stock fund during market drawdowns.

My question is, what do you think of this PIMCO fund? One of my concerns is protecting their money in a market correction. Would this fund be okay? Also, are the bonds in general of high enough quality that they would not be downgraded into the high yield category if things really get ugly? Has it had any negative years?

Thanks for your help.

Q: Can you please advise me which would be a better choice for short and long term . Thank you,
Maria

Q: Hi,
As a follow up to Loretta's question today (the 23) about your 3 favorite canadian utility stocks. You listed Enbridge, Brookfield Renewable, and Algonquin. Your referral of those makes me happy since they are the 3 I already own. To me they all seem to be in different parts of the sector though. Would you be concerned if the total weighting got to 10 or 12 percent combined for all 3? I use all DRIPS I can and have a long time to wait (I'm only 32). What would be your max total weighting between for the 3? I have no plans for adding other utilities anytime soon. Do you have a order of favorites for these 3 where you would allow one to gain more weight over another?

Thanks

Q: I see on June 4th you said Alaris was not a "need to own" stock and then on July 13 it was a "hold". Has anything changed with the company? I'm underwater with it and debating whether to sell or hold. I have a full position and was thinking to sell 50%.
What is your latest update? Thanks!

Q: With the decision deferral for Avista by the regulator and no board of directors in place for this company what are the odds now this takeover will not proceed? If not doesn't this make the installment receipts a buy since holders will receive their money back? The market doesn't seem to price in this possibility or is there something I'm missing?

Q: What are your top three Canadian utility stocks at the moment?

Q: Hello,
Gibsons tempting at yield of over 7%.
Price relatively sideways between $15 - $20 over last 2+ years.
I don't mind holding just for income but:

1) Is Dividend safe?
2) What is keeping stock price in this sideways pattern and is there an even small chance of growth?
3) Buy, Sell or Hold?
4) Do some analysts say "Hold" as a polite way of saying "Sell"?

Many thanks.

Q: Hi,looking for a good dividend company for 4+years with,
Good Mngmt
Low or manageable debt
A little growth
Could weather a 20%+ market correction
Could you please rank these companies or add one you feel is better. Sector not a issue
Thanks, doing good following your picks. Brad

Q: hi Ryan any thing out on ala down 3+% today
Kind regards
Stan

Q: Hi
Do you know when ENB plans to buy ENF? And, please advise your favorite Canadian dividend grower that yields over 4.5 %. I, like others, will be overweight ENB when this deal consumates. So I will need a replacement. Thanks Frank

Q: Would you support buying CU for income at this time? Is the price likely to decline further? As of today, the stock price is close to it's 52 week low of $30.80. I'm attracted to the 4.73% yield and the 10% dividend increases. If not CU, what else looks like an attractive buy for a longterm dividend income portfolio. (No banks please. I have plenty of bank stocks.)

Q: What are your thoughts on Aimia's announcement of them getting into the airline business? How do you see the future of Canadian airline competition and this affecting Air Canada's planned loyalty program?

Q: Hi, How does Alcanna look at this stock price ? Would you wait for a couple of quarters for results, once legalization takes place or buy a position before October ?

Q: Hi thinking of adding to either ax.un ,kwh.un , DR or hot.un which of these do you think the div is the safest and has some upside potential thanks

Q: With all the questions on this KWH -which I’ve tried to read them most carefully -could you give your opinion of management? Perhaps on various points giving 5i grading on them. Ie trustworthiness, competence, PR handling....

Q: AW.UN is up over 6% in the past two days. Volume has been more than 2x the norm on both days. I don't see anything that is causing the interest. They report on July 24.

Q: Comment on FERC rulings effect on ENB