Investment Q&A

Q: Hello, what is the best etf to have exposure to Canadian real estate? THANKS

Q: Since your last comments on prv.un over a year ago, has your opinion changed much? Ot came actoss my screeen because the CEO was buying a few shares. Can you please comment. Buy or don’t bother?

Q: It seems NWH.UN has got itself into a bit of a tangle, and I am not sure how or why. Reading your notes the business looks as though it is rock solid, but the shares continue to unravel and your recent post seems to indicate they do need the current restructuring (correct word?) to take place. The share price is now at an all time new low, save for the pandemic induced low in 2020, and still potentially sliding. What is their difficulty? Over commitment, ex pandemic issues, recent rate rises, blissful overconfidence during the interest rate lull, management, sector issues, etc.,etc,.?? Your original note to me did reference debt, as well as a lack of growth and general concerns about commercial real estate, yet in the latter case I would have excluded NWH from the more usual commercial considerations. The answer is relevant because a worthwhile outlook should include recovery, even if it is priced on the basis of low or even no growth, and that assessment would be appreciated. Look forward to your response.

Q: Why is cap reit performing better than minto and Interrent. Please compare and contrast the three companies.

Q: Hi 5i,
What happens to NWH stock price if the UK sale does not happen?
What happens to the price if the distribution is cut.

Thanks
John

Q: Good morning,

Long time holder of CAR.UN, and although I like it, watching TD go lower and lower seems like a buying opportunity to me, and I know you view TD as having potential over the medium/long-term from these levels. Seems to me like there is greater price appreciation potential, and a greater dividend while things settle down.

I know they are different sectors, but what are your general thoughts on this potential switch? 5 years from now I think it may look smart..... Thanks. - Jeff

Q: Commercial real estate is in big trouble. Do you have any recommendations how to take advantage of the declining fortunes of this sector, in Canada or the US? Is there an inverse commercial real estate etf? Have the stock prices of the sector already been priced in?

Q: Early last week I asked a question about NXR.UN. Still I have not received any answer. My question was about your insight about this company, latest results etc. Does the cash flow cover the dividend. There was a similar delay about my question on FCD.UN two weeks ago.
Thanks for your insight

Q: Is VNQ a good investment in a stagflation environment, or does its current issue of office and retail REIT exposure going to counteract that situation ?

Are rising interest rates the only other reason for its underperformance recently?

Is it possible to come up with a metric that compares how expensive / inexpensive it is today as an investment relative to it's past ?

Thanks.

Q: What are your current thoughts on SRU?

Q: please comment on recent quarter and 3 - 5 year hold.

Q: The REIT has made an offer to purchase 12,500,000 units at 15.50 dollars per unit. It represents about 25% of the total REIT issued units. Since the price offered is much lower then my purchased price and the stock is held in a register account I do not feel too compelled to sell it. You have indicated in the past that the REIT is a valuable asset and likely with time it will recover.Is this still the opinion you hold ? Is the dividend would remain to be paid after such transaction by the REIT?
Thank you

Q: what am i buying when i look at these 2 reits.. slate office reit seams compeling book value good buildings ?location tenants leases ap.un looks like a solid upgrade as a investor with a lack of information and iq. can you make it clear i understand the interest rates office space just thought their might be an opportunity werea company reit is punished with mutual funds etfsselling all office reits guilty by assocition.can you please give your most under appreciated stock in mining energy reits growth thanks!

Q: Can you comment on Killam’s recent quarterly results and how they compared with street expectations please. Also how do they compare to similar sized peers like inter rent? Is it a good buy for the multi-residential space? And what do you think of adding to this space now in the macro cycle? Thanks

Q: The bottom fell ot of this quite dramatically during Mar'23. What happened and would you dump it, sit on it or double-down?

Q: Several months ago the dividend was cut substantially. The stock fell accordingly and has drifted lower in the meantime. Insiders have been adding shares. Should I join them or is this a trap

Q: Thoughts on ERE results and would this be a long term buy at these levels?

Q: NWH.UN released its earnings today and had perhaps a little bad news - AFFO did not cover the distributions in the quarter - and some good news - deleveraging plans seems to be on track and the CEO comments even raised the possibility of share buybacks once the deleveraging plan is further advanced. What do you make of todays results and these comments in particular? Has it turned the corner? Optimistic or pessimistic?

Q: I am down +/_ 25% on North West Health Care. It seems to be going down daily? I'm an income/ dividend investor but would like a bit of growth as well.
Is it time to let this one go or hang on? Would you have a recommendation for a replacement where I might be able to recoup my losses? Thanks.

Q: Good evening
Can you please comment on this REIT ? Dividend was not cut since 2013 and according to my broker's record there was considerable insider buying during the last year. Lately it is dropping. Would you consider it a sell, buy or hold ? I will appreciate it if you can also comment on the dividend sustainability
Thanks