Investment Q&A

Q: Why is Fortis trending down for the last month.

Q: Please, your analysis 🧐 thank you.

Q: My question is about the Enbridge preferred share ENB.PF.V. I received notice that I have the option to convert my cumulative redeemable preference shares, series 5 to series 6. The series 6 annual dividend rate is 6.7%. If I do not exercise this option then the preferred shares will remain as series 5. The letter I received does not state the consequence of not exercising my option. I’m guessing that if I keep my series 5 preferred shares then the annual dividend rate will remain at 5.4%. Is that correct? Thanks … Cal

Q: With steel prices having moved up a fair bit over the last few months, I have been surprised at the continued weakness in shares of STLC. Now down to $40. The company paid a $3.00 special dividend in each of the past 2 years, and also pays a regular 42 cent quarterly dividend, so a trailing 12 month yield of 11.5%. Solid balance sheet. What do you think of it at this price, and is there an earnings forecast for 2024?

Q: Telecommunication stocks in the US and Europe, such as AT&T and Vodafone, have consistently experienced a long-term downward trend. While investors appreciate the generous dividends, they are wary of the potential capital losses. The question arises: Will Canadian telecommunication stocks, like BCE and Telus, eventually mirror the trajectory of their US and European counterparts? Thank you.

Q: What is your current view on TPZ over the next 12-15 months?
Research that I have seen seems to indicate positive growth expectations over the next year but I am not convinced that the markets are viewing the company in the same way. I own the shares, being down slightly, and I am debating whether to continue holding the shares or to sell? Your thoughts please. Thanks.

Q: Ever since it announced on Jan 30(after markets close) that Q4 production exceeds guidance and that it may drop in Q1 due to poor weather,Erf had dropped some 5.81%.Reports on Feb 22. Please comment & U opinion on the co. Buy-Add/Hold/or Sell. Txs for u usual great services & opinions

Q: Hi guys at 5 i's

I know that nat gas prices are in the doldrums and if this mild winter continues nat gas is not going to get much of a bid. But Tourmaline TOU is getting down into the mid $50 again and the last year or more whenever it gets back down there it usually doesn't take long to go back to the mid $60's. I own a core position in TOU because of the dividends and the chance that if nat gas goes up for some reason (problems in exporting LNG from Qatar/freaky cold weather, etc.) that TOU will rock upwards. Still I am tempted to trade some additional shares of TOU. I was doing that with ARX but sold out of ARX in the $21.50 range not long ago and I am waiting for a under $20 share price on ARX to get back in. Where do you think TOU might bottom out if nat gas stays low all year because I can't see it going much below the mid $45 range.

Q: Hi 5i,
On Feb 1st you included BCE as one of the companies with the safest dividends on the TSX.
On Feb 2nd the answer to a question on BCE was "and its free cash flow has been declining over the past few years. Over the past 12 months, its free cash flow is not sufficient to cover its dividends, and the company has issued debt to service these payments. Its debt-to-equity is climbing, and its net debt/EBITDA is high at 3.6X."
The 2 answers seem to be a bit of a contradiction. I understand you are referencing free cash flow (after capital expenditures) are not sufficient.
Would it have been better said that they are issuing debt to finance capital expenditures and infrastructure than to pay dividends?

Q: I am considering purchasing one of the ETF's for income as well as total return potential over the next 3-5 years. Which one you do you believe has more value?

Q: Would you consider the dividend secure and has it ever been cut? Tks Larry

Q: noticed yesterday td action notes downgraded bce for the next year from 57 to55.
they also said they think that bce will only raise dividend 3% this year instead of the usual 15 year run of 5%. what is your thought and if this does happen do you think
some income investors will leave

Q: Hi, comments on the quarter?


Thx

Q: In regards to the comment of the energy sector being very very cheap.
If you had zero exposure to the energy sector, and only cared about total return and growth.
What would be your 4 top picks to research?

Q: I am wondering if you can comment on their recent earnings release and also if you can provide the FFO multiple range the stock has traded at over the last few years...Many Thanks...Cheers

Q: Now that Trans Mountain will soon be in service, are there specific oil producers or energy companies that 5i think may benefit the most to the bottom line and share price.

Best regards,

Tom

Q: If natural gas averages $2 for the entirety of 2024, could $pne choice there almost 10% dividend?

Q: Which 3-4 tsx stocks would you consider have the safest dividend?

Q: Hi, looking to invest 70,000 in two etf’s one Canada one U.S in a rrsp. (or two U.S. etf’s as I have no U.S holding yet)
Two suggestions that are a conservative sleep at night, and longer term hold, with a 2+% dividend.
Also would like to have if possible a balanced sector allocation. I already have lots of financial and oil- gas stocks, which is heavy in Canada.
Hope this makes sense?
Thanks

Q: Looking to add 1 of above etf to my tfsa for a 3 to 4 year hold would you please analyze and compare. Which would you recommend? Is there a tax implication to consider? Thank you.