Investment Q&A

Q: Can you give me 5 Quality dividend paying names with growth potential for My TFSA account ? Thanx Robbie

Q: We are retired, elderly, and need the dividend income we get from our portfolio as below:

Pipelines, 8.51%: PPL, TRP
Utilities, 12.52%: BEP.UN, EMA, RNW
Telcoms, 9.11%: BCE, T
Banks, 22.47%: BMO, BNS, CM, RY, TD
Reits, 13.38%: CUF.UN, HR.UN, MST.UN, SRU.UN
Industry, 22.81%: BIP.UN, DH, NFI, NWC, PKI
Cash, 11.2%

I would like your opinion on adding one or two steady eddys that pay a decent dividend along with some growth potential. Would FTS and TRI fit our needs, or do you have better suggestions. Thanks, Ted

Q: Would you recommend establishing a full 5% in Enbridge today for someone with no energy, utilities or pipeline exposure or is this something you'd prefer to accumulate more slowly given the potential rising rate environment? Thanks and have a good weekend!

Q: I recently added a position in ENB on the latest price dip. This morning Patrick Horan guest speaker on BNN says that he is shorting ENB. Claims that ENB cannot grow dividend, Interest and High evaluation and that ENB missed earnings.

I would like to hold ENB for the longer term but would not want to go through a major down cycle.

Can you comment overall and address you position on shorting ENB - I would have never looked at ENB as a short...

Thanks Kindly,
Mark

Q: Hi Gang

I presently hold both ENB and FTS for a total of 8.3% of my cash portfolio. I am a dividend investor. I was thinking of adding BIP but wonder if that would be more of the same. I am thinking it would be wiser to get Agrium since I hold (confession time) no materials at this time. Your thoughts?

Q: I currently hold ALA, AQN, ENB, IPL, and KEY. which three would you select for best growth ?

Thank,

Glen

Q: As a guest on BNN, Patrick Horan has been given the opportunity to discuss his short position on Enbridge for a number of months now.

It occurs to me to ask: Is this merely Mr. Horan being permitted to 'talk his book' regardless of any perceived conflict, or is there a genuine concern with Enbridge's valuation and its financial structure as Mr. Horan suggests. Thanks.

Q: in your summary report you list Enbridge as belonging to the Energy sector but you often refer Enbridge as a good Utilities stock so should Enbridge really be under the Utilities sector?

Q: I am debating whether to invest part of my portfolio in ENB or ENF? ENF has had a better return of late and has a higher dividend. Which would you go for? I am looking for a good long term return as well as a good distribution. Tnx.

Q: Hello 5i. Just wondering if you have a thesis for the apparent weakening in Enbridge's stock price. The recent Q4 update seemed OK at a quick glance. Thanks as always for the great advice.

Q: Recent weakness in ENB preferreds is caused not only by the shift of assets to ENF and the common dividend increase, as 5i pointed out, but also a downgrade of the company from stable to negative by Standard and Poors last Nov.22, which you may have missed and caused a significant weakening of the issues in Dec. They state in part "We view Enbridge’s financial risk profile as “significant.” The continuing large capital program to expand existing and build new liquids pipelines will continue to pressure financial metrics for the next several years."

The whole article in prefblog is here http://prefblog.com/?cat=31

Q: Peter, here’s a challenge of sorts for you; I hope you can help. We are about 5 years from retirement. Our RRSPs and TFSAs are topped up, so we’re starting a non-registered account for excess savings. We have no need for income from the account (though, as you’ve said, it’s a good sign when a company initiates or grows a dividend). Can you suggest around 6 or 7 ‘lowish-risk’ stocks for long-term ownership? By this, I don’t mean we’re unduly concerned about volatility or short-to-medium term losses. Rather, we’d like stocks for which you think a loss of more than, say, 25% after 5 years is highly improbable. We are already topped up on banks, energy producers and REITs, but are probably a bit light on IT, Industrials and consumer stocks, amongst others. To add to your challenge, we already have fairly full positions in FSZ, SJ, WPK, ESL and DHX, all of which have done well for us, thanks to you! (ENB, DSG and BIN seem like possible candidates? But we’ll leave the advice to you.) Thanks for the TRULY excellent service and the unbiased guidance you are providing to us smaller individual investors. James

Q: My question is regarding ENB preferreds. It would seem they have all been subject to a sell off. Do you know the reason and is this a buying opportunity? I hold two of the issues and would seriously consider a top up.

Q: The 5 year yield on Canadas is 0.69%. ENB.PR B has dropped from $24.86 to $20.97 since November 17. Do you think now would be a good time to start taking positions in preferreds rather than 5 year GICs @1.25%? Or is an ENB problem causing the decline?
thanks for the ongoing quality replies. I should note that, if today was the 2017 reset, the yield would be 3.09% based on the 240 plus .69

Q: A major rating agency shows ENB as overbought. Should that prevent me from taking a position in this stock considering its strength and track record? I've made some of my best gains in stocks over their 52 week high.
You guys are the best. Keep up the good work!

Q: Hello,

I wonder how often you revise the ratings given to your coverage universe file.

For example, February 27, 2014 you writed a report on Enbridge with a grade of A-, since that time I have not seen a report on Enbridge ENB but is still A-

Does this mean that you are always confident Enbridge and your opinion on the title identitique.

thank you

Q: Hi Peter and team
My RRIF utilities consist of T, BEP.UN, EMA and PPL (9% total)
I would like at add one more. Please help me decide on the following: BPY.UN, ENB, CGX, BCE or another
All 4 utilities that I own are doing well thanks to you and it took me quite a while to decide on BEP.UN and it has performed wonderfully. Thanks

Q: why did Enbridge ENB share rise by more than $5 today

Q: Hello 5i team,

Was very surprised to not find any comments/questions in the forum on ENB after a 10.53% jump in share value today.

I have read about the increased div as a result of the massive restructuring plan in place. Is there any other reasons you know of for the jump? And with this increase, my portfolio allocation has risen to 6% - would you recommend a trim?

Thanks for all you do

Gord

Q: What percentage of ENB's business/ revenue is generated in Canada vs USA?
Have they provided any guidance on new projects or where they plan to make significant capital expenditures in the next 3-5 years? Will they need to issue more shares in order to finance these projects?

Thanks for your help.