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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: PLZ.DB.C 7%, 31DEC17
Hello 5i. Recognize this question is outside of small cap equities but would like to know if you will tackle this question.

Despite calling the company, reviewing SEDAR document and even reaching out to Hank Cunningham, I am left not knowing exactly what I own in this debenture. The question I have is in what are the options for company and investor at Dec 31, 2017.
Given these debentures came from take over of KEY REit, I can not follow the trail or find the specific document that identifies the features and options.
I am currently up 4%(capital) trading at $106.12 plus the income payments over a few years.
If this reverts back to PAR(Dec 31,2017) the capital will show a loss (paid $101.97). I would rather sell now and move on instead of waiting for a final income payment but do also realize 7% yield in a company I believe can keep up the payments is a very good investment.

Can you comment and/or offer facts about this debenture?
Thanks
Dave
Read Answer Asked by Dave on July 27, 2016
Q: I am researching REITs to invest personalllythru non registered account and or TFSA. Which do you think would provide good medium term return (on 3-5 year time horizon)?
A friend also told me about NSI.NV, a small REIT which he believes will increase in value by 20% in the short term. Do you know anything about this company and would you recommend investing a small amount of capital, given the fact any investment would be in Euros and there's probably no hedging against devaluation of the CDN dollar available? Thanks for all your help.
Read Answer Asked by Robert on July 11, 2016