Q: I was stunned to see that Sun Life tops a list of Corporate Canada's mountains of cash - a recent Globe and Mail piece - with $6 bb. Could you speculate what they might do with it? Hopefully not purchase a US mutual fund like Great West did with Putnam! On the subject of lifeco's I stumbled across an ad for a class action lawsuit with Manulife, the stock that was touted to be as safe as houses. If you purchased shares between 2004 and 2009 - which I did - you should register here http://www.classaction.ca. It's free to join.
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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: Hi Peter and Team,
I recently purchased more shares of GS for my husbands RRSP during it's recent pullback at $28.46 as all the research I have done indicates that it is a good stable company with good growth, dividend and the potential for additonal special dividends or take. I was pleasantly surprised to see the bounce it today to $31.66 on the reported news that they were acquring another firm. I would like your opinion on this acquisition and would you continue to hold this stock? I know you like to hold for the long term but a 11% return in 11 days is tempting unless you see further upside.
Thanks for all the sound advice you provide.
I recently purchased more shares of GS for my husbands RRSP during it's recent pullback at $28.46 as all the research I have done indicates that it is a good stable company with good growth, dividend and the potential for additonal special dividends or take. I was pleasantly surprised to see the bounce it today to $31.66 on the reported news that they were acquring another firm. I would like your opinion on this acquisition and would you continue to hold this stock? I know you like to hold for the long term but a 11% return in 11 days is tempting unless you see further upside.
Thanks for all the sound advice you provide.
Q: Hi team:
last time some members raised a question on PWF is in late Feb
I hold this for dividend income and hopefully some capital gain
It has been declining for awhile
Is there any fundamental reasons for this decline?
For a long term hold for dividend income, would you give it a
B or B plus recommendations ? Thanks
last time some members raised a question on PWF is in late Feb
I hold this for dividend income and hopefully some capital gain
It has been declining for awhile
Is there any fundamental reasons for this decline?
For a long term hold for dividend income, would you give it a
B or B plus recommendations ? Thanks
Q: CF.Agreed with your answers to Helen today.CF been on a tear since report of strong results on Feb 5($6.87) & your review on Jan 10($7.29).Thinking of buying tomorrow prior to release of results after market close on Jun 6.Worried that above already priced in expected result.Your normal good advice.Thanks a lot
Q: I recently purchased Fiera (FSZ) but it has been on a fairly steady decline for the past month. Are you still comfortable with your rating, and might this be a good chance to pick up some extra shares 'on sale'?
Thanks, Bob
Thanks, Bob
Q: CF Cannacord Genuity; Is it worth holding or fully priced. The p/e seems extraordinarily high.
Q: EQI Equity Financial just reported the results from their AGM. Looks like we all voted with Smoothwater and now S. Griggs is the new COB. Can you sum up where you see this puts the stock at this time and set up what the future may look like?
TIA
TIA
Q: Do you think MFC might shortly play 'catch-up' with their dividend? They did cut it massively a while back. Currently EPS is $1.62 while the Dividend is $0.52 {Globe & Mail, on line}. That is a payout ratio of only 32%.
Paul
Paul
Q: FSZ-vs-AHF - need one - which is best for long term and why? thanks
Q: Great West Life GWO has been falling lately. Is it because of lower bond yields? Is it a hold ,sell or buy? Thank you very much.
Q: Hi Peter,
Very much appreciate the Q and A service.
Would you recommend selling GMP to buy FSZ for a long term hold? Which one offers the best prospects for dividend growth and capital appreciation?
Thank so much.
Very much appreciate the Q and A service.
Would you recommend selling GMP to buy FSZ for a long term hold? Which one offers the best prospects for dividend growth and capital appreciation?
Thank so much.
Q: Hi Peter,
I am thinking to initiate position either in CIX or POW. Pl advise which stock is most compelling and reasons for that.
I am thinking to initiate position either in CIX or POW. Pl advise which stock is most compelling and reasons for that.
