Investment Q&A

Q: Any comments on the announced acquisition and financing?
Jerry

Q: ENB has been buying back stock at much higher prices and now does a bought deal stock offering with the banks at a much lower price. Management would be far better using that money to purchase this deal they just made rather than diluting shareholders. Is this management team that effective? Looks like similar playbook to TIXT . Thoughts
Thx

Q: Could you please advise what percentages of there production is in oil, in gas, and in liquids for companies pey, arx, bir, tou, and ovv. Seeing that the new gas pipeline to the coast is expected to begin operations in early 2024 for LNG, I wonder which of these 5 companies is best suited to take advantage of this pipeline, or any other company that comes to mind. Many tnx.

Q: What do you think about the bought deal: "under which the Underwriters have agreed to purchase, on a bought deal basis, 89,490,000 common shares of the Company ("Common Shares") for aggregate gross proceeds of CDN$4 billion at an offering price of CDN$44.70 per Common Share ".

In after-hours trading the stock is down >6%. If it stays in the range after the selloff that means the dividend will be >7.8%. How high will the dividend have to be before you get concerned about a cut (I don't want another AQN surprise!)?

Is it a stock you would buy today, or wait for the dust to settle?
What would be a good entry point?

Q: What's your view on the ENB announcement today about its intended puschase of US Dominion utilities. Does a potential drop in the share price tomorrow represent a buying opportunity?

Q: Vistra has done well recently especially compared to other US conventional electricity companies which are mostly down this year. Can I get your thoughts on VST and if you think it is a good investment compared to other US utility options?

Q: My question is about Oil. Where you do you see oil going in the near and long term. If you are bullish, what Canadian companies would you recommend I take a look at. Looking at high risk high reward companies. I currently only own ATH. Thanks.

Q: please provide 5 names of Canadian stocks of companies in the energy space with the following attributes:

1. high sustainable dividend
2.long life reserves
3.good balance sheet.
4.good investor friendly management
thanks yossi

Q: Is this a good entry point and forward outlook for WEF?

Q: hits the important check marks i think. your comments would be appreciated thanks

Q: hi,
I was reading questions/answers this am. I noticed "John" today asked what to do with 4 equities that are down right now (AQN,Alaris, cargo jet,goeasy). I agree these seem like holds or buys right now. however, I am guessing John was looking for dividend payers with some growth(opposed to high growth, perhaps more speculative stocks), to swap with his current 4 (3,2,1??) equities he has at loss. he is retired. I am in a similar position, and would like your thoughts on potential dividend payers with some growth ( ie capital gains keeping up with inflation, at least ). cheers, chris

Q: Is BCE a buying opportunity at the current price and dividend yield over 6.5%. I assume the dividend is secure?

Q: Any concerns with BCE’s payout ratio being over 100%? TD’s analyst downgraded the stock last week as he noted that the Street has overlooked BCE’s cash costs related to the payment and servicing of capital losses. As a result, they lowered the FCF estimate by $550M which dramatically increases the payout ratio for 2023E to 148%, versus 119% previously. They note they see no near- to medium-term prospect for the payout ratio to get below 100% if BCE keeps raising the dividend 5% per year.

Q: I am down 32% in BEP.un (TFSA) and am thinking of switching to GSY (is it too late?) or ENB or QSR or PPL. I also own BN and BIP. Any suggestions?
Many thanks.
Connie

Q: hi,
can I get your thoughts on Alaris re recent news on partnership arrangement with Shipyard?
are you comfortable holding AD.UN right now and into the years ahead?
cheers, chris

Q: Hi 5i,
In response to a question of mine and questions from others over the past few months you have pretty uniformly rated GXE a hold - partially I think on the premise that the damage has been done. I am holding and I'm content to continue for a while.
I wonder though - given its small size and present earnings of - $52M - is there enough money there to justify it continuing as a public company, especially one that is shoveling money out the door every month in the form of dividend payments?
In the past year (and possibly for longer)Twin Peaks Capital LLC has been buying up GXE shares pretty regularly, and today it owns 2.51% of the company (6.5 million shares worth $5.7 million at todays prices). Insiders have also been buying.
Why would a business like Twin Peaks Capital LLC buy so heavily into a little public company like GXE - how does it expect to get a return on its investment? Capital appreciation seems unlikely. Is it just cashing dividends, or might it be getting ready to take it over itself or, alternatively, might it be trying to ensure it has a large and therefore profitable position when someone else takes out GXE?
Thanks 5i - I look forward to a better understanding of what might be going on.
Peter

Q: Further to Gordon's question 01 Sep any projections to when CVE and CNQ will each reach their debt limits and start returning the profits to shareholders (divs or buybacks) ? Thank you.

Q: Are you aware of any reason for Parkland to drop over 5% on over 5 times the normal volume yesterday? I couldn't find anything. The stock is held in my husband's TFSA with a good gain over several years. It is a small portion of our total portfolio. I had been thinking of adding on its recent positive momentum. Or selling to add to a partial new position in NWC. Thank you for taking the time to do a little checking. Have a great long weekend.

Q: Hi 5i,
What companies are on your lost of long-term hold dividend positions? I’m building a dividend portfolio and sincerely appreciate your always valuable perspective.

Thank you!

Q: Would like to take a new long term position in either BIP or BEP.

Can you provide earnings and revenue estimates for both?

Do you have a preference?

I see that you hold BEP in your income portfolio.

Thanks