Investment Q&A

Q: Hello, Many Real estate investment trusts(e.g. IVR)and related ETFs (e.g. REM) distribute ~10 to 12% dividend. This appears very good but may be a high risk investment. What is your opinion about IVR REIT and REM etf?. Which one is better? or may be none?

Thanks

Q: Is this a good entry point for a small new buy?Read your recent comments.Occupany @ 91.5%--is this too high? What percentage of revenue from Alberta & its effect.Appreciate your usual great services & views,.

Q: How would you compare AAR.UN,DIR.UN and Smu.un going forward as industrial reits.

Q: The signals on this stock are very confusing. S&P Capital rates this as a "Sell" (April 1) yet Thompson Reuters ranks it as an 8 out of 10 (Apr 6). Consensus analyst recommendations seems to be "Hold". Yet over the past 5 years, the stock price performance is slightly better than blue-chip H&R Reit. Last year the CEO bought $13.5M worth of shares, so either has faith in the company or is faking us out. Debt seems acceptable, price is below book value, earnings seem to be steady. The price is $2 to $4 lower than the average price from 2012 up to the collapse in July 2015, which would seem to indicate a bottom.

What is up ? Is the Target effect still in force ? Is the street just tired of this stock ? Buy, hold or sell ?

Thank you

Q: Have read your past comments on DRA.UN and wondering what your thoughts are as a purchase today.

Q: I Would like your opinion on these two companies for dividend and stability for retirement income purpose. Shall I buy both for diversification or one better than the other. (NWH, TMC) Thanks

Q: How can one accurate payout ratios on stocks ,particularly reits.Cibc lists Hot.un as 381 percent ,which seems pretty high and others as well.Im looking for reits with low payout ratios.

Q: What are your thoughts on the article written by Mr. Craig McKee in the Globe and Mail on REIT? Some of 5i favourite REITs don't seem to be there. For example HR.UN, CSH.UN, CAR.UN, REF.UN, CRR.UN and INN.UN Is it b/c of methodological problems or the use of different metrics?
Comments and your suggestions are always appreciated.
Thanks.

Q: I think for a dividend investor, where this trades it is a buy.
For another 2 years it pays you about 8.7%, and when it resets in 2 years it still pays you more than 6% at this price. It is cumulative and perpetual, and probably will not be called.
What am I missing, why is it so cheap? Is it the credit quality of Artis that is the problem?

Q: I would like to add a REIT to my portfolio and of the 3 that I have considered: MST.UN, MRG.UN and IIP.UN I am leaning towards MST.UN based on growths in dividend yield and share price. Do you support my pick? Or you have reasons to believe that one of the other two are in fact better choices.

Your help is much appreciated.

Q: Good Day

Lots of news on NWH.UN-T:
There is a bought deal of 7mln shares at $9.20. The deal closes April 20,16;
The CEO has added $4.2mln lately to his position including another 23,000 units @$9.64 per unit.

Are the units a buy at $9.20 or should I wait until after April 20?

Thanks

Q: Your comments on its results released on 3/29.Very poor reaction by market.As a aside,I think China's Anbang will outbid Marriott for Starwood hotels.A reliable source in the hospitality industry in Vancouver told me that Chinese companies are interested in buying hotels in Canada

Q: Hi
Could you please tell me what you think of Slate? John Stephenson really likes it, but I don't seem to see the value in it that he does. He's the expert, I'm not so please help me understand what he sees in it.
The only thing I like about it it the 7% yield, but the payout seems high and the book value low.
It pays in $US, so to keep the income in $US, would you buy this TSX listed stock in a US trading account?
Thank you

Q: Could you please recommend 3 names of companies/ETFs/ that would produce monthly income, to be added to an otherwise reasonably balanced portfolio for a long term hold.
Thank you for the great service.

Q: Hi Peter and Team,

In today's answer to Norman, you listed your favourite REITs: HR.UN, CSH.UN, CAR.UN, REF.UN, CRR.UN and INN.UN.

I'm curious why InterRent (IIP.UN) wasn't in the list. Is it perhaps because of the lower yield and its smaller size? It does appear to have good growth, though.

Thanks as always for the valuable advice.

Q: Can I have your opinion on these three, all of which have disappointed recently. Thanks.

Q: Will you be keeping HCG in your Balanced Equity Portfolio or removing it because of the buy back offer?

Q: What are your favourite Canadian reits for a 5 year investment ? Thanks.

Q: The market doesn't seem to like the secondary offering to Milesouth today and the gradual liquidation of mile south's position. What do you think will be the longer term impact of this offering/liquidation? Is this offering dilutive or is it just increasing the float? Why is the share price reacting so negatively?

Q: Hello 5i,
I am looking at the Dutch Auction and was wondering what affect, say a housing downturn, might have on a company like Home Capital. I imagine it would have a lot more riskier loans than the big banks and might be hit a lot harder. As usual, your opinion on this question is greatly appreciated.