Investment Q&A

• Brookfield Renewable Power Preferred Equity Inc. Class A Preference Shares Series 1 (BRF.PR.A $24.64)
  • $24.64 Cap: $16.48B
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• Brookfield Renewable Power Preferred Equity Inc. Class A Preference Shares Series 2 (BRF.PR.B $21.95)
  • $21.95 Cap: $14.79B
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• Brookfield Renewable Power Preferred Equity Inc. Class A Preference Shares Series 3 (BRF.PR.C $26.09)
  • $26.09 Cap: $17.16B
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Q: Hi there,

I’m looking for a preferred for a small portion of my portfolio. These BEP preferreds are floating rate variety. Can you tell me how they will behave with the current interest rate forecast and which one to buy?

Thank you.

Upvote 1

Read Answer Asked by Robert on June 24, 2024

• BCE Inc. Cumulative Redeemable First Preferred Shares Series AD (BCE.PR.D $20.60)
  • $20.60 P/E (TTM): 5.06X Cap: $31.46B
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Q: Your thoughts on this one? Both in terms of capital protection and the sustainability of the dividend (10%) over the next 2-3 years

Upvote 4

Read Answer Asked by Randy on June 21, 2024

• Brookfield Corporation Class A Preference Shares Series 4 (BN.PR.C $12.90)
  • $12.90 P/E (TTM): 93.49X Cap: $147.99B
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Q: The price of BN.PR.C has dropped significantly since the first week of May. The steepest drop was at the time of the prime interest rate decrease by the B of C. Should one expect similar price drops as interest rates decrease? This preferred share now yields 11.46%. If looking for income, would you have any concerns regarding buying a part position now?
Thank you.

Upvote 1

Read Answer Asked by Dennis on June 19, 2024

• Ravelin Properties REIT (SOT.UN $0.20)
  • $0.20 Cap: $18M
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Q: Looking at the balance sheet is this a bankruptcy ? The conv debt is trading at 30 cents on the dollar. What is the outlook and is there a play on a turnaround?

Upvote 1

Read Answer Asked by Scott on June 19, 2024

• Brookfield Corporation Class A Preference Shares Series 4 (BN.PR.C $12.90)
  • $12.90 P/E (TTM): 93.49X Cap: $147.99B
  • View BN.PR.C Profile
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Q: Looking back, I have had this in my RRSP for many years and it always seems to be in negative territory. I don't really understand what it is/does. Should I be rid of it. Thank you.

Upvote 2

Read Answer Asked by ANNE on June 10, 2024

• Fortuna Mining Corp. (FVI $14.99)
  • $14.99 P/E (TTM): 14.84X Cap: $4.58B
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Q: Do you know of any reason why the shares of Fortuna dropped so much this morning. The only news I can find relates to some Notes that are being issued and some other Notes being retired.Thanks

Upvote 1

Read Answer Asked by Michael on June 05, 2024

• Timbercreek Financial Corp. (TF $7.11)
  • $7.11 P/E (TTM): 16.3X Cap: $587M
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Q: Could I have your thoughts on the new CON DEB issue- assume it ranks above the common dividend - but at 7.5 % still high risk ? Ok for a limited investment

Upvote 1

Read Answer Asked by Scott on May 22, 2024

• AltaGas Ltd. cumulative redeemable 5-year rate reset preferred shares series G (ALA.PR.G $25.61)
  • $25.61 P/E (TTM): 16.25X Cap: $12.26B
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Q: The share price has steadily increased recently. Was it because the five year anniversary is approaching? If I don’t sell by the anniversary date, what will happen?

Thanks,

Upvote 1

Read Answer Asked by Liping on May 13, 2024

• Rogers Sugar Inc. Sixth Series 5.00% extendible convertible unsecured subordinated deben (RSI.DB.E $100.00)
  • $100.00 P/E (TTM): 13.24X
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Q: What are details about RSI.DB.E? Would you recommend holding for income? Will it mature on 31/12/2024?

Upvote 1

Read Answer Asked by Robert on May 13, 2024

Q: Is there I sight that provides information about convertible debenture market in Canada?

