Investment Q&A

Q: My spreadsheet shows a 21% drop for the week. Is there a reason? Should I be worried?

Q: Good afternoon,
Could you give me 5 or 6 non-cyclical dividend stocks that you like?
Thank you

Q: Andrew Pelliers Ltd. has Class A and Class B common shares. What is the difference and which one should I be buying.

Q: I come across two high yield U.S. REITs - NLY and AGNC that provide yields over 11%. Do you know anything about them? How does these two compare? If you have to pick one which would be your choice? Are there any special tax consideration in investing in U.S. REITs? Thanks.

Q: Please comment on the recent downgrade TRP received from Moody's citing TRP's weak financial profile to Baa1. Debt to EBITDA is expected to be 5x in 2019, ENB is about the same. Moody's downgraded ENB to just above junk about a year ago to Baa3. It would seem Moody's feels 5x EBITDA is not good, Shouldn't we avoid these companies?

Q: Information only. I inquired about KWH.UN's final dividend and share tender dates yesterday and here is their reply today.

Hi Larry,
Crius and Vistra are on track to close. Shareholder approval was received as well as other required approvals. However, there is one last approval required that we are currently awaiting on from the Federal Energy Regulatory Commission (FERC). Once received from FERC, the closing will occur no later than the fifth business day after such approval, at which time the final distribution will be paid. Our regulatory counsel have advised us that FERC approval should be received shortly, and no later than end of April.

Q: Cineplex is something I understand as a movie-goer.

My question is two-fold:
1) Are they doing enough to diversify their business outside of the core film theatre business?
2) Is their dividend at risk?

Q: What am I missing here? KWH sold for $8.80 a unit. That has not settled yet. The dividend record date has passed. It is trading today 0.18 below buy price. Why so low to that unit value?

Q: Hi Team
I have a full position on the above, pays a small dividend
and I am about 5% below water

is it buy sell or hold ? I have a full position in ATD.b, ,could sell part of the above and move to Loblaw (partial position) ; thanks

Michael

Q: would you buy CSW for income only these days. Seems to be struggling a bit and yet i thought this would be more of a defensive name - certainly is a cash cow!!!

Q: Your thoughts on dfn.ca.? High volume today indicates no shortage of opinions with this one. Also how do you find out the nav? I couldn't find it on the quadravest website or anywhere else. Thanks very much.

Scott

Q: With VNR being purchased for $26 cash to the shareholders do you suggest to just let this happen in due time or would it be beneficial to sell ones shares while it is trading above $26? Thank you for any advice on this. The dividend will be missed.
Many thanks, Len

Q: what is the payout ratio for this company and what is the feeling about the class action lawsuit levelled against General Chemical (now part of Chemtrade.)

Q: current bid/ask on Crius is $8.65/$8.66 - this is about 15 cents a share less than the payout price of $8.80 or about $150. per 1000 shares. why is there such a difference on the current stock price vs the buyout price?
Edward in Montreal

Q: Hi, from a recent Globe article (excerpt below) it appears a substantial activist shareholder group is taking issue with the deal announced with BEP. Do you feel it has the potential to derail the Deal or substantially modify it. So far the market has not reacted to this news. Thanks.

“However, Mangrove Partners, Bluescape Energy Partners and Cove Key Management LP rejected the deal earlier this week for leaning too heavily in favour of Brookfield, and said they would nominate five directors to TransAlta’s 10-member board with the aim of being able to terminate the investment.

On Friday, the investors – which own a combined 10.1 per cent of TransAlta’s outstanding shares – issued a statement calling on TransAlta to release more details on its decision to side with Brookfield, which it called a “rushed process.”

Spokespersons at TransAlta and Brookfield declined to comment.

“Let me be clear: Our goal is not to stop this transaction, but rather to ensure that the company retains the option to pursue or renegotiate a better one," Mangrove Partners’ Mr. August said.”

Q: In an earlier response you mentioned the price was .02 cents off the target price. I thought the buy out was for $8.80 plus divvy of .209 cents. So $9.009 total, is that correct?

Q: Crius shareholders have agreed to the takeover offer. The current market price is only slightly less than the takeover price. Since Crius went ex-dividend on March 25 is there any reason to hang on to the stock until the actual takeover date? Is there another dividend on closing?

Q: Question still about ex dividend dates

BNS EX Dividend is march 31 , Sunday, If I buy today friday march 29 , DO I STILL RECEIVE dividend ? ( my understanding is I would not be the owner of shares bought today until april 1 monday.)

Also PWF IS ex dividend march 28, what is the earliest I can sell while still receiving the dividend ? march 28 or today march 29 ?

thanks

Ernie

Q: Hi Team,
RET.A at 52 wk low. Do you have info on Reitmans family's
holding on A shares and the voting share. I am interested on the total percentage the family actually own ! Also the dividend is safe ?
Thanks as always, Tak

Q: Hi 5i,
How economically sensitive are CHE.UN's business streams? I know they don't appear to have done a great job running the business. There doesn't appear to have been material growth and there hasn't been any dividend growth for a long time. The dividend now looks like it should probably be halved and that cash saving repurposed, probably to debt reduction. But what I'm more interested in is whether you think that a recession would be likely to put their enterprise at substantial risk. Or whether you would not expect their arc through an economic downturn to put them in significant danger of failing. Thanks.