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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: Can you comment on earnings.

Can you comment on earnings please.

CPX is about 2% of my portfolio. I have owned it for about three years approx and I am up slightly on my investment plus the dividends of course.

Is there positive consensus that they will get sufficient compensation for closing coal plant early?

What is your current rating on the company? I am a buy and hold guy.

Thank you
Stephane



Read Answer Asked by Stephane on October 24, 2016
Q: Hi
I would appreciate your view on the recent Capital Power minimum reset preferred issue CPX.PR.G. It has a floor of 6% yield with upside if interest rates eventually go up. I am aware that the Alberta government is planning to retire colas assets and the compensation may fall short. My thought is the prefs would be a relatively safer way to capture yield. Your perspective is appreciated
Thank you
Steven
Read Answer Asked by Steven on October 13, 2016
Q: Peter; The Alberta government just announced they are going to challenge a agreement made by the previous PC government to basically allow power companies out of contracts if they proved to be unprofitable due to actions by the government. It's called the ENRON agreement.. Can you quantify which companies these would be, and the impact, if the challenge is upheld.? Thanks. Rod
Read Answer Asked by Rodney on July 27, 2016
Q: Alqonquin, Capial Power, and Altagas have rate reset preferred shares selling at a significant discount with reset dates in 2018. With a 5 year Government rate of .55 to .7 they have issues that will still offer a very attractive rate of return. For a conservative investor would you rate these issuing companies as an acceptable TFSA investment?. How would you rank them?

Thanks Team
Read Answer Asked by Warren on July 12, 2016
Q: Hi Peter and Staff
I hold a small position in CPX in my utilities group. Wondering how you feel about KWH.UN that I do not own as a replacement or would you suggest I keep CPX or sell CPX and look elsewhere entirely in a different sector as I own all the other usual recommended suspects in this sector.
Read Answer Asked by Dennis on May 12, 2016
Q: Good Morning: I have held cpx.pr.a for some time and my cost is well below the 25.00 issue price. However, there seems to be unrelenting pressure on this pref. and I'm left wondering whether or not there is something here that I'm not aware of. Do investors/analysts wonder about the ability of Capital Power to stay in business? The current yield on the pref. in question is very high and yet it does not reset again until nearly 5 years from now. I would appreciate your comments about this pref. and whether or not you see it as a buy, sell or hold at this time. With thanks, Don
Read Answer Asked by Donald on January 27, 2016
Q: Hi Peter and Staff
Did well on this initially by buying in low $20's and sold off a bit at a gain at $26 ish,now under water big time of the rest. Small Position....once Transalta started down (I sold), it never stopped for a long time.....many blamed it on bad management. How big an impact how soon is the Alberta coal changes going to affect their FFO and can they adjust their business plan enough to make me enjoy the dividend now and hope that even if my capital loss does not reverse itself quickly, it does not get bigger?
Thanks for all you do
Dennis
Read Answer Asked by Dennis on November 27, 2015