Investment Q&A

Q: Any thoughts on the performance of CPX over the last month or so and what do you anticipate for the company over the next year.

Thanks

Q: Hi 5I
I have $180,000 split evenly amongst above companies in RRSP. I was going to begin withdrawing $10,000 every year and am looking for strategy to draw down to maximize growth of account. Is there a ranking of companies to sell first, or take a bit from each? I like them all so tough call for me. Appreciate all your advice since my initial membership in 5I.

Q: Which one would you choose: fortis or capital power

Q: The entire renewable sector was down substantially in 2021, from BEP.UN's drop of 38% YTD to RNW's 14%. When will this sector come back to life? If it does what is your estimated timing of the rebound and which stock in this group will recover the most? Thanks.

Q: If you owned CIX, would you sell and buy which of CPX and H. Please provide rationale behind your recommended approach.

Q: Here is the current EV/EBITDA ratios for the following energy producers (lowest to highest): CPX (8.3), BEP.UN (9.3), NPI (11.6), FTS (13.0), H (14.0), AQN (16.5), BLX (17.4), INE (37.1). CPX seems to be a top contender for value, with lowest P/B too at 1.49. Considering all factors, please rank from best to worst, in terms of possible best total return over the next 10 years.
Thanks!

Q: CPX accounts for 2.31% and AQN represents 4.63% of my unregistered portfolio. I was thinking of switching AQN into CPX or rebalancing so that each would be equal. Would there be another dividend producing utility that you would prefer over these two. I already own BEP(2.81%), BIP(2.23%), SPB(1.74%)and F(1.56%). Perhaps putting some of the AQN into one of the latter four mentioned? I do like the nice dividend that CPX provides. I am retired and have a decent pension and my portfolio is geared to dividend income.

Q: Following on from a 19 Oct question, you rated dividend safety as: NPI, BEPC, CPX, RNW, AQN.

The payout ratio (12 month rolling, based on operating cash flow) was then shown as: BEPC 90%, AQN 170%, CPX 22%, NPI 20%, RNW 90%.

From this it seems like a 12 month rolling ratio is not a strong surrgate to dividend safety. I was a bit surprised but maybe 12 months is just too short.

Anyway, if such is the case, what metrics guided the views on dividend safety?

Thanks

Q: How would you rank these companies for prospects over longer term (say 5 years or more) measured by total expected return on stock.

Q: Hi 5i,
I hold NFI in a reg'd account where I endeavour to buy and hold. A while ago it was up nicely but then lost all its gains and more when the revised guidance came out. Now, with its recent soft recovery and dividends accounted for it's back in black, slightly.
I'm not optimistic about NFI's next couple of years and would like to see better capital gain and dividend income from the funds currently in NFI, and I'm considering WJX as a replacement. What do you think of this move and, if not WJX, can you suggest another one or two names for me to consider?
Much the same circumstances and question regarding AQN, which I think is somewhat stale these days and may be for a few years to come. I'm considering CPX as a replacement and would appreciate your opinion on that move, and your suggestions of one or two other than CPX if you think leaving AQN behind is wise but CPX might not be the answer.
Thanks and please deduct accordingly.
Peter

Q: Dear 5i,
I hope you're well today.
I'm trying to pick the "better" company in which to invest new money.
May I have your opinion, please?
I like all three, but between BEP, CPX, and AQN what would be your preference?
Thank you.

Q: what are your thoughts on the Capital Power Q report?

thanks.

John

Q: There was a big sell off today following the third quarter earnings report.

Is the news that bad, or is this a buying opportunity?

Q: Dear 5i team.

I am considering a switch from CPX to NPI and wanted to know your views on these two matched head to head. Is there a better alternative to switch to in the same space?


Many thanks.

Q: Of these 5 companies that have assets in the renewable energy space, how would you rank them for (a) dividend safety and (b) future growth prospects? Also, please provide the pay-out ratio for each.

Thanks!

Q: Top 10 CAD Dividend Growth picks for RESP? 15 year time horizon.

If you have a link to such a portfolio would be happy to see.

Q: What's going on with cpx ever since you upgraded it it has been going down.

Q: Hello 5i Team,
I would like to expand my utilities exposure (beyond the positions I already hold in Emera and Fortis). I am considering taking a position in either Canadian Utilities or Capital Power. Both have similar yields and dividend growth over the past 5 years. Which of the two would you favour, and why? This is for a long-term income focused account.
Many thanks,
Brian

Q: I tried to pull a stock list of B+ companies based on your reviews. Your thought on investing as an equal weight portfolio with a 5 year horizon.

Thank you!

Q: I am thinking of trading IFC for CPX. Looking for a better overall investment. Does this make sense?
Bryan