Investment Q&A

Q: Hi 5i - can you see a total return of 10% per year over 5-10 years on BEP.UN (currently yields 7%)? Thanks, Neil

Q: I own some TRP.PR.E (TransCanada rate reset preferred shares) which have taken a beating over the past 6 months (down around 20%)
What is the prognosis for recovery? Should I hold for long term or sell and move on?
Your good advice is greatly appreciated.

Thanks

Q: Can you please expand on your overview of this, one of my favourites, for its potential and healthy dividend. Also the new management of Ms Thomas and its blockchain use in a new finch international marketing of their and other diamond producers. They also seem to consistently find huge record sized stones. As usual thank you for your consistent and clear analysis.

Q: Thoughts on their earnings?

Q: PZA has been acting better as of late. Any reason why ? Is it a good time to let it go or do you see some potential going forward ? I don't need the yield. Thank you for your comments.

Q: I am considering selling ALA in my rrsp to buy ENB or T. Where do you see better potential total return? ALA, ENB or T. Thanks

Q: IPL pays an juicy dividend yield of over 8 per cent at the current share price. The dividend is covered and they have growth potential with their proposed in service date of 2021 for their propane to plastic processing plant. It looks like a safe stock with some good upside in a couple of years. But it makes me a little nervous that it is a little like the old Canexus in that IPL is getting a little bit out of their wheelhouse of expertise (shipping stuff around in pipelines or storing those products) and they are entering into more of a manufacturing business line. Is that diversification or worsefication? Is it a stretch for a pipeline company to think they can build and operator a propane-to-plastic "factory"? Canexus was a chemical company that thought they could build a oil-by-rail loading facility and in their case diversification was definitely worsefication!! I am still interested in IPL but I would appreciate you thoughts about IPL growth plans.

Q: Please comment on PPL's announcement pertaining to the building of a new petrochemical plant. In December 2017 IPL announced a similar project and since then the share price of IPL has noticeably under performed their Canadian pipeline peers. How different is PPL's project from IPL? Do you know much about their Kuwait based partner? How will this impact the PPL balance sheet? Do you expect they will need to issue more shares to finance this project? PPL is one of my largest holdings and I invest in it because they have shown to have good management and have the steady cash flow from the pipeline businesses. Does this transaction change that thesis in any way? The project feels like an unnecessary bet and all of a sudden a riskier holding for a conservative income investor.
Thanks
Rob

Q: What are your thoughts on the partnership with with Petrochemical Industries ("PIC") of Kuwait, to construct a 550,000 tonne per annum integrated propane dehydrogenation ("PDH") plant and polypropylene ("PP") upgrading facility, expected to be in-service in mid-2023 and expected to generate annual run-rate Adjusted EBITDA of $275 to $350 million, net to Pembina?

Impact to balance sheet, cash flow, and growth? Thanks.

Q: Good morning. I’m looking to invest in either BPE or AQN, both of which companies you are positive about. I’m looking at the respective yields ( 6.6 vs 4.2) and am wondering about that disparity. If risks is correlated to reward, does that mean BPE is more risky and if so, why is that? I notice that BPE is showing negative EPS and that makes me wonder how they can sustain such an attractive dividend yield. Thanks

Q: I'm considering starting a position in SIA or CSH.un for a long term hold (5+ yrs) based on aging demographics etc. On a total return basis which do you think is the better play in a cash account?

Q: I am looking to recession-proof my TFSA with stable companies like Chartwell Retirement Residences and Park Lawn Corp. But my stock chart shows Chartwell collapsing from $14 to $4 in 2008/9, taking until 2016 to recover. Park Lawn doesn't seem to be listed that far back (but I note your report describes it as "recession-proof." Would you recommend Chartwell despite the 08/9 numbers and does your assessment of PLC mean that it would be relatively unaffected by a similar market meltdown?

Q: Hi,
In the year ended Oct-2018, revenue was up more than 30%, but earnings did not increase that much. Does this signals that the last acquisition is not as successful as the company expected or there are some onetime charges which has brought the net earnings down. If I want to add some money at this price, should I buy CCL.b or put money in TCL.A?
Thanks
Piyush

Q: Buy sell or hold

Q: I have had PIF on my watch list for utility's and would appreciate your sage advice as to the investment risk. Generating from geothermal seems like a pretty solid revenue base and it pays a 7% dividend and in south america away from team T N T (rump) (rudeau)
Thanks in advance
Bob

Q: Can you tell me your opinion on Labrador Iron Ore Royalty.
Buy, sell, or hold?

Q: Down 50%. Should I continue holding / sell at current price or buy more and average down.
Thank you

Q: What’s the difference between the different BAM shares, any preference?
If we already hold BAM.PR.N , should we change them to another BAM?

Q: What’s your opinion on safety of $20,000 investment in GICwith large Credit Union? Would you rather invest with TD, RBC or other large bank due to insurance on deposits under $100,000? Thank you.

Q: What sector would you put Park Lawn Corporation? Also, what is an appropriate percentage allocation for each sector