Investment Q&A

Q: I am a dividend growth investor and invest for the long term. I currently hold Altagas, but would like to increase my weighting. In the past many analysts were projecting good growth for this company over the next few years.

With the stock languishing recently relative to others such as Enbridge, Pembina, etc., do you see any issue in adding on to my 2% position?

It appears that you believe their dividend is relatively safe with their current payout ratio. Do you see continued growth of that dividend looking towards the future?

Thanks.

Jim

Q: Hi,
I have taken up a few half positions in stocks with the following details in my portfolio:
Full position = 4% of total portfolio = $6400
Half position = 2% of total portfolio = $3200
Transaction fee = $9.97

For full positions, my strategy as been to consider trimming them if they get $2000 or more above a full position. I will consider adding to them if they drop at least $1500 to $2000 below a full position. This keeps my transaction fee at about 0.5% to 0.75%

This same strategy with half positions will cost me more on a percentage basis. Should I ignore this and just be happy I'm diversified, or would you employ a different strategy? My current half positions are HCG, CXI, GUD, and PHM.

Q: Is the dividend paid by ETE sustainable?

Q: What is the consensus for Exco's Q2 consolidated sales and eps?

Q: What do you think about FNV right now?

Q: Followup to recent Q. on BEP.UN. Distributions can be taken in US or C$, default is US, so if held in a C$ account broker will convert at their exchange rate. To receive in C$ you must instruct broker you want this option, I estimate it's worth at least 1% of the distributions received, not much, but better in my pocket than broker's.

The above comment was posted and I am confused by it. What exactly would I tell my discount broker? Would it be better to get the distribution in US$? Would I need to move my shares to the US listing in order to get the distribution in $US or can I just request to be paid in $US even though the stock holding is on the TSX? Would this be a good way to increase US$ over time?

Thanks
Dolores

Q: Having bought some at much higher prices ($18) and given your recent comments around it's low valuation and that IT is trading at significant discount to it's peers would this be a good price to pick up some more and lower my ACB? I know if the company is sold it unlikely to be at a price that's a double from here. IT is an insignificant part of my portfolio but is in my tfsa so i can't use the loss.

Q: What is the consensus for Q1 revenue, adjusted ebitda and adjusted eps in US dollars?

Q: Nevsun is spending most of their cash on the purchase of Reservoir Metals. Is this an okay investment? Freeport is giving up on this property. Is Lundin still in the picture . Your thought on this acquisition by Nevsun?

Q: Pays a high dividend.Would this stock also be a suitable purchase for long term capital appreciation on the stock price in addition to the dividend play ?
Thank you

Q: your opinion,please. and count two credits. thanks.

Q: In perusing your growth portfolio TNC seems to be the only one (except XTC which I already own) with a P/E maybe(?) under 20. Is it starting to look better than your initial B- rating?

Q: Hi Peter/Ryan I have held dhx media for years nows and seen what seems like alot of new content etc but the stock price doesn't nothing but move down. I watch your other recommendations like sis currently moving higher and higher. Should I sell and move on?
Thank you

Q: I had heard that US REITs were substantially "cheaper" than Canadian ones, yet when I compare Vanguard's VNG with PE of 40 and PB 2.5X with ishares XRE's PE of 13.5 and PB under 1 it doesn't seem so.
What am I missing and if not VNG as a suitable US REIT what can you recommend? Thanks, J.

Q: Could you provide an opinion on TOY? My kids are insane for Paw Patrol, one of the brands in their portfolio.

Q: Good Morning
I hold 4 Canadian banks CM, TD, RY and BNS in an unregistered account. The bank stocks comprise just under 20% of my portfolio and each has approximately a 50% capital gain. My only other financial stock is a 2.5% position in PWF. Capital gains in my account this year will likely be taxed at 15%. I am considering selling one of the bank stocks (perhaps CM) and investing the proceeds in SLF. I have chosen SLF for it's relatively low valuation and secure dividend.
Is reducing the allocation to Canadian banks appropriate, or does the tax which has to be paid cancel the benefit?
Which bank would you sell?
Is SLF a suitable alternative or is there another company that you would prefer. I already have full positions in CNR and BAM.A.
Thanks
David

Q: What is the difference between Notional distribution Adjustment to Book value and RETURN OF CAPITAL ADJUSTMENT TO BOOK COST ????

Q: An American company but I wonder if you have any views? Very strong stock price performance this year.

Thanks!

Q: Can you give me your opinion on this company. thanks Clare

Q: The week, Great-West declined to exercise their call option on their US$300mm fixed-to-floating hybrid bond securities, thus allowing this bond to not mature for another 30 years. Apparently the bond market was shook up a bit over this move and it was not expected. It is my understanding that it has been generally customary to exercise the call option at this point (10 years in this case), but GWL has broken with this tradition/practice. I have read that the market for these types of bonds is about C$45bln.
Do you think that this could real negative impact on the bond market?

Thanks,
Mike