Investment Q&A

Q: Hello Peter
First I want to thank you for your excellent information, particularly on the SSL warrants. What a great research service.
I am looking for a Midstream oil/gas business because these are less dependent on oil prices and mainly just collect tariffs, or possibly a pipeline, and I checked your comments on each of the ones listed below.
I am retired and looking for good sustainable dividends over 3.5% and enough growth to offset inflation.

This is the data I get from my TD Waterhouse site:

Earn$ Div% Yield% P/E POR*
Parkland PKI 1.14 1.04 5.70 16.0 91%
Transcan TRP 2.26 1.84 3.91 20.85 81
Shawcor SCL 4.29 0.50 1.24 9.40 12
Keyera KEY 2.17 2.40 3.89 28.45 110
Gibson GEI 0.97 1.10 4.14 27.39 113
EnbridgeENB 1.09 1.26 2.84 40.62 116
Altagas ALA 1.37 1.53 3.84 29.08 117
Pembina PPL 1.12 1.68 4.88 30.71 150
CanexusCUS 0.22 0.56 9.31 26.73 248
InterPipeIPL -0.29 1.29 5.00 0 infinite
* Payout Ratio [POR] calculated by me.

Of these. the only one I own now is PKI... good dividend, lowest P/E Ratio, and reasonable payout ratio and you rate it "B".

1. Why do you favour PPL with it's 150% POR? You rate PPL and ALA well above TRP though it has a good dividend and 81% POR?
2. I don't understand why you say IPL, with negative earnings and an infinite POR, is a "favourite", though weak.
3. Only KEY, GEI, and ALA have decent dividends and PORs a little over 110% but maybe these PORs are considered ok because of large dividend reinvestment plans.
4. So my question is: What one or two should I choose, or do you have a better suggestion, and are you not worried about the high P/E ratios?
Many thanks........... Paul

Q: Hello 5i Team,
Would you think Wi-Lan [WIN] has too much risk for including in a registered account? I would want the income stream and any growth. Thanks.
Ronald

Q: Hi Peter i'm a newcomer,and based on your model portfolio i will start to establish some positions,what criteria should i use.
Thank You
Dan

Q: Hi guys, great service. Would it be possible to expand your search to include all tickers being asked about. Many people ask about 2 or more companies in the same question, but the search only looks at the one chosen in the header. Thanks, Ian

Q: DI.UN is tanking these days. Is it just interest rates & sector rotation or is there a more fundamental problem with the company? Thanks. Michael

Q: I am building a self managed RRSP and TFSA portfolio which is the model portfolio and a touch of the B+ and better rated stocks. Thank you for the great results. With a 15 year horizon I am slowly adding laddered bonds, in addition I have XLY, IBB, IWO, YUM and TAL for US holdings.

I am transferring, in kind, my BMO managed Blueprint stocks to a self trading account, some are already in the model portfolio. Should I keep any of the stocks that are not in the model portfolio or should I dump them all and buy the model portfolio?

AGU ATD.B BCE BAM.A CAE CNQ COS CP CVE GIB.A CM CNR ELD ECA WN G IGM IMO K MFC POT PWF RY RCI.B SLF SU TLM TRI THI TD TRP
US$ are EFA & SPY

I'm not attached to any of them, not concerned with the trading fees.

Q: What are your thoughts on WRG. I hold this in my grandson's RESP. The stock seems to be highly rated, but is down 12% from what I paid for it.

Q: Your opinion on AFN (Ag Growth International) and VALE (Vale SA). I do not have any exposure in either agriculture or mining. The exposure would become 10% of my portfolio (5% of each).

Q: Hello all,
What are your thoughts on PHK, Pimco High Income Fund? It has a descent yield and seems to be hanging in at it's mid price range. Thanks.

Q: ptq
How long do cease trade order normally last once a company files the paper work they were missing (ie is the bureaucracy at BCSC pretty quick?)
Looks like PTQ had a cease trade order implemented on Friday (after close?) due to late filing of their quarter documents.

Current thoughts on the company?

Q: Could you please provide an update on TME Thanx

Q: Peter; There is an interesting article in today's Globe , pge.B14, on how much fees can seriously impact a portfolio.

Rod

Q: Hi 5i,
Any idea what will happen to the Tuckamore Capital deb, TX.DB.C? I have a very small amount in the deb., and will sell for a capital loss, unless you see something magical happening between now and Mar. 2014.
Many thanks. Bob

Q: New Flyer Industries (NFI) continues to drop yet its backlog remains strong. Any insights I am not privy to or is this a normal correction?

Q: Hello Peter and team.
Just wondering why you think that the drillers will do better next year?with oil and gas prices going down,could the opposite be the case?
You think TCW is cheap here?

Q: Hi Peter and team, I'm thinking of sell GDL Goodfellows could you please recommend a better stock in this sector. Thank you

Q: CDV - I have Con Dev and perhaps thinking of selling it. Do you see it as a Buy,Sell or Hold? Thanks.

Q: Peter,perhaps you are not getting my questions so I will try again I have been a member since day one and I trust your opinion a lot. I need your help more now than ever. I have four preferred shares that will likely be called in the next two months. Trying to come close to the yield they were giving me.I have a lot of the Pembinas, Keyeras, and real good ones as far as equities. In order to get more yield your valued opinion please on GH, RSI, COS,MED, DR, DBD,LW,and BDT Please. I know this is a lot of companies to ask for but I must be very diversified in these funds that I will be using. Thank you so much, Ken

Q: Currently holding MDA, STN and GIB.A and have been considering bringing GIB.A and STN up to 5% by selling MDA. Also one I don't hold at this time is TIH and have considered adding it. I would appreciate your input before making this move.
Thank you for your wonderful service.

Q: I presently own Pembina Pipeline for the last several years for dividend & growth. I see Trans Canada has been in the news a lot lately and was wondering if this is a good entry point going forward for the same reason I have owned Pembina? Thank you for your valued opinion.