Investment Q&A

Q: SJR.b It has been a few months since you commented on Shaw, and given Telus' continued success with winning over cable customers, and the Industry Minister announcing that if you don't use your spectrum, you will lose out, is Shaw becoming less attractive as both a growth stock, and as a take-out candidate? While a seemingly good geographic fit for Rogers, if Rogers can't expect to capture the spectrum that Shaw purchased in an earlier auction, and cable TV is apparently the government's next target, is it time to throw in the towel on Shaw? Yes it's still good for income, but its yield is only just above 4 today; did the Shaw family miss the sweet spot in timing a sale?

Q: There is always a lot of news on Apple but very little is said about Microsoft.. Would you consider MSFT to be a buy?

Q: Peter - I am wondering where you go to in order to find out when individual companies are giving their quarterly reports and what the street consensus is for their upcoming performance. Is there a specific website to go to for that information. I really appreciate your service and have truly benefitted more that ever before. You are to be congratulated for setting this up.

Q: Hello 5I Team. Last night I sent you a question but have had no reply. I am assuming you did not receive it so I am re-sending it again.

I am considering 2 different REITS: HOT.UN and WIR.UN. Both companies are registered in Canada but have their portfolios of properties in the US. HOT.UN (American Hotel)has a portfolio of hotels that have most of their occupancy contracted for up to 10 years to rail companies. I would like your opinion if their model is sustainable to protect their current valuation and dividend of approx. 8% and if the dividends are considered eligible dividends for income tax purposes and finally do you see any upside for this company. WIR.UN (WPT Industrial) owns and manages high quality industrial properties, and its stock trades in US$. Would their dividends which are paid in US$ considered eligible dividends & my final question: Which of these 2 do you feel is a better play on the US recovery, as well as which of these would be safer as an income play & preservation of capital, assuming that neither of these would appreciate very much in the current uncertainty about interest rate direction and do you feel that REITs still have momentum to the downside. Thanks again for your time to answer my question.

Joseph

Q: re. EXFO Inc. (EXF-T)

I have a number of questions about EXFO Inc. First, what is your current opinion and insights about this company? I would also appreciate an explanation of their technology in layman terms. Finally, what is their competitive position in their industry?

Thanks, as usual, for your efforts on my behalf and, of course, other retail investors.

Owen Neal
Drumheller, Alberta

Q: WIR.U, Industrial prop. in USA-not a lot of info available-CIBC covers and has a outperform rating @ $10 TP 12 mth out-sustainable dividend @>8%? I was thinking of adding to my RRSP. Comments please -would you buy??

Q: Hello, could you please comment on Organovo Holding Inc (ONVO). The stock has jumped as much as 17% recently after strong second-quarter earning results. This looks like a growth company with some good potential. Would you recommend buying into the company and holding for 6-12 months?

Q: Hi Peter and 5iResearch Team,
Can you please provide your guidance on Applied Properties, AP.UN. Is this a good time to buy this REIT, and how does it compare with Dundee REIT, D.UN.. I own Dundee, and would like to know if AP would provide additional diversification and good LT performance.
Thank you.

Q: Hello Team 5i,
I have a diverse portfolio consisting of many companies, some of the companies are located in faraway places, hence my question about tax treaties with other countries. In my RRSP account I am consistently being deducted funds when I receive dividends, I assume for taxes, below are a few of the companies doing this. I have contacted my brokerage company and am basically told this is the way it is. One of the companies below “Williams Partners” deducted the most money. I thought we had a tax treaty in place (USA) or is there something I need to sign.
Williams Partners LP NYSE:WPZ, China Mobile Ltd NYSE:CHL, Royal Dutch Shell PLCNYSE:RDS.A
Your help is always appreciated,

Q: what do you think of eco.to

Q: Hi
Can i get your opinion on ICLD
thanks

Q: Hi Peter & Co.,
Can I get your thoughts on Rogers Sugar's latest quarterly results released today? Is this still a good one to keep for income? Many thanks,
Brian

Q: can fortress paper be turn around?

Q: Hi. I own CPG, VET, and WCP as individual stocks in my RSP account but I also own XEG. For growth, I'm thinking of selling my XEG and buying more VET and WCP. Would you agree?

Thank you.

Q: What do you think of FAY.un other than a small comp. and not much volume?

Q: Hi,

For the benefit of CXS users please comment on their quarterly results. Thanks

Q: What did you think of Counsel's quarterly results?

Looks like they just missed earnings estimates, but showed good Mortgages Under Administration growth. Seems like a bit of a messy quarter with slight underperformance. Do you think it's a buy on weakness (if it's weak tomorrow)?

Q: Dear 5i
I don/t have any stocks in the financial services sector .
If you could only pick one that has great growth potential over the next 1-2 years which one would it be ,fsz ?
Also magna or Linamar ? Both have done great but which will likely be the better one going forward .
Thanks again .
Bill

Q: What would you prefer GS or FSZ?

Q: Hi Peter & 5i: A thought occurs while I am suffering through the recent quarterly announcement from Partners REIT (PAR.UN), the distribution reduction and the associated significant drop in unit price, all in the name of “financial flexibility,” while the independent directors shepherd the enterprise through its disentanglement with external management and some process of considering strategic alternatives. The REIT has all too recently weathered an acrimonious civil war, in which those who would have moved swiftly to internalize management lost that bid, in a special vote of the shareholders, due to the hard fought resistance of the very same external manager they were trying to expel, a company which also happens to be the REIT’s largest shareholder. So in very short order thereafter, the external manager company is in financial trouble and facing bankruptcy, perhaps due in part to its expenditures in defending its lucrative management contract with Partners. Now who might be hurt the most, in the short term, by the present moves? Let’s take that company in bankruptcy and in a single swat reduce what may well be among its most valuable assets, the holding of REIT units, by 10%. In the same move, let’s reduce the life blood, the regular monthly cash flow the manager receives from those units by 20%, effective immediately (with the November distribution). I have no insider knowledge about Partners but this has the look of what might be a bit of a vengeful disemboweling of those who successfully suppressed the coup attempt but then failed, fatally in its aftermath. Or am I reading too much in here? I'm tempted to hang in with it and see where it goes but wonder whether I might be better off to take my loss now and move along. Thanks for any thoughts on this!