Investment Q&A

• Brookfield Corporation Class A Limited Voting Shares (BN $61.75)
  • $61.75 P/E (TTM): 108.98X Cap: $137.72B
  • View BN Profile
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $72.41)
  • $72.41 P/E (TTM): 33.95X Cap: $117.16B
  • View BAM Profile
  • View Questions on BAM

Q: I assume when you suggest BAM you are referring to BAM and not BN? I think many of us are still getting confused at times.

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Read Answer Asked by Earl on January 06, 2023

• Brookfield Corporation Class A Limited Voting Shares (BN $61.75)
  • $61.75 P/E (TTM): 108.98X Cap: $137.72B
  • View BN Profile
  • View Questions on BN

Q: Happy New Year to 5i.
I have some cash available in my unregistered CDN account and looking to put it to work. Unfortunately, last years workers were lazy and negatively productive and still on the payroll. I wish I could lay them all off. Hoping for better in 2023.

I know you don't like to give personal advice but can you please recommend a hard worker that has the highest probability (in your opinion) of the paying me back in 2023?

Thanks!

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Read Answer Asked by Danny-boy on January 06, 2023

• HSBC Holdings plc. (HSBC $72.56)
  • $72.56 P/E (TTM): 11.85X Cap: $254.58B
  • View HSBC Profile
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Q: HSBC is refocusing their business to Asia, sold their interests in Canada and is looking to sell in NZ. Based on their fundamentals and strategy, do you think their stock will perform better or worst in the next 6 months? Thanks.

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Read Answer Asked by CK on January 06, 2023

Q: What do you know about BitIQ? I've read about outlandish claims about how by using AI it is generating huge gains. It sounds like a scam but I haven't been able to verify it.

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Read Answer Asked by Gary on January 06, 2023

• Brookfield Corporation Class A Limited Voting Shares (BN $61.75)
  • $61.75 P/E (TTM): 108.98X Cap: $137.72B
  • View BN Profile
  • View Questions on BN

Q: Good day. Could you please advise the sector to which this new stock belongs. I am having difficulty finding this information. Thanks so much

Cheryl

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Read Answer Asked by Cheryl on January 06, 2023

• Sagicor Financial Company Ltd. (SFC $7.85)
  • $7.85 P/E (TTM): 7.41X Cap: $1.10B
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Q: I purchased SFC mostly for the dividend. Down about 10%. What are your thoughts on the safety of the dividend, SFC overall, and prospects for 2023 and beyond ?

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Read Answer Asked by Randy on January 05, 2023

• Thomson Reuters Corporation (TRI $198.05)
  • $198.05 P/E (TTM): 35.54X Cap: $87.68B
  • View TRI Profile
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Q: While normally one of my favourite choices on a "buy it and forget it" basis, TRI seems extremely highly valued at this point. Would I be better off at this point exchanging my 7% holding of TRI for a combination of BNS, SLF, and T?

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Read Answer Asked by David on January 04, 2023

• Affirm Holdings Inc. (AFRM $70.51)
  • $70.51 P/E (TTM): 119.62X Cap: $24.15B
  • View AFRM Profile
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Q: Your thoughts on AFRM? Would you put some money to work here if you assume the Fed 'pauses' in a couple of months?

As alway, thanks for your great input.

Dave

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Read Answer Asked by David on January 04, 2023

• Clairvest Group Inc. (CVG $71.30)
  • $71.30 P/E (TTM): 13.41X Cap: $980M
  • View CVG Profile
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• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $72.41)
  • $72.41 P/E (TTM): 33.95X Cap: $117.16B
  • View BAM Profile
  • View Questions on BAM

Q: Hello Peter,
What is your view on Clairvest Group? Is it in the same space as the new BAM(asset manager)? Thanks very much.

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Read Answer Asked by umedali on January 04, 2023

• Bank of Nova Scotia (The) (BNS $94.65)
  • $94.65 P/E (TTM): 18.27X Cap: $117.22B
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• Canadian Imperial Bank Of Commerce (CM $122.27)
  • $122.27 P/E (TTM): 14.72X Cap: $112.39B
  • View CM Profile
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Q: Can you offer a coles notes assessment as to why these two banks declined 25% this year vs. 10 or less for the rest of the big 6?

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Read Answer Asked by Kim on January 04, 2023

• Brookfield Corporation Class A Limited Voting Shares (BN $61.75)
  • $61.75 P/E (TTM): 108.98X Cap: $137.72B
  • View BN Profile
  • View Questions on BN
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $72.41)
  • $72.41 P/E (TTM): 33.95X Cap: $117.16B
  • View BAM Profile
  • View Questions on BAM

Q: I assume the dividend for both will be paid in USD. Can you confirm? If so, I will transfer the shares to my UD non registered to avoid conversion costs :) Thanks and Happy New Year!

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Read Answer Asked by Don on January 03, 2023

• goeasy Ltd. (GSY $122.95)
  • $122.95 P/E (TTM): 9.31X Cap: $1.98B
  • View GSY Profile
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  • View Reports on GSY

Q: How much runway does Goeasy have? Has it much business internationally? Will it need to expand internationally to keep up the high growth rates?

