Investment Q&A

Q: Hi there, may I please have your quick thoughts on results for FLUT, SPB and WELL?

Thanks!

Q: I am an income investor. Can you please explain, with falling interest rates, the risks associated to making a significant bet on Superior Plus Company (SPB). From my reading, the 9% dividend is well covered by earnings and the debt, though significant, is coming down. The company is making money with a largely captive audience and the day to day share price is largely irrelevant to me. With a 5 year, plus, horizon, I don’t get the low share price. Is this a poor man’s Enbridge?

Thanks for the help!!

Q: Do you think spb.ca dividend safe and would recommend the company .

Q: Is Superior Plus worth holding on to for the dividend as it continues to drop or is it a sell?

Q: Can you tell me if Brookfield has divested of its shares in Superior Plus? I had thought they would have bought them out by now. Also, has Superior Plus cut their dividend. I bought it years ago for the yield but I am down considerably. Would you cut your losses and move on or is it too cheap to sell now.
And if I sell, what to replace it with.

Q: If Brookfield has been unloading their shares, when do they have to report thru sedar ?

Q: I currently own SPB in a lost position and wondered if you would add to it or would prefer to sell SPB and buy CNQ? This is for a RRSP account.

Thanks

Q: How safe is the dividend??

Q: Good Morning,

I was thinking of buying the listed companies for a 6 month hold. What is your opinion on expected total returns. Your suggestions for better total return cdn stocks are welcome. Thank you

Q: I am down on both of the above. I understand Royal has a 15.00 target on SPB. Would you think I should switch AQN TO SPB??

Q: What is the estimated cash flow for 2024, in CDN?
Is the recent departure of an executive all that significant?
This one has really been drifting lower.

Q: What do you think if Superior Plus price point today? Buying for yield and hopefully price appreciation as well. Why has it gone down and what would it take to move the price up?

Thank you

Q: Dear 5i team.

I know these Qs are all asking for opinions, so appreicate your input on the following:

At what price does SPB look attractive for income and limited capital risk?

What % does Brookfield own of SPB and at what point do you think this gets cheap enough for them to take private?

What seems to be the problem with mgmt getting this business to achieve profitable growth, and create shareholder value?

Seems to me propane distribution and use business has many years of runway left in our lifetimes.

Appreciate your insights.

Q: Yesterday I said that I have just sold all our shares in SPB:CA despite the high dividend, because the share price has been languishing for too long. In fact the share price has been steadily declining and it is this decline over a long period that has pushed me to sell.
I asked for alternatives in the energy industry, but you excluded oil and gas suggestions.
I have recently sold ENB because its share price has also been steadily declining. If a stock has a high dividend, I still like to see the share price remaining stable or increasing a little.
We have a 5% position in BEP:UN, but I have always considered this to be more of a utility than an energy stock. Your suggestions seem to be very similar to BEP:UN.

So can you reflect on this and give me a suggestion on a single company in the energy industry that is likely to provide the best ROI over the next 3-5 years, but include oil & gas in your answer.

Thanks in advance.

Q: I have just sold all our shares in SPB:CA despite the high dividend. It has been languishing for too long and I'm sure there is a better investment somewhere in the energy industry.
It was our only stock in the energy industry and we should replace like for like.
What are your best suggestions for the next 3-5 years for total ROI in a RIF?

Q: Hi Team,
What do you think of yesterday's results versus estimates.

I have a small SPB position in my RRSP (about 1%) and I am think about increasing my position. I own it mainly for income with, what I consider, a relatively safe dividend of 7.6%

I am thinking about gradually increasing my position to about 2-3% but I find the debt level a bit concerning, would you agree with the move?

I have some cash to deploy and I took many positions in the utilities sector in the last months and these positions are beginning to do well.

I would like to add some income diversification. What companies in other sectors (REIT, Financials, consumer staples, etc. ) could you suggest to add in a RRSP portfolio that pays a reasonable dividend, have a limited possible drop in price even in an economic downturn and a fair chance of capital appreciation over the next 2-3 years.

Thank you!

Michel

Q: I will need to sell one or a combination of several of these stocks for my RRIF withdrawal. EIF (gain )has been good to me over the years , SPB ( loss ) hopefully Certarus acquisition will help , BEPC ( loss ), spinout , full portfolio position of BEP.UN .

Would you sell a full position of one of these or split between the 3 ( or 2 ) . How would you proceed ? Thanks Derek

Q: SPB is close to its 52 wks lows,I would sell this stock if there were a significant risk for the Cie and/or its dividend,and keep it if the Cie still looks safe , would you consider it as a Buy,hold,or sell in this perspective? thanks

Q: If you have to invest new money today with a 3/5 years view (appreciation + dividend), which one will be your choice, Superior or Bell?

Q: In my RRIF , I am looking at selling one of these stocks to buy UMAX for its higher yield and diversified holdings. Forgetting portfolio composition , please provide the order in which you would sell first (1) and then to last (5).
Thanks. Derek.