Q: The most recent report I can find is from Sept, 2013. Will you be updating any time soon? Are they still rated as an "A"?
Thanks
Dale
Thanks
Dale
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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: What is your current opinion and would you be comfortable starting a position today?
Q: Can you provide a selection from either the model portfolio or the income portfolio to replace Brookfield Infrastructure Partners (BIP.UN) or should I continue to hold it?
Q: To add to our income portfolio we are looking at purchasing BEP.UN and have read your favourable comments and 2013 report. We look at Google Finance, Morningstar and the TMX site and are a little confused by the very different numbers for eps, P/E,etc. Google Finance has a P/E of 102.27 and an eps of .31. The quarterly dividend is .42. ie not a very good payout ratio? Morningstar publishes a P/E TTM of 17.5. What is P/E TTM? Are you still favourable toward owning Bep.un.as a long term hold for income? Many thanks, Len
Q: BEP.UN (Brookfield Renewable): thoughts on latest results please. Thanks!
Q: A company I have been very happy with (WFI.TSX) looks like it will be bought out and I am selling it. I am looking to replace it in my portfolio. Brookfield Rebewable (BEP.UN) looks like a good fit with its dividend but the current portfolio report is dated to September of last year. Is 5i still considering this an 'A' rated company.
Q: Greeting Peter & Co.
I am looking for a stock with growth, income and reasonable stability (lower risk). Knowing this is a high standard, I am considering AltaGas (ALA), Brookfield Renewable (BEP.UN) and TransaAlte Renewables (RNW).
Would you please provide your analysis of these companies and an order of priority for making a purchase?
With appreciation.
Ed
I am looking for a stock with growth, income and reasonable stability (lower risk). Knowing this is a high standard, I am considering AltaGas (ALA), Brookfield Renewable (BEP.UN) and TransaAlte Renewables (RNW).
Would you please provide your analysis of these companies and an order of priority for making a purchase?
With appreciation.
Ed
Q: Good morning,
1) I am confused with the reported pay out ratio for BEP.UN. I know you have it in your income portfolio and you have stated cash flow for it is a better indicator. However, when researching various sites MSN has it at 112%; Financial Times at 257% and ycharts at 72.69%. I saw one had it at 545%. Would you mind solving this for me. What does your research say?
2) You recently provided an answer to me regarding "BUYS" in the Capped Utility sector.
What would be your top 4 "Buys' ….. long term, income.
Have a great weekend
Paul
1) I am confused with the reported pay out ratio for BEP.UN. I know you have it in your income portfolio and you have stated cash flow for it is a better indicator. However, when researching various sites MSN has it at 112%; Financial Times at 257% and ycharts at 72.69%. I saw one had it at 545%. Would you mind solving this for me. What does your research say?
2) You recently provided an answer to me regarding "BUYS" in the Capped Utility sector.
What would be your top 4 "Buys' ….. long term, income.
Have a great weekend
Paul
Q: Hello 5i,
I have been keeping an eye on Brookfield Renewable Energy (BEP.Un) and thought it might be a good time to buy with a small drop today. You seem to like this better than, say Emera, and I was wondering whether you thought it would be worth selling Emera to buy BEP.UN? I notice that Brookfield seems to have much more growth and I imagine that is one of the big reasons you like it. It has a much higher P/E than Emera, though. I bought Emera for the stability and income. Do you think that Brookfield is as stable and secure as Emera and you would thus get the growth as a bonus?
thanks
I have been keeping an eye on Brookfield Renewable Energy (BEP.Un) and thought it might be a good time to buy with a small drop today. You seem to like this better than, say Emera, and I was wondering whether you thought it would be worth selling Emera to buy BEP.UN? I notice that Brookfield seems to have much more growth and I imagine that is one of the big reasons you like it. It has a much higher P/E than Emera, though. I bought Emera for the stability and income. Do you think that Brookfield is as stable and secure as Emera and you would thus get the growth as a bonus?
thanks
Q: I notice BEP.UN is raising approximately $325 million this morning at $31.70 per share. Do you know what the money is needed for and would you recommend purchasing at the new issue offerring.
Q: Hi team:
I sold half of my position in CPD (i shares for preferred shares)
which I held for over a year, finally break even
I am looking for abit of income (dividends) with low risk for
capital appreciation
I already have WTE.un and Bep.un and Peyto, which one would you choose to add with the new money coming out from CPD ? thanks!
