Investment Q&A

Q: I know you’re not big on TA (Transalta) and you have commented that it’s only a hold for income. I’ve held TA for 10 years and in that time many have commented that they (TA) do not earn the dividend, however the dividend is supported by the cash flow. It’s been that way as long as I can remember.

Today TA suspended their “Premium Dividend Program”, which I think just allowed shareholders to purchase shares at a discount. Do you see this as a early warning that the cash flow supported dividend might be in jeopardy or is this just a reaction to the stock trading near its 52 week low?

Thanks

Q: LIQ (Liquor Stores) just came out with quarterly earnings that seem on the surface to be decent numbers. However, the bottom lines seems to be eroding with Earnings per diluted shares this quarter sitting at only 6 cents (which is 40% drop from the quarter a year ago). The dividend right now sits at 27 cents, which means the payout ratio is pretty high. Do you think the dividend is secure?

Q: RSI Rogers has dropped to $5.96 so wondering if it is a good buy here? And how do I find out ahead of time about special dividends being paid? Thanks very much. Helen

Q: Can you give your opinion on what you think of high yield bonds at this point in time? How is buying TSX: CHB, iShares Advantaged High Yield Bond Fund?

Q: helllo again, thank you so much for answering all of my questions.... interpipeline fund ipl.un has been going down lately even with up markets.... should i be concerned... I have made a nice profit on this stock.... should I sell? taxes involved and a good dividend.... linda

Q: Should I bail on ATP which I bought at 11.32?? Tom

Q: Could you please give me your outlook for Veresen VSN.

Thanks

Dave.

Q: Can I get your evaluation of Gibson Energy.

Thanks

Q: Bell Aliant(BA-TSX) is trading at higher than normal volumes which has led to a very nice increase in stock price. Any idea why? Would you hold, sell or buy.

Thanks.

Q: Your opinion on Altagas please? Buy? Dividend safe? Growth prospects?

Q: Hello 5i Team. Will the new June 1 rule by the dairy marketing board on cheese, effectively allowing Canadian businesses to buy mozzarella at market prices, mean that either Boston Pizza of Saputo now get strong buy recommendations. I believe that the new rule will lower cheese cost by approximately 30% and mozzarella is a significant portion of each pizza. Thanks for your thoughts on this question.

Q: Peter and team,

I have owned keyera pre $40.00. It has had a very good run lately and seems to have gotten ahead of itself. Is it worth continuing to hold here?

Thanks

Q: Re: EXE (Extendicare)
Hi,
I was puzzled by the wild ride this stock had in yesterday's trade. Was up almost 10% in the morning and of course way down (28%) by end of day.
Yes, I understand the reason it went down so much later, due to the big dividend cut. However, I'm totally confused about the way some news obviously must have passed around the large number of investors who "knew something was up" earlier on.
Just how and where is this kind of info available, since no news or public announcements were published about the company before this happened.
I am really turned off about this whole thing, how some investors are privvy of confidential info and many others are not. Was there inside info provided and why does it happen so often ? (See most recent price swings for CAE up 10% in one week).
Thank you for your comments.
Paul

Q: In the past I have held both CPD and ZPR etfs. Given the risk of interest rates eventually starting to move back up. Would ZPR be a better "buy and put away" long term hold

Q: Peter what's your view on the Canadian banks - many articles recently on the risks facing the banks - housing bubble, debt levels etc - so far at least, the banks don't appear to have gotten the message that they should be going down - what are your thoughts in general - thanks in advance for your feedback.

Q: I have been following a trust company srv.un sir royalty trust would appreciate your thoughts thanks

Q: Hi Peter,
Great information. I have held Sun Financial for several years, and have seen its value eroded, although still providing a decent dividend. Would it be advisable to divest on a portion of my holdings in this company? I'm looking to replace it with other div. stocks.

Thanks,
John

Q: Hello Peter & team,
I am thinking of adding to MSI-t. (about 2.8% of the portfolio at present).
It seems to have been in a downward trend since reporting in March, but has just popped its head above the 20 day moving average. MSI seems to peak seasonally in about March of each year.
What do you think ?
Paul.

Q: Hi Peter, my question is about BEP.UN which is rated "A". When one looks at BEP.UN stock quote on the Web (see link below),one sees: EPS -0.38; Forward P/E 105.90. Is there something I do not understand? May be these numbers are wrong? Thanks, Gervais

http://www.theglobeandmail.com/globe-investor/markets/stocks/summary/?q=BEP.UN-T

Q: Hi Peter, I hold BCE in several accounts, and it has done very well. However it is becoming a disproportionately large holding in these accounts, so I wish to sell some in exchange for Telus. Should I wait until Telus has a bit of a pullback, or do the telcos tend to move up and down together and thus it does not really matter. Thank you.