Investment Q&A

Q: Tou & Topaz deal announced. Would it be beneficial to own both stocks or will TOU still derive income from topaz.

Q: Hi Peter,
In a reply to a question today you said ENB would become a "Cash Flow Monster" if they stopped investing in new growth initiatives. Agree.
1. Would you consider the same assumption for PPL?
2. And if new growth initiatives were/are to diminish over the next 1 -30 years due to the increase in renewables what would you see ENB/PPL most likely doing with the increased free cash flows?
Thanks as always for your perspective.

Q: Hello,do you think these 2 stocks will benefit from Trudeau's clean tech announcement and if not are their companies you would reccomend that could benefit from this...thanks

Q: I hold PKI and ENB.
What do you respond to those who are saying to let go all fuel related stocks. I was having a conversation today where the other party was hard set on the world going green and will be needing less and less fuel. I think we are at least one decade or two away. What are your thoughts?
Thanks

Q: Your thoughts on CVI ? Thanks

Q: What is your overall analysis here? Is this one a Good buy?

Q: Dear 5i,

Will IPL's recent sale of European oil storage business have a meaningful reduction to their overall debt situation?

Q: I have a question about my TFSA - is there decreased value to own US-traded income stocks in a TFSA? If I'm obliged to pay non-resident withholding tax, doesn't that partially defeat the benefit of my TFSA? In particular, I've read with interest the 5i researchers' (the "5iR") position that ENB is generally favoured over PPL presently. Would the 5iR's position change if the holding were in a TFSA? Is the withholding tax a material concern?
Thank you in advance for your advice,
IK.

Q: What are the prospects for BLX and advise if both positions should be held or sell 1 and invest proceeds in the other.

Q: What is your opinion on the safety of Chevron's dividend?

Q: I own all of the above. Natural gas seems to be in favour at the moment and getting a nod for the future by a number of analysts. Which of these three has the best upside ? Thanks

Q: I think this question may be more about financial statement understanding, or oil & gas reporting specialization, than investment, so it may be beyond the scope of what you can advise?
Kelt's most recent quarterly report includes a $260 million impairment charge on their assets ("CGU") -- that magnitude is huge and is the lions share of their (huge) quarterly costs and loss.
Are you able to provide any explanation or further information about this transaction?

Unrelated, I see today's large insider purchase -- looks like a substantial vote of confidence?

(I have a tiny piece of KEL in my TFSA)

Q: I am looking for a couple of suggestions for US stocks that would be similar conservative and yield as Fortis on the Canadian side

Q: TD model portfolios removed all the energy and pipeline positions from their portfolios .
Do you think we have reached peak energy Is it a prudent move to remove all pipelines from my portfolio
I am a retired investor and depend on the pipeline dividends for my daily living expenses Your answer would be greatly appreciated
Paul W

Q: Good morning
I like that FRU does not have direct exploration and production risk, and was considering FRU for 'safe' income and some growth in dividend and capital over time. The surprise resignation of the CEO gives one pause. Does 5i have any information on why Thomas Mullane resigned? Does 5i see underlying red flags here? How does 5i rate FRU's overall position in the industry for 'safe' income and some growth in an industry under pressure?
Thank you.
Edward

Q: On a day where every energy company is up why would PXT continue to fall? Do you see changes in fiscal agreements with Columbia as a concern at this point?

Q: I have an old small position in Precision Drilling, which I can sell for a tax loss. I have been suffering with this small position so long, now, that I wouldn't like to sell it just when it pops! Any idea what I can watch as indicators regarding where the stock might go in the period of a month? And what would be a suitable placeholder substitute, which might have the same ability to bounce as PD under favourable circumstances?
thanks

Q: hi. in regards these pipelines: 1) how much are these stocks dependent on the price of oil, on the volumes of oil through their pipes, and where that oil is being shipped from (eg Canada) to ( eg Canada or the US ). 2) do these stocks need growth in the tar sands for their growth? 3) how long a runway do they have with our weaning off oil?

Q: There is no doubt carbon energy stocks are out of favour for many reasons, not least of which is the green movement. The future is all leaning toward electric vehicles (which I agree with), but I also realize electricity isn't going to appear out of nowhere. I could be completely wrong, but I don't believe wind and solar will be able to replace fossil fuels anytime soon. It's "very" possible more sustainable energy will appear down the road to replace fossil fuels, but so far I haven't seen a golden goose. I also think the Big Tech Companies are getting away easy when it comes to climate change. They are using a lot of electricity (and producing Co2) to run the steadily growing Data Centers (the Cloud). They claim they are using mostly sustainable energy, but I don't buy it. At work, even small communication rooms need a fair amount of cooling. Also most computer components, phones, etc. are throw away items filling landfills. So this is just an opinion I have today which could change, but wondering what your thoughts are on this?

Q: I have a fairly large position on VET averaging at $5.27/share, comprising of 13% of overall portfolio, which I can hold on for 1 - 2 years. With the price now at $3.94.. I am considering if I should hold on or buy more to lower my average cost. If I recall correctly, you mentioned earlier about VET having a going concern issue.. and also having a good bounce in recovery; if it survives till then. I'd rather hold than book a loss; I'll sell only if its a major going concern issue.

Can you please advise if I should hold, buy or sell. I will make my own decision on what works best for you me; but your candid advise would be very helpful. Much thanks for your excellent service!