Investment Q&A

Q: After market close,it was revealed Mr Ford made good his promise to fire H's CEO & maybe some board members too

Q: Jimmy Pattison has a large position but I don't see a catalyst...anything worthwhile here? Thanks.

Q: Can you list your top 5 best ideas for buying yield/income > 3% with potential for some capital gains - due to being undervalued - right now?

Q: I am looking for a good value stock with high yield, min. 5%. Can you add someone more to the two above?
Thanks
Margita

Q: As of yesterday A & W serves Beyond Burger at all its locations, a veggie burger which has received rave reviews in the US. I think this may materially benefit revenue and profitability. People were lining up outside a location in Vaughan, Ontario to try it.

Q: I am 75% in equity with less than 10% in Canada, and mostly US with tech emphasis, plus Global and EM. The rest of the 25% is invested with a well known active manager (0.6% MER) of corporate bonds who invested in short-term corp bonds of no more than 2 years duration plus floating rate bonds. No Government or long bonds. With rising interest rate albeit not rapidly over time, bonds are not really a place to be in. Corporate bonds can lose capital as well if there is a significant downturn. What is your view on holding cash in MMF in lieu of corp bonds as a fixed income allocation of a portfolio in the foreseeable future as capital preservation? USD MMF instead of CAD cash?

Q: Would you please comment on QBR.B, the 1-5 year chart looks good and the last few months it has taken off. Would like to know what percentage of their business is outside of Canada and if you recommend starting a position in it at these levels?
Thanks,
Steve

Q: What do you think about this deal of MSI to buy LIfe Work? I am thinking about participating in the offering of the shares their given 4% discount?

Q: With trade tariffs and uncertainty in the markets what Is the wise move with russel metals, hold or sell? I have a large position so would not be interested in buying more. I hold it in my RRSP for the yield. If you suggest a sell what could replace it considering I also hold BCE, BMO, HR.UN, NVU.UN as well as 4 small caps for growth but no dividends.
Lou

Q: Bird Construction is trading at a low point in the price channel. Fundamentals aren't great but it might be setting up for a short term profitable trade. Agree or ?

Q: To what extent is this company affected by recent tariffs?

Q: Your opinion please on CNR vs UNP ? I have a long time horizon. Looking to hold as forever stock.

Q: I am looking for safe, dividend paying Canadian preferred shares investments . Which ones would you be recommending at this time and why?

Thanks again for all you do.

Paul

Q: Hi
There are some reports that ENB should/ might sweetened the takeover price for ENF. Any comments? Is adding to an ENF position smart, in view of this possibility? Thx Frank

Q: Payout ratios

I am confused about payout ratios. I have read here several times that you prefer to stick with dividend income stocks that have payout ratios below 50%. You have also suggested recently that the following were good solid choices for dividend income stocks. Your website does not include payout ratios, but I suspect your calculation is different from those I have found elsewhere. Below are the payout ratios I found in other places. As you can see, they are mostly above 50%, and some are above 100%!

Could you please comment on your calculation of payout ratios, that have these below 50%, or why the high ratio is acceptable presently?

Thanks again.

PWF 72%
BCE 97%
CU 116%
TRP 78%
ENB 182%
TRI 169%
QSR 79%
AQN 130%
T 82%

Q: How do you see fit BLX as a long term 3-5 years growth story. Considering the industry (utility) would you have a better recommendation for new money allowance in a dividend / distribution portfolio?
Thx

Q: I own both ENB and BIP, although much more of the latter. I would like to get your opinion of the purchase of gas assets by BIP announced today. I realize the benefits to ENB's balance sheet, but is it also accretive to BIP at this price? Are there good growth opportunities provided by this purchase? Also, I believe that a portion of this acquisition does not close until 2019 - how much of the cash flow will be delayed until then?

Q: The N.A,V of this fund is $7.12 it has lost money in last quarter why not short itÉ

Q: My question is regarding the recent sale of assets by Enbridge to Brookfield Infrastructure Partners. The Globe and Mail columnists are quite positive on the future of Enbridge shares. Do you agree with the optimism and do you think this deal is good for Brookfield and its future share price. Thank You.

Q: In reference to Donald’s question about the Td GIC linked to banks and utilities:
I agree generally with the reply provided by 5i. However, in your response you talk about “going to cash” and I think this may be confusing. The product offered is a GIC and is insured. The principal is protected so there isn’t an issue with “going to cash” in a bad market. You will get your money back at the end of the term. It is essentially a cash investment all along, although one is locked in for the term.
What motivated me to write this was the deceptive way, in my opinion, TD is offering this product. It says the MINIMUM return is 2% and states quite clearly that this is an annual return on the main webpage describing the GIC. However, if you read through the prospectus (so dry and complicated it will give you a migraine) or click on the tiny footnote you will see that the 2% is actually a 3 year compounded return of 0.66% per annum. The 2% is a total return. If the market goes down or sideways, you will get a whopping $20 per $1,000 invested over 3 years.
I am a long time TD client and shareholder but I am disturbed by what I feel are decptive practices and the “pushing” of products on Canadians. This is approaching Wells Fargo behaviour, IMHO. It can’t end well for anyone. Sorry to take up your Q&A time with this but I feel the investment community needs to speak out about this.
Good luck fellow investors!
John