Investment Q&A

Q: Interesting comments from David Baskin yesterday on why he still holds HCG. Only 8% of their portfolio is insured, so new mortgage rules should have a limited impact, and estimated earnings are $4.00 so very cheap at current price. As a longterm holder I'm considering averaging down. Appreciate your advice.

Q: Peter, I've been thinking of CAR.UN for a long-term hold; it yields about 4.4% But I just saw Ross Healy (who I think has a pretty good track record for conservative investors) recommend Cominar, with its 10% yield. I have no need for active income; everything will be reinvested. For a long-term hold, would you expect someone to do better overall (including distributions of course) with CAR.UN or CUF.UN? The units will be held in an RRSP. Thank you.

Q: Can I get your thoughts on this Reit as a long term investment? It's relatively new still, cheap ($$ wise) and pays a decent dividend. It seems like almost guaranteed (I know that's a taboo word) since their tenants are grocery stores and people will always food.

Q: Hi I am confused by your answer on ROC in a tsfa In my opinion the tsfa is a ideal place for those stocks that pay a return of capital I have been doing this since inception .My tsfa hold mostly .UN vehicles
Kind Regards
stan

Q: In your opinion is par.un?I have continued to hold it for the 6.9% dividend but it is now well below my purchase price. Is it a sell or a hold?

Q: Sienna Senior Living has been undergoing a steady decline for a number of weeks now and I would appreciate your analysis on possible reasons. (1) Is the stock merely falling back to a more reasonable evaluation or (2) do the recent acquisitions of Nicola Lodge and Glenmore Lodge raise the likelihood of a new share issue going forward and shares are being sold in anticipation of a significant drop in price? As always, thank you for your valued opinion.

Q: Can you give an update on your expectations for MST.UN after the internalization process. (-) & (+)
Thanks
David

Q: What are your views on this company?

Q: Hello,

The following 5 companies are on my buy list to complete my portfolio:

PBH
TOY
NFI
BCE
CAR.UN

I have room for two in my TFSA, two in my non-registered and one in my RRSP. How should I divide the above 5 stocks into these accounts?

My plan is to buy on pullbacks. But I'm thinking about buying CAR.UN now because it has already pulled back on the mortgage news. Does this make sense?

Q: Currently I hold MKP in my RRSP with the intent of receiving income and as a long term hold.
Given the new mortgage rules should I be reassessing whether to keep this stock?

Q: Does BRE contain the Brookfield property management division or just the reality co.s like Royal Lepage ?

Q: I only hold one REIT:REI and I am not too happy with its performance. I was up 15% and now back to 0%. What do you think about a switch to AX to almost double the dividend and (I expect) capital gain when the stock recovers.
What do you think about the future prospects for both?

Thank you.

Q: Artis has been in a downtrend for a few weeks now. Is there a specific reason? How do you think this will end? Is it time to sell at a loss?

Thanks

Q: While I'm interested in asking about AX.UN, I'm noticing that the last few trading days have been tough for TSX REITS. AX.UN is mostly commerical, but I wonder if you can comment on the latest announcements by the Federal gov't to impose new rules on mortgages and how this might affect the commercial REIT market in Canada too.

Q: I have held rie for many years as a core holding In the last week it has been under a lot of pressure .Don't know the reason but is it time to move on
Kind Regards
Stan

Q: Artis, which has been heavily tainted by the Alberta economy collapse just sold C$171M of AB properties bringing their YTD total of liquidated properties to approx C$340M+. With AB's economy stabilizing with the price of oil, does all of this give AX.UN a good chance at a strong SP recovery over the next 6-12 months?

Carl

Q: Hi 5i team:

What is your opinion about dream office, I am really underwater on this one and seriously thinking to take a capital loss and move on. is there any hope for recovery ?

Slate office : what is you opinion on their management team, is now a good entry point ?

regards
Alex

Q: i asked 5i a few days ago about preferred shares vs reits. 5i response was that reits are favoured due to the fact they can grow their business/distributions over time but both sectors will be impacted by interest rate hikes. i know in the past you have recommended etf for diversification but i've looked at the reit etf's XRE, ZRE, VRE and I have concerns, rightly or wrongly, with either the weightings (Riocan, HR as % of holdings) or certain reits (DREAM) in each etf. what do you think of just holding REF and CAR as my reit holdings instead of an elf, especially given the pullback in those names over the last month or so? would these 2 provide enough diversification in the reit space? these would part of a portfolio with a fair bit of exposure to utilities, pipelines, banks. thank you

Q: unusual behaviour by Chartwell today falling back by 5% after a very pleasant run. I can't find any news so would this just be profit-taking?
Kind regards
G

Q: Greetings: What is your opinion of Plaza Retail REIT (PLZ.UN)? Thanks, J