skip to content
MENU
  1. Home
  2. >
  3. Investment Q&A
You can view 3 more answers this month. Sign up for a free trial for unlimited access.

Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: I am a retired, conservative, dividend-income investor and receive a pension, CPP and annuities. I own AD, ALA, AQN, BNS, BCE, CJ, CGX, ECI, FTS, PBH, RY, TRP, WCP, WEF, WSP, XIT, ZLB, RBC Cdn Equity Inc, Sentry Cdn Income and Sentry REIT.

I am almost fully invested with roughly 5% cash to top up my holdings, mostly in the industrial and consumer sectors and maybe a little in the financial sector. I have filtered it down to 4 candidates: ABT, KBL, MG and SLF.

Question 1 = are there any "red flags" within my current holdings that I should consider selling?

Q 2 = are there other candidates, besides the 4 that I have selected, that I should consider buying, that would compliment my current holdings?

Q 3 = are there any liquidity issues (ABT, KBL)? I think I have selected ok candidates.

Q 4 = Depending on the candidate, should I wait for the tax-loss season to wind down?

I am, for the most part, a buy-and-hold investor.

Thanks for your help,
Steve

Read Answer Asked by Stephen on October 31, 2016
Q: I am just about to give up on Empire A. Do you think Cineplex would make a good switch in a Balanced/Income portfolio?

Or should I just bide my time as I am currently down 27% and hate to lock in the loss? Letting go is always a problem for me as I suppose it is with a lot of retail investors.
Read Answer Asked by David on October 31, 2016
Q: 11:13 AM 10/30/2016
Hello Peter. I have a 1.2% position in Chesswood for income and some growth, and am down 32% at present. The data I see on the company is:

Dividend $0.84, Yield 6.8%, POR 75%, P/E 7.5. Earnings $1.12, so to me it looks pretty good.

How solid do you think the company is and do you think the dividend is reliable and sustainable over the long run? Would you advise doubling my position at this price.

Thank you............ Paul K
Read Answer Asked by Paul on October 31, 2016
Q: I have been looking at CHW, as a small holding, for income. In the last couple weeks it is down about 10%. This makes it look more attractive, but I can't help but wonder if something is up. What is your opinion of CHW, and is there any reason you can see for the recent price decline? What is the payout percentage, and your view on the dividend sustainability?
Thank-you
Read Answer Asked by grant on October 28, 2016
Q: Hi,

I own ALA and IPL. I was going through the Q3 report for ALA and there were a couple of points that concerned me. First is that the Company has a working capital deficiency in the third quarter of $287 million for a quick ratio of 0.67. They also didn't generate enough funds from operations to cover their dividend payments and capex for the quarter. Debt to total capitalization is reasonable at 45%, but some other metrics are less rosy. I realize that some of the cash flow shortfall can be offset by the DRIP. Are you concerned by these metrics? IPL also had a small working capital deficiency in Q2 2016, but not a cash flow shortfall. Is it expected in these high leveraged businesses?

Thanks,
Jason
Read Answer Asked by Jason on October 28, 2016
Q: I've owned this stock for some years and have been disappointed with its movement. I do like the management of the Brookfield companies in general and would like to consider trading out my position with another Brookfield company. What is your opinion on 'BOX' and might you prioritize another Brookfield company?
Read Answer Asked by Claus on October 28, 2016
Q: Hi,

I asked a question yesterday about fixed income investments. You recommended a couple of ETFs that I will look into.

My question is the merit of ETFs vs actual bonds. I understand that individual investors can't get the same diversification with bonds as with an ETFs, but ETFs never mature unlike actual bonds and you could end up with a loss. What are your thoughts?

Jason
Read Answer Asked by Jason on October 27, 2016
Q: Hi there

I have owned a part position in Northwest Company and was thinking of adding to it on the recent pullback to bring it up to a full position. I like it's steady income characteristics. Do you think it's recent decreased same stores sales issues are a temporary blip, or more of a long term trend going forward? If you were going to invest a full position into a food/merchant seller would it be your first choice or would it be something else?

Much thanks

Stuart
Read Answer Asked by Stuart on October 27, 2016
Q: Dividend 15 Split Corp. Preferred Shares DFN.PR.A has been rock steady for the last ten years or so (except for a plunge in '08-'09), paying 5%, while CPD and ZPR took a plunge starting in 2015. Why the steady performance of DFN.PR.A? How much would you recommend buying it? Thank you.
Read Answer Asked by Jerry on October 26, 2016
Looking for more? Sign up for a FREE 14 day trial! No credit card required

We invite you to sign up for a 14 day free trial of 5i Research!
Experience all the benefits and tools we have to offer; stock research, model portfolios, Q&A with our experts, and so much more. Join a community of like-minded investors today!