Investment Q&A

Q: Can you provide some data points around dividend "growers" companies and if not available dividend companies in general. Current P/E forward looking vs. historic average and ranges. Just wanting to get an idea on how much higher than the average these stocks are currently compared to historic levels, how overvalued they "may" be to help assess downside risk. Thanks!

Q: Premier Wynn announced today minimum wage goes to $ 14.00 an hour Jan. 1st 2018 and then to & 15.00 Jan 1st 2019. Alberta is similar $ 15.00 in 2019. B C will have a NDP government soon and they may follow. Not good for Service Industry like A & W, Tim's, Cara etc. What other Industries will be effected ? Part Time workers to get same benefits. Corporate Leaders are concerned. Good for Workers.

Your comments please.

Q: Hi Peter, Ryan, and Team,

Sorry for another A&W question, but do you think the Ontario government's plan to raise the minimum wage to $15.00 will hurt this stock (as well as others in this space)? I suppose that A&W could raise their prices, but they already seem to be at the high end pricing of the quick-service-restaurant space.

Thanks as always for the pertinent advice.

Q: What do you think of pivot as an investment for tfsa?

Q: (1) I own Eclipse (ERM) for yield, what are your thoughts on holding this stock? (2) Is it in the exact same area as Atrium Mortgage and MCAN Mortgage Corp which I also own?
(3) These stocks in the Mortgage area represent ~ 6% of my portfolio, for diversification and safety, what % allocation of these stocks would you recommend I hold or sell or are there better choices? Thanks!

Q: I just saw that trading was halted on KWH.UN it is only down 1.05% on the day. Can you provide any insight?

Thx

Steve

Q: are the crius receipts being offered at 9.80 a good deal in realation to the deal just announced. dave

Q: I assume that the price of AW is declining in response to the perceived slower growth of the company. If this is the case, would it then be viewed as similar to that of Boston Pizza? If that is the case, what might we expect the share price to be when a multiple similar to that of Boston Pizza is applied?

Appreciate the insight.

Paul F.

Q: Hello, Kinder Morgan Canada is going to market tomorrow with an issue price of $17 and a 3,8% dividend. What is your opinion on the stock with the risk involve?

Q: Hi Team,
A&W price falling for 8 sessions to today $34.50 Can you comment on it Please !
Thanks as always
Tak

Q: Any reasons for sharp drop.Is this a good entry point @ this level & why?.Thanks for u normal great services & views

Q: Would you recommend oaken gic if we remain under the $100k threshold ?
Would both account be cdic insured if we invest say $80k in a 1 year gic and $80k in a 2 year gic ? Thank you.

Q: I would like your opinion on BLX. I especially like the cash flow that BLX generates. Thank you in advance.

Q: Thanks for your response to my recent question. I understand some of the short term issues re share performance but I wonder about the Spectra purchase long term. Is the acquisition accretive and the debt load manageable longer term to continue to make ENB an attractive investment?

Q: BROOKFIELD RENEWABLE PARTNERS L.P. is, I believe, the legal name for the Brookfield business with TSX symbol BEP.UN. Is BEP.UN a U.S. Master Limited Partnership (MLP)? An article in the May 27 Globe Report on Business discusses the risks to a Canadian investor holding U.S. MLPs, including a 39.6% withholding tax on payments to non-residents (according to the article, the tax applies to both registered & non-registered accounts). Is this applicable to BEP.UN.? Thanks for your reply. Edward.

Q: Enbridge has been steadily drifting lower, down about $5 a share in the past month. Would you have any incite into the reasons for this decline? Also do you foresee anything on the horizon that might stop this erosion in share value?
A roughly 10% drop does seem excessive for a conservative company such as this.

Q: I have a 50% gain on CAE over the last year or so. Would you sell it now before the earnings and purchase ENB for the long term?

Q: Unfortunately I hold a small position of Aimia shares (AIM) in a registered account. I have been unable to find a specific reason why A.C. made this announcement now, since the contract only expires in several years. Any ideas as to why? Unless a contractual requirement, might it be a hardball negotiation tactic on their part to renew earlier, if the deal is too one sided?

Assuming A.C. is gone, would not all depend on the quality of management and how might an investor determine their acumen to respond successfully? What I have seen so far is not necessarily reassuring. First, they seem rather silent given the extent to which the stock has fallen. Second, would it not make more sense to cut the dividend and peg the payout to a percentage of the stock price which is more in line with market norms? Would not using the extra cash to build up reserves and/or buy back shares be a better use of capital and a sign of confidence for the market? The situation reminds me somewhat o Noranda Income Fund and the deal they had with Glencore?

I think the reaction is overblown but that is an opinion the market clearly does share given the stock price. Would very much appreciate your insight.
Thank you

Mike

Q: I see Northland Power's (NPI) earnings per share are supposed to nearly double from 2017 to 2018. What is the likelihood, in your opinion, of NPI achieving this growth in 2018?

Thanks.

John

Q: I've owned ALA for quite some time now at a large loss. Would it make sense to sell for tax loss and purchase ALA.R? Would you happen to know if this would be allowable?

Thanks,