Investment Q&A

Q: what would happen to a reit if they said "we are going to stop issuing equity and stop acquiring new properties for the foreseeable future (2,3,4 5 years?). our plan is to now slowly grow our cash flows by paying down debt and existing mortgages".

I'm not opposed reits issuing equity to purchase properties and pursue growth through acquisition. however, I've always wondered if a reit would ever make the decision to simply focus on paying down existing mortgages rather than continually grow through acquisition.

thanks again for your help.

Q: Hi Peter & 5i: Just a follow up on my last question on oil. I like getting income + growth from oil producers so I'm happy to see RPL and WCP added to TBE and LNV in the small producer income space. But if the expectation is that there may be oil price weakness for a quarter or two sometime in the next year or two, I'm wondering how these will do relative to each other, but also relative to larger oil income names like CPG and BTE. If I want to maintain some exposure to this oil income space, which ones might be best able to withstand lower oil prices the longest and be most able to continue their dividend payments in a rocky commodity environment. The oil market may be more global than the natural gas market, but Canadian oil producers don't get WTI, let alone Brent. If there is more oil coming from US soil, I'm concerned that Canadian producers may suffer a more punitive spread from WTI. Thanks again!

Q: Peter...do these guys trak as interest income? SRV.UN ax.un INN.UN PAR.UN TR.UN Is that their only difference to basic dividend paying stocks? any cons here?

thx regards Art

Q: Hi Peter,

Have your views changed on WND after the bid from BEP.UN? Would 2.5 be a new floor or it still poses a lot of downside risk from this point.

Q: What do you think of Sierra Wireless, is it a Buy, Sell or Hold with its current price?

Q: BCE
Hello. As a shareholder of BCE, I would like to know your thoughts on how the abcense of NHL play may affect the stock price and the behavior of institutional share holders(the larger holders of the stock). Thanks for all you offer.

Q: PWT: I understand the advice to wait and see a turnaround before buying in but what would you read into insider buying @10.50 to 11 during Nov? Same is true with insiders at PGF. Could they just be looking for a seasonal "dead cat bounce" in the stock prices or perhaps they know something the rest of us don't. Thanks, Jeff

Q: Just wondered what you & team think of my diversifying some by purchasing a say 27 month debenture paying 6% plus. I have a number of your listed basket of A & B rated holdings, (not more than 5% in each) & thought that I may put say a 3% holding in UUU.DB.A ? Or should I rather add to AW.UN or ATP, or BAD, BPF.UN, BYD.UN, BEP.UN, CUS, CFN, CSU, FCR, LIQ, or PKI, to bring a few of them up to say 5% ?
Thanks in anticipation,
Best wishes for X-Mas,
Paul Newton.

Q: XTC
This Q4 seemed to be a blowout. What was the street consensus on EPS?

thanks,
Sandy

Q: Hello Mr. Hodson.
Quite enjoy this Q&A section.
Do you have any info/news on Iona Energy Inc (INA)?
Cheers - Chris

Q: Hi Peter:

I've got a micro cap for you - Nordex Expolosives - NXX-X -
They recently did a private placement which was over subscribed by 100+ % , in order to grow the business into Central & Southern Ontario as well as modernize their facilities.
Any insights?

Thank you,

Don

Q: RE: CUS

with this low interest environment, why would managment do an equity raise - with the resultant dilution of share holder equity and a resultant increase in cash flow requirements to fund the quarterly dividend - rather than do a fully tax-deductible debenture offering, for example...

thanks

Q: Hi Peter and 5i: Oil commodity – I know there are some significant differences between the North American markets for oil and for nat gas, but I am wondering whether we should expect to see the oil market over the next year or two trace a path similar to the nat gas market's over the past year, with improved techniques for exploiting shale-based resources creating a progression of over-investment, supply glut, price trough, cap-ex cuts and dividend cuts, and an equity market sell-off, before coming back to a more stable and probably intermediate commodity price, as supply and demand come back into balance. The recent buzz about the US having the means to approach supply independence seems to me to fit the scenario, as does the lack of conviction around oil futures over the last several weeks, with the prices flipping back and forth between contango and backwardation a number of times. I'd appreciate any thoughts you may have on this? Thanks!

Q: URI on the NYSE? Receent large acquisition-ergo dominant market share with > pricing power. SP has high rating with a Strong BUY & pr. tg of $60.00 going fwd.. What can you add? Is it a buy for my USD portfolio Peter? Thank you!!

Q: What are your thoughts on Lake Shore Gold (LSG)? Im looking to buy some beat up junior gold stocks due to tax loss selling. Any recommendations? Thanks!

Q: RPL:(TSXV)
Renegade Petroleum Ltd. h
Have they announced the dividend? If not what might be a good guess.
thanks
Yossi

Q: TFSA Question: Please give me 2 or 3 of your current top ranked suggestions for my TFSA. Thanks!

Q: would you please comment on CQE is it a good buy at this level
thanks!

Q: Hi Peter and Team. I've been following USGGBE05:IND chart (US 5-year breakeven) on Bloomberg.com to keep an eye on future US inflation expectations. This ties in with my PM portfolio. They recently withdrew this free chart (now available on Bloomberg Professional Service). Is there an alternative to this that I can use ?? Thanks.

Q: Canexus has accounced that it is taking on $75,000,000 in debt. Is this reason for concern? Is this a buying opportunity? Cheryl