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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: I like its business-operator of senior residences- as the very wealthy group,the babyboomers are getting older & will likely use this services.However I am held back by the following.A very high P/E 145.4(trailing) & 163.4(F)per TRI.It missed expected eps 3 of the last 4Qs.Its 3.9% yield is relatively low in the sector.Underperformed TSX the last year.Reached a $16.50high in early June/17 & been in a decline since.Canada has a strong GDP leading to expectations of an imminent increase in interest rate which will be negative for proxy bond sectors including CSH.Your view please.Thanks for u normal great services & advices.
Read Answer Asked by Peter on September 05, 2017
Q: In response to Gordon's request on the impact of Hurricane Harvey.

American Hotel Income Properties REIT LP (HOT.UN-T) says it has completed inspections of three Oak Tree Inn hotels located in Hearne, Texas and Livonia, Louisiana and "all are operating as usual and serving existing customers as well as relief agencies as they are able to accommodate them."

It also said the nearby Embassy Suites Dallas DFW Airport South in Texas has "not yet been affected by the influx of evacuees but One Lodging Management is working closely with national and local relief agencies to provide hotel rooms as needed."

Read Answer Asked by karl on September 05, 2017
Q: Hello,

Do you consider boardwalk as a good long term hold. It would be a new position for me. I do already have real estate exposure (7 - 8 %). This would be new money. I was also looking at H&R but I prefer the usual stability of apartments vs commercial. Thank you for your thoughts. Maybe a mix 50/50 would be a good idea.
Read Answer Asked by Pierre on September 01, 2017
Q: I have plenty of dividend income and am now interested in adding stocks or ETFs which pay distributions as RoC. Would you have a list of tax effective equities? And what are your views of using stocks/ETFs with a high Return of Capital as a means of improving the tax effectiveness of portfolios? I have heard experts on BNN who are not in favor of RoC but I tend not to agree since my biggest expense is tax.
Read Answer Asked by BRYAN on August 31, 2017
Q: I have held three percent holding in this reit for awhile and was quite pleased with the run up.The unannounced selloff hurt as a retail investor,seems to happen with regularly with low price deals and new shares issued.However after this sting im considering increasing to 5 percent at this lower price.What do you think of the metrics at this price ?
Read Answer Asked by terrance on August 25, 2017
Q: Greetings 5i,

I currently have a half position in REI.UN. They offer a nice yield, have strong anchor tenants, and I am intrigued by their plans to diversify into the residential space. However, it's recent performance has been less than stellar, and I am concerned that the traditional shopping centre may not have a particularly bright future in the age of the online marketplace.

I am 35, fairly conservative, and have a preference for long-term holds with strong fundamentals. My only other exposure to the REIT sector is CSH.UN (also a half position)

Would you recommend REI.UN as a long-term hold (5 years plus), or do you feel as if this capital would be better deployed elsewhere?

Thank you.
Read Answer Asked by Lucas on August 23, 2017
Q: I am looking at adding CSH.UN to my income portfolio based on your recent addition. However, I note that it is down over 6% since being added to the 5i income portfolio last month.
You often respond that you like to invest in stocks with positive momentum vs negative. Following this advice, when/how would you recommend investing in CSH.UN, as it appears to have negative momentum?
Read Answer Asked by Curtis on August 22, 2017