Investment Q&A

Q: Hello 5i, Could you comment on the reason there is a 7% increase in the share price of CPX today.

Q: Hello 5i, Could you give your opinion as to now that Capital Power is totally off of coal and is now considered a green company, would there be interest of a takeover of Capital Power and if so which companies could be considered to be interested in taking over Capital Power. I think Transalta would be a front runner.

Q: Your opinion on the outlook for this company. I have owned for many many years and am now in a loss position. It is not a large holding in my portfolio and wondering if I should sell and move on. If one was to sell, what would be a replacement suggestion?

Q: Please comment on TA's growth and financial outlook released today. Does the stock represent relative good value (risk/return) at this price level? Thanks

Q: Please comment on the 3rd q earnings released today. They seem to be way ahead of expectations but I realize in this business sector earnings are only part of the picture in determining if the company is worth iinvesting in.

Q: Any reason for the significant selloff this morning?
Jerry

Q: Good afternoon,

Could you please provide your assessment of TA, and is it a buy here?

Thank you

Q: Just reading about the takeover of RNW by TA. Not really interested in TA as I need income and the reduction in yield will go from 8.55 down to 1.88% with only 1.03 shares of TA for every share of RNW. My question is if RNW happens to trade above the $13 mark, will it be better to just sell all of those shares if this happens?

Thanks
Jeff

Q: A s an owner of TransAlta shares should I hold or sell. Please comment on why.

Q: Hello
Could you give us your take on the latest earnings for Transalta, Inergex, and Emera?
Please use necessary credits.
Thank you
Stephane

Q: Hi - looking to add a utility to an otherwise diversified portfolio. Please rank the companies listed in terms of potential total return over the next 5 years+ and whether current valuations are presenting a good entry point?

Q: Hello 5i Team

I previously owned TransAlta (TA), when they cut the dividend in 2015/2016 and took the capital loss at the time.

I have owned RNW since 2015, so I currently have a small capital gain.

Upon RNW and TA news release on December 15, it appears the future for RNW is not great and several analysts have stated the best course of action would be for TA to take RNW private (similar to what Enbridge did with Enbridge Income Fund in 2018). Otherwise they indicated no dividend growth and a potential future cut in RNW dividend.

Questions are:

1 - Would it make sense to sell my RNW shares and purchase TA shares (essentially trading dividend income for future stock growth).

2 - Consider the RNW and TA not buyable and finally sell out RNW and buy something else. Any suggestions?

3 - Where does Brookfield fit in with Trans Alta, as they previously made a deal in 2018/2109 for a future purchase of TA hydro assets?

Thanks for all the information in the Q&A portion of 5i.

Q: Good day,
I am interested in your views on the company's latest results and the significant drop in its stock price.
Thanks, Michael

Q: Follow-up question: : "The company noted it has reached its 40% renewables target." Does this include it's 60% ownership in Transalta renewable or is it in addition to.

Q: Could you comment on transalta's first quarter results. What was it's cash flow/free cash flow per share. What are the cash flow/earnings per share estimates for the entire year. How do these compare to other companies in this sector.

Q: As a further follow-up on TA. Leaving aside it's stake in RNW, what would the remaining net asset value ( ie assets minus liabilities) be of these assets approximately.

Q: As a follow-up to my earlier question since TA owns 60% of RNW and according to the Globe the market cap of RNW is $4.9 billion, TA's share of RNW would be $2.94 billion. TA's total market cap is $3.45 billion. How would you asses the value of TA's other assets. Are any of these assets in renewable energy.

Q: Could you comment on TA's fourth-quarter and year end results. It seems to trade at approximately 6.5 times free cash flow. How does this compare to other companies in its sector. Does it own 60% of RNW through its ownership of of TransAlta Generation Partnership which owns which owns 23% of RNW(see TransAlta Corporation | 2021 Annual Information Form)and its 37% direct ownership?

Q: Please comment on impact on Ta of Rnw repair issue.

Q: Thinking to sell TA and replace with BEP.UN. This is for an RRSP account, the higher dividend with BEP is nice but not essential, high debt is more of a concern. safety and long term growth opportunities are primary considerations. Do you endorse this switch?