Investment Q&A

Q: Peter and His Wonder Team
I have been following this stock for some time...The dividend is over 6% which could be a red flag. I am also wondering about it's valuation. What are your thoughts going forward long term. Do you think at this price it is a buying opportunity ...if not, all factors considered what would be a safer price range? Thanks as usual!

Q: I hold the following energy stocks: BIR, CNQ, CPG ,PPL, SU, TOU, TVE AND WCP.
It represents 12.2% of my portfolio. Is this a fair portion. too high , too low??
If to high what would you suggest to sell. Could you also rate these as for sustainability and return going forward.

Thanks in advance.

Q: I have ENB & BNS I my portfolio, for the dividend plus with the talk of reduced interest rates, I thought their stock value will increase. With this in mind, do you concur. I was looking at GEI, but I was wondering if they are not paying out more than they are bringing in. Do you feel this is a wise move.

Q: I have a considerable loss in BEP.UN. I am considering selling it to harvest the loss. However, I am concerned that the stock might jump in early 2024 leaving me to 'chase' it to repurchase it. Do you see any catalyst that might trigger a surge in price during my 30 day wait period?
With appreciation,
Ed

Q: According to Graham's The Intelligent Investor one way to make money is to buy companies selling for less than book value. In previous responses 5i has said that book value can be somewhat tricky because while some companies have measurable hard assets others have a large amount of goodwill which is somewhat intangible and difficult to measure. I see that BIR now has a price to book value ratio of .69 suggesting that an investor can buy one dollar's worth of the company for 69 cents. I have two questions. First, is BIR one of those companies with measurable hard assets that are now underpriced? Second, is the massive dividend sustainable?

Thanks as always for your expertise and Merry Christmas to everyone at 5i.

Q: What are your thoughts on the spin off of light oil assets? In your opinion do you think CVE purchases the oil sands assets at a later date?

Q: Hi, I've heard that over the long term, dividends make up the most significant portion of one's stock market gains. Is this true? When I look at my winners, (CSU for one), it's not, but in any case, could you list 3-5 of your current favorite dividend growers?
Thanks as always, Rod

Q: Can you please rate these for reliability and sustainability.
LBS, SBC,GDV,PWI and LCS.
Thank You in advance.

Q: TFSA Investment with 10,000.00 to invest January 1/24.

What stocks Canadian would you recommend with hold 5-10 years earning good dividend rate.

Harold

Q: good afternoon,

Can I have your view on this company. Looked at a few reports on it and it doesn't look to compelling. Something else to look at ?

Thanks,

Happy Holidays to the Crew,

Q: Peter et al:
It goes back to 2011 for the last ENB stock split. Isn't the time soon approaching?
Thanks, BEN.

Q: I held AQN in two separate accounts for over a year, I sold AQN in the account that had the largest position (80%) and I've hung on to AQN in the other account.

I thought of replacing AQN with NPI to maintain my sector exposure, I've yet to make that purchase.....why???? I've been side tracked with the idea of buying BEP.... Can you folks please wade in, would appreciate some of your thoughts and rationale.

Happy Holidays to the staff and readers

Q: Hello 5i,

I sold for tax loss VZ and the 30 day period is over. Ignoring that VZ has since increased in price I am starting to change my mind about buying back. Certainly a change in sector but would ABBV be a better replacement since my health care exposure is low? If not can you let me know if VZ is worth buying back.

Q: Hi,
Could you please rank ENB, PPL and TRP in order of preference for income with some growth? Is it a good time to be adding to this sector? Thank you in advance!

Q: Hello,

Can you rank CNQ, SU and Toumaline in order of preference for overall returns? If owning only one which would be your choice? Is the recent pullback in prices a good opportunity to buy into the sector or should a person stay on the sidelines for a bit to see how the economy slows in the next half year? This is for a new account so no position yet. Income with some growth preferred. Please take credits as needed. Thank you! Great service.

Q: 5 I recommends buying BEP.UN but they are showing EPS at a loss, also what is the PE.

Q: Retired, dividend-income investor. I bought a 4% position in ZWC in 2017 and it has just been "ok". I'm probably going to give it a few more quarters to see if/how it recovers from it's current price. Over the time I have owned it, I have averaged around 4%. The dividend I get is directed to other investment opportunities.

If I decide to flush ZWC, I am interested in purchasing a USA-focused ETF that pays a reasonable dividend and is eligible for the Cdn dividend tax credit. It should cover the various sectors of their economy and include the magnificent 7. I am more of a value investor and hesitate to buy something that has already had a big run-up. However, there is the theory that there is still room for the Mag-7 to run.

Do you have a few ETFs that I could research...thanks...Steve

Q: I saw last week that PPL bought some operations from (I believe) Enbridge for app $3.1 Billion. Was there any indication how they were planning to finance the acquisition? I am wondering if they will be selling additional shares in the public markets

Q: Stock down a fair bit. Your thoughts on 2024 outlook. Would the possibility of a major delay with Trans Mountain weigh on this sector. cheers

Q: To what extent is the comparatively higher sell off in Canadian oil & gas producers attributed to Guilbault's promise to cap our Canadian production as a green initiative. How serious is this recent Trudeau government threat coming out of COP28 in Dubai? I hold TOU and CNQ but it is an energy general question.