Investment Q&A

Q: Hello,

I just heard from BNN that ENF has been downgraded by Moody due to a balance sheet issue. Could you please comment on it? I hold ENF shares and am wondering if I should sell them.

Thanks,
Iris

Q: I hold ENF for income. Given this assessment, is it best to sell now? (I'd hate to see the share price decline if I wish to sell.)

" Analysts await Enbridge Income Fund Holdings Inc (TSE:ENF) to report earnings on November, 2. They expect $0.49 earnings per share, down 7.55 % or $0.04 from last year’s $0.53 per share. T_ENF’s profit will be $72.09M for 16.40 P/E if the $0.49 EPS becomes a reality. After $0.52 actual earnings per share reported by Enbridge Income Fund Holdings Inc. for the previous quarter, Wall Street now forecasts -5.77 % negative EPS growth."

Q: Sorry, guys. One last follow up regarding Northland and Algonquin. I should have clarified, Investor's Edge shows consensus eps for Northland in 2107 is $1.07 growing to $1.46 in 2018 and consensus for Algonquin growing from 66 cents in 2017 to 73 cents in 2018.

I mentioned in my previous question that the above eps numbers were CIBC's Investor's Edge, when in fact they were the consensus numbers as reported by CIBC.

I suppose that doesn't change the fact it appears that Bloomberg is showing different consensus numbers, but I just wanted to clarify my previous statement.

Thanks again and sorry for the confusion.

John

Q: Hi guys.

Just a follow up on Raymond's question regarding Algonquin Power (AQN) and Northland Power (NPI). I believed you stated that Algonquin has a better growth profile than Northland. However, CIBC's Invstor's Edge shows Northland eps going from $1.07 to $1.46 from 2017 to 2018, while Algonquin's eps going from 66 cents to 73 cents.

Are my eps numbers wrong?

Thanks.

John

Q: Regarding asset allocation, I need to do some trimming and adding. I need to trim RY and use the proceeds to add to ZWE. In a perfect world, I'd like to nail both dividends, so I wanted to bounce the plan past you.

The ex-div date for RY is Oct 25 and the ex-div date for ZWE is Oct 27. So that means I would get the RY dividend if I sell on or after Oct 25. I would get the ZWE dividend if I buy on or before Oct 26. Did I get this right? Thanks, Steve

Q: My wife and I are retired and are income investors. We are considering reducing our 35% bank exposure. These investments have done very well over the years and we do not want to reduce the quality of our portfolio, but think that perhaps a little more diversification would be desirable.

We are looking for one or two non-large-cap Canadian companies with a growing dividend/distribution preferably greater than 3.5% for a very long-term if not forever hold. We want to avoid more financials, utilities, and retail, office, industrial, and apartment REITs.

Some possible purchases we have identified are: KPT, ITP, CSH, ZCL, AGU, BIP, HLF, BEP, UFS, BPF, AND NWC.

What do you think of reducing our exposure to banks and buying some non-large-cap companies?

What do you think of our list of possibilities? Do you have any other suggestions? If you have two or three good candidate suggestions that would be great.

As always, thanks!

Q: Do you think that an overweight position in Altagas receipts and Crius energy is a reasonable way to reduce interest cost in a margin account; between now and summer of 2018?

Q: I am interested in taking a position in either Algonquin or Northland for both dividends and growth. As they have very similar dividends, which would you prefer for growth over the next two years?

Q: Can you please give me PE and forward PE for both companies. How do they differ? Even in a economically sensitive business, wouldn't you assume cjt can still grow with simply the transition to online versus BandM.

Q: What do you think about KWH, a great Yield but......
Margita

Q: Please comment on news and outlook.

Q: Your thoughts on their 1/4ly release, the markets seemed to like.
Thanks

Q: based on a moneysaver article, TD waterhouse recommenended selling BCE. Do you agree or Would Telus, Rogers or Shaw be a decent switch or do you have a good yielding stable stock that would be a suitable replacement.

Q: Why did energy infrastructure companies drop this week? Is this now a buying opportunity?

Q: Would you please provide an overview of Corus's results, dividend sustainability and their ability to meet their strategic growth plans going forward. Thanks

Q: What causes the big down draft today (and of late) against the pipelines such as PPL and others (such as ENB and TRP). Thanks.

Q: "I have 300k to invest, I am 65 and plan to live off the dividends. Should I invest all in or do doll cost averaging? What are your recommendations? Thanks so much for the great advice.

Q: Hi. I have been holding CBL, despite its huge drop, on 5i's view that it has a good management team. Over the last few months its stock price has gone down steadily, and yesterday the fall steepened. Would you still hold to your earlier advice that one should continue to hold this company? Should I wait for their earnings announcement and the conference call before doing anything, and when is that? Thanks.

Q: Which Brookfield stock has the best prospects for a growing dividend over the next decade? For my long term portfolio, I currently own BAM.A. I am trying to decide whether to buy more BAM.A, or to buy some of the other Brookfields, such as BEP.UN, which you have in the 5i Income Portfolio.

Q: CES Energy Solution Corp. is offering a new bond for 7 year with a coupon of 7.375%, the proceed of this bond is to replace existing bonds, that supposed to matured in 2020 to extend the maturity on this bond will be 2024? I was looking at the ratio and their total debt/EBITAD have improved now around 3.4 what do you think I would like to buy into this bonds for income?