Investment Q&A

Q: I am a long-term buy & hold type of investor. There are 3 companies in my portfolio with renewable energy assets--AQN, BEPC, NPI-- with percent weightings in my portfolio of 0.7%, 0.9%, and 0.8%, respectively (2.4% in total). I have an unrealized loss with AQN of ~$40,000, and so was thinking of crystallizing the loss-- temporarily shifting the proceeds to BEPC--with a plan to re-buy AQN in >30 days. HOWEVER, given that AQN is planning to divest its renewable energy assets (correct?) and given that I have lots of other utility exposure (FTS, EMA, with these 2 securities totaling 3.5% portfolio weighting), perhaps it would be better to just keep the proceeds from the AQN sale in BEPC (and perhaps also upping the NPI holding somewhat), and not bother re-buying AQN in >30 days time. With the general caveat that you are hesitant to give "personalized" advice, how would you handle this type of situation?

Ted

Q: Do you think TVE or CPG is the better investment at this time?

Q: Can you please give an updated opinion on VLE. It is not reacting well to the rising price of oil, Thanks

Q: Interested in a switch to bep.un from npi; your comments please.

Q: What's the reason for PXT's big 5%+ drop and big volumes today?

Q: Hi

Have a 33% gain on ATH.

Would you let run or change to VDE for safety.

Also this is would be in my cash account. I know the withholding tax would apply to the dividend but no big deal.

My goal is to reduce my Canadian holdings.

Thank you for your time

Mike

Q: Good evening, I'm interested in adding to my existing SU energy position. I have a full position in ENB and am wondering if it isn't a good time to reduce ENB and add another company like TOU or CNQ. I've been in both before and done well. The yields are lower than ENB but there's more chance of capital gain. I realize ENB is more utility than energy so there's a bit of apples to oranges in this question. I'm a chicken retiree who wants safety, yield and the chance of gain. Thanks, as always.

Q: Peter; Last question before my September 28 renewal- it seems to me that oil stocks are not in step with the price increases in oil. Are they not lagging ? Any comments would be appreciated.
Thanks.
Rod

Q: Any news that caused the drop in share price?

Q: These stocks seem to be in a serious downtrend, in the case of NPI more than cut in half. What's going on? Interest rates aside are investors just giving up on "going green"? Or are these unbelievable bargains like the Canadian banks in 08/09?

Q: Hi 5i

Is anything expected of AQN in the near to mid term to turn its fortunes around ? You've mentioned previously you consider it a hold ... how long would you monitor this one for signs of a turnaround ? Frustrated but willing to see how this plays out.

Q: Is it a buy, and if so, at what price? Thanks

Q: I see CR (crew energy) is making a massive cup and handle going back years. Is something good coming for this company? Thanks

flo

Q: Hold this loser in a RSP account in a drip mode. Long time holder starting to drop below break-even. Time to sell? Thx Ron

Q: I have not been happy with NPI's performance for some time and yesterday's drop of >6% has not helped. I am now slightly in the red and looking for guidance. What caused the drop...and what is your prognosis for NPIs performance going forward? Ironically, the stock seems to be one of the few utility companies still rated as 'strong buy' by Morningstar. Given no tax consequences (in fact a small capital loss), would you be inclined to move on? And, if yes, what utility and/or energy company would you recommend that pays a dividend >3% with some growth. (SU, BEP, and BIPC already held.) Thank you.

Q: I have shares is a few energy companies. TVE is my largest holding and is the poorest performing. I am thinking of selling TVE and buying MEG in place. What difference do you see in the 2? Is there more risk with one or the other? And of course what is of interest, is there more upside with one or the other?

Another option would be to add to some existing holdings: CVE; ATH; AOI.

What would you see as the best course... continue to hold TVE, switch to MEG, or add to the others?

Thanks for your excellent service.

Q: We’re seeing more and more municipalities in BC ban natural gas installations in new houses as a climate change tactic. Fortis talks about getting more supply from renewable gas but they won’t be selling to new homes. That don’t have gas appliances. Do you think this will eventually amount to a material concern for Fortis and other gas suppliers?

Q: In an earlier question, you responded:
BEPC and BEP.UN are economically equivalent. The only difference is BEPC is a Canadian corporation and its dividend gets the full dividend tax credit.

Trying to understand why, as of noon Wednesday, BEPC is down 1.75 while BEP.UN is down only .75. Why are they moving so far out of tandem?

Q: ENB’s large acquisition and stock issue with the resulting (short term) price hit looks like a buying opportunity to me. Thinking of exiting out of AQN as it looks like it’s going nowhere and buying more ENB. Good idea?

Q: Is this ETF too volatile and risky for a conservative investor? Terrific yield.