Q: What are your thoughts on the announced acquisition by EQB of Concentra Bank, along with the big dividend increase. Is this an opportunity to step into the name, considering enhanced growth potential, a current P/E of only 9 (G&M figure) and that there might be a pullback toward the bought deal sub receipt price of $70.50?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi Folks,
I am looking to add to the Financial Sector in my TFSA - looking at BAM.A or Visa. Currently hold BNS and TD. Which would you recommend at this time.
Thanks
I am looking to add to the Financial Sector in my TFSA - looking at BAM.A or Visa. Currently hold BNS and TD. Which would you recommend at this time.
Thanks
Q: Please comment on the following possible risks to owning GSY:
1) Balance Sheet - 5i’s January report indicates it is strong, but Debt/Equity (as of Sept/21) is almost 160% (considering Long Debt only). My understanding is a ratio of 25% or less is good.
2) Interest Rates - Rising rates are generally good for Financials like Banks/Insurers since they hold lots of cash. I don’t think GSY holds deposits, so does that mean rising rates are bad for it?
3) Loan Defaults - Related to rising rates, wouldn’t GSY’s client base be quite vulnerable here?
1) Balance Sheet - 5i’s January report indicates it is strong, but Debt/Equity (as of Sept/21) is almost 160% (considering Long Debt only). My understanding is a ratio of 25% or less is good.
2) Interest Rates - Rising rates are generally good for Financials like Banks/Insurers since they hold lots of cash. I don’t think GSY holds deposits, so does that mean rising rates are bad for it?
3) Loan Defaults - Related to rising rates, wouldn’t GSY’s client base be quite vulnerable here?
Q: Is MFC a good way to play China and the rising middle class while avoiding the governance issues of Chinese listed companies? At 38%, could the China exposure give it an edge in growth over SLF?
Q: Canada Post is currently piloting a Canada Post MyMoney Loan where funds would be delivered from TD to help expand access to financial services (loans) for Canadians.
The personal loans offered by Canada Post and delivered with TD are available in smaller dollar amounts starting at $1,000 – and up to $30,000 – with flexible repayment terms ranging from one to seven years. As always with TD products, customers can expect competitive interest rates.
Do you see this benefiting TD in any significant way and also do you see this hurting a company like GSY.
Curious to hear your thoughts.
Thank you
The personal loans offered by Canada Post and delivered with TD are available in smaller dollar amounts starting at $1,000 – and up to $30,000 – with flexible repayment terms ranging from one to seven years. As always with TD products, customers can expect competitive interest rates.
Do you see this benefiting TD in any significant way and also do you see this hurting a company like GSY.
Curious to hear your thoughts.
Thank you
Q: Hi there - I've been researching Equitable for a bit and really like it overall. My only issue (beyond a housing decline) is it's total debt (which seems quite high).
Could I possibly get your thoughts on that?
Thanks so much - really appreciate it!
Could I possibly get your thoughts on that?
Thanks so much - really appreciate it!
Q: Your comments on this stock. Would you buy here? Is the dividend safe?
Q: Any likelihood of Dominion Lending getting any more Buyers as it moves up to the TSX from the Venture?
Is this move generally good for the share price?
Is this move generally good for the share price?
Q: MKP this company seems to be a steady climber with a great dividend , is it one to buy or is there better ones in the same sector to pursue ? thanks
Q: I’m a little confused by GSY’s recent stock performance. It has been correcting for a while, but that seemed to have accelerated with the tech sell off this month and I don’t see the link. GSY trades at a reasonable multiple and has earnings and earnings growth, but it seems to be down big when the nasdaq is down big and up big when the nasdaq is up. What am I missing? Similar to Costco’s behaviour where the business isn’t technology but because it is included in the Nasdaq it seems to track it. Is that due to selling pressure from ETFs?
Thanks,
Jason
Thanks,
Jason
Q: hi. do you have any information on the hiring of "big" mike McCormack as "head of risk management" at ECN capital. has anybody at 5i phoned the CEO at ECN, perhaps he is at big mike's "waterfront home in FLA". apparently over 5 million dollars in stock/stock options accrued he hath, shortly after his retirement from the Toronto police force? I'm just getting this info from Kevin Donovan's article in the Toronto star march 8, 2021. maybe it's just me, but this sounds a bit odd to me?
Q: Hi,
If I already own SLF, would it be too much overlap to also buy some TSU? I know they are both insurance but somewhat different? If I wanted more growth, would I lean towards TSU and if I wanted less growth and more stability, lean towards SLF? How does the valuation and growth prospects compare to each other going forward? Thanks!
If I already own SLF, would it be too much overlap to also buy some TSU? I know they are both insurance but somewhat different? If I wanted more growth, would I lean towards TSU and if I wanted less growth and more stability, lean towards SLF? How does the valuation and growth prospects compare to each other going forward? Thanks!
Q: It looks like investors are disappointed with Paypal for another quarter. What are your thoughts? Is this a good company that just got ahead of itself in valuation and returning to earth or is there maybe a problem here. I've held shares for about 3 years and wondering if it's time to move on from this name. Thanks!
Q: How would you characterize this bank (tech/private equity proxy?) and with its recent fall would you see it as more reasonably valued and an opportunity now? Thanks
Q: Globe and Mail reported that between Jan 6-11, three board members of ECN paid an average $5.36 per share and invested about $6.25M. What is the outlook for this company going forward; I don't understand what is left of the company after the sale in December and how profitable it will be going forward. Seems strange that ECN hired ex-Toronto Police Association head Mike McCormack as chief risk officer -apparently he is a friend of the CEO - sounds like nepotism to me and not reassuring to stock holders. Thanks for your comments!
Q: Can you recommend a Canadian ETF that holds only Canadian banks but does not write covered calls?
With appreciation,
Ed
With appreciation,
Ed
Q: Would you prefer Morgan Stanley or Goldman Sachs today.
Thank You,
Barry
Thank You,
Barry
Q: just asked your favorite banks could u rate all 5 in order u like
-
Royal Bank of Canada (RY)
-
Toronto Dominion Bank (The) (TD)
-
Bank Of Montreal (BMO)
-
Bank Nova Scotia Halifax Pfd 3 (BNS)
Q: if i was to add canadian bank today which is your favorite? i understand ask many time but doing today. thanks for your help
Q: If the rate of inflation is moderately higher than expected of the next 3 to 5 years which of the 6 banks do you think will do the best and which the worst?
What are the positives and negatives for the banks from
higher than expected inflation?
What are the positives and negatives for the banks from
higher than expected inflation?