Investment Q&A

Q: Good morning team,
Could you please give your take on these holdings .. keepers or let go? With the exception of TECK, I am down with the rest. Although they are good companies, they don't seem to have +ve momentum ..
I appreciate your thoughts ?
Thanks
CR

Q: Hi, Telus stock has shed about 8% of its value over past 3 weeks and is trading very close to its 52 weeks low of $25.95, back in January. Is this the " higher interest rates for longer fear " for Telcos/Utilities or, there are business issues specific to Telus. If none, does it male sense to add at these levels for income/growth ?

BCE has also declined by about the same %, during the same period, but is still well above its 52 week low.

Thank You

Q: 1. Do you recommend purchasing these stocks now, and why pls? 2. How much could TRP price drop if the behind schedule Coastal Gaslink project takes even longer to complete?

Q: In response to my earlier question:
Thanks for highlighting that the "Shares Outstanding" hasn't gone up a lot in the last decade.
I am looking at the data provided from gurufocus and their numbers for "Outstanding Shares" match with what you mentioned in the earlier answer.
But when I look at "Common Stock" it has been doubled in the last decade period. It remained flat until 2019 at 5660 mil and jumped to 11399 mil by end of 2022. Do you think this is because of the split in 2020?
Can you please clarify the difference between "common stock" (which doubled in last few years) and "shares outstanding" (which somewhat remained steady in the same period)?
Should I not look at "common stock" while looking at a company's balance sheet.
Thanks again for addressing my concern.

Q: I usually look at EPS, company debt, payout ratio and their # of common stocks while reviewing a company financials.
How would you justify Telus's 135% payout ratio ?
Company earned 1.22 (2021) and 1.15 (2022) and paid dividend of 1.27 (2021) and 1.36 (2022)
Long term debt is increasing and they have almost doubled their common stocks in last few years. All leads me to believe there may not be much growth in terms of the stock price in next 2-3 years.
Their cash flow doesn't looks sufficient to cover their dividend unless I am missing something here.
Thank you for your guidance.

Q: What is the best metric(s) to use to value Telus, and how does that / those metrics compare to the past historic range(s) ? If it is P/E, then I find it hard to justify buying today at what appears to be approximately 24X.

Q: What's your current view on Telus? The stock hasn't done much and going down. There is likely increased competition from Rogers/Shaw merger. I also hold BCE and wondering if its time to move from Telus to another opportunity.

Q: Hi Peter, Ryan, and Team,

Lately, Telus is under-performing Bell by quite a lot. On days when both stock prices are increasing, BCE goes up by a greater percentage than T, and conversely, when there's a decline, BCE declines less. We own both in our combined accounts, and Portfolio Analytics indicates that our Communication Services sector should be increased. If we wish to do this, is BCE the safer stock?

Also, is there something going on here that is causing this under-performance of Telus?

Thanks as always for your sage advice.

Q: I am looking to initiate a position in Canadian Telecoms and noticed that only BCE is present in your Income portfolio (4.5 %). Nothing in Balance or Growth. No Telsus either. Could you elaborate your reasoning please.

Q: Please comment impact of Rogers-Shaw deal on T What is good entry point for T ?Is it ok to buy T in this market conditions?Thanks for U usual great serives & views.

Q: Do you think that the Canadian Internet providers are at risk of being disrupted by Starlink? Have the Telcos addressed this issue to the investment community and explained their strategy to deal with this challenge?

Thanks.

Q: Many companies have become addicted to low interest rates over the last decade. Assuming that interest rates stay where they are for years to come (a rate once considered somewhat "normal"), do you see any problem with any of these blue chip stocks maintaining their dividend ? I'm sure over the course of the next 5 years or so some of these companies will need to renew debt at higher rates.

Q: Non registered account : I sold a majority of stocks in 2022-2023 in order to convert them into a diversified dividend ETFs portfolio.I though intend to only keep" safe stocks for long term".Please could you rank them in this "safety perspective" , a "hold,buy, or sell" comment would be greatly appreciated,considering the fact that in this case,selling a stock would result in "buying an ETF in the same sector" .Many Thanks for your excellent website ,J-Y

Q: In which order would you initiate buys on these stocks? Do you like all three? I’m looking for a little growth and good dividend yield.

Q: This question concerns a well diversified Canadian portfolio (~30 holdings), focused slightly toward growth.

Looking to add to positions in ATZ, DOO, BN, BAM, GSY, KXS, TRI, PBH and T as well as initiate a partial position in WELL, all for long term holds (5+ years).

Would you rate any of these as a wait-and-see rather than a buy today? Please rate (1-10) in terms of your conviction to buy today, along with suggested target buy range [great, okay].

Thank you.

Q: I've dithered and let my position in Shaw run. To get prepared for the takeover, I'm thinking of moving in Bell, Telus and Sunlife in equal weightings. Looking for safety and dividends, any better ideas?

thanks in advance for the help,
Andrew

Q: I AM TECH HEAVY AND WANT TO REBALANCE MY PORTFOLIO. WOULD YOU PLEASE SUGGEST TWO CANADIAN AND TWO US STOCKS IN EACH OF THE FOLLOWING SECTORS. CONSUMER DISCRETIONARY, CONSUMER STAPLES, MATERIALS AND COMMUNICATIONS. I HAVE BEEN A MEMBER SINCE DAY ONE OF 5I AND RATE YOU THE BEST OF THE SIX NEWSLETTERS I SUBSCRIBE TOO. THANKS FOR THE GREAT WORK AND TAKE AS MANY CREDITS AS NEEDED.

Q: I hold both of these. Is it necessary? Do they overlap? Which would you recommend if only owning one? Which do you think will do better over 5-10 yrs including dividends?
thanks
michele

Q: I have BCE and T for Canada. VZ for USA. What additional telecom stock(s) would you recommend to round off this sector?
Thank you,
Roger

Q: May I have your thoughts and today's earnings release and forward guidance? Also comment on your opinion as to buy, hold or sell.

Thx.