Investment Q&A

Q: What is your view towards this company if I boy more for income. It is giving about 10%, with dividend of $2.76 /sh. , but its eps. is $1.92 and its free CF. is much lower. Do u foresee a dividend cut?

Q: RBC Direct Investing has a fair value of $13.61 and a Morningstar rating of a single star.
This low rating has been reported for several months.
I would like to add to my TFSA $6,000.00, however, hesitant because of the low rating by RBC.
Would you recommend this stock at the current price or have others you would prefer. Five year hold as an investment.

Thanks for your advice.
Hal

Q: Which Dividend ETF would you recommend I buy in my RRSP. I have no need for the money for at least 3 years.
Thanks

Q: I hold aqn in my us rif with td waterhouse. With the Canadian dollar seeming to gain would I be wise to switch back to the Canadian side and pay the 2% exchange or hold ? Your thoughts on the dollars direction

Q: If I sold Crius now,please confirm I would receive the dividend payable in August.

Q: Greetings 5i team,
I hold these three securities (one mutual fund and two ETFs) in my RSP for global (non-Canadian) equity exposure, total 17% (approx 150k) of overall portfolio and am looking for 5i analysis and possible replacement recommendations. Among the three I have some active management which has been successful, but expensive (EDG), some div income incl 50% US (CYH), some global non-NA exposure (XIN). I primarily invest in international securities for the diversification and growth and not nec income.
I would like to:
- possibly trade off the div income (CYH) for greater international growth
- understand if the active management component is worth the squeeze (cost) for this particular and only MF I own (EDG)
- reconsider the mix of international exposure among the three securities

What combination of ETF(s) would 5i recommend as potential replacement (or sustain as is) for these three securities that meet my goals?
TY for your work

P.S. Good webinar today on Portfolio Analytics.

Q: Hi there,

I am always interested as much in which stocks do not make your income portfolio as which ones do. Is there a reason Corby has never made it - seems less volatile, good income , cash cow - on the other side very slow if any growth and low trading volumes. Just curious?

Q: Noticed that Diversity Royalty dropped by almost 4% today. I have held this for many years. I couldn't find any news that would explain this unusual move. Am I missing something?

Q: I'm thinking about selling a position in EFN with a 5% weighting in a RESP with a 5 year time horizon and replacing it with either CNR, NTR or BIP.UN. Another newsletter is big on these 3 names for longer term holds. Thoughts?

Q: At the current time, do you have a preference of one over the other as an investment (ignoring any other factors re portfolio construction)? thanks.

Q: Hi could you please give the most recent shorts on EIF please. Thanks for answering my dreary question every two weeks. aeo

Q: What are your thoughts on Chemtrade?

Q: If these companies more or less share the same space, which would you prefer? Thanks as always.

Q: Hi :
I noticed that CM is selling at low P/E (9.2) and analysts are very pessimistic with 12 on "on hold". I do not like CIBC and most of the time I own TD and NA. , but, sometimes being contrarian could be the right approach by considering the regression to the mean effect. I am very low on banks and financials now because I feel we are at the end of the cycle and banks have betas that are a bit high for me. Investment horizon is 5 years at least. Would you buy now ?, or wait until it feels like it bottoms ?, what criteria would you use to get in ?.
thanks

Q: I have the following in an RESP (CU has 25%, rest are about 15-20%)

POW
CIBC
BMO
CU
BCE

I'm thinking of replacing CU with OSB - 12 yr time horizon, the fact that OSB is in the trough of it's cycle, has a solid dividend and low debt makes me think that over a 12yr hold I should be able to get a higher return (implied selling into a housing boom).

What are your thoughts?

Q: What can you tell me about this company? Is the dividend sustainable? I see they recently raised it.
Thanks...Steve

Q: Dear Sir, What is your opinion about this company and if it the right time to invest in this company for income?

Thanks
Deepak

Q: For years PWF has been fluctuating on price range between roughly $25 and$33. It doesn't seem to be a growth stock however a longer term hold for value and a solid dividend. Is today's price a good entry point?
Thanks for your answer.
Rolf

Q: My son is a 22 year old student who would like to start investing his money. He has $2000 to invest within a TFSA and intends to add annually with a long term outlook (he doesn't need the money). Could you please suggest some options that are growth oriented (not averse to risk) and some safer dividend payers, either in Canada or the US?

Q: BRE's 2019Q1 report disclosed that, year-over-year, management fees had doubled, cutting funds available for distribution by ~40% ($4.9M => $3M.) Since then, the share price has gone down ~10%.

For a lower-growth enterprise like BRE, is it reasonable to expect distributable funds and share price to remain more-or-less in proportion? This would imply significant further share price decline (to ~$10/s, given this metric.) Or is BRE cheap enough on other metrics to ignore this weakness?