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: 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, ...
I have watched GoEasy for while and wondering if it's good time to get in on its recently pull back. Also, will raising interest rate benefit the company as well?
Q: Although I recognize that Market Timing is not your "oeuvre", can you comment on the wild fluctuations between STNE's daily high & low today (i.e. and on high volume)? In the absence of any remarkable news could this be indicative of an impending bottom?
Q: Happy Holidays to everyone. I called my broker (cibc) to ask about the ECN dividend and ROC . They just called back to say it won't be paid until Dec 24 and will not be reflected in my account until Dec. 29. This is not what I hoped for, but perhaps the answer is helpful to others looking for this cash
Q: BMO deal to buy Bank of the West, it's a large deal don't you think that BMO will need to go to the secondary market and issue shares, and shouldn't they do this now?
Q: Hi there, today I received a notice from my discount broker (RBC) of the pending dividend payment but the amount indicates $4.14 cdn per share. We all seem to know it’s $7.50…any idea why this amount?
Q: What is you expected "reasonable" ECN share price after it pays out the $7.50 per share to shareholders?
The reason why I ask is because is my ECN share are held in my RRIF account and I can't take that money out. I was entertaining the thought of just reinvesting that money into the newly "shrunken" down ECN shares - as long as it will be traded at a reasonable price.
Q: A few years ago in Investor Suite there was an article suggesting that the best performing Canadian Bank for next year is the worst performing bank from this year.
When I did this for 2021, the worst performer of 2020 was BNS. (Am up 27% on this investment YTD) As you are closing down shop on the 24th, I am asking this question earlier than usual.
What is the WORST performing Canadian Bank of 2021 YTD?
Q: Hi 5i
Regarding your answer to my previous question regarding BMO deal to buy Bank of the West, it was not clear if you would be buyers of BMO at the current price or better to wait. Share price continues its slide this morning.
If better to wait, then at what price would you be interested.