Investment Q&A

Q: In today's Globe and Mail:
Premier François Legault’s Coalition Avenir Québec government plans to table legislation soon that would allow private wind, solar and small hydro-power producers to sell their electricity directly to industrial customers. Currently, the private producers can sell only to Hydro-Québec.

Are there any public power companies that would materially benefit from this legislation?

Q: Hi, follow up the on the previous question about AQN and their dividend versus Cashflow and earnings: The dividend is $0.44 per share but the Free Cashflow per share is -$0.35. Doesn't that mean that if they killed the dividend the company would have free cash per share of $0.09 and therefore be adding cash per quarter instead of losing cash?

Am I reading this wrong? AQN seems to be reducing the financial capacity of the company to pay the dividend. Wouldn't a more appropriate practice be to pay the dividend out of free cash?

Q: Please give me the dividend payout ratio based on Non-GAAP earning per share, operating cash flow per share and free cash flow per share. Thanks.

Q: Please give your opinion on qbr as a buy for growth/dividend vs Bell,Rogers for a 3-5 yr hold
Is the growth potential margin worth the bet on a smaller more regional player
Thanks for your great service
Peter

Q: hi,
I hold all these, several fro many years. they are all in the red. many are (former) stalwart blue chip dividend plays. I am basically comfortable holding them, and I do expect a good rebound in prices when rates start to fall. 1) am I missing something? are there any in the list that you think the dividend may be in jeopardy, or you see no runway for growth ( small or large). 2) are there any in the list you would be comfortable adding to ( which is what I am wanting to do)?
cheers, Chris

Q: Hi 5i,
I have about 15K that I want to put into my RSP before the February deadline and then immediately invest for a minimum 5 year hold to accumulate capital gain and dividend income. Currently I'm considering TOU or DIR.UN for this, and would appreciate your thoughts about the relative merits of each for this use of the funds, and which one you think will outperform the other on a total gain basis in that time period - based on just the standard ups, downs and risks that are out there and not taking into account any potential calamitous economic events.
Thanks!
Peter

Q: This has been a long term hold in as RRIP account with a DRIP, The book cost is close to the current market value. Enjoyed the dividends over the years. Is it time to move on. Look forward to your answer.

Q: Looking to increase exposure to energy in TFSA by either adding to SU (2.7% to 5%) or take-up new position in either CNQ or TOU. Growth and income is the goal over 2-3 year hold. How would you guys proceed?

Q: What do you think of the waste companies in Canada or US as industrial candidates?

Q: What is your opinion on the issues at Parkland?

I am grateful for the service you have provided over the years.

Q: I was going to ask if now would be a good time to take a small position in PKI anticipating price appreciation once the Boardroom issues are settled but given PKI is hitting new highs today it seems investors are not worried. Would you consider starting a small position in PKI now?

Thanks for your advice.

Mike

Q: I know these are from two different sectors but which one of these two do you think offer more value at todays price for the future?

Q: Hi,
What would be your top 5 CDN consumer discretionary stocks in a RRSP for a 5-10 year hold.
Please list in order of preference for a buy today.
Thanks

Q: I am currently 85% in the green with GWO. However I have a feeling that the price is now stagnanting. Please correct me if I'm wrong.

Would you have recommendations for stocks/ETFs with 5+% dividend with reasonable growth over the next 2 years? Any sector is acceptable.

Q: I own both BCE { up 2.37% in 7 years of ownership not including dividends } and T { up 15% in 7 years of ownership not including dividends } and am going to sell at least one. { Neither have been particularly exciting } .... I'm inclined to keep Telus but the current problems with TIXT are making me hesitate. Just how much do you think TIXT is going to effect Telus's earnings going forward ? And if it were " you " and you had to sell one which would it be ?

Q: Hi 5i, I've held both Fortis and BIP.UN in a registered account for just over five years. I am thinking of selling Fortis and reinvesting the funds into a larger BIP position. When I look at the Fortis return of approximately 7% and dividend yield in comparison with BIP return and yield, BIP appears to win. I like the fact that BIP's business is broader and more global. My current Brookfield family holdings are about 11% of equity holdings so I realize that this move would increase my exposure to Brookfield to about 15%. I know you can't comments on position sizing but would appreciate your thoughts on making such a move. I know Fortis has an exemplary track record in increasing dividends but maybe it's time. Thanks for your service!

Q: Is glentel active?

Q: Hi ,
CAN YOU PLEASE SHADE SOME INFORMATION ON TYSON . Is it a good point to get in ?
Thanks. Alnoor

Q: hello 5i:
Looking at estimates of Cash Flow (Fastgraphs) for FTS, I see that 2024 is estimated to be 7.69, 2025 is estimated to be 8.08 and 2026 is estimated to be 5.18.
First question is why such a drop off in 2026? A red flag for long term buyers, no?
Second question: how would such a scenario affect dividends/dividend increases?
Third question: how would preferred shares and in particular FTS.PR.K be affected?
thanks
Paul L

Q: Would now be a good time to increase my shares of BIP.UN and is the dividend safe? Also If both of these companies have the same holdings , then why is BIP.UN eps .31 and BIPC eps 10.23?