Investment Q&A

Q: Analysts are estimating ATD.B's 2022 YE results for earnings growth to be flat, 2023 EPS to grow 5%, then EPS to grow at 8.5% for the next 5 subsequent years. I use a Stock Selection Guide to estimate the annual return for the next 5 years assuming these growth rates and it comes in at about 8% including the dividend. Doesn't seem like a high enough return to warrant purchase at the current price. What are your thoughts on this?
I assume analysts get their estimates from the forecasts of ATD.B, yet I was unable to locate any company forecasts/outlook in press releases or annual reports.
Have you come across any company forecasts in your research?
Thank you.

Upvote 0

Read Answer Asked by John on November 02, 2021

Q: Is there a summary of Canadian Closed end funds that is available to view? Years ago, Financial Post carried a daily summary of this sector, but I cannot find that anymore.

Upvote 0

Read Answer Asked by Richard on November 02, 2021

• Athabasca Oil Corporation (ATH $5.68)
  • $5.68 P/E (TTM): 6.59X Cap: $2.85B
  • View ATH Profile
  • View Questions on ATH

Q: Following up on a question from Jerry the other day, with 75% of their production hedged, would the Athabasca share price become more predictable and less influenced by the prevailing price of oil? And if so, can you suggest what price of the shares might come to? Thank you for your excellent service.

Upvote 0

Read Answer Asked by Leonard on November 02, 2021

• Aecon Group Inc. (ARE $20.38)
  • $20.38 Cap: $1.30B
  • View ARE Profile
  • View Questions on ARE

Q: Do you find their disclosure in their latest earnings report of the issues surrounding the Coastal GasLink Pipeline project as concerning as apparently the market seems to?

Upvote 0

Read Answer Asked by Peter on November 02, 2021

• Bank of Nova Scotia (The) (BNS $78.22)
  • $78.22 P/E (TTM): 16.29X Cap: $97.16B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Sun Life Financial Inc. (SLF $80.21)
  • $80.21 P/E (TTM): 14.51X Cap: $45.59B
  • View SLF Profile
  • View Questions on SLF
  • View Reports on SLF
• Thomson Reuters Corporation (TRI $231.86)
  • $231.86 P/E (TTM): 35.64X Cap: $104.49B
  • View TRI Profile
  • View Questions on TRI
• Fortis Inc. (FTS $50.73)
  • $50.73 P/E (TTM): 20.48X Cap: $25.54B
  • View FTS Profile
  • View Questions on FTS
• Brookfield Renewable Corporation Class A Exchangeable Subordinate Voting Shares (BEPC $45.55)
  • $45.55 Cap: $17.04B
  • View BEPC Profile
  • View Questions on BEPC

Q: I am mainly an income investor, looking for a dividend stock with preservation of capital being reasonably secure. Please a few suggestions would be appreciated.

Upvote 0

Read Answer Asked by Scott on November 02, 2021

• Brookfield Renewable Partners L.P. (BEP.UN $33.56)
  • $33.56 Cap: $22.07B
  • View BEP.UN Profile
  • View Questions on BEP.UN
  • View Reports on BEP.UN

Q: After looking at page 27 of the Q2 2021 Supplemental, would you use the Basic income (loss) per LP unit , in comparison to Normalized Funds From Operation per Unit, to determine the value it trades at, similar to how REITS are valued.?
I noticed a Loss of .13cents per unit, and normalized FFO of 0.53 cents per unit.
Thanks

Upvote 0

Read Answer Asked by Gordon on November 02, 2021

Q: Hi Peter
I have this company in my US portfolio RIF. Can I have your analysis of it . They seem to have reported good earnings but fell like a stone .in this space ,is this your favourite company? Fiserv was bought for me by my very conservative portfolio manager .any info you can give me would be most appreciated

Upvote 0

Read Answer Asked by Candi on November 02, 2021

• Thomson Reuters Corporation (TRI $231.86)
  • $231.86 P/E (TTM): 35.64X Cap: $104.49B
  • View TRI Profile
  • View Questions on TRI

Q: How sensitive do you think TRI will be to higher interest rates if those transpire?

