Q: Your view pls on lumber. I read there is a supply shortage based on pine beatle kill and forest fires. I’ve also heard that the party is likely near the end stage, maybe because more supply is brought to market or a decline in demand. I hold Acadian Timber shares, buy, sell or hold pls?
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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: This morning I saw an analyst downgrade on ADN. Considering the huge bull run in lumber price, i am a bit skeptical of this call. I understand that the dividend is currently not covered, since they shut down capacity to save on cost during Covid crash. But still, being a cyclical stock, this is part of the game. What would be your take?
Q: I would like to add to my position in this company having a dividend of 7.7%.
What is your outlook? Is the dividend save?
Thank you
Albert
What is your outlook? Is the dividend save?
Thank you
Albert
Q: Would you pls recommend a couple of stocks in the lumber industry. I can tolerate medium risk and growth over income. I have no holdings in the sector. Thanks
Q: Do forest fires in the US northwest imply better prices for Canadian lumber producers, or are the effects of supply destruction outweighed by trade war dynamics? Supposing a demand surge materializes, will it be specific to west coast producers? Of the latter, do you continue to favour WFT?
Q: Wanting to buy a company in this sector.
Do you think its a good idea?
What would your two top choices be?
Thanks
Do you think its a good idea?
What would your two top choices be?
Thanks
- BCE Inc. (BCE)
- Enbridge Inc. (ENB)
- Pembina Pipeline Corporation (PPL)
- RioCan Real Estate Investment Trust (REI.UN)
- Capital Power Corporation (CPX)
- Transcontinental Inc. Class A Subordinate Voting Shares (TCL.A)
- Acadian Timber Corp. (ADN)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- Exchange Income Corporation (EIF)
- Evertz Technologies Limited (ET)
Q: With a 5-10 year time horizon, can you recommend any dividend stocks which have stable dividends and high yields due to current market conditions? I think that RioCan and Enbridge both fall into this category and would be interested in similar stocks that have a yield in the 8-10% range.
- Brookfield Property Partners L.P. (BPY.UN)
- Acadian Timber Corp. (ADN)
- iShares Canadian Financial Monthly Income ETF (FIE)
- First National Financial Corporation (FN)
- Choice Properties Real Estate Investment Trust (CHP.UN)
- True North Commercial Real Estate Investment Trust (TNT.UN)
- Plaza Retail REIT (PLZ.UN)
Q: Would you please rank these companies in descending order of their dividend reliability.
Thanks.
Thanks.
Q: Is the dividend safe at Acadian? They regularly pay out more in dividends than their cash flow can cover. They also have high debt ($100M\) and smaller market cap of $250M. Can they continue this in the current economic environment?
Q: HI guys
Have been a holder for Acadian Timber for quite a while, and wondering with the share price drop is this a good time to add a bit more - up to a 3% position for income and a bit of capital appreciation. A couple of questions - with the company trading substantially below book value does that put a floor somewhat on share price? And how strong is the dividend and the company financially - e.g. I see the company has more than a 100% payout ratio in terms of the dividend - can they sustain this for a period of time waiting for markets to improve?
Thanks
Stuart
Have been a holder for Acadian Timber for quite a while, and wondering with the share price drop is this a good time to add a bit more - up to a 3% position for income and a bit of capital appreciation. A couple of questions - with the company trading substantially below book value does that put a floor somewhat on share price? And how strong is the dividend and the company financially - e.g. I see the company has more than a 100% payout ratio in terms of the dividend - can they sustain this for a period of time waiting for markets to improve?
