Investment Q&A

Q: Do you believe sustained low energy prices could significantly impact business of renewable energy cos., specifically BEP, RNW, AQN, NPI, BIP.UN per the IEA comments below. How could this play out and which companies would be most vulnerable? Thanks.

The IEA fears that low prices for all fossil fuels, including coal and natural gas, will sideline the renewable energy push in some countries. In the developing world, coal is becoming irresistibly cheap, encouraging the construction of coal-fired generating plants that spew out horrendous amounts of pollutants and greenhouse gases.
“We see the cost of renewables going down, but in a low-oil-price environment, we may well see that some governments may weaken their support for renewable energies or efficiency improvements,” Mr. Birol said. “We have been telling governments that it would be a historical mistake to lessen the support on renewables and efficiency as the price of fossil fuels becomes cheap. Let me be clear: Lower oil prices are a risk for the transformation of energy.”

Q: Thoughts on earnings and the future outlook? Do you feel they will be able to continue double digit growth and showing value despite the ongoing Alberta headwinds... Seems to be priced very attractively vs. NAV and their track record.

Q: I've been holding TRP stock for quite a number of years. Looking at long-term chart comparisons of TRP and ENB, it's obvious that ENB has outperformed. Short-term charts, though, are showing that ENB has been dropping considerably more than TRP, so, in a recovery, could one now expect more upside from ENB than from TRP? I'm wondering, namely, whether this presents a good opportunity to trade my TRP for ENB. Thanks!

Q: Is Csw.A still a buy? Can you comment on the valuation? Thanks!

Q: With the Jordon Cove and BC Tower projects,how do you feel about the dividend and growth prospects going forward

Q: Royal's latest preferred offering seem to be surprisingly good one, is it?? 5.5%yield and 4.53% reset. Is it a good buy? How will future interest increase effect the price? Is it trading, has a trading symbol?
Many thanks for your help. J.A. P, Burlington

Q: I originally purchased Enbridge early this year at $65. I purchased more at $49. Today it is $43 . I am contemplating averaging down again and buying more. Do you think that is a good idea or do you think Enbridge is still likely to go lower still?? (I thought $49 was a low). Thanks for your opinion.

Q: TMX Group about 10%... I don't a drop of 10% on the stock exchange. Any comments?

Q: What is the consensus for Q4 revenue and adjusted EBITDA?

thx

Q: Doing my research on sys. and noticed that according to Canadian Insider stock based compensation went from $59k to $3.6 million last year this seems excessive to me considering the earnings/loss. Wondering what you think?

Q: Hi Peter and 5i team,
We have shares of Com dev and we are thinking of selling [ in TFSA ]. Do you still think that MacDonald Dettwiler or another company will make a better offer? Do you have any suggestions for another growth name keeping in mind that we hold the appropriate percentile of large caps and bonds.
thank you for your advice

Q: Hi team:

SGY just released its 2016 capital budget and guidance after closing today. Do you think their presented scenarios are realistic and attainable?

I'm down close to 50% on this name and I wonder if I should rough it out for another year, or just give up and do a tax loss selling before YE. I would have done that already if not for I'm already sitting on a big capital loss position for 2015. No need benefit to add more tax losses at this stage.

Your insight is much appreciated.

Q: Hi, I have my portfolios set up similarly to the three 5i portfolios. With the recent drop, I'm looking to invest more cash. Could I please get your top 5 picks from each of the three portfolios? Also, thanks for updating the site for mobile, it's so much easier to navigate than before. Cheers,

Q: Morning ... well the 'cat is out of the bag' much to my dismay our 2016 TFSA contribution will be back to the $5500 limit ...an added * was that 2017 would have inflation written into our limit amount. Basically that is how we got $5500 from $5000 was because of inflation. My question is would I be correct in presuming that 2017 may go up $500 ? and also if I sell from Non registered now can I buy the same stock in TFSA on January 4th or do I have to wait 30 days. TY for all you do during these most troublesome times.

Q: Hi, I started a position in DOL on the dip today. Do you think this was a good move? Best,
Cala

Q: Would you replace AYA with AVO or do you have a better suggestion

Q: What is this reason for the big downturn toay?

Q: I see there have been a few comments about the new TFSA limits put forth by the Liberal Gov't. The 2016 limit has been reduced back to $5,500 however, they are keeping the 2015 limit of $10,000 in place. The big concern was they would pull back the $10,000 limit that the Conservative gov't put in place, yes going forward starting in 2016 it will be $5500 but they will not remove the $10,000 for 2015. This contribution room will always remain here, in other words if you didn't make a TFSA contribution in 2015 you can put $15,500 in 2016.

Q: I have about $55,000 invested in US stocks that I bought when the dollar was almost at par. I like all the stocks I have and I consider them blue chip long term holds and I prefer not to sell them. My question is do I sell them or keep them? I have CSCO, INTC, JNJ, SBR and DIS. Also if I keep them do I keep collecting the dividends in US and building a US cash portion which is what I am doing now or keep the stocks and convert the dividends to Canadian dollars. I am so torn with this since I am up like almost 30 percent on all these US stocks. Your thoughts please? I debate this everyday with no answer.

Jimmy

Q: Why is MND tanking when other golds seem to be strengthening? Is there something specific to the company going on?
Thanks