Investment Q&A

Q: Looking to increase REIT exposure. With growth and income as the objective, which is the better play for 3-year hold?

Q: Lots of changes. They seem to be raising a lot of liquidity; selling assets, cutting dividend, stopping DRIP, and increasing credit facility. Doesn't seem to make sense. Do you think there are skeletons in the closet that are not apparent that they are preparing for? Could things be worse than they look? Or are they eyeing opportunities? Would you be a buyer?

Q: Hi Guys,

Would you sell First Capital Realty (FCR)and buy Boardwalk Reit (BEI.UN) with the proceeds at todays prices and outlook for the future for both companies?

Thanks
John

Q: Looking to fill a new TFSA for a grandson & thought these 2 might fit the bill. Good dividends & reasonable growth prospects. Your advise - please. Thank you.

Q: Your analysis, please. Down almost 80% from its highs, but Full-year gross revenue up 18% to $6.0 billion; fee revenue up 17% to $5.2 billion; Adjusted Earnings Per Share of $10.01 up 26% reported at the beginning of this month. What am I missing, why is this down so much more than the rest of the market?

Q: Do you have a preference for either riocan or boardwalk at this time. Or would you like another name in the reit space. Hold is for +5yrs. How safe are the dividends. Thanks
Chris

Q: Peter and Team,

I've owned KBL K-bro Linen for three years or so and have seen a nice increase in value and a healthy dividend. Its seems to have plateaued and stayed steady lately (which is fine!) but I am wondering if I could get better return by switching my 4.6% weighting in KBL to CSH instead. Thoughts?

Q: In your opinion, is Wheeler's distribution at risk? How risky is this stock on a scale of 1 through 10 ?

Q: I've held this for about 6 months. My cost is $ 22 per share and it's at $11.80 as of today. I have 8-10 years so I'm not in a hurry to sell. RBC seems very positive on the name. They have target of $ 25 and released a new update this morning. What are your thoughts ?

Q: I knew we have been answering some question about this before. I am thinking adding more position to this REIT, I wanna ask you guys again, it seems their occupancy rate is pretty good and the rate hike in Canada is not possible now.What are your guys' thoughts? Much appreciated, thanks. Tony.

Q: Do you know BPY.UN took such a nose dive since January 2016 that saw its SP went from $32 to now $26 (almost 19% in about a month and a half)?

Earnings for the year came out on 2/05/2016 and it was solid though not outstanding, any speculations here?

Q: Ventas just released earnings this morning - beat on Revenue and FFO and guidance seemed moderately positive. This stock has been getting hammered lately. Looking to enter a position. Thoughts?

Q: Would appreciate your analysis of today' results announcemt.
Thanks

Q: Hi 5i, would be interested in your current comments on Crombie Reit and its 7% dividend. Thinking of going to a full position from a current half weighting...

Thanks as always

Gary

Q: Any thoughts on these two companies - both are in Healthcare realestate and appear to be much more volatile then I would expect. Great dividends, reasonable value.

Q: 5i Team, other than currency headwinds because results are reported in USD (which should entirely offset when shares are held on TSX) can anyone see what is not to like in the CIG full year results today and explain why the stock did not recover after the recent RBC downgrade to market perform quickly shaved 20% off the stock?
In the result I see: 1. Q4: strong organic local currency revenue growth across the three geographic regions (range 6% - 12%)supplemented by acquisition growth) and strong local currency growth of 8% to 15% across the three business segments. 2. record revenue and net profits (up 16% in Q4 and up 30% full year), the antithesis of an earnings recession plaguing so many companies, 3. an ROE of 58% ($86.1/$149.5), 4. Local currency revenue growth in Q4 of 11% and full year of 18%, 5. Improving margins exceeding double digit goal 6. A P/E multiple of 14x (USD 2.29 eps converted to CDN 3.20 and a CDN 45.00 stock price.
I look forward to your comments and thank you.
Keith

Q: What would you expect in terms of annual distribution percentage increase over the longer term for this company? I intend to hold 10 years give or take. They are active acquirers, and they are in a US market that is experiencing rental growth. Thanks.

Q: Orange Capital announced today it is closing down & has mainly cash in its funds to return to investors.It is 10% shareholder of INN.un.which dropped 5.5% today.Please advise if it has liquidate its holdings.Daily volume does not show such a transaction as most likely a private sale.D Warren on BNN opine Kingsett(20% owner) & other wealthy shareholders( eg Westmount,its founder) have the abilities to buy.Please advise situation.Thanks a lot for your usual great services & views

Q: Dear Gentlemen,
Maybe this will answer to Jim question
I noticed in TMX web site, CUF.un is a Real Estate sector, & REIT industrie. I use this web site for sector information.
This web site is reliable ?
http://web.tmxmoney.com/company.php?qm_symbol=CUF.UN
Best Regards

Q: Hello, what do you think of agellan for a 3 + year hold.
Thanks
Kevin