Investment Q&A

Q: ECI gapped up after a hammer, and went into “overbought” territory.
It did the same thing in mid April and "stuck"
It's PE and PB are high ...
Am I being too nervous ?. Would you stick with the name , or is it set up to tumble ?
You seemed to like the company but thought it was pricey , and that was a dollar ago.

Q: Sentry Global REIT Fund cut their distribution at the beginning of the year. Is it still a good buy?

Q: Could you suggest 5 companies with a dividend and with some growth projected in the next years. The objectives is to start using the dividend in around 4-5 years as an income source. I would appreciate if you could focus on companies that are 'cheap' right now or at a discount to their usual price ratio.
I already own AW.un, DIV, KBL, NFI, PBH, ECI, GSY and WSP that sort of fit in the kind of companies i'm looking for. Note that the portfolio is more diverse than that with around 30 names. I'm looking to slowly move from pure growth to dividend with some growth. So i will select names from your list and rebalance the portfolio accordingly.

Q: What do you think about Strathbridge funds? As a retired income investor I like covered call funds as I do not mind missing the big upside for stead and reliable income. Their finds seem small and their 1.1% fee seems high for investing in blue chip TSX stocks but the &+% return is attractive.They say they us a propriety method of doing covered calls.
Dont ask many questions but am an avid reader of everyone elses.
Thanks for the great service.
Don

Q: Can I please get your thoughts on Dream Hard Asset as a long term income holding. It looks to have a pretty nice dividend (sustainability?). I wonder how you view it relative to either BIP.UN (which I already own) or MIC south of the border (which would not benefit from the dividend tax credit).

Q: 5I and team you are greatly appreciated. I still have 200 shares of BIN,would you sell or hold today? Also I hold 250 shares of KHC and am up 95% in CDN $ sell all or 50% or hold?
Looks like 2 questions to me.
Thanks M

Q: Hi Peter and Gang,

Would you please comment on ITP's latest earnings and what are your thoughts on this company going forward.

Even with today's drop of about 7% in early trading, I am still up by about 12% on this stock. If I liquidate my position, is there something you can recommend to replace ITP?

Regards,
Harry

Q: Good morning Team. It is 9:44 Tues morn and both POW and SLF are climbing. I would have thought the opposite. I own approx 1.75% of each. Both are under for me but should I shave or sell one before they begin ???? to drop as I suspect they will??? Also ..may I suggest that all of us and 5i put the day and approx time in the Q and A as often we dont know when a question was asked and sometimes timing is important. Just a thought..Much thanks as always

Q: I checked my Scotia itrade account after reading your answer regarding Canadian companies paying $US dividends. My account states states that MG, OTC, CSU, CXR and BEP.UN are all paying Dividends in $US and then converting it into $CA. I am going to assume that they are charging me for that conversion each time which goes against my strategy to pay as little as possible in fees. What is my best solution to this problem. I do have a US trading account with BMO investorline. Would it be best to buy these stocks in $US to eliminate conversion fees. Any other insights or solutions would be appreciated. Thank you.

Q: Altagas has dropped in last week. Did this occur because of Fort Mcmurray fire. What is the impact of the fire on Altagas company and its' holdings ? Do I need to be concerned ??

Did the fire affect any other companies (that I should be concerned about ?) (I think Great west life took a hit too ???)

thanks

Ernie

Q: Could you please comment on EMA 1st quarter report.
Thanks
Roy

Q: I know that BEP.UN pay their cash distribution in US$ are there any other companies that are in your portfolios that pay in US$ or is BEP.UN the only company.

Thanks

Q: What do you think of XSB as a short term hold, six months or less? Bonds generally do well, relatively, in the summer.

Q: ENF pays a good dividend but has fallen considerably recently. Yet BNN rates it at 3 strong buys, 2 buys, 1 hold. On the other hand, BMO rates it as 0 Bulls, 8 Bears, falling yet undervalued. I have a full position; Hold, Trim or Sell? Thanks

Q: If I buy an country specific etf listed in the USA like the ones mentioned do I still have to pay the 15% dividend withholding tax to the Americans if the dividend is coming from non USA companies in a non registered account? Moreover, your opinion on both etf's

Q: I have 1600 shares of this looser,(cost $32.98) CIBC research's 12 mo target is $26.0, I am considering to sell it and replace it with a couple infrastructure stocks or ETFs. I like to have your opinion and suggestion. Looking for income and some growth.
Have looked at BIP.un but doesn't seem to have any growth in the next 12 months. I have AQN,H,RNW,FTS ZWU and ZUT in my portfolio. Many thanks J.A.P,Burlington

Q: Could you comment on results ?

Q: I'm looking for Canadian consumer stocks. Any suggestions?

Q: Peter and team,
I have about 18K to invest in my daughters RESP which will be required in the following two years, and about 24K to invest in a non reg account for her to use in around two to six years timeframe. This is not money I can afford to loose so I need to invest it carefully. Some say I should be keeping it in a GIC due to the timeframe, however that will not even keep up with the cost of living.
Any suggestions please?

Q: I am re-evaluating my Fixed income holdings and looking to increase my holdings from 10% up to 20% of my total portfolio. Currently hold CBO and XHY and based on your answers to other questions am looking to add XIG and XBB.
In doing my research I notice that, with the exception of XHY, the Yields to Maturity after MER are well under 2% for CBO and XBB and around 3% for XIG, based on Blackrocks website. Given that XIG is US Bonds with Ave Maturity of 12.7 years I would think that any increase in US rates in the next few years would have a larger negative impact on this ETFs performance.
Given this info why would I not simply buy a 5 year ladder of GICs where I can get slightly more than 2% guaranteed for terms of 2-5 years with no possible loss of capital. (based on rated quoted in my discount brokerage acct.