Investment Q&A

Q: Hi Peter & 5i Team,

Considering your reply and (I believe) your view that interest rate rises aren't coming to Canada any time soon (and probably not substantial rises)
>> 5i Research Answer:
>> D.UN is a fairly sizeable REIT at a good valuation. It had a >> good third quarter, with solid occupancy of 92%. The payout >> ratio is fine at 80% and cash flows are supportive of the
>> dividend. We would be fine with a long term hold here.

What would your opinion be for a current, half position, holder considering accumulating more of D.UN (current REITs are 3.5% of overall portfolio). I sense a lot of negative sentiment in the REIT market but I generally have a positive, longer term view.
I'm considering initiating a half position in CSH.UN as well before year end but in no rush to commit to these purchases.

Thanks, I eagerly await your valued opinion.
Mike

Q: Curious on your take of the current market? Although it has been tough over the last year, it does seem like the market is "working", where companies with good execution are rewarded and those with poor execution are punished. Your thoughts?

Q: Is it possible for you to list these stocks in order of risk from highest to lowest?
Thanks for the great service.

Q: my question is... this year these stks and their % in my portforlio which are bin-3% - syz-1% - cxi-3% - aya-1.5% -enb-4% - mda-3% - mg-4% - atd.b-5%... they are under performing the market...would it be sensible to add a % or so to each of these as they will be part of the sector rotation that i hear so much about...i am sitting on enough cash to do this at this time...or should i just hold the positions that i have..your advise has proven very accurate in the past and thank you for a great service..

Q: 12 per cent dividend yield with an fcf payout ratio under 50 per cent so very safe, growing revenue, ebitda and free cash flow, buying back stock. I thought direct cash really delivered. your thoughts. dave

Q: Good morning,
I read your response to the recent GE Election offer to exchange $100USD GE shares for $107.53USD Synchrony Financial shares and given your comment, I will likely retain my GE shares.
This being said and prior to reading your response on the GE Election Offer. I was considering the tendering of my GE shares to benefit from the 7% immediate premium, sell the Synchrony shares at the earliest opportunity to lock in as much of the 7% as possible and then buy back the GE shares at a later date, hopefully at a lower price than I tendered them for. I'm sure that if it was that simple, everyone would be doing this, but I am curious to understand and hear from you why this would not work. Thank you.

Q: Hello,

I am a relatively new member. Love the service. I own a small amount of QHR Corp. I am down about 20%. Your thoughts on this as a long term hold please.

Q: I am down almost 43% in this stock. Would you recommend keeping it or selling for a tax loss. If your recommendation, what energy stock would you recommend buying? Do you think the price of gas is going to improve in the next year?

Q: Hello 5i,

Could you please shed some light on PHM's next earnings release and what are the estimates for revenue & EBITDA? Back in August, there were some talks about 3 or 4 outstanding LOIs, do you have any update on the status of these LOIs?

Thank you

Q: What did you think of Weq's results? Are they going to be able to stay in business? Is debt decreasing? Thanks

Q: Hi, "The MSCI Canada November 2015 Semi‐Annual Index Review results were  announced after the close on Nov. 12/2015 and take effect after the close on Nov. 30/2015.   Additions: EFN, CCL.b, LNR, VII, and SRU.un.  Deletes: POU, BTE, ERF, and TA. " What would be the implied impact for index ETF's (i.e.ishares MSCI Canada etc)in terms of estimated number of CCL.b shares required to be purchased as at Nov/30? Thanks

Q: Hi 5i Team!

What are your thoughts on Walmart (WMT) and American Express (AXP) current valuations? Are they cheap, fair value now or value traps to advoid?

Thanks, Shane

Q: Of the 4 energy companies which one would you say if the safest to add to when considering debt and free cash flow. I am under weight in energy and would like to re-balance. Any insight would be appreciated.

Q: I own two drilling/oil services companies and I down significantly. You think these companies will survive the current oil downturn. Do they have solid balance sheet? Should I sell, hold or add more to bring my per share cost down? Do they still pay any dividend?
Thanks

Q: Would this be a good time to add to a position in atd.b and DH and to initiate a position in enbridge? Is there any reason not to?

Thank you

Q: What is your opinion on TRP in the short term? Should I expect some Tax Loss selling before the end of the year? Jeff

Q: Terrorists attack on Paris is truly tragic. Sadly this may lead to market correction. In today's Globe and Mail (net edition) there is an article by Reuters' Journalists about the possible short term correction and a "short squeeze" taking place in the near term. They don't expect any long term consequences.
What is your opinion and suggestions regarding portfolio management? Buy on this dip or just leave things be and monitor the situation?

Q: What percentage growth (separate from the dividend) would you expect for BEP.UN over the very long term, ie. 10 years plus? Thanks!

Q: Any thoughts on the proposed merger with GTE? Would you take shares of GTE or take the money (loss) and run?

Q: Any thoughts on the delay in reporting. Seems like incredibly bad timing.

Slainte, Irishyork