Investment Q&A

Q: I would like to increase my holdings in pipeline stocks. My interest is a combination of dividends and capital gains. Which of the following would give the me the largest return over a 3 + year period - ALA, ENB, IPL, or PPL. My only current pipeline holding is TRP.

Q: Other than TransCanada. would Keystone's approval benefit Interpipeline, Pembina, Enbridge and Altagas and, of so, would it be significant. Who else would benefit?
Thanks.

Q: Please let me know if the following thesis is correct.
1. Interest Rate increases affect Utilities ( and they are likely to rise in the US )
2. Share prices of Cdn Utilities will likely be hit as US interest rates increase especially Enbridge and TRP which rely on massive loans for operations and expansion .
3. With this prospect , Enbridge sits in the model balanced portfolio because you feel it is one of the top utility companies, yet it ( and other pipelines ) will likely be taking a hit when these events occur .
4. I have a full position in this . Should I be be selling or keeping it through December .

Thanks

Q: Someone on BNN said they were SHORTING Enbridge because of their Huge Debt. Should I be worried? If yes, is ENF a better option?

Thank You! Austin

Q: Is the huge Debt an issue? a BNN guest said they were shorting ENB because of that. Would ENF be safer?

Many Thanks!

Q: As a retired income investor, I own TRP (3.7%), ENB (3.5%), ENF (0.7%), PPL (1.7%), IPL (2.8%), ALA (3.7%) representing ~16% of the Canadian investments across all my accounts (registered & unregistered).

I am uncertain whether I should continue to hold all of these because the overall percentage is too high. Keeping in mind that I need income, should I perhaps cut the 16% down to ?? or is it fine to continue with this percentage? Which are your preferred picks for a longterm hold?

Should I rationalize down to 3 or 4 of these names or cut percentages of specific stocks? Do you view any of them as especially risky?

(Canadian banks and telcos represent 24% and 10% respectively of my Canadian investments.)

This may count as another question which is fine:
• Have you any insight into the geographies served by the smaller pipeline companies?
• Is there any likelihood of acquisition/ merger activity between them or with TRP or ENB or ?

Thank you 5i, as always!

Heather

Q: Q3 results have not impressed the market. Or is it $45 WTI?

Q: Would you consider KEY a reasonable buy at today's prices to be held for dividend and some minor growth? Is there another company you would prefer for the same objectives of dividend and growth? Would you prefer KEY to ALA in view of the latter's potential current issues?

Q: Further to today's Q&A from Stephen R. re sector diversification and PPL / TRP, I too have a similar issue with TRP and ENB. I have been (arbitrarily) assigning both of these holdings as half Energy, and half Utility. Could you give me your opinion on this approach. Thanks kindly, T.

Q: I just read a globe and mail article on line about changes in short positions between the 15th and 30th of September. This article shows a short of 100,000,023 which is over 10% of the o/s shares. One, how is this possible and two, how do I find out whether any of my shares are being loaned out for this purpose?

Q: Both of these had small pullbacks. Which of these two looks more attractive? Thanks

Q: with the approval of the pacific northwest LNG pipeline would this benefit ENB or other pipelines more? or are there natural gas stocks close to the pipeline that could benefit when completed?
Thx

Q: Would there be any advantage to owning both these related securities in my taxable account? I already own Enbridge with a low cost base and wondering whether I should leave well enough alone. Thanks.

Q: Could you please advise what the payout ratio is based on free cash flow.

Q: ENB. and TRP: I've owned both for 6 years now; so, my returns on a ACB is very high - however, both are carrying very high debt loads of $50 to $45B on their books. Should I be overly concerned with holding these stocks over the longer term?

Q: I am looking to crystallize gains in PPL, and seeking an alternative in the pipeline/utility sector. I currently own ENB and TRP as well as FTS. What do you recommend for diversification in combination with those three?

Q: What are the US and Canadian companies, that have what they call a wide Moat? What would be your definition and criteria of wide Moat companies?

Q: All things considered, which is the "better" buy at this point ENB or FTS. Does the share price rise in ENB make FTS the better opportunity? I realize there is integration risk with acquisitions for both.
Also, is Loblaw a pretty good "buy" with today's drop?
Thank you.

Q: We depend on dividends for fully half our income. At the moment we have have a full position in TRP and 1/2 positions in IPL and PPL. I'm considering a 1/2 position in ENB for growth and dividend. Is this too much in one sector? And have I missed the ENB boat with all its recent price increases? - Ted

Q: Why would SE be trading 8.5% higher than ENB's offer price? Is the market suggesting another suitor is in play?