Investment Q&A

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: What do you make about Chemtrade Logistics Income Fund? The key statistics don’t look great (negative profit margin) and the share price over the past 5-years has just declined.

It does pay a very high dividend though.

Thanks

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Read Answer Asked by David Michael on July 28, 2020

• Keyera Corp. (KEY)
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• Alaris Equity Partners Income Trust (AD.UN)
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• Chemtrade Logistics Income Fund (CHE.UN)
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• Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
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• Atrium Mortgage Investment Corporation (AI)
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Q: Thank you for your answer; between those companies, which one are your favorite for holding in the long run and would it be relatively safe to invest in them ? I only know personally fiera and keyera.

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Read Answer Asked by jean on July 13, 2020

• Vermilion Energy Inc. (VET)
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• Chemtrade Logistics Income Fund (CHE.UN)
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• Extendicare Inc. (EXE)
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Q: I have had CHE and EXE in my RIF for quite awhile.
Cost $74,526 total and currently worth $35,010 for a loss of $39,516 (Ouch!!)
Being in my RIF, there is no tax write off but selling either or both will free up $35,010 of cash for other more (hopefully) rewarding items.
The same with VET in my TFSA but even with VET's dividend cut its still paying me about 10%+ dividend on my cost of VET.
Given all the issues with Long Term Care Facilities and Corona-19, is EXE still a good long term bet?
I'm inclined to sell CHE and stay the course with the other two.
Your thoughts?
Brian

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Read Answer Asked by Brian on April 22, 2020

• Pembina Pipeline Corporation (PPL)
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• Inter Pipeline Ltd. (IPL)
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• H&R Real Estate Investment Trust (HR.UN)
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• Chemtrade Logistics Income Fund (CHE.UN)
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• Extendicare Inc. (EXE)
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• Freehold Royalties Ltd. (FRU)
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• Brookfield Property Partners L.P. (BPY.UN)
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Q: I am retired and have both a cash and RIF account. In my cash account are the big 5 Banks, T & BCE, FRU & IPL. I see that IPL has cut the dividend & FRU has a "1,437% Pay out Ratio (PoR)!! I have mostly REITs in my RIF & EXE & CHE.
I'm not concerned re the banks or telecoms but the PoR of FRU, CHE & EXE are of concern to me. I also feel that in the longer term, the REITs will survive especially with interest rates so low. Also, to replace IPL would you consider PPL
Your thoughts please.

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Read Answer Asked by Brian on April 09, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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• Exchange Income Corporation (EIF)
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Q: Dear sirs,
Looking for your insights into the outstanding debt of both company's, noting the large discounts in current pricing. Assuming I am comfortable with the volatility and can hold the debentures should one expect to receive par value on maturity
Thank you,

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Read Answer Asked by Brad on April 07, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: I didn't see a div cut detail in the news- also what is the debt situation?

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Read Answer Asked by Scott on April 03, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: But sell or hold?

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Read Answer Asked by Barbara on March 16, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: Sell or hold after precipitous drop

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Read Answer Asked by Louis on March 06, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: What do you think of their latest guidence for the year.

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Read Answer Asked by don on January 29, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: I'm looking into selling my remaining small position in CHE.UN (0.3% of the portfolio) either now or after they report Feb 14... a 'pulling the weeds' exercise.

To help decide on the timing could you please provide the Bloomberg EPS estimates for the latest quarter (reporting Feb 14) and for the next FY. Or you may provide a rational for pulling this weed now rather than trying to get a few more dollars out of a potential bump from a Q report!

Thanks.

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Read Answer Asked by Robert on January 27, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: Do corporate bonds perform well during recession? I am thinking of buying one of Chemtrade’s debentures, series B, C, D or E. Which one will perform better?

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Read Answer Asked by Liping on January 08, 2020

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: I have been following CHE.UN for some time. But have never been able to pull the trigger. Over the past 5 years it’s total return has been negative in spite its high dividend. Some analysts have been recommending the stock. Am I missing something here?

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Read Answer Asked by Roy on December 03, 2019

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: Comments please on latest quarterly report for CHE.UN.

Also a follow up on my previous question about dividend cuts impacting share price. General: In what circumstances do dividend cuts positively impact share price; Specific: do you think CHE.UN share price benefit from a dividend cut?

Thanks.

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Read Answer Asked by Robert on November 07, 2019

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: Your thoughts on their latest 1/4, thanks

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Read Answer Asked by Greg on November 07, 2019

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: Context: CHE.UN is 0.3% of our portfolio, it's down 50%. The price is not improving and the dividend has been the same since Feb 2007.

What do you think of the strategy of holding CHE.UN through a dividend cut... in the hopes that the share price will increase after the cut. A pattern that *seems* to follow most dividend cuts.

Thanks.

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Read Answer Asked by Robert on October 29, 2019

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: Is the 11% + Dividend safe? Thanks!

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Read Answer Asked by Austin on October 29, 2019

• Chemtrade Logistics Income Fund (CHE.UN)
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• Labrador Iron Ore Royalty Corporation (LIF)
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Q: Good afternoon,

I need to diversified investments from the Finance sector, which I am little bit over expose. I have no investment in the Material sector. This is in my RRSP Portfolio and the investment will not exceed 5% of my total portfolio. I am a long term investor and looking mainly for income. Which of these two companies do you recommend Chemtrade or Labrador Iron Ore?

Thank you.

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Read Answer Asked by Paul on October 02, 2019

• Chemtrade Logistics Income Fund (CHE.UN)
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• Nutrien Ltd. (NTR)
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Q: based on your comments, it looks like I should sell this investment. do you still recommend selling it even though the share price has been going up recently and it still pays a hefty dividend? If I sell should I wait until just after Sept 30, the next dividend payment date? if not why? what do you currently recommend replacing it with?
thanx

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Read Answer Asked by Stuart on September 13, 2019

• Methanex Corporation (MX)
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• Chemtrade Logistics Income Fund (CHE.UN)
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Q: I do not have any basic materials in my portfolio and I am considering buying either MX or CHE.UN. Which would you buy and why?

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Read Answer Asked by Roy on August 23, 2019

• Chemtrade Logistics Income Fund (CHE.UN)
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Q: What do you think of their latest results.

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Read Answer Asked by don on August 14, 2019