Q: Do you think AHF is worth holding at this time? Is there any light at the end of the tunnel? Thanx Robbie
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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, i have royal bank, manulife and sunlife, would Great West Life be appropriate to add to my financials? Or could you offer your view on Great West Life. Thank you
Q: you were positive on Manulife before, as i have recently freed up some cash do you still feel this is a good call?, thanks
Q: Hello Peter
I am wondering at current prices is fairfax a good investment for 3 to 5 years
Kevin
I am wondering at current prices is fairfax a good investment for 3 to 5 years
Kevin
Q: goodmorning . could you give me two ETF, one us&one Canadian holding us banks.Thanking you.. Regards Cliff
Q: Hi 5i team: given your answer to Gord on June 19, what should individual investor do, sit tight and wait for it to come up again? I am reluctant to take cap gains to bump up my taxable income.
Q: This question is in regard to Canadian Banks.
When you look under key stats (yahoo finance) there is a section called "Enterprise Value".
For the 4 banks I looked up all have negative numbers in the billions (TD being the lowest at -21B).
Also the operating cash flow shows a similar pattern of minus numbers in the billions (BNS being lowest at -6B).
Am I taking enterprise value and operating cash flow out of context to mean something different than it sounds?
When I think of Canadian Banks and their almost yearly record profits, huge negative numbers like these don't usually come to mind.
Are these common for banks and can you give me a brief understanding of what they mean?
thanks,
Paul
When you look under key stats (yahoo finance) there is a section called "Enterprise Value".
For the 4 banks I looked up all have negative numbers in the billions (TD being the lowest at -21B).
Also the operating cash flow shows a similar pattern of minus numbers in the billions (BNS being lowest at -6B).
Am I taking enterprise value and operating cash flow out of context to mean something different than it sounds?
When I think of Canadian Banks and their almost yearly record profits, huge negative numbers like these don't usually come to mind.
Are these common for banks and can you give me a brief understanding of what they mean?
thanks,
Paul
Q: 35% of mortgage loans in Alberta and all in Sask. are non-recourse where you can walk away from the mortgage if you're under water. I see HCG has a Home Trust office in Alberta; would you know how much of this type of lending HCG does in these 2 provinces or is this info even available? Can one know which are the biggest lenders in these areas - the big 5 banks, perhaps? We do know the Bank of Canada is concerned about some housing prices being up to 30% overvalued and FP did a piece on this recently:
http://business.financialpost.com/personal-finance/mortgages-real-estate/you-can-walk-away-from-your-mortgage-if-you-live-in-alberta-but-should-you
http://business.financialpost.com/personal-finance/mortgages-real-estate/you-can-walk-away-from-your-mortgage-if-you-live-in-alberta-but-should-you
Q: Peter: I have cash in my usaccounts and wish to purchase a USA regional bank. Could you provide info on any good choices?
Thanks
Thanks
Q: Hello Peter & Co,
What is your take on Sun Life's all cash acquisition of Bentall Kennedy? I understand that they already have a 10-year working partnership (they must know each other)
Thanks,
Antoine
What is your take on Sun Life's all cash acquisition of Bentall Kennedy? I understand that they already have a 10-year working partnership (they must know each other)
Thanks,
Antoine
Q: Hello Peter & Co,
I like the Brookfield family of stocks
I own BPI and BEP from way back when
Do I buy BPY while I also hold FSV,CIG and TCN?
I'd like to buy BAM; should I? I hold TD,BNS,SLF,EFN and CXI (financials)
Thanks
Antoine
I like the Brookfield family of stocks
I own BPI and BEP from way back when
Do I buy BPY while I also hold FSV,CIG and TCN?
I'd like to buy BAM; should I? I hold TD,BNS,SLF,EFN and CXI (financials)
Thanks
Antoine
Q: Hi, would you still rate this stock as A-? Seems to be on a steady decline for a year. I have an opportunity to add more to bring back to a full position, would you recommend I do this now or wait longer?
Q: Hi Team
IGM is more of a financial company and GWO is really an insurance company, yet both are really owned by power PWF OR POW.
I have a long term buy and hold blue chip dividend investor philosophy.
