Q: Hi 5i Team,
Given the current low interest rates, low crude prices and the covid-19 situation and all these factors have a negative impacts on insurance companies and big banks. What are your thoughts on taking a position in FIE?
Cheers and your great works are appreciated.
Q: Risk of small business bankruptcys, loan losses - would this be a Material Risk for BNS given the countries they do business in, or would the risk be smaller because of the countries they do business in - or perhaps the loans to small business is a minor part of their over all portfolio (meaning their loans are to larger business with stronger balance sheets).
Q: Thank you again for this great service.
I am down about 25% on BNS (and I have no losses for tax purposes and will have more offsetting gains from other holdings). Thinking of selling BNS and buying POW which in my view has more upside. I would appreciate your advice on what to do with proceeds from BNS sale i.e., other suggestions please (I am very well diversified).
Q: If one believes the markets will return to" normal " FSZ looks like a buy. The company just announced a loss of 6.8% in assets to 158 billion in the quarter. (not bad considering the quarter the market put in)The stock is down 40% from the highs. Thoughts please.
Q: Just wondering if you have an opinion about Wells Fargo. It's looking awfully tempting. If not, what US bank would you prefer? Looking for conservative growth. Thank you.
Q: I currently have a 1.3% position in POW at a loss of 37%. What do you think of adding 0.5% to average down? Do you think the price will come off these lows over the next 12 months or is this more likely the new normal here?
Q: Hi,
Could you please comment on commercial impaired loan growth with respect to the Canadian banks prior to the Cov 19 crisis ? Have they increased their reserves appropriately ?
Thanks
Q: In this covid-19 crisis,BNS & other big 5 can banks have been following the orders/instructions/requests of both OSFI & the Fed.Gov't.For example,deferring mortgage & credit payments,reducing interest rate on their charge cards,lending supported by the backup of the Fed.etc. What will be the impact on BNS especially on its revenue & bottom line? Txs for u usual great services & advices.
Q: you guys seem to be fine with this stock.
But the market thinks different.Why?
Any compelling reasons to buy it here?
What is their financial situation and metric/numbers.
Would you initiate a position here?
Q: Hi 5i Team,
What is the payout ratio for BNS? I would like to enter back into the stock with my TFSA for dividend and appreciation at this point. How safe is the dividend?
Q: This is a follow up to my question the other day regarding the Canadian government backstopping mortgages .... as well as querying the best option for dividend income if looking solely at preferreds, bonds and the Canadian banks ( given their attractive dividends and perceived safety - of course unless something really dreadful happens to wipe out their financial reserves and force them to cancel dividends)
My original question might have been a bit vague regarding this part of it. My apologies.
I would appreciate your assessment of these 3 options with dividend safety and size of yield ahead of any share price increases.
Q: How much of an influence do American investors have on the price of our banks? Many Canadian investors have bank stocks and rely on their dividends for income.
Steve Eisman of "The Big Short" was talking about how an interesting short he sees is Canadian banks and that he has been short for some time. He says the Canadian banks have not had a credit cycle in 30 years, they are extremely unprepared for it and will have real problems.