Investment Q&A

Q: I am helping my 65-year-old mother reallocate about 20% of her growth and income portfolio in collaboration with her financial advisor; the major move is to decrease the very large position she has in bank stocks. For most of this chunk (17% say), her advisor has suggested an even-split combination of the following (in light of the interest rate hike, and to provide additional dividends): Telus (T), Pure Multi-Family REIT (RUF.UN), Slate Retail REIT (SRT.UN), Power Financial (PWF), Manulife (MFC), and Altagas (ALA) (in anticipation of the potential WGL acquisition). Would you replace any of these (and if so with what)? Would you give greater weight to any? Thanks!

Q: AltaGas seems to be on a downhill slide since early June. Is this soley the result of rising interest rates or is there more to it?

Q: Hi, could you please rank these 6% plus income stocks purely in terms of relative security of the dividend. Any that you feel might little too risky for a conservative retired investor. Thanks.

Q: I realize that the companies mentioned are not equal size but how would you rank them in terms of growth profile for the next 5 years from 1 to 10. 1 is lowest and 10 highest. Thanks

Kenn

Q: Would you be comfortable purchasing IPL @ the current price?
If you choosing between IPL or ALA, which would you pick?
Thank you,
Martin

Q: Hi, I am looking to pick either ENB or ALA for utility sector. from dividend and valuation perspective, ALA looks far more attractive.
I would appreciate if you can provide a comparison of the two and your preference.

Q: Hello:
Would you be comfortable purchasing ALA @ the current price range?
Thanks : Jerry

Q: Peter to you have link that I can get the perspective on this pref
Many thanks
Stan
Ala.pr.u

Q: Hi 5i,
Just a note on your answer to Luca’s question about the conversion date for the ALA.R subscription receipts. You mentioned June 30th. Also important to keep in mind that it’s 2018. No need to publish this if someone else already mentioned it. Cheers!

Q: You mentioned in an answer to a recent question that you think of ALA as more infrastructure. As such, would you classify ALA as in the industrial sector?

Q: Good morning,
Your answer to a previous question regarding ala.r indicates that the dividends are not dividends but interest income. Please confirm if they are taxed as dividends or interest. I hold in a cash account.
If subscription receipts are sold before conversion would that be considered a capital gain/loss? When is the expected date for the conversion to common shares.
Thanks

Q: Just wondering what your thoughts are between purchasing ALA or the receipts (ALA.r). The receipts always trade at a slight discount to the regular shares. Thanks for any info you can provide.

Q: How does Natural gas look to you going forward. If one was to believe in this sector, which looks best ALA,ARX to TOG for appreciation

Thanks

Mark

Q: I realize this is a subjective question. Amongst ENB,IPL,ALA, PPL.

Based on 10 / 10 being really good; Please give me a number for each based on "overall quality of company", past 10 year historical track record, safety of dividend and future growth.

thanks

Q: I am looking at buying either ALA or ALA.r in my RRSP.
I have read your analysis on this matter and am not sure I follow it all. The receipts were issued at $31.00 and are redeemable at $31.00 should the deal not go through. They now trade at $ 29.65. If I buy the receipts ,I will collect the " dividend equivalent ". If the deals goes through ( which I think is likely), I will receive new shares.

It seems a "no brainer" to buy the receipts as you have a capital gain if the deal does not go through. The receipts seems to track the stock which seem to offer a buying opportunity.

What do you think? Thanks

Derek

Q: Peter always good to see you on BNN. You mentioned Altagas' dividend being fine as it would be based on cash flow ( please correct me if I'm misquoting) and therefore a decent investment.
Could you respond to this article about Altagas and the author's points?
https://www.fool.ca/2017/06/05/my-take-on-altagas-ltd-why-50-downside-remains/

Thank you

Q: If I have ALA in my RRIF with a loss can I sell it and buy it back in my cash account without waiting 30 days.

Q: I bought the Alta Gas Receipts in March 2017 on the understanding that it would pay $31 in March 2018 as a redemption giving me an approx 7% return. Is that still accurate? Also I note the stock dropped 1.8% today. What's going on? Thanks guys.

Q: Good morning
It has come to my attention that a broker commented on ALA's dividend payout as being 257.5 %.
Further, the broker is raising questions on the sustainability of its robust payout ratio.
I will appreciate your comments. Is the dividend at risk?
Thanks
Terry

Q: 1. I want to make sure I'm not overweight in oil and gas. Since some utility companies have gas, do they count as utility sector or oil and gas?

I own FTS, ENB, ALA and WCP. Obviously WCP is a pure oil and gas stock and FTS is a utility because its electric, but how would you classify ALA and ENB? Globe and mail investor classifies ENB as oil and gas and ALA (although ALA does have gas so I am confused) as utility which would put me at:

WCP, ENB oil and gas
ALA and FTS Utility

Do you agree with the above? This would give me an 8% weighting in each?

2. I was also thinking of using my cash position to add kwh.un which i believe classifies as a utility due to the focus on electric. It would bring me to a 12% weighting in utilities if my above sector allocations are correct. I have all ten sectors represented in my portfolio and would be buying for the dividend. what do u think?