Investment Q&A

Q: Would you take profit now, as FTS is close to a 52 week high, or just hold for the dividend? Has never seemed to be a growth stock up until recently. About 7% of my current portfolio.

Q: Would you consider EIF a buy today or is it too expensive at these levels?
What is their payout ratio? Do you expect the dividend increases to follow their historical pattern?

Q: would you own FAP in a income account.
PHIL

Q: Your thoughts on Verizon would be appreciated.
Thanks so much.

Q: Good Morning Guys,
I'm looking to add to my AW.un here at $34.61 however, I have read you recent comments on this company and you suggest it is still a buy up to $33.50? Are you suggesting it's to high now to add more?
Thank-you.

Q: Further to your earlier answer yesterday, you referred to the payout ratio as still being high. My impression is that they have been lowering it over the last 2 or 3 years. I seem to recall it is in the 70's percent-wise, having been in the 90's. If my memory is correct (no guarantees here!), this shows very positive improvement, in line with the targets espoused by their CEO in previous calls.
Would you be able to tell me what the payout ratio is currently (based on cash flow, I assume), and also indicate how you are calculating it from the numbers off of the statements? I am particularly interested in knowing the adjustments you make, and your reasoning.
(This, I hope, falls into the category of not just giving me fish, but teaching me HOW to fish!)
Also, at least one other analyst doesn't get the seasonality of their quarterly statements (they have a slow period - the summer - when the kids aren't on the bus)and keeps referring to the falling profitability without due consideration. Do you refer to yearly stats when calculating payout ratios and such, or if not, what adjustments do you make to the statements regarding seasonality?
Thanks!
paul

Q: Now that the Brexit vote uncertainty has diminished a bit, would it be a good time to add to European market exposure? Presently hold ZWE for income. Would you add to ZWE or open a position in another etf? If so, which etfs would you recommend for income? Which for growth? Possible ZDI ?Looking at 2-3 year time frame. Many thanks for the terrific service.

Q: This company seems well managed and has a decent balance sheet and may have good growth potential. Have you formed an opinion on it yet? I was thinking of entering in to a position. Thanks.

Q: Hello 5I,

This is a question about Student Transportation (STB). I have read your comments that 'it is not one of your favourites'. However a new report out by National Bank (July 6) highlights the growth opportunity for STB as it moves into asset management (school boards & other 3rd party) part of the bus fleet business. They suggest that fleet management could represent 25% of STB total revenue by 2021. They see payout ratios falling and free cash flows potentially doubling in this 5 year timeframe. Finally National suggests that STB could become a dividend growth story 'in the not to distant future'.

Would this information be a cause for you too rethink your views on STB, take a wait and see stance or are you still not inclined to view the company favourably.

As always. take your opinion very seriously.

Cheers,
Bob Ahearn

Q: Could you comment on Pot? Is the dividend safe? I'm looking to add exposure to the agricultural sector. Do you have a favourite name in this space?

Thanks!

Q: HI TEAM :
I own ZWE and like it could you give a current assessment on it as well as a list of similar ETFS that offer geographic diversification out of US and Canada. Thanks
Yossi

Q: What is your favorite stock in the renewable sector? I have been reading your past comments on INE and you seem to be saying that it's a solid stock with good prospects, but that it is expensive.

Q: I have prov of B C bond at 3.2% maturing June 18, 2044. I have an unrealized gain of 29.64%. What is my best strategy here hold or try to sell?

Q: Hi Can I have your comments on Q2 results to me they look good your comments are valued.
Kind Regards Stan

Q: Total return index ETF; is it good ?

Q: I would be curious to see if there is any "scuttle-butte" on Enercare. It seems to be moving up quite nicely in the last 3-6 months. In a recent reply to a member you said you would be comfortable purchasing it up to
$17.25, now that it has reached $17.75 (at time of writing) are you still
comfortable? Seems to have good momentum!

Thanks in advance
Scot

Q: I intend to take some money out of a savings account and put it into 3 or 4 rock solid (what a concept) TSX stocks earning divis
in the 3 - 5% range and looking at a 2 - 3 yr horizon. Would really like to see a list of stocks (with ratings) that you think would meet my requirement. Thanks again.

Q: Gibson seems to be a solid company. Looking at the chart right now it appears to be oversold. The general direction of the chart is not encouraging. Would you expect a reversal of this trend making it a good buy or would you stay away?

Thank you.

Q: Hi 5i I notice members are asking about renewable energy companies. I would like to add 2 renewable energy companies to my portfolio, at present I have none. I'm a very long term investor, something like till the day I die. Thx for your wise advise, I was starting to believe in the " sell in May and go away " but this year staying with the market has been very good for me thanks to the 5i group. Thx again Gerry

Q: Peter; I read a Globe article by the Avenue Group regarding the massive amounts of money flow into bond ETF's. Their main point was, if the bond market goes to a " no bid" situation, then the resulting problems with accurately pricing the Etf's could cause havoc if investors tried to exit. Today Larry Berman suggested buying his ZCS short term corp.bond
as a place to sit and wait for a pullback he thinks is coming. I realize that trying to time the market is pointless but first could you comment on the " no bid" scenario and second do you think buying some ZCS would be like a hedge if anything did develop?
Thanks.

Rod