Investment Q&A

Q: Hi 5i

I bought Bank of America for 16.60 in an RRSP account. Do you think they will increase their dividend anytime soon and what do you think of company long term? I was disappointed with their "accounting error"
Thanks

Greg

Q: MFC - Manulife

Bruce Campbell Market Call comment... "has it likes it and holds it and has a 1 yr target of $24."

Mark mentioned street opinion 1 yr out was $23.88.

I got in mid Feb $21.10. Today @ $20.52.

Your comments please...

Thanks for all you do

Gord

Q: Hi Peter and Team, regarding SunLife, SLF, your thoughts on their results and how you feel the stock will react tomorrow morning at open? Thanks!

Q: I have owned Citigroup for a year and as a growth stock it's been stuck in the mud. I was about to sell it and I see Citigroup made a large acquisition yesterday. Should I hold or sell this stock.

Q: I was hoping to get your opinion on Oaktree Capital (OAK). Do current fundamentals look attractive? I was looking at this for its dividend (is it safe) and for its potential to outperform and act as a hedge if/when the market takes a downturn. Thanks

Q: Hi Peter and team, I own Atrium Mortgage Investment (AI). They just announced a $30M public share offering at $11.40. I am wondering whether this is positive, negative or neutral. The chart looks good. What do think or the stock generally? Also, is it better than Timbercreek (MTG) in your view. Thank for your input. Always appreciated.

Q: Hi, Peter
Is CI Financial Corp. a good buy now? Is it worth a "B" rating?

Thanks in advance

Q: Hi,

What do you think of EL Financial as a buy at this time?

Q: CF is up substantially today. Could you please explain their press release "Canaccord Genuity Group Inc. discloses cancellation of shares acquired under normal course issuer bid/buy-back programme and total voting rights". Is this the reason for the increase? I'm somewhat confused. Thanks as always for the great work you're doing.

Q: FN

Could you please comment on the recent price drop and outlook for FN?

Q: HI & thanks 5i team. Young family man w/too little time to follow holdings as would like. Hope this ? w/I ballpark. Own GABC Nasdaq. Was going to add til realized reported today (always seems to run after earnings). Your view on said earnings & co, particularly in light of impact on same of most recent acquisition, would be most helpful as I examine long term p/folio plan. Appreciate size & local market risk assoc w/holding, but mgt never seems to disappoint.
Thanks for anything you can offer, Joel

Q: Have today's events changed your resolve on Bank of America ? Thankyou.

Q: Hi 5i,

I would like your assessment of a New Issue/IPO just made available on TD's Direct Investing web-site. It is for approx $250 million of common shares in Aurigen Capital Limited. It seems this company has been in existance since 2007 and offers Life reinsurance to primary insurers. The CEO (Alan Ryder) has
previously led the launch, growth and operation of two other successful reinsurance start-ups and previously (2007) raised
$505 million of equity capital from respected private equity &
industry investors. Is the CEO and other members of the mgmt team known to 5iResearch? Who are their competitors in the CDN market? Do you recommend purchasing this on the IPO, later after it settles, or not at all for sector reasons? (price has yet to be determined...)

Thanks for your great service!

Scot

Q: RBC has raised its estimate on CF to $12 from 7.50.Is the investment business this strong and will the rising tide lift all the boats such as GMP?
Thanks for your opinion.

Q: Hi Peter & 5i: A recent Morgan Housel article circulated by the Motley Fool discusses a developing trend in the fees charged by financial advisors, away from a percentage of AUM model and toward a flat fee approach. He suggests that this transition will ultimately have many people paying significantly less than they do presently for the services of their financial advisors. My questions: 1. Do you agree that this trend is coming? 2. If so, over what timeframe would you expect it to be substantially implemented? 3. Will it have a material impact on the revenue and earnings of the Canadian fincancial corporations that 5i members may own? 4. If so, which ones would likely suffer the most severe effects? Thanks for your thoughts!

Q: POWER Corp financial measures indicate deep value, good dividend 3.8% forward PE 10.3, estimated earnings this year $2.12 dividend well covered. It will likely have some conglomerate discount but should benefit from European exposure. Why is it essentially static - narrow range trading?
appreciate comment.

Q: What is your opinion of Guardian Capital. Jerome Hass had some positive comments the other night on BNN. What do you think?

Q: I would appreciate an update on IGM. Thanks!

Q: Hello Peter,
I am looking to make a move ( 5-7% weighting )on either SLF or GWO, maybe both. Ford recommends GWO as a Strong Buy. Could I have your opinion on which one you would pick? I would consider either one or both, to be ``cornerstone holdings``. In other words, long term growth with steady div. income, within a moderate to medium risk, but well diversified, portfolio. Thank you sir!

Q: Peter, could you give me your oulook on Counsel Corp, seeing as how it has dropped recenlty, is it the time to buy?