Thanks
Stuart
- Bank of Nova Scotia (The) (BNS)
- Canadian Imperial Bank Of Commerce (CM)
- Sun Life Financial Inc. (SLF)
- Gildan Activewear Inc. (GIL)
- Pembina Pipeline Corporation (PPL)
- Restaurant Brands International Inc. (QSR)
- H&R Real Estate Investment Trust (HR.UN)
- Keyera Corp. (KEY)
- Peyto Exploration & Development Corp. (PEY)
- Air Canada Voting and Variable Voting Shares (AC)
- Stella-Jones Inc. (SJ)
- Chartwell Retirement Residences (CSH.UN)
- Genworth MI Canada Inc. (MIC)
- NFI Group Inc. (NFI)
- Pason Systems Inc. (PSI)
- Tricon Residential Inc. (TCN)
- Brookfield Property Partners L.P. (BPY.UN)
- Magna International Inc. (MG)
- Gamehost Inc. (GH)
- Canopy Growth Corporation (WEED)
- A&W Revenue Royalties Income Fund (AW.UN)
- Acadian Timber Corp. (ADN)
- Ag Growth International Inc. (AFN)
- Boston Pizza Royalties Income Fund (BPF.UN)
- Fiera Capital Corporation Class A Subordinate Voting Shares (FSZ)
- Bridgemarq Real Estate Services Inc. Restricted Voting Shares (BRE)
- Brookfield Global Infrastructure Securities Income Fund (BGI.UN)
- Brookfield Select Opportunities Income Fund (BSO.UN)
- Cronos Group Inc. (CRON)
Q: Hi 5i Research Team:
I have traded Forex before and am new to stock trading. 90% of my RRSP, RESP and TFSA is in cash and I'd like to avail the current market conditions by "gradually" buying the dips.. and holding it over the long term, 5 to 10 years. I understand that no one can time the market or its bottom.
After exploring the reports and questions on your site, I have identified the enclosed 29 stocks based on following criteria:
- Current Retracements of > 75% over 52 week high & low
- Dividend Yield > 5% (in some cases, like WEED, which is a bit risky, I understand there's no dividend in the near term.. and I am simply going for the upside swing over the next 2 years... same for CRON and Air Canada)
Considering my 90% cash position and strategy to partially buy in on dips over the next few weeks, can you please advise if my stock selection is sound. In addition to my stock picks, please advise anything else that I should keep in mind.
Thanks for everything you do. Much appreciate.
I have traded Forex before and am new to stock trading. 90% of my RRSP, RESP and TFSA is in cash and I'd like to avail the current market conditions by "gradually" buying the dips.. and holding it over the long term, 5 to 10 years. I understand that no one can time the market or its bottom.
After exploring the reports and questions on your site, I have identified the enclosed 29 stocks based on following criteria:
- Current Retracements of > 75% over 52 week high & low
- Dividend Yield > 5% (in some cases, like WEED, which is a bit risky, I understand there's no dividend in the near term.. and I am simply going for the upside swing over the next 2 years... same for CRON and Air Canada)
Considering my 90% cash position and strategy to partially buy in on dips over the next few weeks, can you please advise if my stock selection is sound. In addition to my stock picks, please advise anything else that I should keep in mind.
Thanks for everything you do. Much appreciate.
Q: What is the payout ratio on Acadian?
How safe do you think it is at this time?
How safe do you think it is at this time?
Q: Could I get your views on Acadian Timber? I’m looking to add some exposure to this sector along with regular dividend income.
Q: Hi,
How do you view Brookfield selling their Acadian Timber equity to Macer?
How do you view Brookfield selling their Acadian Timber equity to Macer?
Q: I have a 1/2 position in ADN looking for dividends and a little growth. I have some cash to add to ADN or go to the west coast and start a position in WEF. WEF is down to its 52 week low I presume because of the strike. Time frame 3 to 5 years and moderate risk.
Thanks Greg
Thanks Greg
- West Fraser Timber Co. Ltd. (WFT)
- Interfor Corporation (IFP)
- Western Forest Products Inc. (WEF)
- Acadian Timber Corp. (ADN)
Q: Given that the sector is out of favour at the moment, I wonder if you could give me the names of the 3 or 4 Canadian forest products companies that you like best overall considering balance sheet, income stability and dividend. I'm prepared to wait a while for a recovery but there seem to be some decently priced companies in the sector at the moment. Finally, do you think that it's advisable to invest in this sector at the present time if one has the patience to wait for recovery? Many thanks. Don
Q: ADN has been on a down trend as of late. What do you think is the cause for it and could I get your view on the stock
Thanks
Tova
Thanks
Tova
- West Fraser Timber Co. Ltd. (WFT)
- Western Forest Products Inc. (WEF)
- Acadian Timber Corp. (ADN)
- Domtar Corporation (UFS)
Q: Cheers. I’ve noticed that Lumber futures have had a nice climb since the New Year. Do your sources confirm this? If so what companies (1 or 2) would stand to profit the most from this rise?
Thanks for your assistance
Thanks for your assistance
Q: Your top few favourite Canadian companies paying 5%+ yield with a chance of capital gains as well please? No oil/gas or pipelines please.
Q: Should I switch from ADN to WEF? Which is a better long term hold for growth and dividend stability?