Investment Q&A

Q: Peter; CBC has just reported on a investigation by the armed fire es into LTC facilities in Quebec and Ontario that is quite terrible. Your premier is going on air shortly - seems to me this could cause disruption in those stocks. Do,you think it is serious enough for them to do a “ takeover” of the offending facilities for a period of time? Thanks. Rod

Q: Hi,
It is it a good entry point for KMP or will they be effected by the COVID-19 situation?
Also can you indicate the top 3 residential REIT, that would be safe to buy now?

Thank you

Q: Have held 1000 units of NWH.UN in non-RSP account since 2015 and the ROC is now about 1/3 of what I paid for it. Confused about ROC and how it helps me but I do understand the lowering of the cost base when units are disposed of. Faithfully track all ROC’s for all units held including SPB. I don’t depend on the income from the portfolio but I am in a 43 % marginal tax bracket as a retiree. So when do I dispose of NWH.UN?
Your Q&A database says that NWH.UN is small, has wide geo distribution and not much growth, the distribution is safe but amount is only so so. However, there is a lot of ROC. In this down market, my 2 other similar amount of REs are down also (CSH.UN and SIA, 35 and 44% respectively). Also, have similar amount of AD that is down 52%. I am about “even” on my gains and tax loss sales so far for 2020 taken early in January but could use some carry-back for last year’s gains. Thinking of a trade of selling NWH and AD and perhaps CSH and SIA, waiting the 30 days before buying AD back unless you could suggest a suitable alternative proxy for the interim (or just buy CAR.UN instead all in non-RSP). Or would best option be to let it simmer and revisit during tax loss season to see if any of these have sufficiently rebounded? Have I missed something? Maybe the best decisions taken are those decisions that did not have to be taken.

Q: Peter; Shopify just announced that all employees will be permanently working from home. Two part question - is this a trend that spells doom for office rental companies- should bpy.un be sold ahead of a curve that could develop. Thanks. Rod

Q: Your thoughts on the Fairfax/Kennedy Wilson mortgage platform. Is it significant to Fairfax. Thank You.

Q: As this is not your favourite In the sector or class, which would be best in class and valuation at this point in the stock market cycle ?

Q: Peter; Do you think the Brookfield Group, and other large corporations, would take the government’s rental support with all its qualifications, such as a board seat, warrants etc? Thanks. Rod

Q: Morning guys:
What do you guys think of this name ?
Thx
Mark

Q: Hello,

It would seem to me that although they cut there dividend, it is reasonable to think with there liquidity position and asset base they will be able ride out this storm ? Or, should I cut my losses and run ?

Thanks.

Q: Hi my question today is on REITs. I started to buy these three reits as they are under .9 tb ratio. value. Because of there much lower price the dividend is awesome. This pandemic is the reason for there price reduction. Are they over sold and probably the next sector (industrial reit) to bounce back ? The people that are renting there property ex;Walmart are doing ok. If not a good time to buy when is ?

Q: Northview Apartment REIT is currently being purchased by Startlight Group at a price of $36.25 per trust unit. Why is the stock trading at $33.45? Is there concern the deal will not close?

Q: Fi you could only own one of COR or DLR, which would it be ?

Thanks ! Stay safe !

Dave

Q: For long term, how would you compare in multi residential sector MEQ to IIP.un that you regularly recommend , for a taxable account ?

Q: What portion of Revenues are derived from multi residential assets and what are your current feelings on the stock?

Q: I am surprised that CIGI is still 50% down while REAL, in somewhat similar business, is making new highs. Any explanation why and what is your view of the company. Your insight is appreciated.
Peter

Q: Morning 5i,

Top 2 REIT's you'd chose longterm in CAN and US to invest in the current climate.
Thanks again!!!

Q: Can I get your analysis on q1 results please. Did they beat or meet expectations? They had a write down on a non core business line but we’re there other numbers good?
Is this a buy today?

Q: There are apparently class-action suits being launched against Revera and Sienna relating to covid deaths in their homes. Before long this may well involve Extendicare and Chartwell at a guess. How meaningful to a company's future would you expect these suits could be? Are there any legal precedents (re: alleged lack of proper patient/resident care) involving senior homes in Canada? I have held both Chartwell and Sienna for years, and done well with them up until all this. I have reduced both by about half, but do you think it is just better to exit this sector for now?
Thank-you

Q: Hi 5i Team
I hold these 3 REITS and would like to consolidate to one. Which would you advise to hold for long term considering recovery and dividend security?
Thanks

Q: I have sold my banks and Riets expecting there will be a tsnamia of foreclosures
and bankruptcies in the coming months.I also feel the survivors are learning how
to do business with a lot less bricks and mortar.
What is your opinion ?
Thanks
Peter