Q: Hi Peter & Co.,
I sent in a question yesterday regarding Dream Industrial REIT (DIR.UN), however the answer I received was geared towards Dream Office REIT (D.UN). Could you please let me know your thoughts on DIR.UN, and whether or not the industrial space is preferable to the office space at this time? thanks,
Brian
Q: Hi Peter & Co.,
Can you please comment on Dream Industrial REIT's latest quarter? I hold this as part of my income-based portfolio. Other than interest rate risk, are there any company-specific risks you see with this company? Is the industrial real estate space still a better place to invest than office space REITs?
Many thanks,
Brian
Q: I have a 3.5% position in DR. It pays a 6.25% div, monthly, and has grown over 19% since I purchased it the end of April. There was a comment on BNN this morning and the opinion was that it is very susceptible to changes in US Medicare regs. Could I please have your opinion on the safety of the stock? Thanks, Ted
Q: GBN, Gibson Energy Inc., is a transporter of oil & gas products which has dropped a lot in value.Your comments on its debt,worthiness as an investment & some companies you'd consider better choices if you don't like this one would be appreciated.Thanks, as always, since you've saved me from myself many times.
Q: Gibson announced today a 200 million equity deal, and 100 million convertible bond in your opinion which is better to participate on it. How is the balance sheet of the company?
Q: Hi,I will retire in six months so will need income and security,which do not always go hand and hand.
I have a 5% position in bam.a,but was thinking of just switching to bip.un for the higher yield. Do you feel bip.un is secure enough on its own,or would you go say, 3% of each?
Also do you have two or three go to names that have 3-4% yields for the 5+ year time frame.
Always seem to have a hard time not to panic sell when the markets or one of my stocks are down over 20%.Should my discipline always be to hang-on if I have quality stocks?
Thanks,great work.
Q: I am a retired, conservative, dividend-income investor with a pension, CPP, and mostly dividend stocks (AD, AQN, ALA, BCE, BNS, CPG, CGX, ECI, FTS, PBH, RY, TRP, WCP, WSP, WEF, ZLB, XIT, Sentry Cdn Inc, RBC Equity Inc, Sentry REIT, Annuities, Fisgard Capital).
I have a roughly 10% weighting in energy. I hold CPG in my Cash account and have a potential capital loss available. Listening to the CEO yesterday, it looks like the dividend will remain small for the foreseeable future.
Two options = sell and replace with a better dividend player, capturing the Loss. Or, continue to hold CPG as this seems to be one of the "go to" names as oil recovers. While I would like more steady income, it is possible if I switch energy names that the new holding would then cut its dividend.
Under consideration are BNE, VET, FRU, SU, CNQ, ZEO, XRE. Are there others that should be on the list? I don't want a small cap and I'd prefer an oil name.
I have tried my usual filtering with P/BV < 2.0, P/CF < 6.0, Div > 3.0% and Beta < 2.5 (not sure if you want to consider beta in this exercise because you want the bounce) and don't get anything that makes sense.
It is normally all about total return, but steady income is more important.
Q: Hello 5i team,
AQN is currently trading at $11.17 even though Emera decided yesterday to sell 50M shares of AQN at $10.85. It seems that the market is shrugging it off; what is your take on this?
Thanks,
Antoine
Q: I understand that some individual reits are considered 'fully valued' on a P/E basis - based on historical 'norms'
question: looking at ZRE can you provide a 'rough' calc on the overall P/E with an eye to whether you feel it is at, near or over its traditional long term valuation range
or, more importantly, based on metrics you (5I) would use, what is your currently concern about reit valuations?
Q: Hi Peter and Staff
Was a bit surprised yesterday in your response to Matt about his dad targeting 6% return. You suggested for additional names GSY,HCG and AGT . None of those three generate that in yield so you are obviously expecting capital appreciation. I have seen you recommend GSY and HCG many times and own those but have not seen the same level of referral about AGT from you. I have considered it in the past but was always thinking I had missed the boat. Scotia came out the other day after earnings with basically a hold with no movement in the next twelve months. Since then it has dropped. Globeinvest for what it is worth say current P/E is 51.20 and future is 12.76. Could you please expand on your reasons for optimism and potential for share appreciation.
Thanks for all you do
Dennis