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Read Answer Asked by Michael on January 03, 2023

• Bank of Montreal (BMO $173.92)
  • $173.92 P/E (TTM): 14.7X Cap: $124.78B
  • View BMO Profile
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Q: Hi, following BMO, which of the big banks are most likely to raise capital to meet the new requirements. Thanks.

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Read Answer Asked by Gary on January 03, 2023

• Royal Bank of Canada (RY $205.46)
  • $205.46 P/E (TTM): 15.79X Cap: $289.21B
  • View RY Profile
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• Toronto-Dominion Bank (The) (TD $114.05)
  • $114.05 P/E (TTM): 9.78X Cap: $194.99B
  • View TD Profile
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• Bank of Nova Scotia (The) (BNS $94.65)
  • $94.65 P/E (TTM): 18.27X Cap: $117.22B
  • View BNS Profile
  • View Questions on BNS
  • View Reports on BNS
• Bank of Montreal (BMO $173.92)
  • $173.92 P/E (TTM): 14.7X Cap: $124.78B
  • View BMO Profile
  • View Questions on BMO
• Canadian Imperial Bank Of Commerce (CM $122.27)
  • $122.27 P/E (TTM): 14.72X Cap: $112.39B
  • View CM Profile
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• National Bank of Canada (NA $161.80)
  • $161.80 P/E (TTM): 16.0X Cap: $63.53B
  • View NA Profile
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Q: Last year at about this time I asked you which was the worst perfomrning Canadian bank for 2021. Apparently It was RY and I bought it and it is down 3.3% to this date.

So 2 questions please

1)Which was the best performing Canadian bank stock in 2022 and what was the performance.

2) and which was the worst performing Canadian bank stock for 2022.

I picked up this strategy from your investor Suite article a few years ago and figure I can't go to far wrong following it.

Thanks and Happy New Year


Sheldon

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Read Answer Asked by Sheldon on January 03, 2023

• Brookfield Corporation Class A Limited Voting Shares (BN $61.75)
  • $61.75 P/E (TTM): 108.98X Cap: $137.72B
  • View BN Profile
  • View Questions on BN
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $72.41)
  • $72.41 P/E (TTM): 33.95X Cap: $117.16B
  • View BAM Profile
  • View Questions on BAM

Q: Hi Everyone!! Again a question about Bam and Bn. Will both be paying dividends and if so, do you know how much?? Happy 2023, Tamara

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Read Answer Asked by Tamara on January 03, 2023

• ECN Capital Corp. (ECN $3.02)
  • $3.02 Cap: $864M
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Q: Beyond solid management can you outline key drivers that make this company attractive. What do you see as future catalysts? Would you buy at these prices?

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Read Answer Asked by Chris on December 28, 2022

• Brookfield Corporation Class A Limited Voting Shares (BN $61.75)
  • $61.75 P/E (TTM): 108.98X Cap: $137.72B
  • View BN Profile
  • View Questions on BN
• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $72.41)
  • $72.41 P/E (TTM): 33.95X Cap: $117.16B
  • View BAM Profile
  • View Questions on BAM

Q: Has the spin-off gone well or it went badly? Seems like a significant drop so far..what happened? And what is the future? If I want to capture capital losses whic one should I sell (BAM or BN or both) and which should I buy after one month? Thanks.

Shyam

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Read Answer Asked by Shyam on December 23, 2022

• Brookfield Infrastructure Partners L.P. (BIP.UN $49.69)
  • $49.69 P/E (TTM): 1191.03X Cap: $23.03B
  • View BIP.UN Profile
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• Brookfield Infrastructure Corporation Class A Exchangeable Subordinate Voting Shares (BIPC $63.39)
  • $63.39 Cap: $8.49B
  • View BIPC Profile
  • View Questions on BIPC

Q: The spread in price between BIPC and BIP.UN has continued to widen to over 30% now. Do you think it is likely that Brookfield will convert more BIP.UN shares to BIPC at some point? It seems like this would be in their best interests if there is not tax or other issues preventing it from happening.

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Read Answer Asked by Craig on December 22, 2022

• Brookfield Asset Management Ltd. Class A Limited Voting Shares (BAM $72.41)
  • $72.41 P/E (TTM): 33.95X Cap: $117.16B
  • View BAM Profile
  • View Questions on BAM

Q: Why do you think Brookfield feels the need to do spinoffs from the parent company year after year? Who profits the most from these spinoffs- Management? Why not build a powerhouse under the parent company? Doesn’t make sense to me.

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Read Answer Asked by Curtis on December 22, 2022

• Brookfield Corporation Class A Limited Voting Shares (BN $61.75)
  • $61.75 P/E (TTM): 108.98X Cap: $137.72B
  • View BN Profile
  • View Questions on BN

Q: Does BN have the same potential for growth as BAM before the spinoff?

Howard

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Read Answer Asked by Howard on December 22, 2022