Investment Q&A

Q: Any thoughts on the acquisition of 62% of Oaktree?

Q: Good morning from warm Sri Lanka. Cheeswood Group results look positive to me. How about your thoughts?

Q: Any conclusions to be taken from the share buyback announcements from GWO (as part of a broader program within the Power group)? Seemingly significant, they.
Thanks,
Randy

Q: I hold the above banks. Which would you hold right now and which might you liquidate, of you needed the finds and why?

Thanks for all your support,
Mark

Q: I received a press release from pwf re intention to repurchase up to 1.65billiuon of its common shares thru a substantial issuer bid GW life do u have any suggestions on this press release Mar 4/19 I have a fair '"' of shares over 1000 douj have any comments on this offer?

Q: Could I please have your opinion on AEG. Some assessment in regard to future prospects, dividend sustainability, and how much it’s presence within a struggling European market accounts for its share price would be appreciated.
Thanks, Don

Q: could you add this symbol? what is the outlook, for this company and stock? it seems to have some interesting features.

Q: can you offer 3 similar alternatives, looking for quality, liquidity , yield and income replacement...no more split shares please and thanks..

Q: Hello,

I currently own a 1% position in SCHW and have been considering selling in favor of CME Group. Your thoughts on this trade would be appreciated. Thanks

Q: Hello I was wondering if you know of any ETF's like the ZEB for banks that would represent the insurers either traded in the US or Canada that you would recommend for a long term hold in and RRSP. DRIP eligible preferred.

Q: I would appreciate your view of 2018 results and progress in restructuring the company.

Q: What is the primary driver of revenue for PEO? Is it simply headcount of firms that provide benefits/pensions, or will demographics (ie. people retiring) play a factor?

Q: I currently sit at 2.5% on EIF and GSY, would a top of of one these 2 be in order or add 2.5% of ECN? The only other financial is BNS with 2.5%.

Q: Would you buy TD or BNS in a TFSA today?

Q: What is your opinion of the preferred shares for retirement income, as part of a FI portfolio? Which regular and which reset do think are currently best? Thanks.

Q: Hi 5i and Peter:
POW has announced a Dutch Auction for some shares.
Would your answer be the same for POW as your answer on a Dutch Auction question regarding BPY.UN on February 22nd?
Your answer - "Companies do these when the believe their stock is undervalued, and want to cancel a block of shares at the same time, as opposed to doing a normal course issuer bid (which does not have to be completed). Generally, we are of the view that the company knows its own business better than investors, so almost always advise not to participate. A lower number of shares increased per share earnings and cash flow leverage down the road. In an auction, the company sets a price range. Investors tender with their price desired, or agree to tender at a clearing price. Typically, more shares are tendered, and the company pays the lowest price of the range that will fill its required amount of shares it wants to buy. Shareholders typically get pro rationed and only sell a portion of what they tender (it depends on the popularity of the offer)."
Thank you.

Q: The short and long term performance of Royal Bank has strongly outpaced CIBC. Would it be prudent to sell my CIBC shares and buy Royal Bank with the proceeds?

Q: I thought their year end numbers were quite impressive and if sustainable, the stock seems undervalued. What comparable company would you suggest to determine it's current value? It's small float and small capitalization may restrict the share interest to retail investors, at least for now. The increase in credit from their lenders was and is a sign that business is improving.

Q: I bought LB primarily for its attractive dividend, understanding that capital gains were unlikely. However, it continues to miss earnings estimates, is under attack by short sellers, and has major labour relations problems. Is the dividend relatively secure? Or time to cut and run?

Q: The results in TD's capital markets segment in Canada mirror other banks and makes me think we have a canary in the coal mine scenario. That being, Canada's business community is not active in raising capital through both debt and equity issues and, in turn, not spending money on capital projects. This would be partially from the collapse of our oil and gas industry but I am thinking it is wider spread than that. Comment?