Q: (From Greg)
Scotiabank is selling its CIX (CI Financial) holding at a price of $31.60 in a just-announced secondary offering. Given that CIX closed today at $33.65, this seems to be a very good deal. What is your opinion? Should I commit to this offering through my broker (no transaction fees), or will the market price of CIX likely decline to meet this price anyway in the next few days?
Scotiabank is selling its CIX (CI Financial) holding at a price of $31.60 in a just-announced secondary offering. Given that CIX closed today at $33.65, this seems to be a very good deal. What is your opinion? Should I commit to this offering through my broker (no transaction fees), or will the market price of CIX likely decline to meet this price anyway in the next few days?
Q: Hi Why are the life ins companies all down ie SLG GWO PWF. Would you suggest adding or possibly wait for more downside. I already have about 5% each of SLF and GWO Thanks
Q: Hi Peter, CF is ticking up again today. Its been another great pick of yours Thank you ! What are your thoughts here ? Is it getting ahead of itself ? Paul
Q: Peter et al,
You recently reported on Fiera (Fzv). I had considered it previously but forgot it when you recommended Element Finance which I bought. Considering that they are approximately the same price and Fiera pays a dividend and Element does not and Element is bigger which would you recommend or are they more or less equal?
Gary
You recently reported on Fiera (Fzv). I had considered it previously but forgot it when you recommended Element Finance which I bought. Considering that they are approximately the same price and Fiera pays a dividend and Element does not and Element is bigger which would you recommend or are they more or less equal?
Gary
Q: Bank of Nova Scotia's results look promising with a share buy back of 1% and strong earnings over last year. Can you comment and disclose estimates for the quarter please.
Thanks,
Eric
Thanks,
Eric
Q: Hello Peter
I recently sold a large Ontario bond that was yielding 4.4% and need to replace it with very secure dividend yielding equities in the 4% yield range. I have already bought some Fortis FTS and a small amount of Bonterra BNE. Now I am thinking of adding a bank and I see Commerce CM and National Bank NA are the cheapest banks and both have P/Es just over 10. The yields are both 3.97% and 3.98% respectively. I see Laurentian LB yields 4.3% but at a P\E of 11.6 and is presumably less secure.
When is CM likely to raise it's dividend?
I am inclined to choose CM and I would appreciate your advice and comments on which bank to choose and why.
Paul
I recently sold a large Ontario bond that was yielding 4.4% and need to replace it with very secure dividend yielding equities in the 4% yield range. I have already bought some Fortis FTS and a small amount of Bonterra BNE. Now I am thinking of adding a bank and I see Commerce CM and National Bank NA are the cheapest banks and both have P/Es just over 10. The yields are both 3.97% and 3.98% respectively. I see Laurentian LB yields 4.3% but at a P\E of 11.6 and is presumably less secure.
When is CM likely to raise it's dividend?
I am inclined to choose CM and I would appreciate your advice and comments on which bank to choose and why.
Paul
Q: Hello Peter, I wish to better understand why P/B ratio is important. What is the ideal P/B ratio for a big cap company? The P/B ratio of Royal Bank on TMX Money is 2.36, and the same ratio for National Bank is 1.96, which one has the best P/B ratio? Thanks, Gervais
http://web.tmxmoney.com/quote.php?qm_symbol=RY:TSX
http://web.tmxmoney.com/quote.php?qm_symbol=RY:TSX
Q: Hi 5i team
I have held Power Corp (POW) in my retirement account since Jan/94. It is now trading at about the same price as it did in Jan/09 and the dividend has not increased in at least 5 years. Would you consider still holding this stock and if not what would you recommend that has a similar dividend but is not in the financial sector? Thanks.
I have held Power Corp (POW) in my retirement account since Jan/94. It is now trading at about the same price as it did in Jan/09 and the dividend has not increased in at least 5 years. Would you consider still holding this stock and if not what would you recommend that has a similar dividend but is not in the financial sector? Thanks.