I sold half of my position in CPD (i shares for preferred shares)
which I held for over a year, finally break even
I am looking for abit of income (dividends) with low risk for
capital appreciation
I already have WTE.un and Bep.un and Peyto, which one would you choose to add with the new money coming out from CPD ? thanks!
Q: Hi 5i team,
AYA has 50% Debt and 50% equity and is graded as "B" in your report card. How do you grade BEP.UN which has 100% debt? Thanks
AYA has 50% Debt and 50% equity and is graded as "B" in your report card. How do you grade BEP.UN which has 100% debt? Thanks
Q: Good morning and thanks for the great work.
I currently own BEP.UN and have for a year or so it has done basically nothing in that time. I am condidering replacing it. What would be your top three picks in this area and would you consider replacing this stock if you are looking for growth long term.
Thanks Jon
I currently own BEP.UN and have for a year or so it has done basically nothing in that time. I am condidering replacing it. What would be your top three picks in this area and would you consider replacing this stock if you are looking for growth long term.
Thanks Jon
Q: Hi Peter & team, I must be missing something regarding Chris' question and answer. Bep.un has been transferred from the equity portfolio to the income portfolio. So, as Chris wants his portfolio to be income orientated, why should he sell it? Disclosure; I hold the stock for income already. Thanks. Henry
Q: Good afternoon,
For income and little bit of growth which of the two would choose, BEP.un or it's preferred share BRF.Pr.F?
Thanks
For income and little bit of growth which of the two would choose, BEP.un or it's preferred share BRF.Pr.F?
Thanks
Q: Re: BEP.UN
I established a healthy position in Brookfield Renewable several months ago based in part on the "A" rating by 5i. Would love to hear your comments on their recent acquisition of wind power assets in Ireland once you've had time to assess the deal.
Thanks very much, Brad
I established a healthy position in Brookfield Renewable several months ago based in part on the "A" rating by 5i. Would love to hear your comments on their recent acquisition of wind power assets in Ireland once you've had time to assess the deal.
Thanks very much, Brad
Q: BEP.UN This is not urgent.
In your research report you mention the related party transactions as an advantage, but are they not also a risk?
Seems that there could be instances where interests between ordinary shareholders and the parent could be misaligned (buying less-than-necessary services from the parent for example - I work for a complicated multinational - this does happen). A quick Google search to try to find the ownership structure for Brookfield companies yielded this:
http://sirf-online.org/2013/03/11/paper-world-of-brookfield-asset-management/
I'm not saying the article has everything right but I'd be interested in your comments.
Basically I would never consider buying this if it wasn't for the 5i conflict free pledge because I can't figure out the structure of it all and with the related parties I wouldn't ever be sure I was getting unbiased advise. Given you're rating, however, that makes me think it might be a unique opportunity if you've done your homework... Hence I am very intrigued to know how you assess the stock in context of the bigger Brookfield picture.
As this is one of your assessed and top rated companies, hopefully you can provide a fairly thorough response as I suspect others might be interested too as an addendum to the report.
Thank you
In your research report you mention the related party transactions as an advantage, but are they not also a risk?
Seems that there could be instances where interests between ordinary shareholders and the parent could be misaligned (buying less-than-necessary services from the parent for example - I work for a complicated multinational - this does happen). A quick Google search to try to find the ownership structure for Brookfield companies yielded this:
http://sirf-online.org/2013/03/11/paper-world-of-brookfield-asset-management/
I'm not saying the article has everything right but I'd be interested in your comments.
Basically I would never consider buying this if it wasn't for the 5i conflict free pledge because I can't figure out the structure of it all and with the related parties I wouldn't ever be sure I was getting unbiased advise. Given you're rating, however, that makes me think it might be a unique opportunity if you've done your homework... Hence I am very intrigued to know how you assess the stock in context of the bigger Brookfield picture.
As this is one of your assessed and top rated companies, hopefully you can provide a fairly thorough response as I suspect others might be interested too as an addendum to the report.
Thank you
Q: Hello I'am looking at your Sept.13th report on BEP.UN. It was $26.96 then and is now trading at $30.65. Question I'am I too late to get in???
Q: Bep.un - thoughts on recent results and acquisition please. Thx!
Q: Hello 5i team. BEP.UN has increased approximately 7.5% since you recommended it in September 2013 but seems to fluctuate. Still a decent yield of 5.4%. Would you recommend initiating a new position in this name at this point? Thank you.