Q: I am very overweight in Canadian banks including 500 shares in BNS. Is this a good time to sell 300 and exchange for BPF.UN, FSV and BAD?
Alex
Alex
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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: Home Capital (HCG) took a bit of a hit last week after the Fitch rating announcement. What is your view on Home Capital now. Also, I am confused that you have Home Capital in your model portfolio, but I could not find it in your coverage universe nor could I find your research report on HCG. How do stocks get into your model portfolio?
Q: Hi, I am looking at investing in either the banks or Home Capital Group (HCG). Which one do you think is better and if you select banks, which bank would you recommend at the moment. I was thinking of TD but I know you're big on ScotiaBank.
Thanks
Thanks
Q: MFC Manulife- I have been an owner through the ups and then the downs - will the managaers- get this business turned around. After all that I have been through is this a hold? or time to move on.
Q: Well done yesterday on BNN. You have an impressive knowledge of the public companies, where do you stash your notes? I have picked TD Bank for their US exposure rather than a Cdn Bank ETF, Agree? Carfinco seems to have skimmed the cream. Agree?
Q: Hey Peter. Masterful job on MarketCall.
Question on strategy: Seeing the larger discount, than its historical average compared to its peers, I am accumulating a position in National Bank. If I get to a full position (5% of my portfolio) and the large discount remains compared to its peers, would you overweight National Bank or would you start accumulating a second bank, as they also seem to look attractive at these levels. Currently National Bank is my only financial.
Question on strategy: Seeing the larger discount, than its historical average compared to its peers, I am accumulating a position in National Bank. If I get to a full position (5% of my portfolio) and the large discount remains compared to its peers, would you overweight National Bank or would you start accumulating a second bank, as they also seem to look attractive at these levels. Currently National Bank is my only financial.
Q: I own BNS , could you give me your view on why it hs taken such a drop in price in the last two weeks .
Thanks Jim.
Thanks Jim.
Q: FSZ has performed very well since your last report (& upgrade). Would you be a buyer at current prices; would you trim a little?
Q: I am interested in your opinion on proposals that systemically important Canadian banks may adopt bail-in provisions such that uninsured deposits would not be bailed out by the Government - I believe Canadians have always assumed the Feds would bail out a big 6 Canadian bank but recent discussions in the aftermath of Cyprus seem to call this assumption into question
Q: Hey, Peter.
I'm thinking about starting a position in National Bank (NA). It looks like it is by far the "cheapest" of the Canadian banks. I see that it is expected to make $8.61 per share in 2014. It is unrealistic to expect it to trade at a 9.5 2014 p/e multiple giving it a rough share price of $81.80 (representing a 10%+ capital gain)?
I'm thinking about starting a position in National Bank (NA). It looks like it is by far the "cheapest" of the Canadian banks. I see that it is expected to make $8.61 per share in 2014. It is unrealistic to expect it to trade at a 9.5 2014 p/e multiple giving it a rough share price of $81.80 (representing a 10%+ capital gain)?
Q: Would like your comment on AFG.B. Dividend is high. Can it be sustained.?
Q: What are your thoughts on Flaherty & Crumrine Investment Grade fixed income fund,FFI. Thank you. Jack
Q: Do you see the sell-off in the banks having further to run or would you recommend accumulating at these levels? Thanks.
Q: at this point i am more royal bank than any other, would appreciate your thoughts of what banks to be in(if any) and which offer least problematic exposure to outside influence
thanks
thanks
Q: Which of the 5 big Canadian banks should I invest in for growth and dividend?
Q: Hi I am wondering if you have any views on PennyMac Mortgage Investment (PMT). It's got a good dividend yield for my US portfolio. Any insights would be appreciated.
Q: "Fiera Capital Corporation, manager of The Fiera Capital QSSP II Investment Fund Inc. (the ''Fund''), announces its first offering of Class A shares, Series 2013 of the Fund.
The first offering will begin on Tuesday March 26, 2013 and is expected to end on April 2nd, 2013." Is this positive for FSZ? It looks like it will open today down ~4%.
The first offering will begin on Tuesday March 26, 2013 and is expected to end on April 2nd, 2013." Is this positive for FSZ? It looks like it will open today down ~4%.
Q: I have a strategy question about the merits in investing in life insurance companies. I simplistically see this business as two businesses - life insurance and investment. If the results from each sector were available, I would ask whether the return from the life insurance business is good. My next question would be whether I could do as well with investments. I wonder whether an insurance company devotes the same level of investment expertise as would a business devoted to managing a comparable portfolio or relies more on third party analysis eg rating agencies.
Q: Your update on Equity Financial EQI raises in my mind a strategy question about investing in mortgage finance companies. I figure that these portfolios consist of 2nds with high loan to value. Why invest in these (having no upside) instead of a high quality REIT. While the sector is different, I see it as fundamentally investing in the same asset - real estate. Chances are that, with 2nds, the collateral and covenant value would be second rate. Moreover, their supply depends on brokers whose business is based on volume, not quality.
Q: IF YOU WERE GOING TO INVEST IN Banks would you go with a specific bank ,or would you invest with [ZWB]
Jim.
Jim.