Investment Q&A

Q: Would like your view on summit industrial reit
Thanks

Q: Not sure what I'm doing wrong in the new format. I asked for a search on northwest healthcare reit but got no responses under either format. I'm pretty sure that there have been questions about this reit before, although perhaps I'm mistaken. Any suggestions?

Q: Would like your view on inn.un at current level.
Thank You.

Q: Do you like the bought deal?

Q: I would much value your choice as always! Thanks.

Q: I am looking to take advantage of opportunities in the Calgary office space segment given the low price of oil. I purchased Boardwalk at $43 and I'm quite happy with it. I'd like to purchase a best in class REIT that focuses on the Calgary or Western Canada office segment. What would you recommend? This investment is for my RRSP and I consider it to be long term.

Thanks,
Jason

Q: hello 5i:
in a comment on CSH.UN today, you felt that it was a good buy for income and some growth. I wish to establish a position, BUT, I see at the present time, Chartwell trades at a P/CF of 29.5, vs a 5-year average of 16.8. This appears to be very overvalued. Can you comment please?

Q: HI,
Could you please comment on the news release April 8th- Chartwell Retirement Residences Announces Redemption of 5.7% Convertible Unsecured Subordinated Debentures. How do you feel this will impact the share price in the short term. How low could it get? I have been looking to add to my position. What price would be a good entry given the deb conversion is priced at $11.00 I suspect a high conversion rate and a certain amount of selling pressure (potentially strong) as debt investors are not equity investors. It looks like it has already started selling off in advance.

Thank you

Q: Are you still okay with owning this name for the generous yield and small capital appreciation? It's been hovering around it's 52 week low for a number of months now, and company insiders have been buying lately.

Q: Hello, Many Real estate investment trusts(e.g. IVR)and related ETFs (e.g. REM) distribute ~10 to 12% dividend. This appears very good but may be a high risk investment. What is your opinion about IVR REIT and REM etf?. Which one is better? or may be none?

Thanks

Q: Is this a good entry point for a small new buy?Read your recent comments.Occupany @ 91.5%--is this too high? What percentage of revenue from Alberta & its effect.Appreciate your usual great services & views,.

Q: How would you compare AAR.UN,DIR.UN and Smu.un going forward as industrial reits.

Q: The signals on this stock are very confusing. S&P Capital rates this as a "Sell" (April 1) yet Thompson Reuters ranks it as an 8 out of 10 (Apr 6). Consensus analyst recommendations seems to be "Hold". Yet over the past 5 years, the stock price performance is slightly better than blue-chip H&R Reit. Last year the CEO bought $13.5M worth of shares, so either has faith in the company or is faking us out. Debt seems acceptable, price is below book value, earnings seem to be steady. The price is $2 to $4 lower than the average price from 2012 up to the collapse in July 2015, which would seem to indicate a bottom.

What is up ? Is the Target effect still in force ? Is the street just tired of this stock ? Buy, hold or sell ?

Thank you

Q: Have read your past comments on DRA.UN and wondering what your thoughts are as a purchase today.

Q: I Would like your opinion on these two companies for dividend and stability for retirement income purpose. Shall I buy both for diversification or one better than the other. (NWH, TMC) Thanks

Q: How can one accurate payout ratios on stocks ,particularly reits.Cibc lists Hot.un as 381 percent ,which seems pretty high and others as well.Im looking for reits with low payout ratios.

Q: What are your thoughts on the article written by Mr. Craig McKee in the Globe and Mail on REIT? Some of 5i favourite REITs don't seem to be there. For example HR.UN, CSH.UN, CAR.UN, REF.UN, CRR.UN and INN.UN Is it b/c of methodological problems or the use of different metrics?
Comments and your suggestions are always appreciated.
Thanks.

Q: I think for a dividend investor, where this trades it is a buy.
For another 2 years it pays you about 8.7%, and when it resets in 2 years it still pays you more than 6% at this price. It is cumulative and perpetual, and probably will not be called.
What am I missing, why is it so cheap? Is it the credit quality of Artis that is the problem?

Q: I would like to add a REIT to my portfolio and of the 3 that I have considered: MST.UN, MRG.UN and IIP.UN I am leaning towards MST.UN based on growths in dividend yield and share price. Do you support my pick? Or you have reasons to believe that one of the other two are in fact better choices.

Your help is much appreciated.

Q: Good Day

Lots of news on NWH.UN-T:
There is a bought deal of 7mln shares at $9.20. The deal closes April 20,16;
The CEO has added $4.2mln lately to his position including another 23,000 units @$9.64 per unit.

Are the units a buy at $9.20 or should I wait until after April 20?

Thanks