Q: Now that MFC had derisked its US business especially its underformed Legacy sector,and had broken out of long term Resistance at the $26-27 level,is it timely to buy? Please U advices.Txs for U usual great services & advices
Q: Do you feel like this is just about the cheapest value stock in the market with upside and very little risk to keep anybody awake at night?
Thanks Again.
Q: Could you please provide your general impressions of Chesswood Group Limited's review of strategic alternatives announcement? The review completion deadline of March 31, 2024 mentioned in the press release is not too far away. Thank You
Q: Please compare the first two with BAM. Seems they have much higher dividends, and lower valuation. Would you comfortable to pick one today for a long term investing? Thank you!
I want to get your thoughts on Olympia Financial (OLY) and its big run up. What do you think of its current valuation - is it expensive and what do you think of it in a TFSA. Also can you comment on its growth and ROE. Would you add it or wait for a pull back.
Q: I've owned SLF for a number of years. I'm considering the switch to IFC as done in the balanced portfolio. I get a DRIP from SLF each quarter. With the amount of money i have invested i would not get a DRIP from IFC. How much weight would you put on this to favour staying with SLF?
Q: I am down $3,800.00 on ZWB (15% of portfolio) and down $9,600.00 on ZWK (2% of portfolio).
What is your view on the banking sector. Do you see a full recovery or is it going to take a while? Should I hold or cut back?
Q: Expanding on my recent question about my desire to reduce exposure in the Financial Services sector, today's article in the Globe & Mail is of concern:
"Non-prime lenders warn thousands of borrowers they could be cut off because of new maximum interest rates"
Should this cause me to rethink my strategy to reduce TD to raise the cash? As you pointed out in your answer, GSY is significantly riskier than the our other holdings in this sector.
We are seniors (75 & 80) and the stocks referred to are in a RRIF.
Q: At what price does Laurentian Bank become interesting? Yeah, they've had problems but the dividend is pretty high and a while ago you though it was somewhat secure. It is trading at a ten year low price. Plus, if I have the right book value, we have a bank selling well below book value.
Don Coxe used to like quoting Stein's law which says "that which cannot continue will cease." Any thoughts as to how that might play out for this bank? (sell to somebody or eventual price rise or quietly disappearing...)
Q: Portfolio Analytics indicates that across our accounts, we are overweight in the Financial Services sector. In order to free up some cash for under=represented sectors, my thinking is to reduce TD enough to achieve the target amount. I'm a bit uneasy with some of the recent negative issues with TD, but still would like to keep some due to its wide moat and 5i's opinion that perhaps its "problems" have been overplayed. Would you concur with my strategy? Thanks.