Investment Q&A

Q: What do you think of PPL's quarterly and annual results? Thank you.

Q: Good morning,

Two questions this morning. Both are would you make the switch?

I have JNJ that I bought at the $65.00 range back in 2011I think. Would you sell and switch it to ABBV?? Or stay the course?

Same goes for PPL. I have owned it for quite a while and it has gone up nice. Would you switch it to IPL or stay the course?

Thanks
Jimmy

Q: Hello,
I hold TRP 5%, FTS 4%, ENB 3%, EMA 1.2%, PPL 1.2%, & AQN 1.2% in my accounts. I plan to increase the smaller holdings to about 2% each. I like these stocks for their dividends and their international diversification. Are these 6 utilities reasonable choices as long term holdings or should I look elsewhere?
Would you please rank them.
I am way past my retirement age but do not relay on the dividend income from these stocks.

Thank you,

Werner

Q: Good Morning
Raymond James lowered their IPL target to $20 from $23 today with an underperform rating. The Street target is $25.
Do you foresee another fiasco with a substantial dividend cut like we saw with Alberta Gas? Would you recommend holding the stock or selling?
Thanks

Q: Holders have the option of switching to the "floating" rate (90 day t bill) plus 2.6% or staying with the 5 year + 2.6%.
What should be done,, trading at quite a discount, is selling a viable option??

Q: I have a capital loss that I want to crystallize in VET, and I was considering buying PPL to maintain sector exposure. I still believe that VET is a company that I would like to hold long term, but I have some capital gains in 2018 towards which I can use this loss to reduce my taxes in my 2019 return.

My concern is that VET could potentially have large gains in the thirty days that I would need to wait in order to crystallize my loss before repurchasing it. My secondary concern is that since VET is paying a substantial dividend (approx. 8.7%), that I might be better off just collecting my dividend and standing pat.

Please let me know what your thoughts would be regarding this idea. Thanks so much!

Q: I own both and wonder if that makes sense .
I am considering selling ppl and purchase more ipl to capture the greater yield .
The upside for each I am assuming should be more or less equal.
Do you think this would be prudent

Q: Please comment on PPL's announcement pertaining to the building of a new petrochemical plant. In December 2017 IPL announced a similar project and since then the share price of IPL has noticeably under performed their Canadian pipeline peers. How different is PPL's project from IPL? Do you know much about their Kuwait based partner? How will this impact the PPL balance sheet? Do you expect they will need to issue more shares to finance this project? PPL is one of my largest holdings and I invest in it because they have shown to have good management and have the steady cash flow from the pipeline businesses. Does this transaction change that thesis in any way? The project feels like an unnecessary bet and all of a sudden a riskier holding for a conservative income investor.
Thanks
Rob

Q: What are your thoughts on the partnership with with Petrochemical Industries ("PIC") of Kuwait, to construct a 550,000 tonne per annum integrated propane dehydrogenation ("PDH") plant and polypropylene ("PP") upgrading facility, expected to be in-service in mid-2023 and expected to generate annual run-rate Adjusted EBITDA of $275 to $350 million, net to Pembina?

Impact to balance sheet, cash flow, and growth? Thanks.

Q: Which one or two of these would you add to a RRSP for secure income, with a brief rationale please.

Q: Good Morning,

Currently hold the following in my TFSA ($30,000): BNS, SLF, AQN, AW.UN, AD, SPB, BEP.UN, GSY, SIS, TOY, TSGI, PBH, MX.

Looking to deploy $3,000 and add one or two of the companies addressed in this question. What would be your order of preference in terms of combination of dividend and some growth. Feel free to suggest others.

Thank you.

Larry

Q: Do you have any dividend yield plays with this market correction,that a person could take advantage of? I prefer a yield with some growth,kind of looking at ENB,IPL,AQN. I currently have BNS,some preferred,debentures,etc. I would appreciate any suggestions you might have.

Q: Bond yields are steadily declining yet these dividend growers were hit hard yesterday & today
Please explain

Q: PLEASE RATE THE BELOW IN ORDER :
A; AS PER DIVIDEND SAFETY
B; AS PER VALUE COMPARED TO CURRENT SHARE PRICE
KWH.UN (Crius Energy Trust)
VET (Vermilion Energy)
ALA (Altagas)
HOT.UN (American Hotel Income Properties REIT)
BEP.UN (Brookfield Renewable Energy Partners)
CJ (Cardinal Energy Ltd.)
DRG.UN (Dream Global Real Estate Investment)
IPL (Inter Pipeline Fund)
PPL (Pembina Pipeline)
DR (Medical Facilities Corp)

THANKS YOU
yossi

Q: ALA: Sorry, another question about ALA. I just want to confirm: Is your best advice to sell ALA, take the loss (in my non-registered account) and move on, despite the 50% loss in share price? Besides ENB as an alternative for a long term income objective, what other quality stocks would you recommend now?

Q: Based on current fundamentals and projected earnings over the next 1 to 3 years which pipeline company would you recommend for purchase during this tax-loss season? ENB seems to have better growth potential in the next 1 to 2 years but PPL has been much less volatile over the last 3 years.

Q: "The new annual dividend rate applicable to the Series N Shares for the five-year period commencing on December 1, 2018 to, but excluding, December 1, 2023 will be 5.086 percent, being equal to the five-year Government of Canada bond yield of 2.436 percent determined as of today plus 2.65 percent in accordance with the terms of the Series N Shares.” (Quote from November 1 PRNewswire)

In hindsite I am thinking that I should have just bought 2 good dividend paying stocks, such as T, TRP, PPL, and FTS. ENB would also be high on my list though I do have a full position. The others are about a half position.

1 - Does this make any sense? I am thinking that the dividends are close to the 5% of the Preferred O shares and the chances of recovering some of my loses are probably better. somehow I think the Series O Preferred's don’t stand much chance of getting back to $25.00 in the next 5 years.

2 - Correct me if I am wrong but Enbridge won’t likely call the shares in unless the rates drop quite bit?

3 - If you believe that my thinking makes sense would you rank the suggested stocks including ENB in order of preference. Feel free to add any other Dividend stock over my suggestions

4 - What scenario would make the value of Series N appreciate or go up in value?

Please take as many credits as necessary for my questions.

John

Q: I assume ALA spun out ACI to reduce debt. Given the positive recommendations on ACI while ALA shares continue to decline, it appears to be short gain for long term pain. Thus, I am confused as to why ALA did this. Also, with ALA in the doldrums, would it make sense to take my loss in ALA and buy ACI? Or should I stick with ALA for greater rebound potential?

Q: For income & some growth please rank the following in order of preference:
ALQ
BEP.un
ENB
KEY
PPL

Q: In numerous questions you always give a preference to PPL over IPL. Could you please explain your rationale for this ? Thanks. Joe