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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: What are your thoughts on Urbana Corp (urb.a), a closed end fund with a number of interesting financials in it. The Net asset value is much higher than the share price right now. Is there value here?
Read Answer Asked by Frank on April 17, 2013
Q: What to you think FAY.UN will do in terms of does it mirror the stock market or the bond market. When interest rates rise will this get crushed? Yield is huge, and seems to be steady. Cheers.
Read Answer Asked by Boris on April 08, 2013
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.
Read Answer Asked by Warren on April 07, 2013
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.
Read Answer Asked by john on April 04, 2013
Q: FSZ has performed very well since your last report (& upgrade). Would you be a buyer at current prices; would you trim a little?
Read Answer Asked by Douglas on April 01, 2013
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
Read Answer Asked by Bruce on April 01, 2013
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)?
Read Answer Asked by john on March 27, 2013
Q: Would like your comment on AFG.B. Dividend is high. Can it be sustained.?
Read Answer Asked by Ernie on March 26, 2013
Q: What are your thoughts on Flaherty & Crumrine Investment Grade fixed income fund,FFI. Thank you. Jack
Read Answer Asked by Jack on March 23, 2013
Q: Do you see the sell-off in the banks having further to run or would you recommend accumulating at these levels? Thanks.
Read Answer Asked by Gary on March 21, 2013