Upvote 0

Read Answer Asked by JAMES on November 02, 2021

• SPDR S&P 500 ETF Trust (SPY $644.95)
  • $644.95 P/E (TTM): 57.48X Cap: $660B
  • View SPY Profile
  • View Questions on SPY
• Liberty All-Star Equity Fund (USA $6.63)
  • $6.63 P/E (TTM): 22.53X Cap: $1.79B
  • View USA Profile
  • View Questions on USA

Q: greetings - as i move into retirement i have been taking a hard look at some of my portfolio. I inherited this stock many years ago and really haven't look at it too hard because of the nice US dividend. I need both us and cdn income in retirement. Given the high dividend how much risk is there. What are the downsides of continuing to own?

Thanks

Upvote 0

Read Answer Asked by kelly on November 02, 2021

• Bank of Nova Scotia (The) (BNS $78.22)
  • $78.22 P/E (TTM): 16.29X Cap: $97.16B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Sun Life Financial Inc. (SLF $80.21)
  • $80.21 P/E (TTM): 14.51X Cap: $45.59B
  • View SLF Profile
  • View Questions on SLF
  • View Reports on SLF
• Magna International Inc. (MG $61.77)
  • $61.77 P/E (TTM): 10.35X Cap: $17.47B
  • View MG Profile
  • View Questions on MG
  • View Reports on MG
• Thomson Reuters Corporation (TRI $231.86)
  • $231.86 P/E (TTM): 35.64X Cap: $104.49B
  • View TRI Profile
  • View Questions on TRI
• goeasy Ltd. (GSY $207.29)
  • $207.29 P/E (TTM): 12.62X Cap: $3.33B
  • View GSY Profile
  • View Questions on GSY
  • View Reports on GSY
• Global X Active Canadian Dividend ETF (HAL $23.37)
  • $23.37 P/E (TTM): 10.42X Cap: $118M
  • View HAL Profile
  • View Questions on HAL
• iShares Canadian Select Dividend Index ETF (XDV $34.79)
  • $34.79 P/E (TTM): 18.66X Cap: $1.87B
  • View XDV Profile
  • View Questions on XDV
• iShares S&P/TSX Canadian Dividend Aristocrats Index ETF (CDZ $38.65)
  • $38.65 P/E (TTM): 5.71X Cap: $1B
  • View CDZ Profile
  • View Questions on CDZ
• iShares Core MSCI Canadian Quality Dividend Index ETF (XDIV $32.68)
  • $32.68 P/E (TTM): 3.19X Cap: $2.61B
  • View XDIV Profile
  • View Questions on XDIV

Q: Please name half dozen of your top choices for an income portfolio.

Upvote 0

Read Answer Asked by Roy on November 02, 2021

• Nevada Copper Corp. (NCU $0.03)
  • $0.03 Cap: $42M
  • View NCU Profile
  • View Questions on NCU

Q: I am looking for a copper play. What happened to NCU? Is the drop in SP due more to issues with the company or the drop in commodity price? Would this be a worthwhile company to add although maybe riskier?

Upvote 0

Read Answer Asked by Henry on November 02, 2021

• Home Capital Group Inc. (HCG $44.26)
  • $44.26 P/E (TTM): 9.39X Cap: $1.69B
  • View HCG Profile
  • View Questions on HCG
  • View Reports on HCG

Q: HCG has survived and appears to be doing well. Do you like it or can you suggest others that you would prefer.
Can we expect them to start a dividend.
Please look into your crystal ball.
PB

Upvote 0

Read Answer Asked by Peter on November 02, 2021

Q: Hi 5i,
I'm not sure this is an appropriate question to ask but, here goes.
I was considering purchasing AMT for my TFSA and NonReg accounts.
Can you help explain the taxation issues I need to be aware of for each account. (capital gains and losses, distributions, dividends etc.
I understand that the taxation issues for a US REIT may be different from a US stock.
Thanks

Upvote 0

Read Answer Asked by Ian on November 02, 2021

• Medtronic plc. (MDT $91.98)
  • $91.98 P/E (TTM): 25.51X Cap: $119.04B
  • View MDT Profile
  • View Questions on MDT

Q: I have a 2/3 position in MDT whose share price has fallen much more than I expected due to a product recall. Was the said recall bad enough to warrant such a drop? I am tempted to top up my position. I hesitate, thinking there must be some bad news out there that I am unaware of. Is there?

