Q: Can you please explain and give me your opinion on a BMO Canadian Banks AutoCallable Principal at Risk Note Series 185. I can unload these after June without any additional sales charge and are currently showing a loss they are Due December 2020. Would you sell these for something more favourable?
You can view 3 more answers this month. Sign up for a free trial for unlimited access.
Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hi there,
I'm down fairly heavily on this and am wondering if at this point the losses are due to the suspension of the dividend or if there are other warning signs? If so, would you expect it to hang around just over $5 or do you see lots of room to fall in a sinking/sideways market? Finally, buy, sell or hold
Thanks!
I'm down fairly heavily on this and am wondering if at this point the losses are due to the suspension of the dividend or if there are other warning signs? If so, would you expect it to hang around just over $5 or do you see lots of room to fall in a sinking/sideways market? Finally, buy, sell or hold
Thanks!
Q: I bought this quite recently as its valuation seemed decent and the stock seemed to be firmly in recovery mode. Do your resources indicated why it dropped 14% today? This is not a small cap stock...
Q: Could you give us your latest opinion on cix pls
Q: In an earlier reply on BNS you said it was up 12% over the year well ahead of other Canadian banks. Looking at 1 year chart from TMX shows BNS -1.29 over 1 year, BMO 3.91%, CM 6.25%, TD 3.49% and RY -1.5%. This data does not include dividends. Also looking at 10 year data you see significant differences in performances between Canadian banks and this was the same 15 years ago. Unfortunately, I could not paste the graph to prove my point but you can easily compare stocks using TMX Money over various time periods.
Steve
Steve
Q: Referring to Edwards question, as I am a shareholder as well--
Today is x-dividend for BNS which I think has a bearing on Stock Price
Today is x-dividend for BNS which I think has a bearing on Stock Price
Q: Hi,
I am considering buying a FFH bond. I do have some bond ETF's but I like the certainty of a known maturity date when I get my original investment back and the ability to select the company. I have never owned a bond directly and would like your advice. Two concerns: 1) trading fees from BMO investorline seem quite high at 1% plus there is no bid/offer spread so they probably gouge me on that too. 2) Specific to FFH the +3% yield seems high compared to other names which I presume implies it is riskier. I understand FFH have a lot of equity hedges to protect against deflation so wouldn't that mitigate risk? Am I crazy to start down this path and am I missing something wrt to FFH in particular?
I am considering buying a FFH bond. I do have some bond ETF's but I like the certainty of a known maturity date when I get my original investment back and the ability to select the company. I have never owned a bond directly and would like your advice. Two concerns: 1) trading fees from BMO investorline seem quite high at 1% plus there is no bid/offer spread so they probably gouge me on that too. 2) Specific to FFH the +3% yield seems high compared to other names which I presume implies it is riskier. I understand FFH have a lot of equity hedges to protect against deflation so wouldn't that mitigate risk? Am I crazy to start down this path and am I missing something wrt to FFH in particular?
Q: Some pundits seems to push BNS and TD as the 2 best banks. But, when I checked this morning, I found BNS had dropped much more than the others. BNS-1.14, BMO-.17, CM-.09, RY-.28, TD-.10.
I just do not understand the enthusiasm for BNS when so many of its branches are in very unstable countries; Mexico, Central and South America. The thought would bother me if I had a position in it. Comment?
I just do not understand the enthusiasm for BNS when so many of its branches are in very unstable countries; Mexico, Central and South America. The thought would bother me if I had a position in it. Comment?
Q: I last wrote to you about OZM.us on October 1 2014. After reviewing your input, I held on to my shares. Unfortunately, OZM is down another 60% since that date. I would be thankful for your comment on OZM’s prospects. I cannot use the tax loss. Nevertheless is it better to sell and move on? OZM.us looks like great value. But then many companies do, just before heading into bankruptcy.
Q: Could you please give your opinion on TMC for 5% of an income portfolio. Seems that it is trading well below it's peers
Q: Which is better, FIE vs ZEB?
Thanks as always for your informative answers! Austin
Thanks as always for your informative answers! Austin
Q: Could you please recommend 3 names of companies/ETFs/ that would produce monthly income, to be added to an otherwise reasonably balanced portfolio for a long term hold.
Thank you for the great service.
Thank you for the great service.
Q: Although FFH is known to have hedges in the case of a Black Swan event, the long term chart still looks good. Is this basically a "no-brainer" where you can buy the stock and see it appreciate in both bear and bull markets?
Q: Do the banks still look cheap here? I have a healthy weighting in BNS. I would like to add either RY or TD. TD is more expensive, is its valuation justified in your opinion?
Q: Hello 5i,
I'd like to get your take on Q4 results. Loan book growth and earnings looked good to me; however, should we expect slower growth going forward? Average interest rate decreased rather substantially Q/Q and there was a 450k loan loss provision (which was the first in company history). Is the stock still cheap in your opinion? Thanks
I'd like to get your take on Q4 results. Loan book growth and earnings looked good to me; however, should we expect slower growth going forward? Average interest rate decreased rather substantially Q/Q and there was a 450k loan loss provision (which was the first in company history). Is the stock still cheap in your opinion? Thanks
Q: Your thoughts on this one for income. These are all high quality companies and the common stock version has payed a nice dividend for a long time.
Q: I just saw an article probably announced by the Feds in the latest budget that there will be new legislation on "Bail-In" for banks. I don't know too much about the details, but from my understanding the current framework is that the gov't will step in if the economy is bad enough to help support the banks from collapsing or failing.
The latest change will make it that the creditors of the banks will be on the hook and will have an option to swap their bonds to equity?
Is that correct and what is your take on how this will affect the risk of Canadian Banks?
The latest change will make it that the creditors of the banks will be on the hook and will have an option to swap their bonds to equity?
Is that correct and what is your take on how this will affect the risk of Canadian Banks?
Q: Recently read an article in Globeinvestor entitled "It's time to check out the dazzling yields of Canada's big bank preferred shares" a recent offering from them pays a dividend of 5.5% and after 5 years is reset to 4.8% over the 5 year Canadian bond rate. My question is what would the symbol be or how could I purchase this,I trade online and that's the vehicle I would like to purchase them through,appreciate your answer ..thanks
Q: Wandering if you could help me out,these preferred shares are advertised as 5.5% dividend,but when I go to my BMO Investorline account or Globeinvestor it shows 0% for dividend and no ex date.any help on how often the dividend is paid and why it shows zero.This is a new offering in early March has had respectable volume and done well appreciate your information thanks
Q: Is it time to dump this stock.