Investment Q&A

Q: How significant is the announced strategic partnership this morning?

Thanks

Dave.

Q: I am thinking of adding to SYZ after their recent credit facility announcement. Talking about having 80 million available for aquisitions (40 from the credit facility with good terms). This seemed to be a past knock on the company (not as much top line growth and not putting cash to work). What do you think? Thanks

Q: My understanding is that higher interest rates would help ECN (please correct me if I'm wrong). If so, I'm trying to understand why it has rebounded as much as it has since March. Can you comment?

Q: Based on BIP.UN and BIPC performance i'm thinking of switching from BEP.UN to BEPC on the first day of trading. I think July 24th is the ex-date and that BEPC trades on a when issued basis starting the same date. Please confirm. I know there are tax pros and cons but as an investment can you comment on the short term and long term of doing this switch.

Q: As BEP.UN absorbs the remainder of TERP this quarter and pays for it with BEPC shares, what impact do you see on the stock going forward?
Thanks
Bob Rose

Q: I am a retired, dividend-income investor with a company pension, CPP, OAS and some Insured Annuities. I wanted to get your views on our asset allocation. Currently we have the following targets by asset class (in the equity portion of our portfolio):
Finance = 17.5%
REITs = 7.5%
Telecom, Utilities and half of Pipelines = 22.5%
Consumer Staples & Disc = 17.5%
Health = 2.5%
Industrial = 10%
Tech = 10%
Energy and the other half of Pipelines = 10% (actual is 7%)
Materials = 2.5%

While I believe pipelines should be 100% allocated to the Utilities sector, they seem to trade more like the Energy sector...hence the 50-50 split. Also I normally have 20% allocated to the Consumer sector, but we have reduced the Discretionary sub-sector for a period of time due to COVID.

I read years ago that something like 75% of your returns are associated with your asset allocation as opposed to your stock selection. Our portfolio is set up for mostly dividend generation, with some capital growth.

Question 1 = Do you see any red flags with our allocation targets?

When I attempt to replicate the 5iR Income Portfolio into my system, I note 5iR has a significantly higher weighting in Consumer and Industrials...while significantly lower in Health, Technology, Energy and Materials.

Question 2 = Are there reasons for the lower allocation weights in the last 4 sectors...higher risk maybe? I am asking so I can fine-tune my own allocations, which don't change much over the years...maybe 2.5% here or there from time to time.

Thanks for your help...much appreciated...Steve

Q: I was wondering Enbridge has a place in a carbon free energy world. As far as I know, that would involve transmission of natural gas (a fuel used more for the transition away from carbon based energy), or perhaps hydrogen. None of this will happen for a while, however sentiment seems to Really affect the stock price.

Q: Your thoughts on SIS's preliminary results. Txs for u usual great services & views

Q: How would you rank this company at this time for increasing a currently small position in a portfolio? I am figuring people will be travelling more thus increasing demand for gas. Thanks Donna

Q: You listed KXS as one of your favorites to buy now, but at 120 p/e it's been hammered this week. Is it not overvalued and likely to stagnate or fall over the coming weeks/months?

Q: ET is an income stock that cut it's dividend and is now not producing much income. It is in your income portfolio, is ET going to be replaced? If so with what? I follow your income portfolio very closely so this is of great interest. Thanks Ron

Q: Based on your balanced portfolio, which 3 stocks would you be comfortable adding in this environment for a long term hold investor.
Thanks as always.

Q: Any ideas what is mving this today? Thx

Q: Hi Guys,

From your Model Income Portfolio, which would be your top 5 picks at this time. Thanks

Dave

Q: What circumstances are most likely to move GSY both in the short and longer term?
Thanks.

Q: Peter Et al;
Just a note to Frank and Enb- Csu,shop and a few others that 5i recommended also at one time were out of favour but seem to be doing ok now. Picking one stock out of all the ones recommended that hasn’t performed - yet- seems a bit premature.
Rod

Q: As per a New York Post and WSJ articles, ATD would be interested in acquiring Speedway from Marathon Petroleum and is apparently looking at selling some of it US Circle K gas station to appease US regulators and, maybe, to free some cash. What would be your views if this transaction materialize.

Q: This stock is one of my favorites thanks to 5i but seems to be lagging for the past couple of months. Is it a cyclical issue? Any concerns?

Q: I see that REAL is reporting at the end of the month. Wondering if you could give me the estimates that are expected? Also, I am curious to hear if you have any thoughts on earnings, (beat or miss) or if you could give your own expectations?
Thanks for everything,
Josh

Q: Hi Peter/Ryan seeing that SHOP has risen so much from when you first put it in the Model portfolio at 28.84 is it to late to invest in it now at these levels. How much more upside could there be. Thanks, Nick