Investment Q&A

Q: Minto and apartment REITS in general like Killam and CAR-UN.TO have fallen substantially Minto for example trading at about 53% of its one year high and a P/E of 1.56 which I know is not the best metric for reits AFFO looks good that being said do you think they have more than priced in the interest rate rises at this point and are a good buy here.

Q: Hello,

Hard to ignore this one with a 10% yield, no ? I see that they have always maintained their dividend over the years. From what I understand, the stock has never been this cheap since its IPO 8 years ago.

Is the distribution sustainable ? If so on what metrics do you base your opinion ?

is this a buy ?!

Many thanks !

Q: Hi 5i
I am a little overweight in financials, about 2% each in above Canadian names and about 1% each in US names.

I am underweight real estate / property.

I would like to sell a financial. Probably MFC which essentially has paid me a nice dividend for a few years but hasn't really had a significant gain. Selling would provide a small capital loss that I could use. Certainly recent market downdraft has been a factor.

Would you agree that MFC is the one to sell?

2nd question is which real estate stock(s) or REITS to replace up to 2% of portfolio or simply go to ETF ZRE which is in the income portfolio.
I prefer individual - your favoured 2 or 3 but would definitely consider this ETF w good yield.

Criteria for buy(s) are (for retiree.)
(a) high yield i.e. 4% or more, mainly to replace income from MFC.
(b) low overall long term risk as compared to other REITs and
(c) low to modest growth.

re Reits buy all now or average in over 3 to 6 months?

Please subtract as many credits as you see fit.
Thank you for always helpful advice.

Q: Good Evening
Allied Properties is down 57%. and trading at 2012 levels.
Do you see any further declines. Would you sell at these levels or hold. Is it also advisable to average down at these levels. Any comments also on the sustainability of the dividend will be appreciated.
Thanks.

Q: Would this be a good time to add to a position in HR.UN?
Thanks Ron

Q: Currently holding 3 REITS and would like to bring it down to 2. Thoughts on which ones you would keep and the reasons please.
Thanks

Q: Thy announced a sale of their 20% interest in the US multi-res portfolio for 315 million. The book value from their last annual report was 179 million so the book value was only 52% of the fmv. The use of funds to pay down debt and the evidence that the book value of the company is likely seriously discounted seems to make this company's shares a compelling value.

Q: Would you agree that interest rate hikes, real and expected, have lead to multiples compressing on Reits, including apartment and industrial, which are my two favorite areas in this sector. What do you think of Minto Apartment reit going forward, thanks, Ed

Q: Good afternoon,

Can you tell me a little bit about BRE and whether you think it would be suitable for an income portfolio.

Thanks and have a great way.

Q: Hi 5i:

I am concerned about the proposed taxation changes for REITs that are tabled in the government (Canadian). How do you think these changes will affect investment in the REITs and their equities?

Q: What is wrong with this company? It is now hitting 52 week low. What are future prospects? Is this a sell, hold or average down name? Is the dividend safe?

Q: What happened to this stock? Why did it plunge? Please let me know insider ownership and debt level too

Q: I own this ETF. Down 24%. Not particularly concerned given the overall market. But I do not understand how the industrial real estate sector is expected to perform in the current environment. What is your outlook for this sector? Thanks for your help.
David

Q: VNQ has substantial amount of return of capital. In RRSP, is there any tax liability for canadian owners?

Q: I hold these 3 REITS . May I have their fundamentals and how will they do in a recession and rising rate environment.

thank you

Q: This has really sold off, but from what I hear the industrial sector is doing really strong/there is a lot of demand and not much supply (at least in Canada).

Is this general market weakness or is there something else going on? Do they say if a lot of their debt is fixed rate or floating/are they getting crushed by higher rates? I though most real estate managers used mostly fixed rate.

What do you think of it at this price?

Q: Retired dividend-income investor. I have a half position in ZRE in my Cash account.

I am looking to add to ZRE using my wife's monies, which are available in any of her Cash, RRSP or TFSA accounts. Please rank the order of which account ZRE should reside and why.

Thanks...Steve

Q: CSH.UN has dropped a lot and is now at the price it was in 2012. can I get your opinion on its debt level, its safety during a recession as well as the safety of its dividend? Do you think it is a time to add one's position?
thanks

Q: Is the Dream Industrial dividend taxed as a Canadian source?

Q: Where do you see this company falling on the value vs growth spectrum?

Would you consider its real estate holdings to have significant inflation protection benefits?

Thanks!