Safety-wise which one would hold up better in rising interest rate environment
What else should I consider before buying...
Is one of them a better value buy right now ?
thanks
Ernie
IGM is more of a financial company and GWO is really an insurance company, yet both are really owned by power PWF OR POW.
I have a long term buy and hold blue chip dividend investor philosophy.
Safety-wise which one would hold up better in rising interest rate environment
What else should I consider before buying...
Is one of them a better value buy right now ?
thanks
Ernie
Q: Any thoughts on Eurobank -Fairfax owns 13%-Wilbur ross also involved .Understand this consortium has well over a billion dollars invested which is about the current mkt cap . at prices much higher than current -37 cents versus current pricing around 7 cents . So does it make any sense to follow these savvy players ???????
Q: Could the Tahoe deal going underwater have a material impact on joint bookrunner GMP'S share price and 2015 guidance?
Q: I bought this preferred just recently for a price of $25 and it has gone down steadily since then -- it now has a bid of $24.35. It has a yield of 6.5% and I bought it for income but if I lose in capital what I am gaining in income it doesn't make me happy (grin). What do you think the future holds for this preferred?
Q: Can you give us a more detailed analysis of CXI at this point? Was there any more information given on the most recent earnings call provided more information?
Q: Hey Peter & Team,
Originally I bought Manulife right around $20 back in Feb 2014, collected a nice dividend but admittedly, I became impatience with very little in the way of capital gains. Jan I sold at $21.68 and redistributed the capital elsewhere which worked well in PHM & EFN.
Lately there has been much talk about interest rates and how well Insurance companies should do with an increase in rates. I have been sitting on 25% cash for about 6 weeks and am seriously considering MFC or SLF for a portion of this capital.
The long term graph for both since their lows back in July 2012 look very good with higher highs and higher lows all the way but also for both, very little in the way of capital gains for the past year.
Can you please give us your opinion on the Life Co's moving forward, what you think an increase in rates will do for their share values, and which you would select... MFC, SLF or another selection in the sector... at this time?
I know in the past you have recommended SLF ahead of MFC.
Thanks for all you do
Gord
Originally I bought Manulife right around $20 back in Feb 2014, collected a nice dividend but admittedly, I became impatience with very little in the way of capital gains. Jan I sold at $21.68 and redistributed the capital elsewhere which worked well in PHM & EFN.
Lately there has been much talk about interest rates and how well Insurance companies should do with an increase in rates. I have been sitting on 25% cash for about 6 weeks and am seriously considering MFC or SLF for a portion of this capital.
The long term graph for both since their lows back in July 2012 look very good with higher highs and higher lows all the way but also for both, very little in the way of capital gains for the past year.
Can you please give us your opinion on the Life Co's moving forward, what you think an increase in rates will do for their share values, and which you would select... MFC, SLF or another selection in the sector... at this time?
I know in the past you have recommended SLF ahead of MFC.
Thanks for all you do
Gord
Q: Hi ...can you help with a sector and diversification question? I appear to be out of balance with 30% of the portfolio allocated within the financial sector. The stocks involved are BNS, RY, SLF, BLK, GS, CXI, BRK.B. Equal weight.
So there are two banks, one insurance company, two financial services companies, one currency exchange operation and I am not sure how to classify Berkshire Hathaway. A holding company?
Do you think I am overweight in financials? Would all of these stocks go down if the financial sector stumbled? They seem to be quite different operations to me. I am reluctant to cut back on these stocks as they are all doing well. Maybe BRK.B could be cut but it is the least financial of all of these I think.
Any way thank you in advance for your thoughts.
So there are two banks, one insurance company, two financial services companies, one currency exchange operation and I am not sure how to classify Berkshire Hathaway. A holding company?
Do you think I am overweight in financials? Would all of these stocks go down if the financial sector stumbled? They seem to be quite different operations to me. I am reluctant to cut back on these stocks as they are all doing well. Maybe BRK.B could be cut but it is the least financial of all of these I think.
Any way thank you in advance for your thoughts.
Q: In response to a recent question regarding US financial ETFs you recommended KIE as an insurance ETF. Do you have specific reasons for favouring KIE over IAK? Thanks.