Investment Q&A

• Chartwell Retirement Residences (CSH.UN $21.77)
  • $21.77 P/E (TTM): 108.85X Cap: $6.92B
  • View CSH.UN Profile
  • View Questions on CSH.UN
  • View Reports on CSH.UN
• Extendicare Inc. (EXE $30.19)
  • $30.19 P/E (TTM): 27.2X Cap: $2.85B
  • View EXE Profile
  • View Questions on EXE
  • View Reports on EXE
• Sienna Senior Living Inc. (SIA $23.49)
  • $23.49 P/E (TTM): 47.94X Cap: $2.49B
  • View SIA Profile
  • View Questions on SIA

Q: Can you please comment on the earnings for all three companies?

Upvote 0

Read Answer Asked by Donald on May 11, 2018

• Canadian Apartment Properties Real Estate Investment Trust (CAR.UN $36.51)
  • $36.51 P/E (TTM): 28.75X Cap: $5.65B
  • View CAR.UN Profile
  • View Questions on CAR.UN
• Chartwell Retirement Residences (CSH.UN $21.77)
  • $21.77 P/E (TTM): 108.85X Cap: $6.92B
  • View CSH.UN Profile
  • View Questions on CSH.UN
  • View Reports on CSH.UN

Q: Is there any particular reason for the choppiness of CSH.UN, why has CAR.UN performed so much better?

Upvote 0

Read Answer Asked by Albert on May 11, 2018

• Vital Infrastructure Property Trust Tr Unit (NWH.UN)
  • P/E (TTM): 19.55X Cap: $1.41B
  • View NWH.UN Profile
  • View Questions on NWH.UN

Q: What is your take on the recent proposed deal in Australia?

Upvote 0

Read Answer Asked by roland on May 11, 2018

• American Hotel Income Properties REIT LP (HOT.UN $0.47)
  • $0.47 Cap: $33M
  • View HOT.UN Profile
  • View Questions on HOT.UN

Q: Hi can you please give me your thoughts on their latest results

Upvote 0

Read Answer Asked by Dale on May 11, 2018

• Morguard Corporation (MRC $120.50)
  • $120.50 P/E (TTM): 7.37X Cap: $1.28B
  • View MRC Profile
  • View Questions on MRC
  • View Reports on MRC

Q: Hi team,

Any thoughts or comments on morguard corps Q1 results?

Thanks

Upvote 0

Read Answer Asked by Keith on May 10, 2018

• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X
  • View TCN Profile
  • View Questions on TCN
  • View Reports on TCN
• State Street SPDR S&P Homebuilders ETF (XHB $105.09)
  • $105.09 P/E (TTM): 16.19X Cap: $1.56B
  • View XHB Profile
  • View Questions on XHB

Q: Is it worth holding this stock?
How about replacing it with TRICON (TCN) even if one is US and one CAN.
Thanking you for advise-Ebrahim

Upvote 0

Read Answer Asked by ebrahim on May 10, 2018

• Tricon Residential Inc. (TCN $15.34)
  • $15.34 P/E (TTM): 28.0X
  • View TCN Profile
  • View Questions on TCN
  • View Reports on TCN

Q: Hi Guys,
Just wondering what you think of Tricon ?
I don't have any real estate type stocks or do you maybe have Reit that would be preferable to Tricon
Thank you.
John.

Upvote 0

Read Answer Asked by John on May 10, 2018

• BTB Real Estate Investment Trust (BTB.UN $3.89)
  • $3.89 P/E (TTM): 14.96X Cap: $346M
  • View BTB.UN Profile
  • View Questions on BTB.UN

Q: Is this a good stock to buy at this time? How safe is the dividend?
Thanks Wayne

Upvote 0

Read Answer Asked by wayne on May 10, 2018

• Summit Industrial Income REIT (SMU.UN $23.48)
  • $23.48 P/E (TTM): 0.6X
  • View SMU.UN Profile
  • View Questions on SMU.UN
  • View Reports on SMU.UN

Q: Can I have your views on the latest 1st quarter earnings for this company.

Upvote 0

Read Answer Asked by Jacques on May 09, 2018

• Dream Industrial Real Estate Investment Trust (DIR.UN $13.72)
  • $13.72 P/E (TTM): 37.08X Cap: $3.95B
  • View DIR.UN Profile
  • View Questions on DIR.UN
  • View Reports on DIR.UN
• Morguard Real Estate Investment Trust (MRT.UN $6.54)
  • $6.54 Cap: $435M
  • View MRT.UN Profile
  • View Questions on MRT.UN

Q: I am retired and have held MRT.UN in a RIF for a number of years, but it has dropped 20% in value in that time and although I appreciate the 7%+ yield, it is just languishing there with what seems very little prospect of growth. It does seem to have stopped dropping in value though.

