Investment Q&A

Q: Peter & Company
Would you please comment on Chemtrade .
Bill.

Q: BMO has made a bought deal with CHE.UN 0f $ 100 million financing at $ 21.30 per share. I would like to buy this stock for its dividend, yield 5.5 %. Is dividend sustainable ? What price should I pay. Your advise or comments will be appreciated. Thank you

Q: What do you think of the recent bought-deal by Chemtrade, which appears to be mainly for debt repayment? Good thing or bad? I hold about a 2.5% position, for income and am considering bumping this up to 3%.

Thanks

Q: With a diversified fixed income portfolio, which would you prefer:
Arits REIT AX.DB.U 5.75% 30-JUN-2018 Price:104.75, YTM:4.3%
Parland Fuel Bond 5.5% 28-May-2001 Price: 102.50, YTM: 5.2%
Also, an RRSP has to be converted to a RRIF in the year someone turns 71, do you have to withdraw that year, or is it the year in which you turn 72 that you have to start withdrawing?

Q: Until recently, BTE always won out over CPG for stock selection, and in early Sept. it still traded at a $3.50 premium over CPG. Now it trades $5 lower than CPG. What has happened? Is it time to kiss Baytex goodbye?
Thanks! Chris

Q: Hi,

I own TD, T, Sun, MLF, PBH, CNR, CPR, ZLB, ZUH, GC, and BCI as well as higher growth US names like FB, DIS, SBUX. I'm looking for another canadian dividend payer with some growth (10%? Annually) and wonder if you feel the pipelines are reasonably priced and which you'd recommend?

Or another area/choice? I tend to avoid resources as they are too volatile for me.

Thanks

Q: Hi Team,

Would you please recommend a couple of US funds ETF'S geared towards income and growth, and one which is strickly income? safety of principal is a priority. I need a US dollar income stream, with a $100,000 to invest.

Thanks for your help

Stephen

Q: Hi Team

Can I get your opinion on Enbridge Income Fund Holdings Inc ENF-T versus Brookfield BEP.UN-T for a non-registered account with both objectives of longterm growth and safe yield. (for long term hold.)

they seem to have similar yields yet different P/E ; P/book ratios and payout ratios ?

please tell me if

1. are they in similar sectors (? utility)

2. are they subject to similar or different economic pressures.

3. are yields more secure one or the other

4. is growth better on or the other.

5. is the yield on one more tax advantageous versus the other

6. subjective , but is one "bluer" chip than the other

thanks

Ernie

Q: I recently saw a list of Div Stocks with Discounts via a DRIP. How do I avail of the Discounts? e.g. BTE with a Div of 6.4% + a 3% Disc.

Thanks, Austin

Q: Hello Peter & Team,

Could you give provide a "mini-report" covering the reasons for inclusion of Valener within your income portfolio. Obviously its yield is one factor but your views on management, its position within the industry etc would be appreciated. Apologies if this has been provided previously, I may have missed it.

The service you provide is undeniably the best I've come across. Thanks.

Q: Hey folks, I've held DCI for a while now because I have confidence in their management, but despite three good quarters the stock price just won't move much. Could I get your comments on their latest quarterly numbers, and whether you would hang in there with this stock. Thanks.

Q: What is your current opinion after the latest quarterly report.Possible long term hold for income?

Q: AQN announced earnings on Friday. Judging from the sell-off, they apparently underwhelmed the street. However, reading them over myself, they seem to me to be more or less as expected. I still see a compnay that is growing a dividend (now in $USD!) which is reasonably well-covered with cash flow. Emera appears to have some faith in the company as they recently increased their share ownership. I have been a holder for several years. In your opinion, was the earning report a red flag or more likely just a bump in the road ?

Cheers
John

Q: I would appreciate your views on the Q3 results for Northland Power. In their release today the company emphasizes that the dividend payout is sustainable, a key question for investors of NPI, as it continues on its development plans.

Q: Peter and Team,

There is a bond in the "high yield" category available through my broker for Vermillion Energy. The Maturity is Feb. 2016 and it is showing a coupon of 6.5% and an ask price of $101.850. I like the short duration and I think the yield looks good. Any thoughts and buying or not buying this bond? My aim is simply to buy the bond and hold to maturity to collect the yield and then get my principal returned.

Marc

Q: IPL raised there dividends on Nov. 6/14. What is your view on this company looking ahead 2 or 3 years? Is another pipeline company a better investment?

Q: Peter can you comment on the current price of temple reit -seems overdone to me -Kim

Q: May I have your assessment of the latest quarterly results
of Logistec (LGT/B).
Thanks, Tim.

Q: Hello Peter and team,

The carnage in the energy sector continues, so it is time to see where my non-registered portfolio really is on its energy weighting. Please help me understand if I am really overweight in energy. I know it is a personal choice what percentage of a portfolio is exposed to energy, and the numbers being tossed around are 10% to 15% being ideal for most investors.

If I use the TMX sector categorization then I have 33% of my portfolio in energy. As of the close on Nov 13th the stocks are:

PPL (+52%)
IPL (+37%)
ENB (+29%)
WCP (+22%)
SCL (-3.5%)
CPG (-7.6%)
SGY (-10%)
TOU (-18%)

But your sector categorization is a little different. You consider PPL/IPL/ENB as utilities, and SCL seems to be a basic material. If you slice it that way my energy component is 16%, utilities 14%, and basic material at 2.8%

When you say a weighting in energy of around 10% to 15% is ideal, would you include the pipelines, and material stocks like SCL in that weighting?

Which one(s) would you trim or eliminate to reduce the energy weighting?


Paul J.

Q: What do you think of dr results. thanks Also lw leisure world reported today could you comment on their results too thanks