Upvote 1

Read Answer Asked by Robert on May 09, 2024

• NexGen Energy Ltd. (NXE $17.06)
  • $17.06 Cap: $10.85B
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Q: hello 5i:
please comment on the following headline:

NexGen Announces Strategic Purchase of 2.7 Million Pounds of Uranium with Issuance of US$250 Million Convertible Debenture

Obviously the market didn't like it. Did they pay too much for the product? How could this help them going forward? Will the debentures be available for retail buyers and at what price? How does 5i feel about the debentures on a risk/reward basis?
Add as much colour as you feel is relevant.
thanks
Paul L

Upvote 3

Read Answer Asked by Paul on May 09, 2024

• Partners Value Split Corp. Class AA Preferred Shares Series 13 (PVS.PR.K $25.31)
  • $25.31 Cap: $1.46B
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Q: What is the due date of this pref? Also, I don't fully understand this split share, can you provide a high level overview?

Upvote 1

Read Answer Asked by Cory on May 09, 2024

• Dividend 15 Split Corp. Preferred Shares (DFN.PR.A $10.39)
  • $10.39 P/E (TTM): 10.96X Cap: $937M
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Q: hello 5i:
last question on this preferred over a year ago. Can you give me an update and do you consider it buyable? Safety rating would be beneficial.
thanks
Paul L

Upvote 1

Read Answer Asked by Paul on April 18, 2024

• Brookfield Renewable Partners L.P. Class A Preferred Limited Partnership Units Series 15 (BEP.PR.O $24.99)
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Q: If BEP.PR.O preferred shares are going to be redeemed for $25 on April 15, why are they trading for $25.25 today. I own these preferred shares & am wondering if I should sell today for an extra 25 cents per share or wait until April 15. I have enough shares to cover the $9.99 commission fee. Thanks … Cal

Upvote 2

Read Answer Asked by cal on April 05, 2024

• Brookfield Renewable Partners L.P. Class A Preferred Limited Partnership Units Series 15 (BEP.PR.O $24.99)
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Q: According to Prefblog.com these preferred will be redeemed.
I see nothing on Brookfield site (not unusual) https://bep.brookfield.com/bep/stock-distributions/preferred-shares , or Yahoo Finance.
Do you know more? Thanks.

Upvote 1

Read Answer Asked by Denise on April 04, 2024

Q: Are you aware of any Canadian companies that have issued a convertible debenture in US dollars?

Upvote 2

Read Answer Asked by Andre on March 28, 2024

• Constellation Software Inc. (CSU $2,706.89)
  • $2,706.89 P/E (TTM): 63.84X Cap: $56.55B
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• Constellation Software Inc. Rights (CSU.RT $0.01)
  • View CSU.RT Profile
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Q: WTS-CONSTELLATION 31MAR40: I have 22 of these in my TD SDRSP account. I have tried to figure out what to do with them by looking at previous question ... mostly from last September. Any suggestions? Thanks Dan

Upvote 1

Read Answer Asked by Danny-boy on March 25, 2024

• Brookfield Office Properties Inc. Class AAA Preference Shares Series GG (BPO.PR.G $21.18)
  • $21.18 Cap: $9.77B
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Q: I purchased these shares for average of 10.26 at end of Dec.,they are now about 14.25 and pay an 11+% dividend.Do you see any more upside as I'm considering purchasing more.Thanks for any advice you can provide!!

Upvote 2

Read Answer Asked by terry on March 12, 2024

• Pembina Pipeline Corporation cumulative redeemable rate reset Class A preferred shares Series 17 (PPL.PR.Q $25.75)
  • $25.75 P/E (TTM): 18.76X Cap: $31.13B
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Q: on march 31 we can get 6.6% for 5 years or go to boc rate plus 3.01% which today is 7.991% what is your advice thank you brian

Upvote 2

Read Answer Asked by brian on March 12, 2024

• Capital Power Corporation cumulative minimum rate reset preference shares Series 11 (CPX.PR.K $25.00)
  • $25.00 P/E (TTM): 8.04X
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Q: Hello Peter and Staff
This pref has been hovering near par for sometime . I was wondering if it is because people feel it will be redeemed due to the high expected renewal rate ? Has the company published their intention and if not what do you feel might happen?
Thanks for all you do
Dennis

Upvote 1

Read Answer Asked by Dennis on March 12, 2024