Q: What are your views on TD earnings and what lies ahead? Stock performance is very disappointing. How long do you think it will take for TD to surface and start moving upwards. Looking for a view over the next 3 - 12 months or will it take longer than this? I guess I should ask how much lower you think it might go? When should buyers start buying?
Q: Propel continues to drop post earnings despite very good earnings and outlook. What do you make of this? I saw some insider sales recently but I assume that is to be expected after a large run up? Should I keep accumulating in this range what is the forward valuation now? Thanks
Q: Sorry to ask again but I am puzzled. You had indicated a forward PE of 10.5 for propel holdings. Mr Donville mentioned in an interview stock is now expensive. How is a PE of 10 for small cap growth company expensive? Much appreciated.
Q: I'm considering starting half a position in TD. How does its current valuation compare to historical averages?
I read your response to a question where you say that TD is the cheapest of the bank stocks in Canada. How far out of sync is its valuation compared to its peers?
Q: Hi, Propel stock chart looks horrible and stock can't seem to find support. Stock is now down 25% after the earnings release ( $29.89 to $22.40), after a strong quarter.
Mr Jason Donville commented in a recent interview that they were buying the stock at $6-$7 level, last year and they have been sellers for past few months, as stock has become expensive. This could also be true with many other early investors.
Propel has a market cap of $750 mln and is still relatively small cap. Do you believe that its multiple could grow, despite its size/sector risks and stock could trade higher ?
What is your advice for an investor who bought in at $22-$25 level ?
Q: Currency . I went to TD bank and wanted to cash Euro's and put them in my US account in american dollars. Clerk advised this could not be done. I would have to change Euro's to Canadian dollars and then change Canadian to US. 5i is this normal I would have to pay all exchanges. I decided to go to an exhange and they did this no problem.What's is TD under such scrutiny from Gov't.
Q: With Buffet's recent disclosure of a large position in CHUBB and increasing natural disasters like forest fires in Canada etc would you reccomend having an allocation in the insurance sector? If so any names that standout?
Thanks, Lesley
Q: If TD gets overly fined and drops the stock price will that have an effect on ZWB's price,? When that one American Bank died ZWK has still not recovered.
Q: I read a more detailed US legal article on the TD money laundering scandal in NY/NJ and was quite disturbed. It has been a core holding of mine for a full decade. Thinking of taking it down from a full to a half position while the DOJ probe and further sanctions play out. Would you caution against this at this time (with damage already done to stock) or do you think its a prudent move?
Q: Could I have your thoughts on the new CON DEB issue- assume it ranks above the common dividend - but at 7.5 % still high risk ? Ok for a limited investment
Q: Could you please advise me on which ETF you would recommend for trading Bitcoins in Canadian Dollars. High daily trading volume, Liquidity and bid/ask spread are important criteria.
Thank you