Q: Ffh.pr.k jumped by roughly 5% today and I am baffled as to what would prompt this kind of move up in its sp. Can you shed any light? Very unusual for a pref.
Q: Hello
Brookfield Corp stock has been drifting lower after making a high of $85, despite strong results. We started a position just before and after results were announced with an average price of $81.50, for a long term hold.
Do you consider $78 to be a decent level to add some shares or wait for a further pull back ? Not sure if following was a reason for the downward pressure, today.
It was reported by a news website EI confidential that Brookfield intends to offer EUR 7 Billion, to buy Spanish Drug maker Grifols with an offer of EUR 10.50, below the price its trading now.
Q: I think Wealthsimple is a great trading platform (they also have a great newsletter) and I would like to invest in this company. Is the only way to do this through POW:CA?
Q: Hello 5iR,
Do you have any information that would account for the spike up to 28.40 on good volume? Would you consider this stock a buy to day? Thanks. Cheers
Q: What are your thoughts on NU Holdings latest quarter? Other than revenue being slightly below estimates, things looked good. Does growth look to be intact and is the drop related to profit taking or is there something else here? Thanks
I noted in one of your responses that Brookfield Corp pays dividend in USD.
If so, do we have to hold the stock in USD Currency, in order to receive dividends in USD ?
Also, are the USD Dividends received from Brookfield Corp, eligible for Canadian Dividend Tax Credit or the dividends have to be received in CAD, in order to qualify for the Tax Credit ? ( So, we should move the BN to CAD side of the portfolio ? ).
Q: I am needing to raise some cash and decided to trim my financials. I hold GSY (4.2%), V (5.6%), BNS (3.66%) , TD (3.65%), PRL(3.57%) and RY (2.51%) Total 23.19% My first thought is to eliminate BNS or TD. Alternatively I could eliminate both as I sense I am overweight financials with this basket. Given this mix which Bank would you lean towards eliminating, BNS or TD? Would you be comfortable letting them both go?
Q: I am thinking of adding/increasing my position in an insurance company and have found that the combined ratio for both MFC and SLF are more than 100 while CB and TSU’s combined ratio is in the low 80. Does that mean MFC and SLF are not as profitable as CB and TSU? Which is a good buy currently? Thanks,