Investment Q&A

Q: Dividend growth investor here. Was wondering about the quality ACO.X as an investment. Any balance sheet concerns? The rather large portion they own of CU seems to be dictating the performance of their stock price - more less flat-ish over the last few years. So in that regard why would, say, FTS be outperforming CU over the last 5 years by approx. 25%?

Q: Hello 5i Team

I currently hold E-L Financial (ELF), Economic Investment Trust (EVT) and United Corporations (UNC).

Ultimately the total value of these three holdings is 2.84 % of my equity holdings with ELF (0.77 %), EVT (0.66 %) and UNC (1.41 %).

E-L Financial and the controlling family shareholder holds approximately 25% ownership of EVT (through direct ownership) and approximately 53 % (through indirect subsidiaries) with a resulting public float of 21 %.

E-L Financial and the controlling family shareholder holds approximately 55 % of UNC and approximately 23 % (through indirect subsidiaries) with a resulting public float of 21 %.
Through Normal Course Issuer Bids and Substantial Issuer Bids, E-L Financial is very slowly increasing its control (approximately 1 % per year).

I understand all three securities have extremely low trading volumes (less than 500 shares per day and some days no trades). I am looking at a long-term holding period (> 5 years).

Questions

1 – General comments on ELF, EVT and UNC.

2 – Given the very slow creeping takeover (i.e. 20 years to complete takeover), does it make sense to retain holdings of EVT and UNC and sell my holdings of ELF? The ultimate goal is to reduce the number of holdings in my portfolio.

Thank you

Q: Will partially liquidate Dis (at a loss) balance hold for recovery. Am debating deploying to one or two of the above. For a 3 to 5 yr hold (registered acct), with capital appreciation/total return in mind, which is favoured?

Q: Peter, My question is about so called Canadian blue chip stocks. Canadian banks div 6 to 7% now TC energy 7.1% Enbridge 7.4% Life ins Manulife 6.1%Great west over 6%. I have owned these stocks for a few years and with them being down 1% or more every day I am staring to go under water. Would it be wise to keep them or sell and buy GIC.
Now for the non blue chip. Eric Nutall suggestions from 2 to 3 mo. ago ie Tamarack Birchcliff ect ect are down 20 to 30%. Many co. have said they will sacrifice growth to pay the div. Many are nearly out of debt. Please help, What am I missing Thanks Ken

Q: I have a small position in each of BAM and SIS in a RIF and would like to consolidate into one position. Would you prefer BAM or SIS.

Thank you as always for your sage advice.

Q: I m looking for a TD moneymarket fund i n. my TSFA US account small amount to keep there,please give me some suggestion also the rate they come with

thank you

Q: Hi 5i,

Please comment on ZWEN, would you be a buyer at this time, and would it be better suited for a registered or non registered account.?

Q: Do you see any hope for either of these to recover or is it time to just cut losses and move on?

Q: I very recently picked up a small starting position in SMCI at $235. Am waiting before adding anything further. I don't normally base decisions on technicals but would like your thoughts on what price level you think would be reasonable. It did gap up in May around $160. In your experience, would you expect the price to come down to fill this ? Any other comments would be appreciated.

Q: How much higher will it go.
Shall I buy more shares
Thanks

Q: I'm under water on both these small cap tech stocks each at <1% of portfolio. I gather from previous comments NVEI is a buy currently? Is ILLM also a buy? Which has greater upside over net 2-3 years?

Thank you

Q: What currency are BEPC’s dividends paid in?

Q: Hello 5I team: If someone retired with some room in RRSP which is in turn transferred to RRIF can they contribute with no employment income as long as they do not claim for a tax deduction?

Q: Hello, I am down on these stocks and with the risk of a recession, would you preemptively sell any or all?
Thanks
CR

Q: For a retired conservative investor:

1. Please rank DOO, ATD, & BYD for safety first and total return second.

2. Please rank PBH & DOL for safety first and total return second.

Thank you

Q: Hi team, I am a retired, income with a bit of growth investor. I have 22 holdings in my portfolio. My general rule of thumb is that a single holding should not be over 5% and a sector no more than 20%. When it comes to ETF's my % are a bit higher. My question is, with the above ETF's in mind could you please tell me what the maximum % you would feel comfortable with holding in a portfolio. eg- I have ZWA at 10%, ZWE 9%, ZWU 9%, with cash at 15.5%. Thanks for your expertise, Bill

Q: Hi Gang

Did you have a look at my last question onTop 15 Canadian companys that pay in US cash

Thanks Mike B

Q: Hi Gang

Can you give me list of Reits and companies that pay in US cash

Thanks Mike B

Q: hi. I am down on CSW, and am thinking of selling and locking in the tax loss, and immediately picking up ADW. do you see more capital gain potential in one versus the other? what do you feel is the better investment now?cheers, chris

Q: Could you comment on this with rates rising