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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Hi 5i
Regarding the deal announced this morning concerning TOG and Whitecap all stock deal, expected to close in Feb 2021.
"Under the deal announced on Tuesday, shareholders of TORC will receive 0.57 Whitecap shares in exchange for each TORC share, representing a discount of about 4.3% "

What is your opinion? Is this a good deal and should I continue to hold my position to receive Whitecap shares or sell and move on or does Whitecap present a good opportunity?
What is the likley hood offer could improve?
Thx
jim
Read Answer Asked by jim on December 09, 2020
Q: Yesterday I sold BEPC in my RRSP as the stock had a huge run. Now I am underweight in Utilities. Is it a good idea to buy BEP.UN now as a replacement now or wait for the price to go down. Would you recommend XUT ETF instead? Currently own small position of AQN in utilities. Sincerely appreciate your opinion.
Read Answer Asked by Hali on December 09, 2020
Q: enbridge came out with annual investors day presentation today and just wondering if you guys listened to it. they increased the dividend by only 3% but to me that was being cautious for outlook next year cause who knows what will happen but happy in their decision to raise a bit at least. just wanted your thoughts and as a sidenote i get a
newsletter from a reputable writer in ontario here and he was saying in one of his latest reports that 80% of all trading on the canadian markets [tsx] comes from south of the border now. i did not know that and is this right?
thanks
Read Answer Asked by hans on December 08, 2020
Q: Good morning - I am overweight Utilities and underweight Energy. I have large positions in BEP and AQN, both of which have considerable capital gains as well as FTS which has plowed along steadily but not much gain. I am thinking of selling FTS and buying ENB or TRP. In an earlier question you suggested that you liked TRP over ENB if you had to choose. Do you like any other energy sector company better for a long term dividend loving old timer? I already have a chunk of SU and Canadian Natural Resources. On the other hand, I am noticing analysts starting to love FTS. Should I stay or should I go, and to which energy company? Thanks for helping me stop going in circles. Al
Read Answer Asked by alex on December 08, 2020
Q: Hi Peter/Ryan, in one of your answers you said that these two were essentially the same company. Is it then not wise to keep them both in an RRSP and therefore should one be removed or replaced. Thanks
Read Answer Asked by Nick on December 08, 2020
Q: I hold BIP.UN in a registered account. When BIPC was created I decided to keep BIP.UN but it is looking like I don't understand the corporate structure. Typically with a unit trust or a partnership the unit holder pays the tax on the income whereas the tax is paid within a corporation so dividends are "after-tax". Since the amount of the distributions are the same for the two entities I figured that BIP.UN would be better off because it didn't have to pay all the tax on its income. By my rough calculations: since the split BIP.UN is up about 20% whereas BIPC is up about 80%. What did I miss?
Thanks for your insight.
Ian
Read Answer Asked by Ian on December 07, 2020
Q: Hello I have accumulated about 27% of my cash portfolio in ENB and TRP combined due to DRIP and the fact that I have held the shares for about 20 years. The also make up about 10% of my total investments. If I sell, the tax will be like a kick in the pants and so I have never sold. The dividends have always been good too. But with Trudeau looking for areas to raise some cash, I feel capital gains might get worse. If I were to sell some of this, would you suggest some renewable energy issues such as AGN or BEPC to replace?
Read Answer Asked by Ken on December 07, 2020
Q: I have a 5% weighting in ENB. I'm considering selling half my position in ENB and using the proceeds to buy TRP. My thought is spread the risk from one company exposure. It appears that ENB daily volume is much greater the TRP. Does it make sense to hold both pipelines or stick with one? When does daily volume of shares traded come into the equation?

Best, Don
Read Answer Asked by DONALD on December 07, 2020
Q: Hi there,
Brookfield Renewable has tumbled faster and farther in the last week or so than at any point since March. Is there a sector reason behind this (ie fears of rising rates) or is it company related?
Read Answer Asked by John on December 07, 2020
Q: A while back you were asked about this company and you had favorable remarks regarding this one and mentioned 'We do not know it well but it reads very well overall for a small cap. '. Since that time it was making a nice move and I recall that there was a $12.00 target placed on it. Just recently, however, this one has started to drift downwards and I really don't know if there is any reason for this other than it is a needed correction and will bounce back . Please comment. The ticker is OESX and when I entered that in 'Companies Addressed in This Question' it is not found.
Read Answer Asked by Pierre on December 04, 2020
Q: On Yahoo Finance, the earnings per share of su and su.to are +2.27 and -4.24 respectively. the earnings per share of cnq and cnq.to are +2.31 and -.50.
Witch is the correct one and why this discrepancy?
Peter, CONGRATS on your new job and bless you for telling your public instead of just pulling out and say nothing.. Merry Christmas to your staff.


Read Answer Asked by Rene on December 04, 2020
Q: If you had to choose between Enbridge and TC Energy - to hold for the next 10 plus years, with the goals of preservation of capital (acknowledging market risk) and overall dividend return during that time period, which one would you choose?
Read Answer Asked by William on December 04, 2020