Q: Hello Peter and team, this is regarding the news about GWO restructuring and reductions in Canadian workforce (1,500 employees over the next two years). What do you read in that news? Does this mean that GWO is losing business to the benefit of Sunlife and Manulife? In your opinion, what will be the impact of this transformation on the stock price in the long term? Would you buy GWO at this time. Regards, Gervais
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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: What are your current thoughts on EFN (given news today)? Thanks.
Q: Canadian banks and residential mortgages
My impression is that Canadian banks sell their mortgages. (Perhaps this is only the case for smaller banks.) Also, a portion of their portfolios would be insured. Do these points have a material impact on the actual exposure of the big banks relative to the apparent exposure arising from the volume of business? Are there comparative bank stats for their exposure in various lending markets, by sector and geography?
My impression is that Canadian banks sell their mortgages. (Perhaps this is only the case for smaller banks.) Also, a portion of their portfolios would be insured. Do these points have a material impact on the actual exposure of the big banks relative to the apparent exposure arising from the volume of business? Are there comparative bank stats for their exposure in various lending markets, by sector and geography?
Q: What is your opinion on long term hold of Broadridge Financial Solution (BR-N)
Q: With BMO and RY recently announcing they will securitize and sell uninsured Canadian Alt A mortgages, does this indicate that Cdn banks are following in the same foot steps of US financials leading up to 2008 financial crisis? What is your view on what this portends for Cdn financials and the Cdn housing market?
Thanks
(http://www.wealthprofessional.ca/business-news/big-six-bank-to-enter-fray-with-new-product-224397.aspx)
Thanks
(http://www.wealthprofessional.ca/business-news/big-six-bank-to-enter-fray-with-new-product-224397.aspx)
Q: Hi Peter and Team,
Home Capital Group Inc said founder and former CEO Gerald Soloway will step down from the board once a replacement is found. Is things at HCG get worse? Is HCG, stock price bottomed?
Thanks
Home Capital Group Inc said founder and former CEO Gerald Soloway will step down from the board once a replacement is found. Is things at HCG get worse? Is HCG, stock price bottomed?
Thanks
Q: thoughts on the news this morning , what do you think the shorts might do?
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Royal Bank of Canada (RY)
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Toronto-Dominion Bank (The) (TD)
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Bank of Nova Scotia (The) (BNS)
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Bank of Montreal (BMO)
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Canadian Imperial Bank Of Commerce (CM)
Q: Hi Peter and Gang,
Just wondering what your views are on Canadian banking industry going forward and if the 5 big Canadian banks are a buy, hold or sell.
Thanks,
Harry
Just wondering what your views are on Canadian banking industry going forward and if the 5 big Canadian banks are a buy, hold or sell.
Thanks,
Harry
Q: I am planning to add one US bank to my portfolio, which one of the above mentioned banks would you recommend.
Q: What could be the possible outcome from the OSC Administrative Proceeding? Are they looking to settle and move on? What's the best and worse case scenario that could potentially happen? Thanks.
Q: aside from the obvious collateral damage re HCG, what am I missing regards the recent EQB decline?
Q: Any insights into this US banking company. Do they have room to continue their growth trajectory. Comments on insider holdings, etc would be helpful.
Q: what is your advice on Cannacord? I have at a loss in a registered account, now about 3% of portfolio.
Thankyou.
Thankyou.
Q: Is this a good buy at this level? How it would behave if market goes down? Do you think it is cheap on price to book value valuation metrics compared to other insurer(like Merkel, Berkshire)?
Q: Supposing no one buys GMP, what (if anything) will turn it around? Shouldn't the resource-extraction recovery make some difference here?
Q: FN: The stock price has taken a dive today. On Thu. it was $26.59, and at a low point today it was 25.08, a 6% decline. I don't see any news. Do you know why?
Q: Can you provide an analysis of this ETF. I currently own JP Morgan but was looking to add another position in US Banks.
Q: I bought in November around $30. Should I Hold or Sell? Thanks!
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Royal Bank of Canada (RY)
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Toronto-Dominion Bank (The) (TD)
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Bank of Nova Scotia (The) (BNS)
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BMO Covered Call Canadian Banks ETF (ZWB)
Q: do you think this is a good time to buy a bank stock or the ETF. for a long term hold? could you list your top 3 Cdn banks? thanks Jack
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Photon Control Inc. (PHO)
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Element Fleet Management Corp. (EFN)
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Shopify Inc. Class A Subordinate Voting Shares (SHOP)
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Currency Exchange International Corp. (CXI)
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goeasy Ltd. (GSY)
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ECN Capital Corp. (ECN)
Q: Hello 5i
I hold full positions in the above 5 companies in my tfsa and am looking for a replacement for EFN. I am interested in growth and am not concerned with volatility. Also interested in a mid term hold. Many thanks.
Les
I hold full positions in the above 5 companies in my tfsa and am looking for a replacement for EFN. I am interested in growth and am not concerned with volatility. Also interested in a mid term hold. Many thanks.
Les