Investment Q&A

Q: Thoughts on today's announcement regarding TRP?

Q: Hello,

Looking to add to my current positions in these companies (registered account, 10+ year time frame). If you could please rank them in order of potential upside that would be great (and if there is a company you would stay away from, please indicate).

Thanks!

Q: Hi, We have held a full position in ENB for many years and added a 1.5% position in TRP about a year ago, at $60-61, in a Non-Regd account, for Income/Growth.The investment, however, has been a huge disappointment. The endless cost issues with Coastal Link pipeline project and no clear timeline is now widely known. Are you aware of any catalysts in the near future ?

Over numerous comments, you have clearly indicated your preference for ENB and there being no particular need to own both companies. Based on the current scenario, would you support moving out of TRP ? Now or wait for the quarterly results ?

And, if we decide to sell the whole position ( and at least book the capital loss), what would be a reasonable price level you would use?

Thank You

Q: Hi All,
I have recently bought TRP and it has been falling ever since. I don't know whether I should continue to hold on to it and hope that this downward trend will reverse itself or sell and move on to something with more momentum?
Will the completion of the Keystone Pipeline inspire some upward movement in the stock? Also is the dividend safe?
Thanks for your valued opinion.
Jane

Q: I would like to take some profits from WSP and add to my existing dividend positions such as ENB, RY, SLF, Telus or TRP.
Please let me know your preferred Div Stock out of above list.
Thank you as always

Q: Hi Peter and team,

Can you please compare Pembina to TC Energy? Pembina seems to have been more conservative in terms of leverage and have a similar yield and a pretty range bound stock versus TRP which just keeps sliding.

Pembina seems to have some good strategic growth ahead of it here and TRP makes me wonder if they are chasing shiny things instead of what works and I wonder if they have the money to fund these projects.
Thoughts?

Q: TC Energy. There is a lot of talk about when the new pipeline in Canada will come online. When it does come online and provided there aren't any more delays, how much can we equate this to cash flow of the short - medium term? is it material?

Q: As a TRP dividend investor of 77 years old are the problems with the XL pipeline already baked? As I am a value investor for the most part would you suggest a switch to PPL or other suggestion? I have a 5 - 8 year time frame. I also hold ENB, SU, XOM and CVX as well as NXF as the energy part of my portfolio.
Stanley

Q: Hi 5i Team, I'm a retired dividend investor supported by portfolio dividends.

Currently, I'm holding positions in ENB and TRP for my pipeline weighting. I'm concerned about the lagging performance of TRP. What are your thoughts on trading TRP for PPL? Alternatively could also consider GEI or KEY.

Can you please list your favorite pipeline selections in order of growth and safety?

I like to hold 2 sector companies for diversification. Also, as TRP has been flat there are no cap gains. Please advise.

Thank you.

Q: Dividends of these companies are interesting for a retiree. I have money to put in two of them. Favoring Enbridge. In between the two other two, PPL with is involvement with the LNG in Kitimat I would be inclined. TRP I'm certain would be fine except for their problem with Line 5. What's your take on this.

Q: Retired, dividend-income investor.....this is a "timing" question.

I am close to topping up TRP...no panic to do so.....got a couple of questions.

#1 = I believe TRP reports in August 02/23.....wait for them to report?

#2 = Coastal Gas Link project....I went searching and read their May 31 update. I was looking for something to give me an idea about "on time and on budget"...came up with zip.

Do you have any more current info? At under $54, it looks like a good price to add. However, if waiting for another 6 weeks might bring some clarity and/or an even better price, then I'm ok to wait.

Got any insight?

Thanks...Steve

Q: Retired, dividend-income investor. I am looking at topping up existing positions in BCE, BNS, TRP over the next 1-3 months, as funds become available.

Please rank them in order of :
a) Value (based on where their P/E (or whatever the appropriate metric) is currently vs over time),
b) Potential capital upside.
Any thoughts on technicals and seasonality would be appreciated.
My own thoughts are to add to TRP first, then BNS, then lastly BCE.

Thanks for your help....Steve

Q: Hi 5i Team,

I am looking to create a dividend portfolio of 15 positions yielding around 6%. My plan is to weigh these positions equally in a non-registered account. A good number of these equities are in your income portfolio but I just wanted to get your opinion if you would swap any of these out or add anything else?

Telus
Enbridge
CNQ
TRP
MFC
BCE
TD
SLF
A&W
BEP.UN
BNS
Acadian Timber
Fiera Capital
CPD
CVD

Thanks in advance for your help!
David

Q: Good Day Team 5i: If I needed to raise cash , Which of these would you advise I sell at current prices ? I am a retired income and growth investor.Tellus down 5%, nutriune break even, and Tc energy break even.

Q: Retired dividend-income investor. We hold AQN in my wife's RRSP...held it since 2011...bought it at $5.60 and trimmed it several times over the years.

I am debating whether to flush it and take the proceeds and buy ZUT. I also own FTS, TRP and other utility-energy equities contained within ZLB and CDZ.

For the "keep AQN" argument = a) good momentum YTD = +27%, b) great chart, especially with the 50 mda overlay, c) if there is a take-over of AQN, there is a probable premium of "who knows "% (30%?).

For the "flush AQN" argument = a) with other planned cash injections throughout 2023, this would improve my overall sector allocations, b) minor point, but it would simplify my portfolio, by the elimination of a holding (I hold a reasonably concentrated portfolio of 12 blue chip stocks and 10 ETF's, plus fixed income), c) I thought I read that AQN is not expected to have a high rate of growth this year, d) the holdings inside ZUT look appealing, containing both renewable and non-renewable.

I am ok letting it ride for a while longer, but also ok flushing it. Your thoughts? Am I missing anything? I know you can't compare a single stock to a diversified ETF.

Thanks for your help...much appreciated...Steve

Q: Good morning team,
Could you please give your take on these holdings .. keepers or let go? With the exception of TECK, I am down with the rest. Although they are good companies, they don't seem to have +ve momentum ..
I appreciate your thoughts ?
Thanks
CR

Q: 1. Do you recommend purchasing these stocks now, and why pls? 2. How much could TRP price drop if the behind schedule Coastal Gaslink project takes even longer to complete?

Q: How would you rank the pipelines for growth, total return and safety of dividend for a long term hold?

Q: I have been fortunate to come into a windfall of cash from a relative, and I am interested in taking new positions in the following securities with this new cash. Please note, my existing portfolio is fairly well diversified across all sectors in North America.

Can I please get your long-term opinion on these new securities I wish to invest in. Do you see any issues with respect to these investment choices? I have money to invest and feel the urge to plunge into the market at this time.

CSH.UN, MRC, ALA, MPCT.UN, TRP, CVS, LIFE.U, TEVA

Thanks

George

Q: Hi 5i,
I have 3 different questions- please deduct accordingly.
1.) Since March 24 KEY (+12.46%) has outperformed each of ENB (+6.21%), TRP (+8.75) and PPL (+8.06%) by fairly substantial margins. I know that's a short time frame, but can you offer an explanation for KEY's better performance, and would you expect it to continue to lead the others over the next year?
2.) GSY is at or close to its lowest level since January 2021 - do you think the relevant company, sector and economy related bad news is now priced in and expect it to recover to the $150 range over 12 - 18 months, or do you think that's a pipe dream, and why or why not?
3.) In your opinion is ET likely to recover to at least the $14.00 level (where I bought it some time ago) this calendar year - and why or why not.
Thanks!
Peter