Q: Looking for some guidance re considerations to consider in trading TCN at this point. What would your view be on the expected share price movement over the next 3 months. What factors might there be at play to improve the current stock price versus to lower it or finally the likelihood of it stagnating here. So do see it as a sell because current price likely as good as it gets, a hold because upside likely, or, if not too large a portfolio holding, a trim perhaps. Thank you for your views.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Just a follow-up question on the takeover bid for TCN... I don't see any timing for when shareholders of TCN will receive their cash. Do you see any timing details?
Q: Could you comment on the propose take-over by BREIT. The offer looks cheap to me compare with today real book value. If it goes thru, will the new legislation law by the Democrats affect BREIT? Are you expecting outbid?
Thanks
Thanks
Q: In the US Democrats have introduced legislation in both Congress and the Senate that would ban hedge funds, corporations, partnerships and REITs from buying and owning single family homes in the US. Does this pose a material threat to Tricon Residential? If this law were to not apply to Tricon, perhaps it is an opportunity for them as those on the wrong side of this law,would have to sell them within 10 years. Interested in your comments.
Q: Are the dividends of those Cies accepted for Canadian dividend tax credit since their businesses are also significantly in the USA ?
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Toronto-Dominion Bank (The) (TD)
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Bank of Nova Scotia (The) (BNS)
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BCE Inc. (BCE)
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Enbridge Inc. (ENB)
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Algonquin Power & Utilities Corp. (AQN)
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Descartes Systems Group Inc. (The) (DSG)
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Kinaxis Inc. (KXS)
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Tricon Residential Inc. (TCN)
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Premium Brands Holdings Corporation (PBH)
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goeasy Ltd. (GSY)
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Nutrien Ltd. (NTR)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: I need to gradually raise cash over the next 6 months and am operating on the assumption that interest rates will begin a to decline in late Q1, I would only like to sell those holdings that are less likely to do well in a declining interest rate environment. Please rank each of these holdings from "Sell Now - least likely to benefit from a declining rate environment" to "Avoid Selling - should do very well in a declining rate environment". AQN, BCE, BN, BNS, DSG, ENB, GSY, KXS, NTR, PBH, TCN, TD
Thanks...Glenn
Thanks...Glenn
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Amazon.com Inc. (AMZN)
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Illumina Inc. (ILMN)
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Sea Limited American Depositary Shares each representing one Class A (SE)
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TELUS Corporation (T)
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Brookfield Renewable Partners L.P. (BEP.UN)
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Enghouse Systems Limited (ENGH)
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Tricon Residential Inc. (TCN)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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The Trade Desk Inc. (TTD)
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Roku Inc. (ROKU)
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WELL Health Technologies Corp. (WELL)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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Pinterest Inc. Class A (PINS)
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Zoom Video Communications Inc. (ZM)
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Airbnb Inc. (ABNB)
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Nuvei Corporation (NVEI)
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Catalyst Pharmaceuticals Inc. (CPRX)
Q: I am currently in the negative on T, AMZN, TTD, TCN, NVEI, CPRX, ATZ, ENGH, LSPD, ABNB, WELL, BEP.UN, ROKU, ILMN, SE, PINS, and ZM. I have a 10+ year outlook, however would like to know based on the company and growth potential, what would you Sell or Hold? And if a Hold, please advise your perspective. Thanks!!
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Sangoma Technologies Corporation (STC)
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Park Lawn Corporation (PLC)
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Stryker Corporation (SYK)
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Constellation Software Inc. (CSU)
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WSP Global Inc. (WSP)
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Descartes Systems Group Inc. (The) (DSG)
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Enghouse Systems Limited (ENGH)
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TFI International Inc. (TFII)
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ATS Corporation (ATS)
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Tricon Residential Inc. (TCN)
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Agnico Eagle Mines Limited (AEM)
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A&W Revenue Royalties Income Fund (AW.UN)
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goeasy Ltd. (GSY)
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Veeva Systems Inc. Class A (VEEV)
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WELL Health Technologies Corp. (WELL)
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Jacobs Solutions Inc. (J)
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Boyd Group Services Inc. (BYD)
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Trane Technologies plc (TT)
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Nuvei Corporation (NVEI)
Q: From this list of companies could any be a take over target in the next five years using your crystall ball
No commentary is required
Merry Christmas
No commentary is required
Merry Christmas
Q: Hi team
what is a good entry price for TCN? (3 years time horizon)
is the dividend or income eligible for the dividend credit vs income ?
