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
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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: Hello Peter
What is your outlook for MIC and Buy/Hold/Sell recommendation
Or is there another name you would prefer in this space?
What is your outlook for MIC and Buy/Hold/Sell recommendation
Or is there another name you would prefer in this space?
Q: Please provide an opinion on E-L Financial.
Q: Hi
Would you consider GS a buy sell or hold after these earnings? They best but stock is now down.
Thx
Would you consider GS a buy sell or hold after these earnings? They best but stock is now down.
Thx
Q: Why canadian bank stock are down?
Q: I have held this stock (CXI) through a major drop and now a partial recovery. Is this company a good hold or should I sell at a small loss and move on? If you suggest selling, do you have another stock in the same sector that you prefer?
With appreciation,
Ed
With appreciation,
Ed
Q: Why the Slide in TD RY BNS. Just cant catch a bid here?
Q: Hello 5I/Peter
I own BAC shares and all the bank shares have dropped on Friday with JPM & Citi Group reporting good earnings. What are your thoughts ?Are the bank stock a good sector to be in ?
Thanks
Claudio
I own BAC shares and all the bank shares have dropped on Friday with JPM & Citi Group reporting good earnings. What are your thoughts ?Are the bank stock a good sector to be in ?
Thanks
Claudio
Q: What is your opinion of JPM and the latest results? Buy, Sell or Hold?
thanks, cathy
thanks, cathy
Q: Hi!
With the prospect of higher interest rates on the horizon I'm wondering why this stock is not starting to move higher as higher rates will have a very positive impact on this companies prospects likely?
With the prospect of higher interest rates on the horizon I'm wondering why this stock is not starting to move higher as higher rates will have a very positive impact on this companies prospects likely?
Q: What do you think of CIBC at this level ($110)? I'm looking for relatively safe income with some growth. Do you see more downside? Thx. Scott
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Royal Bank of Canada (RY $218.50)
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Toronto-Dominion Bank (The) (TD $126.11)
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Manulife Financial Corporation (MFC $46.45)
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Sun Life Financial Inc. (SLF $85.34)
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Genworth MI Canada Inc. (MIC $43.48)
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Chesswood Group Limited (CHW $0.90)
Q: I am heavy financials at about 20%, I should probably trim the herd....All but CHW will generate a large capital gain as I have held most for a long time. I hate to sell CHW as it pays a crazy div right now at almost 8%.
I am leaning towards holding all but taking the dividends and putting into other sectors (stock from the your balance portfolio following your balanced equity portfolio) and not adding any new financials to my holding.
Can you provide a compelling argument for selling 1 or 2 of the above for the sole purpose pf rebalancing out of financial. Or is my slow but steady approach with lower tax implications a reasonable compromise knowing I will be heavy financial for several years.
I am leaning towards holding all but taking the dividends and putting into other sectors (stock from the your balance portfolio following your balanced equity portfolio) and not adding any new financials to my holding.
Can you provide a compelling argument for selling 1 or 2 of the above for the sole purpose pf rebalancing out of financial. Or is my slow but steady approach with lower tax implications a reasonable compromise knowing I will be heavy financial for several years.
Q: Does Laurentian Bank have it's mortgage issues behind them yet and if not any idea as to when this will happen? I have not seen any news of yet. What are your thoughts moving forward for this stock.
Q: Why are the bank stocks so weak lately. Is this a good time to add or do they have more room to fall. Thank you.
Q: What is your view on ECN price action lately and the press release today?
Thanks
Thanks
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Royal Bank of Canada (RY $218.50)
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Bank of Nova Scotia (The) (BNS $93.61)
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Sun Life Financial Inc. (SLF $85.34)
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First Capital Realty Inc. (FCR)
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ECN Capital Corp. (ECN $3.08)
Q: My weighting in the financial sector is 12% and I am wondering if it is time to increase it to 15%. I already own BNS,RY and SLF. I was wondering if ECN and FCR would be good choices to add to the mix or if you have any better suggestions.
Q: since I sold efn it seems to be going higher. did you miss something on your sell recommendation. thanks bill
Q: Following on your reply for alternative lenders, i would caution buying Home Capital for the reason suggested. I am a real estate lawyer and my broker contacts tell me Home Capital is doing very little new lending to residential homeowners who can't meet the Canadian bank standards.
Q: WITH NEW QUALIFYING MORTGAGE RULES, I BELIEVE CONSUMERS WILL BE LOOKING FOR ALTERNATIVES OTHER THAN CANADIAN BANKS ARE THERE ANY STOCKS THAT MIGHT BENEFIT BY THIS CIRCUMSTANCE IF SO, WHAT MIGHT YOU RECOMMEND THANKS
Q: Greetings
I received shares in PJT Partners as a spin off from Blackstone Group. Unlike everything else I own it's more than doubled since. What's your view of this company and it's prospects going forward?
Many thanks
Tim
I received shares in PJT Partners as a spin off from Blackstone Group. Unlike everything else I own it's more than doubled since. What's your view of this company and it's prospects going forward?
Many thanks
Tim