Investment Q&A

Q: Question on CSH:Own small position 800 shares CSH at ACB of 6.87$. Thinking of switching to NWH.UN also selling loser TA to soak the capital gain and provide enough for 2% position or is adding to position of CSH better. Like the additional 4% monthly distribution.Also own SIA at 2% position. Is it worth the risk for the higher yield ? Wht is the best course of action in your view ? On portfolio review list but not before december I was told unless it improved ?

Q: I own a basket of REITs and am concerned about Cominar, moreso after their bought deal at a large discount yesterday. They are not growing and with a high payout ratio it seems to me that the deal may have been in an effort to avoid a cut in their monthly distribution. My position is a little down since purchase quite a few years ago, but would rather sell now than at $10.
Appreciate your advice

Q: i read yesterday the Pure Industrial's CFO has left the company with no reason given. should i be concerned?
Don

Q: Hello, which REIT would you prefer for long-term growth and revenue appreciation ?

Q: Please provide your analysis of Allied Properties. Would you recommend as a buy with the possibility of the US raising interest rates in December? Are there other reits that you would prefer over this one and if so how would you rank them?

Q: Hi,
I hold the above REITs in my RRSP account. What do you think of them? I don't really want to hold more than 3 but do you think that I should consider a change?
Thanks, Bryn

Q: I have read your answers to questions about WIR.U which trades on TSE. You state that it pays dividends in US$ which is correct, but you say that it trades in CF. In fact, it trades in US$ and is more efficiently bought in a US$ account.

If you have any updates on the merits of this company which specialises in warehouse and distribution centres on the US, I would like to hear them.

Q: Would like your opinion on 3 reits please.
hot.un, nwh.un, tnt.un.
they look expensive to me.
Thanks.

Q: Would like your latest view on acr.un and sot.un.
Thank You.

Q: I currently have no position in reits, but do own personal property, which accounts for 50% of my total assets.
I have limited income producing assets (mainly dividends & growth stocks).
I have some cash I am sitting on, thinking that the Fall season often likes to give us a tumble and wondering if I shouldn't put 10% of my portfolio into reits.
Could give advise me on which ones to purchase at this time. (In order of preference).
Would there be an advantage of going with an ETF REIT (either Cdn or U.S,). This purchase would be in an rsp acct. And if you agree which is your preference.
Thank you for being there.

Q: With interest rates scheduled to be increased, is
it time to sell Reits like REI.UN - AP.UN I see that these stocks have dropped a few points reently
Thank you for your help
Hanna

Q: Where do you stand in the debate regarding the "impending bubble burst" in the Toronto real estate market? Thanx Robbie

Q: I have owned Cominar REIT in my Investorline account for a long time. I have noticed that my average cost keeps decreasing to the point it is now $.0782. What's going on?

Q: HI guys,
I own shares in ESL which is down 25% this year so far. I am debating adding to this sector by purchasing SH or selling ESL. What are your expectations for SH for 2016-2017?
I also own MST.UN through a non registered personal account and am looking to buy D.UN-they are giving a 9.2% return. Would you consider this a good acquisition given the low real estate environment in Alberta? Do you think keeping this in a personal non- registered account is a good move with respect to taxes?
Also I plan to buy shares in Suncor and then doing closed calls. I have never done this before and am nervous about it because I don't really understand it. I also don't know which website to use to research calls and sells on a daily basis. Any suggestions?
Thanks for all your help,
Rob

Q: I read thru the MD&A this morning and what I THINK I see is an albeit very small company that now has competent management (Eli Dadouch of Firm Capital basically booted the previous idiot out) with high insider ownership (30%) and a turnaround that, while far short of complete is definitely in effect. Your thoughts on this impression and more importantly your estimate of the simple NAV of the company? I see about $76 mill assets minus about $51 mill liabilities for a NAV of about $25 mill against a market cap of about $10 mill. Many thx!

Q: I am interested in farmland. Are there any REITS, etf's, or stocks in Canada? Does FPI:Z work for North American exposure?

Q: Temple has had a tough ride this past year,however I understand Morguard is now a significant shareholder. Do you have any view on the prospects for Temple from this approx. 80 cent price level?

Q: Please list these three stocks in order of preference for a conservative income account. Thank you.

Q: I received about $ 25,000 The proceeds from Innvest Reit I was getting a 7 percent yield Can you suggest one or two companies that have stable cash flows and yield anywhere close to what I was getting for Innvest

As an aside my portfolio is up 15 % YTD I owe most of the gains to 5i You can't get a better testimonial than that

Thanks so much

Paul

Q: True North Commercial REIT seems like a good investment for income. The dividend is indeed attractive at close to 10%, but as a general rule of thumb, the high dividend suggests something isn't right with the company. Can you provide your analysis as to what, if anything is wrong with this company?