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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: Hi Group thanks for your advise on the following - Currently own 15% Canadian + US banks+ Pay Pal / Score . Have done well in the past 2 yrs however the profits are slowly but surely eroding (add the Canadian dollar recent strength and the us banks are getting hit pretty hard) My question is due to market + consumer spending+Real estate concerns should I sell off and lock in the profits or do you see another option Thanks
Read Answer Asked by Terence on April 20, 2018
Q: Hello, thinking of adding ZUB, or ZBK, as just made decent windfall short term gains on energy stocks in days , for the trade. Redeploy cash , Against social media’s commentary worked out many times perfectly so far. Before last Friday banks earnings, the media were full of ” earnings will be huge” then the very next day we’re like “reversals because fully priced in “...” growth concerns “ . . “ yield curve.....” and so on...
so what’s your take? Is it noise or seasonality trading or real concerns , so called smart money moves?
Thanks
Read Answer Asked by LEI on April 20, 2018
Q: Follow up to Maurice. ELF is a portfolio of global public equities with a market value equal to $926/shr net of debt (300 mm of prefs). The other part is Empire Life with a BV of $380 per ELF share and ROEs of 11 - 12% over the past 3 years so probably worth 1.3 times book or $494/ELF share for a total value of $1420 per share. The question is what holdco discount is reasonable because control is not in the market
Read Answer Asked by Robert on April 20, 2018