Q: Hi Guys. BNP Paribas
I think its one of Frances largest publicly traded banks. It has a pretty good track record of being profitable, has a pretty broad product line, Insurance, wealth management etc, pays a good dividend, looks reasonably valued.
Would you feel this is a safe investment at this price for a long term hold, and is there a risk of it getting hammered even more like the U.S. banks did in 2008.
thanks Gord
Q: Hello,
i have little exposure to financials in my TFSA. What would be your top 3 ideas in order of preference at this time I could consider? I plan to own for the next 10 to 15 years if possible.
I was looking at GS and FSZ given the yield and they are trading near their lows. I guess the sub-sector they operate in makes me a bit cautious.
I own full positions of BNS and SLF in my RRSP.
Thanks,
Dan
Q: Q: As part of the financial sector of an income portfolio of a retiree would prefer POW or LB for "reliable" income with some (inflation) growth? Thanks.
Asked by David on September 10, 2018
5I RESEARCH ANSWER:
We would far prefer POW here.
Regarding the above question, I would to understand the business fundamentals for why you answered as strongly about LB vs POW.
The purpose of the question is improving my investor education / smarts.
To the naive / superficial investor; they look like stable financial sector businesses with strong track records at paying their dividends.
I am confused. The major banks have a year end of October 31st. I can go to Morningstar and the financial statements are already posted. Are these tentative numbers? It would take a lot longer than two months to have final numbers Taxes are not even due until 180 days after year end. As a general rule, how many months after corporate year end do companies release their final financial statements?
Happy New Year and many thanks for all the work this year !
Q: I would appreciate your comments on Westaim. There was recently a very positive (perhaps promotional) article on it on the Seeking Alpha website. Thanks!
Q: Hello,
If available, what are the estimated 2019 earnings for WED? What is your view of its potential for price appreciation over a 2+ year period from current levels?
Q: Dec 21- Bad day for US & Can markets 2) Triple Witching Day & maybe Mo/yr end port. rebalancing. 3)Tax loss selling The big 6 can banks especially BNS dropped sharply on above average volume & near/at 1 yr low.Your take please on BNS.Txs for u usual great services & views.Merry X'mas & All the Best for the New Year
Q: POW has a 6+% dividend, is at a 6 year low and trending down. Is this a place to hang out for a year or avoid until we have a market leveling. It has been a bit of a market icon for decades but can it continue to survive in this market? Is the dividend in jeopardy?
G...
Q: I have a question about ECN auction.
At some point today on Dec 24, ECN was trading below 3.35$ which is the lower price of the band of the auction. Can ECN modified the auction price band if the price keep going down bellow 3.35$?
Q: Can you please provide analysis on TD, RY, and CM in the current economic /political environment, and your recommendation of which Canadian Bank would be best to purchase at this time based on price, dividend and opportunity?
Q: This stock continues to slowly drift down I asked several months ago if I should sell you advised against . I want to revisit should I sell now on view of the hostile financial Enviroment in the market thanks