Investment Q&A

Q: Morning! (unless you are working later than you should!)
Do you have an opinion regarding the potential purchase of General Chemical Corp by Chemtrade (CHE.UN). In particular I would want to know if this is positive for Chemtrade, or should I consider trimming?

Q: Good day!
I am looking at ENF (Enbridge Income Fund) and/or AQN (Algonquin Power and Utilities)for a position or a split position (both?) I prefer ENF for the higher div and seemingly similar growth paths (or maybe a bit better?), but I do own PPL (a full position) and see the overlap with Enbridge for pipelines. Would appreciate advice as to which I should choose for (primarily)income, and also some downside dividend protection against market correction and also - for the complete wish list - a chance for reasonable growth.
If you wish, I would appreciate any alternative choice(s) in a reasonable dividend-paying utility.
Thanks!

Q: Hi Peter and team

...Such a great service. Many thanks. What do you think about an entry point into WTE at this time?

Joanne

Q: DIVIDEND ETFs: I agree completely with your 03 Nov. Reserarch Blog article "Five Reasons to Love Dividends". Dividend income constitutes a significant (and growing) portion of my current retirement income.

RBC is about to launch 3 new dividend-oriented ETFs (RCD, RUD, RWD) and in August Vanguard Canada launched 2 new dividend-oriented ETFs benchmarked to the US Dividend Achievers Select Index. Please comment on these offerings as an alternative to holding dividend-oriented mutual funds or a portfolio of individual dividend-paying equities.

Thank you.
IslandJohn

Q: Hi Peter and 5i,
How significant is Carfinco’s (CFN) news that the interest rate on their senior credit facilities is being lowered by 0.5%? I would have thought that with their business model the interest expense reduction would be reflected by an approximately equivalent (dollars, not percentage) increase to their bottom line. Essentially they were just handed a margin improvement. The fact that the reduction is extended to PAC is a vote of confidence in the recent acquisition and a reminder that the more CFN grows the more it will benefit from the rate reduction. The market doesn’t seem too impressed. Is the difference just too small to make an impact or is there an error in the way I am thinking about it? Thanks!

Q: VSN & VNR
Gentlemen,
I own VSN & VNR for income, low capital loss.
Your advise hold or sell ?
Thank You very much
Best Regards

Q: Hi Peter I have 5% coming due and I need a bit US income long term.
My thinking is taking a position in a Wells Fargo pref yielding around 7% .Your thoughts or comments are appreciated.
Kind Regards
Stan

Q: Peter and Team,

I am looking at buying the new convertible debenture from Cineplex CGX.DB.A. Any thoughts on this? I have a pretty small exposure to fixed income and feel like this might be a nice pick.

Thanks for your service! PS. Peter, you did great once again on BNN Market Call... really enjoy seeing you on there!

Q: JE (Just Energy) has been trending up & recently received a positive report from Thomson Reuters. With an 11% yield & positive momentum do you think it offers a reasonable risk/return?

Q: Can you comment on the most recent earnings for PPL, they seem good to me. In the past you have commented that the stock was fully priced, do these earnings change that thesis any?
Peter

Q: I'm looking for a long term investment, moderate growth (10% annually), good yield (5%ish). I notice you've increased your stakes in BEP and I wonder why you chose it over Transalta? Would either be a good choice for me?

Q: RSI - I would appreciate your insight into why Rogers Sugar has cratered recently and how much further a company like this could fall. The chart looks ugly! But could this also be a buying opportunity?

Thanks.

Q: I have owned RSI for about a year for income and I am now getting nervous about the dividend. Is there another company that you would recommend that has a good yield and yet is fairly safe? Or would you continue to hold RSI?
Many thanks for your thoughts.

Q: ipl has taken a bit of a hit-any reason for that.

Q: Good morning 5I, re: convertible debenture ETF question from Kelly, the symbol given (CFD) does not seem to be correct. I did find DCD.UN, PCD.UN and OCV.UN. Do you like any of them? Thank you

Q: Peter, how would you rate Bell Aliant. Long haul is the dividend safe? Would it rate a B? Thanks Ken

Q: Good evening 5i. I am contemplating taking a position in Capital Power (CPX). I like it for the yield, but I also wondered what your insight was for growth potential. I'm looking for steady Eddies in my risk profile.

Have a great weekend. Brian

Q: INE
I bought some Innergex stock about a month ago and now planning to increase my position to 2-3% of portfolio. I like the dividend and stability, though concerned about exposure to higher interest rates... What do you think about this stock? Thanks.

Q: Hi Peter, I sent a question yesterday that doesn't appear yet on the list, so I apologize if this is a duplicate request.

I have owned IGM Financial for several years. While I like the dividend there has been no capital appreciation. I am thinking of substituting it with Western One (WEQ) which has a good yield and I am thinking more upside. Is there any reason you can think of not to make the switch? Thanks, Bill

Q: Could you give me your current view on Vale. I have concerns on it and am considering selling it and buying Pembina or Riocan. I am looking for long term capital stability and reasonable dividend.