Q: Are you aware of any reason for Parkland to drop over 5% on over 5 times the normal volume yesterday? I couldn't find anything. The stock is held in my husband's TFSA with a good gain over several years. It is a small portion of our total portfolio. I had been thinking of adding on its recent positive momentum. Or selling to add to a partial new position in NWC. Thank you for taking the time to do a little checking. Have a great long weekend.
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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 have owned PKI for 10 years and have done OK but now am building a case to sell. I see PKI as a company whose assets spans an oil refinery to M&M frozen foods with oil distribution and convenience stores in between. Now is facing significant capex to add EV charging stations and facing more competition in this area with the announcement that the major auto companies are to build out charging stations across Canada.
Please shot holes into my thesis. Am looking to replace with EIF, your thoughts on this company would be appreciated. Thanks. Derek
Please shot holes into my thesis. Am looking to replace with EIF, your thoughts on this company would be appreciated. Thanks. Derek
Q: I am looking at either EIF or PKI for a long term hold in my RRIF. Solid dividend coverage and a growing dividend with present yield of at least 4% is required. Which would you recommend ?Do you have any other suggestions of Canadian companies other than your Income Portfolio Model? Thanks. Derek
Q: What do you think of PKI earnings. On surface, they look good. how should price react?
Q: I see Parkland's share price since 2003 was rising steadily and quite well until February 2020 when Covid hit but after the initial Covid crash and rebound has been slowly drifting lower, now down about 35% from it's $48 high to the present $31 range and will have to rise over 50% to regain it's all time high. Why is is drifting lower now...what happened?.
It will take 12 years' worth of dividends to get back to the previous high unless the company can grow and prosper and profits rise considerably. I have studied your recent report [thank you] on the company and it looks good and the B+ rating in encouraging but you don't really identify much strong growth as such. Selling the refinery could be a negative as it seems to be steadily profitable.
Comparing the 20 year price and dividend growth histories of companies like FTS, EMA, RY, and T for example it is hard to see PKI as being a superior investment.
So does the current price and anticipated growth merit investing in PKI at this time for a 10 year hold? Do you have that much confidence in management?
Thank you......... Paul W. K.
It will take 12 years' worth of dividends to get back to the previous high unless the company can grow and prosper and profits rise considerably. I have studied your recent report [thank you] on the company and it looks good and the B+ rating in encouraging but you don't really identify much strong growth as such. Selling the refinery could be a negative as it seems to be steadily profitable.
Comparing the 20 year price and dividend growth histories of companies like FTS, EMA, RY, and T for example it is hard to see PKI as being a superior investment.
So does the current price and anticipated growth merit investing in PKI at this time for a 10 year hold? Do you have that much confidence in management?
Thank you......... Paul W. K.
Q: Can you comment on latest news today about PKI valuation by Engine Capital. What might transpire going forward? What impact do you think it will have on share price? Is this a time to buy?
Q: Can I get your thoughts on the recent results and has it changed your view of the stock?
Thanks
Thanks
Q: Hi Peter
got a small position in TFSA and my rrif
has been holding for a few years and under water
I have FTS, ENB; BCE and some bank stocks (RY, TD)
wonder it is worthwhile to hang on or switch to
any of the above
I am retired
thanks
Michael
got a small position in TFSA and my rrif
has been holding for a few years and under water
I have FTS, ENB; BCE and some bank stocks (RY, TD)
wonder it is worthwhile to hang on or switch to
any of the above
I am retired
thanks
Michael
Q: I hold PKI with a 30% loss in my TFSA. Should I hold or sell to invest in something more promising (it would have no significant influence on overall diversification)?
Q: Hi, I’m looking at the current 13% dividend for PKI. What is the likelihood of a cut? Their longer term guidance sounds optimistic in this environment. You mentioned M&A in your reply to Gregory. Have you any potential candidates in mind who would be interested? ATD is obvious but would the government approve? Anyone else? Thanks! Heather
Q: Thoughts on the guidance they released?
- Parkland Corporation (PKI)
- Superior Plus Corp. (SPB)
- Brookfield Infrastructure Partners L.P. (BIP.UN)
Q: A full analysis please. In my opinion the metrics are not good however it is being rated a buy by analysts. I am curious as to your thoughts versus theirs. Thanks
- Parkland Corporation (PKI)
- Freehold Royalties Ltd. (FRU)
- North West Company Inc. (The) (NWC)
- Exchange Income Corporation (EIF)
- Topaz Energy Corp. (TPZ)
Q: Good Morning
I woud appreciate it if you could provide me with Credit Ratings for the following companies as I have been unable to find the information. Maybe your Bloomberg will help me.
EIF, NWC, TPZ, FRU, PKI.
Do you consider the credit Rating to be a very important metric by which one can judge the safety of a company and of it's dividend?
Thank you............ Paul W. K.
I woud appreciate it if you could provide me with Credit Ratings for the following companies as I have been unable to find the information. Maybe your Bloomberg will help me.