looking for a decent yield with a possibility of appreciation
thanks
Michael
what is a good entry price for TCN? (3 years time horizon)
is the dividend or income eligible for the dividend credit vs income ?
looking for a decent yield with a possibility of appreciation
thanks
Michael
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StorageVault Canada Inc. (SVI)
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Canadian Apartment Properties Real Estate Investment Trust (CAR.UN)
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FirstService Corporation (FSV)
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Tricon Residential Inc. (TCN)
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Granite Real Estate Investment Trust (GRT.UN)
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BMO Equal Weight REITs Index ETF (ZRE)
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iShares S&P/TSX Capped REIT Index ETF (XRE)
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Vanguard FTSE Canadian Capped REIT Index ETF (VRE)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
Q: I am woefully underexposed to the real estate sector.
Could you please identify your top 3 Canadian stocks, REITS and ETF's which one might play for the impending interest rate cuts in 2024?
Thanks
Jeff
Could you please identify your top 3 Canadian stocks, REITS and ETF's which one might play for the impending interest rate cuts in 2024?
Thanks
Jeff
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Tricon Residential Inc. (TCN)
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Invitation Homes Inc. (INVH)
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BSR Real Estate Investment Trust (HOM.UN)
Q: hi folks:
can you pls compare/contrast INVH (invitiation homes) HOM.UN (BSR) and TCN (tricon)
and in which order would you consider purchase (if at all)
thanks again
can you pls compare/contrast INVH (invitiation homes) HOM.UN (BSR) and TCN (tricon)
and in which order would you consider purchase (if at all)
thanks again
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Thermo Fisher Scientific Inc (TMO)
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Tricon Residential Inc. (TCN)
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Global X Lithium & Battery Tech ETF (LIT)
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Trisura Group Ltd. (TSU)
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Converge Technology Solutions Corp. (CTS)
Q: In the name of "cutting the weeds," I'm down 20% or more on the above names (LIT:US; CTS:CA; TCN:CA; TSU:CA and TMO:US.) Are there any of them that you would get rid of at this time. Or do you think that they will have more upside from this point. If you don't like one, which would you recommend to replace it. Thanks.
Q: Hi Peter, Ryan, and Team,
In order to keep the real estate sector balance more or less the same, would you endorse a sale of TCN to use the proceeds to purchase more DIR.UN (which we already hold in this investment account) ? TCN has been a frustrating stock, but I believe that DIR.UN has more upside. Alternatively, are there other stocks in the same sector that you would suggest instead of DIR.UN?
Thanks as always for the pertinent guidance.
In order to keep the real estate sector balance more or less the same, would you endorse a sale of TCN to use the proceeds to purchase more DIR.UN (which we already hold in this investment account) ? TCN has been a frustrating stock, but I believe that DIR.UN has more upside. Alternatively, are there other stocks in the same sector that you would suggest instead of DIR.UN?
Thanks as always for the pertinent guidance.
Q: Results are out, not sure they're very good.
What is your analysis and conclusion tell you on these earnings results.
Sheldon
What is your analysis and conclusion tell you on these earnings results.
Sheldon
Q: Hi Peter, Ryan, and Team,
Please rank the stocks above for tax loss selling purposes. Are they all worth buying after 30 days? (All are down, but T and TCN are really down.)
Thanks as always for your insight.
Please rank the stocks above for tax loss selling purposes. Are they all worth buying after 30 days? (All are down, but T and TCN are really down.)
Thanks as always for your insight.
