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.
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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: "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.
Q: Hi Peter & 5i: My discount broker's site shows Fiera Capital (FSZ) as last having gone ex dividend November 22, 2012, for a dividend that was paid out in December. It also lists FSZ as paying its dividends quarterly, most recently at 8 cents. It's now more than three months since the last ex dividend date and I haven't seen any announcements about the next one. Did I just miss it or is FSZ instituting a payment pattern change? Thanks.
Q: Hi! What is your opinion of Element Financial (EFN)? thankyou.
Q: Reading your response on National bank (NA) dating Feb 21, 2013, you were right on the money re its growth outlook. Their financial results were somewhat "boring" - neither up/nor down which is in-line with your comments. Other than distributino of dividends (and possibly peace of mind), would you see any other reason to own this stock. Some of the other banks such as TD and RBC seem to be firing on all cylinders. And would Scotia or one of the other banks probably offer a good mix between National Bank and one at the opposite extreme? Thanks again.
Q: I read the article in today's Globe re US banks " 3 for 1 sale " what US banks do you like for a long term hold or are US banks better for short term growth take your target gain and run.
Thanks 5i Team.
Den.
Thanks 5i Team.
Den.
Q: Have you ever looked at Olympia Financial (OLY)? I've held it for a couple of years and collect a nice 7% yield. Growth seems slack and the stock sits around $40. Any growth prospects here? And is the dividend sustainable? Thanks.
Q: Hi Peter and gang.
Could you please give me your thoughts on Gluskin Sheff (GS). I've been watching this for a while and it looks like a fairly solid investment.
Thanks
Could you please give me your thoughts on Gluskin Sheff (GS). I've been watching this for a while and it looks like a fairly solid investment.
Thanks
Q: Hi, Peter and team,
A year or two ago, a friend and I were dsicussing the US financial sector and came to the conclusion that as long as the stock did not "die", it should bounce back as time goes on. Based on this thesis, I started research on a few names e.g. BAC, MS, Wells Fargo etc. and was ready to take the plunge. Then I heard some fund Manager on BNN saying that the US banks were still risky although the PE, Price to Book..... look good because nobody really know what's on their books exactly. That stopped me cold on my track.
Fast forward to now, all the US banks have leap and bounced to recent new highs. My big question: should I "chase" these stocks since their fundamentals (e.g. P to B) still saying they are "cheap"
Thanks!
A year or two ago, a friend and I were dsicussing the US financial sector and came to the conclusion that as long as the stock did not "die", it should bounce back as time goes on. Based on this thesis, I started research on a few names e.g. BAC, MS, Wells Fargo etc. and was ready to take the plunge. Then I heard some fund Manager on BNN saying that the US banks were still risky although the PE, Price to Book..... look good because nobody really know what's on their books exactly. That stopped me cold on my track.
Fast forward to now, all the US banks have leap and bounced to recent new highs. My big question: should I "chase" these stocks since their fundamentals (e.g. P to B) still saying they are "cheap"
Thanks!
Q: This is a followup to the question just answered re financial sector weighting - you suggested either FIE or SFN - I see the yield on FIE is double that of XFN - can you give some background on that - does it increase risk in some way ? Thanks again.
Q: You guys have mentioned previously that National Bank (NA) sits at the top of the list amongst the big six banks in Canada. What do you think about it today?
Q: what is your view on Home Capital group (HCG). Is it buy or a hold, long term outlook, long term is two years. Thanks
Q: May I have your views on GMP which I bought at a much higher price! Should I hold?
Q: I have had a good run with WESPAC BANKING CORP (WBK: New York)in my TFSA, & notice that it generally seasonally "tops out" on Mar 1st or April 1st of each yr. Should one sell some or all in advance of Mar01, 2013, or just ride it out?
Thanks in anticipation, Best wishes, Paul.
Thanks in anticipation, Best wishes, Paul.
Q: Urbana corp...urb and urb.a...Do you have any comments on the company and which would be the better buy...if it was a buy?
Q: HCG has taken a small hit recently and I may have missed some news. Also how will HCG be affected by increasing interest rates expected late this year or next year.
Regards
Regards
Q: SLF. Would you buy now as it looks like it's house is getting in better shape & dividend is secure. I am long-term invester & was thinking for my RRSP.