Investment Q&A

Q: Hi Peter, Can you please suggest me 5 names based on today's price which I will hold until 2030 and those will have a good growing dividend? Does Fairfax financial qualify? I just mentioned FFH as I am looking for those names that will predictably increase book value and dividend on a 15% CAGR basis for next 15 years. Just want to mention that the changes 5i made to the site is very effective. Great service!!

Q: My question was in regards to MINT Income Fund - MID.UN

I'm sure I had that in the "Companies Addressed in This Question" part

Q: Your opinion, please

Q: could you please comment on the recapitalized cara prospects post the private placement etc -

Q: Telus is basically flat from one year ago (even including the dividend), and has compared poorly over that period to BCE and Rogers. For a long term hold in a non-registered account, do you still like it? (I already have a full position in BCE, and wouldn't go near Rogers, so if you're not keen on its prospects I'll probably look to a different sector.) Thanks!

Q: Hi 5i Team, Empire Company had a 2015 unusual expense of $1.9B, what was this related too? Also, can you explain EMP's arrangement with Crombie REIT and whether you think it is a long term positive? Also, EMP has the largest concentration of stores in Eastern Canada (ON, QC, Maritimes). Based on recent challenges in the Western provinces & demographic data/projections do you feel that Canadians moving from West to East will have a positive material impact on EMP? Thx!

Q: 3-5 years utility co. Between EMA. To or Fortis. Or any suggestion ? .thanks for your answer to our last Q.

Q: please compare CJR.B and DHX.B growth, and is the dividend safe (CJR.B)?

Q: Hi 5i, I just received a package from GWR for a special shareholders meeting later this month. One of the items to vote on is to move the stock listing over to the US Nasdaq listing. The rationale is to add more value to the stock, open the stock up to a larger pool of investors and to simplify the structure of the company. It looks very positive to me but could I get a second opinion on this development? The only downside I see is the stock will be a US security and there are tax considerations for Canadian investors. Thanks, greatly appreciative Dave T.

Q: I currently own WSP Global at 3% weight and under water on it. I also own Stanec at only a 1% weight. Would it better to sell Stantec and add to WSP or increase Stanec to a 2-3 % weight.

Thanks
Dolores

Q: Hi 5i team,

I have a 3 month old son and have opened him up an RESP. Can I get your opinion on what 2-3 stocks you would invest in that provide decent income (in the form of a dividend), and are relatively safe knowing that he will need the money in 18 years. I was thinking of playing it more conservative, but I have been contemplating taking a shot at something with a good growth potential.

Thanks so much.

Q: hello 5i:
in a comment on CSH.UN today, you felt that it was a good buy for income and some growth. I wish to establish a position, BUT, I see at the present time, Chartwell trades at a P/CF of 29.5, vs a 5-year average of 16.8. This appears to be very overvalued. Can you comment please?

Q: Have read a few of your answers regarding Veresen and some concerns that there may be a dividend cut. I wonder if you realize that 61% of their cash flow (attributable to dividends) is retained for investment in the new Montney gas plants and they issue shares for that amount thru their DRIP. Unlike many capital intensive companies that do separate offerings for new projects Veresen uses the cash saved from the DRIP, same end result though, some dilution associated with each project. Only 39% of their dividend is actually paid out in cash. Actually companies like Inter Pipeline see 50% of their dividends also paid out thru their DRIP as well, but they also do offerings associated with individual projects. If you look thru Veresens 2016 guidance you will see $200 mill a year being reinvested from their DRIP into the $1 bill Montney plants under construction. Whether you do it thru a DRIP or a separate offerings it would seem so long as they are getting an appropriate ROI this may be prudent. It also suggests that there is less risk than might otherwise be considered here given their planning and guidance is based on these facts. They have met guidance three of the last three years if you look at what was said and what has happened. Any thoughts on this information? Of course I realize no dividend is 100% safe, just wanted to point out that the actual cash portion paid out is substantially lower than their annual cash flow.

Q: How would you compare Fiera Capital and Gluskin Sheff going forward.

Q: Is Empire a buy at these levels ???

Q: which offers better growth prospects 2-3 year term?

Q: Why does Globe Investor shows a negative 311.03 Payout Ratio? There are a few others like this...WEN, KPT, BNS, etc. Are these errors?

Thanks as always!

Q: What do you think of the hydrto one new issue? Is it a good long term investment or is there something else that overs good income stream with some growth? Is it better to hold this type of stick in a registered or unregistered account.
Thanks

Q: Hi Peter, What are your thoughts on RSI as an income investment? From this point do you think it will probably have moderate growth? At the current dividend rate I would not expect an increase but would be content with the 7+ %. Thanks for all your advice.

Q: What happened to ENF today? We have 1000 shares. Sell half? Sell all? Can you recommend a better dividend paying stock? Thanks