EIF, NWC, TPZ, FRU, PKI.
Do you consider the credit Rating to be a very important metric by which one can judge the safety of a company and of it's dividend?
Thank you............ Paul W. K.
Q: Hi. I was considering selling Superior Plus for a tax-loss. Do you have a suggestion for its replacement? I likely will not re-purchase SPB. Thanks,
- Sea Limited American Depositary Shares each representing one Class A (SE)
- Parkland Corporation (PKI)
- Vanguard FTSE Emerging Markets All Cap Index ETF (VEE)
- Alibaba Group Holding Limited American Depositary Shares each representing eight (BABA)
- Invesco Solar ETF (TAN)
- Vanguard Total International Stock (VXUS)
- MercadoLibre Inc. (MELI)
- Vanguard FTSE Developed Markets ETF (VEA)
- SVB Financial Group (SIVB)
- DocuSign Inc. (DOCU)
- SolarEdge Technologies Inc. (SEDG)
- ARK Innovation ETF (ARKK)
- Global X MSCI China Consumer Discretionary ETF (CHIQ)
- ARK Genomic Revolution ETF (ARKG)
- ARK Autonomous Technology & Robotics ETF (ARKQ)
- Paramount Global (PARA)
Q: Hi! Doing some cleaning up and wondering if these are buy, sell, or hold. In reference to Shane's comments I also agree that it wasn't too long ago that so many advisors were recommending growth stocks at lofty prices. Having always been a more of a value investor I dipped my toes, but am feeling like I'd be too scared to ever enter any kind of a growth stock again. I know if interest rates peak you feel these can do well again but only time will tell and many investors have lost lots of money on the high growth names like in Cathy Wood's funds. Happy to hold any of these names if there could ever be a turn around. Thank you!
Q: Does PKI's current unattractiveness come down to its debt ratio or to end-of-year selling-the-losers? Everything else in energy is doing so well. Supposing tax loss sales peter-out and interest rates stabilize, does PKI become attractive as an income investment?
Q: This morning Simpson Oil Limited Provided an Early Warning Disclosure Regarding Investment in Parkland Corp. plus PKI say that third-quarter results will fall short of its expectations.
Will this have a major affect on PKI and if so should I get out of this stock asap?
Will this have a major affect on PKI and if so should I get out of this stock asap?
Q: Peter; Apples and oranges but which one do you prefer in todays environment? Thanks. Rod
- Enbridge Inc. (ENB)
- Parkland Corporation (PKI)
- Granite Real Estate Investment Trust (GRT.UN)
- BMO Low Volatility Canadian Equity ETF (ZLB)
- Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: I have these Equities in a RIF Account and I would like to add cash I have available. Please let me know your preferences and maybe your reasons if possible.
Thank you as always.
Albert
Thank you as always.
Albert
- Intel Corporation (INTC)
- NVIDIA Corporation (NVDA)
- Walgreens Boots Alliance Inc. (WBA)
- 3M Company (MMM)
- Philip Morris International Inc (PM)
- Williams Companies Inc. (The) (WMB)
- Bank of Nova Scotia (The) (BNS)
- Enbridge Inc. (ENB)
- Sun Life Financial Inc. (SLF)
- TELUS Corporation (T)
- SmartCentres Real Estate Investment Trust (SRU.UN)
- Capital Power Corporation (CPX)
- Parkland Corporation (PKI)
- ATS Corporation (ATS)
- Richards Packaging Income Fund (RPI.UN)
- Shopify Inc. Class A Subordinate Voting Shares (SHOP)
- K-Bro Linen Inc. (KBL)
- A&W Revenue Royalties Income Fund (AW.UN)
- Acadian Timber Corp. (ADN)
- Boston Pizza Royalties Income Fund (BPF.UN)
- goeasy Ltd. (GSY)
- Blackstone Inc. (BX)
- Aritzia Inc. Subordinate Voting Shares (ATZ)
- Trisura Group Ltd. (TSU)
- Stag Industrial Inc. (STAG)
- Scotts Miracle-Gro Company (The) (SMG)
- SVB Financial Group (SIVB)
- Crocs Inc. (CROX)
- Fox Factory Holding Corp. (FOXF)
- Lantheus Holdings Inc. (LNTH)
Q: Can you provide a 'buy' list for a person wanting to deploy $200,000 (inside RRSP) with the goal of creating 5% or more sustained cash flow - as well as growing the original capital to keep up with inflatiion? We do not have company pensions - this would serve to supplement our government pensions.
Thinking, 20 stocks across all sectors @ $10,000 each (or 5%)
Also could you include 10 growth stocks (inside TFSA) for a total of $250,000 - gotta have some fun ;)
Many Thanks
Jan
Thinking, 20 stocks across all sectors @ $10,000 each (or 5%)
Also could you include 10 growth stocks (inside TFSA) for a total of $250,000 - gotta have some fun ;)
Many Thanks
Jan