Investment Q&A

Q: Please comment on the share offering announced. Does this change your generally positive view of this company?

Q: Would now be a good time to buy ENB. for a longer hold . We are a little concerned about the high payout ratio , do you think they may cut the dividend.

Q: What is your preference; trp vs enb and why?

Q: Peter; So would the new large equity issue account for the weakness over the past few weeks? Don't want to sound paranoid but it seems obvious someone knew the issue was coming.

Rod

Q: Any news on MTY, it's been on fire these last two days?

Q: Hello 5i Team
Comparing Rogers Communications vs Shaw Communications - which is the better company for further growth and increased dividends? RCI-B increased its dividend slightly in 2018 and no previous increases since 2015. SJR-B last increased its dividend in 2016.
I already have equal weight positions in BCE, Shaw and Telus - I am looking for which company I should invest in to reach my desired portfolio percentage in the Communications Sector?
Should I look at the Cogeco family of companies instead of Rogers/Shaw?
Thanks

Q: After market closed,declared resumption of 0.10pm distribution as at close,July 15. SSS in Q2 down 31.6% vs Q2 2019 ,but sales trend up.Please comment. Txs for u usual great services & views

Q: I have owned TRP and ENB for years (10+) and have done well with both stocks. They have now become less than 1/2 weight positions at around 4% of my total portfolio. I was thinking of adding to them but I've been asking myself if I really want to add to positions when it's becoming just as difficult to repair pipelines as it is to build them. The dividends are nice but they haven't offset the decline in the respective stock prices so on a total return basis both companies are still negative for the year. I was thinking of switching out of TRP and ENB into VZ where I can get a similar dividend yield in a utility sector name but remove some of the industry noise associated with pipelines. Thoughts? Thanks

Q: Have you compared BIP.UN and BEP.UN before?
I hold BIP.UN and see that you recommend BEP.UN in your income model portfolio.
Thanks, Gary

Q: if I want to received dividend in US , will it be advisable to buy co. like Enb. in U$., or other dual listing companies, like RY,TD. or will it be better to simply buy equivalent US listed Co. instead. Thank you as always.

Q: Can you explain why this was down so much even after Warren Buffet made a sizeable investment? Is this because Buffet got a good deal? Why would the company do a move like this?

Q: Can you recommend a portfolio of 5 or less stocks where the only criteria was safety and income, what would they be? Thanks, Bill

Q: I have been trying to identify companies with a high dividend that have not bounced back to Pre Covid levels. Can you please provide me with 3 of your high conviction names.
Thank you

Q: I invested in QSR and TRI which to the best my know is with out a deposit receipt but that something for another day). I hold these in a balance portfolio. Now I see QSR is in the 5IR Income Portfolio. With that, would 5IR hold TRI in a balance or income portfolio?.
The reason I ask this as the weighting of these positions would be different in a balance portfolio than in the income one.
........curious me....Tom

Q: Do you think that the majority of the dividend cuts are in now? If not, do you think the cuts will be sector specific (e.g. REITs, banks, etc.)? Could you summarise the sectors as you see them for probability of dividend safety / cuts?

Q: How is this company in the post-coivd world? Why has it pulled back. What is your analysis on this company?

Q: Hello it seems in-room dining will not be coming back for awhile.
I'm thinking The Keg would be one of the better Canadian restaurant investments. They should do better in restoring customer traffic as:
1. they already have more spacing between tables so they can maintain the same customer capacity/hour
2. Consistent quality of food and ambiance that is not as easy or convenient to recreate at home.
3. They already have great staff training when it comes to allergy awareness - this means it will be a better experience in training staff for Covid19 protocols
4. The people who go to The Keg tend to be more middle-upper income who are not affected as much by the shutdown.
5. If food ingredient prices increase, their margins may not be affected as much as ingredient expense is a smaller % of their overall expenses.
6. Landlords view them as a quality 'draw tenant' and so hopefully will work with them to maintain occupancy

What do you think? Is the distribution safe or if cut, would it be restored faster?

Q: Hi. I would characterize myself as an income investor, but like many others am also trying to position myself for "conservative growth".

I currently hold 3% positions each in BIP, FTS, BEP and a 3.5% position in CPX. I also have a 4% position in ENB (I see it as a pseudo utility/energy).

I'm down about 5% on FTS and BEP, even on BIP and up 15% on CPX.

I'm thinking of selling FTS at a tax loss and picking up AQN for the higher dividend and what I see as better potential for growth.

I may consider adding FTS back in at a later date. What do you think of this strategy, or would I be better to leave things as is? Do you see BIP, BEP, AQN and CPX as having better growth potential in the next 1-3 years? What would be your recommendations given this mix of holdings?

Thank-you in advance.

Q: I would like to add two companies to my portfolio to increase my US dividends. What would you pick from these 5? Currently NTR and QSR have a higher yield. Does this indicate a higher risk and should I look at a lesser Yield in order to preserve capital?

Q: With BAM.a potentially owning 62% of BPY.un at the end of today's announced transaction, what do you think the possibility is of BAM.a, sometime within the next 5 years, buying out Brookfield Property Partners?

John