Investment Q&A

Q: Re: Retirement decumulation strategies.
Fredrick Vettese has several good books on the subject, including "Retirement income for life".
Selling shares in a total return portfolio to create income is an option seldom talked about.
Cheers

Q: Hi, Would you have any thoughts on how HPS.a stock traded today, touching an all time high of $96.75 at the open and then reverse course to close 5% down from previous day's close, with momentum on the downside, for most part of the day ? This, of course, followed stock price going up almost everyday in a straight line for past couple of months.

Does it indicate a near term term Top in the stock ( at least between now and the results in early March ) ? Also, do you think, it could simply be profit taking after an incredible 300% run over past 12 months, and there has been no adverse or material change, specific to the company and the industry ( demand related to transformers/electrification/grids , competition etc). Noted that company weight was bumped up to 3%, in your model Portfolio, last week, so 5i, likely has strong conviction in Hammond Power and comfort at current levels. Thank You

Q: Thoughts on the quarter and would you be a buyer here? Interesting reaction to the earnings though- it was up in AH trading but is basically unchanged now. Is it too expensive?

Q: In 6/23,EIF did a $100m Bought Deal @ $52.25.Since then it has gone south to close today at $45.62.So far,no usual Jan.bounce. Is it timely to add/buy? Will it returns to the above $52.25.Thanks for U usual great views & advices A comment on Doo.In 5/22,closed a Dutch Auction for some 2.4 m shares at $103. per share.And now Bains its biggest sharehoder is selling 2m shares @ $91 on a Bought Deal basis

Q: Can I please get your view of Benjamin Hill Mining (BNN). Buy or wait it out?

Q: Hi Peter and Staff

Many times when you are asked for a good dividend stock for a long term hold QSR makes the cut. Today Marco asked for top 5 consumer discretionary names, it did not make that cut while AW.UN and PLC did. Do you view QSR less positively than those names?
Thanks for all you do
Dennis

Q: Could give an update opinion on this one-not doing well ?

Q: Hi. As the stock is down 10% as I write this, can I assume their results were less than stellar?

Q: Hi Peter and Staff

Yesterday Marco asked for your top 5 consumer discretionary names going forward. I was a bit surprised to see PLC in the top 5 while MG(shown as consumer discretionary in your company details) was not. Do you view MG less favorably than the 5 suggested names?

Thanks and have a great day
Dennis

Q: To minimize taxation, would you recommend holding FIH.U in a registered or an unregistered account? It appears to be a limited partnership but pays no dividend at this time and would only be subject to capital gains tax. There could always be special distributions in the future.
Thanks!

Q: Could you please provide your general impressions of Chesswood Group Limited's review of strategic alternatives announcement? The review completion deadline of March 31, 2024 mentioned in the press release is not too far away. Thank You

Q: This has been a long term hold in as RRIP account with a DRIP, The book cost is close to the current market value. Enjoyed the dividends over the years. Is it time to move on. Look forward to your answer.

Q: Last year, Nuvei acquired Paya for $1.3 B. After a year, could you tell if it was a good transaction. Was it the right decision by the management at that time?

Thanks

Q: I am looking for other canadian residential reits to buy with my funds from selling TCN. I think with interest rates topping out and very possibly declining later this year, reits are a very good, safe place to invest. Can you suggest any other canadian residential reits that have good upside from here and give a decent dividend? I am thinking of ERE as well as HOM. Any comments?

Q: Hello 5i Team

My understanding is all (12 issues) of the Brookfield Office Property Preferred shares (BPO) were removed from the S&P TSX Preferred Share Index (TXPR) effective Friday January 18 (the quarterly rebalancing date). My understanding is the BPO shares were removed because S&P downgraded them to P-4 on December 21, 2023.

However I can find no mention of this re-balancing event on the S&P website or other news sources. I have previously seen new releases from S&P when companies are added/removed from the S&P TSX 60 and S&P TSX Composite index.

After reviewing the holdings listing for the CPD etf (which tracks TXPR), the BPO shares are now removed.

Is there any other news sources I should be monitoring? This seems to be a material event that S&P did not disclose?

Thanks

Q: We own the above in our non registered portfolio. Please advise the average 5 year return on each of them.

Q: Hello, Looks like Hammond Power will be added to S&P Canadian Dividend Aristocrats Index, soon. Sounds like good news for investors !! Do you see any material impact on trading and share price, due to demand from ETF;s and MF's ? Thanks

Wed, January 24, 2024 at 5:15 p.m. EST

TORONTO, Jan. 24, 2024 /CNW/ - S&P Dow Jones Indices announces the following index changes as a result of the annual S&P/TSX Canadian Dividend Aristocrats Index review. These changes will be effective prior to the open of trading on Thursday, February 1, 2024.

S&P/TSX Canadian Dividend Aristocrats Index – February 1, 2024



Symbol

COMPANY

ADDED

HPS.A

Hammond Power Solutions Inc

Q: Hi.
I have a stock that I am wanting to sell that’s underwater. In order to make some income on the sale. Was thinking Sell call option. Can you explain the steps to execute this type of option strategy?

Also interested in steps to “Selling Puts” to buy equities.

Have been reading and watching videos on the strategies found them confusing (all the alternative strategies available) just want basic steps.
Thank you
H

Q: Hello 5i,
I own the following in a non registered account: SHOP TTD GSY HPS NVDA WELL KXS. I'm thinking of adding SCMI VRT AMD.
Could rank these ten stocks for growth over the next two-three years for an above average risk tolerance.
Thanks
Dave

Q: Gentlemen:
In previous questions you thought that on a cash flow basis the above reit was too expensive and too small. What is your present assessment? Does this version of it pay distributions in Canadian or US currency? Any other suggestions.
Thanks, Ben.