Investment Q&A

Q: Please offer an assessment of these companies. hot.un would be a TFSA holding and GC a 1/2 position in a personal account. I currently have no holding in any recreation based stocks.

Q: Hi, what is your view of the REIT space right now? They are declining a lot today relative to normal stability, but have been strong lately. I have the ones listed as well as SIA with isn't technically a REIT but in the same area. I believe the new Real Estate category is coming soon, and the US election. In general is it good timing for the REIT sector over the next 6 months. And would you consider any other REITS better than the ones I currently own at the present time? I'm well diversified so I'm not over my % for the category, although could consolidate to fewer than 4 holdings.

Q: The results seemed OK. Guidance was cautious. The stock is down around 8% or so in the last two days.

What is your opinion on the results and on Dream Industrial as a long term hold. The dividend is quite attractive.

I also hold Pure Industrial REIT and would it make sense to stay diversified or move over the holdings from Dream Industrial into Pure Industrial REIT. Thank you.

Q: Can you please comment on the news today about the write down D.UN is taking. Is the distribution safe or do you believe there is another cut coming? It currently yields 8.9%. Thanks Scott

Q: Could you comment their results ?

Q: Your comments please on CAP REIT's operating results and your thoughts going forward. Am cautious on the impacts new foreign home ownership taxes will have on apartment valuations in BC and possibly Ontario. Apartment REIT's are coming off a bit. Do you see this continuing in light of the tax situation and a possible US rate hike this year.

Q: Which 3 reit's would you recommend for a hold of several years?

Q: Can you please comment on Csh.un & Crr.un earings. Both stocks are down 2%.
Would you consider as buying opportunity.

Q: Hi 5i team,
This REIT's share price fell almost 4% after the financials release on friday. As I believe eastern Canada will do well over the next few years, would you recommend it at this price, or could you propose better alternatives ?

Much thanks

Q: I have $20,000 to invest in a good, steady dividend paying reit with some chance of growth. Other reits we own are MST.UN and AAR.UN. Recommendations, please! - Ted

Q: Gentlemen

I am looking for a company to fill out my Real Estate space in my portfolio. Which of the above do you favour?

I am a conservative investor and with a good quality company be willing to hold for the long term.

Thanks

Q: What are your top recommendations for Canadian residential REITS. I am considering taking profit in Can. Aparts (CAR.UN) and would like to re-invest in the same sector.

Q: Hello team, Has anything change in your outlook for FCR (dated July 29) after their Q2 results?
Thanks,
Silvia

Q: Hi Peter, Ryan, and Team,

Today, would you be a buyer of MST.UN? The RSI chart would indicate that it's close to the "oversold" category. It would be for my RRIF which contains a well-diversified mix of mainly your recommendations. The only other "real estate" holdings are a position in each of FCR and IIP.UN, and no direct participation in the US market.

Thanks, as always.

Q: Hi Guys,

Is ZRE a good buy? 3 to 5 year hold.

thanks,

Jim

Q: I currently hold BPY (up 50% over cost) and H&R in my portfolio 4% and 3% respectively.
I am considering swapping BPY for BEP for the additional income. Your thoughts?

I also plan to crystallize my capital losses and purchase the following ETFs:
Non registered:
ZPW – US Put Write
ZWE – Europe Covered Call hedged to CAD.
ZWH – US covered call
CPD – CAD preferred
XRE – Capped REIT

Registered (RRIF):
PGX:US – Preferred.

Each would constitute 2% - 3% of my portfolio. Diversification is my intention, but risk and surety of income is the primary consideration in all of the above noted.

Again, your thoughts.

Thank you for considering my questions

Gail

Q: Market seems to like the latest quarter. I have some cash to put to work.
I like what this management team has done historically. Sold when 5i did last year.Any comments.

Thx

Q: PLZ.DB.C 7%, 31DEC17
Hello 5i. Recognize this question is outside of small cap equities but would like to know if you will tackle this question.

Despite calling the company, reviewing SEDAR document and even reaching out to Hank Cunningham, I am left not knowing exactly what I own in this debenture. The question I have is in what are the options for company and investor at Dec 31, 2017.
Given these debentures came from take over of KEY REit, I can not follow the trail or find the specific document that identifies the features and options.
I am currently up 4%(capital) trading at $106.12 plus the income payments over a few years.
If this reverts back to PAR(Dec 31,2017) the capital will show a loss (paid $101.97). I would rather sell now and move on instead of waiting for a final income payment but do also realize 7% yield in a company I believe can keep up the payments is a very good investment.

Can you comment and/or offer facts about this debenture?
Thanks
Dave

Q: Hi 5i Team - Big or small having trouble with it all would like a REIt so thought I'd ask you gents who know a whole lot about the street! (sorry it's been a long day and I needed to be poetic).

Q: The distribution yield is ~7 to 8% and the SEC yield at the end of March was 3.9%. The SEC yield is supposed to reflect current performance and yet the distribution appears not to have changed for a while. Since C&S publish the SEC yield I assume this to be the more accurate representation of "real" current yield and the difference is made up from ROC. At 85% fixed rate and 15% variable rate what do you think of its prospects? - I am happy with the real estate basis.
Thanks