Investment Q&A

Q: ARC (Accountability Research Corporation, April 2016 report) noted a trend to reduced transparency in AQN's financial reporting, saying a number of relatively small items, previously reported separately, were now lumped into the "Other" category. Does 5i have any concerns about this relative to AQN results/forecast? Would appreciate your comments. Thank you.

Q: Could you comment on the plunge of renewables as RNW and AQN?

Q: I want to drop one of these from my portfolio. Which do you think I should keep (if either)? I have Fortis in another portfolio.

Q: With all the cord cutting going on and quite a few people moving to streaming services (google box etc) how would this effect the cable companies.
And is there any company we can profit from in the streaming business.

Q: Hi 5I
What happens if we do nothing in regards to DCI being sold? If we do nothing(not cast a vote either way-for or against the transaction)do we just receive cash value for shares held and not have shares transferred to the new company if it is approved by the voting shareholders?

Q: Given that this company had a couple of disastrous quarters last December and March, the last two quarters while not great have at least been profitable. What's your opinion of the results posted on Nov 4th and your estimate for share price recovery and the safety of the dividend.

Q: I believe RUS reported earnings. May I have your comments please.
Thank you

Q: JUST READ RESULTS FOR THE QUARTER. MAY I HAVE YOUR OPINION.

THANKS DONALD.

Q: Other than TransCanada. would Keystone's approval benefit Interpipeline, Pembina, Enbridge and Altagas and, of so, would it be significant. Who else would benefit?
Thanks.

Q: Please let me know if the following thesis is correct.
1. Interest Rate increases affect Utilities ( and they are likely to rise in the US )
2. Share prices of Cdn Utilities will likely be hit as US interest rates increase especially Enbridge and TRP which rely on massive loans for operations and expansion .
3. With this prospect , Enbridge sits in the model balanced portfolio because you feel it is one of the top utility companies, yet it ( and other pipelines ) will likely be taking a hit when these events occur .
4. I have a full position in this . Should I be be selling or keeping it through December .

Thanks

Q: Hello 5i
Thought I would ask Investor portfolio management and psychology/behaviour question.

As I watch my profits in companies like Emera drain away 2% per day ( down $5/share since August), I wonder what the statement to investors should be when the question comes up, why did we not get out seeing clearly this stock is in a down trend and with rates moving up, is going to be out of favour and see price declines?

Waiting for an annual dividend of $2 when in four months $5 of capital disappears, just does not make good math sense or a profitable stance.

In September this was a good investment. What are your thoughts on this today with debt high, rates moving and short sellers pointing at companies like this?

Should we not have been selling at $50 instead of holding at $45.....and watch the price tick lower?

As you can imagine, it is tough watching long term paper profits in REITs, Telcos and utilities drain away.

Would you please offer your thoughts on the emotions that arise in this situation and with the stated company and sectors?

Thanks
Dave

Q: When looking at BIP.UN an infrastructure stock, can you compare this stock to other infrastructure stocks like a stantec or wsp global. My feeling is that stocks like stantec are more directly involved in the infrastructure industry and will be more directly affected by the Canadian and USA infrastructure spending that are planned in the near future. Your feeling would be appreciated. Tnx.

Q: Hi 5i,

L-o-v-e your service.

Question. I somehow ended up with 2 pipeline holdings in my TSFA. I still wish to stay in the sector. They are PPL and IIP and looking a a PERF chart, have very similar growth performance.

If I wanted to consolidate to one, which would you prefer (looking for long term growth + dividend).

Thanks !

Q: I have a small position in Emera. No other exposure to utilities. Just went over their Q3 earnings release. Negative current ratio, $14 billion dollars in debt, rising 10 yr bond yield, some free cash flow, but not sufficient to pay down the debt rapidly and net debt to total capitalization of close to 70%. Aside from the yield, I don't see many positives. Should I sell and move the funds into a more cyclical name?

Thanks,
Jason

Q: Is it a good/bad time to buy and hold this etf for the long term?

Q: Bird is down 15% today. Can you identify any reasons for this?
Thank you,
Peter

Q: Hi, Parkland Fuel stock continues to get pounded every day since its recent earnings release, losing over 10% of its value. It was mentioned as a baby Alimentation Couche Tard. Today, ATD.b stock price also showed considerable weakness. I have just started to wonder if there is a rotation out of these consumer names which have done well in past. And, if so, do you see this trend persisting, since money seems to be moving into banks, industrials and energy/material stocks. I have a small position in ATD.b but just doubled my PKI holding to overweight and feel a little concerned. Thanks for your valued advice.

Q: In view of rising interest rates and Trump which company would you prefer for income and some growth over the next 3 to 5 years?

Q: Hello,
What is your current opinion on PSI? I am hearing that Trump may not be positive for Canadian oil as he is pro drilling causing an over supply. I don't own any oil. Would support services be a safer way to get oil exposure? If you don't like PSI what are your other recommendations?

Q: Any reason for the big drop today?