Investment Q&A

Q: is the yield on these justified? also what is the growth rate going forward on these ones?

Q: I presently hold BIP.UN in a RIF. This is primarily to simplify the tax situation of a limited partnership. Does BAM.A have any tax ramifications other than capital gains if held in a trading account?

Thanks

Ron

Q: Hello 5i team,
Since I think the probability of a competing bid is close to zero, and the closing ability of the buyer is good, I want to understand the price at which PJC.A shares trade.
The facts: each shareholder can choose between (1) cash = 24,50$ or 0,61006 MRU (currently 26,09$); the aggregate consideration will be 75% in cash + 25% in MRU shares. Currently, MRU = 42,78 and PJC = 24,83 =>75%+25% = 24,90$.
Can I expect PJC shares to trade directly on this 75% & 25% prorata? Will the Coutu family exclusively get shares (they will get 2 seats on the board)? If yes, than there won't be that many shares of MRU available for the rest of PJC shareholders. Today, no PJC shareholders would choose to be paid 24,50$ cash, all would choose 100% MRU shares (price 42,78 x 0,61006= 26,10$). If I have no particular desire to own MRU share, and if I want to maximize my wealth, what should I do, if I cannot forecast MRU share price? The difference between the current price of PJC.A shares 24,83$ and the 75%+25% sum 24,90$ is very small for a transaction that will close between March and June 2018
Thank you, Eric

Q: Hi Peter and team,

Reading some of your past comments on Cascades Inc your main concern is with their large level of debt. Looking at MSN.com, they show that the company has a debt/equity ratio of 1.2. When comparing this to another company that you really like (GSY), MSN.com shows that it has a debt/equity ratio of 1.5 - much higher than Cascades, but you don't ever mention the higher debt/equity ratio of GSY.

Could you please tell me why Cascades debt level is a much greater concern for you than GSY's debt level, even though GSY has a much higher debt/equity ratio?

I'm considering purchasing one or both of these stocks and just trying to understand why your much more negative on Cascades than GSY (and I know they're in different sectors and tough to compare the two).

Cascades trading much lower than price to book and looking pretty attractive at these levels.

Thanks in advance

Q: Hi, In your opinion, which would be a safer investment over a five year time frame, xhy, U.S. high yield bond index fund or Bam.a Brookfield asset management "A" stock, thanks?

Q: My son is returning to studies and investing what he earned as buy and hold for 4-5 years. He put two-thirds in balanced mutual funds with Canada, US and International exposure and now wants to invest the remaining one-third in individual Canadian stocks. He has enough for 4-5 names and already invested in Enbridge. What would you suggest as solid names for the remaining four given his time frame? Thanks.

Q: I would like your opinion on Velan Inc VLN in Toronto with the recent passing of thew founder. Would you think this would add to the odds that this company is sold?

Q: Team,
I hold both of these ( retired income investor) and wondered if you could add any comments with respect to each as a longer term hold for growth and dividend safety and are there any ther companies in this space that like better or just as well?
Peter

Q: After owning potash for a couple of years and now at exactly where I bought it, would you keep it? Is there growth potential? It has been in a narrow trading range for two years so is it ready to break out. Is the agrium/potash merger a good thing for potash stock.

Q: Hello Team,
Would you consider this for your list of forever companies and with it's size and diversity, what would you consider maximum allocationin one' portfolio.
Thank You,
Barry

Q: Hello Team,
I have been considering taking a position in ITP (Intertape Polymer Group) for medium to long term.
It has sold off quite a it lately and would like to to know if you guys think it a good time to buy now or is there a good reason for the sell off and i should wait to see if goes lower.
Thank you very much,
Denis

Q: Comments

Q: It has had an 8% drop at the end of the week. When I checked with Globe Investor there was an indication beside it - upgrades and downgrades. Do you know anymore than I do? DOO - (BRP) I notice that people have written in about the decline in the stock and you had mentioned about a secondary finance. What does that mean? Does that mean they issued shares, they borrowed money? Could they be falling in sympathy of Bombardier's court loss to Boeng? Thanks Dennis

Q: I haven't seen any news announcements. What happened to Norboard today? All gains for the past 7 days wiped out on decent volume.
Thanks,
Philip

Q: I have a loss on Clr,is it time to sell before tax loss selling to minimize damage?

Q: I own CFP,WEF,and WFT. All three are down 2 or more % points this morning. Would you read anything into this drop such as NAFTA or otherwise? With thanks, Bill

Q: Hi the great team, can you name a few stocks with good momemtum. Thanks always.

Q: Bird is up about 10% since announcing it's 50% acquisition of Stack Modular and is the best 3 month performer amongst it's peers (ARE, STN, WSP, SNC). Do you think further price gains and dividend increases will result from the Stack acquisition or will it remain range bound?

Q: I hold Metro in a diversified income portfolio where I reply on dividends and some growth to support my financial needs.I am wondering if you would advise selling and taking profit on Metro and replacing it with GC?Also could you explain from view Metro's recent news?

Thanks and I enjoy and appreciate your appearances on BNN.

Q: Hello Peter,
My Frescii shares have tumbled 50% and am not sure if it is worth holding. What is your opinion? Do i hold or replace it with prometic or crh medical or for longer term knight (gud). With respect to Jean Coutu, would you expect the stock to go above 24.50 at a later point (higher offer) as my average cost is about that range or simply let the merger go through and I will get cash and some metro stock. Thank you.