Investment Q&A

Q: Do you know the take out date for regal, and is there anything a shareholder has to do before the take out date.


thanks

Q: Good Morning
Would you recommend this stock for an income investor??
My broker has reported some insider buying.
Thank you for your insight

Q: I am down 17% on AX.UN If I include the dividend collected in cash I am down 8%. It was meant to be a long term hold. Would you recommend switching to another Reit(s) or keeping it through the oil downturn? I do understand its Alberta exposure.

Q: I currently hold Chartwell (CSH.UN) but am thinking of switching to Sienna (SIA) as its yield is better and its stock price growth has been better. Your thoughts on this please. I need the income but am comfortable holding if I lose on the capital side.

Q: Hi Peter and Team!! In a nutshell, could you explain to me how income trusts work. How are they taxed? Would now be a good time to buy some, and if so, which would you recommend? Thank you for your tremendous service!!! Cheers, Tamara

Q: Hi there
What are your thoughts on this reit .
Couldn't,t find its payout ratio but it look ok
Thanks for the help

Q: HR.UN is the only REIT stock that I owned. It make up 2.25% of my portfolio. I am under water by 12%. Would you recommend this stock as buy and increase my holding or add another REIT? If I should add another REIT what would you recommend.

Thanks

Q: I accept this REIT was not a good purchase as I am down 27% on it. With
the new prices and situation it is in, is it ok for add to for a small underweight holding.

I have a small amount of cash in my TFSA and could use a high dividend payer.
It is paying 10.5% and is buying shares in itself. When an outfit is buying shares
in a normal course issuer bid can it be interpreted the divvy payout is fairly safe?

Thanks

Q: I saw your reply to Kathy; however may I ask you for a brief explanation of what their plan entails.
Thank you very much

Q: Do you think Tricon's announcement to-day will be positive or negative for current share value?
Thanks
Kathy

Q: Good Morning
The recent acquisition of TN.UN by NPR.UN is not looked favourably by some experts. Others suggest that there will be some pain for both the shareholders of the two companies. I own shares of NPR.UN and I would like your opinion wheteher the deal will be beneficial for the holders of NPR.UN shares. If the deal is not beneficial for NPR.UN, would you recommend selling?
Thank you

Q: Hello 5I team

I am interested in MRC, I see that the company is trading well below book value (although I think it trades below book regularly) and the P/E ratio looks appealing as well. The debt levels look reasonable compared to other real estate based companies. Would you add this company to a well diversified portfolio or would you pick another real estate company which ones would you pick if so? Would you consider their properties to be high quality ( they look good from their web site but then every company makes their properties look good)? Do you think that they trade below book value because of the low div yield? What do you think of the management, have they made good acquisitions in the past, have they kept their balance sheet strong? Is this company well diversified geographically as well as sector wise ( industrial, residential, commercial, ect)? What caused the almost $8 dollar drop at the end of July, I didn't notice any news that would have caused this.

Thank you for your opinion.

Q: Thank you for quickly answering my earlier question today on REITs. Can you please suggest some of the preferrd "larger, residential companies" referred to. Are you suggesting that individual companies would be better than buying an ETF?
Again, Thanks.

Q: While unit prices in the REIT sector are declining with the market I am wondering if these businesses are/will be adversely affected fundamentally and if it might be a time to buy ETFs or individual companies in the sector? Non are owned now. Retirement income is the main interest. Your insights and opinion are so appreciated. Thank you.

Q: Could I please have your thoughts on this reit. It appears to have a number of good canadian and global holdings.

Thanks, David

Q: Could I please have your comments of bpy.un for a 3/5 year hold. While it has moved positively lately, the share price has not done much for the last year.
Thanks, David

Q: Which of the following reits do you favor at this time for the combination of dividend safety and capital growth: HR.UN, CAR.UN, REI.UN, SRU.UN? I am contemplating adding two to my RRIF. Thank you, Barrie

Q: Noticed the questions around ROE here and your updated report. I just read the Q2 update presentation on the companies website and saw that the ROE has declined from 32% in 2005 to just above 19% in the most recent quarter in an almost steady straight line lower. HCG's stated objective is ROE above 20%. While the ROE is still high, the trend on ROE is not positive and is not meeting their stated objective. Yet you give it an A rating and an avg ROE of 24.7% over 5 yrs. Is the downward trend in ROE a concern to you and the team?

Q: The new report on HCG has the 5 year ROE blank, yet assigns an A. TD rates this number at 22% (TTM); would you agree? Also aren't the brokers deeds of falsifying data fraudulent and actionable by the company? There ought to be some recourse for HCG to recover commissions paid out in good faith. Thanks, J.

Q: Could you please comment on Melcor results and their outlook?

Thanks,
Milan