Investment Q&A

Q: What is your opinion on investing in National Bank? Would a different bank be a better choice?

Q: I am hoping to retire in the next couple of years. If I can get a 4% return on my portfolio, I believe I'll be in great shape for many years. Recognizing that National is not your favourite bank, I can't help but look at the 6% return and wonder why I wouldn't buy this as a solid income producer. Canadian Banks (including NA)are very well regulated and if they all go under, we'll all have very big problems. Am I missing something or perhaps to ask the question another way, do you see a better place to get a fairly secure 6% return for many years into the future?

Q: With the continuing decline in the share price of Canadian banks, would you consider ZWB to be a better alternative for bank exposure at this time for the next 6 to 12 months ?

Thanks

Q: Can you comment on manulife. The street is not liking today's results.Is it worth holding.
Thanks Dave

Q: Hi- what is happening with this Maple Leaf situation? Are they in trouble?
Buyable here?
Thanks

Q: I own Royal Bank shares--is there another of the big 5 banks that would compliment this holding and is it a buy now? I would like to just hold two banks and add as they get cheap.

Thanks.

Q: If Canada was to implement negative interest rates, do you think banks would pass this cost on and increase borrowing rates? I just started ZRE positions in several accounts and am wondering if this would have a material impact on the value of reits, or do you think the possible effect is already priced in. I get real nervous thinking what the effect would be on mortgage rates. What do you think? Thank you

Q: Can I get your thought on Aeg, I know that value investors have had this as a top pick many times but the stock keeps going down. Also according to Yahoo finance the book value for this company is around $14, how can a stock with a book value of $14 trade at around $5

Q: Financials constitute 21.2% of my portfolio. I would like to reduce that by selling off some these; AD 12.57%,SCB 3.79%, EFN 16.17%, FIE 33.75%, FSZ 4.92%,GS 11.35%, HCG 17.45%. Which would you sell? Would you consider buying Tricon with any proceeds? GS dropped considerably in the last few months. Do you know why?
Thanks in advance. Gary

Q: Hi Guys - rarely do I ask a question as so many of your members ask before me. Perhaps my turn.

Looking for your thoughts and expectations on the below noted link which describes share holder agitation. Thanks in advance.

https://finance.yahoo.com/news/concerned-shareholder-group-calls-immediate-113000556.html

Q: Hi Peter & team, What are you expecting from HCG's earnings tomorrow? And what's the consensus amongst analysts?
Thank you!

Q: The Banks exposure to the Oil and Gas debt(losses)and non-payments of loan losses in particular Bank of Nova Scotia. Therefore, how many are not paying, behind in their payments and how many will never pay them back or written off. In addition, how much does BNS have set aside(Reserves) for direct and in direct loan losses(debt), and any other helpful figures and etc.

Q: I am thinking of taking a small position in Sunlife Financial, what are your thoughts given the following information ? I already have positions in Manulife, Great West, Power Corp. I realize that Power owns Great West but both are good companies. I love Canadian dividend paying companies and would probably never sell once acquired.

Q: Hi Peter & Staff: I purchased this last Nov 18/15 @ $55.58. TD rated the stock a good buy and a positive future. The stock is now $37.51 - down 32%. Is this a dud? Should I sell? Any hope of the stock returning to $55.00 or $60.00? Thanks for your opinion.
Ron Noble

Q: What's your opinion on this company? Thanks - Richard

Q: Hi, I have had this stock for a year,and it seems to be on steady downtrend from around $14. I'am alittle overweight at 7%,would you hang in or reduce to 4-5%.Financials look to be weak right now, your thoughts .
Thanks

Q: Could you please give your opinion on GS latest results of Feb 3
When are the dividends payable. Would you own this stock for a 5 year+ hold?

Q: CIT Group is selling at a low P/E and a significant discount to tangible book value. Is this a high risk stock in your opinion?

Q: EFN is starting to look very attractive. Why is it so beat up?
The management presentation references tangible leverage, which appears high but wondering if you could put it in context, I'm guessing as a financial this kind of leverage is more acceptable. They seem to be generating higher returns now but if thats just happening due to additional leverage its not really a value add. Do they have any oil and gas exposure? Chesapeake is referenced in the deck, not sure how that ties and how large that exposure would be.

Thanks

Q: I asked a question a few days ago but it must have been lost since it was not answered so I will re-ask. By reading responses to other questions I get the sense that Canaccord Genuity continues to be a good undervalued company; however, nothing may happen with my investment for several more years. The positives are price to book, good cash position, and a sustainable dividend if the company so wishes. The major negative could be several years with little or no growth due to the state of the Canadian Resource industry. If my statements are correct, should I sell my shares of CF and buy something else with greater growth potential over the medium to long term. If so do you have a recommendation understanding that I am overweight in resources and banks. Alternatively, with CF's low current price and good dividend should I buy more. Also do you continue to view CF as a B-. In my RRSP, CF only constitutes about 3%. Thank you very much.