Q: I would appreciate your opinion as to which company Baytex ( Bte ) or Brookfield (bep.un ) is safer for sustaining and growing its dividend in 2014 and for stock appreciation. Thank You Rick
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: My question is about bep.un. Another member has also asked you a question about it today.
The National Bank Market Q internet site indicates also weak earning P/E of 244 and 669 for the Dividend/Earning ratio.
BRF preferred shares are getting hammered. The BRF/PF offered April 24,2013 are now yieldind 6.68% and their earning coverage ratio is only 0.7 time.
Same situation for BAM/PN and BAM/PM while those of Brookfield Office such as BPO/PH have remained relatively stable during the same time period.
Would it be safe to buy the BRF and BAM preferred shares for their high yield?
Regards
The National Bank Market Q internet site indicates also weak earning P/E of 244 and 669 for the Dividend/Earning ratio.
BRF preferred shares are getting hammered. The BRF/PF offered April 24,2013 are now yieldind 6.68% and their earning coverage ratio is only 0.7 time.
Same situation for BAM/PN and BAM/PM while those of Brookfield Office such as BPO/PH have remained relatively stable during the same time period.
Would it be safe to buy the BRF and BAM preferred shares for their high yield?
Regards
Q: Good morning.
I own shares in Brookfield Asset Management (rated Pdf2 low) and Brookfield Renewable Energy (rated Pdf3 high) perpetual preferred shares (BAM.PF.C & BRF.PR.F). These shares are trading at deeper discounts than other company preferred shares with the same ratings.
May I have your opinion regarding the Brookfield and the Brookfield Renewable credit ratings and can you think of any reason why the subject shares trade at a deeper discount to the others?
Many thanks in advance for your consideration and time.
I own shares in Brookfield Asset Management (rated Pdf2 low) and Brookfield Renewable Energy (rated Pdf3 high) perpetual preferred shares (BAM.PF.C & BRF.PR.F). These shares are trading at deeper discounts than other company preferred shares with the same ratings.
May I have your opinion regarding the Brookfield and the Brookfield Renewable credit ratings and can you think of any reason why the subject shares trade at a deeper discount to the others?
Many thanks in advance for your consideration and time.
Q: Peter, my question is on Brookfield Renewable. As an A rated company I have bought it on and off for the last two and a half years.Not counting dividends my share average price is down 6%. Do you expect the share price to rise a lot over the next years, to rate such a high rating? I now have a considerable amount in BEP. Thanks Ken
Q: I have a question about Brookfield Renewable Energy LP.
I have owned BEP.UN long enough to have done fairly well with it. However, Vectorvest shows BEP.UN's earnings as fairly flat and low, give it a lower safety rating, and a '0' dividend rating.
Any thoughts as to why they are bearish and you are still bullish on the firm?
Thanks
I have owned BEP.UN long enough to have done fairly well with it. However, Vectorvest shows BEP.UN's earnings as fairly flat and low, give it a lower safety rating, and a '0' dividend rating.
Any thoughts as to why they are bearish and you are still bullish on the firm?
Thanks
Q: I've held BEP.UN since 2009 when it was Great Lakes Power. It has been a near double since purchase at $15 and the dividends have been excellent too, but I see in your response to an earlier question that you feel it is a purchase for income only, not gains; do you not feel it has a potential to near double once again over a number of years, even, say ten years, which would still be a first class return for a, hopefully, low risk equity? Thanks, J.
Q: Can you please tell me more about BEP-UN and what your outlook is for this stock? Do you still think it deserves an A rating?
Q: Hi Peter:
I have some BRF.PR.E (Brookfield Renew). Stock down 7% from my purchase. Please let me know what hold & exit I should plan. Is it callable? When?
Thanks
I have some BRF.PR.E (Brookfield Renew). Stock down 7% from my purchase. Please let me know what hold & exit I should plan. Is it callable? When?
Thanks
Q: Thanks for all your great advice! Should I keep my BRF.PR.F - Brookfield Renewable preferred shares? They have gone down over 20% this year.
Thanks
Thanks
Q: I have a question about Brookfield Renewable Energy LP
How does Brookfield consistently pay out more in dividends than EPS? Does this concern you?
How does Brookfield consistently pay out more in dividends than EPS? Does this concern you?
Q: I'm looking for a long term investment, moderate growth (10% annually), good yield (5%ish). I notice you've increased your stakes in BEP and I wonder why you chose it over Transalta? Would either be a good choice for me?
Q: Hi Peter and 5i
BEP.UN down today on acquisition news. Doesn't look like issuing shares so is this an over reaction and improved buying opp?
Thanks, Greg
BEP.UN down today on acquisition news. Doesn't look like issuing shares so is this an over reaction and improved buying opp?
Thanks, Greg
Q: Is BEP.UN-T a hold buy or sell?.Thanks for your excellent service.
Q: How sensitive is BEP.UN to rising interest rates? Can you quantify sensitivity in some way? Is it more or less sensitive than a REIT?
Thanks so much!
Tim
Thanks so much!
Tim
Q: Hi 5I
I was just reading an article regarding how Kinder Morgan may be overstating their cash flow, and hence their stock could be overvalued due to not allocating enough money to maintenance on their pipes, which got me wondering about companies like Brookfield Renewable Energy and how their costs could skyrocket from natural weather disasters.
Thanks Gord
I was just reading an article regarding how Kinder Morgan may be overstating their cash flow, and hence their stock could be overvalued due to not allocating enough money to maintenance on their pipes, which got me wondering about companies like Brookfield Renewable Energy and how their costs could skyrocket from natural weather disasters.
Thanks Gord
Q: My question is on Limited Partnerships. I only one one and I am interested in taking a postilion in another. The one I own is Suburban Propane Partners LP SPH. It pays a good dividend but I am taxed a non resident 35% withholding tax on it. Does all US traded LPs charged that withholding tax on dividends for Canadian residents? I would like to take a position in BEP.UN and is wondering if there will be a withholding tax on the dividend since it is a Limited partnership? I am assuming any LPs on the TSE will not have a withholding tax for Canadians. Can you confirm or correct me?
Q: Hi 5i,
With regards to BEP.UN, it seems to be a good buying opportunity with the recent pullback. I'm wondering though, on their balance sheet they have $933 mil in current liabilities and $682 mil in current assets, giving them a current ratio below 1. Does this concern you at all? Why or why not? Thanks!
With regards to BEP.UN, it seems to be a good buying opportunity with the recent pullback. I'm wondering though, on their balance sheet they have $933 mil in current liabilities and $682 mil in current assets, giving them a current ratio below 1. Does this concern you at all? Why or why not? Thanks!
Q: Re Bep.un.
RBC has made a pretty strong statement this AM re the outlook for this co. The reference is to little growth, and more problems. What is your opinion now Peter and good crew.
RBC has made a pretty strong statement this AM re the outlook for this co. The reference is to little growth, and more problems. What is your opinion now Peter and good crew.
Q: This is further to one of your recent answers regarding BEP.UN. I was wondering if you could describe at a high level the "significant, fairly unique charges" against earnings that you referenced, and that BEP.UN experiences as a result of being a limited partnership. From the recent financials, there do not appear to be any extraordinary, one-time items - so I am assuming that these unique charges are ongoing and a routine part of the business. I do find the financials for BEP.UN to be more difficult to understand than others.
Q: Brookfield Renewable Energy [BEP.UN] I had a 5% weighting until the price drop of the last month or so. It's now down to 4%. Would you recommend holding here or moving back up to the 5% weight through purchasing more?
Thanks,
Ron
Thanks,
Ron