Investment Q&A

Q: Hi there,
Just wondering why PEY went up so much today and also your general opinion for a 3 year hold in my account
Thank you

Q: Peter; Eric N. keeps saying he would like to buy WCP but the “ overhang” is stopping him. What is the “overhang “? Thanks. Rod

Q: Dear 5i,
If you were to invest 1 to 2% in a TFSA for a minimum 3 to 5Y hold in either LCFS or TWM which one would it be? Can you please comment on the debt levels of each? Can you please comment on how significant the carbon credits are for each? Would you expect tax selling for these two in the next couple of months and what do you think would be a very attractive entry price?

Q: This stock looks like a bargain. Stripping out any value for goodwill and you still have book value of $9/share. Shares trade at just over $6.40. Their business has really evolved and their recent carbon capture contract ( hard time even finding the news on it) is big. Lots of similar types of deals possible. This company reminds me IBI Group, another turnaround situation (Peter Lynch classification).

Q: opinion

Q: Refineries seem to be in a sweet spot with no new refineries being built recently and anticipated strong demand in the near future. Would investing in this sector be prudent in these volatile times and if so what company would be your best pick. Thanks

Q: I am on the sidelines right now. If the market drops significantly I will buy back in. If it does drop enough for me, which 6 oil and gas stocks would you buy? Majors, micro, US, Canadian. It does not matter to me.

Q: Comments please on this morning news.
Jerry

Q: Hello,

Given the current bottlenecks for natural gas in Europe and the long time frame to ramp up LNG conversion/processing facilities - are there any Canadian conpanies that could benefit from this demand over the next 5-10 yrs and how well are they positioned in terms of supply and strategic focus?

Thank you

Q: Hi 5i Team, could you provide some clarity please.

Josef Schachter of Schachter's Eye on Energy, recently made this statement, among others, in respect to fallout from the EU/Russia energy issues. I am trying to understand exactly how this could manifest into a colossal crises. Can you expand on the following quote and provide a better explanation. In your opinion, is there any merit to the quote? Thanks:

"Margin calls are being faced by energy producers in Europe. Norwegian giant Equinor sees energy trading desks needing US$1.5T to meet margin calls. This could be worse than the Lehman incident in 2008. The problem is not with the physical markets but with the derivatives market. This is a financial crisis of much greater magnitude than the Global Financial Crisis of 2008-2009 (GFC)."

Q: Good morning,

Q1. What are your thoughts on TVE's recent purchase of Deltastream after just purchasing Rolling Hills Energy?

Q2. Do you expect this purchase to be accretive in the medium term?

Q3. Do you recommend purchasing additional shares now or after the Deltasteam deal closes.

Thank you for the sage advice.

Francesco

Q: Many experts, including yourselves, have picked TVE in the mid cap space. I have owned it for about 8 months and it has not been keeping pace with other midcap energy stocks.
Could I get your thoughts on the reasons and do you still like it. If not, could you recommend a couple other names.

Q: Can you explain the extreme volatility of KRBN in recent months. Is this a safe long term investment? Your thoughts please.

Q: Hi 5i team.
about 6 weeks ago sold AQN for a tax loss and increased position in FTS and bought some BEPC on top of BEP.UN as I am thinking of switching to BEPC to make life less complicated tax wise.
Problem (and a good one to have) is that I have a large capital gain in BEP.un.

Utilities portions as total of all portfolio.
BEP.UN is about 2%
BEPC about 1%
Fortis about 2%
Polaris about 1%

Question is what to sell or reduce to add in AQN back at about 2%?
Would you suggest a different mix?
I like the dividends and am OK w slow to moderate growth - retiree and looking at conservative ongoing investment. (I like all of these stocks.)

I am willing to pay some taxes as I worry about the capital gains tax rate rising at some point under our current government.
Subtract as many questions as needed.
Thank you.

Q: I currently own ENB and considering buying more or initiating a new position in CNQ. Would you have a suggestion to which you prefer?

thanks

Q: 3 questions

What is the annual return for ENB since it went public when you include dividends & largest drawdown?

Would a 20% position in ENB for a retired person looking for income make sense?

What are the 5 safest Canadian & US stocks that would provide the best protection against drawdowns?

Q: Hi Team,
With the recent slump in some of these oil names, do you see a name like WCP being bought out by a bigger company such as CVE that operate in some of the same area? You would think M&A would start happening with valuations where they are on some of these names. CVE with a P/E of 10.9, and WCP only having a P/E of a mere 2.0 (according to my trading platform numbers). This all being said, is it time to buy some of these high quality mid cap oil names that have been hit recently? Your comments are appreciated.

Q: Hi. What is your view of MEG's prospects in the next couple of years?

Q: I have an account where income and safety of capital are the primary objectives, though a bit of growth is also helpful. I presently have Capital Power which has done well in recent months. Since it has been somewhat flat during the same period, I wonder if a switch to Algonquin offers a chance to have the same primary objectives but a bit more opportunity for some appreciation. If it were you, would you make that change, and why or why not? Thank you for your excellent service.

Q: So what is up with this stock? It seems bullet-proof.
I want to be part of this sector for the long-term but never seem to get a chance to enter as it barely retreats.
What would you suggest as an entry point for half a position?