Investment Q&A

Q: Hi 5i,
Just some additional comments following on Scott’s question about the latest issue of EIF debentures. EIF is a serial issuer of convertible debentures. This issue will likely trade as EIF.DB.K when it hits the exchange and the timing of the issue suggests that its purpose is to fund the redemption of the EIF.DB.G debentures, for which EIF will soon be issuing a redemption notice. The series G debentures have had a 6% coupon and have been trading in the money (share price above $31.70) for a good chunk of the past couple of years. The new issue technically extends this portion of EIF’s debt financing out to the new issue’s maturity date, March 31, 2026. However, anyone considering holding EIF debentures should be aware that they routinely ‘hard call’ their debentures, for an early redemption at par, typically about two years before maturity. For example, the actual maturity date on the series G debentures isn’t until March 31, 2021. To obtain the existing premium, current holders of the series G debentures will need to convert them into common shares at $31.70 or else sell them into the market before the redemption date. Cheers!

Q: Hi- can you comment on this new Conv Deb issue- the rate
seems high at 5.75%- when is the issue considered high
yield and/or junk? Any concerns on the solvency of this company

Q: Please rank SIS, EIF, NFI in order of best growth prospects over the next three years.
Thank you.
Howard

Q: Hi,

What do you make of EIF's latest bought deal ? The market does not seem to appreciate.

Thanks

Q: I currently sit at 2.5% on EIF and GSY, would a top of of one these 2 be in order or add 2.5% of ECN? The only other financial is BNS with 2.5%.

Q: Hi gang, could you please comment on EIF’s earnings results just released. Another quick question- does this change your opionion on whether to buy the stock and what percentage of one’s overall port to hold. Thanks a million. Alan

Q: Good day,

What is expected from EIF for their next quaterly results ?

Thank you

Q: hi,
thanks as always for your advice, it's been a tremendous help. I need to add another full position in my non-registered "buy and hold long term DRIP holdings". I am debating between AQN, EIF,H, & SPB. Not considering sector holdings, what order would you put these in to purchase first to last.
thanks
michele

Q: Hey Guys,
I follow the Income model , I see that Crius was removed recently , I decided to keep it for the time being and got a bit lucky with the takeover and jump in the price. Now that it will be stuck in the $7.50 range I'm considering selling it now. If I do sell it and want to replace it with something what do you think of Algonquin Power ( AQN)? Or is this to similar to BEP.un, H and VNR already in the model? If you still held KWH.un in the model and moved it out now what would it be replaced with?
Thanks

Q: Hi Team. I would like the percentage change in the short positions on Eif on both sides of the border. Thank you so much, Alan

Q: I'm considering a position in EIF and would like to understand your views on this stock and if this is an investment you would support. Thanks

Q: Thinking of adding one of the above two companies to my account. Which one would you say is the best bet at this time.

Q: Good day team. Do you believe EIF will increase their dividend this year?

Cheers

Q: Over the past 2 years I have slowly adjusted my portfolio to be more growth (overall return) focused as opposed to heavily dividend focused. I am considering selling EIF and purchasing WSP. WSP is a larger company with a higher valuation which I'd be okay with as long as I'm paying for a better company with higher growth prospects. Your thoughts, please.

Q: EIF just hit a 52 week low this morning. Is this name due for a big rebound? Also are they financially sound to sustain the current dividend yield? Thanks.

Q: Is the continued drop in share price caused by US short sellers

Q: i own quite a few of your favorite companies kinaxis,the stars group,covalon,great cnd gaming,methanex,square -on square iown long dated options a year out,savaria,knight,enbridge,shopify,largo
i also own some you do not like , like baytex but ithink if oil gets to 60-65 this is at least 4.00, i have an awful lot of cash, so i am looking for one small to mid cap that you really like for the next few months, could be in the u.s. but i prefer canada.has to be liquid.does not have to be in your portfolios.dave

Q: Hi
What’s your opinion of EIF as a long term hold for an income portfolio?
Thanks
Rick

Q: hi guys,

wondering if i could get your comments on the earnings reported by the noted companies. deduct necessary credits for question on multiple companies if needed. thanks.

Q: What is the current situation with regards to the short attack on the company earlier in the year. With the recent decline in share price it has a very attractive yield. What are the odds of a dividend cut? What per cent do insiders own? This company has executed well in the past seems to have good management and their airline business is a near monopoly in the north. The erosion of the share price seems to be more in sympathy with markets in general rather than based on company metrics. Appreciate you comments.