Investment Q&A

Q: Good Morning,

I Hold CJR.B,CHE.UN,PZA, and BAM.A and each has weight of 5% in my portfolio. Which one of these are interest sensitive and should I continue to hold them or which one should I get rid?

Except for PZA I am all under water in each one of them. PZA has been going down since the bought deal. Usually a bought deal is there to buy another company and not for operational purposes since it dilutes the share earnings. What do you think this bought deal will be use for?

Tahnks
Paul

Q: Hello Peter & Co,
What is your take on Sun Life's all cash acquisition of Bentall Kennedy? I understand that they already have a 10-year working partnership (they must know each other)
Thanks,
Antoine

Q: Any new research on FirstService (FSV-T) commenting on Colliers Int'l spin off??

Q: Now that the details have been disclosed what is your thoughts on current valuations and entry points?

Thank you Jason N.

Q: A while back I had bought 100 shares of LPG : NYSE. I had asked a question about it at the time but your team could not comment on it as they did not know anything about it. Currently it is trading at $15.16 a share. I wondering if your team has since looked at it and if so what are your thoughts on it, thank-you for your time.

Q: Hello Peter & Co,
I like the Brookfield family of stocks
I own BPI and BEP from way back when
Do I buy BPY while I also hold FSV,CIG and TCN?
I'd like to buy BAM; should I? I hold TD,BNS,SLF,EFN and CXI (financials)
Thanks
Antoine

Q: I just noticed that Enghouse is to be included in the TSX Composite Index and the Dividend index. (I think those are the correct terms)

First, what exactly are these indexes? Does getting listed on these say anything about the company itself? What are the criteria for getting put there?

I know that this can result in an increase in buying/selling as various indexes and funds buy the stock to fulfil mandates. What I don't know is how valuable or important it is to the company and/or investors. Does it speak to financial strength, ability to get loans or raise capital or is it just the result of a mathematical calculation?

Thanks for the insight.

Paul F.

Q: I know you limit your analysis of US companies, but do you have any thoughts on Versartis?

Thanks.

Q: Hi there,

Any ideas as to what Goldcorp may be doing with all the raised as of late, and the money raised with the sale of Tahoe? Just paying down debt? Are there any companies on their radar? If so, which ones would be logical fits with their plans in your experience?

Thanks,

Arturo

Q: Is there any news on this stock? It has been going down almost every day for the last one month. Is it worth holding?
Thanks

Q: Hi, would you still rate this stock as A-? Seems to be on a steady decline for a year. I have an opportunity to add more to bring back to a full position, would you recommend I do this now or wait longer?

Q: WSP is been deleted from the TSX Comp. high yeld dividend index,while WTE is been added,what is the criteria used by TSX in order to justify the swith ?

Thank You to the whole 5I team.

Q: Hi Team

IGM is more of a financial company and GWO is really an insurance company, yet both are really owned by power PWF OR POW.

I have a long term buy and hold blue chip dividend investor philosophy.

Safety-wise which one would hold up better in rising interest rate environment
What else should I consider before buying...
Is one of them a better value buy right now ?

thanks

Ernie

Q: Any thoughts on Eurobank -Fairfax owns 13%-Wilbur ross also involved .Understand this consortium has well over a billion dollars invested which is about the current mkt cap . at prices much higher than current -37 cents versus current pricing around 7 cents . So does it make any sense to follow these savvy players ???????

Q: These stocks have been falling lately, HCG in particular. What is your current recommendations on them. Is there a chance of recovery for HCG or should I cut my loss and get out. Thank you.

Q: IF A GREXIT COMES ABOUT I THINK THERE COULD BE SOME SHORT TERM BUYING AND SELLING OPPORTUNITIES AS WELL AS ON OPPORTUNITY TO REBALANCE YOUR PORTFOLIO IF YOU HAVE SOME CASH. I WOULD APPRECIATE IT IF YOU COULD LET ME KNOW YOUR THOUGHTS ON WHAT WILL HAPPEN TO INVSESTMENTS IN THE FOLLOWING AREA IMMEDIATELY AFTER GREXIT HAPPENS (I KNOW THIS DATE IS OBVIOUSLY A PERSONAL DECISSION):
GOLD
CANADIAN MID-CAP COMPANIES
CANADIAN SMALL CAP COMPANIES
TECHNOLOGY COMPANIES
FINANCIAL INSTITUTIONS
THANKS FOR ALL YOUR GREAT ADVICE IN THE PAST.
MIKE

Q: Hi,
It's been awhile since there has been a question on NML, I know it has likely been forgotten. I find it disturbing that Tata Steel can continue making cash calls to NML which NML can't answer which dilutes their interest in the DSO. How is it possible that Tata can alter the scope of the DSO which increases Capex significantly and NML is legally bound to this? These changes were not included in the original agreement and has greatly altered the cost and the time line of the project. I have requested the original documents but they will not release them to shareholders which I also find incredible. Any thoughts? What is the future for NML? Thank-you.

Q: Hi, do you think the stock represent good value here, with the recent pullback in the stock.

Q: Hello all at 5i and thank you so much for this forum.
I am grappling a bit with the concept of reaching for yield. What is a healthy stretch vs an unhealthy or perhaps irresponsible overextension?
I am retired, no pension and rely on my investments for my income. I am very comfortable with 4 to 4.5% from dividends, distributions etc. My portfolios are made up of approx. 15% fixed income (etf's) and 85% equities. I am comfortable for the most part with this division as well as overall diversification.
Some of my portfolio anchors, gwo, slf, kbl, sj, stn, fts, sap, dh, t, td, bns etc have dividends below this level. Other like esl, dsg, aya dhx.d, have tiny or no yield but are intended for growth to purchase future income.
I also hold companies like vnr, win, che.un, eif, mkp, rus, wcp with a higher yield to bring the portfolio yield up toward my target range.
Today you replied regarding d.un 8.9% and cuf.un 8.2% yield - “We would consider both buyable within the context of the REIT sector. Their valuations largely reflect rate concerns already. Distributions are quite secure. We think the sector will relax a bit once rates do move up: we do not expect a big increase in rates, and the market is good at anticipating. Like last year, we think investors will eventually reconsider the sector's merits.”
My question is how do you determine a healthy stretch vs over extension for yield? What do you think of my plan and could you provide a few names that I can consider to bring portfolio income up to my target 4 to 4.5% range. I apologize for so many words
Thank you very much,
Brian

Q: CNR appears to be trading at a discount price. Do you agree? What would you think of me adding this stock to my portfolio that more or less replicates your balanced equity portfolio? If I were to replace one of your suggested stocks for CNR which one would you recommend I change? Also can you comment on holding railway stocks in general now and if Canadian Pacific would be a better pick than CNR. Thanks for all you do. You are awesome!