Investment Q&A

Q: Besides Chartwell what are some other names that provide assisted living at various increasing levels of care for Seniors? I would be interested in US names because of the larger population. The Canadian names all seem to have large dividends the are unsupported by published earnings.
Thank you.
David Kendrick

Q: Please provide your assessment of DELAVACO RESIDENTIAL PROPERTIES (DVO-U.V). Delavaco specializes in the acquisition and subsequent renovation and leasing of distressed single-family homes in the United States

This stock has dropped about 50 % since Sept 2014 and now appears to be trading well below book value.
It this stock a reasonable way to get exposure to the recovering housing market in the US?

Thanks
Dave

Q: Hi- can I have your analysis of the latest results. They appear to be hitting on all metrics- higher NOI, occupancy, lower debt and payout ratio. thanks

Q: Peter for TFSA would you choose Artis or Leisure world for very long drip hold? Payout ratio? debt? any other recommendations, Thanks Ken

Q: Hi guys, would you please rate the following reits, Canadian apartment, Interrent real estate, Milestone apartment and Morgan N.A. Residential. Looking for both income and growth.

Thanks
Jim

Q: Hello Team
What is your current view on Counsel Corp and their latest results? How would they fare in a rising interest rate environment ? Do they have any positive or negative U.S. exposure?

Thank You for your good advice

Q: Hi Pete Could I have your comments on rei results I read an article in Van Sun were there was concern about the occupancy but was not reflected in the report as this has been a core holding of ours and has served me well .I am not opposed to changing if needed .
I can not find the payout ratio
Thanks for your sevice that I find invalueable
Stan

Q: I am currently working on ensuring that my portfolio is balanced in terms of asset allocation. This exercise is revealing to me that I have no coverage in healthcare and seniors' services. When I look at the companies you've rated I don't see any in this sector that have a 5i rating of B- or better. Are there any?

Q: My only REIT - AP.UN - seems to have gone into hibernation, from being the top performing REIT for the past few years (highest combined return) to seemingly losing all momentum.

I am looking at flipping it for HR.UN that has a larger market cap $6.7 billion vs. $3.0 billion, higher yield 5.6% vs. 3.8% and more positive overall TA numbers for the short and long term prospects.

Do you endorse this switch?

Thanks.

Q: Could you please update your views on bvd.un? Anything changed?

Q: Hi Peter,
Being retired, we owned WEQ and AAR.UN for dividend income for a couple years now. On WEQ we thought that the company would reduce the monthly dividend by atleast half, BUT they took it away completely. You said in the past that when a company does something that completely changes it to sell the shares...which we did last week for a very large loss. On AAR.Un we finally have our origiginal purchage price back and because both companies are run by much of the same management we would like to sell our AAR before management can run it into the ground like they did with WEQ.

We are looking for advice on a steady REIT to replace AAR.UN with for the long haul. Those were the only two REITs that we owned.

Thank you,
Charlie

Q: Hello Peter and team,

I own CGR and it has done well. What is your current view on this etf and it's holdings? Would you prefer a different etf or individual company for real estate exposure?

Q: Peter, I would be very interested to get your opinion regarding the recent news that AAR.UN has closed a deal to develop a 60-acre parcel of land in Vaughan, Ont. The $128-million project in partnership with Scannell Properties includes a plan to establish a state-of-the-art distribution and sorting facility to serve the Greater Toronto Area. The tenant, FedEx, has entered into a 15-year lease.
Good news or ???
Thanks to you and your team for your valuable "service". We don't make an investment move before checking the 5i Members Questions.

Q: There seems to be some confusion on your recent comments between these 2 similar but different cos. nwh.un is strictly in Canada while mob.un is international, with a small exposure to Canada. Could you give a separate opinion on each. Thank You

Q: May I please have your current opinion on BRE.
5i is a superb service. Thank you

Q: I am a new member and this is my first question.
I own the following REIT's BTB.UN, CUF.UN, CRR.UN, TN.UN, DRG.UN, RMM.UN and REI.UN. I also own ZWB. These REIT's plus ZWB represent 26% of my portfolio. Is this too high a weighting or should I reduce and if so which ones should I dump. Other than this my portfolio is diversified across other dividend paying equities.
Thanks in advance.
PS enjoying your website, particularly the questions and answers.

Q: I bought Regal life style at a much higher price, I am thinking of averaging down, Previous posting indicated that you have positive views of the company. Doing my research I noticed that there is a high insider selling by ELAD Canada at current price, so I am reluctant to add to it. What is your opinion on the high insider selling for this company.

Thanks

Q: 11:04 AM 2/9/2015

Hello Peter

I bought Northwest Healthcare Real Estate Investment Trust nearly 2 years ago at $11.42 a share and I hold only a 1% position. The dividend is very good at 8.5% and I would assume quite reliable given the nature of the business. Do you agree?

However I am concerned that ever since I bought it the shares slowly have slid steadily lower over the last 2 years with lower highs and lower lows pretty much wiping out the income from the dividends. At present it is near a lower high [I am "only" down 18%] and wonder if I should just sell out and take my loss? My only two holdings in this sector are the 1% in NWH.UN and a 1% position in Chartwell CSH.UN.

Do you consider Chartwell to be in the health sector or in the REIT sector?

Should I just hold on to Northwest for income or should I sell it and add the proceeds to Chartwell which I think you believe to be a "better" company.

Thank you.... Paul K

Q: I presently hold Bank of Nova Scotia . I do not have any Reits and after listening to a guest on BNN Friday night I was thinking of switching this to Cominar Reit or your suggested BMO Reit in the Income portfolio. The guest on BNN was high on Cominar and cautious on the banking sector-just wondering what you think?

Q: I currently hold these 3 pipelines in equal weight and want to reduce pipeline exposure. I consider Enbridge a core holding, so looking to sell one of the other 2. In terms of future prospects and diversification (least similarity to ENB business lines), which one would you recommend I keep, or should I simply reduce each by half?