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Park Lawn Corporation (PLC)
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Tricon Residential Inc. (TCN)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Lithium Americas Corp. (LAC)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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Canada Goose Holdings Inc. Subordinate Voting Shares (GOOS)
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Converge Technology Solutions Corp. (CTS)
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Lightspeed Commerce Inc. Subordinate Voting Shares (LSPD)
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Nuvei Corporation Subordinate Voting Shares (NVEI)
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TELUS International (Cda) Inc. Subordinate Voting Shares (TIXT)
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dentalcorp Holdings Ltd. Subordinate Voting Shares (DNTL)
Q: Except for CTS, ATZ, SHOP and LAC all of these, once darlings, are below where they were 5 years ago and all of them are down sharply from their all-time highs. Can you provide your thoughts on which, if any, of these stocks will be able to get back to their old highs and a guess on when. Also, please identify your top picks (ones that you are sure will survive and thrive in the next 2 to 3 years) and your bottom picks (ones that are destined to struggle for years). They don’t all need to go into those two groups, as the future of some of them may be fuzzy. A sentence or two on why you placed these stocks in these groups would be appreciated. Thanks
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The Walt Disney Company (DIS)
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Kimberly-Clark Corporation (KMB)
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Lundin Mining Corporation (LUN)
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Toromont Industries Ltd. (TIH)
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Aecon Group Inc. (ARE)
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Tricon Residential Inc. (TCN)
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Granite Real Estate Investment Trust (GRT.UN)
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InterRent Real Estate Investment Trust (IIP.UN)
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Brookfield Infrastructure Partners L.P. (BIP.UN)
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Ivanhoe Mines Ltd. (IVN)
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Dream Industrial Real Estate Investment Trust (DIR.UN)
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Major Drilling Group International Inc. (MDI)
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Aritzia Inc. Subordinate Voting Shares (ATZ)
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ON Semiconductor Corporation (ON)
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Slate Grocery REIT (SGR.UN)
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MP Materials Corp. (MP)
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Brookfield Corporation Class A Limited Voting Shares (BN)
Q: Looking to take tax losses and not sure which to pick ? Some of them I can sell and not rebuy ? Please rate them as sell, hold, sell and rebuy. Thanks guys.
Q: Hi guys
Tricon has dropped more than other real estate stocks in the last week and is considerably below book value .... something that I would have given the stock more of a floor. How realistic do you consider their book value if all their homes/properties were liquidated tomorrow and the company was wound down or sold?
It seems , given the price of building materials, you could not begin to build houses for what Tricon bought many of these houses at - many after the 2009 real estate melt down, plus there is so much pent up demand for more housing given inflows of immigrants.
How would you rate the quality of management?
Do you see it as having compelling inherent value and would you add to a partial position now?
Much thanks
Stuart
Tricon has dropped more than other real estate stocks in the last week and is considerably below book value .... something that I would have given the stock more of a floor. How realistic do you consider their book value if all their homes/properties were liquidated tomorrow and the company was wound down or sold?
It seems , given the price of building materials, you could not begin to build houses for what Tricon bought many of these houses at - many after the 2009 real estate melt down, plus there is so much pent up demand for more housing given inflows of immigrants.
How would you rate the quality of management?
Do you see it as having compelling inherent value and would you add to a partial position now?
Much thanks
Stuart
Q: With patience in big supply where would you buy and why ? Thank you.
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Toronto-Dominion Bank (The) (TD)
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ATCO Ltd. Class I Non-voting Shares (ACO.X)
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Tricon Residential Inc. (TCN)
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A&W Revenue Royalties Income Fund (AW.UN)
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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD)
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iShares Convertible Bond Index ETF (CVD)
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iShares U.S. High Yield Bond Index ETF (CAD-Hedged) (XHY)
Q: hi,
looking through the 5i model income portfolio, these entities are all down in share price. for an investor looking for income and growth (both capital appreciation and dividend growth to keep up with inflation over long term ), are all these a buy today? any a sell? any others in the income portfolio you are more interested in today?
cheers, chris
looking through the 5i model income portfolio, these entities are all down in share price. for an investor looking for income and growth (both capital appreciation and dividend growth to keep up with inflation over long term ), are all these a buy today? any a sell? any others in the income portfolio you are more interested in today?
cheers, chris