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Investment Q&A

Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.

Q: Stock has been acting poorly since they bought their sister company MOB recently. Thought this would make this a stronger co. not a weaker one. Comments please?
Read Answer Asked by george on June 24, 2015
Q: If there were to be a competing bid for RLC how soon do you believe this would occur and what odds would you give it? Given this offer for RLC do you believe this will precipitate future take-overs of other healthcare REITS. Thanks.
Read Answer Asked by Gary on June 23, 2015
Q: Is CYS a good stock to be holding in one's portfolio.Eddie.
Read Answer Asked by Eddie on June 23, 2015
Q: Can you decipher for me. I own some shares of MCCAN and I got this offer

"Each holder of MCAN's common shares ("Common Shares") as of the close of business on June 16, 2015 (the "Record Date") will be issued one right (a "Right") for each Common Share held. The combination of fifteen Rights and $10.90 (the "Exercise Price") will entitle a Rightsholder to subscribe for one Common Share at or before 4:00 pm (Toronto time) on July 10, 2015 (the "Expiry Time"). Rights not exercised at or before the Expiry Time will be void and will have no value".

Much appreciated
Read Answer Asked by Charlie on June 23, 2015
Q: I heard there was a study published a few months ago by Royal Bank that concluded investing in REITs was more favourable than purchasing residential real estate directly. I find this hard to believe if you factor in the benefit of leverage. Would you be able to provide a link to this study?

Also, based on a recent TD Research report CAR.UN and MRG.UN are recommended as buys for residential REITs. I like that they have relatively low exposure to the Western provinces with MRG.UN having US exposure. Please give me your opinion on these two REITs.

Thank-you.



Read Answer Asked by Albert on June 23, 2015
Q: CHC Student Housing offered new shares yesterday, at a yet-to-be-determined price within the range $8.50 - $10.00. They also announced the implementing of an approx 5.2% dividend. This offering sold out very quickly (10 min on my iTrade account) and so I did not have time to buy any of the offering.

This morning, I note that it is trading at $8.42 (albeit with very low volume), below the lowest value of the range. Since the offering seems to have been very popular, I would have expected trading at a much higher price.

Is it a good buy today at $8.40 - $8.50?

Thanks!
Read Answer Asked by Gregory on June 22, 2015
Q: Hi !, I owned alot of RLC for income the stock is getting taking out at 12$, should I move to CSH.UN and ACC.TO , ACC.TO could be the next target it seem.

thanks.
Read Answer Asked by samuel on June 18, 2015
Q: Today I read the following report on Stockhouse.....

"Retrocom Real Estate Investment Trust (the "REIT") (TSX:RMM.UN) announced today that it intends to reduce the REIT's annualized distribution from $0.45 per unit to $0.30 per unit. The new distribution would represent a Funds From Operations ("FFO") payout ratio of 70.8%, compared to 106.1% as reflected in the REIT's first quarter reporting, and would represent a yield of 8.3% based on the June 16, 2015 closing price of the REIT's units on the TSX. The REIT also announced that it will be changing its name to OneREIT in the coming months."
What are your thoughts on growth with this considerably reduced payout ratio ? And what is your opinion on the quality of their existing property portfolio regarding safety of the new reduced yield ? And your thoughts on the company in general relative to reits with similar yields ? So far I'm inclined to take a position in D.UN or CUF.UN based on questions I asked recently but the reduced payout ratio for RMM.UN interests me from a growth perspective.
Read Answer Asked by Garth on June 18, 2015
Q: How do you think the market will react to RMM.un`s distribution cut announced today at the AGM.
http://www.bnn.ca/Shows/The-Close.aspx?spMailingID=11985283&spUserID=NDMyNDYzOTYzMDgS1&spJobID=523590000&spReportId=NTIzNTkwMDAwS0
thanks
Read Answer Asked by Tom on June 18, 2015
Q: Both Dream and Cominar's dividends are about 9%. Would you consider then a buy, sell or hold at this time in light of the prediction of higher interest rates in the future.
Read Answer Asked by Dan on June 16, 2015
Q: Could you give me your view 6-12 months for hwo and crr.un
Read Answer Asked by howard on June 15, 2015
Q: what do you think of management hiring an outside source to sell some or all the company would this be a good time to buy. thanks.
Read Answer Asked by david on June 15, 2015
Q: I'm considering adding one of these to my portfolio. D.UN has the higher yield but has significant exposure in Alberta. DRG.UN has significant exposure to one tenant, Deutsche Post. Which do you consider the better investment and why ? Both appear to be trading midway between their year high and low Or do you feel another REIT would be a better choice for safety and yield ?
Read Answer Asked by Garth on June 12, 2015
Q: on 6/10,INN.un stated that it is filing Preliminary Base Self Prospectus for a 25 mo. period for max.$500m for future growth opportunities including acquistions,capital expenditures & repayment of indebtedness.Please explain & its effect on its stock price.Thanks for your normal great services & views
Read Answer Asked by Peter on June 12, 2015
Q: I apologize if you have already answered this, but I can't find it. Given that the TSX will be moving Chartwell to the Healthcare sector, do you think that is an accurate allocation when trying to build a diversified portfolio? I'm inclined to leave it in Financials as a REIT. Would you agree, or should it comprise part of my Healthcare component?

Thank you.
Read Answer Asked by Alan on June 12, 2015
Q: Have been doing some research on this company. Looked at fundamentals on both TD and BNS and found it odd that the figures differed greatly. Is one more current than the other, and how does one determine what is right/wrong? Am interested in this stock but would like a little more accurate information on their financials and management effectiveness. What are your thoughts? Many thanks.
Read Answer Asked by Helen on June 11, 2015
Q: New to 5i and very good information.

Please could you give opinion on Nwh.un Northwest healthcare properties.
I have a position and was wondering if it's worth holding or sell and invest elsewhere.

Thanks

Read Answer Asked by Tak Yee on June 11, 2015
Q: Do you see any obvious reasons that i should avoid buying independence realty trust? I noticed that the debt level is high. The analysts seem to love this stock.
Read Answer Asked by george on June 10, 2015