Q: I have been advised by BMO that this company is planning to have a Dutch Auction in the near future. The company is giving me 12 different options for selling some of my shares, with the last option(#99) being to do nothing. Can you advise why the company might be going this route to purchase back shares. Are there advantages for the company to go this route. And for the investor, why should he sell some of his shares this way. If there is some advantage to the investor, how do you decide which option to pick. Right now my preferred option is to do nothing, but would appreciate your advice on this matter. Many tnx for the great service.
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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: I bought 2000 shares @$7.98 two years ago. With special dividend $7.50( $4.14 for ROC & $3.36 as dividend) My new ACB is $3.84. how much money I shall get from my brokerage firm:&15000 or $8260 which is shown on my account ?
Q: Two Questions:
1. BofA downgraded TIXT from a Buy to Underperform. Anything triggering this in particular?
2. TCS took a good hit today. Anything going on of concern other than market rolling out of growth?
Thanks, Carl
1. BofA downgraded TIXT from a Buy to Underperform. Anything triggering this in particular?
2. TCS took a good hit today. Anything going on of concern other than market rolling out of growth?
Thanks, Carl
Q: Do you feel that CSE and NEO pose any kind of threat to TMX dominance both near term and more importantly long term? Increasingly I’m noticing more and more companies exclusively listed on either CSE or NEO especially ETFs. I ask because TMX seems to be range bound for quite some time now and was wondering if the growing presence of these new exchanges perhaps have investors concerned especially after the recent takeover of NEO by a larger American company with significant financial resources.
Q: In an economy of rising interest rates how will GSY react? Is that environment positive or negative to the stock?
Thanks
Sheldon
Thanks
Sheldon
Q: Do you still like this stock? It seems that it is not holding its own in the bitcoin space. If you do not like this stock ,would you suggest an alternative? I realize that the bitcoin space is speculative. Thank you for your reply. cheers
Q: What is your opinion on Hut. Is it worth a small investment?
Thank you. And happy New Year
Thank you. And happy New Year
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Shopify Inc. Class A Subordinate Voting Shares (SHOP $174.36)
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goeasy Ltd. (GSY $173.13)
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Affirm Holdings Inc. (AFRM $68.90)
Q: I hold positions in GSY, AFRM, and SHOP, all under water at the moment. Would you hold all 3 for the long run? Sell either GSY or AFRM?
Q: I am buying Ethereum via ETHX.B:CA, but would like to invest in some other cryptocurrencies such as Solana. Would you be able to recommend a financially secure Canadian company where I can purchase cryptocurrencies and have that company hold the currencies on my behalf? My son is using Newton.co, but I have no idea if the company is financially secure.
Thanks!!
Thanks!!
Q: Looking to add a financial to my TSFA. How would you rank BX, BLK, and NDAQ at this point?
Q: If you were going to make one investment into crypto would would you suggest and why please? Also, you placed HUT on a list of "Bottom 10" ... why please? Thanks again!!
Q: How does Hut 8 Mining Corp. (HUT) make money?
Is management competent?
Thank you.
Is management competent?
Thank you.
Q: I owned ECN.PR.A in my RRSP. I bought it primarily for income purposes. They were redeemed on December 31. I am thinking of reinvesting in ECN.PR.C with the funds that I received at redemption. What is the chance that it will be redeemed? What is the earliest that ECN can redeem these preferred shares?
Q: Merry Christmas. Hope all is good.
Fairfax has had a wee jump just before this break. Please shed some light on what is going on.
Have a great New Year!
Thanks,
Doug
Fairfax has had a wee jump just before this break. Please shed some light on what is going on.
Have a great New Year!
Thanks,
Doug
Q: would you say it is a good time to buy ECN now that it paid out a $7.50 dividend. Seems that the price to buy is now $5.31
Q: How does NVEI Nuvei Corp make money?
Is management competent?
Thank you.
Is management competent?
Thank you.
Q: this stock has been crushed. would you buy it?
Q: Happy New Year to all at 5i and to the everybody reading this. Hoping that 2022 is a good year for all of us and our families, from a financial perspective and one of well being, health and happiness.
Reviewing some of the past questions, I see that the ECN distribution is treated partially as a dividend and partioally as a "Return on Capital". For the latter, would you know how this is to be treated for tax purposes? i.e. Is it a capital gain, income, ...
Thank You.
Reviewing some of the past questions, I see that the ECN distribution is treated partially as a dividend and partioally as a "Return on Capital". For the latter, would you know how this is to be treated for tax purposes? i.e. Is it a capital gain, income, ...
Thank You.
Q: Seasons greetings to the wonderful team.
My initial position in ECN has shrunk as a result of the payout. Would you advise reinvesting ROC back in the stock?
Thank you
My initial position in ECN has shrunk as a result of the payout. Would you advise reinvesting ROC back in the stock?
Thank you
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Royal Bank of Canada (RY $182.14)
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Toronto-Dominion Bank (The) (TD $101.01)
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Bank of Nova Scotia (The) (BNS $75.76)
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Bank of Montreal (BMO $156.85)
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Canadian Imperial Bank Of Commerce (CM $100.61)
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National Bank of Canada (NA $143.36)
Q: I am considering add more bank stocks and here's what I got based on their P/E:
TD:12.36x
RY:11.99x
BMO:11.69x
BNS:11.50x
CM:10.57x
NA: 10.79x
I have 150K cash available. Would you agree to add National Bank, CIBC and Bank of Novia Scotia equally since these 3 have the cheapest valuation?
Thanks,
TD:12.36x
RY:11.99x
BMO:11.69x
BNS:11.50x
CM:10.57x
NA: 10.79x
I have 150K cash available. Would you agree to add National Bank, CIBC and Bank of Novia Scotia equally since these 3 have the cheapest valuation?
Thanks,