Investment Q&A

Q: Looking at purchasing either Northland Power or Alta Gas. Thoughts on both please in regards to total longer term return over next 3 years. Like both? Neither? One of them?

Q: Hello 5i
Happy New Year!

I am looking to move cash from savings into a higher ROI investment yet not add very much market risk. With Savings offering 1.5%, I feel with a small amount of risk uptick an investor should be able to increase return.
An example of one selection as likely candidate, I have been looking at PPL.PR.K - rate reset 2021, minimum 5.75%. current yield @ 5.47%
Would you think BCE, EMA, KBL and/or ALA.R suit this consideration.

Would you please offer a few ideas for this ROI Upgrade that may be suitable for this effort?
While I am aware any desire to increase in return will drive an increase in risk and one needs to be careful to not reach too far for yield, what additional comments or thoughts would you have for this type of investment move?

Thanks for your excellent service.
Dave

Q: These receipts were issued at $31 and are now trading around $29, if the deal with WGL doesn't go close you get your $31 back. If it does close you get a share of ALA 1 for 1 for $31, in the meantime you get the same dividend as ALA which they just increased. What's the downside if any. The deal is supposed to close approx. in Q2 of 2018.

Q: Happy Holidays!!
Are you still positive on ALA.R?
At wait price do you consider it a table pounding buy?
What are the risks in buying it here at the $28 level?
Thank you

Q: With the price differential and no tax considerations,should one sell ala and buy ala.r ?

Q: Happy New Yea 5i, I am looking for income, please rank/rate the above, considering future interest increase influence, perhaps suggesting a better choice. Many thaks,J.A.P., Burlington

Q: If I sold ALA at a lost (capital loss/gain) and purchased ALA.R would the 30 day rule apply
Merry Christmas
Cec

Q: To clarify; when you refer to warrants are those the subscription receipts?
Thanks
Mike

Q: As I understand it, the purchase of WGL Holdings will be paid for with the US$4.95 billion bridge loan provided by the banks with the balance being assumed debt. The intention is to replace the bridge loan with the proceeds from the subscription receipts, the private placement to OMERS and additional debt, preferred shares and hybrid securities. One of the major concerns investors seem to have about ALA is a fear that it might run into the same issues as Kinder Morgan and its purchase of NGPL. In that case the stock price plummeted from $45 to $15 when it had to cut the dividend in the face of Moody's threat to cut their rating. In your assessment is ALA in a similar precarious position or does it have it's financing in place? I have a full position in ALA and I am trying to reasonably assess the risks based on what we know (speculative risks are what they are).
Appreciate your thoughts as always.
Mike

Q: I currently own full positions in both these stocks in an unregistered account. In January I will be able to move about $35K of one or the other into my TFSA. I see both as having very good chances of a substantial gain in the next year or two. Which would you move, in considering the impact of a large capital gain for the one I keep in the unregistered account? I do not see either as a long-term keeper at this point, so I foresee the sale of both in 1 to 3 years, moving into something perhaps more conservative .
Thanks!
Paul

Q: Please comment on ALA. There is a critique in a Seeking Alpha yesterday stating that the WGL acquisition is a disaster in the making.
Thank you for your ongoing great service.
Frank

Q: Which would be better for growth and safety of dividend.

Q: Hello Peter,
I hold a balanced total portfolio across my TFSA, RRSP and non-registered accounts. I keep my highest dividend payers in my non-registered and currently have them on DRIPs. Are there any of theese that you don't think should be on DRIP because they are too risky?

ALA, KWH.UN, FTS, BNS, SLF, GS, NWH.UN, ECI, EIF, BCE

Q: I currently hold ZCL in my RIF. I am thinking about replacing it with ALA in order to realize a higher dividend and better growth prospects. Can I have your thoughts please? Thank you. Jim.

Q: Can you address the payout ratio for Altagas? And also the debt level relative to competitors? How are they going to pay for the large acquisition next year and will this send their debt too high? Thanks.

Q: MT Newswires
08:42 ET
AltaGas, WGL Signs Settlement Agreement in Maryland for Proposed Merger

Peter; This release today seems to remove some uncertainty re the merger/takeover but the stock seems indifferent. Am I missing something ? Thanks. Rod

Q: Algonquin or Altagas for income for a long term (10 year) hold? Thanks for the great service!

Q: I am seeking income and while these companies are very different and in different sectors can you advise me which would be the best and perhaps safest for income?

Q: I presently hold ENF in an income portfolio. And before I make any change I would just like to verify my understanding of what I read yesterday. I take it that you would favour ALA over ENF for income. Here is the quote from yesterday's Q&A's comparing ENF to ALA:
"We would prefer ALA, for its dividend growth potential and expected growth from its acquisition strategy. We would not be too concerned on either dividend, but would consider ALA also a bit safer. It raised its dividend in October."

Q: Hello

Have about 1% in ALA ($29) and HR.UN (21). To reduce number of stks to watch I am considering selling one and adding to the other. I think ALA potentially has far better upside. Your thoughts?