MDT seems to have high trailing P/E probably due to elective surgery being postponed. Do you have the following: PEG; fwd P/E; ROE; ROCI ?

I also wonder if my views towards MDT are biased because I see it on the AAII dividend model portfolio; on a BAC top picks (issued a couple of weeks ago); and because it seems to have been a reasonably good dividend grower.

Upvote 0

Read Answer Asked by Adam on November 02, 2021

Q: Any beaten down stocks that are in that state due to tax-loss selling that you'd be interested in at this time?

Upvote 0

Read Answer Asked by Danielle on November 02, 2021

• Parex Resources Inc. (PXT $15.97)
  • $15.97 P/E (TTM): 9.24X Cap: $1.56B
  • View PXT Profile
  • View Questions on PXT
• Tamarack Valley Energy Ltd. (TVE $5.30)
  • $5.30 P/E (TTM): 11.47X Cap: $2.68B
  • View TVE Profile
  • View Questions on TVE

Q: For energy exposure for the next 2 yrs or so which would you choose? Or, would you buy both? The other “conventional” energy names held are SU (recent) and VET (long time sufferer).

Thank you.

Upvote 0

Read Answer Asked by Tony on November 01, 2021

• Canada Nickel Company Inc. (CNC $0.81)
  • $0.81 Cap: $174M
  • View CNC Profile
  • View Questions on CNC

Q: What are your thoughts on the latest drilling results? For a long term high risk tolerance investor. What do you think about the future for CNC. Do you have a better suggestion for someone wanting exposure to ethical nickle ?

Upvote 0

Read Answer Asked by Richard on November 01, 2021

• George Weston Limited 5.80% Preferred Shares Series 1 (WN.PR.A $25.51)
  • $25.51 P/E (TTM): 33.92X Cap: $33.98B
  • View WN.PR.A Profile
  • View Questions on WN.PR.A

Q: just a follow up to your answer to cory. These preferreds have come off their premium lately. Wondering if there is an announcement of redemption that i have have missed. they have been out there for a long time!

Upvote 0

Read Answer Asked by kelly on November 01, 2021

• Equinox Gold Corp. (EQX $10.80)
  • $10.80 P/E (TTM): 10.31X Cap: $4.92B
  • View EQX Profile
  • View Questions on EQX
• Skeena Resources Limited (SKE $21.66)
  • $21.66 Cap: $2.48B
  • View SKE Profile
  • View Questions on SKE

Q: What are your thoughts on the above two companies comoaired to their peers?

I own eqx and someone told me about SKE because of its supposed quality and cost production. But if I'm not mistaken it's just one mine? Do you happen to know how much gold they actually have to mine, mining life?

Thanks for the great service. If you have better recommendations please list them. I'm a long term holder and high risk tolerance.

Upvote 0

Read Answer Asked by Richard on November 01, 2021

• Suncor Energy Inc. (SU $53.86)
  • $53.86 P/E (TTM): 11.48X Cap: $65.34B
  • View SU Profile
  • View Questions on SU
• Whitecap Resources Inc. (WCP $10.17)
  • $10.17 P/E (TTM): 6.9X Cap: $12.52B
  • View WCP Profile
  • View Questions on WCP

Q: hi 5i the fed is going to stop subsidizing the oil patch what will that mean to the pricing of these stocks.thanks brian w

Upvote 0

Read Answer Asked by brian on November 01, 2021