Investment Q&A

Q: Good morning team; in view of this mornings announcement re Entwisle stepping down. what is your opinion of telus going forward.I am currently overweight and am planning on selling some in the near future.Should I pull the trigger now or place a covered call order? keep up the great work thanx for your answer

Q: Now that ATD.B has declared a 3 for 1 stock split would it be wise to buy before or after the split?
Look forward to your reply.

Q: I am interested in starting a position in WTE Westshore Terminals,I was wondering if in view of its recent correction,would this be a good entry point or not?

Q: Assessing my portfolio weightings: I have BAM.A as 10th largest which is OK but I also own BIP, BEP, BOX, and BRP in lesser quantities. If I think of them as one entity because they are all Brookfields, they would total twice my largest portfolio holding, so in sum would be #1 by far. Is uniting them because they are all intertwined with BAM the correct way to judge the holdings and would you advise scaling back, or are they separate businesses with different yields, growth rates and performance outlooks?

If reducing is advised, I could see substituting, say, HR for BOX and TCN for BRP, but I would have a difficult time finding replacements for BIP and BEP in a large cap utility with an international flavour and outstanding yield for RRSP. I consider BAM core and have held it for many years with good results; insiders own way more BAM than any of the spinoffs which speaks volumes to me. Would 5i have any differing ideas or options? Thanks, J.

Q: Is this a good entry point for Transalta? Tx

Q: Does your favourable opinion of MRG.UN still hold?

Q: Hello 5i,

I would like to drill down into VSN a bit further. I'm trying to figure out why this fairly sleepy dividend stock has been on fire since last September, up around 50%. ROE is only 5%. Forward PE is sky high. Are investors simply enamoured of their forthcoming new projects and the steady high div? Is the valuation not extremely rich?

Thank you!

Q: Sherritt
Today I am hearing that Cuba is going to change the laws to allow wholly owned companies to invest in Cuba.
Also they are going to gurantee that assetts will not be confiscated.
If this happens willit not be HUGE for Sherritt?
Thanks,Warren.

Q: On Torstar. Last night on BNN, Patrick Horan made Torstar a top pick. I have always considered the stock an avoid as it is in a dying industry--along the lines of your last answer on this in November.Agilith Capital has an extraordinary record so I was surprised. Has something changed, am I missing something or is this just the disagreement which makes markets?

Q: Thank you Peter, for your response concerning my TFSA portfolio. In keeping with my goal of creating growth, I have come up with the following ETFs and would ask your opinion on their value. If you differ with any of them could I ask you to recommend a substitute. I find it a challenge, with the resources available to me,to pin down ``dividend growth`` ETFs. I have selected the following based on their asset size, MER, and sector diversification. They are as follows:
CDZ, XRE, ZPR, XTR and CHB. They would make up the entire portfolio. Thanks for all you do for us.

Q: Hi Peter:
I am retired with a modest pension, and a huge believer in asset allocation focused on Cdn dividend income. I have recently trimmed several positions to raise a bit of cash (now at 7%) to take advantage of a possible summer pullback. In equities I own AD, AQN, ALA, BCE, BNS, BTE, BA, CFN, CGX, CSU, CPG, III, PBH, TCN, WEQ, as well as 2 dividend funds and 1 REIT fund.

Do you see any red flags? Caution flags for me are CFN and WEQ. Once purchased, I normally like to give the stock "time to perform".

Thanks for your help,
Steve

Q: Hi Peter
Can i have your opinion on HollyFrontier Corp HFC-N.
Is it time to take profits in the refiners?
Thanks Gord

Q: Hi Peter, I received US stocks; ARO, AMR, DF, & GES from a transfer in from a managed account. Would you keep any of these ? Thank you, Paul

Q: Re: BEP.UN

I established a healthy position in Brookfield Renewable several months ago based in part on the "A" rating by 5i. Would love to hear your comments on their recent acquisition of wind power assets in Ireland once you've had time to assess the deal.

Thanks very much, Brad

Q: Hello Peter, thank you kindly for your great advice to date. I would like your input on my TFSA portfolio. I am holding 6 issues, roughly 16 to 17% weight for each as follows:
ZHY, ZDV, OXF.A, LXF, IPL, and XRE. My goal was to create income but with a preference for long term growth. Am I on the right track? Please suggest any alternatives. Thanks very much!

Q: Why is my CBO 5 year laddered corporate bond ETF giving me a present yield of about 4%. The best 5 year corporate bond I can find available to me as a DYI investor on TDWH yields only about 2.5% at. Why the difference. Should I be worried. I am 57 years old and approaching retirement and feel the need for some fixed and CBO seems the option. What to do about the fixed income portion. Sometimes I think for the fixed income component it would be best just to stay in an investment savings account which pays 1.25% and eliminates the risk of loss of capital.

Q: DCI

What do you think of DCI after earnings? Thank you

Q: What are your thoughts on Frontier Communications Corp, FTR on Nasdaq. Is is at a good entry point for a dividend hungry investor?

Q: Hi, I would like to add a good monthly income or dividend oriented etf to a diversified portfolio. What would be your recommendation?
Thanks for the great service.
Phil

Q: I have owned WTE for a number of year and have more than a double. The experts have said it's overvalued for about 2 years but it has kept going up. It has recently dropped about 15%. Has there been some bad news or are the experts finally right. Unless there's a disaster I would plan to keep on holding for its stability of earnings and solid dividend with dividend grow in the future.