Investment Q&A

Q: What is the estimated cash flow for 2024, in CDN?
Is the recent departure of an executive all that significant?
This one has really been drifting lower.

Q: What do you think if Superior Plus price point today? Buying for yield and hopefully price appreciation as well. Why has it gone down and what would it take to move the price up?

Thank you

Q: Dear 5i team.

I know these Qs are all asking for opinions, so appreicate your input on the following:

At what price does SPB look attractive for income and limited capital risk?

What % does Brookfield own of SPB and at what point do you think this gets cheap enough for them to take private?

What seems to be the problem with mgmt getting this business to achieve profitable growth, and create shareholder value?

Seems to me propane distribution and use business has many years of runway left in our lifetimes.

Appreciate your insights.

Q: Yesterday I said that I have just sold all our shares in SPB:CA despite the high dividend, because the share price has been languishing for too long. In fact the share price has been steadily declining and it is this decline over a long period that has pushed me to sell.
I asked for alternatives in the energy industry, but you excluded oil and gas suggestions.
I have recently sold ENB because its share price has also been steadily declining. If a stock has a high dividend, I still like to see the share price remaining stable or increasing a little.
We have a 5% position in BEP:UN, but I have always considered this to be more of a utility than an energy stock. Your suggestions seem to be very similar to BEP:UN.

So can you reflect on this and give me a suggestion on a single company in the energy industry that is likely to provide the best ROI over the next 3-5 years, but include oil & gas in your answer.

Thanks in advance.

Q: I have just sold all our shares in SPB:CA despite the high dividend. It has been languishing for too long and I'm sure there is a better investment somewhere in the energy industry.
It was our only stock in the energy industry and we should replace like for like.
What are your best suggestions for the next 3-5 years for total ROI in a RIF?

Q: Hi Team,
What do you think of yesterday's results versus estimates.

I have a small SPB position in my RRSP (about 1%) and I am think about increasing my position. I own it mainly for income with, what I consider, a relatively safe dividend of 7.6%

I am thinking about gradually increasing my position to about 2-3% but I find the debt level a bit concerning, would you agree with the move?

I have some cash to deploy and I took many positions in the utilities sector in the last months and these positions are beginning to do well.

I would like to add some income diversification. What companies in other sectors (REIT, Financials, consumer staples, etc. ) could you suggest to add in a RRSP portfolio that pays a reasonable dividend, have a limited possible drop in price even in an economic downturn and a fair chance of capital appreciation over the next 2-3 years.

Thank you!

Michel

Q: I will need to sell one or a combination of several of these stocks for my RRIF withdrawal. EIF (gain )has been good to me over the years , SPB ( loss ) hopefully Certarus acquisition will help , BEPC ( loss ), spinout , full portfolio position of BEP.UN .

Would you sell a full position of one of these or split between the 3 ( or 2 ) . How would you proceed ? Thanks Derek

Q: SPB is close to its 52 wks lows,I would sell this stock if there were a significant risk for the Cie and/or its dividend,and keep it if the Cie still looks safe , would you consider it as a Buy,hold,or sell in this perspective? thanks

Q: If you have to invest new money today with a 3/5 years view (appreciation + dividend), which one will be your choice, Superior or Bell?

Q: In my RRIF , I am looking at selling one of these stocks to buy UMAX for its higher yield and diversified holdings. Forgetting portfolio composition , please provide the order in which you would sell first (1) and then to last (5).
Thanks. Derek.

Q: Hello 5I,
Just wondering if there are many stocks out there right now that are dividend growers and have a yield of 6% plus? and do you like any other them as picks longer term?

Thanks

Q: In my TFSA I have full positions in ENB, T, TCL.A, and AQN. Objective is primarily steady income and some growth. I am looking to add FIE, SPB and CSW.A. What do you think?

Q: I am considering adding to current positions in these companies. I know timing is impossible to predict but which of these companies would you be adding to now and which would you wait given that we are heading in to end of year selling<

Thanks
Tim

Q: Currently down 36% with northland and 23% with superior .In Tfsa.Any thoughts on recovery . Hold or sell? Thanks Larry

Q: Is SPB a buy after the big drop today?

Q: In reference to your answer today regarding selling the 4 stocks to replace with UMAX, you state that UMAX is “ fully invested in utilities “. I do not believe this to be true as it holds industrials such as WCN, CP, CN , and pipelines and phone companies, which may have a deep moat but I do not class as utilities. I bought this etf for its selection of solid large cap companies across several sectors. True utilities in this ETF are FTS, EMA, NPI, H, ( 30 % of total etf ). The name of the etf is a bit of a misnomer.
Thanks. Derek.

Q: In my RRIF, where income with some growth is the aim, I am considering replacing one or all of EIF, SPB, PKI, CRR.UN with UMAX ETF. In what order would you sell ( I believe it’s best to spread this out over the next 6 months) ? Is there any stock you would keep or is a definite sell ? This will double the portfolio’s income and offset the rising mandatory withdrawal . This will also increase my portfolio’s composition of large cap industrial and utility companies. Your opinion on this approach is appreciated. Thanks. Derek.

Q: If you had $20,000 to invest today for and Income with some growth investor in an otherwise well diversified portfolio, what would you pick or just add to?

Q: please comment on spb press release Aug 10 Certarus places largest single order
of msus.
thank you.

Q: For a retired investor seeking stable dividends and some growth, how would you rank these companies if one had $100,000 to invest? Are there other companies you would recommend and how would they fit into the rankings?. Current portfolio is quite well diversified, so sector is not an issue. Thank you, Ian