On the other hand, DIR.UN has been on a bit of a tear in the last 3 months and also offers a high dividend. I am considering switching to DIR.UN, but wonder if this rally is played out and if it's likely to maintain its value or slump under profit taking. I'm a bit wary of switching from a loss position in one stock to buying high and losing more on the next one.

Do you have any thoughts on making this switch?

Upvote 0

Read Answer Asked by John on May 09, 2018

• WPT Industrial Real Estate Investment Trust (WIR.UN $26.81)
  • $26.81 P/E (TTM): 4.06X
  • View WIR.UN Profile
  • View Questions on WIR.UN

Q: How does it compare to other Industrial REITS? Is this area becoming over-built compared to Office, Residental etc.

Upvote 0

Read Answer Asked by Gordon on May 09, 2018

• Agellan Commercial Real Estate Investment Trust (ACR.UN $14.25)
  • $14.25 P/E (TTM): 6.6X
  • View ACR.UN Profile
  • View Questions on ACR.UN

Q: I would appreciate having your thoughts on ACR.UN and their announcement regarding a special distribution following the sale of Parkway Place in Toronto for $256.3 million.
Thanks, Jim

Upvote 0

Read Answer Asked by James on May 07, 2018

• InterRent Real Estate Investment Trust (IIP.UN $13.18)
  • $13.18 Cap: $1.84B
  • View IIP.UN Profile
  • View Questions on IIP.UN
  • View Reports on IIP.UN

Q: The earnings yield on IIP.UN appears to be around 22.4%. Annual EPS in 2017 was very high compared to 2013-16 EPS figures (as per Morningstar). TD doesn't show any earnings consenus estimates for 2018-20. Was 2017 a one time event? Please clarify?

Upvote 0

Read Answer Asked by LARRY on May 07, 2018

• iShares S&P/TSX Capped REIT Index ETF (XRE $16.61)
  • $16.61 P/E (TTM): 10.65X Cap: $1.16B
  • View XRE Profile
  • View Questions on XRE

Q: Some company valuations are based on Net Asset Value (NAV) while others are based on Book Value (BV). What is the difference between NAV and BV per share?

Upvote 0

Read Answer Asked by Nawaz on May 07, 2018

• Chartwell Retirement Residences (CSH.UN $21.77)
  • $21.77 P/E (TTM): 108.85X Cap: $6.92B
  • View CSH.UN Profile
  • View Questions on CSH.UN
  • View Reports on CSH.UN
• Sienna Senior Living Inc. (SIA $23.49)
  • $23.49 P/E (TTM): 47.94X Cap: $2.49B
  • View SIA Profile
  • View Questions on SIA

Q: Hi there,

Which of these would you say is better for income with some growth and why? What would make one a better buy than the other? Finally, once you identify your favourite of the two is it a buy, sell or hold?

Thanks

Upvote 0

Read Answer Asked by Tim on May 04, 2018

• Dream Global Real Estate Investment Trust (DRG.UN $16.79)
  • $16.79 P/E (TTM): 4.7X
  • View DRG.UN Profile
  • View Questions on DRG.UN

Q: Hello Team 5i,

Our current weight on DRG.UN has shot up to 7.6%. It's the only holding we have at this elevated weight, so not a huge danger to the whole portfolio. I would prefer to keep my winners but price is quite a bit above 200 day line suggesting pullback to mean and I wonder if I should sell some and take profits? Any words of wisdom from your team greatly appreciated.

Regards

Upvote 0

Read Answer Asked by Arzoo on May 02, 2018

• Colliers International Group Inc. Subordinate Voting Shares (CIGI $141.09)
  • $141.09 P/E (TTM): 50.72X Cap: $7.21B
  • View CIGI Profile
  • View Questions on CIGI

Q: Hello 5i can you comment on cigi earnings

Upvote 0

Read Answer Asked by Kim on May 01, 2018

• European Residential Real Estate Investment Trust (ERE.UN $1.18)
  • $1.18 Cap: $277M
  • View ERE.UN Profile
  • View Questions on ERE.UN

Q: Morning,
Any updated thoughts/metrics on this small REIT that just had an analyst start covering today?

Upvote 0

Read Answer Asked by Craig on April 27, 2018

• Pure Multi-Family REIT LP (RUF.UN $10.10)
  • $10.10 P/E (TTM): 9.6X
  • View RUF.UN Profile
  • View Questions on RUF.UN

Q: At around $9.25/share, is this worth holding through the sale process. If sale doesnt proceed does it drop back down to the $8 level

Upvote 0

Read Answer Asked by Lloyd on April 24, 2018

• Chartwell Retirement Residences (CSH.UN $21.77)
  • $21.77 P/E (TTM): 108.85X Cap: $6.92B
  • View CSH.UN Profile
  • View Questions on CSH.UN
  • View Reports on CSH.UN

Q: With the recent announcement, buying land and building upon it is a very costly way to generate revenues.... what's your view on this type of expansion?

Upvote 0

Read Answer Asked by adam on April 24, 2018