Investment Q&A

Q: I've owned Dream for over 6 years now and its steady 40 cent dividend was all return of capital, lowering my Adjusted Cost Base each year. I now see that its current price and my ACB are almost the same. I've made ZERO in 6+ years despite its very good dividend. I think this illustrates your comments that they have not created any value over the last 10 years.

Q: Hello,
How is the debt level and how has their revenue heldup? Is it a good time to invest in the company or are there a couple of other choices?
Thank you for your support.

Q: Which of two would be a better investment( Total return) for a 5year hold
Thanks...Cec

Q: Thoughts on this one
Thanks Terry

Q: It is on 5I Tech Analysis on Nov 25 with a $7.70 B.O. It is the co's intention to buy back(BB) $100m worth of shares in 3 stages on "Tender Offer".1)On Aug 29/19 BB 4m shares @ $8 = $32m. 2)Feb 3(closing price $7.72) stated offer to purchase 4m shs @ $8.25(closed@ $7.91today) to commence on Feb 7 to Mar 16.(=$33m). 3)Later this year,will offer to BB $30-35m @ min. $8.50. My 2questions 1)should I tender my shares knowing that there is a higher offer @ $8.50 later in the year plus a current 5.08% yield.?Alternatively,I can tender & buy(hopefully at a better price) at a later date. 2)If I buy more shares the next few days(today's price of $7.91 lower than offer price of $8.25),do they qualify for the $8.25 tender offer? Please advise. Also please comment on the Q results released today after close of market. Txs for u usual great services & views

Q: Just a comment. I saw what CDJ stated re TR. It rated DRA.un a 9 out of 10 i.e. in the top 15% stock scored,only one analysts with a Buy rating and a $8 PT. On Nov 25,it is a stock on 5I Tech Analysis with a $7.70 break out.

Q: hi, 5I
looking at Thomson R review of the company , this is what they say about valuation:
''This company does not currently meet the data requirements to calculate a score for this component.''
Could you comment,
thanks,
CDJ

Q: How do you evaluate the management of DRA.UN. I did very well drg.un is there a relationship with that management and the quality they exhibited. ALSO how is the payout ratio and the relative safety of the div.
THANKS

Q: Do you have an opinion on this company?
It is a mutual fund trust, can you explain how this differs from an ETF?

Q: I just rec'd an offer from the company to buy back shares at $8/share. While a premium to current share price, it doesn't seem overly generous. My inclination is to hold on to the shares as the company seems to be in good shape. Your view, please?

Q: I think in a previous answer to a question on the Brookfield group of companies you suggested owning up to 15% of this group was OK. I am wondering about the Dream group of companies and your opinion of DRG.UN, DIR.UN, etc., and if you like them, what limit would put on ownership of the group and why?

Q: If DRM the top parent company of DIR.UN, DRA.UN, D.UN does DRM get income from dividends from actually holding some shares in those other dream publicly listed companies? If that is the case can you tell me roughly how much the parent company holds of each please? Thanks

Q: Hi Team,
What is your opinion on the 3 "wave" buy back offer that is in the plan by Dream Hard Asset Alternatives Trust. It seems a unusual way to announce a share buyback. Am I missing something?

I own some units was thinking to add more lately...

With the current yield of 5.1%, what risks do yo see to buy the stock at the current price. Would you be confortable to add more at the current level ?
Thank you !

Q: I would appreciate your comments on management's plan to buy back the stock at $8 in July and $8.25+ in 2020.
Earl

Q: What are your thoughts on Dream Hard Asset Alternative Trust - would it be a good choice for a long term hold? Yield is approx. 6% - read a report that states they provide retail investors access to investments normally available to private equity funds.

Q: Hi, I have held DRA.UN for about 2 years and done well (30%). This holding continues to trade under it's NAV, and the yield is over 6%. In the past you have classified this trust as "riskier income". What are your current feelings on the future prospects for this trust? Is it time to take the money and run?

Q: I'd appreciate your comments on DRA.UN after their recent results were issued. Is it still a good long term hold. The market seems to like the latest results. Thanks.

Q: Can I have your opinion of DRA.UN and whether you think it is a good hold for a patient investor or are there better choices around? I am up over $1 in a fairly short time. Thanks.

Q: I've owned this fund for quite some time. It trades consistently at around 30% below it's NAV. The yield is decent and appears safe/reliable. I was thinking about adding to my position for the yield and "hopefully" some share appreciation or at least limited downside. The price to NAV seems long overdue to improve and the company continues to buy back units. What are your thoughts about this investment going forward and buying at today's valuation?

Thank you

Q: I am looking at dra.un for a 1 to 2 year hold for moderate growth and income. What is your synopsis for this company and are they connected to bam.a in any way? Thank you