Q: What are you thoughts on ASTO HILL results.
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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 again,
I'd like to have your opinion on E-L Financial Corp Ltd (ELF.TO). They offer life insurance and wealth management products, employee benefit plans, and financial services.
It's a 2B cap company with absolutly no coverage. Its very illiquid and trade at less than 4 times TTM earnings! It has a very low debt and is trading at 0.73 x book value. The stock has more than double in two years, yet nobody seems to be interested by that company. They also seem to like special dividend. What are your thoughts ? It looks like a very good value play on the long term to get some exposure to insurances ? Have you ever have contacts with management?
Thank you very much
I'd like to have your opinion on E-L Financial Corp Ltd (ELF.TO). They offer life insurance and wealth management products, employee benefit plans, and financial services.
It's a 2B cap company with absolutly no coverage. Its very illiquid and trade at less than 4 times TTM earnings! It has a very low debt and is trading at 0.73 x book value. The stock has more than double in two years, yet nobody seems to be interested by that company. They also seem to like special dividend. What are your thoughts ? It looks like a very good value play on the long term to get some exposure to insurances ? Have you ever have contacts with management?
Thank you very much
Q: What is the better buy - Visa V @$211.or MasterCard MA @$75. BNN guests were about equal in their preference.
Perhaps there are other prospects that are better than either. Thank you AWS
Perhaps there are other prospects that are better than either. Thank you AWS
Q: Peter,
Could you please comment on Element Financial (EFN on TSX). Lost over 6% in the last 5 days.
Thanks,
ZK
Could you please comment on Element Financial (EFN on TSX). Lost over 6% in the last 5 days.
Thanks,
ZK
Q: Your thoughts on Canaccord's (CF) recent earnings please
Q: Canaccord traded in the $25 range in 2006 and 2007. Do you think it has the potential to reach this point once again given time? Also what were the circumstances of those past years that caused the stock to trade at that level? Thanks, J.
Q: Hi 5i Team,
In your response to Monika, you mention that National Bank (NA) is usually discounted because of its size and Quebec base. Is there something they could do to unlock value and get a higher multiple? In other words, what could management do to get them priced more like the other major Canadian banks?
In your response to Monika, you mention that National Bank (NA) is usually discounted because of its size and Quebec base. Is there something they could do to unlock value and get a higher multiple? In other words, what could management do to get them priced more like the other major Canadian banks?
Q: Hi Peter and Team,
Quick thoughts on Ocwen Financial, OCN.US
Quick thoughts on Ocwen Financial, OCN.US
Q: Intact Financial informs they are experimenting with investments abroad. They advised they invested $20 million in a broker in Brazil. Is there somewhere in their financial statement that would reveal who the broker is and what percentage of it they now own and if this may be Life Insurance or perhaps Non Standard property/auto?
Q: Genworth ($MIC) is up 5% percent to C$39.72 after earnings topped estimates. It's still a cheap stock with a big dividend. What do you think about earnings? And by how much rates would have to increase next year for it to hurt the stock?
Q: For life insurers such as SLF, I have heard many times that higher interest rates will help them because of higher earnings in their bond portfolios. But, higher interest rates should also result in capital losses on bond portfolios. Can you explain this apparent conflict?
Thanks,
Thanks,
Q: FSZ - Hi guys, first question - Fiera is down, probably because they have said that there were errors in their annual reporting for all funds for 2013 - then do not adequately explain the impact of the errors - amateur mistake and poor communication. May be a buying opportunity but could you investigate and reassure me please? Here is the post: announces that it has filed revised version of each of the Funds' annual management report of fund performance (together, the "MRFPs") for the year ended December 31, 2013. The MRFPs have been revised to correct errors contained in the graphs presented under the heading entitled Year-by-Year Returns.
Copies of the MRFPs as well as copies of the cover letters detailing the revised information are available through SEDAR at www.sedar.com or through Fiera's website at www.fieracapital.com
Copies of the MRFPs as well as copies of the cover letters detailing the revised information are available through SEDAR at www.sedar.com or through Fiera's website at www.fieracapital.com
Q: Hi,
I currently have a well diversified portfolio with a good mix of large and small cap stocks. I was thinking of possibly replacing TCK.B (with a minor gain). Could I get your input on a suitable replacement, or if I even should be replacing it at this point?
I currently have a well diversified portfolio with a good mix of large and small cap stocks. I was thinking of possibly replacing TCK.B (with a minor gain). Could I get your input on a suitable replacement, or if I even should be replacing it at this point?
Q: Hi Peter and Team,
Quick thoughts on Regional Management Corp, RM.US
Quick thoughts on Regional Management Corp, RM.US
Q: If you follow FNHC in the US, it just reported excellent results and yet the stock is dropping like a rock - what is it the market doesn't like?
THanks,
Murray
THanks,
Murray
Q: Hi Peter and Team,
What are your thoughts on Axis Capital Holdings, AXS.US
What are your thoughts on Axis Capital Holdings, AXS.US
Q: Hi Peter and Team
I hold these financials in my RRIF (RY 3.5%, BNS 5%, XFN 3% and XLF 1.2%) and would like to increase financial by another 3%
Debating for either TD and add to XLF, please help me decide, thanks
I hold these financials in my RRIF (RY 3.5%, BNS 5%, XFN 3% and XLF 1.2%) and would like to increase financial by another 3%
Debating for either TD and add to XLF, please help me decide, thanks
Q: I appreciate your opinion on FIG.US(Fortress Investment)and AINV(Apollo Investment Corp)among the two which one would you choose, Thanks
Q: Peter et al,
I bought Gluskin Sheff at $20.37 and it has risen approx 50%. Fabrice Taylor on BNN last week suggested to always take a profit when you can, but I think it deserves more consideration than that. What do you think its prospects are? Would a move to another financial e.g Cannacord CF be advisable? I already have Alaris, Element, Counsel, & Fiera. Also Davis & Henderson if it is considered a financial. They make up 23% of my portfolio. Thanks in advance for your advice.
Gary
I bought Gluskin Sheff at $20.37 and it has risen approx 50%. Fabrice Taylor on BNN last week suggested to always take a profit when you can, but I think it deserves more consideration than that. What do you think its prospects are? Would a move to another financial e.g Cannacord CF be advisable? I already have Alaris, Element, Counsel, & Fiera. Also Davis & Henderson if it is considered a financial. They make up 23% of my portfolio. Thanks in advance for your advice.
Gary
Q: Hello Peter and Team: In an otherwise diversified portfolio, I am considering selling my position in CEW and purchasing half positions in each of BNS and SLF. My rationale is to avoid the 0.61% MER in CEW, and I also note that the top two holdings in CEW are in fact SLF at 10.38% and BNS at 10.27% of CEW's total portfolio. Are you OK with this switch? As always, thanks in advance for your advice/recommendations.