Q: Lloyds of course is going to have direct leverage to the UK/European markets, and a 9X earnings we think its risk is priced in. The government exit implies a 15% discount to buyers, with a bonus share for every 10 bought.
The above was a quote from your response to my LYG.US inquiry. Does this mean if I buy the shares, I will get a ten percent bonus in shares? Haven't heard of this before.
Thanks.
Q: Hello:
I am looking for a stable div payer with potential for some price appreciation when interest
rates climb. Could you comment on POW, GWO & MFC. What would be your choice of these or do you have a better suggestion. I own Sun Life.
Thank you: Jerry
Q: I can't find the article you wrote about dividend investing that mentioned a company initiating a dividend is a very good sign. Could you please help me find the article. And would EFN thus qualify as a good buy now? Thank you.
Bought it @$14. Sold 25% of my position at $19.11 last May.
Saw your last comment end of Oct re the speculative shorting taking place. I do plan on holding for the long term but, would like your opinion on what effect the Fed raising rates (appears to be inevitable... again) may have on the price.
You have taught us not to try to time the market cycles but allow me to ask if you feel the banks are poised for a run. With interest rates set to spike in the US from good data, banks will benefit.
Your thoughts?
Q: Hi Folks - When interest rates start to rise (I'm 54, so it could be in my lifetime) I've read that lifeco's do well as would rate reset preferreds. On lifeco's, could you suggest a few in the US, and on rate resets, is there an ETF that holds them but not perpetuals? Thanks.
Q: with an interest rate hike in the US seeming more likely in December, is it time to make a move to US financials? I currently have ZUB but would ZBK be the better choice? with an interest rate hike, would this strengthen the US$ and by buying ZBK would it profit from both the move to US financials and a strengthening US$?
What do you think of adding ZBK and keeping ZUB. I'm fairly diversified and this move would increase my weighting in financials overall.
Q: I have been following this company for a while, but have not yet purchased. Good thing, as the price keeps dropping. The latest earnings report looked quite good to me. One comment I have heard about the company is that they started share buybacks and a dividend to boost the share price, but that this is actually a negative, because they will need to borrow more money at higher rates to fund its loan growth, which adds to risk. What are your thoughts? Thanks!