Investment Q&A

Q: Could I have your comments on earnings for First Capital.
Thank-you.

Q: Was wondering about this reit -lofty income whether it can stand up

Q: Hello,
How do you feel about HR.UN, they seem to be hard hit by this pandemic in terms of stock price, do you see liquidity problems or concerns about them ? There financials seem solid.

Q: Hi 5i,
Assuming you are still favourable to TCN, are there other US based REITS (US or CAN$) with a dividend greater than 5% that would be a good buy currently?
Thanks
Terry

Q: Thinking of selling SIA and BPY and replacing with ZRE/ Would this be a good move?

Q: I intend to buy DIR.UN, IIP.UN and CAR.UN. I do not need the income, I would buy them because you have recommended them in the past and I need some diversification into the real estate sector. My question is, given that their distributions can be R of C, foreign income, and other income, are they best purchased in a TFSA or RRSP, rather than in a non-registered account?

Q: ZRE is down more than 40% from its 52 wk high. Is it a good buy at this level for a capital gain? Was it over valued at its 52 wk high? Do you foresee further downside from its present value? thank you

Q: Hi,Iknow you dont favour EXE,but do you see a problem in the future as many
people in long care homes are dying.Do you see people not using them ,and do you see any lawsuits comming,
Thanks .PHIL

Q: I have some cash to deploy (2.5%) and I am considering these companies. Ignoring sectors could you give me your thoughts on these companies, short term (2 or 3 years) and long term 5+ years.

Q: Comments on Q1 results?
What is the distribution ratio?

Q: Hello 5i Team
Northview REIT (NVU) has issued the Management Information Circular for the proposed takeover of NVU by Starlight and Kingsett Capital at a price of $36.25.
Please advise on the following questions:
1 - As no other offer came forward during the go shop period, I am assuming the $36.25 per unit offer will be the best and final offer current shareholders will receive.
2 - Which is the best option to select: OPTION 1 —ALL-CASH ELECTION or OPTION 2 —HIGH YIELD FUND SUBSCRIPTION ELECTION and if Option 2 is selected which percentage of the Unit Election should be selected (refer to the Letter of Transmittal and Election Form).
3 - Reviewing the Management Information Circular, the High Yield Fund looks like the original Northern Properties REIT prior to the 2015 takeover of the True North Apartment REIT. Essentially it looks like Starlight Capital (Mr. Drimmer) is buying back what they sold in 2015. What is 5i's view on this?
4 - I noticed Credit Suisse Securities (Canada), Inc. has become a 9.95 % holder of NVU - do you think they are playing the arbitrage between their purchase price and the offer price?
Thank you

Q: Can you please comment on Riocan results and safety of dividend?

Q: I am only 2% invested in REITs with BPY.UN and FCR.UN but will add more with time and when some consistency returns to market. Looking at my US cash balance I should be taking advantage of this investment market in a 'sane' way for a retired person. I researched this company and from what I read, mainly from Morningstar, it looks fine for me given it is a US dividend aristocrat as of last February and does support my need for cash flow.

May I have your opinion on this company?

Thanks....

Q: Can you please provide your opinion on this stock at today’s price for a 2-3 year old. Yield is in the teens. Do you think they will cut and if they do you expect it to have a material negative impact on the stock or might that be factored in already

Q: These are the property Reits that I have. I am down with Dream. As the economy struggles and the ability to pay rent increases, what is your thought at this time? I could see a sell and reentry later, but perhaps this is a poor move. Appreciate your thoughts....

Q: If you had to choose one of them for long term income, which one would you prefer and why?

Q: Thoughts on DHI?

Q: Hello, what are a few REITs you like that have less commercial exposure but has been beaten up perhaps unfairly. I have made a decision to stay away from Calgary heavy/ commercial heavy REITS. But still looking for "value"

Thanks.

Q: Hi,
I am interested in DIR but not totally sure what qualifies as "industrial" / how affected it is from the economy. Is industrial mostly amazon type delivery stuff? I'm just trying to figure out how much COVID impacts DIR... because amazon/online shipping seems to be fine (other than people spending less due to having less money), but what other uses are industrial?

Would you suggest switching CSH (even at a loss) to DIR at this time?

Thank you as always

Q: The assisted living industry has been hit hard by the pandemic. Do you think this sector is going to face more issues and for investors, is it best to steer clear even though the baby boomer senior population in Canada is growing?
Between CSH.un and SIA, is one better than the other for 3 yrs hold and why? Or is it best to sell both names? Many thanks.