Investment Q&A

Q: Hi 5i team,
I am re-submitting my question. What do you think of Dream Unlimited Corp? What is its relationship to the other Dream entities?
Thank you, Bryn

Q: Based upon your previous comments and my comfort level I maintain a maximum 10% weighting in REITS while participating in their respective DRIPs. At this point I hold CSH.UN. (with a 200% gain), REI.UN (20% gain) and SRU.UN (400% gain). I am contemplating adding CAR.UN and HR.UN. Please comment on whether this particular REIT selection is acceptable and sufficiently diversified or overly concentrated.

Many thanks.

Q: Regarding the bought deal financing, how does that affect their monthly dividend, payout ratio, yield etc?

Thank You

Q: I am researching REITs to invest personalllythru non registered account and or TFSA. Which do you think would provide good medium term return (on 3-5 year time horizon)?
A friend also told me about NSI.NV, a small REIT which he believes will increase in value by 20% in the short term. Do you know anything about this company and would you recommend investing a small amount of capital, given the fact any investment would be in Euros and there's probably no hedging against devaluation of the CDN dollar available? Thanks for all your help.

Q: Would like your view on hotun, nwhun, after their bot
deals Tues and Wed. Thnks

Q: I have recently received a notice that AX.DB.F is to be redeemed. One option is cash ($1000 per unit)and a second option is a share conversion. In the latter case, Artis is offering 64.5 common shares per $1000 unit. This is equivalent to a conversion price of $15.50 which is nearly two dollars above the present cost of an AX.UN share. Such a large gap doesn't seem right. Can you clarify? I believe this is a full redemption and I must choose one or the other of the options.

Q: I own some H&R Reit, looking to add one of the mentioned ones here. Looking more for growth than income.

Q: Temple Hotels has announced a strategic review. Given Morguard's substantial interest in Temple, does the fact of the review suggest that Morguard is not interested in taking majority control of Temple's properties (as the extent of their ownership suggested)?

Q: What do you think of this REIT? It pays out 8.3% and seems to have a payout ratio of 50%. Owns properties in Europe. Four bank researchers target a 5-10 % increase in value as well.

Q: Good afternoon! As a retired dividend investor, I've held Crombie as a full holding for a number of years, having bought at a good margin of safety (now up 22%). I am concerned that their dividend has not grown since March of 2007 (a 4.7% raise then), and their payout ratio has remained in the 90% range (often more) on AFFO in spite of a number of acquisitions. The distribution is very good, of course, (currently 5.86%) but growth in payable funds seems to be nil on a per share basis. Eventually, inflation will erode the magnitude of the distribution if they fail to grow in an accretive way.
I am considering moving on to another 5-6% dividend payer. Could I have your comments on Crombie as to whether there is something I am not seeing here that should make me want to keep it - i.e. is my thinking correct? Also, if I do switch, which might you recommend that might pay similarly yet have some chance for growth? I am not specifically looking for a similar commercial REIT. (FYI, my current full holdings include STB, RSI, RNW, ECI, BNS (half, should I increase?), PPL, and SIA)
Thanks!
Paul

Q: Would like your view after todays news on acquisitions and financing? Thanks.

Q: Good morning 5iTeam -
I've read an article which Marc Cohodes said he's shorting HCG as there are huge irregularities $1.9B worth in their mortgage biz. Oaken is pumping their higher % rates in all ad spaces. To quote the good doctor from Marathon Man --- "Is it safe."

Q: I see that Pure is hitting new highs and pays a nice dividend, what do you feel that the next 2 years looks like for this stock and also Milestone-mst, is it to late to enter these stocks, and what would be the big risk in owning these stocks?

Q: Hi, REITs have seen a strong YTD and 52 weeks returns, on the back of market volatility and "lower rates for longer" syndrome, more so after BREXIT uncertainty. I have no REITs in my portfolio now. Your recent report on Chartwell Housing is interesting. Based on demographics tailwind and low interest rates environment, if I want to initiate position in one REIT name, will CSH.un fit the bill ? Also, do you think current level at $15.70 is reasonable, although it's flirting with 52 weeks high? Thanks

Q: Hello
In an answer today you recommended INN.UN. I thought it was being sold?
Thanks for all you do
Dennis

Q: Looking for 5% growth in addition to the 8% yield, which would be more probable choice, American Hotel or BTB? Other?

Q: Further to the question asked by Brent on this company. I'm have US $ I wish to invest in Canadian companies paying dividends in US $ What is your opinion on WPT Industrial REIT?

Q: Colliers has been week of late - i would have thought that investors would have seen this as a safer domestic stock. Am i missing something here?

Q: I have all 3 of DRG.UN, D.UN & STB in my wife's cash acct but only because of their very high monthly dividends - averaged at about 8.5%. However, I want to drop 1 & while STB would seen the obvious choice as it does not move the needle very much, I am concerned as to the ongoing viability of DRG.UN as related to Brexit, etc. Your opinion - Thank you.

Q: Would like your view on the 2 morguard reits and which you might prefer. Thanks.