Investment Q&A

Q: I hold the following shares (among others) in my various (RSP & TFSA) accounts. I'm a buy-and-hold investor, strongly leaning to dividend payors or preferably dividend-increasers.
These companies have all recently cut or suspended dividends, either as Covid-19 responses or otherwise.
ET have not cut or suspended (yet), but neither ET nor CSW have paid recent special dividends as they sometimes have in the past.
I purchased these originally on the strength of the companies' long-term potential, management strength and abilities, and growth or at least sustainability.
How would you rank or position these now in light of recent dividend cuts or suspensions, given that they are all underwater, some significantly, or at best more or less flat (ET), after mostly holding periods of 5 years or longer?
Which ones is it time to dump?

Q: Hello Peter and Team,
I currently have 50K ready to be invested in the market. I am looking for capital gain in the next 24 months. Above stocks have been hammered and did not fully recover yet. Agree that they are in different sectors, my portfolio is otherwise diversified.
Could you give me your expert opinion and prioritize your choices if any from the above.
I always value your opinion
Raouf

Q: Hi folks, analysis of Q results for Western Forest. After lengthy strike, 5 year contract in place for labour peace, dividend cut to help balance sheet, etc. Would wef/t now be buy/hold/sell at .80sh. I was lucky & bought/own Wft/t during its selloff so looking at wef/t to compliment wft; lumber/forest stocks all seem to be bouncing off the lows, Merci beaucoup, jb Piedmont QC

Q: I have held these for income and am down substantially. . All are in registered accounts. Are any of them in danger of bankruptcy? Are any worth holding and/or adding to at this time?
Thanks
Gary

Q: I am way under water on WEF. I see Mr. Pattison has spent many millions recently adding to his WFT holdings. Wonder if I should dump WEF and move to WFT. Your thoughts?

Thanks for your help.

Q: Hi 5i,

The Canadian forestry industry has been particularly punished in the volatility so far. What are your opinions on the sector for a long-term hold today? Do any companies stand out in particular?

Thank you in advance.

G

Q: What is the probability that this company would go bankrupt. Could you comment on its financial health.
Thank you

Q: I have the above 3 holdings with losses ranging from -60% to -85%. They each now represent less than 0.5% of my overall holdings so whatever happens they will barely move the needle. I am at a point where I feel I need to do some type of clean-up and would appreciate your advice. I see 3 possible choices:
1. Dump them right away regardless of price in the name of cleaning up my portfolio
2. Given that we might be close to a bottom wait (say between 1 month to a year) to hopefully sell at a better price
3. Top them up to at least a quarter or half position and hang on to them long term
They are all in registered accounts so there are no tax benefits in selling. Furthermore I went into this downturn with 30% cash and have since bought into the drop (other positions) bringing my cash down to 15%, with plans to do additional purchases if the market drops further. So at the moment, I have no immediate need for the little cash that selling these right now would bring. What would you suggest?

Q: Hi 5i,

Thank you for the great insight during this challenging time. Can I please ask your opinion on these five existing positions? Each is sitting at a substantial loss and trying to decide whether to sell, hold, or with a Canadian recession on the near horizon:
-Parkland Fuel
-New Flyer
-Cymbria
-Western Forest Products
-Savaria

Thank you in advance. Please use credits as needed.

G

Q: Hello team,

Would you please mark (from 1 to 10) each of the above companies in terms of their ability to weather a recession scenario. (the lower the mark the worse the current balance sheet and inability to service debt).

Thanks a whole bunch especially in this crazy times....

Q: Hello Peter, Ryan, and Team,

I read that US housing data is relatively positive at the moment, and am wondering if this is a plus for them and if their lofty 7.895% dividend could be considered safe.

Thanks as always for your insight.

Q: Western Forest reported on February 12th. Revenue was $80 million, well above the $46 million projected. Now that the strike has been resolved, do you see any upside to the stock. The dividend is good. I own it at double the price (many shares) and it is now and I know, I know, don't average down but it seems things are looking up with the strike over and the price has moved up since the announcement. So I am leaning towards buying more or getting out. I know you are not a financial advisor.
Would they make a good buy out candidate for a US lumber company? They use to have a good balance sheet but do they have one now?

Q: WEF and Steelworkers have reached a tentative agreement and the stock has reacted accordingly, currently reaching the top of its trading range over the past six months. However, of other forest product stocks, only ADN seems to be improving; is most of WEF's appreciation potential (for, say, the next year) baked-in now?

Q: There's hope that an labor agreement will be ratified. Will this be enough to give the stock some momentum or is the sector as a whole still uncertain?

Q: hi folks:
time to fold?
or are we at max pessimism?
pls comment on current balance sheet and long term sustainability
thanks in advance

Q: I hold the following in my balanced equity type portfolio and they all represent less than a half position, either because they have dropped or because they have not kept up with the rest of the portfolio. I have enough new money to top up 4 or 5 of them to their original weightings. Which would you top up at this point and which would you simply let go?

Q: Hello, this is about WEF labor dispute. Is there something new regarding the strike, is there an end in sight? Should one expect a good rebound in price once the strike is over? Would that make sense to buy now at the current price? Thanks, Gervais

Q: What is your opinion on the safety of the WEF dividend?

Q: Your opinion on chances of recovery in the next thirty or so days if sold for tax loss this week?
Many thanks guys.

Q: Lumber seems to be getting some interest. Your preference of these three?