Investment Q&A

Q: Alqonquin, Capial Power, and Altagas have rate reset preferred shares selling at a significant discount with reset dates in 2018. With a 5 year Government rate of .55 to .7 they have issues that will still offer a very attractive rate of return. For a conservative investor would you rate these issuing companies as an acceptable TFSA investment?. How would you rank them?

Thanks Team

Q: Hi,
Im looking to pick up some utility sector. Which of these would you recommend for long term continual investment. Dividends will also be reinvested through DRIP if available.

Thanks

Q: I have shares of AQN and I am in the profit zone, But because of the higher dividend I am looking to switch to BEP.UN
Your Thaughts, thanks

Q: If the u.s. fed raises interest rates,what impact might this have on AQN and Zwh? Thank you.

Q: Hello 5i team,
AQN is currently trading at $11.17 even though Emera decided yesterday to sell 50M shares of AQN at $10.85. It seems that the market is shrugging it off; what is your take on this?
Thanks,
Antoine

Q: Hi, I would appreciate your thoughts about AQN and HWD last quarter results.

regards,

Q: Hi Peter and Staff
I hold a small position in CPX in my utilities group. Wondering how you feel about KWH.UN that I do not own as a replacement or would you suggest I keep CPX or sell CPX and look elsewhere entirely in a different sector as I own all the other usual recommended suspects in this sector.

Q: I have 1600 shares of this looser,(cost $32.98) CIBC research's 12 mo target is $26.0, I am considering to sell it and replace it with a couple infrastructure stocks or ETFs. I like to have your opinion and suggestion. Looking for income and some growth.
Have looked at BIP.un but doesn't seem to have any growth in the next 12 months. I have AQN,H,RNW,FTS ZWU and ZUT in my portfolio. Many thanks J.A.P,Burlington

Q: Not including Brookfield Renewable (which I already own), what would be your top 2 picks for a renewable energy company, ideally with a dividend?

Thank-you

Q: Hello 5i Team,
Utilities and pipeline companies are counted as 'blue chips' in many retirees' portfolio due to 'safe' dividends and some growth opportunities.
With the current thesis of the decline of fossil fuel in the context of low carbon future, what are your thoughts on these companies? Would there be a change of guards with these industries being replaced by renewable energy and clean tech energy in the next decade?
I have the following names which I am concerned about where they will stand few years from now? Which are the weaker ones that I should sell?
PPL, KEY, AQN, TRP, FTS, ENB.
Are there Cdn or US companies that you can suggest as future 'blue chip' in the renewable energy and clean tech energy industries? I already owned BEP.UN. Thanks.

Q: I am choosing among FTS, AQN & BEP.UN? Are they basically in the same business? Among these three stocks, which one offers a better value and has the most potential in the future? thanks.

Q: I have a large holding of AQN. Accountability Research Corporation, in a report dated April 15, considered AQN a SELL with a target price of only $9.50. That are your thoughts about that report.
I noticed that 5i recommended AQN today.

Q: Which sectors do you like for a safe parking spot in the near term to get me through the "sell in May and go away" and summer period. Hoping then to get a trading opportunity for the remainder of the year. Dividend payers in general or utilities etc. I own MTL and AQN, a mixture of material stocks and about 1/3 cash. Thanks

Q: Am I correct in understanding that the dividend is paid in US$, even if the shares were purchased and are held in my account in Canadian $

Q: Thinking of adding to the following: AQN, CPX, PPL, T, WSP.
Could you please give me your pick for growth and income.
Thank you

Q: Hi Peter and Ryan,

For a RESP, would you prefer AQN or BEP.UN or both ?
Thanks again for the great service.
Peter: Keep up those good articles in the Financial Post !

Dave

Q: if you had to pick one utility mainly for growth and income second which would it be and please include in your pick companies like boralex or transalta renewables etc.but just one pick. thanks. dave

Q: I have been reading some of your readers comments about the installment receipt being offered by AQN. It looked almost too good to be true so I read the press release. The following sentence is from the Press Release: "On the day following the Final Installment Date, the interest rate payable on the Debentures will fall to an annual rate of 0%. "
Thus, isn't this simply a purchase of common shares rather than a real convertible debenture. During the period until the acquisition closes it is a convertible but as soon as the deal closes the holder will get 0% interest and thus would most likely convert into common so that he/she could get the dividend stream....am I missing something?

Q: Can you please rank the following Power companies best to worse. AQN, RNW, BLX,CPX and INE. I currently hold AQN and am thinking of adding to the sector. AQN is 5% of my portfolio. What is your view of the maximum % to hold in this sector?

Q: Hi Peter and team!! Happy family day weekend! My advisor has suggested investing in Algonquin Power Convertible Bonds. To tell you the truth, I never quite know whether these are a good deal or not. Here's the terms: This is a 10 year 5% convertible bond, where only 1/3 of the bond's face value is due on closing Mar1/16. The instalment receipt priced at 33.30 per 100 will earn 15% until the second instalment is due 15-90 days after approval is granted for their acquisition of the Empire District Electric Company. Interest is paid quarterly and the bonds are convertible at $10.60/ common share of Algonquin Power. This is for my RRSP. What do you think ? Is this a good investment ? Any caveats? Regards and thank you, Tamara