Investment Q&A

Q: Any comments on the CEO resignation?

Q: Can I please get your opinion on HCLP? Recently announced a significant increase to their distribution.

Thanks!

Q: WE OWN BOTH IPL AND ALTA GAS AND ARE THINKING OF SELLING ONE TO BUY ENBRIDGE WHICH YOU APPEAR TO LIKE BETTER AND WE ALSO CAN TRIGGER A CAPITAL LOSS. WHICH WOULD YOU SELL TO DO THIS? THANKYOU

Q: Following on from my previous question about Crius Energy Trust (KWH.UN:CA), would you say that it is safe to add a bit more at these levels?

Q: I have held this company for several years and lately it has risen quite a bit. Why is this? Also from time to time they issue new stock at prices lower that the stock is trading at. Which really irks me. Although the stock has always recovered. Why do they issue stock at less than what it is trading at?

Q: When Darren Entwistle eventually steps down as the CEO of Telus... what do you think the impact will be? See https://www.theglobeandmail.com/business/rob-magazine/article-will-telus-ceo-darren-entwistle-ever-let-go/

Also, what do you see as the strengths of Telus are and threats to Telus?

Thanks!

Q: Can you please comment on their earnings and what is the short term impact on the stock price.

Thanks Valter

Q: Can you please comment on their earnings and what is the likely short term impact on the stock price.

Thanks Valter

Q: I see that Crius Energy Trust (KWH.UN:CA) is still continuing a slight downward trend after that uptick last week.
It pays an extraordinary dividend and if the payout ratio is only 77%, I am assuming the dividend is reasonably safe.
Do you have any further thoughts on the situation?

Q: I was looking for the quarterly report for A&W that the TMX site reported would be released on the morning of July 24 by newswire. I can find nothing. What is this 'newswire' and how does one access it?

Q: Can you comment on their recent earnings release ? Joe

Q: Just like to get your thoughts on Tidewater it’s been around it’s 52 week low now for a couple of months do you think there is value here and what could drive that,could they possibly be a benefactor if the large LNG project goes through in northern B.C.
Thanks as always

Q: Hi 5i - whats your take on BPF.UN at the current price? I have a 1.5% position and was thinking of adding. Thanks, Neil

Q: I'm going to start shifting my holdings toward 5I's income portfolio over the next several months. Which two stocks from that portfolio are the most compelling buys at the moment?

I hold Brookfield Renewable and Enbridge.

Q: Hello. My parents are elderly, and we have taken over managing their financial affairs. Although difficult to predict, I expect my mother will still be alive for another 3-4 years, so that is the time horizon we are working with. They have total savings of about $2.5 million, which we are amalgamating from various mutual funds and from the sale of their house, etc. We are considering using the wealth management services of BMO. We have told them that we are primarily interested in capital preservation. My father has a pension, so their monthly income needs are met. The representative recommended the PIMCO Monthly Income Fund (Canada). I'm not sure if it the same one as has been discussed here before. The identifier on the sheet is "Series F fund code PMO205", described as a Global Fixed Income fund. In any event, they were recommending 65-70% in the above fund, and 30-35% in a "Dividend and Income Guided Portfolio" which consists of 25 blue chip Canadian and US stocks (I won't bother you with their stock selection; it looked okay to me). They said they would gradually move money from the income fund to the stock fund during market drawdowns.

My question is, what do you think of this PIMCO fund? One of my concerns is protecting their money in a market correction. Would this fund be okay? Also, are the bonds in general of high enough quality that they would not be downgraded into the high yield category if things really get ugly? Has it had any negative years?

Thanks for your help.

Q: Can you please advise me which would be a better choice for short and long term . Thank you,
Maria

Q: Hi,
As a follow up to Loretta's question today (the 23) about your 3 favorite canadian utility stocks. You listed Enbridge, Brookfield Renewable, and Algonquin. Your referral of those makes me happy since they are the 3 I already own. To me they all seem to be in different parts of the sector though. Would you be concerned if the total weighting got to 10 or 12 percent combined for all 3? I use all DRIPS I can and have a long time to wait (I'm only 32). What would be your max total weighting between for the 3? I have no plans for adding other utilities anytime soon. Do you have a order of favorites for these 3 where you would allow one to gain more weight over another?

Thanks

Q: I see on June 4th you said Alaris was not a "need to own" stock and then on July 13 it was a "hold". Has anything changed with the company? I'm underwater with it and debating whether to sell or hold. I have a full position and was thinking to sell 50%.
What is your latest update? Thanks!

Q: With the decision deferral for Avista by the regulator and no board of directors in place for this company what are the odds now this takeover will not proceed? If not doesn't this make the installment receipts a buy since holders will receive their money back? The market doesn't seem to price in this possibility or is there something I'm missing?

Q: What are your top three Canadian utility stocks at the moment?