Investment Q&A

Q: Which would you consider the better buy at this time?

Q: Which would you choose for a combination of capital appreciation and dividend growth. Which has the better management team?

Q: Hi 5i Research team,
Could you comment on Goldman Sachs Merchant Banking take-over offer published this morning? What would be your guesstimate probability of a competing higher offer? Probably low since (1) : Goldman has access to large ressources, so acquirer competitors must know they would probably be at a disadvantage in a competing bid; and (2) this transaction is the result of a review of strategic alternatives for PEO. Isn’t such process (review of strategic alternatives) be a mandatory divulgation by compagnies since it can have a material impact? At what price would you sel at this time in a margin account? Thank you for your collaboration, Eric

Q: Could you please comment on their outlook and balance sheet? How safe is dividend?

Thanks,
Milan

Q: I saw this company in a screener today, had never heard of it before and was surprised to see no questions on it. What are your thoughts on it?

Thanks!

Q: hi guys why does there always seem to be a high volume of activity and the stock seems to have hit a ceiling in its current price range thanks as always

Q: online shopping is expected to be at all time records. and the use of cash continues to decline. what is your current opinion of visa and MasterCard ? and will the new method of buying (ie 3 or 4 equal instalments). have any material effect on the 2 companies? thanks Richard

Q: Any change in your view of this name since April.
Any potential through acquisitions in the next year or two?

Q: i was just reading about Fairfax's new partnering in Africa and am wondering what your thoughts are on both ffh and the African effort. I have always considered Prem to be an astute investor even though ffh has languished of late. Africa does seem to have considerable potential and the two main men FFH is partnering with do seem to have solid credentials. What is your thinking on both companies? many thanks

al

Q: You continue to hold XHY and CPD in the income portfolio. My understanding when purchasing these was that they would perform well in a low interest rate environment. That has not been the case. I am about breakeven on them over the past 3 years with dividends included. What is the investment thesis for holding them now that interest rates are already so low. Is it time to move on?

Q: Which of these two companies, Paypal or Square would you select for a long term hold?

Q: Good Morning
You have mentioned the interest in the IPO for AFFIRM will be high. Is there service being copied by others in the space( you have mentioned PYPL) and do they have any discernible advantage.
Thank you

Q: Do you ever see activists coming in to deconglomerate power corporation? After they rolled power financial into Power Corp I would have thought the stock would have done better.
Or is it too tightly controlled by the Desmarais family?
I think spinning off their companies would see a massive pop in the stock.
Any thoughts on the above?

Q: Hi all:
How would you rate National Bank vs the 5 major Canadian Banks for dividend sustainability
& share price growth?
Thanks: Jerry

Q: Both funds hold BTC only, no other alt coins that I can see. The current price has a premium to NAV of 27% and 3% for QBTC.U. Why such a huge spread ? I know GBTC is much bigger but still it makes no sense to me. Do you have an explanation ? Also am I correct to assume the price of these 2 stocks will move pretty much in line with the price of BTC ? If you had to buy one which would you buy ?
Thanks

Q: Should one be thinking about investing in Bitcoin? If so, how is the best way to invest in it?

Q: Hello -
Back in early November you had mentioned that QBTC was trading at about a 24% premium to Bitcoin itself. Since then it looks like Bitcoin is up maybe about 20% and BTC is down approx. 5% (?)...... you can likely can confirm those figures. Part of that is maybe CAD / USD differences. I am assuming that BTC and Bitcoin don't exactly move in lockstep.

Is there a way to figure out how much the day-to-day premium is?
It QBTC a better relative valuation than it was a month ago?

Thanks !

Q: Do you think ZEB is good value right now?

Q: Peter, I almost fell off my chair reading the business section this morning. It was reporting about the big banks' employee bonuses for the 2020 fiscal year. For example, RBC earned a total of about $11.5 billion - but the article reported that the bank's bonus pool was over $6 billion!! (up much more than inflation, 5.9%, compared to last year). If I've got this straight, the bank is choosing to pay out bonuses (not salaries; just bonuses) of more than half of the entire amount of the profit that is left to the entire shareholder base of the company. This strikes me as .... "inappropriate", if not insane. I know the excuse "We're just being competitive with other banks". But I've seen this rigged game before, as a way that public co managements have increased their compensation quite drastically over the years (e.g., hiring consultants to continually recommend higher and higher comp levels). Just wondering if you had any comment. Also, if you know of companies you like where management's comp is more fairly aligned with mine as a small investor, I'd love to hear of them.

Q: The ability to 'buy now, pay later' appears to be a growing trend. I note that Affirm just purchased the Canadian company PayBright this week, and that Affirm has filed for an IPO. Are there any publicly listed Canadian or US companies that focus on that are high growth investment opportunities that you would recommend? Can I assume that any firms that do have this as their core product have a very small 'moat' - that if the banks sense an opportunity here, they will eventually dominate this space?